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BUSINESS ETHICS (MGT610)

ASSIGNMENT NO, 01

 

 

 

Yes, business is making a vital role in the economy to develop the everything in the development of society or economy. When we are doing business it will have the effects well and the other hand is bad effects must be affected on the society. Ethics, broadly, is concerned with the meaning of all aspects of human behavior. Theoretical normative ethics aims to differentiate right from wrong.

An organization’s culture sets standards for determining the difference between good and bad decision making. Ethics in business about knows the difference between right and wrong and choosing to do what is right.  Business ethics, also called corporate ethics, is a form of applied ethics or professional ethics that examines the ethical and moral principles and problems that arise in a business environment. It can also be defined as the written and unwritten codes of principles and values, determined by an organization’s culture, that govern decisions and actions within that organization. It applies to all aspects of business conduct on behalf of both individuals and the entire company. In the most basic terms, a definition for business ethics boils down to knowing the difference between right and wrong and choosing to do what is right.

There are three parts to the discipline of business ethics personal professional, and corporate. All three are intricately related. It is helpful to distinguish among them because each rests on a slightly different set of assumptions and requires a slightly different focus in order to be understood.

But it’s not important to get things in the right way. It is not aim the business in provide personal fulfillment and spiritual development or clean enjoinment and self development. The creation of long term values for the owner of the business.

MGT610 of Assignment No.1
Student ID: _________
Solution:

Yes, business is making a very important role in the (process of people making, selling and buying things) to develop everything in the development of society or economy. When we are doing business it will have the effects well and the other hand is bad effects must be affected on the society. Ethics, broadly, is concerned with the meaning of all parts of human behavior. Ideas of thinking normative ethics aims to (make different) right from wrong.
An organization’s culture sets standards for deciding/figuring out the difference between good and bad decision making. Ethics in business about knows the difference between right and wrong and choosing to do what is right.  Business ethics, also called corporate ethics, is a form of applied ethics or professional ethics that examines the ethical and moral principles and problems that arise in a business environment. It can also be defined as the written and unwritten codes of principles and values, determined by an organization’s culture, that govern decisions and actions within that organization.
But it’s not important to get things in the right way. It is not aim the business in provide personal fulfillment and spiritual development or clean order/prohibit and self development. The creation of long term values for the owner of the business.
It applies to all aspects of business conduct on behalf of both individuals and the entire company. In the most basic terms, a definition for business ethics boils down to knowing the difference between right and wrong and choosing to do what is right.
There three parts to the discipline of business ethics personal professional, and corporate. All three are intricately related. It is helpful to distinguish among them because each rests on a slightly different set of ideas and requires or needs a little different focus in order to be understood.

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