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Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]
Supererogation (Late Latin: supererogatio "payment beyond what is needed or asked", from super "beyond" and erogare "to pay out, expend", itself from ex "out" and rogare "to ask") is the performance of more than is asked for; the action of doing more than duty requires. [1]
The function of developing and implementing business ethics in an organization is difficult. Due to each organization's culture and atmosphere being different, there is no clear or specific way to implement a code of ethics in an existing business. Business ethics implementation can be categorized into two groups; formal and informal measures.
Examples popularized by comedian George Carlin in 1975 include "military intelligence" (a play on the lexical meanings of the term "intelligence", implying that "military" inherently excludes the presence of "intelligence") and "business ethics" (similarly implying that the mutual exclusion of the two terms is evident or commonly understood ...
One example illustrating this concept is the trolley problem. Morality and ethical theory allows for judging relative costs, so in the case when a harm to be inflicted in violating #1 is negligible and the harm prevented or benefit gained in #2–4 is substantial, then it may be acceptable to cause one harm to gain another benefit.
A business may approach a professional engineer to certify the safety of a project which is not safe. While one engineer may refuse to certify the project on moral grounds, the business may find a less scrupulous engineer who will be prepared to certify the project for a bribe, thus saving the business the expense of redesigning.
By Max Nisen It's easy to look at successful people and explain their achievements as the product of luck - being in the right place at the right time or being born with extraordinary talent.
By way of example, the Coop Group refuses to invest money in tobacco, fur and any countries with oppressive regimes. Over the past few years ethical marketing has become a more important part of marketing with many university courses adding modules on the importance of ethics within the industry, trade bodies such ss the ICC have also added ...