Preview

Ethical Behavior

Powerful Essays
Open Document
Open Document
3272 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ethical Behavior
Hypothesis: Practicing Ethical behavior improves business operations

Abstract

This paper discusses about how observing ethical behavior in the workplace develops or improves business operations. It delves into the workplace culture and introduces the positive and negative ethical practices that affect its processes. It also points out the research gathered about the codes of conduct and behavioral standards that contribute and further advance the company’s undertaking.

Ethical behaviour goes beyond the legal requirements placed on a business; it is also concerned with discretionary decision-making and conduct. Ethical behaviour is an important function in integrating business and society, by promoting the legitimacy of business operations, through critical reflection of employee behavior.

In this paper, varied researches can be found with the goal of deepening the reader’s understanding of ethical behavior and its role in promoting and improving operations in businesses.

I. Ethical Behavior

A. Introduction
One of the tough and complex problems that business organizations are facing is managing ethical behavior. Ethical behavior in the workplace is a standard of conduct expected of or adopted by a business. It involves characterizing moral principles including honesty, fairness, interpersonal equality, dignity, diversity, and individual rights.

B. Importance
Ethical behavior helps maintain quality and productivity in the business. What is ethical is legal and with it, it assists the organization to comply with laws and regulations. It has the ability to attract investor and customers and ensures good and proper relationships with them. Also it promotes teamwork within the organization whereby employees can work together more effectively and efficiently. Similarly, with people practicing ethical behavior in the workplace encourages making decisions in an ethical way. Conducting the business complying ethical

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Consistently making business ethical decisions is a key to long-term success for any business. By setting the standard throughout your business of business ethical decisions, your helping your company obtain a stronger positive reputation in the business world. This in turn will help secure a loyal customer base.…

    • 476 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Task 310.2.1-05

    • 675 Words
    • 3 Pages

    Business ethics can be defined as “written and unwritten codes of principles and values that govern decisions and actions within a company.” (Love to Know, n.d.) Behaving ethically is extremely important for businesses in order to cultivate an image of responsibility and grow a loyal customer base. Companies have a moral obligation to help the communities from which they profit to grow and prosper.…

    • 675 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Merriam-Webster defines ethical behavior as “the discipline dealing with what are good and bad, with moral duty and obligation” (Ethical, 2008). In the recent years it has been said that good ethics can mean good business. When it comes to reputation and public image an ethical business is better off than an unethical one. Ethical issues can be directly or sometimes indirectly from the strategic decisions that are made to meet public relations objective (Ethics, 2008).…

    • 395 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    LGMT 536 Mod

    • 3307 Words
    • 11 Pages

    Ethics are the set of moral principles or values guiding our behavior. In a business setting, ethical behavior is the use of recognized social principles involving justice and fairness throughout a business relationship. Being ethical means following a code viewed as fair by those within the profession as well as within the community. Ethical behavior requires that a buyer must act treat suppliers or potential suppliers professionally and with respect. It also requires that the purchasing professional upholds the ethical standards set forth by both their organization and the purchasing profession. The purchasing professional should commit their attention and energies for the organization’s benefit rather…

    • 3307 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Abstract: One of the most influential ideas in the field of business ethics has been the suggestion that ethical conduct in a business context…

    • 13247 Words
    • 53 Pages
    Powerful Essays
  • Better Essays

    Eth 501 Case 4

    • 1885 Words
    • 8 Pages

    Ethical business behavior is defined by business dictionary.com as acting in ways consistent with what society and individuals typically think are good values (Business Dictionary.com). Ethical behavior tends to be good for business and involves demonstrating respect for key moral principles that include honesty, fairness, equality, dignity, diversity and individual rights (Business Dictionary.com). This means that others will agree with your value system. It also demonstrates that the businesses must have moral principles that govern them into how they are conducting business. This is evident in some businesses by just looking at their mission statement. I will give the example of Goodwill’s mission statement in which it states “Goodwill works to enhance the dignity and quality of life of individuals and families by strengthening communities, eliminating barriers to opportunity (Goodwill Industries International, Inc).” This sounds like the exact thing that Goodwill provides for all of its customers. Applications in business ethics are the following: providing the safest work environment possible for your employees, paying a fair competitive wage for the work that is being completed and making sure that all labor laws are being followed for the respective region.…

