Taking a Side on Business Strategies and Ethics

Ethics and moral obligations are issues we all encounter at one time or another. In the professional setting, all people should act in a manner that would uphold the good of society. To be ethical, one has to determine their obligations, moral ideas, and moral philosophy (Boatright, p. 19, 2009). The case analysis involving Jacob Franklin was a perfect example of how an individual can face the dilemma of doing what is right or wrong. Businesses have their own code of ethics, and the employees within the business have to determine whether or not they will follow the company’s code of conduct. I will discuss several ethical issues in the case analysis including; failure to report information, remaining silent regarding faulty equipment,

Three general principles will guide the move towards sustainability. Firms and industries must become more efficient in using natural resources; they should model their entire production process on biological processes; and they should emphasize the production of services rather than products. Versions of the first principle, sometimes called eco- efficiency, have long been a part of the environmental movement. "Doing more with less" has

1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse, but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model, the sales representative is not sure that the subsequent deliveries can be made on time. Any delay in converting to the new system would be costly to the customer; however, the blame could be placed on the manufacturer. Should the sales representative close the deal without advising the customer

According to the Oxford English Dictionary, the field of ethics can be defined as “the science of morals; the department of study concerned with the principles of human duty”. In international relations, it can be said that international ethics addresses the nature of duties across national boundaries, the way members of each community ought to treat ‘outsiders’ and ‘strangers’, and whether it is right to make such a distinction (Shapcott, p. 199). A range of difficult ethical problems, often seen as distinct from those in domestic political theory, arises with international political theory. However, two central questions which can be derived from this subject are whether outsiders should be treated with the same set of ethical duties as insiders, and, if so, how it can be done in a world where international anarchy and moral pluralism are the norm. For the sake of the argument, only the first question will be considered extensively in this essay.

No algorithm exists to decide what true business ethics are or how one goes about implementing them, since the morals of people differ. Without a finite set of business ethics, that people can refer to, people are commonly led in the wrong direction by people like Carr, who think ““the ethics of business are game ethics” (Carr 400). He thinks that:

This business featured on The Profit was in an awful situation. The Swanson Fish Market was rebuilt after their business burnt down in the past so they had to start over basically. However, they got a lot of insurance money to restart the business but they somehow weren’t doing very good. This business did a lot of unethical things to get into $900,000 worth of debt like employees buying the product with their own earned money just to keep the business alive and they aren’t willing to give up some things to keep the business running.

This case presents an ethical dilemma that many people in the business world face every single day. I am being asked to deceive the company’s major competitor to gain advantage over them in their production of a new, high quality fax machine. I understand that this trickery is wrong, but still need a paying job to support myself. I am torn between staying true to my moral beliefs and doing what’s right for the business.

Determine the impact of this event on ARC’s “benefits of business ethics” (employee commitment, investor loyalty, customer satisfaction, and bottom line).

Shaw and Barry distinguish two different forms of utilitarianism. What are these two forms? Briefly describe each and use examples.

These will be a bit more expensive but in terms of time and money but it will be worth since the company lost almost a third of the company asset trying to venture in the business which at the end was a total failure hence huge loss (Allen & Ferrell, 2005).

Business ethics play an essential role in the business world today. Since their development they have become a major influence on anything business related. The importance of ethics was chosen to give more of an in-depth look at not only basic benefits that business ethics bring about, but some less known benefits as well. Business ethics add great morale to the corporation and its culture, allowing the organization to use this as a tool for a multitude of organizational affairs. While there are some that oppose the use of business ethics in today’s business world, the benefits outweigh the opposition’s points. Comparing and contrasting the benefits and the opposition’s invalid arguments, it can be plainly seen why business ethics should be implemented and are a core aspect of any business that is looking to be successful in the modern world.

Business ethics administers the conduct that relate to what is right and what is not. They refer to moral standards that guide the way a business conducts its activities (Casestudies, 2015). The same rule that determines a person’s activities also applies to business. Acting in a moral way includes recognizing right and wrong actions and after that making the morally right decision. People often view ethics as a set of principles that they should all follow and in the business environment, the principle does apply. This concept of a set of principles that all individuals should follow relates to the Kantian moral idea. The basis for the ethical worth of an activity is the determination of whether it follows a universal principle that

Substandard working conditions in the less developed world are usually described as terrible places where employees are subjected to both mental and physical abuse, near impossible quotas, long hours, extremely low wages, and unsafe working conditions compared to western standards. All of this within an uninhabitable environment that corporations knowingly force the world’s impoverished people to submit to. Through pure ignorance, complete disregard, or lack of moral direction, many corporations have taken the concept of

1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse, but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model, the sales representative is not sure that the subsequent deliveries can be made on time. Any delay in converting to the new system would be costly to the customer; however, the blame could be placed on the manufacturer. Should the sales representative close the deal without advising the customer

Ethics describes combination of values that guide the behavior and conduct of persons or entities. It facilitates them to distinguish between wrong and right, good and bad, what can be or should be done and what cannot and should not be done. Business contracts are lawfully binding. However, they are effectual with a robust ethical framework where parties observe and satisfy their contractual responsibilities. An efficient operative economy is enabled by competing for, acquiring and completing contracts ethically. In the case of engaging in unethical conduct a company may lose contracts, particularly government contracts, and waste resources in litigation while looking for damages. This article describes the strategy notion and different methodologies to the tactical use of social responsibility and ethics for the business environment and also impact to the employee