ethics in business
DESCRIPTION
This presentation discusses in short slides the meaning of ethics, what is its importance in business and how it can be implemented. For more information concerning ethics in business take a look at http://www.researchomatic.com/essay/ethics/TRANSCRIPT
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Ethics in Business
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Definition
Business ethics (also corporate ethics ) is a form of applied ethics or professional ethics that
examines ethical principles and moral or ethical problems that arise in a business environment.
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Slavery of black people abolished in the era of Lincoln was considered to be unethical by him
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The historic use of child labor is considered to be a breach of ethics
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Some companies regard testing of products on animals as unethical practices
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Euthanasia or mercy killing is considered to be an unethical practice.
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Patent, Copyright and Trademark Infringement are illegal as well as unethical
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Many major corporations do not set store to ethics as money is the prime factors in these
businesses
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Companies that do not adhere to ethical practices can be filed with lawsuits and can have anti-trust
and defamation campaign launched against them.
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THANK YOU!