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Business Ethics

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Business Ethics
1. Introduction

Precisely define the concept of "ethics" is quite difficult. In a general sense ethics - a set of moral principles and values that govern the behavior of a person or group of people and determining the positive and negative assessments of their thoughts and actions.
Ethics associated with inner values, and they in its turn are part of the corporate culture and influence on decision making, determine their social validity within the environment. Ethical problem arises when the actions of an individual or organization may harm or conversely benefit others. Since ethics are unwritten rules, the issue of assessing an action often has irreconcilable differences.
The so-called ethical dilemma arises in a situation where all the alternative solutions or courses of action because of its potentially negative moral consequences are undesirable, it is difficult to distinguish good from bad, right from wrong. Person who assumes responsibility for the organization of emerging ethical issues, often referred to as an agent of morality.
This assignment examines the various approaches to the ethical issues, the study of which allows management to develop criteria for their analysis and solutions.

2.1 The Four approaches to make ethical decision

Most ethical dilemmas is a conflict between the whole thing and its parts: the organization and the individual, the community and the organization. For example, should the company be subject to mandatory testing of their employees in the use of drugs and alcohol, which can benefit from it, but it restricts the freedom of action of individuals? Is it right to export goods that do not meet national quality standards in other countries with less stringent requirements?
Sometimes ethically complex solutions involve a conflict between the two groups. For example, what is more important: the pollution caused by wastewater businesses or jobs that it creates, as the largest employer?
Faced with the

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