Ethical & Professionilsm
Ethical and Professionalism Essays -------------------------------------------------
Enterprises agree that ethical and professional behaviour are important aspects of the business environment. | Describe the principles of ethical and professional behaviour. Evaluate the issues that pose challenges to the business environment in terms of ethical/professional behaviour and comment on its application in the business enterprise Introduction - Enterprises realise that they cannot exist in isolation, but interact with the various environments. √ - Many institutions in South Africa have their own code of conduct and a commitment to ethical and professional behaviour. √ - Codes of practice have been developed to ensure that these issues are being addressed. Description of concepts: Ethics Ethics refers to a set of values that are morally acceptable in society which define right, good and fair actions. √√ Business ethics refers to rules and principles which influence the best business practice. √√ Businesses develop their own code of ethics for best practice. √√ Professional behaviour This is a set of standards of expected practices eg. treating people with respect √√ Specific occupational practices have developed their own code of professionalism. √√ Practical examples to explain the various issues: Taxation √√ The government needs revenue from taxation to provide essential services such as housing, education, infrastructure development and medical care. √√ Professional behaviour for businesses in this regard would be for businesses not to evade tax by falsifying financial records. √√ Company tax, VAT and personal income tax are some of the main sources of
Enterprises agree that ethical and professional behaviour are important aspects of the business environment. | Describe the principles of ethical and professional behaviour. Evaluate the issues that pose challenges to the business environment in terms of ethical/professional behaviour and comment on its application in the business enterprise Introduction - Enterprises realise that they cannot exist in isolation, but interact with the various environments. √ - Many institutions in South Africa have their own code of conduct and a commitment to ethical and professional behaviour. √ - Codes of practice have been developed to ensure that these issues are being addressed. Description of concepts: Ethics Ethics refers to a set of values that are morally acceptable in society which define right, good and fair actions. √√ Business ethics refers to rules and principles which influence the best business practice. √√ Businesses develop their own code of ethics for best practice. √√ Professional behaviour This is a set of standards of expected practices eg. treating people with respect √√ Specific occupational practices have developed their own code of professionalism. √√ Practical examples to explain the various issues: Taxation √√ The government needs revenue from taxation to provide essential services such as housing, education, infrastructure development and medical care. √√ Professional behaviour for businesses in this regard would be for businesses not to evade tax by falsifying financial records. √√ Company tax, VAT and personal income tax are some of the main sources of