Benefits of Ethics
Benefit of ethics in workplace
In this today's world there have been many fraudulent activities which have led to business failure. Therefore, this study aims to analyze the benefit of ethical aspect in workplace.
The concept of workplace ethics is far more complex than it appears at first glance. There are many facets including the company's obligation to its employees; and workers duties to their employer. There are the company's duties to related and unrelated third parties with customers and vendors counted among the related parties, and individuals that have no direct relationship with the company as unrelated parties.
Workplace ethics include characteristics such as trustworthiness, respect for others, personal responsibility for one's actions, and fairness in dealing with individuals inside and outside of the company, a caring and compassionate attitude, as well as good citizenship which includes a respect for the rights of others as well as a positive and enthusiastic attitude about work.
Many people are used to reading or hearing of the moral benefits of attention to business ethics. However, there are other types of benefits, as well. Firstly, Attention to business ethics has substantially improved society. A matter of decades ago, children in our country worked 16-hour days. Workers’ limbs were torn off and disabled workers were condemned to poverty and often to starvation. Trusts controlled some markets to the extent that prices were fixed and small businesses choked out. Price fixing crippled normal market forces. Employees were terminated based on personalities. Influence was applied through intimidation and harassment. Then society reacted and demanded that businesses place high value on fairness and equal rights. Anti-trust laws were instituted. Government agencies were established. Unions were organized. Laws and regulations were established.
Similarly, Ethics programs help maintain a moral course in turbulent times. As noted earlier in
In this today's world there have been many fraudulent activities which have led to business failure. Therefore, this study aims to analyze the benefit of ethical aspect in workplace.
The concept of workplace ethics is far more complex than it appears at first glance. There are many facets including the company's obligation to its employees; and workers duties to their employer. There are the company's duties to related and unrelated third parties with customers and vendors counted among the related parties, and individuals that have no direct relationship with the company as unrelated parties.
Workplace ethics include characteristics such as trustworthiness, respect for others, personal responsibility for one's actions, and fairness in dealing with individuals inside and outside of the company, a caring and compassionate attitude, as well as good citizenship which includes a respect for the rights of others as well as a positive and enthusiastic attitude about work.
Many people are used to reading or hearing of the moral benefits of attention to business ethics. However, there are other types of benefits, as well. Firstly, Attention to business ethics has substantially improved society. A matter of decades ago, children in our country worked 16-hour days. Workers’ limbs were torn off and disabled workers were condemned to poverty and often to starvation. Trusts controlled some markets to the extent that prices were fixed and small businesses choked out. Price fixing crippled normal market forces. Employees were terminated based on personalities. Influence was applied through intimidation and harassment. Then society reacted and demanded that businesses place high value on fairness and equal rights. Anti-trust laws were instituted. Government agencies were established. Unions were organized. Laws and regulations were established.
Similarly, Ethics programs help maintain a moral course in turbulent times. As noted earlier in