BUL 4421 Lecture Notes - Lecture 2: Parking Meter, Business Ethics, Making False Statements
Document Summary
All law may not be ethical or some ethical may not be legal. Medical marihuana is ethical but it"s illegal. Ending someone"s life who"s in suffer it"s illegal but ethic. Nazis: it was a law to tell where the jewish where, but it was unethical. Knowing what weather an action is fair, right or just. Application of moral principles and values to behavior. Business ethics is the application of moral principles and values to situations that arise in. Forums where ethical lapses are addressed: professional liability: loss of license to practice in certain profession, civil liability: initiated by harmed individual or administrative agencies such as the sec, criminal culpability: initiated by law enforce,net and/or prosecutors. In many instances one knows wether a given action is legal (firing someone because of their race is illegal) In other instances the legality of a course of action is not as clear creating a grey area.
