Ethical and Moral Issues in Business
October 18, 2010
Ethics and moral issues in business become factors that individuals encounter at several times in one’s daily life. An individual becomes greeted each morning in the newspaper, confronted in the fundamentals of one’s daily jobs, and bided good night on the evening news. In a professional setting, a person’s behavior to act in a manner that upholds the good of society becomes expected. To understand ethical and moral issues in business, their differences must become imperative, the differences between personal ethics and business ethics become essential, and examples of common ethical problems in businesses become important. Ethics become extremely important to everyone in the workplace, and are the beliefs, values, and morals that an individual possess. “The discipline dealing with what is good and bad and with moral duty and obligation,” defines ethics according to according to Merriam-Webster, Incorporated (2010). These values, belief, and morals become usually instilled in the individual from family, church, society, peer groups, profession, or other sources. A variety of ethical issues that becomes apparent within various organizations today include “conflict of interest,” “discrimination,” “harassment, Sexual and otherwise,” “recruitment and staffing,” “customer confidence issues,” and “corporate resources.” These ethical issues occur within today’s business environments and have a tremendous effect on organizations.
“Moral principles, teachings, or conduct,” defines moral according to Merriam-Webster, Incorporated (2010). A variety of moral issues that becomes apparent within various organizations today include “falsification of facts, deception, concealing information,” “misrepresenting correspondence or publications,” “ the swaying of people's feelings,” “cheating, rule-bending, misleading people,” “exploitation of weakness...
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