Comparative Business Ethics & Social Responsibility - Coursework Example

COMPARATIVE BUSINESS ETHICS & SOCIAL RESPONSIBILITY By Name Course Instructor Institution City/State Date Comparative Business Ethics & Social Responsibility Introduction Basically, ethical resolutions derive from a place of sense of right and wrong, and for scores, a sense of right and wrong is just an internal basis of punishment as well as reward. However, according to Malti and Buchmann (2010, p.139), conscience (sense of right and wrong) is just one of numerous means wherein moral values are embodied in the individuality. Al-Shurai (2012, p.342) thinks there are upper levels of moral development and such are obtained in phases. Every moral as well as ethical judgment endeavors to make reliable explanations of multifaceted circumstances and hard decisions. It is well thought-out to be imperative since, to people who carry out the ethical custom wherein the descriptions are used, it responds to the big question: "How must we survive?" In a changeable, multifaceted, and always-shifting globe, individuals cannot at all times depend on good precedent or data. I perceive that now it is progressively more vital to be in a position to make "excellent" decisions with the resources at hand. To achieve this we need the capability to decide what we discern to be right or good and so moral way of thinking serves only this reason. In this regard, the individual essay is based on a situation of me being encouraged to inflate your expense account, and so my choice would be most affected by my individual moral development. Critical analysis In present financial system, all and sundry are yearning for some extra dollars in all directions. The key reasons why I can defraud or embezzle is for the reason that I think the management cannot catch me, or my profit prevails over the risk (Patenaude et al., 2003, p.841). As a business entity that travels a lot, I have higher chances of inflating my expenses account, especially when traveling.  Regardless of if it is cashing by providing first-class air tickets, rather than the actual third class air tickets or just seizing some additional taxicab receipts, I agree with Graham-Scott (2009, p.48) that the middle-income business traveler who uses mush of his/her time on business trip can come across means to inflate their expenses by additional $6000 annually devoid of any problem. Personally, I think it will be hard to perform the correct thing when nobody is watching, but I know it is similarly hard when I am enduring peer pressure. I picture that in case my contemporaries hearten me to inflate my expense account, the aspects that could have an effect on my choice could consist of: My belief, what my peers think about me, as well as my financial status. In case the act of not inflating my expenses account may draw interest from my equals’ inflation, it could make my decision harder (Noland & Metrejean, 2013, p.101). Perceptibly, in case my family was financially economically, and the only desperate way to help them is by inflating my expenses account, then refusing could be harder. The only thing that must have an effect on my resolution, still, is my belief, and being a child of God I must act as an example for my contemporaries I am in agreement with Graham-Scott (2009, p.50) that a person with integrity normally indicates someone who behaves in line with his/her individual beliefs. Yet, with regard to this description, Hitler was a man of integrity. Noticeably the description must consist of acting compliant with worldwide values of right and wrong. It entails concepts of reliability, consistency as well as evenhandedness. Ethics in my view is about what is good or right in any given social circumstances. It undoubtedly entails making an ethical selection for the good of every party drawn in, and not only oneself (Malti & Buchmann, 2010, p.141). Knowledge customs that include the human culture history have right connection as their core value, and all of such customs commands their heads as well as people to do something with consideration and unselfish kindheartedness towards others, which I believe is the noblest spirit trait of our civilization.  Scores of acts of decorum, admiration as well as evenhandedness have permitted societies to change from their ancient establishments to state of affairs where the constitution of privileges and rights as well as rule of law protect women and men in contemporary diverse democratic systems.  Regrettably, as per Patenaude et al. (2003, p.841) it is when enhancements that have been won hardly to the common good go appallingly erroneous that nearly everyone become aware of them.  However, this does not indicate that we must take uncommon occurrences of misconduct like inflating expense account to be the definition of society. Instead, we must dig for human good judgment for the gold value across time so as to set up most excellent practices for the future. In this manner we come to comprehend that all of us are social beings, motivated by our sensations whose existence coerces flows into the existing spaces amongst us.  In case we contaminate the emotional surroundings with poisons of deceit, fury and voracity, we reduce the value of the environment wherein we operate.  