Corporate Roles, Personal Virtues, And The Good Life

In the book, If Aristotle Ran General Motors, Tom Morris argues that the teachings of the ancients can and should be applied to today's corporation. His message is that the four virtues - truth, beauty, goodness, and unity - form the foundation of human excellence. Putting them into practice leads not only to self-fulfillment, but ultimately to an open, nurturing, and ethical workplace that is more productive and successful in the long-term. The purpose of this essay is to examine how Morris treats the system of ethics in relation to these four virtues.

The author Robert Solomon argues that ethics has to an integral part with regard to business management. He does not believe that business management must include unethical or illegal methods to be able to succeed. Solomon preaches that business management is not as simple as obtaining revenue. “Businesses need to abide by fair policies and their owners have to be ethical in dealing with their customers” (Shaw p. 37). The author acknowledges that while illegal practices in business management could bring positive results at first, eventually the business is bound to fail. This is why Solomon recommended eight important policies that can help businesses in integrating ethics into their operations.

In “Cheating in a Bottom Line Economy,” author David Callahan explains the fundamental reasons for the decay of simple business ethics in today’s economy in order to meet bottom line standards. Callahan draws conclusions from everyday businesses such as auto mechanic services, law offices, and even professional medical firms to prove that people will almost always choose financial stability over integrity. The economic life in America has transformed itself into a vast land of professionals focused on achieving “lean and mean” businesses in efforts to achieve the “American Dream,” but in essence lose sense of their morals.

Mentioning about business classes, students may think about finance, marketing, accounting, management and so on. However, ethics class is designed for all business students to understand about ethics and how to do moral business. The article Can We Teach Character? An Aristotelian Answer by Edwin M. Hartman explains the principle of ethics and how the schools can teach their business students good characters. The author emphasizes on the Aristotle’s principles of well-being and ethics and how to apply these principles to real life.

Corporations can be large or small but they all have some sort of ethical impact on their employees, shareholders, customers, community, and surrounding environments. Richard DeGeorge writes, “We can speak of corporations having moral responsibilities to act in certain ways, and they are morally responsible for the consequences of their actions on people.” (p. 200). Large corporations are comprised of the board of directors, management, and their workers. They also deal with suppliers, customers, and have competitors. This essay will examine the moral responsibilities within a corporation.

We must change the focus of business ethics away from primary emphasis on Western ethics toward a deeper understanding of value systems that stem from different conceptions of human nature. We need to abandon the project of universalizing ethics along Western lines.

After listening to President Michael Shonrock, Joi Niedner, Wesley Bell, and John Clark during the business ethics panel that took place in Dunseth Auditorium at Lindenwood University on October 20, 2016, I spent quite some time thinking about, and going over in my head, what all these successful persons had said. I managed to come to an conclusion that I don’t think – as far as I can recall – was never explicitly stated during the panel. My conclusion was that trying to do the right thing is what can help one progress in life. During most ethical dilemmas there can be some debate regarding what the “right” thing to do is, and depending on one’s perspective it certainly varies, but ultimately I believe that at the very least trying to do the

Article Written by Joanne B. Ciulla used as a heuristic methodology for examining the significance of history in comprehension business and morals. The author utilizes various samples to delineate how the same moral issues in business have been around for quite a while. The article depicts early endeavours at the Harvard Business School to utilize business history as a method for showing understudies about good and social qualities. The author clarifies more about advancement as individuals are the same and consequently, the moral difficulties of human exercises, for example, business and have not changed much either. It expresses that a few leaders commit the heart-breaking error of suspecting that power exempts them from obligation, when

The author Carr Albert in his writing” Is business bluffing ethical” compare business behavior to poker game as the smarter person who will win the game use all his abilities, steady skill and techniques for the victory in the game. According to him “the standards of right and wrong differ from the prevailing traditions of morality in our society “because business ethics differ from moral ethics. As an example to his idea, he describes the lawyer job which is not consider following the ethics rules. Indeed playing “moral ethics” in business is a loss of opportunities against the competitors because every companies will try to gain the maximum market place in order to stay in the competition. Sometimes, you have to use others methods which

The purpose of focusing on the Aristotelean approach is to delve into business ethics surrounding an individual within their corporation, instead of the focus that centers on groups of people within a corporation. One presupposition regarding Aristotelean prejudices is noted between Pyrrhonian arguments, which state business is set apart from everyday life and increasing profits is the only social responsibility. In that, the writer goes on to contrast the Aristotelean approach between the Kantian and utilitarianism approach with their favor leaning towards Aristotelean. Studying the six dimensions that define the Aristotelean approach: community, excellence, role identity, holism, integrity, and judgment, my own views favor this approach. There is no “business world” and as individuals within a corporation, it is the individuals and the organization that define and build one another.

Virtue ethics can be applied to the CPA case and can be efficiently analysed by considering the key aspects of Aristotles approach to virtue ethics; Function, goals and the good, Flourishing, the Virtues (or excellences), and Developing the virtues. This case presents Malley, the CEO of CPA as a man that worked his way up through his social skills and when reached his desired position prioritising a higher income for himself. This became an ethical issue when extra efforts to obscure Malley’s income were undertaken. When disclosed multiple issues arose resulting in Malley’s forced resignation. Through the case it focuses on Malley’s promotion however doesn’t mention his skill base, thus leading to assume that Malley’s position was acquired

Similar to Gempesaw (2009, p.333) citing Curtis’s views on the economic recession that greed and the lack of ethical behavior can bring about mismanagement and lead to the current economic slowdown. He complains about business education that it only focuses on maximizing shareholder value rather than the importance of social responsibility, which should be considered as essential as profit margin and growth. Hence, this profit maximization should not be considered as the only one aspect to succeed in the business organisation.

When a company adapts ethical considerations, consumers, suppliers and communities are more likely to incline towards the business and consequently, the moral function of a company aids as a profitable increase since their products and services are beyond the matter of just doing what is right. Malachowski’s theory on the Nature of Business believes that moral considerations can potentially improve a business in a competitive advantage because it earns the trust and collaboration of the stakeholders and disagrees with the past beliefs that a company will naturally evolve based on a given situation when it arises.

The article “The New (Old) Case for the Ethics of Business,” describes Wolcott’s views on how business students are educated in the belief that business professionals must acquire additional ethical requirements in their field. Students are also taught the field of business may be considered my some, if not most, as untrustworthy. Wolcott provides a debatable justification on the “intrinsic worth of business vocations” (Wolcott, 2014, p. 128). He defends the attempts of those that wish to build up the happiness or good fortune of others, along with the products or goods that are already provided. He states how the ethics of business bank on more important beliefs, and that a person’s calling may or may not always help promote the happiness of others. Wolcott’s article speaks mostly to students, colleagues, and those in business whose main goals in business are for monetary profit-making reasons. His goal is to enhance their knowledge of principle based business practices for the good of all rather just for profit for business sake. He does not judge businesses that choose to forego success when it is morally crucial to do so. Also, he states he is not against businesses that help

The success of business now a days is apparent, but recently there is much concern in the business (and in society) literature and in the general press on whether business fulfils its social role responsibly. Business ethics, have been created in recent years as responses to an increasing sense of corporate wrong doing. This essay attempts to discuss what business ethics are for improvement of business behavior to the satisfaction of the “constituents” of business, i.e. the major stakeholders. In addition, the essay describes how similar ethics can be applicable to a University setting, especially playing a role in the society. It also explains the concept of integrity and its importance is our career.