The Three Roles Of Business Ethics And Consumers
Business ventures range from a small town home owned business to a multi-billion dollar corporation, and each of those businesses has to make ethical business decisions to potentially have a successful business. Adam Smith, author of the Wealth of Nations, suggests that business transactions rely on self-interest or profit-oriented motives rather than goodwill (Donaldson n. pg). Although living in a capitalistic society, there are still ways of ethical business practices while making profit. Profit is often viewed as a negative word to many consumers; however, when the consumer recognizes the good that comes from profit supporting a business, such as one’s family, community, or society, they often seem more willing to help (Donaldson n.