Business Law and Ethics Review Notes Lecture 1 Profit affect business decisions‚ but do we really have a free market to conduct our business in? BUSINESS DECISIONS Internal Forces Type of Business Structure Ethics CSR Corporate Governance External (Legal) Forces Contract Law Agency Tort Law Consumer Law External (Structural) Forces Legal System Dispute Resolution Regulation Ethics: Concerned with how we should behave‚ and involves theories that describe the ‘right’ way to make
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09/09/2013 WHO ARE THEY? Trends‚ Issues & Ethics WHAT DO WE KNOW ABOUT THEIR ETHICAL POSITION? WHAT IS ETHICS? • Ethics may be defined as a set of moral principles that govern one’s course of action. • Ethics and law are a system of conflict resolution. • The law is the minimum behavior standard. MORALITY Everyone has some morality of his or her own ‐ what he or she thinks is right and wrong ‐ and it sometimes happens that people who others see as bad do not see
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Content Topic | Page | Introduction | 3 | * Legal and Ethical Behaviors * Engineer’s role in ethics | 4 6 | Conclusion | 8 | References | 9 | Introduction Based on society’s ethics‚ laws are created and enforced by governments to mediate in our relationships with each other. Laws are made by governments in order to protect its citizens. The judiciary‚ legislature‚ and public officials
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“what does ethics mean?” we get many different replies. Some relate ethics to feelings‚ others relate it to religion‚ others might relate it to the law‚ others relate it to society and some just do not know. They are all wrong. Ethics refers to well-founded standards of right and wrong. Feelings‚ religion and the law may misguide people from what is ethical. The majority of people misunderstand what being ethical means. Some think that being ethical means following the law. The law often incorporates
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Ethics: U.S. Legal System Janaica Rambo AIU Online August 23‚ 2012 Abstract Why is ethics such an important topic of discussion? Choosing what is right or wrong leads to many dilemmas every day. Being knowledgeable on ethics can be helpful to people when facing ethical decisions. The U.S legal system has set forth rules and principles that are to be followed to ensure that our legal system promotes good ethics. This paper will discuss what ethics is‚ how it ties to our legal system‚ and
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A. Marketing Issues in Business Ethics: Marketing tobacco and alcohol. Discuss the ethics of marketing tobacco‚ marketing alcohol‚ or both‚ in terms any or all of the following: (1) underage customers‚ (2) target marketing ethnic groups and/or women‚ (3) moving questionable practices that have been abandoned in the United States to markets in developing nations. Discuss the ethics of marketing tobacco in ways that are illegal in the United States (i.e‚ to children during television shows
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Business ethics -Ethics derived from the Greek word ethos – which refers to the conventional customs and norms of a given culture – the term ethics can be understood in two ways: • as a traditional field of philosophical inquiry dating back to ancient Greece‚ which is concerned with values as they relate to human conduct; and • as the systematic study of norms and values that guide how people should live their lives. -Ethics is to do with what is good and bad or right and wrong. The
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This paperwork of ECE 214 Week 1 Discussion Question 1 Partnering with Families shows the solutions to the following problems: Chapter 2 of the text discusses the importance of creating partnerships with families. Please discuss: General Questions - General General Questions Parent Meeting PowerPoint Focus of the Final Project The summative assignment is to develop a PowerPoint presentation designed for a parent meeting. The goal is to inform parents of how your program aligns
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Ethical and legal obligation of business Introduction Business ethics: It is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in business environment. It applies to all aspect of business and is relevant to the conduct of individuals and entire organization. Ethics is mainly concerned with what is good versus bad‚ what is right versus wrong. Deontology is an ethical theory that holds that actions are right or wrong independent
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Chapter-1 (Nature of Ethics) Ethical Dilemmas The quandary people find themselves in when they have to decide if they should act in a way that might help another person or group‚ and is the “right” thing to do‚ even though doing so might not be in their own self-interest. A dilemma may also arise when a person has to decide between two different courses of action‚ knowing that whichever course he or she chooses will result in harm to one person or group even though it may benefit another. The ethical
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