Global Business Ethics Principles

To be responsible for the solid calculations of the statics.

Action-based responsibility.

Any form of exploitation, abuse, or violation of human rights.

<p>The product's existence, design, and impact.</p> Signup and view all the answers

<p>Whether value is created in personal, professional, or community contexts.</p> Signup and view all the answers

<p>To evaluate the ethical implications of the product's sourcing, production, distribution, use, and disposal.</p> Signup and view all the answers

<p>The second principle is respect for other cultures and different cultural values. This principle acknowledges that cultural differences exist and may lead to conflicts with human rights, requiring businesses to make complicated decisions.</p> Signup and view all the answers

<p>The moral obligation of a business is to respond to normative questions concerning the rightness and wrongness of actions or state of affairs.</p> Signup and view all the answers

<p>The criteria to determine responsibility include causality, free will, position and relational role, and knowledge.</p> Signup and view all the answers

<p>The amount of responsibility depends on the amount of knowledge the company had of the results of their action.</p> Signup and view all the answers

<p>Respecting other cultures may lead to conflicts with human rights, requiring businesses to make complicated decisions about whether to tolerate cultural differences that might compromise human rights.</p> Signup and view all the answers

<p>Company values and norms, reflected in core values, compliance programs, and corporate responsibility strategies, are essential in developing a basic global business ethic.</p> Signup and view all the answers

<p>Objectivity means remaining unbiased and independent of specific interests. Professionals, such as physicians and engineers, should be free from interests that may influence their judgment, ensuring they stick to approved methods and avoid flawed work.</p> Signup and view all the answers

<p>The principle of responsibility ensures professionals guarantee the quality of their work, are honest and transparent, and do not abuse their knowledge or use it for personal gain. They should also explain their approach and work to stakeholders.</p> Signup and view all the answers

<p>Professional integrity means ensuring all actions align with professional standards and principles. It involves making ethical decisions that prioritize public interest over personal gain.</p> Signup and view all the answers

<p>Professionals should prioritize the public interest, even when faced with conflicting interests or pressures. They should uphold technological safety and adhere to ethical standards.</p> Signup and view all the answers

<p>Factually wrong claims or lies about a company's products are unacceptable from an ethical perspective, as they deceive customers and violate Kantian and Virtue Ethics principles.</p> Signup and view all the answers

<p>Advertising is ethically acceptable when it is honest, transparent, and promotes products or services without making false or misleading claims.</p> Signup and view all the answers