Week 2: Week Two - Individual Work 2

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Week 2: Week Two - Individual Work 2
Tina R. McGlory
Everest University – MBA Program

Abstract Instructional Objectives for this activity:
Critique the elements responsible for differing moral standards of behavior from person to person | Business ethics are controversial given there are no universally accepted approaches for handling ethical issues when they arise. This assignment allows you to explore business ethics, right and wrong, and the conflict that may occur between your personal morals and what is deemed acceptable by the organization.Explore the online library for scholarly resources on business ethics and virtues. Using Microsoft Word, prepare a paper that discusses the following questions: * What are business ethics? * What does "right" really mean? How do you know when something is truly "right" or totally "wrong"? * Describe the virtues that are most important to fostering an ethical organization. * Describe an incident when your moral standards conflicted with someone else 's moral standards (either personally or in the workplace). What was the outcome? Would another outcome have been more desirable? If so, why? | |

What are business ethics? “The behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer. Many businesses have gained a bad reputation just by being in business. To some people, businesses are interested in making money, and that is the bottom line. It could be called capitalism in its purest form. Making money is not wrong in itself. It is the manner in which some businesses conduct themselves that brings up the question of ethical behavior.” (Crystal)
“Good business ethics should be a part of every business. There are many factors to consider. When a company does business with another that is considered



References: Hosmer, L. T. (2011). The ethics of management: A multidisciplinary approach, 7e. New York: McGraw-Hill Irwin Crystal, G.. N.p.. Web. 11 May 2013. <http://www.wisegeek.org/what-is-business-ethics.htm>.

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