Business Ethics A Company s Attitude And Conduct Toward...

Business Ethics Business ethics can be thought of as a company’s attitude and conduct toward its employees, customers, community, and stockholders. Companies benefit from having good reputations and are penalized by having bad ones; the same is true for individuals. In this writing I will try to define Business Ethics and the history of it besides how Ethics can have effect on a given organizations reputation and also to provide real world examples to support these given views and which forms it is taking along to financial implications of those, as well as when was Business Ethics was focused by highlighting in which forms this was accomplished. When the terms of â€Å"Business Ethics† comes across my path prior to going back to the credible and reliable resources I think about trust between parties, good deeds, and to a wide extend adherence to laws. The dictionary of Investopedia website defines Business Ethics as â€Å"The study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities. Business ethics are often guided by law, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance.† Kirk O. Hanson, executive director of the Markkula Center for Applied Ethics at Santa Clara University is defining Business Ethics as: Business Ethics is the study of standards ofShow MoreRelatedDo you agree with Milton Friedman’s (1970) claim that :  « the only responsibility of business is to increase its profits  » ?2913 Words   |  12 PagesMilton Friedman’s (1970) claim that  :  «Ã‚  the only responsibility of business is to increase its profits  Ã‚ »Ã‚  ? 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