Final answer:
Ethical vigilance in business refers to paying close attention to whether one's actions are right or wrong and why one is behaving in that manner. It involves constantly assessing the moral implications of one's actions and decisions in the context of business.
Step-by-step explanation:
When paying close attention to whether one's actions are right or wrong and why one is behaving in that manner, it is referred to as ethical vigilance. In the context of business, ethical vigilance involves constantly assessing the moral implications of one's actions and decisions. It requires being aware of and adhering to ethical principles and norms, and striving to act in a manner consistent with those principles.
Examples:
- A business executive who regularly evaluates the environmental impact of their company's activities and takes steps to minimize harm, even if it requires additional costs or changes to established practices.
- A salesperson who consistently discloses all relevant information to customers, even if it means potentially losing a sale.