Define business ethics and explain why it matters


Assignment task: Choose a company that has been in the news for both an ethical violation and an ethical success (do not use two different companies, both examples must come from the same organization). Share two reference articles which describe the positive and negative ethical aspects of the organization. Answer the following questions:

- Define "business ethics" and explain why it matters.

- What are ethics? What are they not?

- What is the difference between business law and business ethics? How do they intersect?

- What did you find interesting about the ethical position of this organization? Summarize the ethical "win" and ethical "loss" of the company.

- Did the ethical violation lead to any legal action? In your opinion, should it have?

- What has been the impact of the ethical position of this organization, both negative and positive?

- Why do you personally feel that organizations struggle to maintain a high ethical/moral standard?

- Did this information change your view of the organization? Explain.

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Business Law and Ethics: Define business ethics and explain why it matters
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