This paper is an attempt to analyse the concept of ethical behaviour and focus on the possibilities for ethical behaviour to exist in a business. The meaning of business ethics An attempt to answer the following question could help us to understand the meaning of business ethics: What is the relationship between ethics and morality? According to Archie B. Carroll and Ann K. Buchholtz “ethics is the discipline that deals with what is good and bad and with moral duty and obligation. Ethics can also be regarded as a set of moral principles or values. Morality is a doctrine or system of moral conduct” (Carroll & Buchholtz 242). It is obvious from the definitions that ethics and morality are more or less similar concepts and both these terminologies can be used as substitutes for each other to analyse the right and wrong behaviour in business. Business ethics could thus be observed as linked with the right and wrong behaviour and practices which take place in a business setup. The existence of a business is dependant on the nature of relationship between customers, employees, investors, shareholders, managers and directors. It is the responsibility of director board of a company to ensure the functioning of the organisation in a legal and ethical manner. ...
Recent interpretations of right and wrong comprise questions of equity and fairness. There are two important branches of ethics; descriptive ethics and normative ethics. These branches observe the concept of ethics from different angles. As Archie B. Carroll and Ann K. Buchholtz puts in “descriptive ethics is concerned with describing, characterizing and studying the morality the people, an organisation, a culture or a society. It also compares and contrasts different moral codes, systems, practices, beliefs and values” (Carroll & Buchholtz 242). The focus of descriptive business ethics is primarily on what is taking place in specific areas such as behaviour, action, decisions and practices of organisations. It considers the present happenings in a business establishment and therefore there are possibilities for the development of an attitude among some people to follow the activities of a majority even if the action is unfair. At this point one could recognise the importance of normative business ethics as it focus on ‘what aught to be’ instead of ‘what is’ the ethical conditions of an organisation. According to Archie B. Carroll and Ann K. Buchholtz “normative ethics, by contrast, is concerned with supplying and justifying a coherent moral system of thinking and judging. It seeks to uncover, develop and justify basic moral principles that are indented to guide behaviour, actions and decisions” (Carroll & Buchholtz 242). Therefore normative ethics provides a clear cut idea regarding what is ethical and what is unethical in a business. It is more concerned with the do’s and don’ts and with setting up of standards for providing guidelines for a business establishment to ensure its ethical functioning which is
Can ethical behaviour really exist in business? Introduction It is a world of competition that one observes today and there are competitions among firms and also among the employees of a firm. A healthy competition is desirable and beneficial for both the firms and the employees…
When a member of a group affects the motivation and abilities of other group members, then leadership is occurring (Bass, 1981). Burns (1978) further elaborates that leaders influence followers toward their own motives through conflict or competition, while both engaging and satisfying each follower's purpose or goals.
This leads to many employees to ignore basic ethics. Ethics are the set of values that person follows, which differentiates between the ‘right’ and ‘wrong’; ‘truth’ and ‘lie’. These values are usually engraved in people since childhood and these are carried out with them to work.
In the US, the issue of social stratification is of prime importance because of the widening gap between rich and poor in the society. The US has the largest wealth disparity in the world, and this disparity is growing each year (Social Stratification in the US).
b) Introduction The problem of unethical behaviour among the students in the school has been thriving for quite some time. While this has resulted into poor performance between the students due to poor learning methods and behaviour among the students, little has been done to solve the problem.
Importance of Ethical Behavior Among Employees. An ethical behaviour of an individual is guided by moral principles. In a business enterprise, decisions can be taken by an individual or a team of members. Whoever takes the decision, it is largely influenced by the culture of the company.
Ethical issues are a major concern within the organizations because the higher management cannot strive to achieve excellence without its proper incorporation. Also it would make the task a bit difficult if
From this research, it is clear that moral behavior in individuals does depend on much more on the way that one considers the above theories. The main lives of people are guided by what on most times its considered to be upright. The different theories all try to explain the main aspects that humans beings have been considering when they want to become morally upright.
6 pages (1500 words)Research Paper
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