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Business Ethics, 2nd Edition by A. C. Fernando

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Part One

THEORIES UNDERLYING THE ISSUES AND PROBLEMS OF BUSINESS ETHICS

Business ethics is applied ethics that studies moral standards and shows how these apply to the systems and organizations involved in businesses. Business ethics studies moral norms and values and aims to apply the conclusions gleaned from them to business which is carried out through a motley group of institutions, technologies, transactions, pursuits and activities. Such a study of business ethics is best served through a discussion of the basic framework of theories and principles that motivate and govern business behaviour. Once the underlying principles are learnt, we can proceed to discuss their implications for business.

Chapter 1 provides an overview of the subject ...

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