Defining Values and Ethics
The topic of ethical values and professional ethics is tremendously important to contemporary society. Without respect for fundamental rules and definitions of acceptable and unacceptable business practices, the general public [Redundancy: "public" means the general population. Remove "general"] would be at great [Clearer writing suggestion--"great" is an overworked word, too frequently seen, and too vague. It has too many meanings: huge, superior, numerous, etc. Besides "much," a "great deal" can mean an excellent transaction. Use a more specific adjective] risk from selfish business decisions and actions initiated by for-profit organizations to maximize their revenue regardless of the potential harm caused to others in the process. Newspaper headlines seem to be perpetually full of major ethical violations at almost any given time. Currently, the Gulf of Mexico is being devastated [The passive voice is a form of "be" (being) and a participle (devastated). Over-use of the passive voice can make paragraphs officious and tedious to read. Try to use the active voice most often, e.g., the student completed the paper on time. The passive voice version--The paper was completed on time by the student--See eCampus > Center for Writing Excellence > Tutorials & Guides > Grammar & Writing Guides > Active & passive voice] by the uncontrollable release of crude oil specifically because BP, a giant oil conglomerate, chose not to install a relatively cheap piece of equipment to guard against such disasters. Moreover, it seems that the company also purposely misrepresented its technical ability to deal with this type of uncontrolled release to government regulators to avoid tighter regulation that could have threatened it profit margin. That is only the most recent and largest example of the consequences of ethical violations in modern business among many.
Sources of Values and Ethics Generally, ethical values are sets of moral
References: Halbert, T. and Ingulli, E. (2008). Law & Ethics in the Business Environment. Cincinnati: West Legal Studies. Kennedy, E. (2006). America: Back on Track. Viking: New York. Phillips, K. (2008). Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism. New York: Viking. Reid, T. (2009). The Healing of America: A Global Quest for Better, Cheaper, and Fairer Health Care. New York: Penguin Group. Zimbardo, P. (2007). The Lucifer Effect: Understanding How Good People Turn Evil. New York: Random House.