Question: What Are Moral And Ethical Responsibilities?

What are ethical responsibilities?

Definition: Ethical responsibility is the ability to recognize, interpret and act upon multiple principles and values according to the standards within a given field and/or context..

What are examples of moral responsibilities?

A business owner or manager has multiple responsibilities, including legal ones, such as paying taxes, as well as moral responsibilities. Moral responsibilities may be individual, meaning each person in the company is accountable for doing what is right, or communal responsibilities, which involve all personnel.

What are the ethical responsibilities of a retailer?

Ethical practice towards consumers: The retailers should charge fair price for the products offered to them. The consumers have the right to get correct and precise knowledge about the products sold to them in respect of warranty, guaranty, price, usage, ingredients etc.

What are the 7 principles of ethics?

The principles are beneficence, non-maleficence, autonomy, justice; truth-telling and promise-keeping.

What are 10 moral values?

10 Moral Values for Children to Lead a Great LifeRespect. Many parents make the mistake of teaching their children only about respect for elders, but that is wrong. … Family. Family is an integral part of kids’ lives. … Adjusting and Compromising. … Helping Mentality. … Respecting Religion. … Justice. … Honesty. … Never Hurt Anyone.More items…

What are some examples of responsibility?

15 Examples of ResponsibilityPersonal Responsibility. The responsibility to do positive things with your abilities, talents and resources.Agency. Agency is your ability to influence what happens to you. … Moral Responsibility. The duty to do good and to do no harm. … Legal Obligation. … Contractual Obligations. … Norms. … Social Role. … Profession.More items…•

What are personal responsibilities examples?

The following are illustrative examples of personal responsibility.Agency. Agency is an individual’s capacity to control their own life. … Locus of Control. … Self-Control. … Honesty. … Accountability. … Moral Duty. … Civility. … Reasonable Expectations.More items…•

Why is ethical responsibility important?

Ethical behaviour and corporate social responsibility can bring significant benefits to a business. For example, they may: attract customers to the firm’s products, thereby boosting sales and profits. make employees want to stay with the business, reduce labour turnover and therefore increase productivity.

Who is responsible for ethical behavior?

Managers Role in Ethical Conduct. Managers are responsible for upholding the ethical code and helping others to do so as well.

What is ethical behavior?

What are examples of ethical behavior? Ethical behavior includes honesty, integrity, fairness and a variety of other positive traits. Those who have others’ interests in mind when they make decisions are displaying ethical behavior. In the workplace, there might be a standard for ethics set throughout the company.

What is ethical and social responsibility?

Social responsibility is an ethical theory in which individuals are accountable for fulfilling their civic duty, and the actions of an individual must benefit the whole of society. If this equilibrium is maintained, then social responsibility is accomplished. …