![]() Interest in business ethics accelerated dramatically during the 1980s and 1990s, both within major corporations and within academia. The range and quantity of business ethical issues reflects the interaction of profit-maximizing behavior with non-economic concerns. Academics attempting to understand business behavior employ descriptive methods. As a corporate practice and a career specialization, the field is primarily normative. Business ethics have two dimensions, normative business ethics or descriptive business ethics. īusiness ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization. These norms, values, ethical, and unethical practices are the principles that guide a business. These ethics originate from individuals, organizational statements or the legal system. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics (also known as Corporate Ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment.
0 Comments
Leave a Reply. |