Chapter 8 summary-business ethics - Term Paper Example

Moreover the concepts of business ethics have been successfully illustrated with many of the examples from business world. A person becomes liable to a firm when he signs the contract at the first place when he is employed. A contract that is signed at the time of hiring sets the rule for an employee. The rules must be followed by the employee in any case because it is agreed by both the parties. An employee is liable to reach certain targets in order to get fair remuneration. The clauses of a contract not only includes the framework that is supposed to be followed by an employee but it further includes even the smallest matters such as holding the prospects regarding dresses clearly.

There is always a combination of comments and acceptability when it comes to loyalty towards the company from an employee. Some of the writers of business ethics believe that an employee needs to be highly loyal to the company whereas on the other hand it is believed that there is a non acceptance of the fact that loyalty should be exercised to the diminished social life of an employee. It is quite depending upon the nature of the job and what type of the organization would an employee would be working.

There are some of the jobs nature that require over times. The need of defending the interest of an employer is far more significant and required than just being loyal to the company. There could be a certain points and instances where the interest of an employee would surely collide with the interest of an employer. In this chapter, the issues between the interest of employee and employer have been referred to conflict of interests. The conflict of interest of could be in terms of employee’s desire of wearing clothes the way he wants, coming late at work or could be a conflict in the attainment of remuneration.

The conflicts could be solved for sure but there could be instances where the conflicts would be unacceptable for the company