Basics of Business Ethics: Business Success Secrets Series

By Dr. Samuel James MBA

At its core, business ethics refers to the application of moral principles to situations that arise in a business environment. These principles serve as a guiding compass, shaping decisions and ensuring that they align with a greater good, beyond just profits.

This book isn't just a theoretical exploration. We'll be delving into real-world examples, exploring dilemmas that businesses face daily, and examining the cascading effects of decisions. We'll understand why businesses, now more than ever, need to be transparent, accountable, and above all, ethical.

A More nuanced view: Morality vs Ethics

Foundations:

Ethics: At its core, ethics is derived from the Greek word "ethos," meaning character or custom. It pertains to the systematic study of what is right or wrong, often striving for universal principles. Ethics seeks to answer questions about morality by applying philosophical methodologies and examining the underlying reasons and principles that determine right actions.

Morality: Originating from the Latin term "moralitas," meaning manner or character, morality is the lived experience and practice of what individuals and societies deem right or wrong. It's the on-the-ground application and manifestation of values.

Basis:

Ethics: While ethics can be informed by personal beliefs, it tends to be rooted in logical reasoning and structured philosophical frameworks. Concepts like justice, fairness, and equality often underpin ethical considerations, and ethical standards often seek some level of universality.

Morality: This is often deeply personal, built upon individual experiences, upbringing, religious beliefs, cultural norms, and societal values. Morality can be seen as the "raw material" from which structured ethical systems are constructed.

Scope:

Ethics: Its scope often extends to creating standardized principles and guidelines for behavior in specific scenarios, like professional conduct in business or research. Ethics provides a roadmap or framework for navigating complex dilemmas where multiple moral values may be in tension.

Morality: It functions at a more foundational level, reflecting an individual's or society's fundamental beliefs about right and wrong. It is rooted in belief systems and often varies widely between cultures, societies, and individuals.

• Language: English
• Publisher: Dr. Samuel James MBA
• Release date: Oct 4, 2023
• ISBN: 9798223508564

Dr. Samuel James MBA

Dr. Samuel James (Inbaraja S) Global Business Consultant Dr. Samuel James (Inbaraja S) is a global business consultant with a diverse background in business administration, medicine, and radiology. He is a top 20 Global MBA graduate from Deakin University in Australia and has over 15 years of experience in the healthcare industry. Dr. James is a specialist radiologist and has worked in both clinical and academic settings. He is also a Christian apologist and has written extensively on the topic of Christian apologetics. Education Deakin University (Australia) Master of Business Administration (MBA) Global Master of Business Administration (MBA) Institute of Management Technology, Ghaziabad (India) Postgraduate Degree in Business Administration and Management Dnipropetrovs'ka Deržavna Medicna Akademija (Ukraine) Clinical Residency in Diagnostic Radiology Madurai Kamaraj University (India) Post Graduate Diploma in Hospital and Health Care Facilities Administration/Management Biola University (USA) Certificate Course in Christian Apologetics Christian Writers Guild Certificate Writing Essentials Stock Trader: Involedin swing and day tradingfor the past 10 years.