1. Explain the terms ethics and business ethics. 2. Outline the importance of business ethics in organizations and why they should be ethical and identify THREE (3) arguments FOR and THREE (3) arguments AGAINST ethics. 3. Distinguish among the FOUR (4) types of ethics.
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- What is the difference between ethics and business ethics?Why there is a code of ethics in the business. Establishe what is the north of this code of ethics. Establishe what are the objectives of the code of ethics.Ethics make the business more authentic.. explain this in relation to the need of Business Ethics.
- 1. What is business ethics. 2. Why business ethics important.i) What is the best source for ethical business practices: The individual employee, or the business organization itself? ii) To what extent should individual employees be allowed to lend input in the creation of a code of ethics for a business organization? iii) In the event that an individual employee's ethical standards differ from his/her employer's code of ethics, what can/should be done to resolve those differences?3. Ethics refers to A)the practice of obeying applicable business laws and regulations B) the ability to recognize a morally problematic situation C) the ability to know right from wrong and to know when you're practicing one instead of .3 the other D)a series of situations in which an individual must choose between personal interest and the interest of others. 4 .5 4. What is the price at which the quantity of goods demanded, and the quantity of goods supplied are equal .6 .8 A) The going rate B) The margin rates C) The market price D) The optimum price
- Critically explain the challenges to business ethics raised by the left political spectrum. (Explain the challenges raised by the right political spectrum to business ethics.To what extent do you consider such a challenge to be problematic to the study of business ethics?)Discuss the 2 approaches of Business ethics.Discuss the importance of corporate ethics and outline 3 organizations that have maximized the use of corporate ethics in their organization and explain how it has benefited them.