BEINDP 201 Lecture Notes - Lecture 1: Caveat Emptor, Whistleblower, Economic Model
14 Nov 2016
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Document Summary
Business ethics is the application of moral standards to business situations. Three general sets of factors appear to influence standards of behavior in an organization. Sarbanes-oxley act of 2002 provides sweeping new legal protection for employees who report corporate misconduct. Exert pressure on members to stop engaging in questionable business practices. Code of ethics: a written guide to acceptable and ethical behavior as defined by an organization. Whistleblowing is informing the press or government officials about unethical practices within an organization. Identify the best option from your point of view. The recognition that business activities have an impact on society and the consideration of that impact in business decision making: economic model, socioeconomic model. In the first quarter of the 20th century, there were very few government protections for workers or consumers. The collapse of the stock market, which triggered gd, lead to pressure for the govt to help with economy and social conditions.
