Ethical consideration

Ethics in Managerial Decisions









Tim Slack





LDR520
Damon Walsh
October 1, 2002

Ethics in Managerial Decisions

For these reasons, and because business can be a powerful agent of positive social change we offer the following principles as a foundation for dialogue and action by business leaders in search of business responsibility. In so doing we affirm the necessity for moral values in business decision making; without them, stable business relationships and a sustainable world community are impossible.(Hartman,161)
I was struck by that last statement ‘without them, stable business relationships and sustainable world community are impossible’. With out ethics business is impossible.
Now in the context of the above quote, the author was referring to the Caux Principles, a guiding set of ethical considerations that any business in our current world market will ignore at their peril. Now that sound a little extreme, but it is not; this is precis...