Other managers recognize that they should be ethical but identify their ethical duty with making a legal profit for the firm. Our performance in business ethics includes reporting on alleged violations against our Code of Ethics through our Doing What’s Right program, auditing of our anti-corruption policies, compliance with laws and regulations, public policy initiatives and political contributions.
Authors Ferrell, Fraedrich and Ferrell indicate that The term ethics has many nuances.Ethics has been defined as inquiry into the nature and grounds or morality where the term morality is taken to mean moral judgments, standards and rules of conduct.” It has also been called the study and philosophy of human conduct, with an emphasis on the determination of the right and wrong.
From 6 am to 5 pm (US Eastern Time), Fox News provides the latest news reports at the beginning and end of each hour, and then explore the different topics, such as health, entertainment, sports, lifestyle, Religion, family, psychology, and politics.
Students are able to make a critical reflection on the role of theology as indispensable tool for unmasking the hidden religious dimensions of business (for example: in advertising, creed/code/cult thinking) as well as its positive role as source of insights about leadership in business (for example: the link between spirituality and business).
The executives should have considered a maxim for action to improve the firm’s financial condition rather than lie about it and cover it up. Kantian management would have felt a moral duty to implement changes to correct the financial position of the firm or seek necessary business remedies.