Preview

Ethics in a business since

Good Essays
Open Document
Open Document
486 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ethics in a business since
Ethics in a business since, is the principles and standards that determine acceptable conduct in business organizations. The acceptability of behavior in business is determined by customers, competitors, government regulators, interest groups, and the public, as well as each individual’s personal moral principles and values. Social responsibility is defined as a business’s obligation to maximize its positive impact and minimize its negative impact on society. Although many people use the terms social responsibility and ethics interchangeably, they do not mean the same thing. Business ethics relates to an individual’s or a work group’s decisions that society evaluates as right or wrong, whereas social responsibility is a broader concept that concerns the impact of the entire business’s activities on society.
If there were a car wash in my neighborhood that decided to use bikini-clad ladies to dry off cars as they leave to up their business, I personally would enjoy it very much. Sadly thought, I wouldn’t be able to approve of a move like that to be done if I were an alderman in the city government. Why I wouldn’t be able to approve of a business move like this is because, it goes against a lot of ethical and social responsibilities. Many consumers and social advocates believe that businesses should not only focus on making a profit but they should also consider the social implications of their activities. Having half naked girls drying off cars may get a car wash company extra business but, they would also be offending a lot of people which could lead to public outrage, negative advertisement and loss of customers.
If a city ordinance has been proposed about requiring all sales of alcoholic beverages take place no closer than two city blocks, there would be some ethical and social responsibility issues. There are two sides to an ethical and social responsibility argument in this case. Why there are two sides is because if this ordinance were enacted to

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Business ethics will mean many things to different people. Words that might come to mind in association with hearing discussions about ethics might be morality, judgement, principles, values, and standards. It’s not the law binding someone to behave ethically, but more a moral compass to decide right from wrong. Social responsibility are related to ethical behavior in that it being concerned with maximizing profits to an organization without negatively impacting the environment. Company Q did excel in their ethical behavior, but failed on their social responsibility.…

    • 536 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Ethics

    • 2743 Words
    • 11 Pages

    In marketing sales and business activities, take their potential client to strip club is normal strategy or approach that salespersons will use to get straight down to business and sign the contracts, and it always will get a perfect result, but it also has many public opinion in society. Xavier who is a CEO of an American bond trader stated that if you can have a happy and good night with client, the more than 80% marketing shares will wave to you, and strip club always have the relationship with commercial activities (Frank. 2007). In fact, do business activity in strip club doesn’t have specific legal rule, in particular in American (Frank. 2003). And more and more sales managers and client are willing to accept this way to discuss business. But for social ethics, it should be unethical and unacceptable, because it is the discrimination for women, because business not only have men but also have women.…

    • 2743 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    The Penny

    • 1962 Words
    • 8 Pages

    social responsibility, an organization's obligation to maximize its positive impact on stakeholders and to minimize its negative impact. Philosophers increased their involvement, applying ethical theory and philosophical analysis to structure the discipline of business ethics. Companies became more concerned…

    • 1962 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 519 Words
    • 3 Pages

    This paper will compare the Franciscan Values with Kohlberg’s Levels. Cardinal Stritch University is a Catholic Institution of higher education. Cardinal Stritch was found and is sponsored by congregation if the Sister of St. Francis of Assisi. The Franciscan Values are Creating a Caring Community, Showing Compassion, Reverencing All of Creation, and Making Peace. The Kohlberg`s Three Levels and Six Stages of Moral Reasoning Lawrence Kohlberg, a professor of psychology in the University of Chicago, he created his own theory of moral development. The theory is based on children‘s reasoning, when facing moral dilemmas, however, Kohlberg went far beyond that and created a common theory for all ages. Under his theory moral thinking passes through six separate stages, which are broken into three levels. This paper aims to compare the Franciscan Values…

    • 519 Words
    • 3 Pages
    Good 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
  • Good Essays

    Business Ethics

    • 1334 Words
    • 6 Pages

    Crisp makes a credible argument that the Pongo Peach and Grecian Formula 16 ads were guilty of overriding the consumers' autonomy because they deceived the consumer by leading them to believe that the products were better than what they were. They used the consumer’s insecurities about themselves to make their products more appealing, causing the consumer to act on desires, rather than rationality. The problem with this type of advertising is that when people take a chance on something based on impulse, rather than facts. They risk their autonomy, which makes them want to purchase the product. I believe that Crisp’s rebuttal of Arrington’s four notions is valid. Autonomous desire is the first desire and fulfills the second desire, which is rational desire and choice. Free choice is the third desire, and finally, the fourth desire is control or manipulation. When it comes to the morality of “subliminal” advertising, my opinion is that it is simply business, and if business are going to profit, they have to use whatever tactic necessary to sell their product.…

    • 1334 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Unit 45 Business Ethics P2

    • 1070 Words
    • 5 Pages

    Most businesses today are concerned about the impact of their activities on the business environment. Ethical concerns and greater consumer awareness have resulted in many businesses promoting their social values to ensure competitive advantage. Business ethics embraces corporate social responsibility and ethics relating to accounting practices, marketing, human resource management, and production.…

    • 1070 Words
    • 5 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

    • 1328 Words
    • 6 Pages

    Economist define declining marginal utility of money as the following a utility is a definitions used to explain how much value…

    • 1328 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Business Ethics

    • 1142 Words
    • 5 Pages

    Determine the impact of this event on ARC’s “benefits of business ethics” (employee commitment, investor loyalty, customer satisfaction, and bottom line).…

    • 1142 Words
    • 5 Pages
    Better 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
  • Powerful Essays

    Business Ethics

    • 3082 Words
    • 13 Pages

    The Custom Woodworking Company is a small-to-medium sized custom furniture and cabinet making company, with head-office and a spacious plant site at Industrial Estates, Someplace, BC. Its Chairman and Chief Executive Officer is Ron Carpenter now in his late-sixties. His wife Mrs. Emelia Carpenter, being an aggressive business woman and somewhat younger than her husband, now effectively runs the company. Ron Carpenter is affectionately known to all as "Woody" and so the company is generally known as "Woody's". Woody, after an apprenticeship as a cabinet maker, started his small furniture manufacturing business back in 1954 and he and his wife moved to their present location in 1959. The company quickly gained a reputation for attractively designed and well constructed furniture, using imported hardwoods and indigenous softwoods for its products. Woody's now produces custom furniture to order, several lines of furniture for wholesaler/retailers, and a number of variations of standard kitchen and bathroom cabinets, including units made to order. Over the years the Carpenters continued to prosper and built up a loyal staff and work force. More recently their son, John Carpenter, has joined the company's management after having obtained a commerce degree at the local university. At John Carpenter's insistence, lured by longer production runs and higher and more consistent mark-ups, the company has moved into subcontract work supplying and installing counter-tops, cabinets and similar fixtures for new commercial construction. To date, Woody's has established a well-founded reputation for supplying millwork to the construction industry.…

    • 3082 Words
    • 13 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
  • Satisfactory Essays

    Business Ethics

    • 394 Words
    • 2 Pages

    I would not continue to do business with a factory who does not improve working conditions. If changes that need to be made have been made clear and no progress has occurred, I would not continue to do business because safe and healthy working conditions are a basic human right. No…

    • 394 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Business Ethics

    • 1397 Words
    • 6 Pages

    • • • • • • Course format Overview of topics Mode of assessment Background to Ethics History of Business Ethics Role of Business Ethics Today…

    • 1397 Words
    • 6 Pages
    Powerful Essays