Ethics in business - Research Paper Example

Free

Extract of sample
Ethics in business

These theories could be used to analyze whether decisions made in a business set-up are made in an ethical manner. In this case, ethical issues are related to decision making, thus, these theories could be very essential in the analysis process. One of the theories used to analyze the ethical issue in this case study is the Deontology theory. According to Brooks & Dunn (2009), deontology theory of ethics uses the motivation of the decision-maker to determine the ethicality of an action. The decision maker in the case study analyzed in this paper was motivated to make the decision she made by several things. One of the things that motivated the decision maker in this case study was that some of the customers who had made a reservation might have failed to turn up (Karen & Bruce, 2008). This motivation made her to think that her decision could not have a negative ethical effect to the business. However, it turned up otherwise since all the customers who had made reservations turned up resulting to shortage of rooms. This was not the only motivation that made the decision maker to make the decision of giving away a room that was already reserved for another customer. The other motivation was that the conspiratorial tone used by the customer who did not have a reservation. ...
Download paper

Summary

Ethics in Business Businesses have found themselves violating ethical issues in their industries in several occasions. In some cases, they do so without the knowledge that they are violating ethics of the industry. However, in other cases, businesses violate ethics knowingly because of the interests and gains they aim to achieve…
Author : miles31
Download 0

Related Essays

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...
12 pages (3012 words) Term Paper
Coca Cola Code of Business Ethics
This also reveals that the ethical system used by the company is based on duty, where all the stakeholders held by the code of ethics are expected to follow a specific duty. The company is guided by the Coca Cola code of business conduct, which is a set of, laid down rules for the administration of ethical and compliance matters (Coca Cola, 2011). An analysis of the Coca Cola COBC (the code) will reveal that it is applied in all levels of the company’s operations, and there is a framework for its administration. This analysis will focus on the administration of the code both within and...
5 pages (1255 words) Essay
Business Code of Ethics
On the other hand, ethics is more social and more specific than morality and the practical counterpart of it (Stewart, 2011, p. 7). It serves as the guide for the actions and behaviors especially in professions and organizations. In business, it is also very important especially in companies where complex system works together with many people involve. Some actions are not tolerated as those may become detrimental to the individual and to the whole organization. Misbehaviors may destroy the reputation of the business and may affect its sales (Boone and Kurtz, 2011, p. 197). Later on, profits...
3 pages (753 words) Research Paper
Business Ethics Analytical Essay on a Ethical Dilemma
The dilemma of the situation is that you cannot choose both alternatives but you have to pick between the two alternatives (Badaracco, 1997). As a department manager, I have to choose between my integrity as a person and as a manager committed to do responsibilities and duties or choose to keep our productivity up and allow the bribes, dishonesties and lies that my employees do just to make close a sale. Both options are right, but there is no way that I can choose both. Badaracco (1997) stated that managers who are caught in “dirty hands” problems have very high risks. Remaining...
5 pages (1255 words) Essay
Business Ethics
It can be observed that action that is regarded as morally right may have negative consequences though it may benefit the majority of the people involved. Actions that are detrimental to other people should never be condoned though they are beneficial to the majority of people. Ethical principles that try to distinguish between something that is bad from right should always be upheld regardless of the fact that bad action can yield benefits to other people. It should always be noted that something wrong will remain wrong no matter how beneficial it may be to other people who may be involved in...
3 pages (753 words) Essay
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) Assignment
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) Essay
Got a tricky question? Receive an answer from students like you! Try us!