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Social implications of business ethics
Impact of ethical issues on business activities
What is the role of religion in business ethics
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Did you know that an average adult makes over 35,000 conscious decisions a day? Decisions are a part of our everyday lives, whether we are aware of it or not. In the business world, decision making is vital to an expanding company. It is well known that success in the business arena is determined by good and ethical business decisions; but what is good and ethical decision making? Unfortunately today in the U.S. “unethical vents are continuing in the business arena and now more than ever these business judgmental shortcoming focus attention on the ethics of business executives” because of faulty leaders who occupy the decision making position (Comegys). Good ethical decision making in the business world is difficult to find, especially when …show more content…
Vitell mentions in his Journal of Business Ethics, that “while the link between religion and business may go back centuries, indeed millennia” its presence in the contemporary business world has only surfaced 50 years ago. Vitell also compares a businessman’s responsibility to contribute to human satisfaction to that of charity in religion to show that religion and business ethics have a lot to learn from each other. Religiosity is the key factor when incorporating religious philosophies into business decisions. Religiosity is “ a belief in God accompanied by a commitment to follow principles believed to be set by God” (Vitell). Religiosity is the driving force behind why people choose to include religious philosophies into their business. The morals and ethics that are reflected in their beliefs will be shown through the …show more content…
Having a business based of off religious principles allows it to connect to others who share a common faith. To violate one’s freedom of religion means upsetting the mass of people who believe in the free practice of religion. This freedom ensures that people will have a voice in the community that they live in, and have an equal opportunity. In the United States 71% of people identifies themselves as Christians in 2014 according to pew research. With well over half of the United States sharing the same faith, Christian companies will definitely be able to thrive if they establish similar religious philosophies in their business as well as in the choices that they
Alexander Hill, Just Business Christian Ethics for the Marketplace. Downers Grove, Ill: IVP Academic, 2008. Paperback. $14.95Jessica Burt
Throughout your life, you’ll face tough decisions where you'll have to decide possibly against your ethical beliefs. Ethics don’t necessarily always have to involve law abiding. It’s rather about trusting your moral path and doing the right thing. Dori Meinert is the author of “Creating an Ethical Workplace” she explains the thought behind the never black or white decision making when it comes to businesses. Can businesses truly trust those individuals hired to steer their companies? It was mentioned that last year 41 percent of U.S. workers said they observed unethical or illegal misconduct on the job, according to the Ethics Resource Center's 2013 National Business Ethics Survey. Meinert’s article was not only eye-opening but very truthful since we’ve all been faced or witnessed unethical decision making. Once employees see individuals breaking the rules and regulations others will then think it's okay, which could result in employees leaving or major hoops for companies to jump through. When we tolerate misconduct we lower productivity and diminish the reputation of a company. Meinert mentioned that if
The world seems to look at business as the root and means of many forms of evil, even Christians. It is easier to see the lies and deceit behind many business deals and even successful business than it is integrity and honesty within the realms of business. Why is it that the business world seems so tainted by sin? These are the issues that Wayne Grudem addresses in his book, Bussines for the Glory of God: The Bible`s Teaching on the Moral Goodness of Business. Grudem specifically develops arguments for why 11 specific aspects of business are actually fundamentally designed to glorify God rather than cause evil. Grudem doesn’t only want believers to see these Biblical truths but also nonbelievers. His hope is that the business world be the one in which we see the world transformed by the Gospel. He hopes that each individual can and will take heed of the Biblical truths regarding business and hold fast to them, overcoming sin and temptation, in order to bring glory to the God who created it all. Two of the specific aspects he addresses are employment and borrowing and lending. Grudem develops an argument for each of these aspects as to why they are fundamentally good and why and how they each provide individually many opportunities for glorifying God. Grudem effectively fleshes out how employment is a biblical principle starting with Jesus words himself, “The laborer deserves his wages.” (Luke 10:7) Grudem uses
Ramona faces a difficult decision after her trip to the headquarters of Next Step Herbal Health. Next Step offered her a lucrative starting salary plus commissions, and a junior manager position. Ramona should not take the position with Next Step due to its questionable business practices, the dismissiveness of the Next Step recruiter when questioned regarding the company’s ethics code and the CEO exhibiting non-ethical and immoral behavior.
Of the many possible ethical dilemmas that people could face in the business world, the article: “The ‘Do Whatever It Takes’ Attitude Gone Wrong” portrays particular ethical situations in todays business world that are very common: poor social responsibility and its negative effects. Social responsibility is considering what affects business decisions and products have on society. The article reveals what goes on behind the scenes at a business in terms of poor ethical decision making and how often it occurs. It mainly focuses on how business decisions are made without consideration
Managing Conflict Between Religion and Human Resource Management Legal/Ethics: Hobby Lobby. Introduction and Purpose In Matters of Faith: Making a Good Faith Effort to Accommodate, Patricia Digh writes, “Religion is often an important aspect of a person’s identity” (shrm.org). She continues, “Religious devotion and diversity are on the rise in the United States, and the combination of these trends is creating new challenges and new demands for employers. As a result, handling employees’ future requests for religious accommodation may require Human Resource (HR) professionals to demonstrate greater sensitivity, tolerance and understanding of various religious beliefs”.
