Lp4 Assignment: Section 1 Of The Writing Intensive Project

LP4 Assignment: Section 1 of the Writing Intensive ProjectName:Institutional Affiliation:Business EthicsEthics play an important role in business decision making. The ethics provide a set of standards or guidance that shape individuals’ behavior which helps in making critical decisions on how to act when faced with range of situations. Therefore, business ethics relate to making of choices and reasons the choices are made. This essay will reflect on various personal aspects of ethics and reasons why I hold various ethical stances.According to Ferrell and Fraedrich (2015), people who face ethical issues often base their decisions on their own values and their principles of right and wrong. Therefore, people have their own ethical or moral orientation which forms the basis of their decisions. The moral orientations usually arise from various factors during their formative years. In my own perspective, there are various aspects that have shaped my current moral orientation. One of the factors is my religious perspective. I grew in a deep religious background with strict adherence to religious teachings. The religion molded my personality and behavior which has influenced my decision making. I define the aspect of right