THE 101 QUESTIONS AND RESPONSES Q. 1. Isn t \"business ethics\" a contradiction in terms? This is a frequently asked question, typically the first to arise in any discussion of this kind. It doesn t have to be a contradiction in terms or an oxymoron. However~ for many years people in \" \" ,, business have had the reputation of needing to be ruthless in order to succeed. We ve all heard remarks and jokes that perpetuate such stereotypes and caricatures, to the effect that there is no such thing as an honest person in business. And, frankly, such comments would never be made unless there were at least some truth behind them on many occasions. This sort of thing was addressed at a business oriented club I belon to, Comm. onwealth Club of California g . the ~ ,umo me scanaalous atmosph of American business in the late 1980s: ere
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