Young, driven employees at large businesses always risk getting caught up in the “rat race.” Too often, this causes promising men and women to lose sight of their goals and replace them with hopes of raises, bonuses, and promotions. Money or power can easily become the ultimate symbol of success. Unfortunately, money and power do not care about morality, principles, or ethical codes. In fact, some may argue that those with the most questionable moral codes are also some of the most successful members of the business community. Whether or not this is accurate, it is a dangerous perception that can cloud the judgement of ambitious young professionals looking to quickly move up the ranks of a business hierarchy.
The business analyst must be immune to these factors that can influence the average businessman. It is essential that he or she stands by a moral code in the face of temptation. As someone who is looked upon as a communicator, mediator, and problem solver, a successful business analyst must work for the greater good of the company. This is the essence of a good business analyst’s moral code—always thinking what will be in the best interest of my client? How can I best meet their request in the short and the long run? The market should be able to select for analysts who adhere to this code. Businesses will recommend their services to others in need.
The business analyst’s role requires a consistent ethical standard of conduct in a way that other positions do not. Individuals and companies come to a business analyst for guidance and for advice. This puts the business analyst in a unique position of power. It is their responsibility to present the best work possible for the good of the company. A mediocre report could have huge...
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...eir likelihood to get a good recommendation. It is important to follow a moral code due to the high-stakes role of a business analyst. An unethical or dishonest report could have implications far beyond a single individual. Without a sense of trust and mutual respect, a business analyst can never succeed.
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Happiness has always been a desirable goal throughout our lives, but each actions we take might just affect the happiness of others. When humans seek happiness, we always seek for things that make us feel alive, or things that brings us the greatest comfort. Our contentment comes with the act of selfishness since we choose to prioritize our happiness above all other. We willingly classify happiness in two different types of meaning, both physical and mental happiness. People ought not be in title to happiness because it is classified in general as a physical desire by many people. Contentment is always known to be a physical satisfaction in life instead of a self-inducing satisfaction for life.
Trevino, L., & Nelson, K. (2011). Managing business ethics - straight talk about how to
Importance of ethics in the business world is superlative and global. New trends and issues arise on a daily basis which may create an important burden to organizations and end consumers. Nowadays, the need for proper ethical behavior within
In today’s global society, a Code of Ethics policy is used to label established, acceptable behaviors among that industry’s business associates, potential investors, and the corporation’s executive officers and employees, and most important, the consumer (Ethics Resource Center, 2003). In an attempt to promote an increased efficiency and productivity potential level, among employees and prospective clients, a corporation’s standard Code of Ethics should guide its members toward a more in-depth examination of their personal moral activity, and how these actions affect the people or acquaintances they encounter. A company should utilize this strategy as a model for the professional behaviors and responsibilities of its constituents, and proves the occupational advancement of that business. Ethics are important in every level of a corporation, but specifically in the day-to-day actions of its members, and the image the company broadcasts to its associates is fundamental in building a stable business foundation. These pledges are a vital communication tool used to covey the firm’s standards for business operations, and predominantly, its relationships with the surrounding communities (Ethics Resource Center, 2003).
Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2013). Business ethics: Ethical decision making and cases: 2011 custom edition (9th ed.). Mason, OH: South-Western Cengage Learning.
I discovered how sticking to one’s morals should be the topmost priority for everyone involved in business, whether personal or professional. Regardless of what the consequences may be, the intensity of the problem, and the complexities it may bring, sacrificing one’s integrity should never be an option, as integrity goes hand-in-hand with the morals of an individual (Duggan & Woodhouse, 2011). They further go on to say that having individuals take part in building a code of ethics that supports employee integrity, they will act ethically. Also, I believe that companies should place more emphasis on the moral behavior of their employees, and clear-cut policies should be set regarding such ethical situations. Furthermore, I realized how serving justice while making decisions really helps in the long run, and that opting to go for the ideal rather than they deserved is not always the best option, and could hurt a company in more than one
Obviously, happiness is quite hard to attain. There is no fairy godmother to wave a wand and grant us happiness. We must go out into the world and seek it out for ourselves. What most people fail to realize about happiness is that it is different for everyone. There is no formula for happiness, only a set of guidelines to help us on our way. We should follow the golden mean and strive for goodness, whatever that may be. In the end, it seems that if we try our best to be good and moral human beings, we might just stumble across happiness in the process. Hey, what can I say, love it or hate it, that is just the way life works.
When working within any professional body, an individual will be subjected to circumstances in which personal ethics will come into play. The Accounting profession is no different as ethical questions arise as part of any working day and can effect how an individual or the company conducts business. These questions can vary greatly in practice from selection of new customers to the rates at which those clients are going to be charged. These ethical questions are raised regularly within the workplace and each employee will react to them differently. The varying reactions will depend on the morality of each individual, or each employees own ‘ethics’. As each employee has their own set of values companies must be alert to the fact that some of their employees may have more ‘flexible’ morals than others. This ‘flexible’ morality can lead to corruption and manipulation within the workplace and can give companies serious problems. As a result of this, all of the main professional accounting bodies have begun to re-introduce mandatory courses teaching ethics to their employees. As well as this, ‘A Guide to professional ethics’ was published which contains a number of different principles in order to govern the behaviour of accountants and also to identify and reduce the greatest areas of risk with respect to unethical behaviour.
Treviño, L. K., & Nelson, K. A. (2007). Managing business ethics: Straight talk about how to do it right Fourth ed., Retrieved on July 30, 2010 from www.ecampus.phoenix.edu
Ethics are the driving force behind good business. Every ethical choice made by a professional can and will have a much different outcome than any unethical choice. Bad ethics can ruin many aspects of a business and as (Gaye-Anderson, 2007) states how quite easily the lives and professional reputation of the employees can even be severally damaged (para. 3). Everything from morale to motivation can be severely affected by poor ethical choices. Customers will take their business elsewhere. Employees will abandon ship. Other, competing businesses reap the benefits of the bad moral choices. Ultimately, the entire business can be brought down by one poor ethical choice.
As a child growing up, parents would teach their kids that realizing certain milestones in life, such as, getting A’s in school, getting accepted into an Ivy League college, having a respected career, having a trusted income, living in a two story home, marrying the love of your life, having well-rounded kids, pretty much living the American dream with the perfect family, will make us happy. The honest truth is that even obtaining all of these things listed above has nothing to do with happiness. The Oxford English Dictionary defined the word happiness as “the quality or condition of being happy;” it sounds fairly easy to define, but happiness isn’t just “being happy”. If the word was that easily interpreted, than many people wouldn’t misuse it in different contexts or scenarios. Happiness is different from happy moments. Even though the word happiness is debatable, at the end of the day, it is what everyone is trying to attain.
Happiness is a feeling that comes from within. Scientists define it as chemical being introduced to the brain that causes this feeling, just like many other emotions one can feel on a daily basis. To each person that feeling of happiness can be caused by a multitude
Business nowadays encounter with a lot of moral challenges in today’s global economy. Everyone is thriving to be more successful than their competitors, to make their next profits, to keep their job, to earn a big bonus, or to compete effectively. There exists temptation to bend lines, omit information, and do whatever it takes to get ahead of their competition. Many business employees and executives succumb. Sadly, the theme becomes...
What is happiness? Different people have different ideas. Some people are rich, and they think they are happy. Other people have many friends, so they feel happy. Still others are happy because their lives are meaningful. Happiness attracts everyone. For children, happiness often suggests eating good food and playing with toys. For a stamp collector, stamps bring more delight than meals. And for a scientist, a discovery or an invention rather than anything else gives him the greatest satisfaction.