Business Essay on Morality and Ethics in Corporate World - Research Pa...

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Business Essay on Morality and Ethics in Corporate World

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Business Essay on Morality and Ethics in Corporate World
By Divyashrii | August 2013

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The term "business ethics" is used in a lot of different ways. Business ethics is a form of applied ethics (Broni, 2010) that examines ethical principles and moral or ethical problems that arise in a business environment (Solomon, 1991). It applies to all aspects of business conduct (Baumhart, 1968; Ferell - Fraedrich, 1997; Singer, 1991) and is relevant to the conduct of individuals and business organizations as a whole (Bernard, 1972; Donaldson, 1982:36). Applied ethics is a field of ethics that deals with ethical questions in many fields such as technical, legal, business and medical ethics (Preston, 1997:6-11). Business ethics consists of a set of moral principles and values (Jones Parker - Bos, 2005:17) that govern the behavior of the organization with respect to what is right and what is wrong (Badiou, 2001; Seglin, 2003). It spells out the basic philosophy and priorities of an organization in concrete terms (French, 1979; French, 1995). It also contains the prohibitory actions at the workplace

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Business Essay on Morality and Ethics in Corporate World - Research Pa...

http://www.studymode.com/essays/Business-Essay-On-Morality-And-Eth...

Business Essay on Morality and Ethics in Corporate World
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have helped in the evolution of four basic concepts of ethics. They are Download deontologism, relativism, egoism, and utilitarianism (Kotsiris, 2003). The paper examines basic principles of business ethics and sheds light on the aforesaid Print concepts. Business