Business Ethic is an Oxymoron?
QUESTION 2: BUSINESS ETHIC IS AN OXYMORON?
INTRODUCTION
When car manufacturers produce cars due to their customers need cars, it damages the environment and became a causing factor of global warming. For the society, is it an ethical behavior? The organization itself think this behavior is ethical because manufacturers do the 'right' thing which is increasing profit for the corporation and meet the needs of their customers, others will regard it as an ethical problem because it destroys the living environment. There is a contradiction of business ethics and this essay will discuss whether 'Business Ethics is an oxymoron or not'. It will compare the traditional and modern role of managers and then the essay will provide some ethical theories to explain the reasons of views that business ethics is or isn't an oxymoron. In addition, it will provide the demonstration of the importance of ethics in corporations. The essay will give some examples to present how business and ethics mutually work in the business fields and evaluation of some controversial cases by using non-consequences theory as well. Finally, there will be a short conclusion.
REASONS
Ethics in general refer to the rules and principles of being right and wrong conduct (Richard ,2010). However, ethics in business environment is more complex when it involves all of organizational aspects. It has a strong influence on the effectiveness of companies (Sargent, 2007). But, not all organizations doing their business ethically and they indeed avoid doing ethically because they regarded it as a barrier to achieve their goals. The reasons that why organizations choose doing unethically is influenced by their views of the relationships between social responsibility and organizational goals. There are two main opposing views of social responsibility which are classical view and socioeconomic view. The classical view says that management's only social responsibility is to maximize profits (Branco & Rodrigues,
INTRODUCTION
When car manufacturers produce cars due to their customers need cars, it damages the environment and became a causing factor of global warming. For the society, is it an ethical behavior? The organization itself think this behavior is ethical because manufacturers do the 'right' thing which is increasing profit for the corporation and meet the needs of their customers, others will regard it as an ethical problem because it destroys the living environment. There is a contradiction of business ethics and this essay will discuss whether 'Business Ethics is an oxymoron or not'. It will compare the traditional and modern role of managers and then the essay will provide some ethical theories to explain the reasons of views that business ethics is or isn't an oxymoron. In addition, it will provide the demonstration of the importance of ethics in corporations. The essay will give some examples to present how business and ethics mutually work in the business fields and evaluation of some controversial cases by using non-consequences theory as well. Finally, there will be a short conclusion.
REASONS
Ethics in general refer to the rules and principles of being right and wrong conduct (Richard ,2010). However, ethics in business environment is more complex when it involves all of organizational aspects. It has a strong influence on the effectiveness of companies (Sargent, 2007). But, not all organizations doing their business ethically and they indeed avoid doing ethically because they regarded it as a barrier to achieve their goals. The reasons that why organizations choose doing unethically is influenced by their views of the relationships between social responsibility and organizational goals. There are two main opposing views of social responsibility which are classical view and socioeconomic view. The classical view says that management's only social responsibility is to maximize profits (Branco & Rodrigues,