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International Journal of Advanced Engineering, Management and Science

Business Ethics: Tool for Sustainable Business

( Vol-2,Issue-12,December 2016 )

Author(s): Amol Deepak Nerkar

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Page No: 2179-2181
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Ethics, Right, Wrong, Business Ethics, Legal, Moral, Individual.


Ethics involves learning what is right or wrong, and then doing the right thing- but "the right thing" is not nearly as straightforward as conveyed in a great deal of business ethics literature. Most ethical dilemmas in the workplace are not so a simplematter. Philosophers have been discussing ethics for at least 2500 years, since the time of Socrates and Plato. Many ethicists consider emerging ethical beliefs to be "state of the art" legal matters, i.e., what becomes an ethical guideline today is often translated to a law, regulation or rule tomorrow. Values which guide how we ought to behave are considered moral values, e.g., values such as respect, honesty, fairness, responsibility, etc. Statements around how these values are applied are sometimes called moral or ethical principles. Many ethicists assert there's always a right thing to do based on moral principle.and others believe the right thing to do depends on the situation -- ultimately it's up to the individual.

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