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The English word ethics has its roots in the Ancient Greek word êthos (ἦθος), meaning ' character ' and ' personal disposition '. This word gave rise to the Ancient Greek word ēthikós (ἠθικός), which was translated into Latin as ethica and entered the English language in the 15th century through the Old French term éthique. [6]
These norms, values, ethical, and unethical practices are the principles that guide a business. [ 2 ] Business ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization.
The political act of "graft" (American English), is a well known and now global form of political corruption, being the unscrupulous and illegal use of a politician's authority for personal gain, when funds intended for public projects are intentionally misdirected in order to maximize the benefits to illegally private interests of the ...
Unethical amnesia is the tendency to forget the dishonest actions we commit, or to remember them in a blurred or very limited way. While we remember the immoral actions of others with precision, we tend to remember our own similar actions less easily. [ 1 ]
U.S. professional wrestler Mike Rotunda, using the ring name Irwin R. Schyster (abbreviated to "I.R.S.") portrayed a dishonest tax collector and accountant.; Sylvester Shyster, a Walt Disney cartoon character introduced in 1930, is a disbarred attorney who schemes to deprive Minnie Mouse of her inheritance; and in many comic serials by Floyd Gottfredson (his creator) he appeared scheming with ...
Robber baron is a term first applied by 19th century muckrakers and others as social criticism to certain wealthy, powerful, and unethical 19th-century American businessmen. The term appeared in that use as early as the August 1870 issue of The Atlantic Monthly [ 1 ] magazine.
By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other. Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised in a manner that affects the ...
Deception is the act of convincing one or many recipients of untrue information. The person creating the deception knows it to be false while the receiver of the message has a tendency to believe it (although it is not always the case). [1]