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  • A. Changing views on what is good business
  • B. The promotion of free business environment
  • C. Factors managers should consider in making decisions
  • D. Relations between laws and ethics
  • E. Ethics, a force in directing one’s action
  • F. Harmful business activities totally prohibited
  • G. The scope of business ethics
    ETHICAL BEHAVIOUR
    Ethics is a collection of moral principles and rules of Ethics guides behaviour based on beliefs about what is right and wrong. The source of these beliefs may be tradition, religion, or reasoned judgements about what is best for the individual and society as a whole. Business ethics is the group of rules of conduct applied specifically to business activities.

Managers must consider the potential effects their decisions on the people and companies directly involved with the business operation: customers, suppliers, competitors, employees, investors, and creditors. In addition, managers must consider--and try to control the possible effects of their decisions on the community at large.()

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F
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