ethics

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Ethics- study of the right and wrong behavior in the world of business and the application of moral and ethical principles.
Determine company’s ethics by mission statements and codes of ethics.
Golden Rule Test- do to others as you would want them to do to you. (determines ethical behavior),
The TV test- would you be comfortable defending your decision on tv.
Ethical behavior can have short term costs.
If the goal of a business is only to increase profits they will be more likely to commit unethical behav...