71203 Business Ethics Assessment Answer Solution PDF | Open Polytechnic

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Written By: Daniel Wright Daniel Wright
Published: 23 Jan, 2026
Category Assignment Subject Business
University Open Polytechnic (OP) Module Title 71203 Business Ethics

71203 Business Ethics Introduction

Business ethics refers to the application of moral values ​​and principles to business decisions and practices. In today's competitive world, organizations are expected to generate profits while also acting responsibly towards employees, customers, society, and the environment. Ethical practices help businesses build trust and achieve long-term success. This assignment focuses on ethical reasoning, key ethical principles, and how they are applied in real-world business situations. It also sheds light on common ethical challenges faced by modern organizations......More

Table of Contents

1. Introduction
2. Ethical Inquiry in Business
3. Major Ethical Theories
3.1 Utilitarianism
3.2 Deontological Ethics
3.3 Virtue Ethics 
4. Ethical Decision-Making in Business
5. Application of Ethical Theories in Business Situations
Case Scenario Example
6. Contemporary Ethical Issues in Business
6.1 Whistleblowing
6.2 Environmental Responsibility
6.3 Fair Labour Practices
7. Conclusion 
8. References

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