Textbook Notes (367,823)
Canada (161,434)
Administration (1,247)
ADM1301 (73)
Chapter 5

ADM1301 Chapter 5 Textbook Notes

1 Page
88 Views
Unlock Document

Department
Administration
Course
ADM1301
Professor
John Palmer
Semester
Fall

Description
Chapter 5: Ethics of Business: The Theoretical Basis 5.1 – Introducing the Ethics of Business  Ethics has always been a concern for society, and businesses are no different.  To some extent this has been the result of the traditional view of free enterprise system. o Alleging that profits are the only motivating force for business o Business activity requires and rewards deception o Business innovations the law o Businesspersons and managers manipulate others o Business leads to materialism Business ethics is difficult to define, as it is apparently means different things to different managers. 5.2 – Assessment of Ethical Implications in Business Decisions  The three levels of assessing ethical implications are: awareness, assessment based upon influences, and assessment based upon ethical principles.  Managers with a moral approach to us thanks disregard all moral responsibilities when making decisions.  In order to assess ethical implications there must be an awareness of ethics.
More Less

Related notes for ADM1301

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit