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Business Ethics - Essay Example

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Business Ethics

There has also been increasing call for managers to ensure that they keep to the code of ethics in their work. As the leader of the organizations, managers are given special duty of looking at the needs of the organization in the sense that they have to take care of all the activities of the organization. Therefore they are expected to lead by example and show other where they are supposed to take the organization. The duties of a manager have been increasing in the recent past to include the factor of ensuring that there is fairness in business practice.
One of the most recent ethical controversies that have engulfed the business world has been the issue of culture giving of gift and bribes. It has been shown that the culture of giving bribes and gifts has become one of the most commonly practiced business practice. The debate on whether gifts and bribes in business are justified or not is been centered on several issues. This has been dictated by the cultural practices of different communities in the world. Let us look close at the concept of giving of bribes and gifts in business. (Iniobong 2007, p. 4)
In the operation of the business, a manager is likely to come into contact with many people. These people are of diverse cultural practice and have different values that are attached to the culture practices. This has become a dilemma in the modern market which has been dictated by the increasing rate of globalization which has been marked by increased movement of people and increased interaction as well.
The culture of gifts and bribes is taken differently according to different society. For example the culture of giving gifts is very common in the China and from time to time people will give different gifts in different occasion. This is also extended to the business world and is not limited in the social life of the people. Reeling from a socialist economy, Chinese have not being fully embraced by the capitalist world and there is still a sense of community or togetherness that usually characterizes these regimes.
On the other hand the culture of giving gifts in America is very rare. In the western world gift are only given in special occasion. Therefore they are limited to the social life of the people and in the business world they are only limited to the end year party and usually meant to raise the morale of the employees. Therefore when the Chinese businesses come to America, they come with their gift giving culture. On the other hand when the American business goes to china they take with them limited gift giving culture. This has been a source of conflict for along time now for businesses operating under the above mentioned condition. (Scott 2005, p.2)
But in the business world it is the intention of giving that gift that matter. Though you may give someone a gift with good intention they may receive the gift with another intention rather than that one that you meant. Therefore there has been a notion that these gifts are meat to bribe the one receiving them in order to grant some favor.
In the business context this has become a major issue that has brought about a ranging debate. It has been seen that there has been increased gift giving especial between the public official who are in power and the business manger who seek to have favor in the business process. This has turned to ...Show more

Summary

In the recent past there has been more concern with business ethic. It has become one of the most important topics in business in the recent past. This has been due to the changes that have been taking place in the business world. In the last two decades, the re has been increased call for the need to practice business ethics in all business as pertains to their operation…
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Business Ethics Essay essay example
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