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2 page essays for Chapter 1 and for Chapter 2
Answered Same Day Jul 29, 2021

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Moumita answered on Jul 31 2021
155 Votes
ESSAY
Table of Contents
Chapter 3: Business Ethics, Social Forces, and the Law    1
Introduction    1
Discussion    1
Conclusion    2
Chapter 4: The Constitution as the Foundation of the Legal Environment    4
Introduction    4
Discussion    4
Conclusion    5
References    6
Chapter 3: Business Ethics, Social Forces, and the Law
Introduction
The chapter elaborates the study of law that is related to business ethics. The business uses the moral standard of ethics to maintain ethical behaviour in the industry. Several moral standards of ethical conduct relieve the organisation from the pressure of maintaining ethical behaviour. The concept of "AS IS" is one of the moral standards of ethical business. If the selling contract contains the clause of "AS IS", the organisation does not take guarantee of the item once the product is sold. The variations of ethical business models would be discussed in this essay.
Discussion
Specific universal standards of business ethics do not require the approval of the law. In some countries, those global business ethics are practised by supporting religious beliefs. However, there is evidence of several business ethical theories that are practised in this age. One such approach is Kant's categorical imperative theory. This theory suggests that no business should be ca
ied out with the idea of "one-sided benefits". This theory refers that there must not be any injustice done to either party in the transaction. Another critical theory, namely, The Rights Theory, prescribed by Robert Nozick, talks about the fundamental rights that everybody has in the operation of a business. This theory states that every individual involved in the market has the right to transparency, and the government of every country should protect those rights. Several other approaches reflect business ethics in various manners.
Business standards of ethics also lay different implications for different stakeholders. The stakeholder's analysis suggests that each business decision must be undertaken by understanding the impacts of those decisions on the stakeholders. The stakeholder’s analysis indicates that no decision should be made in isolation....
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