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It is in this phase that a management team needs to make ethical decisions related to the direction that a company should take or how the company will operate. So before we can talk about these ethical decisions we must first understand what ethics is. Ethics is defined as "rules or standards governing the conduct of a person or the conduct of the members of a profession" or "A theory or a system of moral values" (ethics, 2005). In other words, ethics is a guide for how management conducts business, either being a written guide or unwritten. Ethics helps management teams answer questions of what is the right or wrong thing to do...
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