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5 Marks

Discussion Question:

Business ethics deals with the ethical problems that arise in any business environment. It applies to every aspect of business conduct. It is relevant to the conduct of individuals and business organizations as a whole. Corporate scandals in the past have redirected the managers and organizations to consider business ethics in the organizations. There are certain values which are considered important in business ethics like honesty, respect, fairness, transparency, dignity but loyalty and integrity are considered as fundamental values.

 

Briefly discuss how business loyalty is essential in business practices and to what limit employees must remain loyal to their organizations.

 

Note: To make an enriched discussion you are required to go through the article uploaded in the download section of your course website at VULMS. The article is available in downloads section on VULMS as “Business Ethics-GDB Fall 2018”. Copying as it is from the article or any other source would be considered as cheating and would be graded 0 marks. Try to produce your own answers with the help of the article. You can search additional material apart from the given article as well.

Important Instructions:

  1. Your discussion must be based on logical facts.
  2. Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.
  3. Obnoxious or ignoble answer should be strictly avoided.
  4. Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over.

Ø For Detailed Instructions please see the GDB Announcement

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