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ISSN: 2344 - 102X
ISSN-L: 2344 - 102X
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Article from Volume 5, Number 4, Year 2017| THE ROLE AND IMPORTANCE OF ETHICS IN THE CONTEXT OF CYCLIC EVOLUTION OF BUSINESS | 
Download | | Author(s): Camelia Baesu | | DOI: 10.4316/EJAFB.2017.541 | | Abstract: The mission of ethics does not reside only in carrying forth the theoretical aspects of moralities,
but in being a practical, real guide in the instruction and improvement of ethical life of society. The
role of ethics is to assist people and institutions in decision making on what is best for them to do,
on which criteria to choose and which are their ethical motivations in their actions. In the analysis
of cyclic evolution of business in a company, irrespective of the position taken by the decision
maker, the economic conjucture in which that company carries on its activity must also be taken
into consideration. Therefore, the furtherance of a proper ethical behavior, both from the part of
managers and that of subordinates, has a huge importance with decisive impact on the final results
of the whole company on its market evolution. | | Keywords: Cyclicity, Ethics, Manager, Ethical Responsibility | References:
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