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Fundamentals for Success in Business - D072: Comprehensive Overview

Study Material Jun 7, 2025
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Fundamentals for Success in Business - D072: Comprehensive Overview
Ethics ✔✔A system of moral principles.
The principles of right and wrong that guide an individual in making decisions
Legal ✔✔Permitted by law.
An act that is permissible or in conformity with the law of the land
Legal and Ethical (legal-ethical) ✔✔When the law and personal or organization are in
concordance with each other
Legal and Unethical (legal-unethical) ✔✔Dilemma in which stablished laws are not in
accordance or do not uphold the ethical choice
Illegal and Ethical (illegal-ethical) ✔✔Dilemma in which ethical choice would be in violation of
stablished laws
Scenarios: Legal and Unethical (legal-unethical) ✔✔I: As the outsourcing movement has grown,
so have accompanying reports of sweatshop abuses and health and safety issues. Ignoring
dangerous work conditions is unethical in any sense, regardless of where the workers are located.
II: A judge believes that the use of cannabis should never be allowed regardless of the situation
due to personal principles of what is right and wrong. A law was recently passed, however,
allowing individuals to use cannabis.

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