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BU 450 BU450 exercise 7 – Ashworth College

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BU 450 BU450 exercise 7 – Ashworth College

1-a business stakeholder

2-human well-being in impartial, rather than personal or selfish ways.

3- A philosophical system of ethics that describes what we should do is called moral reasoning.

4-Practical reasoning5-Necessarily

6- The way a decision is arrived at is nearly as important as the action taken. You must apply logical reasoning in order to make a good decision

7- Issues involved in business ethics will always be a part of your working life as you move forward in your career.

8-Stakeholders are groups or individual that has an interest in business operation and performance. Someone or an organization is considered a stakeholder if they affect the operation of the business (Andriof & Waddock, 2017).

The following are examples of stakeholders

Description

BU 450 BU450 exercise 7 – Ashworth College

1-a business stakeholder

2-human well-being in impartial, rather than personal or selfish ways.

3- A philosophical system of ethics that describes what we should do is called moral reasoning.

4-Practical reasoning5-Necessarily

6- The way a decision is arrived at is nearly as important as the action taken. You must apply logical reasoning in order to make a good decision

7- Issues involved in business ethics will always be a part of your working life as you move forward in your career.

8-Stakeholders are groups or individual that has an interest in business operation and performance. Someone or an organization is considered a stakeholder if they affect the operation of the business (Andriof & Waddock, 2017).

The following are examples of stakeholders who have an interest in the business operation and financial position of the company.

1. Shareholders- Shareholders are people who invest in a business. They will be interested in the profit of the company since when the profit is higher, it means they will be paid a high dividend.

2. Employees- employees of the business are the ones runningthe operation of the company. They invest their knowledge, time, and even experience to run and make decisions on the operation of the business. Employees include top managers, middle managers, and even lower-level managers

BU 450 BU450 exercise 7 – Ashworth College

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