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Why businesses should have high standards of ethical behavior?
Wiki User
∙ 15y ago
Business ethics is important because it is concerned with right and wrong and how conduct should be judged to be good or bad.
Business ethics is a form of applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment.
It is also a standard principle that helps protect the rights of both the consumers or clients, and the business itself along with the staff it consist of.
Wiki User
∙ 11y ago
Wiki User
∙ 12y agoBusiness ethics are very important in pertaining to customer views of company. Its an image factor for the company. Other companys really do not want to do business with a company that is dishonest. Do employees want to work for a untrustworty company. Does the government really want a company around that is involved in dirty dealings. NO
Wiki User
∙ 15y agoi want the answer of this question on my mail id
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What is the need for and importance of ethical behavior?
Management should impose ethical standards so that consumers have confidence in their products and their business. When customers lack confidence, the business suffers.
What is a ethical worker?
Ethics are standards of conduct that indicate how an individual should behave based on a sense of moral duty, virtues, that themselves are derived from principles of right and wrong. Thus, an ethical worker is one who does the right thing, at the right time, for the right reasons. However, most businesses find it necessary to disseminate a written code of ethics, because many employees must be told what is acceptable behavior and behavior that is not acceptable. Therefore, in this sense an ethical worker is one who stays within the guidelines of the code of ethics as indicated by the business.
What is an ethical appeal?
An ethical appeal is a call for people to consider the standards which are common to the field in questions. Hopefully people will be compelled to grant the petition based on the standards which should have been followed.
Leaders should always ensure that they address the need for ethical behavior legal and regulatory requirements and -?
The leaders should always ensure that they address the need for ethical behavior, legal regulatory requirements and social justice.
What roles should feelings and reason play in ethics?
Reason allows us to understand right and wrong. Emotions often get in the way of ethical behavior, but empathy is necessary for ethical behavior.
Regarding online behavior when should you be ethical?
Always, regardless of duty status or equipment used.
How do relative ethics compare to universal ethics?
How do relative ethics compare to universal ethical standards? Should ethics ever be relative? Provide a rationale for your response.
How do you display ethics with electronic communication?
Ethical standards do not just float away because people are not physically present when they are communicating. In most societies ethical standards are generally understood, as they are, for the most part, in the US. Ethical standards should not be confused with moral standards, however in many societies ethical standards develop as a result of the moral, and most likely religious beliefs that are prevalent within the society. With all that being said, generally speaking, ethics are ethics. Telling the truth, honoring contacts, showing respect for the individual, etc. etc. can as easily be represented in emails and others forms of e-communications as can be in face-to-face communications. Often, one might simply consider acting legally as a way to gage their ethical compass. However, in professional ethics and ethic's studies, it is generally accepted that being ethical means far more than simply obeying the law. There is a phrase, "Being good for the sake of goodness, is a reward in and of itself", or something like that; and that goodness is what we should each strive towards as it holds its own rewards. When it comes right down to it, if you question whether your commendations might transgress an ethical boundary, most likely it does.
Do you believe whistle-blowing is good for organizations?
I would no think of it in terms of good or bad for an organization as much as it may be a necessity to keep organizations in check. Whistle blowing relates to wrongdoing, injustice, and possible corruption. If the organization is holding to the highest ethical standards, there would be no reason for whistle blowing. Unfortunately this is not so for many organizations. Much relates to the commitment of senior leadership to promote doing what is right, good, and proper. Thus, they should be 100% committed to the development of ethical standards which are standards of conduct on how employees should behave based on moral duties, virtue's, and value systems that themselves are derived from principles of right and wrong. If whistle blowing is a means toward a positive end, then in the long run, we might want to consider it good for the organization as a whole, but not so for some of those within the organization who refuse to adhere to ethical behavior. So be it!
What leagal and ethical responsibilities does a firm have to its employees when a decision to cease operations is made?
Businesses should legally inform employees that they are closing in a certain amount of time. Ethically, they should help them get other jobs.
When faced with an ethical conflict a manager should always.?
When you are faced with an ethical conflict, as a manager, you should always
Should businesses be held morally accountable applying different standards than you use to assess others in a society?
yes, I believe that business should be held accountable for there action while conduct business.
