Ethics And Values In Business Ethics

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Introduction
According to Adri, Cecile and Theuns(2014:93) business ethics are “written or unwritten code of principles or values that govern decisions and actions within an organisation. In this piece I will be focusing on the importance of ethics and values in business sustainability and how important is business leadership in the success of business organisations.

1. The importance of ethics and values in business sustainability.
The relationship between ethics and values.
Unethical behavior is mostly influenced by the individual’s values. Since values lie behind the all the decisions we make, it follows they rest at the very core of the life we’ve made for ourselves through the decisions we’ve done Paul (n.d:1). The choices people make can also be influenced by their beliefs and their background. Employees are attracted to an organisation and work as loyal employees if they can associate with the ethics, values and norms of the organisation. So Ethics, values and culture therefore play a critical role for all stakeholders of an organisation.

Ethical issues
There are various ethical issues in the business context. One of the issues identified in South Africa is the transformation by shedding the racist apartheid legacy into a democratic country where the basic right of people are all protected. It has been witnessed by a lot of people that a South Africa is a democratic country, whereby we now see a black person wining a case in court against a white person. And on the business side the economic growth in South Africa has strengthened substantially since the end of apartheid (vivek, 13). Some of the key issues are corruption, whistle blowing, plagiarism in business and sexual harassment.

• Corruption.
Corruption include ...

... middle of paper ...

... publicity of the organisation. On the second discussion we found that leadership in business is important since it shapes the organizational context. Therefore leadership is important in the success of the business.

References
1. Arora, V. (n.d), Economic growth in post-apartheid South Africa: A growth-Accounting analysis. Inquiry, 14: 13-22.
2. Women Watch China (2010), Guide on prevention of sexual harassment in the workplace. Inquire, 8: 7-9.
3. Drotskie A, Nieuwenhuizen C and Oosthuizen T (2014) Business management. Roodepoort: Future Vision Business Consultants (FVBC).
4. Chippendale P (n.d), Ethics, values and principles. [Retrived from: http://www.minessence.net/PDFs/AVIAccred/Newwiz3_ch1_values_ethics_principles.pdf] 5. University of Notre Dame Alliance(n.d) What makes an effective leader. [Retrieved from: http://www.notredameonline.com/resources/ ]
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