Friday, February 8, 2013

Assignment 1 : Introduction To Business Ethics


Definition Of Business Ethics
Business Ethics is the study of business situations , activities and decisions where issues of right and wrong are addressed.

Why Business Ethics is considered " Oxymoron " ?

Calling "business ethics" an oxymoron rightly recognizes that ethics is a challenge. This much is true. That said, I think that this cliché also betrays a deep error in the way that many think about ethics in business. This error can be costly for business and it should be cleared up once and for all.
Calling "business ethics" an oxymoron conveys the misguided assumption that ethical commitment and conduct have to be 100% in order to be valid. In other words, if you're going to be ethical you have to be a saint. Like being pregnant, being ethical is thought to be an all-or-nothing proposition. Oxymoron also the bringing together of two apparently contradictory concepts like chearful pessimist of deafening silence.

Defination Of Corporate Goverance
Corporate governance involves regulatory and market mechanisms, and the roles and relationships between a company’s management, its board, its shareholders and other stakeholders, and the goals for which the corporation is governed.

Ethical Product Example

Ramly is halal food that have full fill with ethical product.


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