Business Ethics



Business Ethics

Introduction

The concept of ethics is one used and referred to constantly in our routine lives. It is reflected in most aspects of our lives, such as in the relationships one forms. It is ever present in behavioral approaches taken by a person, as well as their management abilities. The character of an individual who is basing their life choices and decisions on ethical principles in their daily life are one such example of ethics. Thus, it goes without saying the ethics must be applied to business as well, to ensure continued achievement of organizational goals and successive performance. The motivation behind arrangement of ethical beliefs in business appear at a preliminary stage, from recruitment, selection and training of an employee till the day they retire. In businesses around the world, the concept of trust as well as confidence are vital ingredients in order to ensure success, hence business owners constantly try to incorporate these into their own practical lives and that of their business. As is the case in International Relations, the morality and beliefs of one nation cannot be treated with anything but suspicion unless the nation has sound moral values as well as reliability ands trust among their traits. In the same way, business ethics that are thoroughly incorporated in the corporate culture of an organization are likely to boost businesses to succeed.

The answer to questions of trust building lie in the ethical models we perform. Committing to high moral values at the place of work enables the employees to perform their duties with ease. Additionally, they resolve to stay devoted to the responsibilities allotted to them and attempt their best to accomplish them in time. If ethically sound individuals, they will not discriminate particular tasks expected of them, thus profiting the organization. I will be analyzing business ethics as well as corporate social responsibility in this paper and will form a detailed examination of related concepts.

Discussion

In the corporate environment, when one mentions business ethics it is usually in the context of three situations. One, it may be about avoiding breaking criminal law in whatever task one is assigned, or various other work-related activities. Second, it might refer to the avoidance of actions that may be considered felonious and the individual performing them ends up configuring civil law suits made against their organization. Thirdly, it might deal with the organizations image in the corporate environment. A professional image is vital for organizations to survive In the cut-throat world of today, where competition is fierce and newer techniques to take over sales are thought of every day. Since each of these three actions revert to loss of money, each business task requires a lot of attention and forethought before final actions are completed. Unbiased and objective decision making abilities are vital to a good performance achieved by professionals; hence they are able to build an aura of responsibility as well as reliability.

Deviation from company policies must definitely be avoided so as to perform well, and emphasis ...