Ethical Principles in Business
Not what you're looking for?
List two (2) "ethical" principles in business that are quite clearly not part of the legal system and explain why these principles should or should not be made into law.
Note: Country I am from is Australia.
Purchase this Solution
Solution Summary
Two paragraphs address ethical principles in Australia.
Solution Preview
Two key ethical principles that every organization must follow and that are not part of the legal system in Australia can be (i) sincerity, and (ii) professionalism. Because there is no formal definition of sincerity, it is hard to see how this basic ethical principle can be formulated into any law. Sincerity is honesty, integrity and keeping the promise. A business firm that follows the principle of maintaining sincerity towards its customers, while it may ...
Purchase this Solution
Free BrainMass Quizzes
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Operations Management
This quiz tests a student's knowledge about Operations Management
Motivation
This tests some key elements of major motivation theories.
Lean your Process
This quiz will help you understand the basic concepts of Lean.