Ethical Behaviour
- Module Code: B9MG122
- Module Title: Personal & Professional development
- Lecturer(s)Name: Eddie McConnon
- Student ID: 10378459
- Word Count:
Contents
Abstract 2
Introduction: 2
Seven guiding principles 3
Global Business Standards codex 4
Fiduciary Principal 4
Property Principle 4
Reliability Principle 4
Transparency Principle 4
Dignity Principle 4
Fairness Principle 4
Citizenship Principal 4
Responsiveness Principle 4
Four unintentional influences: 4
Implicit Prejudice 5
In-group favouritism 5
Abstract
Few years ago "Ethical behaviour" was a term used only by people concerning individual ethics. Today business ethics are equally important and is an integral driving factor for
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This extends to include the intangible assets along with tangible properties of the organisation.
Reliability Principle
This principle relates to the responsibility of employee fulfil all commitments made between him/her and organisation.
Transparency Principle
It is based on the grounds that the truthful information is always presented to stakeholders internally and externally in the organisation.
Dignity Principle
This underlines respecting the dignity of all business stakeholders. Including taking care of human health safety and privacy. Humiliation or any human offense should be dealt with severity at the company level. It is the sole responsibility of the company to maintain employees’ and customer’s privacy. Child labour should strictly be avoided. Child labour https://www.theguardian.com/sustainable-business/2016/jul/28/cosmetics-companies-mica-child-labour-beauty-industry-india-
Fairness Principle
This brings in the need for stakeholders to be fair in in treating another party, distributing resources for maximizing the benefits, competition with existing or new competitors.
Citizenship
Ethical behavior is behavior that a person considers to be appropriate. A person’s moral principals are shaped from birth, and developed overtime throughout the person’s life. There are many factors that can influence what a person believes whats is right, or what is wrong. Some factors are a person’s family, religious beliefs, culture, and experiences. In business it is of great importance for an employee to understand how to act ethically to prevent a company from being sued, and receiving criticism from the public while bringing in profits for the company. (Mallor, Barnes, Bowers, & Langvardt, 2010) Business ethics is when ethical behavior is applied in an business environment, or by a business. There are many
The National Association for the Education of Young Children (NAEYC) is a nonprofit corporation dedicated to act on behalf of the interests of young children. The NAEYC Code of Ethical Conduct offers guidelines for responsible behavior and sets forth a common basis for resolving the principal ethical dilemmas encountered in early childhood care and education promoting a commitment to integrity, veracity, fairness, and human dignity at all levels; nevertheless, further research and/or developments may change the current code and state of knowledge. NAEYC have a Statement of Commitment; however, isn’t part of the organization’s Code of Ethics; instead, it is used as a tool, for personal acknowledgement of an individual's willingness to
The principle of order explains that if there is an action then there will either be a reaction or consequence based on the results that we are expecting. In order to get effective outcomes when working with families, children, and individuals I would have to consistently seek information to ensure that I was giving them correct strategies and techniques to improve their family structure. The principle of empathy expresses the need to understand certain situations form other’s perspectives in order to understand their reactions, emotions, and behaviors. This act will ensure that I am actually understanding the reason behind the behavior based on the client/person instead of in my own opinion.
Business Ethics is a set of moral principles applied in the commercial world. Business ethics provide guidelines for acceptable behavior by organizations in both their strategy formulation and day-to-day operations. An ethical approach is becoming necessary both for corporate success and a positive corporate image. Following pressure from
Ethics has been around for a long time. Merriam-Webster defines ethics as rules of behavior based on ideas about what is morally good and bad. It is an area of study that deals with ideas about what is good and bad behavior. Ethics has much to do with feelings and beliefs. If you feel deep down in your heart that something is not right, then it you should not do it. The Bible says, “So whoever knows the right thing to do and fails to do it, for him it is sin” (James 4:17 English Standard Version). Ethical business procedures include guaranteeing that the main legality is in place. Also, the company observes moral standards in its relationships with the people in its business community, which includes the most important people in their business, who are the customers. This report will discuss ethics in business, ethically transformed organizations; organizations preparation to make ethical decisions, ethical danger signs, and organizations that does business globally.
• Respect the rules and co-operate with employers in order to meet the statutory requirements
My second principle that I carry throughout life is honesty. Honesty to me is a quality of a person with good moral values. I believe if you have honesty, then you stay true to yourself which is
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
Ethical behavior is significant to the development of persuasion, and important to the behavior of humans.It also influences persuasion by developing the progression of persuasion, and increasing those who are accountable for it. A person’s ethical behavior originates with morals and changes into what way an individual is required to connect to encourage effectively and dependably and finishes with who obligation it is to take responsibility in a persuasive interchange. The significance of our ethical behavior is realized within all our origins as human beings and stands as the groundwork of our different societies. We are directed by our ethical customs in the cultures which we create and live. “ The persuader’s determined actions means more under deontological ethics than under teleological ethics”( Magee,2014). According to David B. Resnik, J.D.,( 2011), ethics is defined as standards for behavior that differentiate between tolerable and intolerable conduct. Ethical morals of behavior that specify how an individual should conduct them self centered on ethical responsibilities and qualities.
It is important for a business to balance all the different stakeholders that a company might have. Some stakeholders might have different priorities than others. For example, some shareholders expect the business to give them only money while others stakeholders need good working conditions. Also, investors might wish to see proof that the company responds to environmental matters before promising money to a business. In addition, problems might happen when stakeholders compromise to the expectation of other stakeholders.
Fiduciary Principle. As part of the legal structure of a business organization, each officer and director of a company has a legal fiduciary duty to act in the best interest of the stakeholders and other employees within the firm. Furthermore, there is also an implied fiduciary duty for every employee within the organization to also act in a way that
Ethical behavior is often seen as amoral when used for persuasive purposes. This is possible because persuasion may be used in unethical situations as well as ethical situations. Either way, it depends upon the person who is trying to persuade others. Adolf Hitler is an excellent example of someone who persuaded millions of people to behave unethically. On the other hand, Mother Teresa used persuasion for ethical reasons by caring for the sick and the orphaned, and because of this has impacted an entire world.
* Valid principles of justice are those with which all persons would agree to if they could freely and impartially consider the situation
Ethics is defined as what is right and what is wrong. Every business should behave ethically. The moral principles that guide the way a business behaves are business Ethics. Ethics are moral guidelines to people or to an organisation which govern good behaviour. So behaving ethically is doing what is morally right. Doing an ethical business may always be not profitable but it will be more beneficial to company and the people involved in company as well as the people who are getting influenced by the company. If a company is acting ethically then it is trying to differentiate between right and wrong and then chose the right decision for everyone. It is very easy it identify any unethical
Moral conduct (ethical behavior) comprises of regarding some critical appropriate standards like genuineness, decency, balance, regarding the respect, differing qualities, and privileges of other individuals. All that we do is a decision, so moral conduct is continually picking the proper thing to do. Ethical behavior is critical in business, MKD builds its arrangements with respect to excellent morals, and it is an essential