AN EVALUATION OF ETHICS THEORY AND THE LAW A case study of uniliverplc

AN EVALUATION OF ETHICS THEORY AND THE LAW A case study of uniliverplc

INTRODUCTION

Ethics refers to the principles of and standard of moral behavior that are accepted by society as right versus wrong. To make the right choice, or at least the best choice from among competing alternatives, individuals must think through the consequences of their actions. Ethics can be defined as a set of

Principles of right conduct.it can also be defined as a theory or a system of moral values.Business ethics is the the application of moral standards to business situations.

Many firms have a set of policies on business conduct and legal compliance.The policies embrace ethics, internal controls,conflict of interest and a host of other areas , all of which are designed to promote good and ethical business practice.Employees are aquainted with these policies and are made to sign

Undertakings to them maintain. As a matter of policy, the company is ready to concede business opportunity in favour of its code of ethics

Business ethics has been a growth area in the business world in recent times. Before the advent of business ethics, business transactions have largely been conducted on the principle of caveat emptor, meaning buyer beware.Much has changed in recent times. The law is the most important source of ensuring that consumers receive a fair deal from retailers and manufacturers. Some of these laws in Nigeria include the PRICE CONTROL Act of 1970 as amended by the price control Act 1977; Nigeria Standard Organisation of Nigeria  ACT OF 1971; National Agency for Food and Drugs Adminstration and control Act of 1974; Weight and measures ACT OF 1974  ETC. These and other laws are essentially an imposition of moral consideration on Business,to ETHICS THEORY.

About admin

Check Also

Impact Of Knowledge Management On Organizational Performance (A Case Study Of Selected It Firms In Lagos)

This Research Work is on Impact Of Knowledge Management On Organizational Performance (A Case Study …

Casualization And Employee Commitment In Etisalat Nigeria

This Research Work is on Casualization And Employee Commitment In Etisalat Nigeria CHAPTER ONE INTRODUCTION …

Employee Welfare Programme In Nigeria (Nitel Limited)

This Research Work is on Employee Welfare Programme In Nigeria (Nitel Limited) CHAPTER ONE 1.1 …

Effects Of Selection Process On Labour Turnover And Productivity Of Employees (A Case Study Of Nigerian Bottling Company Plc, 9th Mile Enugu)

This Research Work is on Effects Of Selection Process On Labour Turnover And Productivity Of …

The Effect Of Labour Relations, Trade Unionism And Wages On Employee Work Attitude

This Research Work is on The Effect Of Labour Relations, Trade Unionism And Wages On …

The Effect Of Gender Discrimination On Women Employment Opportunity (A Study Of Seven-Up Bottling Company, Ikeja Lagos)

This Research Work is on The Effect Of Gender Discrimination On Women Employment Opportunity (A …

Leave a Reply