Business Management questions and answers

1. Define business morals. Who determines whether a business drill is estimable? Is un honourable conduct always illegal?Business ethics is the principles that determine the acceptable conduct in the business oeuvre. Customers, competitors, organization regulators, interest groups, and the public determine whether a business activity is ethical. No, not all conduct is always illegal.

2. Distinguish mingled with ethics and social responsibility.

Ethics is the conduct that is acceptable in the business area and social responsibility is the business?s obligation to make a positive impact on society and lower its negative impacts.

3. Why has ethics cause so important in business?Ethics has puzzle so important in business because it builds trust among individuals and in business relationships, which leads the company and its employees in a comfortable environment. This excessively helps the business to have confidence that their employees are happy in their work area.

4. What is an ethical issue? What are some of the ethical issues named in your text? Why are they ethical issues?An ethical issue is a problem that a person require to choose from several actions that may be considered right or wrong. Some ethical issues discussed are lying, abusive behavior, violations, stealing, sexual harassment, and many a(prenominal) others. These are ethical issues because each of these issues can damage the workplace and the production of the company.

5. What is a code of ethics? How can mavin reduce unethical behavior in business?A code of ethics is formalized rules that a company expects of its employees in the beginning they start to work there. One can reduce unethical behavior in business by giving the employees mod information on which conduct is acceptable and which isn?t. This helps for future problems with employees.

6. be given and discuss the arguments for and against social responsibility by business (Table 2.8). stick out you think...

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