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Enviado por   •  13 de Junio de 2013  •  655 Palabras (3 Páginas)  •  233 Visitas

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Ethics refers to the acceptable principles of right or wrong with which the conduct of an individual, professionals, or acts of an organization are governed in society. Ethics is considered the pillars of the coexistence and transparent work. Society knows that a company must comply with a number of rules and standards to operate in the business world and compete in different categories.

Morality is the most important principle behind any action or decision an individual or an organization makes. A company must follow the rule and regulation in an ethical and moral attitude to stay in business. Ethics is a key principle in an individual professional field.

In today’s business world every company has a moral responsibility with its stakeholders and with the society to serve as a partner and take a role of leadership and example for those who thrive in that environment; these are the moral principles that define the human quality.

Ethics in business is considered to be an application. It is an adaptation of the ethical principles of human activity, carried out to generate income and be economically stable business.

Ethical principles in business deals with the understanding of an individual or the community to establish and to able to distinguish what is considered good and valid for the community. To understand the role of ethics in business one must first understand the meaning of what is good/ right, and proceed to discuss these concepts in terms of productivity.

Ethical behavior generates the good reputation of an organization. Therefore, an ethical organization extends the opportunity to retain customers and generate revenue to make a profitable business enterprise. To understand the role of business ethics, one must understand the meaning of what is good and right, and proceed to analyze these concepts in terms of productivity. Ethical behavior generates the good reputation of an organization. It is the behavior that extends the opportunity companies build customer loyalty and generate revenue for the company profitable.

Ethics is the principle that provides guidance to help the individual member of an organization to make choices that balance the economic interests and the responsibilities of the company. Business ethics is defines as the study of how personal moral norms apply to the activities and goals of the business enterprise. Business ethics is not separate from moral standard, but it is the study of how the business world presents its own problems, it also indicates that it is supported by three pillars, which are essential in making administrative decisions. The choice about what laws should be followed and whether they should or not.

Ethical reasoning helps individuals to classify the opinions and conflicting information to solve the ethical dilemmas that arise. For the development of ethical reasoning that the individual must be educated and

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