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Unit 37: Understanding Business Ethics - Edexcel to be acting. This unit examines business ethics and how taking an ethical stance affects businesses both internally and externally, including the effects on stakeholders. Learners will explore the social implications of business ethics on a wide range of business activities that affect the organisation itself and the external environment. Understanding Business Ethics Introduction to Business 11 Understanding Business Ethics . What philosophies and concepts shape personal ethical standards? Ethics is a set of moral standards for judging whether something is right or wrong. The first step in understanding business ethics is learning to recognize an ethical issue.An ethical issue is a situation where someone must choose between a set of actions that may be ethical or unethical. Understanding Business Ethics SAGE Publications Inc Filled with real-world case studies and examples of ethical dilemmas, Understanding Business Ethics, Third Edition prepares students and managers alike to make ethical decisions in todays complex, global environment. Bestselling authors Peter A. Stanwick and Sarah D. Stanwick explain the fundamental importance of ethical leadership, decision ...
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