BSB111 Study Guide - Final Guide: Implied Warranty, Contract, Supreme Court Of Newfoundland And Labrador
Document Summary
Bsb 111 business law and ethics notes. Concerned with how we behave or should behave. Theories that describe the right way to make a decision. Business ethics refers to the conduct of parties in business. Morality is concerned with social practices defining right or wrong. Ethics is concerned with the theory as to why something is right or wrong. Ethical theory and moral philosophy point to reflection on the nature and justification of right actions . Personal morality: ethics requires reference to external sources (objective) in order to justify actions. If only purely personal (subjective) morals were considered, acts such as terrorism might be ethically justified because the offender personally believed they were doing the right thing. In business, these individuals will be guided by company policies, codes of conduct, and the law. Approaches to the study of ethics: terms to describe different focuses of study:
