Building and maintaining trust in our business relationships and pursuing the highest standards of ethical behavior remain a fundamental aspect of our company’s core values. Hartman/DesJardins Business Ethics is designed to prepare the student to apply an ethical decision-making model, not only in this ethics course but throughout her or his business discipline. The International Business Development Institute 202 is a global non-profit organization that represents 217 nations and all 50 United States. Business Ethics focuses on dilemmas that arise out of potential conflicts between the economic and the social performance of enterprises.
This is necessary not from the point of view of a ‘good boy’ like business only; it is also necessary to build an acceptable image of the business in the eyes of the society and consumers, and thereby for its products to sell well. The Code of Business Ethics builds on our six core values by providing greater detail about expected ethical behaviors of all employees.
It is also interesting to note that the small business leader often has his or her decisions impact a greater number of individuals than does the employee of the small business. Integrity means being ethically unyielding and honest and inspiring trust by saying what we mean, matching our behaviors to our words and taking responsibility for our actions.
Although ethics is not the same as self interest, business executives often want to be assured that it is the same. Ultimately, we refer to actions as being ethical or unethical, but every action is preceded by a decision and it is only here that ethics can have a meaningful impact. Globalization is the worldwide process by which the economic and social systems of nations have become connected.
While business generally involves a collection of capital resources, my sense is that this is not a distinguishing characteristic. Our policies on integrity, fraud prevention and anti-corruption are essential for embedding integrity within our daily business. Another reason that business ethics are important is the relationship they have to investment.