In business there is no room for ethics.
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An example might be a situation where the law allows you to work your labor for a virtually unlimited number of hours. It's legal but not ethical.
Another example might be firing workers who were injured on the job, may be legal but not ethical.
Another example, paying women lower pay for the same work, just because they are women. Legal in many cases but not ethical.
Intercontinental bank plc.
Ethical Leadership can be evaluated on the of ethical decision making, ethical communication and ethical team building.
The need to study business ethics is very important. It teaches morals and the importance of right and wrong in dealing with business. The decision to behave ethical is very important.
a constraints limits or prevents a business from taking a certain decision or behaving in a particular way. there maybe economics , legal , technology & environmental constraints on business activity .
discuss the ethical problems of doing business around the world
What legal and ethical issues should a business consider when deciding whether or not to do business globally
is it healthful, ethical, legal, and parent approval
Walmart
i need the answer too
To determine if something is ethical, ask the questions, 'Is it legal?', 'Is it balanced?', 'How will your decision make your feel?', 'Would you feel good if your family were to read about your decision in the newspaper?'.
The legal environment in regard to ethical behavior in business includes laws and regulations that govern issues such as corruption, bribery, fraud, discrimination, and environmental protection. Companies must comply with these standards to avoid legal consequences and maintain their reputation. Ethical behavior in business is important for building trust with stakeholders and operating in a socially responsible manner.
Ethical decision making in a business or group context will be necessarily limited to actions and words as there is no way to know an individuals thoughts or motivation. As a result, ethical assessments will have an emphasis on actions and outcomes.
Intercontinental bank plc.
Ethical Decision Making is the processes of choosing the best alternative for achieving the best results or outcomes compliance with individual and social values, moral, and regulations.
Ethical decision occur on the following levels:IndividualOrganizationalBusiness system
Some recommended books for learning about business ethics include "Ethics 101: What Every Leader Needs to Know" by John C. Maxwell, "Business Ethics: Ethical Decision Making & Cases" by O. C. Ferrell and John Fraedrich, and "Principles of Business Ethics" by George F. Chryssides and John H. Kaler. These books provide insight into principles, case studies, and ethical decision-making in a business context.
Ethical Leadership can be evaluated on the of ethical decision making, ethical communication and ethical team building.