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Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment.
There are at least four elements that aim to create an ethical culture and behavior of employees within an organization. These elements are: a written code of ethics and standards (ethical code) ethics training for executives, managers, and employees; the availability of ethical situational advice (i.e. advice lines or offices)
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 ]
The Four Cardinal Principles are also referred to as the fundamental principles of conduct, or four social bonds. They are derived from the Legalist text Guanzi, attributed to the Qi philosopher Guan Zhong, although it is unlikely he was the actual author. The Four Cardinal Principles can be understood as the following:
Ethics is the philosophical study of moral phenomena. Also called moral philosophy, it investigates normative questions about what people ought to do or which behavior is morally right. Its main branches include normative ethics, applied ethics, and metaethics. Normative ethics aims to find general principles that govern how people should act.
[1] [2] [3] The Four Cardinal Principles were one of Deng's Two Basic Points, the other of which was the Chinese economic reform. [4] The principles include: [3] The principle of upholding the socialist path; The principle of upholding the people's democratic dictatorship; The principle of upholding the leadership of the Chinese Communist Party ...
Principlism is an applied ethics approach to the examination of moral dilemmas centering the application of certain ethical principles. This approach to ethical decision-making has been prevalently adopted in various professional fields, largely because it sidesteps complex debates in moral philosophy at the theoretical level.
Contemporary utilitarian philosopher Peter Singer has said that the Methods "is simply the best book on ethics ever written." [3] The main aim of the book is to provide a systematic account of the principles of commonsense morality. The three general methods of making ethical choices commonly used in ordinary morality are intuitionism ...