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Business Ethics

A company’s ethics will have an influence on all levels of business. It will influence all who interact with the ... Show more
Instructor
Nobles Center
188 Students enrolled
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A company’s ethics will determine its reputation. Good business ethics are essential for the long-term success of an organization. Implementing an ethical program will foster a successful company culture and increase profitability. Developing a business ethics program takes time and effort, but doing so will do more than improve business, it will change lives.

A company’s ethics will have an influence on all levels of business. It will influence all who interact with the company, including customers, employees, suppliers, competitors, etc. All of these groups will have an effect on the way a company’s ethics are developed. Understanding and maintaining ethics is a very important part of doing business today.

Learning Objectives

A company’s ethics will determine its reputation.
Good business ethics are essential for the long-term success of an organization.
Implementing an ethical program will foster a successful company culture and increase profitability.
Developing a business ethics program takes time and effort, but doing so will do more than improve business, it will change lives.
A company’s ethics will have an influence on all levels of business.
It will influence all who interact with the company, including customers, employees, suppliers, competitors, etc.
All of these groups will have an effect on the way a company’s ethics are developed.
Understanding and maintaining ethics is a very important part of doing business today.

Curriculum

10h

What is Ethics? 

Ethics refers to the principles and standards that govern behavior, guiding individuals and organizations in making moral decisions. It involves discerning right from wrong, promoting integrity, fairness, and accountability.  

Implementing Ethics in the Workplace 

Implementing ethics in the workplace involves establishing a clear code of conduct, providing training, promoting open communication, and encouraging ethical behavior. This fosters a culture of integrity, trust, and accountability among employees.

Employer/Employee Rights 

Employer/employee rights refer to the legal and ethical entitlements within the workplace. Employers have rights to set policies and manage operations, while employees are entitled to fair treatment, safety, and non-discrimination.

Business & Social Responsibilites 

Business and social responsibilities involve a company's commitment to ethical practices, sustainability, and community welfare. This encompasses balancing profit-making with positive societal impacts, fostering trust, and enhancing corporate reputation.

Ethical Decisions 

Ethical decisions involve evaluating options based on moral principles, considering the impact on stakeholders, and choosing actions that align with values like honesty, integrity, and fairness to promote trust and accountability.

Whistle Blowing 

Whistleblowing involves reporting unethical, illegal, or harmful practices within an organization. It serves as a mechanism for accountability, promoting transparency and ethical behavior, while protecting whistleblowers from retaliation and ensuring their safety.

Managerial Ethics 

Managerial ethics refers to the moral principles guiding decision-making and behavior in management. It involves balancing stakeholder interests, promoting fairness, and fostering a culture of integrity while achieving organizational goals.

Unethical Behavior 

Unethical behavior refers to actions that violate moral principles or professional standards, such as dishonesty, fraud, discrimination, and exploitation. It undermines trust, damages reputations, and can lead to legal consequences and organizational failure.

Ethics in Business (I) 

Ethics in business encompasses the principles and standards guiding behavior in corporate settings. It promotes integrity, transparency, and accountability, fostering trust among stakeholders and enhancing long-term success and sustainability.

Ethics in Business (II) 

Ethics in business II expands on foundational principles, addressing complex issues like corporate governance, compliance, and social responsibility. It emphasizes the importance of ethical leadership in fostering a culture of integrity and respect.

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