MY LIGHT AND SHADOWS Essay Example | Topics and Well Written Essays - 750 words

MY LIGHT AND SHADOWS - Essay Examplet short letter moral philosophy argon guided by law while others are just basic manikin through which a firm may choose to follow as a strategy to descend public acceptance. It therefore means that business morals are implemented by companies in entrap to a certain level of trust or acceptance between clients and different market stakeholders.A number of biblical scholars have tried to summarize what the Bible has to say about business ethics and so does scholars in business word (Schneider et al. 2003) . A good example is Frederic Phillips, former president of Philips Electronics and Jerry White, a biblical scholar (Richard, 2010). The deuce individuals provide Caux round table and biblical review of business ethics respectively. Caux bout Table and Whites biblical principles share a number of similarities in their invoke to explain business ethics. The two versions of business ethics for instance believe that the gentlemans gentleman bu siness participation should be actively involved in improving economic and social conditions that can ensure world peace and stability.Caux Round Table affirms this by arguing that business behaviors or practices the relationship among nations and the prosperity and public assistance of us all. In its first principle, Caux Round table concludes that business has a role to play in improving the lives of their employees, customers and shareholders through the wealth they create. In explaining the principle of the economic and social repair of business Caux Round table stipulates that business should contribute to economic and social development not only countries in which they are established but also the community as a whole (Spohn 2009). Whites Biblical principles share on the other hand through the third guideline, being a servant, explains how business impact live of not only their customers but also the community at large. The guidelines also advocate for fair(a) profits as a ny other high charges are likely to exploit the public.Both the two approaches to