Ethical Problems in Business Environment

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Ethical Problems in Business Environment

By | Jan. 2011
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“Business ethics 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 business organizations as a whole” (“Business Ethics,” 2010). In today’s society, many people pursue careers in businesses for different reasons such as convenience, salary, and many other reasons that do not include ethics. Unfortunately, people’s professional values are no longer mirroring their personal values. (Tinkler, 2005). Individuals are giving up everything to move ahead professionally and as a result, businesses are becoming worse at upholding their ethical standards because they are able to get away with it.
ETHICAL PROBLEMS

Poor Human Resources practices are one example of how today’s businesses affect our community. Many businesses fail to create a system where there is strong communication between the employees and human resources. As a result, employees are unable to voice their complaints to the HR department and the HR department is unaware of problems within the company. Employees must clearly know what is expected of them, and when they are not delivering they must be addressed. This type of system is beneficial to the company because once flaws are addressed, then the company can come up with solutions to better manage the business. When businesses take the time to discuss projects and explain their goals to the employees, the employees feel as though they have a special place within the company and they become motivated. Keeping the employees updated on tasks, the more they become invested in the project. Also, many times companies fail to recognize and reward their employee’s achievements and this creates a bitter relationship between the employees and the company; human beings become motivated to do well through positive reinforcement. Favoritism also becomes a huge problem between human resources and the employees;...

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