solved In at least 250 words, please do the following:(a) describe

In at least 250 words, please do the following:(a) describe the interaction between Business Ethics, Social Responsibility, and Sustainability.(b) Then, please read the article titled: “Peter F. Drucker on Executive Leadership and Effectiveness” (link) download, and explain how this article aligns with Chapter 10 of the textbook.(c) From reading “Peter F. Drucker on Executive Leadership and Effectiveness”, are there any aspects of Management as a Liberal Art (MLA) that seem to also emerge in Chapter 10 of the textbook? Please explain the connection between these two readings.reply#1Although it looks like that business ethics, social responsibility, and environmental sustainability are different sections, the topics are quite interrelated and key strategic issues facing all organizations. For example, if a company is socially irresponsible, such as financial scandal of Lehman and accounting scandal of Enron, it is considered unethical. Socially irresponsible companies also neglect environmental, ethical, and social responsibility. Business ethics refers to appropriate business policies and principles of conduct within organizations that guide business practices. Shareholders, such as customers, employees, and the public, have become less and less tolerant of business ethics violations in organizations, and more and more appreciative of ethical organizations. Good business ethics is a prerequisite for good business. Social responsibility means that companies should adopt ethical policies that promote the well-being of society and the environment as a whole. Customers are more likely to do business with socially responsible companies, hence impacting their profitability. Social responsibility has become increasingly important to investors who seek to invest companies that are not just profitable but also contribute to the welfare of society and the environment. Sustainability is the balance between business operations, economy, equity, and the environment. Polluting the environment is unsustainability, unethical, and irresponsible. One of the best ways for an organization to be socially responsible is to protect, mend, and preserve the natural environment. Business ethics, social responsibility, and sustainability are interrelated and impact all areas of business process (David & David, 2017, P. 305-322).According to Maciariello (2006), leaders must exhibit high levels of integrity in their moral and ethical conduct, and lead beyond borders to meet at least minimum requirements of all stakeholders, thereby serving the common good. An organization should be led by executives who are committed to doing the right thing and to getting the right things done. Organizations must minimize negative social impacts and take a proactive interest in the common good because they are significantly dependent upon the welfare of society for their own welfare.Peter Drucker defined Management as a Liberal Art (MLA) in his book: “Management is what tradition used to call a liberal art: ‘liberal’ because it deals with the fundamentals of knowledge, self-knowledge, wisdom, and leadership; ‘art’ because it deals with practice and application. Manager’s responsibility is to make the organization perform the function and make the contribution for the sake of which it exists (Drucker, 1974). An organization’s social action should not interfere with its primary mission. Creating an image for business is a smart way to win more customers. Customers love brands that care about their environment and help the community. People have more incentive to support businesses thathave more social responsibility. For most firms, the ultimate goal is stated in financial performance. The trust of customers and the public is very important asset. It will lead directly to improve financial performance and stakeholders’ benefits.ReferencesDavid, F. R., & David, F. R. (2017). Strategic Management Concepts and Cases: A Competitive Advantage Approach (16th ed.). Pearson Education.Drucker, P. F. (1974). Management. London: William Heinemann.Maciariello, J. A. (2006). Peter F. Drucker on executive leadership and effectiveness. In F. Hesselbein & M. Goldsmith (Eds.), The leader of the future 2: Visions, strategies, and practices for the new era (pp. 3–27). Jossey-Bass/Wiley.reply#2Business ethics is the proper way an organization runs with its policies, mission statements, and principles. Social responsibility refers to the methods an organization adopts to engage with the public beneficially that is also advantageous to the organization itself. Sustainability is the how the organization balances its profits, ethics, responsibility, and the well-being of the society.Chapter 10 of the textbook talks about how business ethics, social responsibility, and sustainability take huge part in the success of a business, and the article provides a more detail explanation on how all three of them are correlated to each other. For example, an organization needs to minimize the social impact while maximizing its financial profits; meanwhile, they need to make sure the policies and procedures they adopt for the organization matches the requirements from all stakeholders to ensure business ethics.In the article Peter F. Drucker on Executive Leadership and Effectiveness (Drucker, 1974), we see that the society actually prefers to buy from companies that are more socially responsible. For example, Tesla came out with Vegan leather for all of its vehicles produced. This marketing method creates a positive and environmental social perspective, therefore created large profit to its vehicle market.ReferenceDavid, F. R., & David, F. R. (2017). Strategic Management Concepts and Cases: A Competitive Advantage Approach (16th ed.). Pearson Education.Maciariello, J., A. (2006). Peter F. Drucker on Executive Leadership and Effectiveness. Academia. Retrieved from https://www.academia.edu/26154614/Peter_F._Drucker_on_Executive_Leadership_and_Effectiveness