1. Describe how ethical leadership contributes to the development of each of the other levels of ethical standards in a corporation.

2. In what ways do firms demonstrate their social responsibility?

3. What are the four major areas in which businesses have responsibilities to the general public? In what ways can meeting these responsibilities give a firm a competitive edge? 7. Identify and describe the four basic rights that consumerism tries to protect. How has consumerism improved the contemporary business environment? What challenges has it created for businesses?