Got a tricky question? Receive an answer from students like you! Try us!

Values and Ethics in Professional Business - Term Paper Example

Only on StudentShare
Author : allison13

Summary

The magnitude of values as well as ethics in the professional business world is believed to be superlative along with being global. The constant increase in the degree of competition along with growing complexities has made it necessary for the businesses to pursue values as well ethics…

Extract of sample
Values and Ethics in Professional Business

This makes the smooth functioning and sustained endurance of the business organizations quite certain. Fresh inclinations and concerns which occur on a regular basis are capable enough of giving rise to a significant trouble for the organizations and even for the end-customers. The environment of business has been undergoing a constant alteration which is giving birth to various complexities with regard to the business organizations (International Trade Administration, 2004). In the recent times, owing to the intricacies involved with businesses it has become necessary and vital for the organizations to indulge in appropriate ethical behavior and to maintain certain values for the reason of staying away from probable lawsuits. The public disgraces of the corporate unethical and malpractices have created an adverse influence on the viewpoint of the general people towards numerous organizations like Arthur Andersen, Enron, Union Carbide and WorldCom (Mahdavi, 2005). The Need for Values & Ethics in Professional Business Compromising with the values and indulging in unethical behavior have led to the collapse of quite a few organizations. In the present day’s context, the business organizations are anticipated to comply with the standards regarding carrying out of the business in a responsible way. The expected standards surpass the ones that were followed traditionally. ...
Download paper

Related Essays

Sincerity and Professional Ethics
From early childhood, ethics are being taught and understood so that one makes them a part of his/her personality and do not get diverted from them at later stages. Moral values like speaking of truth always, obeying of elders and sincerity for others are some basic ethics which are expected from every individual in his/her personal and professional life. The difference line between ethics and immorality is as simple as what to do and what not to do to become a good human being and a beneficial part of the society. Ethics are needed to be followed in every mode of life, from homes to…
8 pages (2008 words)
Sincerity and professional ethics
The aspect of sincerity assigns this kinetic force to professional ethics. The kinetic essence of sincerity lies in the fact that it embodies the feature of truth of word and action. This means that it must be seen in terms of the driving motive and the action that follows the motive. In some sense, sincerity might be seen in terms of the motion that makes manifest the philosophies underpinning professional ethics. These philosophies are tied around the essence of human or the willing desire to serve humanity in truth and in action. The element of humanism has often been regarded in light of…
11 pages (2761 words)
Philosophy/ Ethics in the Workplace
We can set different parameters like the way which an individual handle ethical issues in his personal or family life, the way he behaves or communicates with others in workplace. At present, establishment of philosophical or ethical ideologies in workplace cannot consider as mere idealistic or intellectual exercise, but also purposive. In the age of globalization one cannot deny the possibility of exploitation and unethical practices in workplace. Personal ethics in the work place requires primary attention and it is considered as the most significant one in workplaces well business fields.…
7 pages (1757 words)
Kantian Sincerity and Professional Ethics
Sincerity makes him weigh his acts according to ethics. Kantian sincerity explains the aspects of sincerity based on good will. This paper intends to explain the essence of Kantian sincerity, and how it can relate to professional ethics and good will. The importance of professional ethics in the life of an organization is discussed, in correlation with Kantian sincerity. The characteristics of a sincere and ethical leader have been described, so as to give the reader an idea as to what is expected of a person who follows Kantian sincerity and ethical guidelines. Kantian sincerity is based on…
4 pages (1004 words)
Ethics
The paper will then evaluate the relation of the first situation and then the second situation in terms of the aforementioned points of view. Later on the essay will discuss the interplay of ethical principles in both cases and how they interact with each other, and the paper will end with a conclusion that sums up the whole essay. Therefore, the paper aims to discuss the specific situations of the scientists, defines the concepts of deontology and consequentialism, as well as analyzes the situations in both points of view and from that it will ascertain which scientist is right. Ethics refers…
12 pages (3012 words)
Business Ethics
This is in spite of the fact that Hooters lawyer, Patricia Casey, had explained in earlier court preceding, and evoked similar exceptions in the 1964 Civil Rights Act, that Hooters used the sex appeal of the flimsily dressed female servers to attract and entertain customers (Nations Restaurant News, 1995). It is to be noted that Playboy Clubs had repeatedly cited the latter act successfully in their numerous court charges for similar hiring discrimination charges. Critics, therefore, wonder what EEOC was really up to in the Hooters’ case, and hold the opinion that the commission was only…
4 pages (1004 words)
Business Ethics
Besides financial losses for the business, other problems such as lawsuits and market share decrease may be witnessed (Baumhart, R. 1968). Ethical Problems Worldwide Corporate ethical issues have not been confined to the United States. 80% of companies worldwide suffered business fraud in the years between 2004 and 2007. Parmalat, a dairy company in Italy filed for bankruptcy in 2003 because of fraudulent accounting issues. Founder Calisto Tanzi was found guilty of fraud in 2010 and sentenced to prison for eighteen years. The company reported earnings every year but never earned any earnings.…
6 pages (1506 words)