Examlex
What are the advantages and disadvantages of joint ventures?
Moral Development
The process by which individuals develop their understanding of right and wrong, shaping their behavior and decision-making.
Ethical Standards
The principles and values that guide the behavior and decision-making process of an individual or organization, often reflecting societal norms of right and wrong.
Formal Policies
Officially established rules or guidelines within an organization that dictate certain actions or behaviors, designed to achieve consistency and compliance.
Preconventional
A level of moral reasoning in Kohlberg's theory where behavior is influenced by external rewards and punishments.
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