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I'm stuck with my assingment on Business Ehtics. Need to talk about how a course in Business Ethics might be helpful to someone entering a job as a CEO in a multinaitonal company, or just an administrative position in a given company (as manager for example).
Thanks.

2006-07-04 16:22:47 · 5 answers · asked by Anonymous in Business & Finance Careers & Employment

5 answers

Anyone in business, from the CEO to the newest hire in the company are bound by the canons of ethics in order to do business. Customers demand honesty and accuracy, employees demand the right amount of pay and deductions, accountants and bankers demand that the financial figures are accurate and complete, etc.

The thing to remember is this: ethics has three major yardsticks-morality, legality and self respect. Is what I'm doing legal? (Goes to accuracy and completeness of reports, etc.) Is it moral? (Goes to societal expectations, from family, business and society at large.) Does what I'm doing promote self respect? (Goes to the question, "How do I feel about myself?" Do I feel guilty about what I did? Can I sleep with myself at night? Do I have to hide anything I did?)

2006-07-04 16:39:52 · answer #1 · answered by Michael B 2 · 3 0

When companies are truly ethical, that burden is shared by everyone throughout the company, from top management on down. Everyone owns the responsibility to make decisions based on the values espoused by both their company and their personal conscience — and it’s not too idealist to expect those value sets to be consistent, if not one and the same. In an environment where integrity is part of the very air that its people breathe, it’s rare that any one person is faced with the difficult choice between his or her self-respect and corporate interest.

According to “Wanted: Ethical Employer” (The Wall Street Journal, July 9, 2002), there may be a growing pressure for hiring managers to sell not only the value of the opportunity they’re offering candidates, but also ballyhoo their values statement and moral track record. In the article, Linda K. Trevino, chair of the Department of Management and Organization, Smeal College of Business, Pennsylvania State University, advises job seekers to conduct an “ethics audit” of the company making sure that key evidence of a lively values culture are in place. Among them:

• Formal ethics code that is widely distributed.
• Training in ethical decision making techniques made available throughout the ranks.
• The availability of formal reporting channels.
• Swift and just discipline for unethical conduct.
• Cultural emphasis of integrity and ethical behavior both on new employees and throughout the company.

2006-07-04 16:35:54 · answer #2 · answered by BluedogGirl 5 · 0 0

An overview:

http://en.wikipedia.org/wiki/Business_ethics




Google "business ethics importance" and you'll get these and more.........
Ethics in Business
Why has such an important topic as business ethics gone unnoticed, ... Business leaders know the importance of ethics--an international survey found that ...
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Importance Of Ethics In Business Resource and Information - Today ...
Looking for information about importance of ethics in business. The Canadian Technology and Human Resources Board takes a look at Importance Of Ethics In ...
www.cthrb.ca/Resource/importance-of-ethics-in-business.shtml - 26k - Cached - Similar pages

BSR » Business for Social Responsibility - Overview of Business ...
European companies especially have embraced this expanded definition of ethics. Among the most important business ethics issues faced by companies are: ...
www.bsr.org/CSRResources/IssueBriefDetail.cfm?DocumentID=48815 - 80k - Cached - Similar pages

Virginia Business: The importance of business ethics
Virginia Business magazine is the leading statewide source for in-depth news about Virginia's corporate community and the issues faced by Virginia-based ...
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Goodwill hunting - importance of business ethics - includes ...
Goodwill hunting - importance of business ethics - includes related articles' from Entrepreneur in Business & Finance provided free by LookSmart ...
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Gordon Heffern Speaks of the Importance of Business Ethics / News ...
Gordon Heffern Speaks of the Importance of Business Ethics. Published: 03/26/2004 11:59 am. Referring to his many years in the banking industry, ...
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Focus on Business Ethics
A glance around the Portsmouth office of philanthropists Christos ('57) and Mary Papoutsy shows the importance that business ethics, Hellenism and the ...
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Importance of Ethics
Ethics are important not only in business but in all aspects of life because it is an essential part of the foundation on which of a civilized society is ...
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SF News - April 1, 1999 - Opinion: Business ethics (Grant Havers)
But I would like to begin with a quote from an era, almost 70 years ago, which helps to put the changing importance of business ethics into sharp relief. ...
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ETHICS ON THE WORLD WIDE WEB: Business
Our site offers a variety of information on the importance of ethics, data protection, business ethics programs and other resources." ...
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2006-07-04 16:33:11 · answer #3 · answered by TeaSwami 4 · 0 0

You could google 'Code of Conduct", and it will lay out any businesses Ethic plan...especially if you accept federal dollars at your company.

2006-07-04 16:35:11 · answer #4 · answered by Anonymous · 0 0

I ould get a duplicate of The Economist, because it truly is an intrnation organization booklet. you could surely locate your article and take the tack on that, yet i'd could be able to ascertain the article previously I tackled the questions you've so posited.

2016-11-05 21:45:27 · answer #5 · answered by ? 3 · 0 0

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