BUSINESS ETHICS - is the study of business situations, activities and decisions where issues of right and wrong are addressed. Baumhart defines "The Ethic of Business is the ethics of Responsibility" meaning the businessman must promise that he will not harm knowingly. Also termed as a study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities.
BUSINESS ETHICS - is the study of business situations, activities and decisions where issues of right and wrong are addressed. Baumhart defines "The Ethic of Business is the ethics of Responsibility" meaning the businessman must promise that he will not harm knowingly. Also termed as a study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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