Preview

Business Ethics

Powerful Essays
Open Document
Open Document
2471 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Ethics
What is Business Ethics? Business ethics is exactly the same as normal ethics, and that knows what is right or wrong, and learning what is right and what is wrong in a business environment. Then doing the right thing, but "the right thing" is not as straightforward as explained in many business ethics books. Most ethical dilemmas in the workplace are not simply a matter of "Should she steal from him?" or "Should he lie to his boss?" Businesses cannot function without ethics, why? Society dictates a set of rules and conformities and seeing as all businesses strive after common goals it means that these goals can only be achieved on the basis of standards, values and morals in society. It can be assumed that business life has to be called 'moral' as well. As in society, standards and values are spontaneously formed once people come that's when morals come into effect, and when businesses decide on implicit or explicit ways to achieve certain goals and then are agreed on. Businesses in general are working on the basis of an ethics that settles different interests. The standards and values within companies can be characterized as mutual respect. In this respect it is in everyone's interest, and is considering people as an end in themselves, not as a means, reciprocity and fairness. This ethics is passed down and filtered to a group of stakeholders who have an interest in the company.
In the business world these days it is important to make good ethical decisions. Ethics are among ones everyday life. Everyday someone is faced with some sort of ethical decision. Now just because something maybe legal does not mean it is ethical. In my current job, I am faced with ethical decisions everyday. I am in charge of the hiring for my department and I do close to ten interview a day. I am faced with decisions like should I hire someone with better looks and a bad interview, or should I hire a person with not so good looks and a great interview. Sometimes you are faced

You May Also Find These Documents Helpful

  • Powerful Essays

    Business Ethics

    • 2743 Words
    • 11 Pages

    Galen McDowell was a good salesperson who knew how to purchase the higher performances out of the salespeople under him. Bob wanted to sign a big contract with Kinan Motor who was his potential client, so he gave this assignment to Galen, and Galen got this opportunity to promote his value to the organisation. Then he made the plan to take them to a strip club which is called Red Ruby.…

    • 2743 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 664 Words
    • 3 Pages

    CH2O is a company that blends chemicals to create products such as acid cleaners, and then ships the blended chemicals in drums to the customers. After the drums containing the chemicals reaches the customer, CH2O asked that the customer returned the drums to be reused. Once the drums were returned, the company cleaned the drums themselves, and wastewater was produced in the process. Because the local sewer authority would not accept the wastewater, CH2O discharged the wastewater illegally by means of an apartment complex drain and a warehouse owned by the company. CH2O continued to dispose of the produced wastewater by these means until 1995, when investigations emerged on CH2O for discharging pollutants into the sewer. Iverson, the founder, president, and chairmen of the board for CH2O, was charged with four counts of violating the Clean Water Act (CWA), the Washington Administrative Code (WAC), and the City of Olympia’s Municipal Code (Olympia Code), and was found guilty. Iverson then appealed the case, but his arguments were found to be invalid.…

    • 664 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business Ethics

    • 2424 Words
    • 10 Pages

    Chandler, D. (2009). The perfect storm of leaders’ unethical behavior: A conceptual framework. Retrieved from http://www.regent.edu/acad/global/publications/ijls/new/vol5iss1/IJLS_Vol5Is1_Chandler (2).pdf…

    • 2424 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 434 Words
    • 2 Pages

    Another good example of its good ethics is in 2007 when the Kellogg Company announced that it would phase out advertising its products to children under age 12 unless the…

    • 434 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Business Ethics

    • 1977 Words
    • 8 Pages

    Three general principles will guide the move towards sustainability. Firms and industries must become more efficient in using natural resources; they should model their entire production process on biological processes; and they should emphasize the production of services rather than products. Versions of the first principle, sometimes called eco- efficiency, have long been a part of the environmental movement. "Doing more with less" has been an environmental guideline for decades.…

    • 1977 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 943 Words
    • 4 Pages

