Final answer:
An example of an ethical structure is a formal statement of company values, which acts as a code of ethics guiding company and employee conduct. These ethical guidelines are integral to corporate responsibility and cover a range of issues including non-discrimination and environmental stewardship, with an emphasis on the moral obligations corporations have toward stakeholders.
Step-by-step explanation:
An example of an ethical structure is b. a formal statement of company values. This formal statement serves as a code of ethics, outlining the principles and expected conduct of the company and its employees. In addition to setting standards for behavior within a company, such ethical codes are also seen in professional organizations, where adherence to these codes is required for membership. Within the field of business, ethics extends beyond mere compliance with the law; it encompasses corporate responsibility and reflects societal values. Codes of ethics can include specific guidelines on issues such as non-discrimination, environmental stewardship, and proper handling of conflicts of interest. An essential component of business ethics is analyzing the moral obligations of corporations toward various stakeholders, including employees, shareholders, and the community at large.
The role of business in society and the influence of ethical decisions on both internal and external environments is a critical area of study in business ethics. This includes understanding consequences, such as the impact of software ethics on human life and privacy as seen with the IEEE-CS's Software Engineering Code of Ethics and Professional Practice. Thus, implementing ethical structures within businesses is a way to navigate and balance corporate interests with wider societal and moral considerations.