Essay about What Are Business Ethics?

Essay about What Are Business Ethics?

Length: 1593 words (4.6 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

Introduction
In order to address the issue of right or wrong, the crucial starting point for business is the question of whether companies are actors who have to make decisions beyond simply producing goods and services on a profitable basis. The point is, if organizations are providing us great products and services to fulfill our needs and desires, hire best human resource to produce them and pay taxes on time, aren’t they are making a noticeable contribution to the society or do corporations have a moral responsibility, similar to what we as individuals have towards the society? Are organizations bound by a business conduct or ‘business ethics’ to keep practicing in the world? Questions on how to manage employees fairly, what are ethical responsibilities towards society, or what continues deception in advertising, are of equal importance for organizations such as Greenpeace, any democrat party; as they are for Volkswagen, Nestle, or Cadbury’s.

What are business Ethics?
Business ethics, it has been claimed, is an Oxymoron (Collins,1994). This simply suggests that there are not, or cannot be, ethics in the business (i.e., business is intrinsically bad). Till date, numerous scandals such as exploiting sweatshop workers, bribing government officials, deception of unwary consumers have featured the unethical ways of how some business houses go about their operations in the business world. Just that such derelictions take place, doesn’t mean that there are not some kind of values or thoughts driving such decisions. What we might consider as ‘bad ethics’, are ethics of some sort. It is thus important to understand as to why such decisions are made at first place, and whether or not more welcomed decisions and practices can be put int...


... middle of paper ...


...ovals and that happens from top management. Hence, the approach should be reversed giving employees a chance to be a part of the organization and making them feel that their participation and initiative matters.

Conclusion









Bibliography:

The Business Ethics Blog,. "Ethics: Definition". N.p., 2010.

Google Books,. "Managing Business Ethics". N.p., 2016.

University, Santa. "Calculating Consequences: The Utilitarian Approach - Ethical Decision Making - Ethics Resources - Markkula Center For Applied Ethics - Santa Clara University". Scu.edu. N.p., 2016.

Quora.com,. "What Was The Reason Behind The Bhopal Gas Tragedy? - Quora". N.p., 2016.

Wasserman, Todd. "Toyota: We Lied About Acceleration Glitches, Twice". Mashable. N.p., 2014.

Ou.edu,. "Untitled Document". N.p., 2016.

the Guardian,. "Ethical Business: Companies Need To Earn Our Trust". N.p., 2013.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Business Ethics Of The Business World Essay

- 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....   [tags: Ethics, Business ethics, Business, Consumer]

Strong Essays
1189 words (3.4 pages)

Business Ethics ( Business Law ) Essay

- Business Ethics ( Business Law) Business Ethics are a set of moral principles, that are established by corporations for rules and regulations. Ethics is the discipline dealing with what is good and bad and with moral duty and obligations. Such as employee theft and fraud, dishonesty and loafing on the job, substance abuse, absenteeism. Ethics are moral duties that many people use every day, ethics are the rules or standards principal of conduct how people live life and make decisions. Understanding ethics is observing what you accept as true and then think about how you would alter those beliefs when tested....   [tags: Ethics, Morality, Business ethics, Employment]

Strong Essays
1107 words (3.2 pages)

Ethics And Ethics Of Business Ethics Essay

- Ethics. Business ethics are moral principles that outline how a business is to perform. Often times, companies will help their employees understand what code of ethics they want them to perform by implementing company policies. One of the dilemmas involving business ethics is that there is not always a clear ‘right’ or ‘wrong’ answer. Because of this, sometimes business will develop an ethics training class specific to the company. This could be helpful for employees to have so they know how to handle specific issues that could arise in the workplace....   [tags: Ethics, Business ethics, Business, Management]

Strong Essays
1274 words (3.6 pages)

Alahmad and Murphy on Business Ethics Essay

- The first two journal articles that were compared and contrasted were Ala Alahmad’s 2010 article on To Be Ethical or Not to Be: An International Code of Ethics for Leadership and Patrick Murphy’s 2009 article on The Relevance of Responsibility to Ethical Business Decisions. Some key findings of Alahmad’s writings were that ethics and leadership were closely tied together; they were found to be derivatives of one another. He mentioned that ethics is an individual thought process of making good or poor decisions....   [tags: Business Ethics]

Strong Essays
970 words (2.8 pages)

Essay about Different Viewpoints of Business Ethics

- Introduction The purpose of this short paper is to compare and contrast three different peer-reviewed journal articles and one online periodical. First, the paper provides a brief introduction of the four articles. Second, the paper compares and contrasts the four articles. Finally, the author presents his views on the topic of social responsibility and business ethics before concluding the paper. Four Articles All four articles center their focus on business ethics. Of the four articles, three are scholarly peer-reviewed journal articles and one, by Friedman, is an online periodical....   [tags: Business, Ethics]

Strong Essays
2005 words (5.7 pages)

Essay about Business Ethics and Social Responsibility

- This paper will compare and contrast the various interpretations of four separate authors in respect to ethics and social responsibility as they apply to business. The four articles to be reviewed are; “The Social Responsibilities of Business is to Increase its Profits” by Milton Friedman, “The Relevance of Responsibility to Ethical Business Decisions” by Patrick E. Murphy, “What is ‘business ethics’” by Peter F. Drucker and “To Be Ethical Not To Be: An International Code of Ethics for Leadership” by Ala’ Alahmad....   [tags: Business Ethics ]

Strong Essays
2326 words (6.6 pages)

The Ethics Of Business Ethics Essay

- Business Ethics When one wants to know what is the study of proper business policies and practices regarding potentially controversial issues than I would give them business ethics (ACG, 2009-15). Although, policy and practices are just part of what is business ethic, addressing controversial issues remains a key principle of business ethics. Daft (2015) believes that building relationships require more intelligence and the more intelligence available the simpler we can identify business ethics....   [tags: Business ethics, Ethics, Morality, Business]

Strong Essays
1583 words (4.5 pages)

Essay on Business Ethics

- The Moral Compass essay Ethics relates to given principles that govern behavior and conduct of a human being. Business ethics on the other hand is the code of a conduct that a company or an organization abides to in the day to day operations with the public (Conjecture Corporation, 2011). Making profits and high volume sales should not be the only goal of a business, a good reputation to the public is also very important for the survival of a company. This has led to companies formulating their code of ethics for employees to adapt....   [tags: Ethics, Business, Leadership]

Strong Essays
3437 words (9.8 pages)

Essay about Business Ethics

- 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....   [tags: Business Ethics]

Strong Essays
1776 words (5.1 pages)

Business Ethics Essay

- In today’s global society, a Code of Ethics policy is used to label established, acceptable behaviors among that industry’s business associates, potential investors, and the corporation’s executive officers and employees, and most important, the consumer (Ethics Resource Center, 2003). In an attempt to promote an increased efficiency and productivity potential level, among employees and prospective clients, a corporation’s standard Code of Ethics should guide its members toward a more in-depth examination of their personal moral activity, and how these actions affect the people or acquaintances they encounter....   [tags: Business Ethics Morals]

Strong Essays
1180 words (3.4 pages)