ETHC 3P82 Lecture Notes - Lecture 1: Valeant Pharmaceuticals, Kobe Steel, Retail
23 Sep 2018
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Look at the syllabus for more information. Grade relies heavily upon participation + case overview + group projects. Understanding how should i live? vs. how should we live? . There are two types of standards: moral & non-moral standards. Moral standards are those standards that are ingrained in us to avoid any implications i. e. be kind to others. Non-moral standards are standards that contain no implications but are expected i. e. social etiquette. There are several ways to explain what business ethics refer to but the most general is that it refers to the set of moral principles you would expect a business individual to follow. It depends on the situation, the consumer, the size of the business + reputation etc. The relationships being maintained (b2b vs. b2c) Measures the level of trust in ngos, businesses, media + government. Average level of trust in all four was below 50% 2016 - declined (52% general population; 65% informal population)
