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How do you define ethics
Religious views and affiliations in business ethics
How do you define ethics
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Many people have different views of what ethical behavior is. Ethical behavior is defined as “Acting in ways consistent with what society and individuals typically think are good values. Ethical behavior tends to be good for business and involves demonstrating respect for key moral principles that include honesty, fairness, equality, dignity, diversity and individual rights (Ethical behavior, 2016).” In this paper, I explored ethical decision making with examples. In addition, I discuss how ethical decision making benefits from a Christian worldview. What would be the result of an organization if Christian worldview was eliminated ethical decision making was not practiced? The moral standard erosion that occurred at the Phoenix Veteran’s Hospital …show more content…
However, the selection of an appropriate business model reflects ethical practice that yields to ethical considerations could benefit from a Christian worldview into their business practice perspective. “Someone with a Christian understanding of the unconditional value of life, cannot be careless in the workplace about products and quality-standards that pose a threat to the lives of consumers or employees. Neither can someone who believes that humans have the responsibility to cultivate and protect nature, be careless about pollution and ozone- depletion. In the same way, someone with a conviction that special care should be taken of the unfortunate in society, cannot be unconcerned about employment practices that cause hardships for employees in their old age (Kim et al.,2009).” Employees that share Christian worldview may add to the efficiency of a business’s operations. For example, is Tyson Foods which ranks 75 on the Fortune 500 list. They have managed to incorporate Christian values into their corporate culture by providing chaplains of all faiths at the work place. This has resulted in increased productivity. For all employees and especially those who may not be religious find the chaplains as a safe avenue to share their problems with instead of leaving work. In addition, Tyson Foods donates food to the poor making them socially
Alexander Hill’s Just Business: Christian Ethics for the Marketplace, explains how it is a Christian’s duty to do the right thing. Hill uses Christian values and morals as a way to explain the behaviors and actions that should be taken into consideration for every situation, whether it is personal or business. Hill states that we must “act in a manner consistent with God’s character; if not we act unethically” (p. xiii) The entire book is broken into three parts, concepts, false exits, and topics. Hill describes that there are three characteristics that should be made during a Christian’s decision making
Ethical decision-making is the responsibility of everyone, regardless of position or level within an organization. Interestingly, the importance of stressing employee awareness, improving decisions, and coming to an ethical resolution are the greatest benefits to most companies in today’s world (Weber, 2015).
...ints this can be accomplished by applying the remedies discussed by Rion. Applying these principles will be helpful in building relationships with customers, employees, and stakeholders. Associates who know how to handle ethical concerns are also more productive, they possess strong core values that reinforce their sense of purpose. Rion’s concepts are ethically sound, relevant, and can be supported by biblical verses like Col. 4:1, 1 Jn. 5:4, and Ro.3:31. “If you build that foundation, both the moral and the ethical foundation, as well as the business foundation, and the experience foundation, then the building won't crumble” as cited by Henry Kravis N.D.
Of the many possible ethical dilemmas that people could face in the business world, the article: “The ‘Do Whatever It Takes’ Attitude Gone Wrong” portrays particular ethical situations in todays business world that are very common: poor social responsibility and its negative effects. Social responsibility is considering what affects business decisions and products have on society. The article reveals what goes on behind the scenes at a business in terms of poor ethical decision making and how often it occurs. It mainly focuses on how business decisions are made without consideration
On April 24th, 2014, one simple recording released by TMZ made Donald Sterling, owner of the NBA’s Los Angeles Clippers, the most hated man in America. In this recording, Sterling ranted over the fact how he did not want V. Stiviano, his partner, to be affiliated with any African Americans. As a result of his racist statements, fans, athletes, and sports organizations/members, voiced their opinions on the matter, flourishing social media. Many star players such as LeBron James, Michael Jordan, Magic Johnson, and a majority the Clippers players acknowledged that something had to be done, and that the NBA is no place for racism. In the end, after team owners took a vote, NBA commissioner Adam Silver held a press conference enlightening the public
Ethical behavior is behavior that a person considers appropriate. A person’s moral principles are shaped from birth, and developed over time throughout the person’s life. There are many factors that can influence what a person believes is right, or what is wrong. Some factors are a person’s family, religious beliefs, culture, and experiences. In business, it is of great importance for an employee to understand how to act ethically to prevent a company from being sued, and receiving criticism from the public while bringing in profits for the company.
