CRITICAL BUSINESS ETHICS IN GLOBAL WORKPLACES
INTRODUCTION
Ethical practices in an organisation can be seen differently by different people. Different tools and concepts has been developed to distinguish wrong from right by many philosophers and also the undesirable from the desirable in the corporate world of business. Therefore ethics has a greater place to emphasis on the behaviour of organisation and human actions in the world. Many philosophers with their struggle in understanding the behaviour of human beings developed different means in which ethics can be approached and this leads to various conclusions.
According to Paliwal (2006), ethics is involve with the systematizing, defending and recommending concepts of right and wrong behaviour. Thus, it could be said to be the principles, norm, values which indicates what is fair or unfair, true or false. This could be argued that the right is seen to be ethical and the wrong is seen as unethical. Hence, when it comes to being ethical doing the right thing is the best action that serves the idea of honesty, integrity, morality and good management practices (Paliwal, 2006)
The nature of ethics can be liken to deal with individual conduct which is voluntarily carried out and not because of the circumstances in which one find themselves. Hence, there is total choice of freedom and freewill attached to any of their decision making.
In any organisation, ethical practices should be applicable to any organisational behaviours because there are rules which governs the activities of the organisation which may be judged. The moral standard of any organisation can be applied to the organisational policies, behaviour and institutions.
Milton Friedman had believed that the “primary and the only responsibility is making profit” while abiding by the law. Others argued that any company with self-interest pursuing profit will automatically benefit the whole society. Edward freeman in his argument said shareholders should not only benefit from the business but the
Ethical practices in an organisation can be seen differently by different people. Different tools and concepts has been developed to distinguish wrong from right by many philosophers and also the undesirable from the desirable in the corporate world of business. Therefore ethics has a greater place to emphasis on the behaviour of organisation and human actions in the world. Many philosophers with their struggle in understanding the behaviour of human beings developed different means in which ethics can be approached and this leads to various conclusions.
According to Paliwal (2006), ethics is involve with the systematizing, defending and recommending concepts of right and wrong behaviour. Thus, it could be said to be the principles, norm, values which indicates what is fair or unfair, true or false. This could be argued that the right is seen to be ethical and the wrong is seen as unethical. Hence, when it comes to being ethical doing the right thing is the best action that serves the idea of honesty, integrity, morality and good management practices (Paliwal, 2006)
The nature of ethics can be liken to deal with individual conduct which is voluntarily carried out and not because of the circumstances in which one find themselves. Hence, there is total choice of freedom and freewill attached to any of their decision making.
In any organisation, ethical practices should be applicable to any organisational behaviours because there are rules which governs the activities of the organisation which may be judged. The moral standard of any organisation can be applied to the organisational policies, behaviour and institutions.
Milton Friedman had believed that the “primary and the only responsibility is making profit” while abiding by the law. Others argued that any company with self-interest pursuing profit will automatically benefit the whole society. Edward freeman in his argument said shareholders should not only benefit from the business but the
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