Business Ethics: moral guidelines for the conduct of business based on notions of what is right, wrong and fair. Most business people rely upon their own consciences in making business decisions, falling back upon their own moral and religious backgrounds for guidance. However, business people are also affected by their superiors and immediate colleagues when making business decisions and may feel pressurized to behave unethically when seeking to make profits. Over recent years many firms and industries have attempted to develop codes of conduct which can be used to guide managers when making decisions.
SOURCE: Collins Dictionary of Business (2006).
Retrieved from Credo Reference
Center for the Study of Ethics in the Professions : Excellent site for finding professional codes, guides to writing codes of ethics, bibliography of additional sources and more
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