CHAPTER 13: ENHANCING ETHICAL BEHAVIOR

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169CHAPTER 13: ENHANCING ETHICAL BEHAVIORThe major purpose of this CHAPTER is to enhance ETHICAL BEHAVIOR by translatinggeneral knowledge about ethics into behaviors and skills. By engaging in these behaviorsand applying the skills, the student will function at a high ETHICAL OUTLINE AND LECTURE NOTESEthics refers to what is good and bad, right and wrong, just and unjust, and whatpeople should do. A person s ETHICAL code has a big impact on his or her WHY BE CONCERNED ABOUT BUSINESS ETHICS?A major reason for studying ethics is that most people are motivated byself-interestand the desire to do something right. ETHICAL BEHAVIOR is important because a goodreputation can enhance business and attract investors. Unethical BEHAVIOR is costly,such as employee theft. Another problem is that many unethical acts are illegalwhich can lead to financial loss and imprisonment.

169 CHAPTER 13: ENHANCING ETHICAL BEHAVIOR The major purpose of this chapter is to enhance ethical behavior by translating general knowledge about ethics into behaviors and skills.

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