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Chapter 2 Notes Emp Sem
Concern for Ethical and Societal Issues
4
Business
11th Grade
10/08/2008
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Term

What are Business ethics?

 Definition
Business ethics are the standards of conduct and moral values governing actions and decisions in the work environment
Term
 What are these things apart of?
                                                              i.      How will a decision affect the environment?
                                                            ii.      How will it affect its customers?
                                                          iii.      Its employees?
 Definition
a.       These issues are part of social responsibility—the philosophies, policies, procedures, and actions that enhance society’s welfare
Term
Tue or false?
Through ethics and social responsibility, businesses find the balance between doing what is right and doing what is profitable
 Definition
true :D :D
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