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    Ethics in Business

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    In 200 words:

    Define ethics.
    Discuss the difference between law and ethics in business. Evaluate organizational influences on ethical ground rules and values.

    Define business ethics.
    Is it possible that something unethical is not illegal? Give an example of an unethical behavior that does not break the law.
    How can a company enforce these ethical guidelines without the legal system to back them up?

    © BrainMass Inc. brainmass.com October 9, 2019, 11:00 pm ad1c9bdddf
    https://brainmass.com/business/business-law/difference-between-law-ethics-business-240671

    Solution Preview

    The field of ethics, also called moral philosophy, involves systematizing, defending, and recommending concepts of right and wrong behaviour. Ethics should always be included in the corporate planning process. The corporate scandals in recent years have highlighted the need for development of corporate and legal ...

    Solution Summary

    This solution defines ethics and discusses the difference between law and ethics in business. The solution further evaluates organizational influences on ethical ground rules and values.

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