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2.01 Apply ethical principles to the industry.

This article explores the importance of ethical principles in the industry, including recognizing right from wrong and choosing what is right. It highlights the role of ethics in guiding organizations' behavior, as well as the subjective social responsibility of corporations to be responsible, active, and positive members of society. The article also emphasizes the significance of ethical practices and codes of conduct in maintaining a reputable and successful business, improving public perception, and enhancing overall business operations.

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2.01 Apply ethical principles to the industry.

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  1. 2.01 Apply ethical principles to the industry.

  2. Ethics • Recognizing the difference between right and wrong, then choosing what is right. • Guides how an organization behaves. • Subjective

  3. Social Responsibility Dictates that corporations must be responsible, active and positive members of society.

  4. Ethical Practices & Codes of Conduct • Organizations must be above reproach and hold themselves to high standards. • Codes of conduct: regulations regarding worker conduct • Codes of conduct improve: -public perception -business operations

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