As a global industry that operates in a wide range of jurisdictions including underdeveloped and developing countries, business ethics and anti-corruption are a major focus for the mining industry. Teck remains committed to upholding high moral and ethical principles as affirmed in our Code of Ethics. Ethics also help managers decide how best to respond to the interests of various organizational stakeholders. In the case of a company that sells cereals with all-natural ingredients, the marketing department must temper enthusiasm for the product versus the laws the govern labeling practices.
U.S. multinationals have been central to establishing a global business commitment to responsible behavior. The Program in Business Ethics supports the integration of ethics throughout the curriculum and the discussion of ethical issues among students, faculty and the business community.
Business ethics is also related to political economy , which is economic analysis from political and historical perspectives. Philosophers from Aristotle to Rawls have defended positions on topics which can be understood as part of business ethics. All substantiated cases are thoroughly assessed and depending on the severity, a disciplinary sanction is applied ranging from counselling/retraining to a verbal warning, or in severe cases dismissal in accordance with our internal … Read More