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

Ethics in Real Business Life - Essay Example

Cite this document
Summary
Such disputes often result in strikes where work is stopped and the parties involved enter into intense negotiations. A good example can be drawn…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.9% of users find it useful
Ethics in Real Business Life
Read Text Preview

Extract of sample "Ethics in Real Business Life"

Wage disputes are often encountered in different places and in most cases, two parties are involved, the workers and the management. Such disputes often result in strikes where work is stopped and the parties involved enter into intense negotiations. A good example can be drawn from the case of Amazon where the workers went on strike to pressure management to review their salaries. According to a story by Le Blonde Jossie (25 November 2013), titled “German Amazon workers strike in long-running dispute over pay” the workers at this internet retail giant embarked on a strike following poor compensation issues.

According to Le Blonde (2013) the strike was mainly caused by Workers who were “demanding a collective wage agreement to meet pay standards in the German retail sector.” However, the management on the other hand is arguing that the employees are getting what they are supposed to get. “The Head of Amazon Germany indicated that there was no need for negotiation with regards to the issue of compensation. He said: “Amazon already pays [workers] above average for the logistics sector and we are in a direct dialogue with our workers – we dont need Verdi for that" (Le Blonde, 2013).

This shows that there is a conflict of interest between the management and the workers.It is unethical for business to pay poor wages to the workers. Employees are also human beings with needs and interests in their lives and they can fulfil them through the money they get from their respective workplaces. Paying low wages to the employees amounts to exploitation and this is unethical in as far as business operation is concerned. The management in the organization should see to it that the employees get fair wages that are commensurate with the work they are doing.

Failure to do that may result in conflicts emanating from wage disputes. These are counterproductive since the workers will down tools and this can impact on the effectiveness of the organisation as a whole.In my own opinion, I think it is unethical for the company to offer little wages to the employees. The company should be socially responsible and it should ensure that the employees are getting satisfactory wages in order to create loyalty among them. Workers who are disgruntled are not productive and this can impact on the overall performance of the company as a whole.

The performance of the company mainly depends on the effort put by the employees in their performance. In order to gain the trust of people, organizations should ensure that they put in place policies that are fair such that the employees can put optimum performance in their work. Wage disputes often disrupt work and I am of the view that they should be avoided for the sake of the company and the employees at large. Therefore, I think creating such a fine balance between the needs of the employees and the organisation should be created so that likely disputes related to pay are minimized.

References Le Blonde Jossie (25 November 2013). “German Amazon workers strike in long-running dispute over pay.” The Guardian. Viewed from: .

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Ethics in Real Business Life Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Ethics in Real Business Life Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/business/1648268-ethics-in-real-business-life
(Ethics in Real Business Life Essay Example | Topics and Well Written Essays - 500 Words)
Ethics in Real Business Life Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/business/1648268-ethics-in-real-business-life.
“Ethics in Real Business Life Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/business/1648268-ethics-in-real-business-life.
  • Cited: 0 times

CHECK THESE SAMPLES OF Ethics in Real Business Life

Synergy between law and business ethics

The researcher of this profound dissertation mostly focuses on the discussion of the topic of synergy between law and business ethics and analyzing the issue of historical perspective.... hellip; The author assumes that history has demonstrated that law alone cannot deliver good business.... Thus, a need exists for a synergy between law and business ethic to deliver ethical business in a society, and this dissertation examines this synergy of law and business ethics....
55 Pages (13750 words) Dissertation

An Examination of Marketing Ethics

The paper “An Examination of Marketing Ethics” reviews the definition of and conditions of ethics in the modern sense; explores modern marketing and its ethical implications and reviews marketing ethics specifically associated with guerrilla marketing.... (Laczniak, 1983) There is no real consensus among marketers, so Laczniak opts to deal with these issues as framework: “a skeletal structure designed to support a perspective.... hellip; The author explains that ethics are related to moral values of an individual, an organization and a society....
16 Pages (4000 words) Essay

Business and Accounting Ethics

The Golden Rule is this that one should live their life with integrity and bearing a sound moral character.... The article; business and Accounting Ethics seeks to highlight the moral duties and responsibilities of businesses with a special focus on the accounting facet.... However, greed should not govern business practices.... Topic: Ethics Article Review Summary: The article; business and Accounting Ethics seeks to highlight the moral duties and responsibilities of businesses with a special focus on the accounting facet....
2 Pages (500 words) Essay

Managing Ethics in Business

The essay "Managing ethics in Business" discusses ethical principles in the company and evaluates their implementation in management systems.... Today, ethics in the workplace can be managed through the use of codes of ethics, codes of conduct, roles of ethicists and ethics committees, policies and procedures, procedures to resolve ethical dilemmas, ethics training, etc.... nbsp;business ethics is a form of the art of applied ethics that examines ethical principles and moral or ethical problems that can arise in a business environment....
6 Pages (1500 words) Essay

Ethical dilemmas in Workplace

If in case you are a sole proprietor without anyone to consult, try to look out for somebody whom you can trust from any business networking group, former employer or former college mate so as to get some insight from them.... In order to determine what constitutes an ethical dilemma, it is important to make the necessary distinction between ethics, morals, values, laws, and policies.... ethics comprises of propositional statements used by members of a certain profession or a group to determine what is right and wrong in a given situation....
6 Pages (1500 words) Assignment

Aspects of Ethics Applied To Life

The author of this essay describes aspects of ethics applied to life.... Now I can understand the course materials in a much better way from the perspective of my own life experience (Martin, M.... This paper outlines business ethics, political ethics, biomedical and environmental ones and studies of humanities.... When I have analyzed these fictional case studies of business ethics I have become capable of making responsible ethical judgments....
8 Pages (2000 words) Essay

Work Ethics in the United Kingdom

The author states that the work ethic in the United Kingdom modifies a number of times, relying on whether a person opts to have a job in the private sector or in publicly financed organizations, for instance, educational institutions, health care centers as well as local boards.... hellip; The private sector requires a lot better assurance in addition to extensive work hours, a smaller number of holidays for individual motives as well as a reduced amount of vacation period, nevertheless it guarantees advanced earnings as well as compared to the public sector but this might not always be true....
8 Pages (2000 words) Term Paper

Essence Of Food Ethics To Human Life

The paper "Essence Of Food Ethics To Human life" examines the sources of ethical duty within the food production process, starting with governments and ending with scientists.... This analysis uses an overview of theory with a great deal of empirical application and comparison to real life.... An ethics of food is particularly important because the food is essential to human life.... This analysis depends, in large part, on an overview of theory with a great deal of empirical application and comparison to real life....
9 Pages (2250 words) Term Paper
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.
Contact Us