Intro to Business › Section B · Ethics and social responsibility › Topic B.1

Understanding business ethics

Every day, people at work face choices that the law alone does not settle: how much to tell a customer, whether to round up an expense claim, who should bear the cost of a cutback. Business ethics gives them ways to recognise these dilemmas and reason through them.

In this topic

  • Ethics and ethical issues
  • Legal is not the same as ethical
  • Recognising unethical activities
  • Worked example: naming the violation
  • Utilitarianism: judging by consequences
  • Duties and rights
  • Justice and virtue
  • Worked example: a cutback through four lenses
  • Common ethical issues at work
  • Common mistakes to avoid
  • Key takeaways

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