Northcentral
Business Ethics and the Role of the Corporation
Northcentral University
Rausell Harvey
03/2013
Business ethics is a form of applied ethics or professional ethics that 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 entire organizations (Free Encyclopedia). The term business ethics is used in many ways, and the history of business ethics has varied based on how a person or company conceives of the objects under discussion. In a wide sense ethics in business is just the actions or applications of everyday ethical or moral norms and or decisions in business. Construed broadly as moral reflection on commerce, business ethics is probably as old as trade itself. If law, is a rough guide to widely-held moral intuitions (Goodin, R.1985).
Ethics interest a person’s moral judgment on what’s right or what’s wrong. Resolution made within a company may be decided by an individual or a group of people, but whoever makes the decision will be impacted by the culture of the company. The thought to act ethically is a moral one; workers must choose what they think is the right course of action. This includes not taking the path that would lead to the largest and quickest short term profit.
Corporate social responsibility and ethical behavior can bring important benefits to an organization. For examples, it would generate more customers, increase in product sale or distribution and profit. Also, least turnover from workers and increase productivity, a good way to attract investors, keep shares up and generate more people wanting to work for the company. An absence of corporate social responsibility or unethical action may harm a company’s reputation and this will drive away stakeholders and could suffer a loss in profits.
Do you agree or disagree with Carr’s promise?
Northcentral University
Rausell Harvey
03/2013
Business ethics is a form of applied ethics or professional ethics that 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 entire organizations (Free Encyclopedia). The term business ethics is used in many ways, and the history of business ethics has varied based on how a person or company conceives of the objects under discussion. In a wide sense ethics in business is just the actions or applications of everyday ethical or moral norms and or decisions in business. Construed broadly as moral reflection on commerce, business ethics is probably as old as trade itself. If law, is a rough guide to widely-held moral intuitions (Goodin, R.1985).
Ethics interest a person’s moral judgment on what’s right or what’s wrong. Resolution made within a company may be decided by an individual or a group of people, but whoever makes the decision will be impacted by the culture of the company. The thought to act ethically is a moral one; workers must choose what they think is the right course of action. This includes not taking the path that would lead to the largest and quickest short term profit.
Corporate social responsibility and ethical behavior can bring important benefits to an organization. For examples, it would generate more customers, increase in product sale or distribution and profit. Also, least turnover from workers and increase productivity, a good way to attract investors, keep shares up and generate more people wanting to work for the company. An absence of corporate social responsibility or unethical action may harm a company’s reputation and this will drive away stakeholders and could suffer a loss in profits.
Do you agree or disagree with Carr’s promise?