Meaning
Using the phrase business ethics might imply that the ethical rules and expectations are somehow different in business than in other contexts. There really is no such thing as business ethics. There is just ethics and the challenge for people in business and every other walk in life to acknowledge and live up to basic moral principles like honesty, respect, responsibility, fairness and caring.
—Michael Josephson
Prior to embarking on our exploration of business ethics theories, models, and application in your practice, it is critical to define both terms: “business” and “ethics.” Given the power and prevalence of business in modern culture, business ethics is a critically important concept in society today. Business ...
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