By Lisa Newton
The booklet tracks the increase of commercial Ethics as a self-discipline within the usa via a assessment of the fundamental understandings of the function of industrial practices within the operations of society, starting with Aristotle and continuing to a assessment of the formative options and situations within the background of yank business.
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Additional info for Business Ethics in the Social Context: Law, Profits, and the Evolving Moral Practice of Business
First, less troublesomely, there is the ancient prejudice in favor of your relatives and your friends; second, more seriously, there is the ingrained prejudice against certain power minorities (groups which, while not necessarily numerically a minority in the employment situation or region, have traditionally not held decision making power. ’’) We will take these on in order. A pattern of hiring your relatives is called nepotism (from the Greek word for ‘‘nephew’’: presumably, your brother has put pressure on you to hire his son).
Employee welfare: The corporation shall protect the health and safety of the employees, and maintain a healthy and accident-free workplace. 4. Employee dignity: The corporation shall maintain a workplace that protects and nurtures dignity, free from physical or psychological harassment, free from degrading stereotypes. 5. Employee Integrity: The corporation shall provide channels through which employees may question and criticize company decisions and policy. In Chap. 3: The corporation satisfies its duties to its external constituencies– customers, suppliers, local communities, national and international audiences, and the natural world itself–by providing excellent goods and services, by representing itself and its products honestly, by cooperating with civil authorities at all levels and in all places, and by cherishing the natural world as the condition for all human enterprises.
The good opinion of the neighbors, especially of social peers and friends, has always been a powerful impetus to good conduct. Laws are not needed where continuing interaction with members of the same country club, alumni of the same schools, and members of the same church, serve as reminders of the expectations of the community. The second answer, subject of much of the ‘‘Business Ethics’’ academic literature, is that those corporations continue to have, and exercise, moral responsibility in the community, but that it is not the place of Marxists or academics (or Marxist academics) to tell the corporations what the moral obligations actually are.
Business Ethics in the Social Context: Law, Profits, and the Evolving Moral Practice of Business by Lisa Newton