The Ethics Of Business Ethics In The Business World

Ethics in the business world in my viewpoint are a great thing for businesses. The term ethics, according to Understanding Business, is the standards of moral behavior, that is, behavior accepted by society as right versus wrong (Nickels, 2013). In the view of a consumer it would be ideal to have interactions with an ethically bound business. My personal standpoint in dealing with an ethically correct business would instill trust into the business. If I knew they weren’t handling things internally or externally the correct way my view and opinions would go down. When a business practices good ethics they are informing your consumer base about the decisions made. According the Business Ethics in the 21st Century, “I conceded that business

By being socially responsible they can show that they care about the community, environment, and the people. The business could do fundraisers, help donate to charity, do volunteer work, promote doing service for the good of others or any acts of kindness to show that they have a big heart. According to the Edward Lowe foundation “Giving back to the community through charity fund-raising or other worthy causes helps better the business” (Conroy, 2012). For example, a business like Kohl’s has a program called Associates in Action. This program allows the employees to do service for a variety of different programs to show that everyone can make a difference. This is good because it promotes their business in a positive light and shows their concerns with surrounding

This would be beneficial internally for businesses so they know what is happening inside their company. An example would be if an employee knew another employee was stealing from the firm, that informed employee would let his superiors be notified to handle the situation at hand correctly and in a fair manner. Also referring it back to good ethics amongst a business’ treatment of employees. A superior should also inform it’s employee’s if something weren’t going right or if they personally had messed something up along the way of supervising. If the entire corporation stands morally correct their ethics should be simply followed thus creating a cohesive