Idica, Daniel 4TE-3
Lim, Lovella Christia
Mangalindan, Czarina
Manuel, Hazel Mitz
Marcelino, Francesca
A. Good business is good morals.
Strongly Agree. Good business is good morality because the business can not prosper if you are treating your employees right. They cannot work at their best if you treat them wrong.
B. No business person who is “going places” can afford the luxury of worrying about morals.
We strongly disagree because no matter what it is how you treat other people that matters.
C. Every business person operates on the basis of some moral philosophy, whether he is aware of it or not.
Strongly Agree. Individuals have a moral responsibility, in doing activities day by day they are always guided by the principle of right
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We learn and know business ethics not because of the fact that we want to meet the expectations of the other people but we want to be professional and knowledgeable in dealing with different business problems and issues. Business ethics teaches us on how to deal and adapt the different culture of foreign investors, employees, bosses, and co-workers. Business ethics is not only about dealing with people it is also about knowing how to handle the different situation in business like on how to handle business problems with professionalism. We need to learn business ethics not because we want to meet their expectations but because we want the business to strengthen our work force by knowing the culture, the behavior, and the values of the people we are dealing …show more content…
As we characterize a simple definition of Moral Value this is the accepted basis of right and wrong which leads an individual's behavior and choices. A person can base or determine their morals from the government, society, self and religion. To exemplify this, a moral value that is develop from within oneself can demonstrate by how their behavior evolve from toddler to young adults up to adults. This is where a person can determine what is right and wrong and how to discipline their selves when it comes to making decisions between what is morally acceptable and unacceptable from childhood to adulthood. Another example that can also driven an individual's moral value is Religion. Having knowledge that every religion has it's own rules and regulations as well as guidelines when it comes to expressing their faith and love with the Lord. This is where Christians moral values come from the choices and decisions they made between what God has ordered them to do and denying one's will just to satisfy ourselves. On the other hand, Religious Values is what an individual assumes of themselves based on the Faith and belief of the religion they practice. This religious value helps one's individual when determining what choices to take, actions to do, whether to do what is morally good or take on a different pattern. A simple example is there is a different religious values between a Christian and Islam. That is why our group agree's on Moral Values and Religious Values
Business ethics are a the codes of conduct and company lays out so it's employees follow a righteous moral compass that's in the same direction as the company's.
In my conclusion, business ethics is the key to a successful business. Personal values plays a main factor to help you in business. “Whatever you do, work hearty, as for the Lord and not for men” (Colossians 3:23). In my business and personal life, I will make sure everything I do is from the heart and for the Lord. I will never put materialistic things over the works and calling of the
Importance of ethics in the business world is superlative and global. New trends and issues arise on a daily basis which may create an important burden to organizations and end consumers. Nowadays, the need for proper ethical behavior within
When running a business ethics plays an important role in the success of the business. “Ethics is the study of those values that relate to our moral conduct, including questions of good and evil, right and wrong, and moral responsibility” (pg. 2). Every individual will have a different set of moral codes. Moral codes are shaped by your personality, environment and religion. In this scenario and throughout this paper you will come to understand how our moral code of ethics plays a role in our daily decisions.
Values are a core set of beliefs and principles by one or many. A number of factors contribute to the development of values. These include membership in a community or culture, attitudes, beliefs, and behaviors. Values determine what is important in decision-making. Ethics involve conduct, the ability to determine right and wrong. All organizations face ethical dilemmas. Organizations develop corporate social responsibility in reaction to the values and expectations of society. Corporate social responsibility initiatives aim to protect public health, safety...
I discovered how sticking to one’s morals should be the topmost priority for everyone involved in business, whether personal or professional. Regardless of what the consequences may be, the intensity of the problem, and the complexities it may bring, sacrificing one’s integrity should never be an option, as integrity goes hand-in-hand with the morals of an individual (Duggan & Woodhouse, 2011). They further go on to say that having individuals take part in building a code of ethics that supports employee integrity, they will act ethically. Also, I believe that companies should place more emphasis on the moral behavior of their employees, and clear-cut policies should be set regarding such ethical situations. Furthermore, I realized how serving justice while making decisions really helps in the long run, and that opting to go for the ideal rather than they deserved is not always the best option, and could hurt a company in more than one
Ethics in business is a highly important concept, as it can affect a company’s profits, salaries paid to employees and CEOs, and public opinion, among many other aspects of a business. Ethics can be enforced by company policies and guidelines, set a precedent when a company is faced with an important decision, and are also evolving thanks to new technology and situations that arise due to technology usage. Businesses have a duty to maintain their ethical responsibilities and also to help their employees enforce these responsibilities in and out of the workplace. However, ethics and the foundation for them are not always black and white. There are many different ethical theories, however Utilitarianism, Kant’s Deontological ethics, and Virtue ethics are three of the most well known theories in existence. Each theory is distinct in that it has a different quality used to determine ethicality and allows for a person to choose which system of ethics works best with both the situation and his or her personal ethical preferences.
