Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN: 9781285193946
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Question
Chapter 2, Problem 1CC
Summary Introduction
To determine: The meaning of
Introduction: Business ethics is the utilization of moral measures to business circumstances. They are worried about the activities estimated by ethical guidelines as contracted with entirely monetary and money related principles.
Expert Solution & Answer
Explanation of Solution
Business ethics: The utilization of general values of moral standard in a general public to the zones where business operations takes place is termed as business ethics. That is business ethics identify with the conduct of a specialist in a business circumstance.
Some importance of business ethics are as follows:
- Ethical businesses catch the attention of investors
- Ethics lays the key basic leadership
- Ethics in a business catch the attention more workers
- Ethics empower solidarity
- They increase worker retention
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Chapter 2 Solutions
Foundations of Business - Standalone book (MindTap Course List)
Ch. 2 - Prob. 1CCCh. 2 - Prob. 2CCCh. 2 - Prob. 3CCCh. 2 - Prob. 4CCCh. 2 - Prob. 5CCCh. 2 - Prob. 6CCCh. 2 - Prob. 7CCCh. 2 - Prob. 8CCCh. 2 - Prob. 9CCCh. 2 - Prob. 10CC
Ch. 2 - Prob. 11CCCh. 2 - Prob. 12CCCh. 2 - Prob. 13CCCh. 2 - Prob. 14CCCh. 2 - Prob. 15CCCh. 2 - Prob. 16CCCh. 2 - Prob. 17CCCh. 2 - Prob. 18CCCh. 2 - Prob. 19CCCh. 2 - Prob. 20CCCh. 2 - Prob. 21CCCh. 2 - Prob. 22CCCh. 2 - Prob. 23CCCh. 2 - Prob. 24CCCh. 2 - Prob. 25CCCh. 2 - Prob. 26CCCh. 2 - Prob. 27CCCh. 2 - Prob. 1DQCh. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - Prob. 4DQCh. 2 - Prob. 5DQCh. 2 - Prob. 6DQ
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- Why are values an important element of ethics for individuals and organizations?arrow_forwardIdentify some contemporary ethical and compliance trends affecting corporations, employees, and individuals now.arrow_forwardAfter reading this chapter, what are major insights you have about ethics and CSR?arrow_forward
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