Implementing an International Code of Ethics could bring about positive change in the business world by providing a common set of principles and rules that would be followed by all those involved. This might ease some business tensions and would hopefully reduce confusion or offense that may come from business without. Both companies and employees are more comfortable when there is a uniform code to follow (Jennings, 2015, pg. 389) and it can help unify an organization under one set of ethical conduct. Having an International Code of Ethics would provide little chance of offending someone from another business in another country and would everyone on the same page to ensure smooth business operations by not allowing some companies to get an upper hand by doing something that a majority of the world considers unethical.
However, many countries have varying customs and varying definitions of what is ethical depending on their culture, so it would likely be very difficult to come up with a code that met the needs of all business worldwide and some of the codes may not be appealing to all companies, depending on their location. Some countries may not operate in a similar way and the code of ethics may prohibit taking an action that in the country’s eyes would be normal and they may find the behavior rude. This attempt at forming an International Code of Ethics that suits all countries may actually end up causing a lot of arguing which could lead to companies refusing to do
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The American Counseling Association and the American Mental Health Counselors Association Codes of Ethics both provide guidance and direction in making ethical decisions for their members (ACA, 2005) (AMHCA, 2010). Both the ACA and the AMHCA Codes of Ethics cover a wide range of moral and ethical situations that could present themselves to mental health professionals. Both of these codes of ethics have significant impacts on the counseling profession. The tools provided by these codes of ethics ensure that mental health professionals are able to conform to the regulations set forth. They address common concerns from varying points of view. Understanding these codes of ethics is essential to all mental
6. All employees will be open in attitude and action toward all persons regardless of race, creed, social class, religious beliefs, lifestyle, or position or influence within the organization and community.
Having a personal code of ethics is very important to me since it defines who I am and what my beliefs are. My ethical code symbolizes who I am as an individual as a result of my moral, religious, intellectual and cultural upbringing. One of my greatest wishes is for my personality and actions to clearly define my code of ethics, without me verbalizing or someone else reading it on a document. Some questions that I would like others to ask and come up with their own answers without being doubtful and uncertain are: Is she an honest person? Is she a leader or a follower? Does she practice what she preaches? Does she exercise a love for God? These are the questions and answers that should reflex my
I, Rob Geis, commit myself to the code and values that I am about to describe. As a person I have vast life experiences that have affected who I am and what I believe in. As a Public Relations professional it seems that our industry is often under ridicule for being unethical and known as spin doctors. As an ethical student and person I consider these key values as guiding stones to my applied ethical choices. Family, friends, school and religion have all made me the person I am today and influence my ethical choices.
Different organizations are driven by specific sets of code of ethics, which are used to protect many different aspect of the organizations, specifically the client, counselor, and organization. Concerning the standards of a counselor, their ethics are not only provided by the laws of the state or their practice, but also outside sources who present basic values and regulations of ethical standards in their code of ethics. This paper will look at two specific associations: the American Counseling Association (ACA) and the American Association
As many organizations have or seek to establish a global footprint, it is imperative that they establish a written code of ethics that clearly lays out what the company stands for as well as enforce it. This is required as it will establish the acceptable behaviors for those that fall under the code of ethics. Taking the time to develop this is key to successful interactions with internal and external shareholders as well as reducing negative perceptions by stakeholders.
My personal Code of Ethics includes Respect, Integrity, Fairness and Caring. Some situations in life may be subjective, but what matters is making sure the results are fair for all parties. Through the years I have found identifying and setting personal values to be increasingly difficult since the right decisions aren’t always appeasing to all that are involved. Every decision made or not made is definitive of myself, and in believing so removing the need to conform to standards imposed by society.
Globalism has resulted in a number of changes for the economic viability of the modern corporation. As both the developed world evolves in their new market structure, the developing world adds to the pressures and changes necessary to do business in the contemporary environment. Doing business is not the same worldwide, and the citizens of the global village realize that there are different cultural norms, behaviors, and expectations that stakeholders of all types have when thinking about the modern corporation. Business ethics sets up standards for organizations to act in a way that may be considered right or wrong, or at the very least acceptable or unacceptable. As trade barriers are falling around the globe, differences in morality are gaining more interest regarding such issues as human rights, political behavior or even environmental conservation. The core purpose of a multinational business is to continue to grow the organization, find more resources, develop more product and convert new customers. Without fiscal advantages, organizations would not have the impetus to expand globaly greater profits, less regulation expense, tax incentives, larger universe of workers, etc. Multinational corporations do, however, need to keep in mind that customs, laws, and expectations may very well change by country, but that there are still remaining overall global moral standards of behavior (Mayfield, 2003).
A code of ethics is a set of written principles regarding conduct and behavior created by the organization to serve as a guide. The purpose of ethical codes is to give its employees, management, and any interested party a reference point that adheres to company policy, standards, and ethical beliefs. The code is made visible to the public to ensure professional integrity, quality, and to prevent misguided conduct. Regardless of the organization or governing body a code serves as a go-to guide because ethical issues can stem from anywhere at any given time. The Code of Ethics for Nurses is so dynamic because as technology changes, so does the code to ensure that updated knowledge is provided to healthcare workers as they address new ethical
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
All employees and senior level executives are expected to uphold to the Global Code of Ethics in the highest ethical standards of this corporate international organization. Each employee is to abide by the laws of their country and the regulations of the organization in which they work. The Global Code of Ethics helps ensure compliance with the standards of business, ethics, and governing regulation requirements put in place. All employees and senior level executives are expected to read and understand the Global Code of Ethics and uphold these standards in their daily activities while being mindful of the organization’s policies and procedures.
The discipline in terms of strategic management varies from country to country with very little established international governance to monitor business transactions. With the continued growth of global business, a universally established code of ethics is warranted. Outside of reprimand or being lauded for acting in a manner that’s socially acceptable, profit-seeking entities, especially multinational corporations, have found that their ethical behavior, either real or perceived, have financial consequences that impacts their growth and sustainability. Economist Milton Friedman contends, the market will reward or punish companies for unethical conduct without need for government regulation (Ferrell, Fraedrich & Ferrell, 2013, pg. 153). Over the past two decades heavy fines have been levied on a multiple corporations because of unethical business practices on the global stage. Most claimed they were not aware of moral standards or other wrongdoing and immediately tasked company strategists to develop and implement corrective action. Robertson and Crittenden stated, by understanding variables and dominant moral philosophies, policymakers and strategists charged with establishing organizational codes of ethics, will develop corporate training programs, and implement local decisions to be better prepared for implications of their decisions and actions