    Shaw and Barry distinguish two different forms of utilitarianism. What are these two forms? Briefly describe each and use examples.…

    • 943 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Business Ethics

    • 764 Words
    • 4 Pages

    A: Karl has to deal with some ethical and possibly legal issues in the marketing of his game “Breakaway”. It is an issue ethically simply because he himself has to find out it is suitable to market a game that primarily gives its focus on nudity, violence, and gambling. When it comes to legal issues, is it legal to market these things in foreign countries and on the Internet? This is what he needs come to reality with and needs to think about. If they have the ability to market this game in other countries, then they would have to change different parts of the game for the countries that Will has looked into targeting the game.…

    • 764 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Ethics

    • 2580 Words
    • 11 Pages

    Public sector net debt was £1,039.5 billion at the end of August 2012, equivalent to 66.1% of GDP.…

    • 2580 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Business Ethics

    • 1334 Words
    • 6 Pages

    Answer: Business ethics refers to the study of proper business policies and practices, with regards to the potential controversial issues such as corporate governance, discrimination, bribery among others (Madsen & Shafritz 1990). Business ethics are often guided by law and at times they provide a basic framework that businesses can choose to follow in a bid to acquire public acceptance. They are implemented so as to ensure that a particular required level of trust is in existence between consumers and the different types of market participants with the business entities. For instance, a portfolio manager has an obligation to give a similar consideration to the portfolios of family members and small individual investors. Such acts ensure public equality.…

    • 1334 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Business Ethics

    • 1110 Words
    • 5 Pages

    The problem to be investigated is the effect and consequences of the Sarbanes-Oxley Act. The main purpose of the Sarbanes-Oxley Act of 2002 was to improve the public trust and confidence in financial reporting provided by public companies and increase in the transparency of their reports (Jennings, 2012).…

    • 1110 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 956 Words
    • 4 Pages

    Ethics and moral obligations are issues we all encounter at one time or another. In the professional setting, all people should act in a manner that would uphold the good of society. To be ethical, one has to determine their obligations, moral ideas, and moral philosophy (Boatright, p. 19, 2009). The case analysis involving Jacob Franklin was a perfect example of how an individual can face the dilemma of doing what is right or wrong. Businesses have their own code of ethics, and the employees within the business have to determine whether or not they will follow the company’s code of conduct. I will discuss several ethical issues in the case analysis including; failure to report information, remaining silent regarding faulty equipment, and paying cash as a form of consideration to clients once the contract was signed. Ethical behavior in business is consistent with the principles, norms and standards of business practices agreed upon by society (Boatright, p.4, 2009). Jacob Franklin decides to go against the code of ethical behavior for job security and personal gain.…

    • 956 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Business Ethics

    • 7229 Words
    • 29 Pages

    Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has both normative and descriptive dimensions. As a corporate practice and a career specialization, the field is primarily normative.…

    • 7229 Words
    • 29 Pages
    Good Essays
  • Good Essays

    Business Ethics

    • 1603 Words
    • 7 Pages

    1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse, but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model, the sales representative is not sure that the subsequent deliveries can be made on time. Any delay in converting to the new system would be costly to the customer; however, the blame could be placed on the manufacturer. Should the sales representative close the deal without advising the customer about the problem?…

    • 1603 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Business Ethics

    • 18525 Words
    • 75 Pages

    force of any legal/social obligation. The key word here is VOLUNTARILY. It is about choosing to do some thing that is not mandated by the law or not doing some thing that is permitted by the law but may cause harm to some one. Ethics are not universal.…

    • 18525 Words
    • 75 Pages
    Good Essays
  • Good Essays

    Business Ethics

    • 607 Words
    • 3 Pages

    Based on the analysis of the ethical strengths and weaknesses of Satyam, we have identified several aspects to improve the corporate social responsibility and ethics of the company.…

    • 607 Words
    • 3 Pages
    Good Essays

Related Topics