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Business Ethics
Learn the various factors affecting ethical behavior by companies and their stakeholders.
Magnifi Group
Updated Oct 06, 2024
What you'll learn
- Describe the rationale for business ethics.
- Describe the various factors affecting ethical behavior by companies and their stakeholders.
- Understand the principles of ethical behavior and the distinctions between ethical behavior and legal behavior.
- Describe the need for a code of business ethics in a business organization.
- Understand how the actions of individuals within the business organization affect the business's ethical behavior.
Course Description
Businesses and corporations of many types have been found to be deficient in their ethical behavior toward stakeholders (employees, customers, competitors, and regulators) in the past few years. These lapses—or, in some cases, outright criminal acts—have provoked reactions from the public and the government. New laws and regulations have been adopted, and some companies have completely disappeared, due to their unethical or illegal behavior. This course examines the origins of ethical behavior, the justification for positive business ethics, and how individuals' actions affect the ethical behavior of businesses.
