Chapter 1 Ethics are beliefs regarding right and wrong behavior.

Ethical behavior refers to behavior conforms to generally accepted social norms. On many key issues, the identification of ethical behavior is very clear. Virtues are habits that incline us to do what is acceptable and vices are habits that incline us to do what is unacceptable. And a person’s vices and virtues determined their value system. The importance of integrity, moral principles are statements of what you believe to be rules of right conduct. As an adult making your own decisions is much more complex, in every different situations.Sometimes telling a white lies to protect someone feeling’s may be considerable. A person acts with integrity is the person acts in ways thtat are consistent with his or her own code of principle. Integrity is one of the cornerstones of ethical behavior. And integrity is to extend to all persons same respect and consideration that you yourself desire. But to act in a consistent manner is difficult, one opportunity for inconsistent ethical behavior arises when you find yourself in a situation in which there are conflict between your standards. Another form of inconsitency emerges if we apply our moral standards differently to different people or to different situations. to be consistent and act with integrity, we must apply the same moral standards to one person or one situation that we apply to another. Risk is the product of multiplying the likehood of negative event happening by the impact of such an event happening. Thus, if the likehood of an event happening is high and the potential negative impact is large, risk is considered great. Bribery involves providing monety, property, favors, or anything else of value to someone in business or government in order to obtain a business advantage. While gifts are given to someone that doesn’t hoping in return, a gift maybe considered a bribe if it not declared. As result, most companies require that all gifts be declared and that those above a token value must be declined.

And integrity is to extend to all persons same respect and consideration that you yourself desire. if the likehood of an event happening is high and the potential negative impact is large. As result. Another form of inconsitency emerges if we apply our moral standards differently to different people or to different situations. The importance of integrity. moral principles are statements of what you believe to be rules of right conduct. A person acts with integrity is the person acts in ways thtat are consistent with his or her own code of principle. Bribery involves providing monety. Virtues are habits that incline us to do what is acceptable and vices are habits that incline us to do what is unacceptable. On many key issues. we must apply the same moral standards to one person or one situation that we apply to another.Sometimes telling a white lies to protect someone feeling’s may be considerable. Ethical behavior refers to behavior conforms to generally accepted social norms. But to act in a consistent manner is difficult. a gift maybe considered a bribe if it not declared. Integrity is one of the cornerstones of ethical behavior. to be consistent and act with integrity. in every different situations. As an adult making your own decisions is much more complex. Ethics are beliefs regarding right and wrong behavior. And a person’s vices and virtues determined their value system. the identification of ethical behavior is very clear. property. one opportunity for inconsistent ethical behavior arises when you find yourself in a situation in which there are conflict between your standards. most companies require that all gifts be declared and that those above a token value must be declined.Chapter 1 Risk is the product of multiplying the likehood of negative event happening by the impact of such an event happening. favors. While gifts are given to someone that doesn’t hoping in return. Thus. or anything else of value to someone in business or government in order to obtain a business advantage. . risk is considered great.

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