How can good business ethics be defined?
By definition, business ethics refers to the standards for morally right and wrong conduct in business.
Law partially defines the conduct, but “legal” and “ethical” aren't necessarily the same.
Business ethics enhances the law by outlining acceptable behaviors beyond government control..
What does business ethics apply to quizlet?
Business ethics applies only to the owners, operators, and employees of corporations.
Acting in good faith gives a business firm a better chance of defending its actions in court.
Managers must apply different standards to themselves than they apply to their employees..
What is a code of business ethics quizlet?
A business code of ethics, usually based on the core values of the business, outlines the company mission statement, how professionals should approach dilemmas and the standards to which they hold their employees.
An individual's code of ethics can include their beliefs, values and background..
What is meant by business ethics quizlet?
Business ethics refers to principles and standards that define acceptable business conduct.
Social responsibility is the obligation an organization has to maximize its positive impact and minimize its negative impact on society..
What is the Fbla code of ethics?
FBLA CODE OF ETHICS
be honest and sincere. approach each task with confidence in my ability to perform my work at a high standard. willingly accept responsibilities and duties. seek to profit from my mistakes and take suggestions and criticisms directed toward the improvement of myself and my work..
What is the role of business ethics quizlet?
Business ethics refers to principles and standards that define acceptable business conduct.
Social responsibility is the obligation an organization has to maximize its positive impact and minimize its negative impact on society..
