COMMERCE 4BE3 Lecture Notes - Lecture 2: Business Ethics, Global Commons, Organizational Culture
29 Oct 2017
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Accepted principles of right or wrong that govern the conduct of a person, the members of a profession or the actions of an organization. Yes as economic progress from fdi can lead to pressure for democratization. A phenomenon where a resource held in common by all but owned by no one is overused by individuals leading to its degradation. Corporations moving production to locations where there are no emission controls will harm valuable global commons. Convention on combating bribery of foreign public officials in international business transactions. Situations in which none of the available alternatives seem ethically responsible. i. e. find out your supplier uses 12 year old labor ask them to stop and 12 year old will starve. A moral compass/ ethical algorithm will help guide us through such an ethical dilemma to find an acceptable solution: what are the components of a strong business ethic, personal ethics: strong personal ethics business ethics.
