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How Do You Establish The Right Moral Philosophies And Principles For The Ethical Framework In Your Business?

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How Do You Establish The Right Moral Philosophies And Principles For The Ethical Framework In Your Business?

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Moral philosophies and principles provide the ethical framework and nature of delivery of services provided in business. This framework is accomplished by the establishment of foundational standards. Standards set the tone and culture for what will be considered right or wrong, acceptable or unacceptable. Philosophies and principles are typically set by higher authorities, senior management, governmental or state officials. Without ethical framework or in other words, ethical standards, organizational structures would be arenas of “chaos” and “anything goes.” Organizations as well as individuals hold varying degrees of moral, philosophies, and principles. Ethical principles are the foundation of which viewpoints are guided towards an acceptable common decision. In order for the establishment of Ethical standards to be beneficial, there must be a set of common goals. Business should not operate based on the philosophies and principles of an individual accord. This type of structure woul

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