Chapter 3 Questions

Business Ethics are defined as “moral principles that guide the way a business behaves” (Businesscasestudies, 2017). In order for any business or individual to act in an ethical

1. Long-distance commerce acted as a motor of change in pre-modern world history by altering consumption and daily life. Essential food and useful tools such as salt were traded from the Sahara desert all the way to West Africa and salt was used as a food preserver. Some incenses essential to religious ceremonies were traded across the world because there was a huge demand for them. Trade diminished economic self-sufficiency by creating a reliance on traded goods and encouraged people to specialize and trade a particular skill. Trade motivated the creation of a state due to the wealth accumulated from controlling and taxing trade. Trade posed the problem of if the government or private

1.“Rule number one: If someone disrespects you, you send a message so fierce that they won't have the chance to do it again.”

1) What do we learn about Atticus Finch, his children and the town of Maycomb in the first chapter?

In what areas does Texas consistently rank at the bottom in state spending compared to other states? 4

Lymphocytes that become part of antibody-mediated immunity arm of the adaptive immune response develop in the:

While there are provisions within the law that provide for some safeguards for an insurance company accepting a higher percentage of higher risk patients compared to others, the insurance company is no longer in control of the amount of risk it accepts and these safeguards may be limited in time (American Academy of Actuaries, 2013).

I believe virtue is anything that may be advantageous in one’s own way. It may be good, it may be bad in

They are to be treated as confidential and kept secure as per Privacy Act 1998

Business ethics is a vital element to the growth and success of any business. To be ethical means to have a system of moral principles. Ethics alone is a branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and ends of such actions. To have business ethics you would take the meaning of ethics and apply it to the things that go on it the work place. We are going to take

Business Ethics is a set of moral principles applied in the commercial world. Business ethics provide guidelines for acceptable behavior by organizations in both their strategy formulation and day-to-day operations. An ethical approach is becoming necessary both for corporate success and a positive corporate image. Following pressure from

Business ethics encompasses beliefs and values that influence individual and group behavior in an organization. Generally, stakeholders decide these principles, which may

S120 Objectivity S120.1 Professional or business judgement cannot be comprised because of conflict of interest or the undue influence of others. (APESB, 2013)

1. Scheduling involves the timing of operations to achieve the efficient movement of units through a system. The overall objective of scheduling is faster movement of goods and services through a facility, better customer service and dependable delivery.

“As a branch of ethics the field of business ethics is interested in how judgments of right and wrong, good and bad, moral obligation and responsibility, rights and duties, and the like, are made and justified” (Gill, David). As a descriptive enterprise, business ethics is an analytical exercise in understanding and explaining how people and businesses make their ethical judgments and decisions. If your business does not carry the proper ethics it cannot thrive. It takes the necessary steps within the business management to enforce these ethics upon their business. The field of business ethics is interested in more than just social and environmental responsibilities but those are certainly critical component areas.