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The minimal acceptable standard for ethical behavior is compliance with the law?
While compliance with the law is important, it sets a baseline for behavior. True ethical behavior goes beyond legal requirements and involves doing what is right, fair, and just. Ethics guide individuals to make decisions based on values, integrity, and principles, even when laws might not explicitly address a situation.
Is the practice of applying critical thinking skills based on Army Values?
Ethical reasoning
What is the difference between laws and ethical standards?
Laws are rules set and enforced by authority, typically a government, with consequences for non-compliance. Ethical standards are principles or values that guide behavior and decisions based on moral beliefs or societal norms, but are not necessarily enforceable by law. Laws provide a legal framework for society, while ethical standards provide a moral compass.
What is the three-pronged approach to ethics and social responsibility?
The three-pronged approach to ethics and social responsibility typically involves three key components: ethical principles, stakeholder considerations, and compliance with legal standards. Ethical principles guide decision-making based on values such as honesty, integrity, and fairness. Stakeholder considerations focus on the impact of decisions on various groups, including employees, customers, and the community. Compliance with legal standards ensures that organizations operate within the law while promoting ethical behavior and social accountability.
Are moral and ethical the same when it comes to decision-making?
While moral and ethical are related, they are not the same when it comes to decision-making. Morality is often based on personal beliefs and values, while ethics are more about societal standards and rules. Making decisions that are both moral and ethical involves considering both personal values and societal norms.
What are the ethical issues of using a questionnaire?
There are no ethical concerns unless its causing hindrance or not sanctioned by the party which is being surveyed. The only ethical issues are compliance with the policy of the organization and consent of the parties involved while conducting the questionnaire based research. One can hire control groups to check the effectiveness of the survey on the chosen sample
What is the definition of ethical trading?
Ethical trading, also known as ethical investing or socially responsible investing (SRI), involves making investment decisions based on both financial return and ethical considerations. This approach seeks to support companies that adhere to responsible business practices and align with the investor's values.
What does it mean to follow ethical principles?
Following ethical principles means making decisions and taking actions that are morally right and just, based on a set of values and standards that guide behavior towards what is considered good and fair.
Is Illovo sugar a compliance-based or integrity-based code of ethics business?
I think they are an integrity based , ethics business. The employees, management, executive and non-=executive all have a very strong sense of moral and ethical behaviour. they are treated as heroes, and their stories get told.
What is holy values?
holy values-peak of human existence..
What is the difference between ethical and moral decision-making?
Ethical decision-making is based on a set of principles or guidelines that are generally accepted by society, while moral decision-making is based on an individual's personal beliefs or values. Ethical decisions are often influenced by external factors such as laws or professional codes of conduct, while moral decisions are more subjective and can vary from person to person.
What is ethical?
ethical: right and wrong; having to do with morals, values, and requiring a prescription for purchase. sentence: new developments in medicine often lead to discussions of important ethical questions.
