Business Ethics

Table of Contents

Introduction1

Discussion1

Importance of Business Ethics3

Business ethics issues4

Conclusion6

Business Ethics

Introduction

Business ethics often appears in the news about financial and accounting scandals, swindles; industrial and environmental disasters, and featuring abuses by companies and their executives. This is responsible for direct damage to consumers, workers, savers, investors, government, environment, etc. Business ethics is the attempt to subdue criticism of these institutions ubiquitous, whose owners, managers or governing bodies wield immense power of dubious legitimacy.

Discussion

Ethics in business plays an important role in preserving the rights of all the entities related with a certain company or entrepreneur. For instance, it prepares better and creates moral managers, which from the other side these managers have distinct and exemplary attitude with stockholders and employees. Furthermore, moral managers treat stockholders equally and with the same fairness and honesty as they would treat their shareholders. Most importantly moral managers not only make sure that the code of ethics is implemented in every field of the company, but they enhance its development. In relation with their employee, moral managers treat them fairly and with dignity and they respect employee rights, liberty and ethical choices. Also, moral managers have high regard for customers, they introduce them safe and legal products with a reasonable price by not tricking them (Lucy, 2011).

In the discussion of business ethics we often hear about corporate responsibility in connection with the environment. Large companies usually linked to areas such as chemical and manufacturing are under pressure to pay attention to social responsibilities. It should be noted, among other things, the selective pressures that are generally targeted at business when all people and all activities actually have moral responsibility (Jackall, 1988, 21). The responsibility should be placed in evidence whenever there is an injury to rights in any area concerned. Personally, although it is controversial, do not share the notion of limited liability

So for a successful business one area that should get top priority is ethics, because it helps in facilitating the path for achieving organizational goals. Since, in most operations in a business, these days are run by personal computers it's needed to be explained the IT ethics in organization. IT ethics these days deal with a range of additional issues (beside that of the use of PC) together with copyrights, computer law, anti cyber piracy etc. What is to be underline is that the main goal of IT ethics is the incorporation of human principles in the development process of technologies. Needles to say that even in the IT ethics there are born some management issues. For instance in a business managers through the IT may have a huge amount of information regarding their employee, which from a third party this would be considered as unethical because of privacy maters (Judith, 2004).

The collection of information brings up another issue related with the ownership of this last one. From the privacy point of view, the person who made the information has the rights because that is something personal, but if we analyze the property rights viewpoint ...