Business Ethics
Acting in an ethical way involves distinguishing between “right” and “wrong” and then making the “right” choice. While some unethical business practices are obvious or true for companies around the world, they do still occur. In other instances, determining what practices are ethical or not is more difficult to determine if they exist in a grey area where the lines between ethical and unethical can become blurred. By definition, business ethics are the moral principles that act as guidelines for the way a business conducts itself and its transactions. In many ways, the same guidelines that individuals use to conduct themselves in an acceptable way – in personal and professional settings – apply to businesses as well. At the end of this course, learners should be able to:
- Understand Business Ethics
- Know the divisions of business ethics
- Understand the benefits of Ethical Behavior in Business
- Know the advantages and disadvantages of Business Ethics
- Understand the consequences of Unethical Businesses
- Know the ethical Principles for Business Executives.