    • 1885 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Tom of Maine's Success

    • 2494 Words
    • 10 Pages

    Ethical behavior is acting in ways that are consistent with one’ personal values and the commonly held values of the organization and society, A reputation for ethical decisions builds trust in your business among business associates and suppliers.…

    • 2494 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Personal ethical systems may differ from organizational ethical system, but communication with management of the organization can improve the trustworthiness of the individual and the organization. Employees should be aware of what is expected of them and what conduct is expected for a job. Everyone’s character is based on personal morals and values, organizations need to educate employees on ethical business behavior to assist in solving and preventing ethical dilemmas. Cynicism will continue to be an epidemic because organizational and personal morals and values, and the lack of, will continue to present unethical actions in…

    • 1218 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Ethical behavior is very important in order for company to become or already be profitable. The importance of business…

    • 225 Words
    • 1 Page
    Good Essays
  • Good Essays

    Ethical Relativism

    • 585 Words
    • 3 Pages

    This article researches and identifies the gap between the theory and practice of business ethics. The author identifies the lack of practice of ethical decision making within the organization and provides what he believes to be one solution to bring ethics back into the business process.…

    • 585 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Code Of Ethics Paper

    • 1380 Words
    • 6 Pages

    Ethical behavior from employees is the foundation for a successful business. Trevino and Nelson define ethical behavior as being, "consistent with the principles, norms, and standards of business practice that have been agreed upon by society (2007, p. 16, para. 1). A code of ethics is an example of the way a company would have employees act; an instruction manual for ethical behavior. Simply possessing a code of ethics does not guarantee ethical behavior from employees.…

    • 1380 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Business Ethics

    • 2214 Words
    • 9 Pages

    This paper will discuss ethical behavior in the business world. In particular, the question of what ethical behavior actually involves will be analyzed in depth. Ethics is a topic that can be discussed at length without reaching universal consensus, and this text will not be an exception. However, it should shed some light on the issue of ethical corporate behavior. The objectives and responsibilities of business will be covered, as well as the ethical obligations of various parties.…

    • 2214 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Having ethical behavior is extremely important in the work place. Most businesses have an ethical code that they make there employees follow. There are some businesses unfortunately who do not follow there codes. Ethics is sometimes confused also with legality. The legal aspect should only be used when the ethical codes have been broken. For example when the scandal involving Enron came out, it was found out that the company created partnerships to hide their depts. This scandal could have been avoided if the company’s heads would have followed a standard of ethics. Since no ethics were followed the government took legal action against the heads of this company. What this shows is that companies who do not follow a code of ethics and in turn break laws should be punished. Companies with a code of ethics generated significantly more economic added value (EVA) and market added value (MVA) in the years 1997 - 2000, than…

    • 720 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ethics Reflections

    • 561 Words
    • 3 Pages

    Ethical responsibilities comprise of conduct that is not unavoidably classified into the law and might not assist the company’s immediate gains. Being honorable, company’s senior management should measure with justice, fairness and open-mindedness, consider the rights of employees, and offer a variety of treatments to employees only when variances between them are applicable to the company’s goals and tasks. Dishonorable conduct occurs when choices enable an employee or company to gain expense of society. Ethical factors are gradually having an influence into the way businesses are run, as the businesses are scowled upon if there is little to no social responsibility. This creates a problem with stakeholders of businesses where it affects the profit. Over time businesses are expected to be more socially responsible than ever before and to implement ethical management and leadership styles. Now there are regulations in place to guarantee that all businesses are conducting and trading in an ethical and socially responsible manner. This involves handling employees fairly and obtaining products that have been grown or produced in an ethical way.…

    • 561 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Ethical Thinking

    • 1027 Words
    • 5 Pages

    I personally feel that ethical decision making should be practiced in everyday life as well as in the workplace. Everyone is different and live by their own set of rules and standards on what they think is morally right or wrong. Ethical behavior is the standards that someone holds for themselves, and is applicable to whatever position that they hold in commerce, in their community, and even at home. Ethical behavior is applying these standards even when it is inconvenient to do so.…

    • 1027 Words
    • 5 Pages
    Good Essays

Related Topics