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Business Ethics

In today's modern world of business, individuals constantly face ethical dilemmas. Ethics, in its broader sense, deals with human conduct in relation to what is morally good and bad, right and wrong. To determine whether a decision is good or bad, the decision maker must compare his/her options with some standard of perfection. This standard of perfection is not a statement of static position but requires the decision maker to assess the situation and the values of the parties affected by the decision. The decision maker must then estimate the outcome of the decision and be responsible for its results. Two good questions to ask when faced with an ethical dilemma are, "Will my actions be fair and just too all parties affected?" and "Would I be pleased to have my closest friends learn of my actions?"Practitioners have a responsibility to: * Maintain an appropriate level of professional competence by ongoing development of their knowledge and skills. * Perform their professional duties in accordance with relevant laws, regulations, and technical standards. * Prepare complete and clear reports and recommendations after appropriate analyses of relevant and reliable information.


5 What is a significant ethical conflict?The short answer is "Everything". 3) The third problem encountered by attempts to promote the common good is that of individualism. Provide parameters and examples: While ethics can't be taught, it is possible to follow guidelines and tactics that support the organization's standard of ethics. Just as keeping a park free of litter depends on each user picking up their mess, so also maintaining the social conditions from which we all benefit requires the cooperative efforts of citizens. After resignation, depending on the nature of the ethical conflict, it may also be appropriate to notify other parties. * Refrain from engaging in or supporting any activity that would discredit the profession. When faced with significant ethical issues, practitioners should follow the established policies of the organization bearing on the resolution of such conflict. If a code of ethics is available communicate those expectations in a consistent and varied manner. 2) A second problem encountered is that benefits of good moral ethics are available to everyone, including those who choose not to do their part to maintain the common good. Our cultural traditions, in fact, reinforce the individual who thinks that she should not have to contribute to the community's common good, but should be left free to pursue her own personal ends. For example, one person might believe that acts, such as murder, cross an ethical line but all else are fair game. * Clarify relevant ethical issues by confidential discussion with an objective advisor to obtain a better understanding of possible courses of action. * Refrain from engaging in any activity that would prejudice their ability to carry out their duties ethically. Moreover, the prospect of having to carry such heavy and unequal burdens leads such groups and individuals to resist any attempts to secure common goods.

Common topics in this essay:
Supreme Consciousness, BENEFITS EMPLOYEES, Course Action, Integrity Practitioners, , CONFIDENTIALITY Practitioners, COMPETENCE Practitioners, ethical behavior, * refrain, ethical conflict, responsibility *, decision maker, information acquired, ethical issues, acquired course, information acquired course, practitioners responsibility *, requires cooperative efforts, parties affected, significant ethical, courses action *, confidential information acquired,

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Approximate Pages = 6 (250 words per page double spaced)

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