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In business ethics, Ethical decision-making is the study of the process of making decisions that engender trust, and thus indicate responsibility, fairness and caring to an individual. To be ethical, one has to demonstrate respect, and responsibility. [ 1 ]
Ethics is concerned with the kinds of values and morals an individual or a society finds desirable or appropriate. Furthermore, ethics is concerned with the virtuousness of individuals and their motives. A leader's choices are also influenced by their moral development. [3]
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]
The philosophy of business considers the fundamental principles that underlie the formation and operation of a business enterprise; the nature and purpose of a business, and the moral obligations that pertain to it.
Le grand docteur sophiste, 1886 illustration of Gargantua by Albert Robida, expressing mockery of his casuist education. Casuistry (/ ˈ k æ zj u ɪ s t r i / KAZ-ew-iss-tree) is a process of reasoning that seeks to resolve moral problems by extracting or extending abstract rules from a particular case, and reapplying those rules to new instances. [1]
Budget carrier Spirit Airlines filed for bankruptcy this week, stoking concern about how the financial peril of a low-fare option could impact prices across the industry. The Florida-based company ...
The emblem of the dolphin and anchor which has been used since Roman times to illustrate the adage. This example is the printer's mark of Aldus.. Festina lente (Classical Latin: [fɛsˈtiː.naː ˈlɛn.teː]) or speûde bradéōs (σπεῦδε βραδέως, pronounced [spêu̯.de bra.dé.ɔːs]) is a classical adage and oxymoron meaning "make haste slowly" (sometimes rendered in English as ...
Veteran political adviser Philippe Reines joined others in criticizing the modern Democratic Party after recent election losses, saying it has been taken “hostage” by the far left. “The ...