Personal and Organizational Ethics



Personal and Organizational Ethics

Reflection Prompt #1

Business ethics are the standards and principles that determine acceptable conduct of its stakeholders in business organizations. The business ethics is a broad concept that not only includes the culture, but the processes and outcomes denoting a way of acting. It is said to be a highly essential part of the presence of the organization. Nowadays, it has become essential for businesses to follow strict ethical behaviors in the organizations. The increased number of business failures because of fraud and other wrong practices has emerged as a highly significant aspect (Virtanen, 2011). ...