StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Business Ethics: Ethics In The Workplace - Essay Example

Comments (0) Cite this document
Summary
ETHICS IN THE WORKPLACE by [your name goes here] [your class name goes here] [your university’s name] [due date of the paper] Table of Contents Contents Page Abstract 1 1. Introduction 2 2. Literature Review 2 3. Case/Argument Review 11 4. Poor Ethics Contributed to Financial Crises 12 5…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Business Ethics: Ethics In The Workplace
Read TextPreview

Extract of sample "Business Ethics: Ethics In The Workplace"

Download file to see previous pages In the study, the researcher also included a brief review of the extent to which poor ethics contributed to the recent global financial crisis. A comprehensive literature review was done to gather information about the importance of ethics and corporate citizenship in building a positive image of the company in the minds of the public. A case analysis was done to prove the arguments about importance of ethics and corporate citizenship. The research proved that ethical decision-making, professional ethics, and corporate social responsibility play a vital role in improving organizational performance and productivity. 1. Introduction The concept of business ethics refers to a set of defined ethics that are required by a company to maintain its reputation in the market. Business ethics not only increase organizational value but also improve organizational effectiveness. Some of the core principles related to ethics that increase organizational effectiveness include ethical decision-making, getting facts from potential perspectives, recognizing and managing ethics, reducing the occurrence of ethical dilemmas, and using cross-functional teams while implementing an ethical management system in the company. Ethical conduct has become one of the main elements of a successful business. Employees of any company or organization need to show corporate social responsibility to fit into the definition of ethics as a practical manifestation of ethics in the workplace. In this paper, we will examine the extent to which ethical conduct is a vital element of modern organisations. We will also show how employee corporate citizenship proves as a practical manifestation of ethics in the workplace. Moreover, we will also focus the extent to which poor ethics have contributed to the recent global financial crisis. 2. Literature Review 2.1 What are Business Ethics? Business ethics refer to the conduct that employees and managers show while carrying out business activities (Stark, 1993, p. 41). Ethics are the backbone of the success of any business. Ethics take the business to the heights of success because they inspire people and all institutions related to the business (Joyner & Payne, 2002, p. 298). If a company does not incorporate business ethics in its daily activities and processes, it cannot achieve its goals and objectives in an appropriate manner. “Business ethics, like most areas of ethics, often tends to focus on principles of actions, on the action itself and its consequences” (Frederick, 2002, p. 30). According to Quinn (1997, p. 119), “business ethics is an area of growing public, corporate and academic concern”. In companies, ethical behaviors promote self-respect, self-esteem, and protection of basic rights of individuals and groups of people (Stark, 1993, p. 44). Business ethics also refer to the moral foundation on which employees build their professional careers. Typical definition of business ethics refers to the wrongness or rightness of behaviors (Lewis, 1985, 377). Some examples of ethical behaviors include fairness, truthfulness, honesty, respect, equality, sincerity, and helping other employees in fulfilling their job responsibilities. Employees need to show these behaviors to ensure discipline within their organization which in turn leads to increased organizational effectiveness. 2.2 Ethical Business Policies Murphy (1988, p. 907) states, “a company should both organize for ethical business policies and execute them” ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Ethics: Ethics In The Workplace Essay Example | Topics and Well Written Essays - 4000 words”, n.d.)
Retrieved from https://studentshare.org/business/1401727-writer-choose
(Business Ethics: Ethics In The Workplace Essay Example | Topics and Well Written Essays - 4000 Words)
https://studentshare.org/business/1401727-writer-choose.
“Business Ethics: Ethics In The Workplace Essay Example | Topics and Well Written Essays - 4000 Words”, n.d. https://studentshare.org/business/1401727-writer-choose.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business Ethics: Ethics In The Workplace

Global Challenges for Business Management and Leadership

This section aims at understanding the challenges faced by the United Nations due to political conflicts. In the summer of 2007, an issue in the Politically Speaking, the DPA had highlighted the increased focus on the conflict meditation. This report had also highlighted the interview with the Under-Secretary-General for political affairs. In the interview, he defended the UN against all the criticism and he also highlighted the need for finding political solutions for issues around the world. The interview also highlighted the importance of results to show the effective working of the UN. This interview also highlighted and urged critics to look at the positive along with the negatives of the UN. “The UN has knowledgeable a...
7 Pages(1750 words)Research Proposal

Internal and External Environmental Analysis for the Bakery Business

Liberalization of foreign investment and technology policy of the government is supportive of establishing industrial units in the country.

