What are Ethics?

1
What are Ethics?

• An Introduction

2
Definition

• a branch of philosophy which seeks to address
  questions about morality that is, about concepts
  like good and bad, right and wrong, justice,
  virtue, etc. (www.wikipedia.com)
• Motivation based on ideas of right and wrong.
  (http//www.websters-online-dictionary.org/definit
  ion/ethics)
• The philosophical study of moral values and
  rules. (http//www.websters-online-dictionary.org
  /definition/ethics)

3
Why are they Important?

• Without them businesses cannot succeed for years,
  only short term success
• Builds trust
• Influences other companies to behave in an
  ethical manner
• Ethics are important not only in business but in
  all aspects of life because it is an essential
  part of the foundation on which a civilized
  society is built. (http//www.asqsandiego.org/art
  icles/ethics1.htm)

4
Your Assignment

• You will each receive a sheet titled Whats in a
  Name
• You will use the website on the sheet to analyze
  each company in the list
• You will write your answers down in an MS Word
  file if you do not have enough room to answer the
  questions on the sheet
• Please DO NOT forget to put your name on your
  finished assignment
• DUE End of class today, June 4th, 2010