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Question 1: Differences Between Morals
and Ethics
Question 2: Occurrences in Business
that are legal but unethical and vice versa
Question
3: Company Ethical Consideration When Deciding Between Two Products.
Question 4: A Company I Admire and its
Ethical Decision-Making
Ethics
Question
1: Differences Between Morals and Ethics
Morals
can be defined as the aspects of an environment or personal beliefs that
determine a person's perspectives regarding right and wrong. That is to mean;
morality varies from one person to another based on their environment and
belief systems. The "Handbook
of virtue ethics in business and management” by Sison et al. (2017) considered ethics to be more
practical to define ethics. As such, ethics is a principle that constitutes
habits that people are expected, regardless of whether they are morally upright
or not. In the business world, ethics can be looked at as the codes of conduct
that employees are supposed to follow in fulfilling their duty.
The other main difference is that unlike morals, ethics affects or applies to a larger population, regardless of cultural diversity. For example, at the workplace, all employees should abide by set...