On the other hand, in case we overflow this space with honesty, equality politeness and passion, we are given power to to deliver our unsurpassed creativity as well as performance. I have come to realize that all decisions we make is impacted by several factors that assist us assess preferences and afterward decide the best strategy. According to Al-Shurai (2012, p.34) when it comes to judgments of value, everybody is slightly distinct. Whereas two individuals could share a similar objective of accomplishing the "correct" decision, Noland and Metrejean (2013, p.102) posit that they could have opinion variations as to what the correct decision truly entails. In any given situation, individuals works from at least one of such frameworks: Utilitarian approach, the Rights approach, fairness approach, the common good approach as well as the virtue approach, and these frameworks influences their moral decisions (Ambrose et al., 2008, p.328). Basically, individuals hail from diverse experiential as well as cultural backgrounds, and the individual previous history plays a crucial part in the manner he assesses moral setbacks and makes correct decisions. Besides, that an individual‘s socioeconomic status, religion, sexual characteristics and race can direct them to definite conclusions instead of others. For instance, global managers experience this dynamic repeatedly whilst attempting to manage workplaces in different countries, whereby the Western principles of individualism as well as productivity can occasionally crash with Eastern principles of collectivism a well as propriety; for example. Patenaude et al. (2003, p.843) maintain that the collision is only the variation in points of cultural vantage that have an effect on moral decision-making. In nearly all instances, expense account inflation as explained by Wells (2003, p.67) can be prevented if companies put into operation policies as well as procedures for scam control and afterward implement them. Too regularly, I have read that many companies set up policies, but do not succeed to ensure they are properly followed. Therefore immediately the company gets an expense report policy prepared, they should immediately communicate it. By making sure, Richard comprehends his costs of dry cleaning are not reimbursable and Grace comprehends that keeping her friends up-to-date on her work schedule does not amount to a company dinner. Ambrose et al. (2008, p.327) maintain that this averts confusions and makes punishing violations, when they take place, more well-off. In addition if I was the company manager I will always ensure I am up to date with worker business travel plans and other business-related activities that could trigger expense account inflation. In case my employee presents a invoice for a dinner at MacDonald, his/her overseer must have acknowledged the trip prior to it taking place. The overseer must evaluate all expense turned in, and need original receipts for the whole thing, and in case the receipt is photocopied, but still needed the overseer must examine it cautiously for any tampering signs (Singh, 2011, p.54). Whereas automated software for expense tracking cannot alternate for practical reviews of expense account, I concur with Corner (2009, p.381) that it may assist spot discrepancies that build up eventually. Undoubtedly, a computer-based program makes it simple to observe if anyone’s expenses account have been inflated recently or are perceptibly higher as compared to those of others employees in the company. If I was a manger I could introduce a scam-reporting hotline since it could persuade unidentified reports of misdeeds and could hint that the organisation is serious concerning eradicating scam. Simultaneously, I would make sure any policies against fraud that the company develops are rational. Conclusion In conclusion, it has been argued that expense reporting brings about pain for business organisations as well as workers similarly. They are time and again an essential malevolence, but upset all and sundry who encounter them. From the worker who is seeking receipts to the worker who must authenticate the expenses, the modus operandi is monotonous and protracted. Importantly, to be morally triumphant, it is vital that we comprehend and respect how morals affect our social setting. When a given a chance to inflate my expense account, my choice will obviously be most affected by my individual moral development with regard to how my parent raised me up. References Al-Shurai, S., 2012. An Empirical Investigation Of The Moral Judgment Development Of A Sample Of High School Kuwaiti Teachers. Education, vol. 133, no. 2, pp.340-48. Ambrose, M.L., Arnaud, A. & Schminke, M., 2008. Individual Moral Development and Ethical Climate: The Influence of Person-Organization Fit on Job Attitudes. Journal of Business Ethics, vol. 77, no. 3, pp.323-33. Corner, P.D., 2009. Workplace Spirituality and Business Ethics: Insights from an Eastern Spiritual Tradition. Journal of Business Ethics, vol. 85, no. 3, pp.377-89. Graham-Scott, L., 2009. SIZE DOESN'T MATTER: A Case Analysis of the Relationship Between the Number of Employees and Risk of Fraud in an Organization. Forensic Examiner, vol. 18, no. 1, pp.48-51. Maeda, Y., Thoma, S.J. & Bebeau, M.J., 2009. Understanding the Relationship Between Moral Judgment Development and Individual Characteristics: The Role of Educational Contexts. Journal of Educational Psychology, vol. 101, no. 1, pp. 233-247. Malti, T. & Buchmann, M., 2010. Socialization and Individual Antecedents of Adolescents' and Young Adults' Moral Motivation. Journal of Youth and Adolescence, vol. 39, no. 2, pp.138-49. Noland, T.G. & Metrejean, E., 2013. The Importance Of The Control Environment: Expense Account Fraud At Blue Grass Airport. Journal of Business & Economics Research (Online), vol. 11, no. 2, pp.97-106. Patenaude, J., Niyonsenga, T. & Fafard, D., 2003. Changes in students' moral development during medical school: A cohort study. Canadian Medical Association. Journal, vol. 168, no. 7, pp.840-44. Singh, K., 2011. Enhancing Ethics at workplace through Emotional Intelligence: An Exploratory Study on Business Organizations in India. International Journal of Business and Management Science, vol. 4, no. 1, pp.51-73. Wells, J.T., 2003. The padding that hurts. Journal of Accountancy, vol. 195, no. 2, pp.67-69. Read More