Asked by Shahd Ajlani on May 09, 2024
Verified
Describe the difference between ethics and laws.
Ethics
Moral principles that govern a person's behavior or the conducting of an activity, often fundamental to business practices.
Laws
Established rules that are enforceable by a governing body, intended to regulate behaviors and maintain order within a society.
- Expound upon the difference between ethical norms and legal prescriptions within the settings of business and marketing.
Verified Answer
RF
Roser FiguerasMay 12, 2024
Final Answer :
Ethics are the moral principles and values that govern the actions and decisions of an individual or group. They serve as guidelines on how to act rightly and justly when faced with moral dilemmas. While ethics deal with personal moral principles and values, laws are society's values and standards that are enforceable in the courts.
Learning Objectives
- Expound upon the difference between ethical norms and legal prescriptions within the settings of business and marketing.
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