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What is the definition of ethics? comprises organizational principles, values, and norms that may originate from individuals, organizational statements, or from the legal system that primarily guide individual and group behavior in business. When do ethical decisions occur?
Study with Quizlet and memorize flashcards containing terms like Why is it important to have liquid assets?, 1. What is cash management?, 1. What is a liquid asset? and more.
Study with Quizlet and memorize flashcards containing terms like Define 'ethics' and 'business ethics', Describe the following ethical examinations: descriptive, analytical, and normative., Discuss Ethical Egotism and Utilitarianism and more.
Introducing business ethics. Business ethics is not a real concept as the rules and ethics of everyday life don't apply to the world of business. Business Ethics is the study of business situations, activities and decisions where issues of right and wrong are addressed.
Liquid assets allow you to cover unplanned expenses without having to interrupt your long-term investments or liquidate any tangible assets.
Ethics deals with questions of whether practices are acceptable. Business Ethics can be defined as. Comprises principles, values, and standards that guide behavior in the world of business. Principles. Specific boundaries for behavior that are universal and absolute i. Freedom of speech, civil liberties. Values.
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Jan 22, 2023 · An asset's liquidity is a function of how easily it can be converted into cash. In corporate finance, liquid assets are those that can be used to pay off debts in a hurry. The most common...