HRM 300 Week 1 - DQ 2 - 16218

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HRM 300 Week 1 - DQ 2

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Week 1 Discussion Questions 2

What is business ethics?

A set of rules or principles which help one to decide what is right and what is wrong in the business world as well as real world. Ethics based on law are easily policed, however ethics are not all based on law, many are based on the moral grounds on “grey area”. A personality lacking strong moral behavior is likely to get busy in unacceptable behavior if they are bound by the rules, policies and other controls. Many companies have a code of formal ethics. "A code of ethics is a formal document that states an organization’s primary values and the ethical rules; it expects managers and operative employees to follow" (DeCenzo & Robbins, 2007. p. 22).