Business Ethics Case Study

The following will revel Business ethics and the ramifications of principles, problems and training. To have business ethics means to have a system of rules based off moral principles set by an organization or individual, separating what is right and wrong. It involves applying general ethical principles and standards for business activities, behavior and decisions. Ethics in the business world are important because they help develop the customer and employee relations. In recent years, business ethics has become crucial in the success for companies specifically in the clothing and food industry. All organizations have a responsibility to become ethically acceptable exposing the sense of corporate wrongdoing. Business ethics is a discipline

Handling ethical issues in the workplace requires a steady and cautious approach to matters which can potentially be dangerous or illegal. When dealing with ethical issues an organization first needs to identity the problem first these problems the organizations needs to identified. When you realize these problems the planning for a solution begins. Many companies take the indirect approach to handle these problems. They will set up mandatory seminars relating to the company’s code of ethics. There are also structured programs involving problems like sexual harassment and equal opportunity. This produces less of a possibility of an ethical incident occurrence including having a strict chain of command enforcing the standards at which the company chooses to follow. This creates an environment where the leadership in charge crushes any incident of unethical behavior having zero tolerance policy when these matters occur. If the leadership does not follow the same ethical policies the organization will lose credibility, setting a corrupt example for subordinates to follow. It is the individual’s responsibility from the employee to the CEO of the company to not tolerate this