Ethics: Acceptable Business Behavior
Ethics have been defined in the business world as the acceptable behavior of a given entity in a given society. Terms such as "in Rome do as the Romans do" are an acceptable business behavior, which has led some companies, stockholders and stake holders to ruin. (I work in the automotive industry-Tower International)
- Does your company have a code of ethics?
- Characterize your organization's code of ethics.
- List some reasons why a code of ethics exists.
- Explain the roles of emotion and fairness in decision making.
- Apply critical thinking skills to analyze business situations.
- Recognize situations that present potential legal and ethical issues and develop solutions for those issues.
