BUS 346 Chapter Notes - Chapter 4: Our Common Future, Wced, Carbon Footprint

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Ethnics, ethical behaviour, ethical dilemmas, and codes of ethnics. Ethnics moral obligaion to separate right from wrong. Moral principles/values that deines right or wrong for person or group. Ethical behaviour personal behaviour in accordance with guidelines for good conduct or morality. Ethical conduct is not a guaranteed formula for proits/sustainability, lack of ethical behaviour in light of social scruiny is a recipe for failure. Ethical dilemma situaion where moral imperaives are in conlict, there is no right or wrong decision. Process of moral judgement on appropriateness/inappropriateness of some acion, acivity, or decision of an insituion and/or individual, with appreciaion of basic moral standards and informaion about facts concerning the acions which are the subject of discussion. Individual may have 2 choices, neither of which resolves the situaion in ethically acceptable way or situaion in which any possible resoluion is morally intolerable.

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