Friday, November 28, 2008

ETHICAL BUSINESS

Business Ethics is applied ethics in the day to day operations of the business.

It is the on the court application of our understanding or what is good and right to that assortment of institutions, technologies,transactions,activities and pursuits that we call BUSINESS.

Although ethics may be the best policy, the ethical course of aciton is not always clear.

We will try to explore this issue in details through the various series of blog postings in the coming days. The purpose is not to give moral advice but to provide a deeper knowledge of the nature of ethical principles and concepts and an understanding of how these apply to the ethical problems encountered in business.

This kind of knowledge and understanding will help managers in charge to see their way through the various ethical dilemmas that one confronts in our business life.

REFERENCE BOOK:

BUSINESS ETHICS - Concepts and Cases by Manuel G. Velaszquez

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