Business Ethics Essay

Words: 1200
Pages: 5

How to behave toward oneself and toward other individuals is a matter of making choices: whether to be friendly or unfriendly; whether to tell the truth or lie; whether to be generous or greedy; whether to study in order to pass an exam or to spend valuable study time watching television and cheat to pass it. These, and all other questions about how people act toward themselves and one another are dealt with in a field of study called ethics. Another name for ethics is morality. Because both words suggest customary ways of behavior, they are somewhat misleading. It had to do with what should or should not be done. Divide practical wisdom into two parts: moral philosophy and political philosophy. They're defined together as a "true reasoned
It is impossible for the drafters of such codes to anticipate all the moral dilemmas which may be encountered and impossible for them to draft rules to govern all behavior. Nothing wins support from external groups as much as adherence to strong codes of ethics. People in businesses and businesses are expected to conduct their activities in an ethical manner. Ethics is a code of conduct and values that is accepted by society as being right and proper. Employers and employees practice honesty, fairness, and adherence to the law. However, there is always the possibility of divergence from what is considered to be ethical and what is actually practiced. No one commands more respect and admiration than the worker who adheres to ethical principles and exhibits professional behavior. Specialists in the field of Human Resource Development suggested that human relation is doing to others what they would have you do to them. In either case, rather it's good or bad you or they should expect nothing less than coworkers or supervisors to behave in an ethical, professional manner. The public image of business has been slipping since the 1960's. According to a poll conducted in 1966, 55% of the American people had a "great deal of confidence" in American business executives (Matthews, Washington State University, 1995). In recent years, that percentage has dropped to about 20%. Surveys indicate that confidence in business leaders is low, especially with regard to honesty and ethical