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Study with Quizlet and memorize flashcards containing terms like What is the definition of business ethics?, What is the definition of moral standards?, Where do moral standards come from? and more.
Definition of ethics—"the principles, norms, and standards of conduct governing an individual or group"—focuses on _____. business society conduct organization
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Business Ethics Final. 5 (7 reviews) Terms in this set (97) Which of the following is the best description for what it means to be a professional of integrity? having an ethical mindset in business. What is ethics? standards of behavior for professional and personal lives. Why do businesses care about ethics? to uphold honorable standards of ...
Business ethics. the study of business situations, activities, and decisions where issues of right and wrong are addressed. Morality. Norms, values, beliefs embedded in social processes, defining right and wrong.
Introducing business ethics. Business ethics is not a real concept as the rules and ethics of everyday life don't apply to the world of business. Business Ethics is the study of business situations, activities and decisions where issues of right and wrong are addressed.
Business ethics does NOT focus on: how businesses are treated under international law. Investors dissatisfied with profit-maximization theory look beyond profits to consider the triple bottom line.
