ETHC 3P82 Lecture Notes - Lecture 1: Stakeholder Theory, United States Sentencing Commission, Triple Bottom Line
24 Aug 2016
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Ethics is, in this sense, practical, having to do with how we act, choose, behave, do things. Philosophers often emphasize that ethics is normative, in that it deals with our reasoning about how we should act rather than how they do act. How should i act: this pertains to personal responsibility. In the second sense, how should we live? refers to how we live together in a community: this pertains to social responsibility. The study of business situations, activities, and decisions where issues of right and wrong are addressed crane and matten, 2010. The study of what constitutes right and wrong, or good and bad, human conduct in the workplace shaw and barry, 2013. A specialized study of moral right and wrong that focuses on business institutions, organizations, and activities velasquez, 2012. Business ethics is a process of responsible decision-making.
