The Conceptual Foundations of Business

  • Clarence Walton
Part of the Issues in Business Ethics book series (IBET, volume 11)


It is an overworked truism to say that today’s business leader needs a breadth of view and depth of perception not demanded of his nineteenth-century predecessors. Two factors, particularly, operate to make difficult the actual realization of the businessman’s stated need. The first is the large corporation whose many-sidedness makes synthesis difficult to achieve. Divided as it often is into a line-and-staff hierarchy designated as Operations and Services, it today employs not only technical specialists, skilled labor, and salesmen, but a wide variety of professionals who have brought into it knowledge from many disciplines. Indeed, professionalization itself is both cause and effect of our division-of-labor concept. The facile way we speak of the human being as “economic man” or “political man,” the way we tend to identify people not by what they are but by what they do—accountant, farmer, lawyer—are examples.


Moral Judgment Conceptual Foundation Modern Business Mortgage Insurance Mortgage Insurance Company 
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Copyright information

© Kluwer Academic Publishers 1998

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  • Clarence Walton

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