Business Ethics

Paper Rating: Word Count: 3382 Approx Pages: 14

3. The 10 Benefits of Business Ethics

4.1. The Impact of Business Ethics on Nestlé

4.2. Nestlé's view on Business Ethics

4.3. The Implications of Business Ethics on Stakeholders

Every business has the power through their ability to spend vast amounts of money. They have the ability to change or enhance situations in which many common individual does not. As organizations may affect some people, they have obligations to their employees, consumers, community and the outside world. They have the responsibility to manage or control the business in a way that it won't harm and in which, positively benefits as many people as possible and themselves. This sounds simple, it is "easier said than done!" as there will always be a conflict of interest between various groups of people. Any decisions made by businesses need to be made with an informed awareness of the specific situation and then act according to some sort of system of principals, which is Business Ethics.

Business ethics is exactly the same as normal ethics, and that knowing what is... Continue Reading