Business and Professional Ethics: Responsibilities and Dilemmas
Classified in Philosophy and ethics
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English with a size of 2.42 KB
Essentials of Business and Professional Ethics
Ethical Responsibilities of a Business
- To the general public: Avoiding adverse effects on public health, the environment, and philanthropic efforts.
- To customers: Ensuring informed choices, the right to be heard, and customer safety.
- To the workforce: Providing a safe workplace, preventing harassment and discrimination, ensuring equal opportunity, and offering a chance for a quality life.
- To investors: Practicing good accounting, and providing an accurate portrayal of the firm's financial resources and conditions.
Basis for Ethical Business Organizations
Ethical Awareness
Implementing a code of conduct for all employees and managers.
Ethical Reasoning
Providing ethics education for employees and managers.