Introduction to Business Ethics ICEV

set of standards of conduct that guide decisions and actions based on duties derived from core values

• morals

• ethics

• scruples

• etiquette

set of standards of conduct that guide decisions and actions based on duties derived from core values

• moral behavior

• rules

• ethical behavior

• legal behavior

conduct in accordance with what a person determines is right versus wrong

• moral behavior

• rules

• ethical behavior

• legal behavior

conduct based on or authorized by law, which is established by society to maintain order and protect people and properties from harm

• moral behavior

• rules

• ethical behavior

• legal behavior

an organization's financial statement containing untrue data which is used to mislead

• balance sheet

• Income statement

• false financial statement

• cooked books

an entrusted person converts other’s assets or properties for his or her own use

• fraud

• Embezzlement

• theft

• money laundering

complex situation in which people have difficulty choosing between a moral or an immoral act

• ethical dilemma

• moral dilemma

• drama dilemma

• immoral dilemma

set of written standards issued by an organization to assist its employees in conducting their actions in conformity with the organization's ethical values

• code of morals

• code of conduct

• code of ethics

• accounting code

duties and obligations of businesses which contribute to the well-being of society

• ecological responsibility

• personal responsibility

• business and social responsibility

• fiscal responsibility

all the parties which interact with the business

• employees

• stakeholders

• customers

• vendors