Ethical Behavior

Table of Contents

Introduction3

Discussion3

Ethics & the Law3

Ethical Theories4

Stakeholder Theory4

Utilitarianism Theory5

Moral Theory5

Ethical Decision Making6

Ethical Standards & Strategy7

Individual Ethical Issues8

Influence & Ethics8

Ethical Leadership9

Developing Ethical Organizations10

Ethics & Society11

Conclusion12

Ethical Behavior

Introduction

Business ethics generally result from an individual's own moral standards in the context of the political and cultural environment in which the organization is operating. Ethics are founded on moral principles that are themselves grounded in effects. This holds true whether you subscribe to the idea that a moral judgment must fulfill only formal conditions that are universal and prescriptive or whether you think it must also meet a material condition for the welfare of society as a whole (Miles, Huberman, 1994).

While it is true that the person responsible for the selection must take into account the policies and interests of the organization, you cannot ignore the fact that professionalism required to be fair and objective in carrying out its functions, which will involve the provision of a service efficient for both the client internally and externally, determining where it is convenient to complacency or benefit to both parties.

Discussion

Ethics & the Law

As mentioned by Herriot (1989) "Not everyone is equally unethical behaviour illegal, but in the exercise of the profession, any unlawful conduct is in itself unethical." In this ethical and legal dilemma is perceived a conflict , because if the organization to fulfil its purposes, leaves the legal and regulatory system, would be acting in an unethical and illegal way, so is responsible for the selection, which comply with the policies of the company , acting outside the law. Therefore, it is considered that the practitioner should proceed under an appropriate balance between the legal systems, social and business, because if it breaks this, tending to favour any of your employers, would be proceeding illegally, leaving aside its principles and its true what to do as a professional (Kreitner, Kinicki, 1992).

Ethical Theories

Stakeholder Theory

The stakeholder theory is a theory about how to manage "good" company, where "good" has a technical and economic sense. It is primarily a theory (or strategy) to ensure that a company does not break, do well long term and get maximum benefit. But suppose recognition that achieving this requires that the organization and its individual members, to adopt certain values, and follow a pattern of conduct that do not match the classic recipes to maximize profit accounting, and (ii) benefit of identifying the plural mode: the benefit not only means the yield or capital gain, but also job creation, its quality, sustainability (low environmental impact, etc) (Bartlett & Preston, 2000).

As for the issues, which predictably will fill this section, some examples are: exploration on the foundation of the moral obligations of companies and their discussions on the role of enterprises as global citizens (with more power than many states) in shaping a just world economic order and sustainable and ethical studies of corporate cultures (how it affects individual behavior, how it can transform, etc.) Professional Ethics of each business function (purchasing and procurement, advertising and marketing, accounting and finance, foreign and labor ...