Business Ethics Intro - These lectures will help you ace the midterm and final exams, I got an A as PDF

Title Business Ethics Intro - These lectures will help you ace the midterm and final exams, I got an A as
Author Caroline Gomez
Course Moral/Ethical Dimension Of Bus
Institution St. John's University
Pages 2
File Size 42 KB
File Type PDF
Total Downloads 99
Total Views 159

Summary

These lectures will help you ace the midterm and final exams, I got an A as the final grade...


Description

Business Ethics Intro

What is Business Ethics?

Business Ethics – principles and standards that determine acceptable conduct in business

Business Ethics & Capitalism



Business ethics generally applies to capitalist or mixed capitalist-socialist economies where:

a) Means of production can be privately owned b) Markets should play the most important role in the distribution of resources •

Question: Do you believe in a & b?

Business Ethics & Socialism



Socialists/communists who deny these assumptions will see some debates in Business Ethics as misguided



They think private ownership of the means of production is inherently unethical



They think free markets as the main means of resource distribution are inherently unethical



They think Business-for-profit at the expense of justice and fairness to everyone is unethical...


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