BSM 100 Lecture Notes - Lecture 12: Massage, Customer Relationship Management, Canadian Tire

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When all is said and done, all choices and actions have definite ethical implications f. An individual"s ethical beliefs are influenced by his or hers social group and culture t. The best approach to ethical decision-making is to rely on relative standards rather than universal standards f (never relative, ethics are universal standards) Managers of socially responsible companies are guaranteed to make ethical decisions regardless of the situation f (there is no guarantee) The obligation of a business organization to contribute to society. A company with international operations relies on universal ethical standards to guide it. 9. with which of the following: decision-making across a broad spectrum of issues (wrong) all decision-making because ethical standards should never vary from one operations. If a firm"s assets = and its liabilities = . What we own or what we do with the funds.

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