It has also been shown that these codex encompass many of the biblical values Christians are expected to posses. A unique observation can be made when about the teachings of the Bible and the intent of the codex. Repeatedly the command to love your neighbor as yourself supported the objective of the codex principle. This supports the validity that Christian ethics are still applicable in today’s industry and should be the foundation of all our ethical decisions.
The term “ethical business” is seen, by many people, as an oxymoron. This is because a business’s main objective is to make as much money as possible. Making the most money possible, however, can often lead to unethical actions. Companies like Enron, WorldCom, and Satyam have been the posterchildren for how corporations’ greed lead to unethical practices. In recent times however, companies have been accused of being unethical based on, not how they manage their finances, but on how they treat the society that they operate in. People have started to realize that the damage companies have been doing to the world around them is more impactful and far worse than any financial fraud that these companies might be engaging in. Events like the BP oil
Many ethical dilemmas are philosophical in nature, an ethical issue can be described as a problem with no clear resolution. In order to solve the issue or dilemma a consensus between the parties involved must be reached. There are several reasons to come to an agreement over an ethical dilemma, it is the basis for all aspects of personal and professional dealings. Each one of us is part of a civilized society and as such it is our responsibility to be rational, honest and loyal in our dealings with others. (Alakavuklar, 2012) states that individuals make decisions for different situations in business life involving various ethical dilemmas. Each time either consciously or unconsciously individuals may follow some ethical approaches
The Facts: Kermit Vandivier works for B.F. Goodrich. His job assignment was to write the qualifying report on the four disk brakes for LTV Aerospace Corporation. LTV purchased aircraft brakes from B.F. Goodrich for the Air Force. Goodrich desperately wanted the contract because it guaranteed a commitment from the Air Force on future brake purchases for the A7D from them, even if they lost money on the initial contract.
Everyone in this world has experienced an ethical dilemma in different situations and this may arise between one or more individuals. Ethical dilemma is a situation where people have to make complex decisions and are influenced based on personal interest, social environment or norms, and religious beliefs (“Strategic Leadership”, n.d.). The leaders and managers in the company should set guidelines to ensure employees are aware and have a better chance to solve and make ethical decisions. Employees are also responsible in understanding their ethical obligations in order to maintain a positive work environment. The purpose of this case study is to identify the dilemma and analyze different decisions to find ways on how a person should act
Ethics are the driving force behind good business. Every ethical choice made by a professional can and will have a much different outcome than any unethical choice. Bad ethics can ruin many aspects of a business and as (Gaye-Anderson, 2007) states how quite easily the lives and professional reputation of the employees can even be severally damaged (para. 3). Everything from morale to motivation can be severely affected by poor ethical choices. Customers will take their business elsewhere. Employees will abandon ship. Other, competing businesses reap the benefits of the bad moral choices. Ultimately, the entire business can be brought down by one poor ethical choice.
Value motivated ethical leadership is needed today. The world has such a diverse work force today, and managers must develop and empower workers to achieve organizational goals. One develops his or her ethics from his or her culture, ethnic background, and religious beliefs. This paper discusses the importance of ethics and technology in the managerial decision making process and work related stress.
Now that the three ethical theories of determining if an action is ethical or not are understood, it is clear that what is ethical to one person may not be to another. Modern business will use there existing knowledge about human relations to deal with ever changing ethical views. While the understanding of ethics has changed allot since the beginning of civilization, it will continue to change as new cultural norms are developed.
Scholars believed that the culture and the behavior of the individual in this culture are the major factor affecting the ethical work climate of the organization (Victor, Bart and Cullen, 1987). Scholars are also of the opinion that decisions are more ethical in such organizations where moral development is concerned (Fritzsche 2000; Sims and Keon 1999).