The Importance Of Ethical Business Dilemma

Angela is faced with the knowledge that her neighbor’s nephew Jaden, Angela’s coworker, will most likely be losing his job in a few weeks and Angela just learned that Jaden is about to put down a deposit on a house. Like any good person Angela is probably feeling the urge to tell Jaden not to put a deposit down and go and look for a new job. However, Angela has a higher position in the company and is not privileged to divulge such information. Angela is at a crossroads; she could tell Jaden and save him from a financial burden or follow the rules and keep the information to herself. For example, if Angela tells Jaden, Angela could be faced with a lot worse than just loosing her job. Angela will most likely be in breach of contract from her company, not only will she be

Money is the cause of a majority of unethical decisions in business. For example, overcharging customers, underpaying employees, and scamming stockholders are just a few of the unethical things performed at companies around the world. Employees need to understand that having ethical business values will create a more positive workplace. Places that are viewed in the community as being honest are more likely to succeed in the long run and are less likely to run into problems over issues that have nothing to do with the business itself. Companies today operate in a 24 hour media frenzy where anything and everything is a story. When faced with unethical decisions employees need to be able to look towards their leadership and their company’s core values. However most of the time employees need to look at themselves and decide whether or not they want to be an honest person who conducts themselves to the highest standards of business (Exploring business, 2014 pg 71, 72). Companies can establish all sorts of ethical guidelines, but at the end of the day it is up to the individual to carry out an honest day’s