Business Ethics : Definition And Nature
Business ethics is the study of moral principles and values that should guide the behavior of individuals and organizations involved in business
Business ethics is the study of moral principles and values that should guide the behavior of individuals and organizations involved in business
ENCOURAGING MORAL AWARENESS OF BUSINESS : Business is not only focused on operational activities and profits but also the ethics and morals of business people must be considered
Managers experience ethical issues at the personal, organizational, trade/professional, societal and global levels.
Employees are more likely to do wrong if they don’t know what’s right. Without a code of ethics
Ethical abuse is the use of power or trust to exploit or harm others, or to take advantage of their vulnerabilities. Values are the guiding principles or beliefs that shape a person's actions and decisions
NORMATIVE ETHICS is focused on the creation of theories that provide general moral rules governing our behavior
Conflict of interest is a situation in which someone in a position of trust. example, a doctor has competing professional or personal interests
Ethics at the workplace refers to the moral principles and values that guide behavior and decision-making in a professional setting
Gender issues in the workplace refer to discrimination and unequal treatment of individuals based on their gender
Ethics in accounting and finance refers to the principles and values that guide the behavior of individuals and organizations in the financial industry