Affect of Cultural Values And Personal Ethics in Business Decisions

1221 Words 5 Pages
Personal, organizational, and cultural values can create a difficult problem when trying to make a business decision that includes all the previously stated. Personal values are what each individual holds dear to them living the types of lives that he or she like and would like to lead. Organizational values are what are best for the company to maintain a good public image and employee guidance. Cultural are set on traditions handed down from generation to generation to preserve a way of living that each culture holds dear and true to them. Trying to intertwine these types of values when making professional and personal decisions in ones life can create a very stressful situation. Stand by personal values and do not deviate then there …show more content…
For example, professional associations have codes of ethics that prescribe required behavior within the context of a professional practice such as medicine, law, accounting, or engineering. These written codes provide rules of conduct and standards of behavior based on the principles of Professional Ethics, which include:
· Impartiality; objectivity
· Openness; full disclosure
· Confidentiality
· Due diligence/ duty of care
· Fidelity to professional responsibilities
· Avoiding potential or apparent conflict of interest
Even when not written into a code, principles of professional ethics are usually expected of people in business, employees, volunteers, elected representatives and so on (Colero).
The above stated quote gives and excellent informal standards of professional ethics. The informal principles of professional ethics are a blueprint that most people in businesses and many other workplace settings can refer to when some guidelines are unclear. The bullet points supply great characteristics and/or qualities he or she should have in making business decisions or involve these in the critical thinking process. It's hard not to include personal values when making business decisions. It is a very trying task to make business decisions that heavily include ethics and morals. The bullet points above are some very