Fundamentals for Success in Business - D072: Comprehensive Overview

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Fundamentals for Success in Business - D072: Comprehensive Overview Ethics ✔✔A system of moral principles. The principles of right and wrong that guide an individual in making decisions Legal ... ✔✔Permitted by law. An act that is permissible or in conformity with the law of the land Legal and Ethical (legal-ethical) ✔✔When the law and personal or organization are in concordance with each other Legal and Unethical (legal-unethical) ✔✔Dilemma in which stablished laws are not in accordance or do not uphold the ethical choice Illegal and Ethical (illegal-ethical) ✔✔Dilemma in which ethical choice would be in violation of stablished laws Scenarios: Legal and Unethical (legal-unethical) ✔✔I: As the outsourcing movement has grown, so have accompanying reports of sweatshop abuses and health and safety issues. Ignoring dangerous work conditions is unethical in any sense, regardless of where the workers are located. II: A judge believes that the use of cannabis should never be allowed regardless of the situation due to personal principles of what is right and wrong. A law was recently passed, however, allowing individuals to use cannabis. Scenarios: Legal and Ethical (legal-ethical) ✔✔An organization plans to close its local factory and shift manufacturing operations overseas. This brings opposition from employees. Scenarios: Illegal and Ethical (illegal-ethical) ✔✔Pentagon papers case: U.S government officials leaked top secret papers to inform the public about government actions during the Vietnam War. Personal Ethics ✔✔Codes, principals, and values that shape people's interactions with others Values ✔✔Stable life goals t [Show More]

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