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Essay text:
Did these companies have a business code of ethics? If they did, were they ignored out of greed or out of confusion? Without a strong code of ethics, managers/leaders have no strong moral compass to guide them in times of crisis and confusion.
Business ethics can be broken down into to broad areas:
1. Managerial mischief, example Enron, includes "illegal, unethical, or questionable practices of individual managers or organizations, as well as the causes of such behaviors and remedies to eradicate them." Here in lies the problem, more often than not, business ethics is more a matter of dealing with dilemmas that have no clear indication or what is right or wrong...
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