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

Resolving Ethical Business Challenges - Essay Example

Cite this document
Summary
This brief writing will take a look at a particular case study for a resolving an ethical issue at the workplace. In the business world, the ethics program may include the true and sincere involvement of the employees with their business and the business parties and stakeholders…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful

Extract of sample "Resolving Ethical Business Challenges"

Module Resolving Ethical Business Challenges Business ethics should be an important concern for the management and the owners while going for any particular decision. In this situation, Marry is also facing an ethical problem that either she should care for the customers to lie or to speak truth. On the other side, it is also important that if she lies to the building owner and the buyer then what would be the benefit of it. In the business world, the ethics program may also include the true and sincere involvement of the employees with their business and the business parties and stakeholders.

If Mary lies to the building owner and hides reality of her negotiation with the owner from the buyer then it also indicates that she is trying to fulfill her duty. However, she may face a little problem after the negotiation when both parties will come to know the truth. At least until that time, the building will be sold and this sale is actually beneficial for both parties. The building is not considerable since many years and now the only customer who wants to own this building is here. Therefore, if Mary put her efforts to make this purchase possible then it will not be considered as unethical.

However it is quite possible that if Mary is successful in her efforts to convince Ted that the buyer is purchasing that building for a noble cause and he cannot arrange the required down payment because of the charity funds. Then it will not be a problem for the buyer and the seller that there is any issue in the agreement.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Resolving Ethical Business Challenges Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Resolving Ethical Business Challenges Essay Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/management/1695293-see-instructionsplease
(Resolving Ethical Business Challenges Essay Example | Topics and Well Written Essays - 250 Words)
Resolving Ethical Business Challenges Essay Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/management/1695293-see-instructionsplease.
“Resolving Ethical Business Challenges Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/management/1695293-see-instructionsplease.
  • Cited: 0 times

CHECK THESE SAMPLES OF Resolving Ethical Business Challenges

Corporate social responsibility and ethical dilemmas

CORPORATE SOCIAL RESPONSIBILITY AND ETHICAL DILEMMAS By Institution 7th, September, 2012 Table of Contents Table of Contents 2 The Ethical challenges/Facing Financial Managers In a bank or big company 5 Factors and Skills Required By Professionals to Deal with Issues Arising From Ethical challenges Issues.... This has resulted in numerous challenges in corporations, which managers are required to address.... This section will focus on the ethical and value challenges that face individuals working in financial sectors in companies and financial institutions....
12 Pages (3000 words) Essay

Contemporary Ethical Challenges and Leadership

This paper ''Contemporary Ethical challenges and Leadership'' tells that Ethics is a discipline of philosophy that outlines the right and the wrong moral conduct.... This change in the way people think has brought about numerous challenges which leaders have to face.... very leader has to face his set of ethical challenges.... These challenges may differ from one leader to another.... Be it an issue in the economy or a problem faced in the business, people consider the present situation and weigh their pros and cons before terming an action as either ethical or unethical....
7 Pages (1750 words) Essay

The History of Ethical Theory

This paper is an attempt to contribute towards a similar debate regarding the role of ethics in understanding and resolving ethical dilemmas in our society.... Particularly, the focus of the paper will be on ethical dilemma in the business world while an ethical theory Utilitarianism will be underutilization for analysis purpose.... n the corporate world, the majority or almost every decision involves the factor of prioritization, and for this purpose, business organizations develop their code of ethics to suit their decisions and justifications....
6 Pages (1500 words) Essay

Training in ethics for management personnel

Issues involved in ethical business decisions include a company's obligation to be honest with its customers, a company's responsibility to preserve the environment and the protection of employee rights.... he Columbia Encyclopedia (2003) defines business ethics as the study and evaluation of decision making by businesses according to moral concepts and judgments.... Ethical conflicts arise due to the differences in the interests of company owners, workers, customers, and the community wherein which the business operates....
5 Pages (1250 words) Essay

Ethics Involved in Supervision

Despite the enormous research that has been conducted by researchers concerning ethics in this field, ethical dilemmas continue to reveal themselves between supervises and their… This has caused untold pressure to different supervisors, who are unable to explain the form of unethical behavior exhibited by their heads.... Occurrence of ethical dilemmas calls for application of ethical decision-making models to help in developing and reaching An ethical decision is described as a conclusion, which is in line with the law and one that meets the moral standards of the community....
4 Pages (1000 words) Essay

Resolving Ethical Business Challenges: Karl

An ethical issue at stake in the scenario is determining whether it is acceptable to advertise a video game that contains nude scenes and simulations, violence, and gambling behavior (Ferrell, Fraedrich, and Ferrell, 2009)....
1 Pages (250 words) Essay

The Core Challenges of Managing Ethical Behaviour

"The Core challenges of Managing Ethical Behaviour" aims to bring back to the consciousness of every human being the need to be constantly and consistently mindful of adhering to the so-called ethical behaviors as a guide to fostering peaceful and productive co-existence with one another.... rdquo; It is not surprising therefore, that serious violations of expected moral, legal and ethical norms are so rampant, not only in one's personal daily encounter but, inevitably, in the workplace of business organizations....
6 Pages (1500 words) Coursework

Business Ethics and Decision Making

The paper "business Ethics and Decision Making" states that taking advantage of a customer may be unethical if it means exploiting the reality that he does not know that the product has some major weaknesses.... hellip; It is not ethical to use any means to make a sale, ensure success, take advantage of a customer, or beat a competitor if they can lead to financial loss for the business in the long run and result in actions that cannot be universalized.... Hence, it is not always ethical to do business transactions that can lead to long-term loss of sales and involve actions that cannot be universalizedGood consequences might not always follow from high respect for rights because this can lead to adverse results or moral confusion too....
12 Pages (3000 words) Assignment
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