These notes are taken from Grade 12 Consumo Business Studies Learner Book. They have really helped me. They are not in depth but explain everything that is need from chapter 1-6. You must make reference to your textbook in order to achieve the best marks, if you see a mistake on the print out on yo...
o conflict of interest
o Bribes and corruption
o Unauthorised use of funds
o Inappropriate gifts
o Sexual harassment
o Unfair Employment / advertising
labour issues
o Pricing of goods
o Piracy Counterfeiting/
Bootlegging Taxation
o Whistleblowing
o Insider trading"
What is Ethics:
Ethics is what is seen as right or wrong in the eyes of the business.
Codes
o Ethics code – what to do and what not to do.
o Code of conduct - values and beliefs.
o Professional code – aim to regulate the behaviour of
people participating in a particular profession.
Ethical theories:
o Principle-based theory
o Consequence-based theory
o Utilitarian theory
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