Business Ethics and the Global Dimensions of Business Essay

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

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,

Welcome to IBM, one of the most prestigious corporations in the United States. We are genuinely excited for you to become part of our team and start working on projects. As a new employee, there will be a lot of information that will be put in front of you. Before you get more specific information on the specialized jobs you will be completing, it is extremely important that you are aware of the certain business polices we have at this corporation. There are numerous policies in our company. These may be found in the document Business Conduct Guidelines. This memo will cover only those topics that are found in the guidelines that relate to writing ethically and handling written materials properly. This focus is very important in the business world because we are faced with ethical dilemmas every day. How you react in these situations may affect your job security, salary, and most importantly, your reputation as a professional.

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

International business ethics challenges the corporate world to deal with questions of what to do in situations where ethical standards come into conflict as a result of the different cultural practices in the nation. Since, there is this dilemma that has progressively troubled the large multinational corporations, international business ethics has arisen to help address these adhesive subject matters. There are several international business ethics discussions on the question of how to act in the home country as opposed to the host country is at the central point of most international corporations. The argument in question is how companies should practice their business according

     Working in Human resources can make it very difficult to meet friends at work. Many Human resources professionals avoid being too friendly with employees outside of the department and there are employees who keep their distance from being too friendly with Human resources personnel.

We’re in a new time, a transitional time unlike any we have seen in recent history. As a result of this ethics has had to evolve. In this evolutionary era ethics must be shaped by the people who will are most involved in its making, more particularly me. I guess this leads us to the question what is the ethics that we will carry forth in order to shape this new world view inside of business. To answer this important question I must spilt the concepts into two different categories. The culture of the company, and the things that the company must work to avoid.

A: Karl has to deal with some ethical and possibly legal issues in the marketing of his game “Breakaway”. It is an issue ethically simply because he himself has to find out it is suitable to market a game that primarily gives its focus on nudity, violence, and gambling. When it comes to legal issues, is it legal to market these things in foreign countries and on the Internet? This is what he needs come to reality with and needs to think about. If they have the ability to market this game in other countries, then they would have to change different parts of the game for the countries that Will has looked into

(2014, p.184) point out. Mishra et al. also justify that an organization’s communication practices have an important influence on the degree to which employees (p.187). Therefore, taking all of our opinions into account might be achieving a better performance. Consequently, we failed to make full use of the revenue of WRSX to invest in emerging market and decreased the KPI’s. I consider that we have put too much weight to increase the share prices and made short-tern decision making. We should understand short-tern projects might increases the variable costs (Proctor, 2012, p.144) and loses many chances to market overseas. In addition, we are from two different cultures countries, according to Bilgin et al. (2004, p.17), the cultural characteristics probably influence on the process of strategy development. Thus, we might think business in a different way thereby we separate our points of view when we make a decision.

In business, there are fundamentals that organizations should follow to be successful. One would say that a company should have morals and rules they follow within the business. In order to know what business ethics are, one would have to know the meaning of ethics. Ethics can be defined as a behavior that is determined to be right or wrong and it involves the way people think and treats others. Ethics can be cultural, valued, or society based, depending on the person’s upbringing. It is often that ethical dilemma interferes with everyday life, especially in the workforce. This is known as business ethics. “Business ethics involves the application of standards of moral behavior to business situations” (Bethel, 2016, p.24). Overall, business ethics is a discipline which is the fast attracting attention of many organizations.

For some reason, some managers and entrepreneurs seem to think that taking the ethical route in the business world is a bad way to go because a person cannot be successful in such a “cut throat” profession. Whoever came up with the idea that this is true is lying to themselves. There are many successful companies in the world that are taking the ethical way but there are still many businesses that do not do this. Ethical behavior in the marketplace is hugely important because if a company gives off the right and meaningful message, people will put their focus towards that company and their products, because they will see that the company is there for the right moral reasons.

Each individual faces a situation in professional or personal life, where they are required to make an ethical decision. This type of decision making requires a person to make a personal judgment about a matter that affects lives of other people. For Example, to hire or fire a person based on race, ethnicity, or religion would be an unethical decision. In this paper will be discussed the ethical values of Shelina Virani, how her values align with the values of Kudler Fine Foods, and how these values would effect her performance as a manager at Kudler Fine Food.

“The state of business schools, business education, and business ethics” was written by Cavico and Mujtaba(2010). The article highlights the importance of business ethics course to determine some challenging issues business schools face today by integrating with the fundamental basis of ethics to business, to leadership and to business students’ education. More specifically, the ethics course is getting more and more important for society and the business world in terms of developing ethical comprehension and socially responsible behaviors and also companies have these kind of expectations from their employees, managers and directors. If the business ethics course was taught in business schools and universities in Turkey, the most important

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.