a law each day
Topic: business ethics
Questions:
1. Discuss why ethics is important in business
2. Refute the businessman’s myth that “ethics has no place at all in business”
3. Explain the phrase “ethics is unwritten law written in the hearts of man”
4. What is your concept of reasonable profit?
5. What is your personal view on profit motive
Coupon bond-short
Subs.20 w/ page
Minimum of 5 pages
1. Ethics concern an individual's moral judgements about right and wrong. Decisions taken within an organisation may be made by individuals or groups, but whoever makes them will be influenced by the culture of the company. The decision to behave ethically is a moral one; employees must decide what they think is the right course of action. This may involve rejecting the route that would lead to the biggest short-term profit.
Read more: http://businesscasestudies.co.uk/cadbury-schweppes/ethical-business-practices/the-importance-of-ethics-in-business.html#ixzz2pYZSvlgv
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Ethics is related to all disciplines of management like accounting information, human resource management, sales and marketing, production, intellectual property knowledge and skill, international business and economic system. As said by Joe Paterno once that success without honor is an unseasoned dish. It will satisfy your hunger, but won't taste good. In business world the organization's culture sets standards for determining the difference between good or bad, right or wrong, fair or unfair.
Article Source: http://EzineArticles.com/1212419
Ethics is important not only in business but in all aspects of life because it is the vital part and the foundation on which the society is build. A business/society that lacks ethical principles is bound to fail sooner or later. According to International Ethical Business Registry, "there has been a dramatic increase in the ethical expectation of businesses and professionals over the past 10
Questions:
1. Discuss why ethics is important in business
2. Refute the businessman’s myth that “ethics has no place at all in business”
3. Explain the phrase “ethics is unwritten law written in the hearts of man”
4. What is your concept of reasonable profit?
5. What is your personal view on profit motive
Coupon bond-short
Subs.20 w/ page
Minimum of 5 pages
1. Ethics concern an individual's moral judgements about right and wrong. Decisions taken within an organisation may be made by individuals or groups, but whoever makes them will be influenced by the culture of the company. The decision to behave ethically is a moral one; employees must decide what they think is the right course of action. This may involve rejecting the route that would lead to the biggest short-term profit.
Read more: http://businesscasestudies.co.uk/cadbury-schweppes/ethical-business-practices/the-importance-of-ethics-in-business.html#ixzz2pYZSvlgv
Follow us: @Thetimes100 on Twitter | thetimes100casestudies on Facebook
Ethics is related to all disciplines of management like accounting information, human resource management, sales and marketing, production, intellectual property knowledge and skill, international business and economic system. As said by Joe Paterno once that success without honor is an unseasoned dish. It will satisfy your hunger, but won't taste good. In business world the organization's culture sets standards for determining the difference between good or bad, right or wrong, fair or unfair.
Article Source: http://EzineArticles.com/1212419
Ethics is important not only in business but in all aspects of life because it is the vital part and the foundation on which the society is build. A business/society that lacks ethical principles is bound to fail sooner or later. According to International Ethical Business Registry, "there has been a dramatic increase in the ethical expectation of businesses and professionals over the past 10