Examlex
Rico, the owner of Simply Sushi, is a sole proprietor. What are the chief characteristics, advantages, and disadvantages of this form of business organization? Rico wants to obtain additional capital to expand Simply Sushi, but she does not want to lose control of the firm. As a sole proprietor, what is her best option to attain these goals?
Human Dignity
The inherent worth of all individuals, which entitles them to be treated with respect and fairness.
Corporate Culture
The shared values, beliefs, attitudes, and practices that characterize an organization and guide its employees’ behavior.
Cultural Relativism
The belief that there is no one right way to behave; ethical behaviour is determined by its cultural context.
Ethical Standards
Principles that govern the conduct of individuals and organizations, ensuring actions are morally right and in accordance with accepted social norms.
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