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Business ethics play an important role in a company's success or failure. A company has a special obligation to its customers to ensure that its decisions are legal and ethical. Management must set the example of a company's core values. The company will forever be known for how it handles business transactions and how it treats... more »
A business cannot survive without the observation of accounting ethics, particularly if that business is publicly traded and reliant on the evaluation of creditors and investors. Essentially, accounting ethics is a combination of both internal and external guidelines that keep a business from generating inaccurate financial reports or... more »
A customer requesting a refund often leads to tension or conflict with the business owner or representative. This can usually be avoided if the business will proceed with an eye on the big picture and with proper business ethics in mind. Here is a method for calculating a refund that leads to a happy ending for both the customer and... more »
One of the fastest ways to finance your business is by selling equity in your company. This basically means getting money from investors by selling them a part of your company. This can be done in several different ways. Each way has it's benefits and setbacks dependent on how long you have had your business, and how much control of... more »
Whether you are already a manager or hope to be one some day, training in management skills can give you powerful tools to advance your career and strengthen your team. If your employer doesn't offer training on the topics below, see if your local community college has classes that can help you sharpen your management skills. more »
Your business ethics affect every part of your business, from your profit margin to your daily...
While it may seem like overkill, software publishers take their licenses very seriously. Next...
A business graduate who is interested in providing oversight to major corporations while establishing better ethical standards can become a... more »
A business ethics consultant offers your business critical analysis and recommendations to correct potential ethical issues. These consultants... more »
Every business faces the challenge of clear communications during implementation of a business ethics policy. A declaration of principles and... more »
Business ethics is defined as a moral concept, and constitutes a complex issue that continues to be debated throughout the business world.... more »
Your management team is an important tool in your company's effort to maintain a high ethical standard. Managers have close relationships with... more »
Business ethics is a form of applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and business organizations as a whole. Applied ethics is a field of ethics that deals with ethical questions in many fields such as medical, technical, legal and business ethics.
In the increasingly conscience-focused marketplaces of the 21st century, the demand for more ethical business processes and actions (known as ethicism) is increasing. Simultaneously, pressure is applied on industry to improve business ethics through new public initiatives and laws (e.g. higher UK road tax for higher-emission vehicles). Businesses can often attain short-term gains by acting in an unethical fashion; however, such behaviours tend to undermine the economy over time.
Business ethics can be both a normative and a descriptive discipline. As a corporate practice and a career specialization, the field is primarily normative. In academia descriptive approaches are also taken. The range and quantity of business ethical issues reflects the degree to which business is perceived to be at odds with non-economic social values. Historically, interest in business ethics accelerated dramatically during the 1980s and 1990s, both within major corporations and within academia. For example, today most major corporate websites lay emphasis on commitment to promoting non-economic social values under a variety of headings (e.g. ethics codes, social responsibility charters). In some cases, corporations have redefined their core values in the light of business ethical considerations (e.g. BPs "beyond petroleum" environmental tilt).
Overview of issues in business ethics
General business ethics
* This part of business ethics overlaps with the philosophy of business, one of the aims of which is to determine the fundamental purposes of a company. read more at » http://en.wikipedia.org/wiki/Business+ethics
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