Question

In: Finance

What would be a thoughtful way of defining what business ethics is? What should someone expect...

What would be a thoughtful way of defining what business ethics is?

What should someone expect to learn from a business ethics course?

Solutions

Expert Solution

Business ethics is application of ethical principle in the corporate world and application of these professional ethics in deciding upon various situations of moral dilemma which will help the business professionals to make ethical decisions. Business ethics are combination of ethical principle in the business world which will help the business professional in order to make decisions in accordance with what is best for the organisation for creation of value in the long run and it will be applying the fundamental of ethics for solving the business dilemma

Someone can expect to learn from business ethics course to make decisions in accordance with various professional dilemma because businesses are often conflicted between making higher profits and making school decisions so it will guide this professionals in order to make best possible decisions in order to to derive the maximum organisational value so it will teach to be Ethical while making profits in business.


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