Emerging Business Ethics Issues

Stakeholders play a major role in the business arena, they are charged with the responsibility of ensuring their organization is a safe environment not only for themselves but for their employees. In a seemingly competitive and morally flawed world, business people and entrepreneurs are often presented with grave ethical challenges. For this reason their personal values and beliefs play a pivotal role in the success of the organization. When concealing doubts about the ethics of others, more than a few tend to feel warranted in engaging in less-than-ideal conduct to protect their own interests. Because of these politics, in most circumstances even the most cultivated moral quarrels are unlikely to lessen this behavior. More often than not most people tend to believe that this morally self-protective behavior is responsible, in large part, for much undesirable dishonesty in the business arena.

In Chapter three of Business Ethics textbook (O.C. Ferrell, 2011, 2008), titled “Emerging Business Ethics Issues” some these concerns are addressed. When reading this chapter it is important to note key objectives. The authors’ intent in this thought provoking chapter is to provide the reader with knowledge on how to identify and examine ethical issues in the context of organizational ethics as well as how they relate to basic values, delineating abusive and intimidating behavior, and to examine the challenge of determining an ethical issue in business (O.C. Ferrell, 2011, 2008).

Defining and Examining Ethical Issues

When defining ethical issues in the context of organizational ethics, one must first be able to recognize what an ethical issue is in order to take the appropriate course of action. According to (O.C. Ferrell, 2011, 2008), a...

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It’s important for stakeholders to recognize these type conflicts and decide whether business actions and decisions are being perceived as ethical or unethical which requires stakeholders to be ethically aware of all issues that could potentially harm the integrity of the organizations and its employees. In order to do this, stakeholders must be able to determine exactly what an ethical issue in business is. Although some situations may appear pretty apparent there are others that will require more in-depth evaluations.

Works Cited

O.C. Ferrell, J. F. (2011, 2008). Business Ethics: Ethical Decision Making and Cases. Mason Ohio: South-Western Cenage Learning.

University of Maryland University College. (2004). Contract and Negotiations. In Ethics in Negotiation (chap. 11). Retrieved 2004 from http://polaris.umuc.edu/~bgoodale/admn628/0402/lesson11.html