COMMERCE 1E03 Chapter 4: Chapter 4 - Ethics and Social Responsibility
9 Feb 2012
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Document Summary
A society gets in trouble when it considers ethics and legality to be the same. Ethics and legality are two very different things. Ethics reflects people"s proper relations with one another. If revers to laws we have written to protect ourselves from fraud, theft and violence. Ethics: standards of moral behavior; that is, behavior that is accepted by society as right versus wrong. People seem to think that what is right is whatever works best for them, that each person has to work out form themselves the difference between right and wrong. That is the kind of thinking that has led to the recent scandals in government and business. Among sources from many different times and places you"ll find the following moral values: integrity, respect for human life, self-control, honesty, courage and self-sacrifice are right; cheating, cowardice and cruelty are wrong. Golden rule: do unto others as you would have them do unto you.
