The Caux Round Table

An appropriate code of ethics is a “form of legislation within a professional organization” which “binds it employees”, with “specific sanctions for violation” of the code of ethics set forth ("Code of Ethics," 2015). It’s a “formal document” and does not pertain to the “environment” or an “understanding” a consensus or unwritten rule, or aspect of the organizations culture ("Code of Ethics," 2015). An appropriate code of ethics is based on the “best-practice that applies to universal ethical deliberation” and recognizes, and encourages the “notion that personal and professional ethics cannot be dealt with as separate domains” ("Code of Ethics," 2015).

The purpose of this paper is to show that Revelational Christian Ethics is a viable metaethical approach to Business. This ethical theory is a prescriptive and a concrete expression of objective reality. It exemplifies the core values and teachings of Jesus Christ as the foundation of morality and guiding principles for ethical conduct, treatment of others, as well corporate leadership decisions that affect the environment, community, and economics.

There are many Bible verses that relate to business character. Many of them speak of honesty and integrity in business actions. Character is defined as the combination of a person’s ethical and moral qualities, and it is shown through the choices we make. Therefore, as a business owner or decision maker, one needs to consider the impacts the decision may have on others and the community and not be hasty in making the quick decision that may have negative impacts in the future.

Wayne Grudem wrote the book ‘Business for the Glory of God,’ this book is based on biblical teachings. The book discusses issues such as ownership, productivity, employment, commercial transactions, profit, money, inequality of possessions, competition, borrowing and lending, attitudes of heart and effect on world poverty from a biblical standpoint, each are “fundamentally good and provides many opportunities for glorifying God but also many temptations to sin.” (Grudem, 2003, p. 19) Grudem claims that business can glorify God. He states “I am going to argue that many aspects of business activity are

The author Robert Solomon argues that ethics has to an integral part with regard to business management. He does not believe that business management must include unethical or illegal methods to be able to succeed. Solomon preaches that business management is not as simple as obtaining revenue. “Businesses need to abide by fair policies and their owners have to be ethical in dealing with their customers” (Shaw p. 37). The author acknowledges that while illegal practices in business management could bring positive results at first, eventually the business is bound to fail. This is why Solomon recommended eight important policies that can help businesses in integrating ethics into their operations.

We as business owners, management and or in a role of authority must set, address and comply with a solid foundation of ethics. “A code of conduct is the single most important element of your ethics and compliance program. It sets the tone and direction for the entire function. Often, the code is a standalone document, ideally only a few pages in length. It introduces the concept of ethics and compliance and provides an overview of what you mean when you talk about ethical business conduct.”

“Business ethics is the application of general ethical ideas to business behavior” (Lawrence & Weber, 2017, p. 94) and it’s through these ideas that good, bad, moral, and immoral decisions are made based on the foundation and framework of how we view life. For this reason, our moral compass when based on a biblical worldview should influence how we approach making decisions as it pertains to business ethics (Porter,2013).

According to Duzer (2012), In pursuit of God’s purpose, people need to understand the ethical limitations embedded naturally in design of the God’s creation. It is not enough too simply align our businesses purposes with God earthly design, without limitation we still fall short of Gods expectations. God’s creation purpose for business includes businesses that serve the community in a positive way that strides to serve all citizens according to God’s plan. For example, a business might be able to produce more goods and services that would enable the community to flourish. It might create more vocationally rich jobs for its employees by disregarding its duty to provide return to its shareholders (Duzer,

Careful analysis of the corporate code of ethics, applicable laws, and Scripture provided clear solutions for managers to take to avoid these incidents. First, provide employees the code of ethics, train them to follow the codes, supervise the work of the engineers, and immediately correct violations. Second, take similar steps regarding the knowledge and application of law. Third, Christians must conduct themselves within the construct of God’s Word and these principles should provide an example for others to follow.

The ethical principles that would likely guide the marketing strategy for Jesus’ business would be to assure he is not selling people things they do not need and that the product or service is needed. He would not be selling anything just to make himself money. He would assure his work was high quality and offer a warranty or money back guarantee. His standards would match that of the business he was representing. He would be sure to serve all people not just his own kind. Being diverse adds value to your company and demonstrates to others, it is the right way to treat others.

This will be an over view of ethics as it relates to business in our society. Concepts from Philosophy will seek to describe the correlation between actions that are classified as morally right or ethical in our dealings with each other as human beings. Clear and concise examples will be given as well as ways in which to improve upon business ethics.

One of the first questions that needs to be addressed, is what the goal of a Christian financial manager is in a corporate setting? I believe that the goal of the Christian financial manager is to earn money for the company, while at the same time demonstrating an attitude of service to everyone they come in contact with (Chewning, 1990, p. 15). In the Bible, it tells us that we are supposed to treat other people the way that we would want to be treated, and that includes in the financial work place (Luke 6:31 English Standard Bible). As a Christian financial manager, the goal should be to treat everyone with respect. This is more important than making as much money as possible. However, it is not just about the financial manager, but it is also about the organization as a whole. A Christian financial manager should look at the workplace before they decide to work

Alexander Hill’s Christian Ethics for the Marketplace in my view point focuses on ethics as it relates to business which also includes the Christian element. Hill outlines the scripturally grounded ethical structure of holiness, justice, and love for business practices. Hill also connects his Christian ethic to the dominant methods of ethical practice in the world of business. Lastly, Hill uses the analysis of case studies in lieu of his proposed Christian ethic. Although questions in regards to ethical behaviors remain conclusively unanswered, several find ethical structure valuable when dealing with difficult situations.

Business is a game, which requires and demands both special strategy and an understanding special ethics. It gives main part to the profit but in the same way the ethics also plays a very important role in business because without ladder we cannot reach the high building like that without ethical thinking business cannot be done. Private morality is a respect for truth and that the closer a businessman comes to the truth he deserves more respect. According to Henry Taylor’s Statement he says that Ethics of a business are game ethics, different from the ethics of religion so he means that ethics related to business are like games and they are different from religion. Ethics means dealing with moral and in that truth plays the important

In their personal and professional lives, people can and, unfortunately, sometimes do go against their moral and ethical standards. Ethical standards are what it means to be a good person, the social rules that govern our behavior. Ethics in business is essentially the study of what constitutes the right and wrong or the good or bad behavior in the workplace environment. A business is an organization whose objective is to provide goods or services for profit. The organization has a group of people that work together to achieve a common purpose. The moral challenges that these men and women face each day along with a whole range of problems that could occur, are why ethics plays such an important