Introduction Ethics is, first of all, a way of thinking; it also is matter of Ethos, participation in a community, a practice, a way of life. Business Ethics is a function of the business ethos. Ethical orientation is not simply a formulation of ideas, but a practice undertaken with understanding management. Holmes (2002) considers ethics as the study of morality through different approaches such as moral philosophy or moral legalism. Moral philosophy takes into account the …
showed first 75 words of 1236 total

showed last 75 words of 1236 total
…is ultimately no more than considering oneself and one's company as citizens of the business community and of the larger society. All of these ethics mention the human nature of doing what is right or moral, regardless of the cultural definitions of values. Both in the long and short run ethical thinking is essential to strategic planning. There is nothing unethical about making money, but money is not the currency of ethical thinking in business.