Law and Ethics

Using personal ethics in making business decisions

• Business Ethics

• Code of Ethics

• Civil Disobedience

• Ethical System

A professional’s or company’s set of guidelines for upholding ethical behavior.

• Business Ethics

• Code of Ethics

• Law

• Civil Disobedience

If we have ethics, why do we need the law?

• Law is needed to force upon people values & morality

• Law is needed because people know what is right and wrong.

• Law is needed because people don't always do what they should do.

• Law is needed because we need consequences.

What is ethical and what is law always go hand in hand.

• TRUE

• FALSE

Enforceable rules of conduct in a soceity

• Ethics

• Law

• Morality

• Values

Everyone has the same ethical standards or moral code of conduct.

• TRUE

• FALSE

A set of principles and rules that govern the way the members of an organization should conduct themselves. 

• Means and Ends
• Code of Ethical Conduct
• Code of Conduct
• The Law

Determining what is right or wrong action in a reasoned and impartial manner.

• Ethics
• Morality
• Integrity
• The Good

The capacity to do what is right even when tempted to do otherwise.

• Integrity
• Temptation
• Morality
• Legality

Behavior that is considered ethical in one culture may not be acceptable in another culture.

• True
• False