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    variables considered by Business Ethics

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    Go to The Business Ethics Awards at www.business-ethics.com/100best.htm Read about the "100 Best Corporate Citizens" and "The Methodology" used to select the winners. Based on your reading answer the following questions:

    What are some of the variables considered by Business Ethics in coming up with its list of 100 Best Corporate Citizens?

    Do you agree with these variables? What, if anything, should be added or deleted and why?

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    Business ethics is a form of applied ethics that examines ethical rules and principles within a commercial context; the various moral or ethical problems that can arise in a business setting; and any special duties or obligations that apply to persons who are engaged in commerce." Generally speaking, business ethics is a normative discipline, whereby particular ethical standards are assumed and then applied. It makes specific judgments about what is right or wrong, which is to say, it makes claims about what ought to be done or what ought not to be done. While there are some exceptions, business ethicists are usually less concerned with the foundations of ethics, or with justifying the most basic ethical principles, and are more concerned with practical problems and applications, and any specific duties that might apply to business relationships.

    This part of business ethics overlaps with the philosophy of business, one of the aims of which is to determine the fundamental purposes of a company. If a company's main purpose is to maximize the returns to its shareholders, then it could be seen as unethical for a company to consider the interests and rights of anyone else. Professional ethics covers the myriad of practical ethical problems and phenomena which arise out of specific functional areas of companies or in relation to recognized business professions.



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    Solution Summary

    What are some of the variables considered by Business Ethics in coming up with its list of 100 Best Corporate Citizens?