Business and Organizational Ethics: Ethical Decision Making
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Business ethics studies the moral and ethical problems that arise in a professional setting. It also examines the moral values and standards that govern the conduct of individuals and organizations. Its implementation is subject to the presence of a framework of corporate policies, sustainability initiatives and the appointment of ethics officers. It can be applied in a functional capacity in the domains of finance, human resource management, production, sales and marketing and intellectual property, among others. Organizational ethics refers to the way an organization responds to an external or internal stimulus. A code of organizational ethics serves to guide and unite an organization in all its policies, programs and decisions. The creation of an ethical culture in an organizational space is subject to the drafting of an ethical code of standards, training, availability of ethical counsel and reporting systems that are confidential. This book is a valuable compilation of topics, ranging from the basic to the most complex theories and principles in the field of business and organizational ethics. It explores all the important aspects of this field in the present day scenario. This textbook, with its detailed analyses and data, will prove immensely beneficial to professionals and students involved in this area at various levels.
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