StudentShare solutions
Triangle menu

Business ethics - Essay Example

Nobody downloaded yet
However, if there were no formal binding of legislation, it would be difficult to make employees comply with the rules and execute CSR practices effectively. In order to face this challenge, businesses need to align their framework based on certain principles that balances the financial and social performances of the company responding to stakeholders concerns at the same time (Schwartz, 2011). However, the framework and practices of Corporate Social Responsibilities varies with the culture and economy in which business operates. Mainly the communities in which the company operates are the major factors that drive ethical decisions of the corporation. The economic, cultural, environment and social issues are spontaneous. The pace of change in these factors is rapid and unpredictable. However, the core values of ethical conduct of the business are based on the effectiveness of the business to understand these changes and implement CSR policies that correspond with these issues.
Hence, some of the CSR activities of the organization are based on legal contracts, and some are not based on formal binding. In the both cases, Corporate Social Responsibilities that are not based on formal binding legislation enforcement are less meaningful.
Business ethics is code of conduct of the business it involves moral or ethical issues that may rise within a business with respect to its conduct with individuals or the entire organization. There are two dimensions of business ethics, normative and descriptive dimension. The Normative dimensions are the core corporate practice and specialization, and descriptive dimensions are experts and academics to understand the behaviour of business. In other words, Business ethics tells about the relation between the interactions of the organization with profit maximizing behaviour with non-economic concerns. However, there are several debates at international platform that citizen practices and framework of Corporate ...Show more
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business ethics Essay Example | Topics and Well Written Essays - 4500 words”, n.d.)
Retrieved from https://studentshare.net/social-science/699398-business-ethics
(Business Ethics Essay Example | Topics and Well Written Essays - 4500 Words)
https://studentshare.net/social-science/699398-business-ethics.
“Business Ethics Essay Example | Topics and Well Written Essays - 4500 Words”, n.d. https://studentshare.net/social-science/699398-business-ethics.
  • Cited: 0 times

Summary

Every organization contains an ethical code of conduct through which it communicates its core values and defines their rules for behaviour with respect to corporate governance and corporate social responsibility. Such code of conduct drives companies towards commitment of…
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Business ethics"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Business Ethics
According to the task, these ethics can be explained in many different theories of ethics that include virtue ethics, rationality, utilitarianism, communitarianism, social ethics and normative ethics. Hence, international business ethics and corporate governance can be explained in various ways (Casson 95).
4 pages (1000 words) Essay
Business Ethics
Business ethics are rules as well as standards which an organization is required to follow while performing its activities or operations. It mainly consists of moral standards which vary among organizations and it also helps in determining the right and the wrong decisions.
3 pages (750 words) Essay
Business ethics
For example, according to the limited knowledge of the researcher, Magna Carta of 1215 was the first legal reference for ethics in UK (Holme, 2008). However, magnitude of importance for ethical perspective of business operation has been increased manifold in recent years after the financial scams by corporate such as Enron, Lehman Brothers, Worldcom, Nortel and many others came to the light.
14 pages (3500 words) Essay
Business Ethics
Business ethics theories are often adopted by organisations seeking to curb practices that are deemed as corrupt. They usually have moral principles that organisations can implement to make sure that all the workers operating in the company conform to accepted codes of behaviour
6 pages (1500 words) Essay
Business Ethics
Examples of ethical issues concerning three different issues have been explained along with their alleged law suits that have flagged these issues in the United States. Business ethics are the moral eternal, abstract, and the
2 pages (500 words) Essay
Business Ethics
The multi-dimensional aspect of business ethics places the responsibility for ethical business conduct on the business professional, peers, organization and the various factors that
8 pages (2000 words) Essay
BUSINESS ETHICS
To some, the suggestion that an orderly and analytical process of decision making, not only on a personal level – but more so in business, should include the discussion of highly controversial ethical issues, about which
1 pages (250 words) Essay
Business Ethics
The other group of business people takes it as avoiding activities that portray bad image of the company. If the above are not considered as business ethics the business institutions may suffer loss or may earn the business bad reputation.Business people believe that if good business ethics are adhered to then the business will experience an upward trend with a lot of profit.
2 pages (500 words) Essay
Business Ethics
Various Judeo-Christian values and biblical principles are applicable in many economic situations and can help enhance business ethics. Despite the
4 pages (1000 words) Essay
Business Ethics
A similarity between ethics in the United States and ethics in Asia is that they address a variety of similar factors such as pollution, corruption, fraud and contracts among others. Although approaches to dealing with
2 pages (500 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Business ethics for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us