Free

ETHICS PAPER - Essay Example

Comments (0) Cite this document
Summary
If one takes a close look at the modern business world, one will be able to see that it is quite different from what the humanity has witnessed in the previous centuries. One of the most important concepts that is being utilized by the contemporary companies is business ethics…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
ETHICS PAPER
Read TextPreview

Extract of sample "ETHICS PAPER"

Ethics paper If one takes a close look at the modern business world, one will be able to see that it is quite different from what the humanity has witnessed in the previous centuries. One of the most important concepts that is being utilized by the contemporary companies is business ethics. Indeed, at the present moment any organization, no matter how big it is or how small it is, is highly concerned with the ethics of their performance. That is why it would not be an exaggeration to point out that the notions of ethics as well as social responsibility play and important role in the understanding of business processes, especially while developing a strategic plan.
To begin with, one should point out that the role of a strategic plan is to outline the principles that will guide an organization in the long term perspective. It is quite obvious that if a company adopts principles that are unethical, the result will be disastrous: it will be a target of criticism of the public and the entire business as at risk. Contrary to that, if ethical principles were enshrined in the course of developing a strategic plan, then it will allow an organization to find the correct solution to every problem that it faces.
In addition to that, the concept of social responsibility is the one that is closely tied to application of ethical principles in a strategic plan. Indeed, the force that should drive an organization to improve one’s performance and make it more sustainable is the acknowledgement of the impact that it has on the social environment and accepting responsibility for these actions. This means that such a strategic plan would urge the organization to minimize its negative impact on the environment in case it has any. Moreover, it will provide effective ways to adjust the current practices in order to make sure that the performance does not cause any damage.
However, it must be noted that while applying ethics and accepting social responsibility, the company should also take into consideration the needs of stakeholders. By definition, stakeholders are the people for whom certain actions make essential difference (Freeman, 2010, 44). One should keep in mind that stakeholders are often found not only inside an organization, but outside of it as well. That is why the most essential part of developing a strategic plan that would be both ethical and socially responsible is not to overlook needs of any stakeholders. This means that a company should carry out an objective investigation of the state of affairs and identify the primary stakeholders.
Throughout the program I felt that my own ethical perspective has evolved: now I am able to take into consideration point of view or concern of other people even though I may not agree with it. In addition to that, I pay much more attention to long term perspective since I was able to see the say consequences are able to shape the final outcome of any action; that is why, it think several steps ahead.
References
Freeman, R. (2010). Stakeholder theory: The state of the art. Cambridge: Cambridge University Press. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“ETHICS PAPER Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
ETHICS PAPER Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/social-science/1674502-ethics-paper
(ETHICS PAPER Essay Example | Topics and Well Written Essays - 500 Words)
ETHICS PAPER Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/social-science/1674502-ethics-paper.
“ETHICS PAPER Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/social-science/1674502-ethics-paper.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF ETHICS PAPER

Ethics Paper

...?ETHICS IN THE ROOM In a situation where children in my kindergarten were telling a child they could not play with her because she had twomoms, I would immediately recognize several issues. The first issue would be that the girl in question is unique and does indeed have a special vulnerability. This situation would be an exploitation of her vulnerability, because she is being discriminated against by her peers as a result of parental opinions. Any failure to change this situation would be ignoring the fact that she is unique in her family structure and environment. The ethical responsibilities I have to the families of children would call for me to contact all parents involved but chiefly the lesbian...
2 Pages(500 words)Essay

ETHICS PAPER

...? Ethics Paper of the of the of the The discussion aims at examining and assessing the role of ethics in nursing by underpinning few questions based on ethical issues. These issues have been presented through a case study and answers are based on personal understanding. All questions answer the role and importance of ethics in nursing where ethical principles have been considered as the utmost requirement to deal with varieties of ethical issues. 1. The ethical dilemma presented in the case study revolves around the enforcement of personal will where the Chief Resident tells the head nurse of a pediatric...
6 Pages(1500 words)Essay

