|Ethical and Moral Issues in Business

Continues for 4 more pages »
Read full document

|Ethical and Moral Issues in Business

By | October 2010
Page 1 of 5
Ethics, what is it? How is this word defined in the business world? For starters; The Merriam-Webster’s definition of ethics is: “the discipline dealing with what is good and bad and with moral duty and obligation.” Also Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company. In the business world, the organization’s culture sets standards for determining the difference between good and bad decision and behavior. There are two types of issues in the business world. They are known as Ethical and Moral. In moral issues a concern has been shown to be any type of issues with the potential to either help or harm a person. Often known as “norms” this issue has been defining as either Christian, or any other religion. Another example would come as a decision process. This person can become a gambler, lie to anyone, become a drink, take vengeance on another, and other thinks. The point of this is call decisions. The power to make changes for the best and perhaps we tried to make good rational decisions. Unfortunately, we however make mistakes too. In the end, we are only human. Ethical issues examines the problem or perhaps the situation that requires either a person or company to different alternatives that must become evaluated as Ethical or unethical. To keep these in laminas terms, the balance of good and evil in the business type. In the society, we always tried to involve ourselves in the community, find a good cause to donate, and just tried to do the right thing. In the Business world, we are striving to become that number one person that could take of any type of problems

In the business world, there are two different ways to make either money or popularly. For some, the rules of business in an ethical way would help the person understand the professional or applies ethics that examines principles in moral or ethical problems would arise in a business...

Rate this document

What do you think about the quality of this document?

Share this document

Let your classmates know about this document and more at Studymode.com