Effects of law and ethics on business
Purpose of Assignment
The purpose of this assignment is to differentiate between law and ethics, understand how both affect today’s business environment, and identify the importance of alternative dispute resolution in business.
Assignment Steps
Develop a 1,050-word summary contrasting law and ethics describing the following:
- Describe how laws or regulations affect your past or current job or industry.
- Describe how ethical rules affect your past or current job or industry and explain why ethics are considered an asset to a workplace.
- Discuss the various types of alternative dispute resolution (ADR) and analyze which types of ADRs are regularly used in your workplace.
Answer Preview
In general, these laws are in place with the aim of easing how people transact their businesses and to ensure the environment is conducive. Furthermore, this law protects various people involved such as the businessmen, the consumers together with the suppliers. Examples of such…
(1091 Words)