Business Ethics Essay

an action can't be right if the people who are made happy by it are outnumbered by the people who are made unhappy by it.

In business everyone has the power with their ability to spend an amount of money. People have the capacity to change situations in which many individual does not. As an organization may affect some people, they might have the obligations to their employees, consumers, community and the outside world. They have the responsibility to manage or control the business in a way that it will not harm, positively the benefits like people as possible and themselves. This can be simple, there may always be a conflict of interest between various groups of people. Each decision made by business man or woman has to be made with an informed awareness of the specific situation and then act according to some sort of system of principals, which is Business Ethics.

Luke, an employee of ABC Company has an ethical issue that makes him go and look for advise at the Ethics Department of ABC Company. The department of Ethics Department is dedicated to advise employee and prevent any risks of losing their jobs because of unaware immoral decisions. Now that the company has decided to build an adult entertainment retail store, Luke has come across a big decision. The Department of Ethics needs to help Luke decide to whether, obey his commencement with ABC Company and keep confidentiality until they make it public, or to warn his brother, Owen (who lives in the neighborhood that would be affected) that his house would substantially depreciate and he may lose money if he does not sell the house now

2. Laws must be static and unyielding in order to provide stability for a society.

“Unethical thinking is not just “bad business”; it is an invitation to disaster in business, however rarely (it may sometimes seem) unethical behavior is actually found out and punished” (Solomon, 1997:17) An ethical dilemma happens when an intricate circumstance which often originates from a struggle amongst the moral requirements of two persons.

Chapter 3 and 4 talked about if business actions were ethical or unethical. Reading at the begging of chapter three it starts off with a (ethical dilemma pg. 60) Jayla got hired as an intern at the Acme payroll dept. she tried her best to do her very best for that way she can have a full-time job there in the company. later she was hired full time after her graduation she was hired by a man named Deon he was the head of the payroll dept. She notices that one of the workers named Greg had very high number. Gaining three times as much as number 2 she was in ah by his work. She wanted to learn more from him. But she notices weird things going on. She notices Gregg and Deon always going out to eat with Mia all the time.one day Deon going to Jayla and hander her client

Lowry had copied papers for her boss Mona Williams prior to hearing that Wal-Mart’s is planning a 15 billion dollar stock buy back and felt that maybe her boss has traded stock information. Although Lowry, discreetly had gone to the ethic department to inform them of her finding of information she thought was unethical. Upon doing so even though Lowry omits she did not know whether her boss had done anything wrong. Moreover, the ethics departments told Lowry that day they did not see any wrongdoing. Even though Lowry acted in good faith, “pointing out that their might have been some wrongdoing” However, her name is revealed by the Communication department and giving to Business Week and to her boss. In dispute, however, are the circumstances that led Lowry looking for a new job. Since the incident has asked

Within chapters three four and five you are brought upon question that revolve around "When We Act Against Our Own Ethical Values, Why You Aren 't as Ethical as You Think You Are,

Therefore, Market West accepted the corporation stock as partial debt. Hooper and Yoder agreed to add Brian Bradley who worked for Market West as the third director. Hooper colluded with Bradley and violated a fiduciary duty to Yoder by issuing 95 shares of stock to himself, 5 shares to Bradley, and none to Yoder. Furthermore, Hooper got paid $141,000 salary from the business without Yoder knowing. More importantly, Hooper and Bradly voted to force Yoder to leave the corporation. After Yoder found out that Hooper broke their agreement, violated Yoder’s rights and duties, acted dishonestly, and made unethical decisions, Yoder sued Hooper and Beautiful Daydreams in the District Court. Under the common law, with these facts, the court supported Yoder and ordered Hooper to give back one-half of the salary plus one-half of the shares of stock to Yoder.

The ethical dilemma that the assistant controller Cassidy Manning is facing would be her reliability to her co- workers, along with cutting the costs for LeMar Packaging Inc. for three years by 5%. The reason she is facing an ethical dilemma is because so would be reducing the cost that LeMar Packaging because they would be switching to activity- based costing(ABC) . But by doing this two of the employees will be getting laid off.

Consequently, it is my opinion that both Brian and Lauren have breached the ethics and all liable to be reported to the ethics officer of the firm. After reading Sue Garcia’s response to Lauren, I am inclined to believe that this may not be the first time for the company to deal with insider trading and other unethical practices. This indeed warrants for the firm to take decisions accordingly to restructure its ethical

Ethics and moral obligations are issues we all encounter at one time or another. In the professional setting, all people should act in a manner that would uphold the good of society. To be ethical, one has to determine their obligations, moral ideas, and moral philosophy (Boatright, p. 19, 2009). The case analysis involving Jacob Franklin was a perfect example of how an individual can face the dilemma of doing what is right or wrong. Businesses have their own code of ethics, and the employees within the business have to determine whether or not they will follow the company’s code of conduct. I will discuss several ethical issues in the case analysis including; failure to report information, remaining silent regarding faulty equipment,

The notion of ethics deals with people’s behaviors within a company. Social responsibility involves a company’s moral obligations and the manner in which the organization makes its decisions. Although ethics and social responsibility are similar on a conceptual basis, each has its own unique characteristics that express their differences and its independence of the other. Ethics and social responsibility have to be present and coincide with one another for a business to be ethically sound.

2. Ethical Issues in Business. It seems that every day in the news we are hearing of new company that has acted at least unethically and possibly illegally in the operation and financial reporting of their company's business dealings. There are many ethical issues in business. One major issue that we see is over and under reporting net income. Companies like to show that every quarter the net income of the business has an increase or profit. In order to show this they adopt unethical or illegal means in the operation and financial reporting. One such method is the indiscriminate use of stock options for employees that enable companies to take employment costs off balance sheet and inflate earnings. With the recent ethical issues we have

Ethics is the branch of philosophy that deals with the principles correlated to human behavior concerning the rightness and wrongness of specific conduct, and to the good and bad that influences and ends those actions (Ditonary.com, 2011). In other words, ethics is the choice people effect in regards to a decision they need to achieve. Without ethics directing the choice an individual makes, moral preferences of what should or should not be done becomes irrelevant. While ethical decisions are made every day there are two different regions in which these choices are made.