To apply this system of moral values effectively, one must understand the structural levels at which ethical dilemmas occur, who is involved in the dilemmas, and how a particular decision will affect them. In addition, one must consider how to formulate possible courses of action. Failing in any of these three areas may lead to an ineffective decision, resulting in more pain than cure.” Ken Blanchard states, “Many leaders don’t operate ethically because they don’t understand leadership; these executives may have MBA’s from Ivey League schools or have attended leadership training; they may routinely read the best-selling management books, however, they don’t understand what it means to be a leader.” They don’t model a way of ethical behaviors.
Still, major concern with boundary crossing in treatment is the potential, differential between therapists, and clients and how therapists may use or abuse the power. Therapist are hired for their professional expertise, which consequently gives them an expert- based power over their clients (Zur, 2007, p. 47). Husted could have asked herself should I cross this boundary (i.e., is it ethical to keep a “secret” of into a relationship with a client) or what are the opportunities plus advantages of carrying out rather not carrying out the sexual performance (risk of either accepting or rejecting of the client).
Bush, S. S., Connell, M. A., & Denney, R. L. (2006). Ethical Practice in Forensic Psychology: A Systematic Model for Decision Making. Retrieved from http://dx.doi.org/10.1037/11469-001
On April 24th, 2014, one simple recording released by TMZ made Donald Sterling, owner of the NBA’s Los Angeles Clippers, the most hated man in America. In this recording, Sterling ranted over the fact how he did not want V. Stiviano, his partner, to be affiliated with any African Americans. As a result of his racist statements, fans, athletes, and sports organizations/members, voiced their opinions on the matter, flourishing social media. Many star players such as LeBron James, Michael Jordan, Magic Johnson, and a majority the Clippers players acknowledged that something had to be done, and that the NBA is no place for racism. In the end, after team owners took a vote, NBA commissioner Adam Silver held a press conference enlightening the public
For this paper Washington Mutual has been selected to show how the ethical decision making process can be achieve. When it comes to business ethics in the workplace Washington Mutual has designed what can be considered a well balanced workplace with behaviors that are aligned with their moral values and business ethics. Business ethics are sometimes depicted as resolving conflicts where one option can appear to be the correct choice. There are many different ethical dilemmas that are faced by managers and leaders everyday that are highly complex and have no clear choice or guidelines to assist in making the choices for resolution. There are times when an employee has to decide whether or not to cheat, lie, steal, or break their contract. These ethical decisions are real-life situations where they are forced to make on a daily basis. This is why it is ultimately important that all employee know the six steps to ethical decision making that the company uses.
Faith in the workplace offers various degrees of complexity. The rights of individuals coupled with the requirements of organizations presents a daunting task. Hence, employers must utilize all the resources at their disposal such as the EEOC in order to fairly and adequately align business objectives with accommodating employee religious practices. Moreover, in order to manage conflict, resentment, and misunderstandings the organizational culture must transform into an environment of inclusiveness, understanding, and continuous communication.
The term “ethical business” is seen, by many people, as an oxymoron. This is because a business’s main objective is to make as much money as possible. Making the most money possible, however, can often lead to unethical actions. Companies like Enron, WorldCom, and Satyam have been the posterchildren for how corporations’ greed lead to unethical practices. In recent times however, companies have been accused of being unethical based on, not how they manage their finances, but on how they treat the society that they operate in. People have started to realize that the damage companies have been doing to the world around them is more impactful and far worse than any financial fraud that these companies might be engaging in. Events like the BP oil
Business morals are a type of expert morals that analyzes moral standards and morals or honorable issues that emerge in a matter. Business morals apply to all parts of business behavior and its pertinence to the behavior of people and business association in general. This paper will focus on whether or not Ramona Alexander should sign a contract with Next Step Herbal Health Company. I will outline discussion points and draw my conclusion from the following ethical concepts, integrity, honesty, business code of ethics, and biblical, to suppose my decision as to why I would advise Ramona against signing a contract with Next Step Herbal Health.
Introduction Generally, ethics is defined as standards of performance that explain how human beings should opt to react during many circumstances in which they meet with friends, citizens, parents, teachers, children, professionals, and businesspeople, among others. However, ethics is different from feelings, as feelings make significant information’s available for our ethical preferences. Although some people possess highly mature behaviors that cause them to feel awful when they get involved in the wrongdoings, most of the people normally enjoy doing bad things. Ethical decision-making And frequently people will feel uncomfortable when they are mandated to make difficult decisions.