Ethics and Individual Values - Explained
How Ethics Relates to Values
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
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Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
What is the role of individual values in the development of ethical standards?
- Ethics ultimately boils down to the individual values one applies in decision-making.
- Individual values can be explored by asking five important questions in situations of decision-making:
- Have I thought about whether the action I may take is right or wrong?
- Will I be proud to tell others of my possible action?
- Am I willing to have everyone act as I am thinking of acting?
- Will my decision cause harm to others or to the environment?
- Will my action violate the law?