Reflection On Business Management: Cost And Management Accounting
Introduction My name is Nombulelo Galada; I am a 32 year old I am doing Btech: Cost and Management Accounting. Among the subjects that I will be doing this semester is Business Ethics.
Definition
According to the business management for accounting students editon 2 ‘Business ethics deals with ethics in Business and in business world. People in business should make the the correct decisions,and they should also act morally or ethically. Business ethics is the ethic applied in business when making the decisions, so that the decisions are good and right for the businessand/or also for other people (persons, community communities, or structures) affected by those decisions.
Mr. Kirk O Hanson Executive director of Markkula Center for Applied Ethics and Business Ethics at Santa Clara University. He defined:
Ethics is the study of standards of behaviour which
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She went on further Mrs. Steenkamp engage us and asked us if there is a difference between ethics and Morals and one of the students from GroupA used the word inter-change which means Ethics and Morality are the same.
She asked us our own definition of ethics. Which is basically different but means the same.. philosophy is a discipline where they ask lots of question to search for something.
We also learnt about the Golden Rule: which is about doing good for yourself and for others, we must not be selfish.
We must think about other stakeholders when we make decision not just you. We were asked to write the 3 values that we consider being our values. And I wrote:
• Respect
• Honest
•
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