Ethics Paper

...?The strategic plan enables a company to maintain its strategic focus of maximizing profits in the long term. However the goal of profit maximizationis not attainable unless the company behaves in an ethically responsible manner. The importance of the role of business ethics in the strategic plan can be gauged by its direct link to the goal of profit maximization. Unless the company operates in an ethically responsible manner to its employees, customers and other stakeholders, it will not be able to maintain stakeholder relations effectively. Therefore the company needs to make ethics a component of its organizational culture and this is achieved by making...
3 Pages(750 words)Research Paper

Ethics Paper

...that she has improved functioning and can easily get over her disability and work well in the class environment to associate well with other students and teachers. The student counselor is one of the most important people in the school system. Many students in the contemporary world are faced by different challenges coming from disabilities and one of the ways through which they deal with the issue is by the use of student counselors. These people are a blessing to society and should ensure that they maintain professionalism in their field for the greater benefit of the society. References Anonymous. (2013). Introduction to Legal and Ethical Issues; Counselor’s Values Stone, C. B. (2009). Ethics and law:...
5 Pages(1250 words)Essay

Ethics Paper

...? and The art of advertising is fast changing with the rapid technological changes. The increase in competition for the market by advertiser has not made advertising any easier. This has led to the use of sexuality to increase attention. The problem is that there is excessive use of that approach by advertisers all in the bid of increasing their profitability. This raises the issue of whether or not sex appeals in advertising and whether it is ethical to use sexually suggestive adverts to increase profitability. This paper, drawing support from the various media theories, tries to explain the social costs of such advertising approach, the responsibility an advertiser ahs to protect the indirect audience...
5 Pages(1250 words)Essay

Ethics Paper

...Two drug addicted parents give birth to an infant, which they are unable to care for due to their addictions. Because of this, the court orders that this child is to be taken away and placed into state custody. For the first nine years of her life, she is raised in a foster home. She regards her foster parents as her real parents because these are the only parents that she knows. One day, her biological parents decide that they will fight to gain custody of their child. They pursue the case, and the decision is in their favor; however, their nine year old child is none the least bit pleased. While some may regard this as a victory, there are three reasons why ethics does not support the law in the instance in which this...
2 Pages(500 words)Essay

Ethics paper

..., it is ethical and better for the company to recall its vehicles back and bear the burden of the “sway bar” cost. This would cost $18,000,000 to the company but would bring in major benefits to the company in the form of advertisement, increased goodwill and increased revenues in the future. This decision may seem costly in the beginning but this has major benefit for the company in the long-run. Besides, the average cost of negotiating with the affected customer is around $100,000, there is a chance that out of the million cars already on the road if only 20% got affected, the company would have to face $20,000,000 settling the legal suits. Besides that, the company might get exposed and might provoke more customers to...
4 Pages(1000 words)Case Study

Ethics paper

...Ethical concept and principles Ethical concept and principles Ethics in research play a key role in conduction a successful research project. Therefore, researchers should be aware of the research code of ethics (ethical concept and principles) prior to conducting any research study and maintaining the adherence throughout the study period in order to ensure its success. Professional researchers must be responsible and accountable to report true findings. This is a critical point that researchers should pay a lot of attention to because a lot of changes might take place in consequences to their findings, implication, and recommendation. Thus, considering...
1 Pages(250 words)Essay

Ethics Paper

...Ethics and Social Responsibility s Introduction In management, it is obvious that an organization is influenced and also influences the society within which it conducts its activities. This in turn supports the fact that it is very crucial for organizations to emphasize on issues which affect those around its operation base, and particularly in aspects such as the economic, regulatory, safety, and most importantly for this study, ethical considerations. The best means of observing the above highlighted features is through integration of social and ethical aspects when constituting an enterprise’s strategic plan with the demands of stakeholders and agendas being largely considered. In the...
3 Pages(750 words)Essay

Ethics Paper

...Ethics Paper If one takes a close look at the human civilization, one can not help noticing that the notion of Ethics plays an incredibly significant role in it. Indeed, the influence of it can be traced in virtually every area of social life, including economy. It would not be a mistake to suggest that the modern businesses are quite different from their counterparts from the past since the former often rely on Ethics not only while carrying out their daily operations, but also while developing strategic plans. This allows economy be guided by conventional values and make sure that the former does not cause any problems in terms of human relationships. This...
3 Pages(750 words)Essay
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 ETHICS PAPER for FREE!

Contact Us