Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question

Determine the role of ethics in management. How can ethical decision-making be integrated into the management process?

Expert Solution
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Step 1: Define the term ethics:

Ethics refers to the system of moral principles, values, and rules of conduct that  companion and govern the  geste 
of  individualities or groups within a society or association. It involves distinguishing between right and wrong, making  opinions grounded on a set of principles, and  clinging to a  law of conduct that upholds  norms of morality and fairness.   

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