Business Ethics
A general description of ethics as it pertains to the business world could be that it parallels any written laws that exist inside or outside of the business place. As federal, state and local governments have formed laws, so have most every corporations created their own. In many cases business ethics do conform to written law and is in agreement with what is considered either legal or illegal. Of course there are exceptions to this description. An example of an ethical decision that would be regarded as being illegal is a physician-assisted suicide. In contrast, an example of a legal decision being deemed as unethical is a Catholic priest relaying information that was obtained in a confession to law enforcement. A more concise description of business ethics is on a personal level. Every employee of a business or corporation should comply with ethical ideas such as honesty, fairness, consideration, judgement, and competence. Most of today's corporations have a written code of ethics and instruct their employees of these rules and regulations.An ethical decision that I was recently involved with was related to time reporting. My company has a strict rule that all hours worked must be reported accurately. A workweek
If a high profile corporation gets caught up in an unethical situation, the details of their predicament will influence more of the public through media outlets. Again, the media will be the best source for the corporation to secure some sort of reconciliation with the mass public. I do not have any experience in making ethic policies within a corporation, however I do feel that the code of ethics that a company's management implements can strongly affect the success or failure of the business. This is where I have seen poor ethics as a downfall for some companies. Lastly, I would like to look at how improper business ethics could have an affect on a larger group of people. There was little doubt in my mind that the company knowingly sent me a used piece of hardware, as I had heard from other colleagues of mine experiencing similar problems with the same business. I am a firm believer of the notion that a company's success starts from the top and works its way down. Most of my dealings are through a contracted vendor, but there are times when I need a piece of hardware quickly and have to find another source. The timekeeper, apparently in a hurry to have all employees' hours relayed to the payroll department, had placed me in an ethical situation. When I say lack of professionalism, I do not mean that the person is not knowledgeable, I am referring to discourteous, unpleasant behavior. If a corporation would faithfully operate with sensible moral behaviors and implemented stronger enforcement of any existing code of ethics, a public dilemma may never occur. With the business world becoming more dependent upon electronic data; e. I also suggested that both large corporations and small business could be negatively affected by the lack of ethics. I would have to conclude that poor ethics within a customer-oriented company could lead to lost revenue or even complete failure of the business.
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Acceptance Essays
