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ETHICS - Coggle Diagram
ETHICS
ETHICS AS A CONCEPT
Ethics is a total of traditional behavioal rules, laws and priciples adopted by certain people in a certain period and governing individuals' relationship with another.
The roots of word 'ethics' which is used as an equivalent of the word morality in some western languages, derive from the Greek word 'ethos'
Business Ethics
the businesses' freedom of profit-making is limited to equal opportunity, honestly, frankness and integrity
weaknesses in making ethical decisions may cost billions of dollars to businesses and do damage to their corporate image
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