Level of Business Ethics

Cards (5)

  • Business Ethics - defined as the practice of what is morally and ethically right in the conduct of business or in the workplace
  • Johnson and Scholes define its three levels
  • Macro - defined as the area that represents
    business operations bound by the virtues and norms of the different
    political and social systems of every society.
  • Corporate - represent how each company
    interprets the rules and standards of the industry.
  • Individual - The individual level in ethics is the employee’s own moral
    principles which guide his/her life.