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focuses on character and the ways in which people practice and facilitate the practice of virtues in community, thereby facilitating happiness. Study with Quizlet and memorize flashcards containing terms like Business Ethics, compliance, corporate culture and more.
Study with Quizlet and memorize flashcards containing terms like Business Ethics, Principles, Values and more.
Study with Quizlet and memorise flashcards containing terms like Goal of Business Ethics, Standards an Ethical Code must include, Core Values and others.
Business Ethics Quiz 1. Which company attributes increase in value as stakeholders view that company in a positive light? (Select all that apply.) A. stock price B. competition. d. Which personal philosophical approach does Warren Buffet believe in? C. Invest in yourself. What is the best reason for a universal ethical standard? C.
Business managers don’t need to study ethics in order to know how to treat employees, shareowners, and customers. Business and ethics simply don’t mix. In the final analysis, self-interest represented by profit overrides the interests of employees, customers, and communities.
Having a single ethical standard maximizes ethical behavior no matter who the other party is and supports an internally consistent rule of behavior toward all family, friends, customers, clients, and others with whom we interact.
Terms in this set (75) Ethics is a part of decision making at all levels of work and management. Ethics deals with questions of whether practices are acceptable. Business Ethics can be defined as. Comprises principles, values, and standards that guide behavior in the world of business. Principles.