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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.
A code of practice is adopted by a profession (or by a governmental or non-governmental organization) to regulate that profession. A code of practice may be styled as a code of professional responsibility, which will discuss difficult issues and difficult decisions that will often need to be made, and then provide a clear account of what behavior is considered "ethical" or "correct" or "right ...
Axiological ethics is a subfield of ethics examining the nature and role of values from a moral perspective, with particular interest in determining which ends are worth pursuing. [ 115 ] The ethical theory of consequentialism combines the perspectives of ethics and value theory, asserting that the rightness of an action depends on the value of ...
For example, imprisonment can result from conflict with social norms that the state has established as law. Furthermore, cultural values can be expressed at a global level through institutions participating in the global economy. For example, values important to global governance can include leadership, legitimacy, and efficiency.
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Instead, he meant the ratio of value (or 'worth') that exist between products of human labour. These relationships can be expressed by the relative replacement costs of products as labour hours worked. The more labour it costs to make a product, the more it is worth and inversely the less labour it costs to make a product, the less it is worth.
Moral Mazes: The World of Corporate Managers is a 1988 book by sociologist Robert Jackall that investigates the world of corporate managers in the United States.. In the introduction, Jackall writes that he "went into these organizations to study how bureaucracy—the prevailing organizational form of our society—shapes moral consciousness" [1] and that the book is "an interpretive ...
For the bears, Tesla's gross profit margin of 18.2% fell shy of estimates for 18.8%. The figure represented another continued decline from the fourth quarter 2022 peak of 24%.