Ethics In Business In 1550, Charles V Of Spain
Abstract
Managers must be concerned with questions such as how do ethics influence the decision-making process and how is work-related stress affected by technology. Ethics in business is not a new issue. In 1550, Charles V of Spain contemplated the status of the natives discovered in the New World. Should they be slaves or be assigned a higher status? As of today, management is still affected by business ethics and needs to be aware of ethical expectations and the ramifications that a lack of ethics can cause (Boyd, 2004, p. 35). Another concern for managers is how technology impacts work-related stress known as technostress. Both of these areas influence the behaviors of employees, customers, and managers, and therefore impacts how a company …show more content…
In 1550, Charles V of Spain contemplated the status of the natives discovered in the New World. Should they be slaves or be assigned a higher status? As of today, management is still affected by business ethics and needs to be aware of ethical expectations and the ramifications that a lack of ethics can cause (Boyd, 2004, p. 35). That is why many businesses have developed and adopted a code of ethics for all employees to follow, especially the managers, and mandatory annual training. Businesses and managers have established procedures for reporting ethical violations, involving employees in identifying ethical issues, monitoring and rewarding ethical behavior, and publicizing efforts in this area (Schermerhorn, Hunt, & Osborn, 2005, p. 445). Today in the post-Enron era, a vast majority of Fortune 500 corporations and the Big Four accounting firms have gone a step further by appointing an ethics officer. An ethics officer is an individual who helps foster positive ethical values and standards, and assists management and staff in living up to such standards (Daigneault, 2002, p. …show more content…
W. (2004). Business Ethics for Unseasoned Entrepreneurs: Trends and concerns for professionals and stakeholders. Proceedings of the Academy of Entrepreneurship, Vol. 10, Number 1, p. 33-36. Retrieved August 25, 2005, from http://www.sbaer.uca.edu/research/allied/2004/entrepreneurship/pdf/09.pdf
Brillhart, P. E. (2004, Sept). Technostress in the Workplace: Managing Stress in the Electronic Workplace. Journal of American Academy of Business, Vol. 5, Iss. 1/2, p. 302, 6 pgs. Retrieved August 22, 2005, from http://proquest.umi.com/pqdweb?did=653886081&Fmt=4&clientld=2606&RQT=309&VName=PQD
Daigneault, M. (2002). A Matter of Trust: Does Your Organization Need an Ethics Officer?. Catalyst, Sep/Oct 2004, p. 38, 4 pgs. Retrieved August 22, 2005, from http://proquest.umi.com/pqdweb?did=788907611&Fmt=4&clientld=2606&RQT=309&VName=PQD
Feick, D. A. (2004, June 21). NASA Policy Directive: Ethics Program Management. Retrieved August 25, 2005, from http://www.hq.nasa.gov/ogc/general_law/ethics/npd19009c.html
Schermerhorn, J. R., Hunt, J. G., & Osborn, R. N. (2005). Organizational Behavior (9th ed.). Hoboken, NJ: John Wiley &
Managers must be concerned with questions such as how do ethics influence the decision-making process and how is work-related stress affected by technology. Ethics in business is not a new issue. In 1550, Charles V of Spain contemplated the status of the natives discovered in the New World. Should they be slaves or be assigned a higher status? As of today, management is still affected by business ethics and needs to be aware of ethical expectations and the ramifications that a lack of ethics can cause (Boyd, 2004, p. 35). Another concern for managers is how technology impacts work-related stress known as technostress. Both of these areas influence the behaviors of employees, customers, and managers, and therefore impacts how a company …show more content…
In 1550, Charles V of Spain contemplated the status of the natives discovered in the New World. Should they be slaves or be assigned a higher status? As of today, management is still affected by business ethics and needs to be aware of ethical expectations and the ramifications that a lack of ethics can cause (Boyd, 2004, p. 35). That is why many businesses have developed and adopted a code of ethics for all employees to follow, especially the managers, and mandatory annual training. Businesses and managers have established procedures for reporting ethical violations, involving employees in identifying ethical issues, monitoring and rewarding ethical behavior, and publicizing efforts in this area (Schermerhorn, Hunt, & Osborn, 2005, p. 445). Today in the post-Enron era, a vast majority of Fortune 500 corporations and the Big Four accounting firms have gone a step further by appointing an ethics officer. An ethics officer is an individual who helps foster positive ethical values and standards, and assists management and staff in living up to such standards (Daigneault, 2002, p. …show more content…
W. (2004). Business Ethics for Unseasoned Entrepreneurs: Trends and concerns for professionals and stakeholders. Proceedings of the Academy of Entrepreneurship, Vol. 10, Number 1, p. 33-36. Retrieved August 25, 2005, from http://www.sbaer.uca.edu/research/allied/2004/entrepreneurship/pdf/09.pdf
Brillhart, P. E. (2004, Sept). Technostress in the Workplace: Managing Stress in the Electronic Workplace. Journal of American Academy of Business, Vol. 5, Iss. 1/2, p. 302, 6 pgs. Retrieved August 22, 2005, from http://proquest.umi.com/pqdweb?did=653886081&Fmt=4&clientld=2606&RQT=309&VName=PQD
Daigneault, M. (2002). A Matter of Trust: Does Your Organization Need an Ethics Officer?. Catalyst, Sep/Oct 2004, p. 38, 4 pgs. Retrieved August 22, 2005, from http://proquest.umi.com/pqdweb?did=788907611&Fmt=4&clientld=2606&RQT=309&VName=PQD
Feick, D. A. (2004, June 21). NASA Policy Directive: Ethics Program Management. Retrieved August 25, 2005, from http://www.hq.nasa.gov/ogc/general_law/ethics/npd19009c.html
Schermerhorn, J. R., Hunt, J. G., & Osborn, R. N. (2005). Organizational Behavior (9th ed.). Hoboken, NJ: John Wiley &