There are a lot of situations that can be touchy when it comes to deciding whether or not something is ethical or not. Many of these situations occur in the workplace, in school, or even if it’s just a night out on the town. After reading all of the examples that were given, I chose to expand on the journalism/advertising example. This was the example where a newspaper advertised that there are no real health advantages between tap water and bottled water, and so the bottled water company that was one of their big clients threatened to take their business away from the newspaper if a new story was not released stating otherwise. There are two different ways a person can deal with a situation like this. The first way is the more unethical path to take. This would be the action of agreeing with the bottled water company to write a new article explaining that bottled water really is healthier than tap water. By taking this approach to the situation, the newspaper would be lying to all of its readers and the public even after their discoveries had already been printed and released. Other than for ethical reasons, this could end up being bad for your company in the long run for two reasons. The first reason is that if your customers are spending all their money to drink ‘healthier’ water, it could mean that they will have to cut costs in other areas of their budget. Especially in a touch economical time, this could mean that they will have to cut the cost of the newspaper, resulting in a loss of money for your company. Another outlook on this situation is if you did lie and rerun a story about how bottled water is better, word could get out and customers could potentially hear that you were lying just to make more money. More than likely, your company would be lose a lot of customers due to this because no one will believe what you are writing any more. The second approach to this situation is the most ethical response possible. This approach would be to say no to the water bottle company that wants you to write another article stating that bottled water is indeed better than plain tap water. By doing this, you may be losing a gigantic client along with a lot of money, but at least you will not be lying to your customers. This is the approach
Justin axle Ethics/316 Comparing the differences Don Kelly Comparing the Differences Dealing with these different types of theories such as virtue theory, utilitarianism and deontology they all come back to the form and status of generally dealing with one’s morality and ethics. Each theory deals with different phases in life, either dealing with a current situation the past or even future. Ethics and morality will ultimately determine the outcome…
ABC Associates Ethics Policy ABC Associates is an industry leading developer of software for the financial services industry. Our clients deploy mission critical online banking and payment solutions developed by ABC. We strive to compete, be profitable, and be the company of choice that banks can rely on for software and services. ABC is also committed to the highest ethical standards to ensure our clients a high degree of compliance with regulatory, risk control and quality security measures.…
Business Ethics An Informative Report for Owners, Managers and Leaders of Organisations in Emerging Markets Table of Contents 1. Executive Summary 3 2. Introduction 4 3. Approach and Methodology 5 4. What is Business Ethics? 5 5. Why is Business Ethics Important? 6 6. The Approach to Business Ethics 7 7. Conclusion 8 8. References 9 1. Executive Summary There are many factors to consider when a company does business with another. Many global businesses give…
Module 6 – Code of Ethics Implementation Plan Paper Edward G. Udell, Sr. Grand Canyon University: LDR-800 Ethical Dilemmas and Stewardship April 4, 2012 Code of Ethics Implementation Plan Paper General overview of organizational ethics policies The organizational ethics polices of this organization is based on developing an ethical climate. This climate is one where everyone---leadership, staff, contractors, vendors, customers, and the public---is treated with the utmost respect. This…
Ethics Essay Wk1 James Abraham ETH 316 July 14, 2015 Edward Williams Ethics Essay Wk1 Ethics is defined as a division of philosophy dealing with values concerning to human conduct, with respect to the rightness and wrongness of certain actions. Also to the goodness and badness of the intentions and ends of those intentions. (dictionary.com, 2015) Three theories of ethical values are virtue theory, utilitarianism, and deontological ethics. Virtue ethics which is also known as virtue theory, is an…
Virtue, Ethics and Morality in Business To understand, virtue, ethics, and morality we must first understanding there meanings. According to Boatright, “”morality and ethics are interchangeable; however, they have some subtle differences.” (Ethics and Conduct of Business, Boatright) Webster’s Dictionary describes ethics as the discipline dealing with what is good and bad and with moral duty and obligation; a set or moral principles. Webster’s Dictionary describes moral as of or relating to…
Addiction Professional’s Code of Ethics The job of an addiction professional comes with many responsibilities. The future of many clients who go to addiction professionals for help may very well be determined by the caliber of treatment the patient received while attending addiction therapy. There are essential moral and personal characteristics needed for an addiction therapist to be proficient and successful in his/her dealings with clients. Ideally, an addiction professional should be understanding…
War on Terrorism and the Ethics of Torture For many years terrorism has played a major part in American history, dating back as far as the late 20th century. They're many parts to understand when exploring and understanding terrorism, such as ethical boundaries of counterterrorism operations, morality target killings, and the use of torture while dealing with a terrorist. When discussing terrorism, understand that they are two different types, domestic and international. Although domestic…
Definition Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has both normative and descriptive dimensions. As a corporate practice and a career specialization, the field is primarily normative. Ethics implicitly regulates areas…
decisions. Lastly, maintain on-going proactive integrity continuity management. [4] To prevent ethical mishaps, put a training program in place to help employees make better decisions. Ethical misconduct could lead to a disruption in your business dealings and pose a threat to your organization. Not only is it important to teach employees how to make ethical decisions, but also how to handle ethical misconduct. [5, 6] In conclusion, it is not uncommon for organizations to have employees facing ethical…