Essay on Different Viewpoints of Business Ethics

1997 Words8 Pages
Introduction The purpose of this short paper is to compare and contrast three different peer-reviewed journal articles and one online periodical. First, the paper provides a brief introduction of the four articles. Second, the paper compares and contrasts the four articles. Finally, the author presents his views on the topic of social responsibility and business ethics before concluding the paper.
Four Articles
All four articles center their focus on business ethics. Of the four articles, three are scholarly peer-reviewed journal articles and one, by Friedman, is an online periodical.
The first article is “To be ethical or not to be: An international code of ethics for leadership” by Aja Alahmad. This article first states the
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This periodical looks at business ethics from the viewpoint of economics. First the periodical clarifies who is responsible for social responsibility. Then the periodical details political questions regarding business ethics in principle level and consequence level. Like Drucker, Friedman is against the very idea of business ethics. He attacks corporate executives who use business ethics as “cloak” to hide their unfounded and unjustified actions. Finally, the paper reaches the conclusion by stating that the social responsibility of business is “to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud " (Friedman, 1970).
The fourth and last article is “The relevance of responsibility to ethical business decisions” by Patrick E. Murphy. This scholarly article first introduces moral responsibility. Second, the article lists six different types of responsibility and illustrates them with examples. Finally, the paper examines seven articles by using the six types of responsibilities listed earlier. The paper concludes with need of future empirical studies to better define and prove responsibilities in business.

Comparison and Contrast: Clearly, there are two distinct poles when it comes to business ethics: One headed
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