Importance Of Business Ethics In The 21st Century

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Business Ethics in the 21st Century
Earl Kenneth Darko Sebastian Mena
BUSN623 – American Military University
October 15, 2014

Abstract
Business ethics courses, taught in higher institutions of learning such as colleges and universities have always been thought, in terms of making students more ethical. However, this is not what business staff considers as the most critical task during this 21st century. Instead, the most crucial task according to business staff is to ensure that students are able to comprehend complex ethical issues that the managers of this century must confront together with the most effectual ethical management, and sensible public policy in regards to the relationship of the business to the society. Despite the fact that ethical managers are faced with a myriad of ethical issues, the fact remains that those ethical issues differ from one business to the other. To coherently understand the complex ethical issues that managers must confront, this study will examine two specific ethical issues of this 21st century. In addition, the study will document the most appropriate ethical perspectives that can be used to solve the ethical issues and why they are suitable.

Business Ethics in the 21st Century
Introduction
In this 21st century, ethical climate is critical for nurturing entrepreneurship, innovation, and above all, …show more content…

Admittedly, confronting ethical issues, understanding the responsibility of managers, and making appropriate ethical decisions are pre-requisite to realizing success in the contemporary tumultuous business environment. Now more than ever, a significant number of consumers are demanding that the corporations involved be fully held accountable for the impacts of such a corporation on the community and the surrounding

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