Threat: The UK food regulatory authority is planning to enforce the EC Regulations relating to food labeling. The labeling requirements under the new regulations will affect the food industry as the suppliers will be legally obliged to disclose the GM content of foods to the caterers. Thus business firms in the bakery industry also will be effected through the exclusion of flexible manner of labeling arrangements in the case of flour confectionery involving GM Soya or maize. (Genetically modified and novel foods (labeling) (England) regulations, 2000).

Trend: The new subs...
6 Pages(1500 words)Case Study

Evandale's Business Plan

Evandale’s mission would have a strong impact on the company’s later brand development.
When a company determines its mission and its vision, it needed to determine its objectives to accomplish that vision. I did not see the objectives—where the company was heading through in the presentation. A clear objective would have enabled me, as an audience to also picture where the company would want to go and would serve as the benchmark for me to assess the later strategic choices the company would state in the presentation.
According to the slides, the potential demand for caviar and the sturgeon products are “100x” bigger than the current supply. I would have wanted to see a reliable source for...
7 Pages(1750 words)Case Study

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Management: Social Responsibility and Ethics

When we speak about business management, most people talk about the core business functions like strategies, products, training & development, management of various departments of the business like marketing, production, planning, etc. Social responsibilities and business ethics are the least communicated topics in the business community because of the least preference given to the non-productive sectors by organizations. Most of the greedy organizations spent millions on the research and development for improving their competitive power in the business world, but they often keep a blind eye towards their responsibility towards ensuring proper ethical standards in their business activities. Organizations that underestimate the...
6 Pages(1500 words)Coursework

Business Etquette for Business Communications Course

Who wants to give a guess? How about you (pointing at someone in the audience), yes, what is your name? Adam? What do you think, Adam – Money, Machines, Management, and Manpower? Why do you think so? And how about you, ma’am (someone else in the audience) – do you agree with him?

I think we are all in agreement: you could have Money, Machines and Management, but without Manpower, you cannot have a business. And unless you have good Manpower working well together, you cannot have a successful business.

Do people work well together naturally? Those of you who are familiar with office politics will say, “Of course not!” You are right: left to themselves, few people work well toget...
7 Pages(1750 words)Speech or Presentation

Which of the Business Objectives Might Best Be Applied to the Southampton Solent University

In other words, there is no explicit reference to the achievement of long term objectives and the people being involved in the business with the express intention of making profits.

In this context, the Southampton Solent University’s existence as a business organization in the strategic business sense would be defined as a clear attempt at continuously engaging in the present and future activities with a view to achieving its long term objectives of which the satisfaction of stakeholders, particularly shareholders, is of paramount importance. Its mission statement is “The pursuit of inclusive and flexible forms of Higher Education which meet the needs of employers and prepare students to succeed in a fast-...
8 Pages(2000 words)Coursework

Business Communication for Degree Access: Olympic Volunteering Consultancy

The London Organising Committee for 2012 is headed by Lord Coe but we would need to contact the Minister for the Olympics who is Tessa Jowell to place the Bid. The Olympic Games are said to need 70,000 employees with large land development in London.

To beat out the competitors with an excellent business strategy (Wikipedia) an excellent marketing strategy must be used! 26,400 pounds, of the 1 million pounds on Flyers and radio ads this company can inform the residents of Greenwich of the career training opportunity. Using Radio ads that are up to date we can gain a young volunteer base. Flyers handed out to community centers and welfare offices this company will gain other targeted volunteers.

The Census Bur...
6 Pages(1500 words)Assignment

Is the Business World Flat or Spiky

On the other hand, these globalization standards are opposed by some critics and argue that globalization does not have to be a requirement for putting up a business in other countries, thus it is just a choice for entering a foreign market. Accordingly, standardization is applicable specifically to high-end markets and with accord to the market segmentation such as the trends that the young people patronize (Mullman, 2006) Regardless of the idea that globalization is mostly based on how the company standardizes the products, the home country still holds the profitability of the business as the economy affects how the foreign investors and other national sources back up the business (Stiglitz, 2006).
Making the world flat mak...
9 Pages(2250 words)Assignment

Ethics in the Manufacturing Environment

An ethical scenario arose during my first six months in this management role involving a 21-year-old employee who I witnessed smoking pot in the parking lot over lunch break. This scenario demanded that I consider the needs of the employee, as well as satisfying my obligations for enforcing the strict drug use policy administered at the senior levels of the company. This project describes the ethical scenario in detail, offering personal reflections on the incident as well as suggesting an ethical framework for handling situations like this in the future.
The situation which occurred had a young worker smoking pot on his lunch break on the company grounds. This, according to policy, is a termination offense and it is expected...
7 Pages(1750 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Business Ethics: Ethics In The Workplace for FREE!

Contact Us