1. What role does ethics play in the business research process? Be sure to specify this role for each major step in the business research process.
In general terms, Ethics are the norms for conduct that distinguish between acceptable and unacceptable behaviour.
Business research is defined as the application of ethical standards to human actions in the exchange process.
Ethical principles include Honesty, Objectivity, Integrity, Carefulness, Openness, Respect for Intellectual Property, Confidentiality. Ethics plays a very important role in many phases of the research process.
As a researcher:
Three stages involved in the ethical obligations of the researcher:
1) Before the Research Project: During this crucial period, the researchers interview key decision makers to gain sufficient knowledge of the situation. Key here is to translate normal decision issue into a researchable proposition. After study, researchers should honestly assess their capabilities and if they lack, they have to decline the project. Decision makers and researchers should have the understanding of when the research is required. Before beginning a project, the decision maker should be clear about
a) What information is unavailable which the decision maker needs?
b) How to use that information which is gathered
c) Time taken to get that information and cost?
d) Is there any profit or potential benefit which exceeds the cost
e) If competitors have the info? If so, how it affects their performance.
f)
Business Ethics are defined as “moral principles that guide the way a business behaves” (Businesscasestudies, 2017). In order for any business or individual to act in an ethical
Ethics is the moral principles that govern a person's behavior or the conducting of an activity. It is the moral values that a person believes in. The way that a person interacts with others. The golden rule of treating others how you would like to be treated. Having good ethics is a basis for having a successful business.
What is ethics? According to Velasquez et al (2010), “ethics is a well-founded standard of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations,
Ethics are defined as rules of behavior based on ideas about what is morally good and bad. Ethics is also an area of study that involves ideas about what is good and bad behavior and what is morally right or wrong. Ethics can vary from person to person. Ethics deals with making moral judgments about what is right or wrong, good or bad. Right and wrong are qualities or moral judgments we give to actions and conduct. Ethics provides us with a way to make moral choices when we are uncertain about what to do in a situation involving moral issues. In everyday life we make moral choices and judgements.
Ethical principles that support all research include: Protection of individuals, Ensuring that individuals only participate voluntarily, Ensuring that any personal information relating to the research is treated confidentially, Agreement that the plan for any research project is subject to independent scrutiny by experts.
According to Merriam-Webster, ethics is defined as an area of study that deals with ideas about what is good and bad behavior. Some would argue that definition is rather vague. A more complete understanding of ethics would suggest that it is more than just an area of study but rather a way of life; moral principles that govern a person's or group's behavior. If one is ethical and has good moral standards, it is usually seen in that person. Simply put, ethics could be considered the standards of behavior as to which society accepts.
Ethics deals with the responsibility the researcher has for their participants and the effects that the research can have on them.
Ethics are the “standards of conduct that indicate how one should behave based on moral duties and virtues.”
Farrell further discusses the current struggle between different ethical camps within research fields. The ethics theories discussed are utilitarian, rights, virtues, and principles, and the benefits and drawbacks of each are mentioned briefly. For example, the theory of principles argue that ethical guidelines for human subjects research cannot rely on guidelines alone, but must further involve a desire to act ethically at
Ethical research is crucial in protecting the civil rights of participants. Ethical standards also ensure sound methodology in research studies. This paper will analyze the different standards of ethical research.
To date, no consensus exists on the meaning of business ethics (Drucker, 1981) nor has research provided an answer. Business ethics and ethical behaviour of business managers have been researched, but the results have failed to clarify
Ethics or morals are rules for distinguish between right and wrong, a code of professional conduct that distinguish between acceptable and unacceptable behaviour. Most of our societies also have legal rules that govern behaviour but ethical norms tend to be border and more informal that laws .An action may be legal but unethical
The study of business policies and business practices regarding to potentially controversial issues of the business, as corporate governance, insider trading, discrimination, corporate social responsibility and fiduciary responsibilities etc. Here, business ethics are often guided by laws and regulation, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance.
Ethics must be applied at all stages of research, from planning to evaluation of the research project; data collection methods as part of the investigative process must be guided by the ethical principles and standards of the educational research. According to the American Educational Research Association (2011), there are twenty two ethical standards, which were created to ensure the validity, honesty, and reliability of all stages of the research process. there are several examples of the impact of ethical standards on data collection methods (Resnik, 2011):
Ethics is a part of every society and is entwined in every aspect of daily living, however the meaning of ethics or what is ethical differs. Ethics is commonly associated with morality and Webster’s New world Dictionary defines ethical as “conforming to the standards of conduct of a given profession or group.” Knowing what a particular society considers ethical and unethical is what contributes to living successfully in that society. This is the same for researchers; researchers need to be aware of what is considered ethical and unethical conduct of scientific inquiry.