However, the selection of an appropriate business model reflects ethical practice that yields to ethical considerations could benefit from a Christian worldview into their business practice perspective. “Someone with a Christian understanding of the unconditional value of life, cannot be careless in the workplace about products and quality-standards that pose a threat to the lives of consumers or employees. Neither can someone who believes that humans have the responsibility to cultivate and protect nature, be careless about pollution and ozone- depletion. In the same way, someone with a conviction that special care should be taken of the unfortunate in society, cannot be unconcerned about employment practices that cause hardships for employees in their old age (Kim et al.,2009).” Employees that share Christian worldview may add to the efficiency of a business’s operations.
Ethics are the driving force behind good business. Every ethical choice made by a professional can and will have a much different outcome than any unethical choice. Bad ethics can ruin many aspects of a business and as (Gaye-Anderson, 2007) states how quite easily the lives and professional reputation of the employees can even be severally damaged (para. 3). Everything from morale to motivation can be severely affected by poor ethical choices. Customers will take their business elsewhere. Employees will abandon ship. Other, competing businesses reap the benefits of the bad moral choices. Ultimately, the entire business can be brought down by one poor ethical choice.
Business ethics can be interpreted in various ways. Therefore, it comes as no surprise that there are many different definitions of business ethics. The most generally acknowledged definition states that business ethics “is a set of corporate values and codes of principles, which may be written or unwritten, by which a company evaluates its actions and business-related decisions.” It should be mentioned here that business ethics is not only relevant to the conduct of the company as a whole, but also to the conduct of individuals within that company. Besides, it applies to all aspects of business conduct.
...cker, Murphy, and Friedman questioned the legitimacy of connecting anamorphic characteristics, such as moral and social judgment and duties, to an intrinsic body. This is not to say that they promoted immoral conduct by company employees or owners. Rather, they offered a supplemental, more rational way to oversee their behaviors; they did this by laws and the utilization of professional codes of conduct (Murphy, 2009). Business ethics imply the concept of social responsibility through ideas that remain divergent. The moral analysis of business practices and activities come down to business ethics because in business ethics, businesses consider their actions and decisions as well as take into consideration moral principles and values, while questioning whether ethical motives in business actions could make business more responsible, ethical, or any more successful.
In the business world there are many fundamental aspects and situations that can lead to several issues. In order to find an optimal and professional solution, business decision makers need to apply moral and ethical standards. And it is at that moment in which business ethics perform its role. Business ethics, which is in charge of examine how companies and individuals should act in business situations, is very essential in order to reach a common agreement and to work within the laws of business and solve an arisen dilemma. Working of the hand of ethical business companies, employees, investors, directors, and even individual officers can be beneficiated and obtain most favorable outcomes.
Managers also should understand that their personal moral philosophies can be influential as a guide to other employee. Moreover, it should be understood that moral philosophies offer standards for controlling how conflicts are settled in reference to people life’s concerns. Additionally moral philosophies influence how corporation devise business strategies and resolve specific ethical issues (Ferrell, et al., 2013, p. 153). With that said it should be noted that not one specific moral philosophy is accepted universally. This fact is proven by viewing how moral philosophies is used to are used to endorse certain economic system and the conduct of people in those systems.
Ethics is simply doing the right thing. In the business situation ethics are the moral concept of a firm getting through it organizational duties ethically.
There is ways to help people learn and get used applying ethics in the workplace. Take Clorox for example, to keep their ethics strong and present they require their employees to take part in annual online training with ethic courses, even after that they go through refreshment courses throughout the year covering various ethical practices and relevant laws, these courses remind employees how to treat certain situations and what to do when it comes to unethical decisions. Not a lot of companies do this and for them to do this tells us a lot about the company. It shows us that they care and want their employees to be ethical and want to have a connection with their customers. This is very important because when people know you are ethical they build a relation with your company, they know that you truly care for their employees and customers. A lot of people like to have a connection with companies so if they like what you do and know what you do it’s good for the company.