Business Ethics and Social Responsibility
The question “What is ethics?” often arises when discussing ethics. After doing research on ethics and the way people perceived it, I came across two answers that I felt responded to the question most accurately. First, “Ethics has to do with what my feelings tell me is right or wrong” and secondly, “Ethics has to do with my religious beliefs”. Being ethical is more of doing what your heart tells you to do above what your feelings want you to do. Acting according to your feelings can usually cause you to do something wrong and spiteful out of anger, sadness, or resentment, whereas your heart tells you to do something that is not always easy to follow. In other words, you may know the right thing to do but not always choose to do so. Also, some say ethics is what society accepts. Being that people have different beliefs, this may not be completely accurate. There are some people that believe abortion is moral because they do not consider a fetus a human life, whereas others believe abortion is immoral because a fetus becomes a human life the moment of conception. If being ethical was doing what society accepts, one would have to find a median on the issue, which in fact, does not exist. I consider ethics to be what humans ought to do in terms of rights, virtues, and fairness. We must continuously examine ourselves to ensure that we treat others how we would like to be treated and to encourage honestly, compassion, and loyalty.
Once we understand ethics, we must understand business ethics to morally run a business. Business ethics is the way in which one acts or conducts oneself in its daily dealings with the world. Some people believe in positive law, which considers whether an action is legal or not and establishes the standard for ethical behavior. Others believe in natural law that says our moral standards are derived from a higher source and that they are universal. To most people, a... [continues]
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