“Business ethics should be viewed more as a story in the process of being written than a moral code...

Question

“Business ethics should be viewed more as a story in the process of being written than a moral code like the Ten Commandments.” Explain your answer as it relates to Integrated Social Contract Theory (ISCT).

David · Accepted Answer

ISCT known as Integrative Social Contracts Theory was given by famous author Thomas Donaldson 
and Thomas Dunfee. It is related to the theory of business ethics. The main aim of the theory is to 
provide framework so that business and managerial decisions are made impacting the society, 
ethical norms and moral standards.

“Business ethics should be viewed more as a story in the process of being written than a moral code like the Ten Commandments.” Explain your answer as it relates to Integrated Social Contract Theory...

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