BUSINESS ETHIC. LECTURE 13. What is ethic?. Ethics is a study which seeks to address questions about morality; that is, about concepts such as good and bad, right and wrong, justice, and virtue. A set of principles of right conduct. What is business ethics?.
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Individual l level
Ethics of the system
Ethics of the organization
Ethics of the person
Ethics is personal
Information is neutral and amoral
Business and ethics don’t mix
Good business means good ethics
Business ethics is relative
E.g. tobacco industry.
Answer each following with your first reaction. Circle the number, from 1 to 4, the best represents your beliefs if 1 represents ‘completely agree’ and 4 represents ‘completely disagree’
Total your scores by adding up the numbers you circled. The lowest possible score is 10, the highest score is 40. Be ready to give reasons for your answer.
THE LOWER YOU SCORE, THE MORE QUESTIONNABLE YOUR ETHICAL PRINCIPLES REGARDING BUSINESS ACTIVITIES