1 explain why ethics is important in the business


1. Explain why ethics is important in the business environment.

2. Explain the nature of business ethics as an academic discipline.

3. Distinguish ethical norms and values from other business-related norms and values.

4. Distinguish legal responsibilities from ethical responsibilities.

5. Describe a process for ethically responsible decision making.

6. Explain the reasons why "good" people might engage in unethical behavior

7. Explain the ethical framework of utilitarianism.

8. Describe how utilitarian thinking underlies economic and business decision making.

9. Distinguish moral rights from legal rights.

10. Explain how corporate culture impacts ethical decision making.

11. Discuss the differences between a compliance-based culture and a values-based culture.

12. Discuss the role of mission statements and codes in creating an ethical corporate culture.

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Business Management: 1 explain why ethics is important in the business
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