business ethics

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Ethics

The study and practice of appropriate behavior, regardless of the behavior's legality. Certain industries have professional organizations setting and promoting certain ethical standards. For example, an accountant may be required to refrain from engaging in aggressive accounting, even when a particular type of aggressive accounting is not illegal. Professional organizations may censure or revoke the licenses of those professionals who are found to have violated the ethical standards of their fields.

In investing, ethics helps inform the investment decisions of some individuals and companies. For example, an individual may have a moral objection to smoking and therefore refrain from investing in tobacco companies. Ethics may be both positive and negative in investing; that is, it may inform where an individual makes investments (e.g. in environmentally friendly companies) and where he/she does not (e.g. in arms manufacturers). Some mutual funds and even whole subdivisions are dedicated to promoting ethical investing. See also: Green fund, Islamic finance.

business ethics

moral guidelines for the conduct of business based on notions of what is right, wrong and fair. Most business people rely upon their own consciences in making business decisions, falling back upon their own moral and religious backgrounds for guidance. However, business people are also affected by their superiors and immediate colleagues when making business decisions and may feel pressurized to behave unethically when seeking to make profits. Over recent years many firms and industries have attempted to develop codes of conduct which can be used to guide managers when making decisions.
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When you do a review of the IREM Code of Professional Ethics, it is evident that without good business practices, the Code is difficult to uphold.
Meanwhile, a lawsuit filed by Caruso in 2004 alleging its neighbor and competitor violated antitrust laws and engaged in unfair business practices is slated to go to court this summer.
The National Association of Home Builders (NAHB) recently released the Cost of Doing Business Study, a national study of builders' business practices and financial performance.
has been retained by (GOLA) to assist it with respect to what the Association believes to be unfair business practices by the Aviation Authority.
The province has radically ratified its Consumer Protection Act for the first time in more than 30 years, extending it to cover a vast array of new business practices such as Internet shopping and negative-option billing.
Native messaging tools and third party e-mail archive applications provide the tools and methods to effectively manage e-mail and work in conjunction with your internal business practices to protect valuable business information contained in e-mail and reduce the risks of litigation and compliance fines.
Defense acquisition professionals will be able to use the reference to review discretionary best business practices and then tailor practices to the particular needs of their program.
Many camps follow these and other appropriate business practices, which have served them well over many years.
They argue that the cost of proactively implementing those practices will be much less expensive than the litigation, regulatory penalties, loss of consumer confidence and trust, damaged reputation, and loss of market share that will likely befall businesses that tail to appreciate the importance of safeguarding personal information and that do not modify their business practices to achieve privacy compliance.
With a worldwide customer base, Amazon prefers to maintain consistency among its various international operations by using standard privacy policies, terms of use and other business practices, but the company modifies these policies to the extent necessary to comply with differences in local laws, customs and practices.
3) Alignment with our philosophy and commitment to ethical business practices and standards

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