Importance of Ethics in Business
Ethics is important not only in business but in all aspects of life because it is the vital part and the foundation on which the society is build. A business/society that lacks ethical principles is…
Tag: Ethics
Business Ethics – Why Are They Important in Small Business?
Rarely is there the individual who does not encounter an ethical or moral dilemma at some point in his or her business life. Whether that individual is the owner of a multinational corporation, a small…
Ethics, Morality and Cut Throat Sales
Ethics and morality used to be used interchangeable in business. I do not believe this can or should be the current practice. Many businesses, including the DSA – Direct Sales Association have defined a Code…
Business Ethics In America
In order to fully understand ethics and how they relate to business, one must first define its key components. Ethics can be broken down into three categories: social, organizational, and individual. Corporations are bound by…
Define Your Position: Values, Ethics & Leadership
Some call it wearing one’s heart on the sleeve; others call it wearing their emotions. If the discussion is of values and ethics, leaders must wear them openly, constantly encouraging, mentoring, and coaching others to…
Ethics in Business
Sustainable advantage of an organization can be determined by its ethical capability. Ethical capability of an organization is its duty to do what is right. Some organizations such as Enron, Sathyam, and Tyco etc have…
Why is Ethics So Important in Business?
Ethics, according to Bottorff (2004) is defined as: “a body of principles or standards of human conduct that govern the behavior of individuals and groups. Ethics arise not simply from man’s creation but from human…
Ethics in Advertising
Introduction Ethics have always been an important aspect of every business activity, although the term has meant different things at different times in different lands to different people. Nonetheless, as ethical concerns are an inseparable…
Business Ethics Summary
Ethics is one of the oldest disciplines, the object of study of which is morality. The term ethics was introduced by Aristotle, who thoughtfully remarked that ethics “helps to know what to do and what…
Business Ethics in the World of Corporate Governance
Executive Summary All businesses are grey. A loaded statement but one which befits today’s business milieu. The debate is on the shades of the color and not the color itself. Wealth creation precedes wealth distribution,…