Business Ethics

1776 Words8 Pages
Outline : A) General overview. B) Utilitarian theory. C) Kant theory. C) Rawls theory. D) Conclusion. Foreword: This research paper discusses theories in business ethics. It also considers three cases that illustrate ethics principles violation. Thesis: Nowadays in the era of economic relations and international trade business ethics plays a very important role. Nowadays in the era of economic relations and international trade business ethics plays a very important role. It is of vital importance at any level of activity: corporate, state or international. Questions of corporate social responsibility and business ethics are engaging business more and more - both domestically and internationally (Sims 2006). This tendency is emphasized by outrageous cases in international trade illustrated by violating rules of ethical behavior. Rules and regulations on ethics and behavior are affected unavoidably by basic values about the goal of company in the community. However, some organization members think the only social goal of a company is to gain benefit. On the other hand, other members consider that that the goal of a company is much wider than one of gaining profit and that all those participants who are influenced by the firm's activity - shareholders, staff, consumers, suppliers, the domestic society, babies (in particular concerning environmental protection) - have a reasonable concern and commitment in the corporate activity. Many of these commitments are important to a company whether it is domestic or international in its activity. Nevertheless, international companies face specific difficulties and requirements and above those operating only in local market. The first situation we were given to c... ... middle of paper ... ...ies to accord with the bounds of justice" (Megan 2006). More and more corporations carry out international operations as a routine of their everyday functioning. However, the situation is complicated by the differences in cultural values and behavior. To hold its goodwill and reputation a company must follow business ethics principles. Sometimes the owners of the corporations ignore ethics rules and regulations that causes unfair practice in business. I should admit that unfair practice is more spread in business sphere than just operation. Bibliography 1. Egland, L. (2006). Business Ethics. Retrieved February 26, 2008 from 2. Megane, C. (2002). Rethinking Business Ethics: a Pragmatic approach, NY. Routlage. 3. Sims, R.R. (2006). Teaching Business Ethics for Effective Learning. London, Westport.
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