Bundle: BUSN, 11th + MindTap Business, 1 Term (6 Months) Printed Access Card + MikesBikes-Intro Simulation, 1 term (6 months) Printed Access Card
11th Edition
ISBN: 9780357194836
Author: Marcella Kelly, Chuck Williams
Publisher: Cengage Learning
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Question
Chapter 4, Problem 1LO
Summary Introduction
To discuss: Ethics and the universal ethical standards.
Expert Solution & Answer
Explanation of Solution
The set of beliefs about the right and wrong is known as ethics. In every country their laws set the minimum ethical standards, but in original the ethical standards are higher than the legal minimums. People all over the world tend to accept some core values that can be a starting point for the universal ethical standards. The universal ethical standards are inclusive of respect, trustworthiness, caring, fairness, citizenship, and responsibility.
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Chapter 4 Solutions
Bundle: BUSN, 11th + MindTap Business, 1 Term (6 Months) Printed Access Card + MikesBikes-Intro Simulation, 1 term (6 months) Printed Access Card
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