The Ethical Issues Of Business Organizations - 2096 Words

Leaders of business organizations should consider the fact that ethical issues are always a part of any organizational progress. Hence, to be able to understand the issue better, it is essential to know what ethics really pertain to. According Wesley Cragg, â€Å"ethics pertain to values and attitudes of people†. For this reason, the addressing of the ethical issues involves the ability of a leader to understand the values and attitudes of others towards certain situations (1997, 13). Ethics then are the core source of the values that the society accepts to be rightful or not. In leading a business organization towards progress and future stability, ethical issues should be cared for by the leaders conscientiously. These ethical measures would indeed determine the success of the business organization in becoming globally accepted. Again, to be able to identify the necessary ethical measures that need to be considered in creating a progressive organization, critical thinking should be utilized well by the leaders. As mentioned earlier, critical thinking would help a certain leader think of the right things in a disciplined manner that would make them more capable of understanding the situations that the organization is involved with in a clearer aspect. The Actual Application of Ethics in Management Management is known as the most versatile part of any business organization. The people making up this certain group are expected to have the capability to face differentShow MoreRelatedInternational Business Ethics And Ethical Issues Within International Organizations1113 Words   |  5 Pagesbelieve international business encourage firms and organisations to become socially responsible and ethical global citizens? What I am here to tell you today is that with the correct organisational procedures, internationally renowned businesses are able to become socially responsible and ethically recognised. However when international organisations have unseemly and immoral behavioural standards, generating ethical global citizens is out of the question. Today international business ethics have a numberRead MoreIndividual Rights and the Business Organization1543 Words   |  6 PagesIndividual Rights and the Business Organization Individual Rights and the Business Organization Introduction In todays highly uncertain business environment, businesses and individuals face a number of ethical issues which arise due to different internal and external environmental factors and impact the individuals within and outside the organizations. The ethical issues which negatively impact the privacy, morale, and societal values of individuals include fraudulent business practices and unethicalRead MoreEssay on Emerging Business Ethics Issues914 Words   |  4 PagesStakeholders play a major role in the business arena, they are charged with the responsibility of ensuring their organization is a safe environment not only for themselves but for their employees. In a seemingly competitive and morally flawed world, business people and entrepreneurs are often presented with grave ethical challenges. For this reason their personal values and beliefs play a pivotal role in the success of the organization. When concealing doubts about the ethics of others, more thanRead MoreEthics in the Wo rkplace1201 Words   |  5 PagesClassical and Contemporary Ethical Philosophies Ethical philosophies served as guide for people in the workplace to make moral decisions in conducting business. There are classical normative ethical philosophies as well as contemporary ethical philosophies being used. They have been applied in the different levels or dimensions of the business organizations. People do know that there are business organizations that have disregarded ethical standards and encounters ethical issues inside their companyRead MoreEthical Issues Of Business Environment850 Words   |  4 PagesUnder present day business environment, companies can face a number of ethical issues that require making hard and often dissatisfying decisions. In this context, it is necessary to mind ethical norms as well as results of actions taken in order to keep the efficient communication across companies and keep the right balance in communication with colleagues, subordinates as well as mangers (Horton, 2015). Taking into consideration that there can be distinguished a range of ethical issues that pertain onlyRead MoreThe Ethics Of Business Ethics1471 Words   |  6 PagesReview Nowadays, the concern for business ethics is growing rapidly in the business community around the world. Business ethics are focused on the judgment of decisions taken by managers and their behaviors. The issue regarding these judgments is the norms and cultures that shape these judgments. Business ethics are concerned about the issue, how will the issue be solved and how will it move ahead along the transition analysis as well (Carroll, 2014). Business ethics can be addressed at differentRead MoreThe Five Business Ethics Myths Essay879 Words   |  4 Pagestalked about the five business ethics myths. 1. It is easy to be ethical 2. Unethical behavior in business results from bad people 3. A formal code of ethics is the easiest way to manage them 4. Principled leadership revolves around your leaders 5. At one time, people appeared to be more ethical Pundits and business leaders say being ethical is straightforward when being ethical is complex. This notion presumes individuals recognize they are facing an ethical dilemma and areRead MoreThe Ethical Decision Making Of Coca Cola Company1266 Words   |  6 Pages5 Ethical Decision-Making LaKeshia Chaney Walden University Abstract Ethic decision-making is a fundamental of applied ethics, such as rights, justice, virtue, utilitarianism, and the common good. Ethics in organizations, leaders have to be aware of two ways of approaching the individualistic and communal approach. Moral rights are by standards that most people acknowledge. Decisions about right and wrong permeate everyday life. Coca-Cola Company is an example of a consequentialist theory thatRead MoreEthical Ethics And Ethical Issues1180 Words   |  5 PagesEthical issues in organizations are inevitable and are always on the horizon. These ethical concerns can directly impact the overall health of an organization in both positive and negative aspects. In order to be prepared for the ethical issues that will arise and to create an organizational competitive advantage, an intentional focus and effective communication of the code of ethics must be incorporated as a part of strategic planning. Sherwin (1983) indicates the that the term ethics, â€Å" refers toRead MoreEthical And Ethical Dilemmas Of An Ethical Culture That Can Prevent Unethical Behavior Essay1548 Words   |  7 PagesManagement’s role in creating an Ethical culture that can prevent unethical behavior 1 Management’s role in creating an Ethical culture that can prevent unethical behavior. Author: Lereiya Edmonson Martin Class: MGMT 630 In any organization, there are rules and regulations employees must follow for it to run smoothly. Therefore, this paper gives five types of ethical dilemmas that can occur in a work setting, and it will also help you understand ethical dilemmas managers faced when making a