Question
In the readings this week, there is a discussion on ethics and business practices. Specifically, some companies, like H&M, Microsoft, Mars, LinkedIn, and Aflac, are
In the readings this week, there is a discussion on ethics and business practices. Specifically, some companies, like H&M, Microsoft, Mars, LinkedIn, and Aflac, are known for their ethical business practices. Other companies such as Theranos (which is out of business), or Siemens and Wells Fargo (which have been totally restructured), repeatedly engaged in unethical and illegal business activities.
There are four main determinants of ethics among people, employees, companies, and countries:
- societal ethics,
- occupational ethics,
- individual ethics, and
- organizational ethics?especially the ethics of a company's top managers.
The Sources of Ethics Figure 4.4 on page 106 of your VitalSource textbook illustrates the influences on business ethics.
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