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Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
A code of practice is adopted by a profession (or by a governmental or non-governmental organization) to regulate that profession. A code of practice may be styled as a code of professional responsibility, which will discuss difficult issues and difficult decisions that will often need to be made, and then provide a clear account of what behavior is considered "ethical" or "correct" or "right ...
The Institute of Business Ethics was founded by Neville John Cooper (1924–2002), the chairman of the Christian Association of Business Executives (CABE) from 1985 and a member of the governing council of the Confederation of British Industry (CBI) in 1985–1986, who had worked as a telecom executive during the 1970s and had been an activist for Moral Re-Armament before 1964. [5]
The opposite of Sakama Karma (action with desire), [8] Nishkama Karma has been variously explained as 'Duty for duty's sake' [9] and as 'Detached Involvement', which is neither negative attitude nor indifference; and has today found many advocates in the modern business area where the emphasis has shifted to ethical business practices adhering to intrinsic human values and reducing stress at ...
Finance also deals with the long term objective of maximizing the value of the business, while also balancing risk and profitability; this includes the interrelated questions of (1) capital investment, which businesses and projects to invest in; (2) capital structure, deciding on the mix of funding to be used; and (3) dividend policy, what to ...
Some of the vital characteristics of ethical communication are discussed below. Conveying the point without offending the audience: [2]; While communicating with the audience, expressing the desired message to them in a significant manner is of primary importance.Strong conversation skills can make a big difference in the workplace.
The Nicomachean Ethics has received the most scholarly attention, and is the most easily available to modern readers in many different translations and editions. Some critics consider the Eudemian Ethics to be "less mature," while others, such as Kenny (1978), [4] contend that the Eudemian Ethics is the more mature, and therefore later, work.
The ethics of technology is a sub-field of ethics addressing ethical questions specific to the technology age, the transitional shift in society wherein personal computers and subsequent devices provide for the quick and easy transfer of information. Technology ethics is the application of ethical thinking to growing concerns as new ...
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