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Legal and Ethical Business Environment Paper

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LEGAL AND ETHICAL BUSINESS ENVIRONMENT
The business environment is all external and internal factors that influence the operations of
the business. These factors include the employees, demand and supply, management, customer
needs and expectations, clients, owners, suppliers, government policies, technology
advancement, social trends, market trends, economic changes among others. For positive growth
of any business, both internal and external factors must be ethical and legally accepted.
INITIAL PERSPECTIVE
As stated above in the business environment description, it is essential to understand how
these factors affect business both from within and outside. While there isn't any standard weight
to justify the most valued or standard procedure to come to a consensus of what ethical and legal
environment entails, there are the generally accepted standard behaviours that take precedence
depending on one's interest. The procedures to reach the generally accepted standards rely on
one's profession, religion and or socio-political status.

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ETHICAL CONSIDERATION IN SUPPORT
The generally accepted standard behaviours for positive growth of business hold beliefs that
have no particular precedence as each varies depending on an individual or profession.
Continuous update of these behaviours is mandatory to keep in touch with the current
advancement in technology. Again, with developments in standards of living and progress in
education technology, it is undeniably right to come to a nearly precise or more transparent
understanding of what the generally accepted behaviour means. As Hobbes explains, the
acceptable standards with a specific reliance on the supernatural being (God) can relatively be
approved by the majority with a clearer understanding of the set goals.
FIRST INITIAL: ETHICAL CHANGE OF LAW
With the advancement in technology and more precise understanding of what the general
public wants, it is necessary to accept changes in law as in most cases the law and ethical values
clash at one point or another (Frederic G. Reamer 15). Frederic argues that laws must be obeyed
at all cost but admits that some rules are unjust considering the prevailing circumstances. At this
point, it is right to consider changing the laws to avoid a violation by the general citizens of
goodwill.
FIRST INITIAL: ETHICAL MAINTENANCE OF THE LAW
Just like the tools and machines should never run without preventive maintenance measures,
so should the laws. Most businesses run into losses of about six percent annually due to
negligence of ethical maintenance of the law. Once the potential customers have noticed
negligence in handling problems related to moral values, they seize to do business with the

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Surname1 Name: Instructor: Course: Institution: Date: LEGAL AND ETHICAL BUSINESS ENVIRONMENT The business environment is all external and internal factors that influence the operations of the business. These factors include the employees, demand and supply, management, customer needs and expectations, clients, owners, suppliers, government policies, technology advancement, social trends, market trends, economic changes among others. For positive growth of any business, both internal and external factors must be ethical and legally accepted. INITIAL PERSPECTIVE As stated above in the business environment description, it is essential to understand how these factors affect business both from within and outside. While there isn't any standard weight to justify the most valued or standard procedure to come to a consensus of what ethical and legal environment entails, there are the generally accepted standard behaviours that take precedence depending on one's interest. The procedures to reach the generally accepted standards rely on one's profession, religion and or socio-political status. Surname2 ETHICAL CONSIDERATION IN SUPPORT The generally accepted standard behaviours for positi ...
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