ECO 2147 Lecture 1: Lecture 1 Business Ethics 03-09-2014.docx
6 Oct 2014
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Business: is whenever you offer a product or service to another. Many people hate their lives and their jobs. They make their own choices, and when many times one has the freedom to make their choices, it turns out bad. Goal: to have a successful life and business while understanding what business is. You don"t want to end up with a meaningless life. This cost businesses a lot of money since there is: Law vs ethics where law is about what we can and cannot do. Ethics is about what we should/should not do. Rights exist whether you want them or not. Fallacy: a mistaken belief, especially one based on unsound argument. The assumption that because things are a certain way, they should be that way. 2nd assumption: just because something is not now occurring, it means it should not occur. Status quo should be maintained simply for its own sake.
