The Ethical Dilemma Of Business Ethics

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

Business ethics refers to the consideration of moral decisions and responsibilities in the process of operating a business. Business ethics, practiced throughout the deepest layers of a company, become the heart and soul of the company 's culture and can mean the difference between success and failure. Values drive behavior and therefore need to be consciously stated, but they also need to be affirmed by actions. Ethical business environments are created with foundations of integrity, accountability and commitment.

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

Section two of chapter 6 covers teamwork in a corporate setting, as well as employer and employee rights. To promote the morally responsible actions of employees, corporations need to promote an ethical work climate. Four main tenants of an ethical workplace are presented. The first is that both employees and managers acknowledge ethical values, and that responsibilities to stockholders, customers, and other stakeholders are kept. The second tenant is the use of ethical language in corporate dialog, such as introducing a code of ethics. Third, managers need to set a moral tone in actions and words, and through examples and personal behavior. Finally, companies should have a conflict resolution procedure.

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.

Globally, Wal-Mart is the second largest revenue generating company. It is surprising to see so many discriminating issues within the company. Women working for the company are consistently treated unfairly, yet other issues exist. It is as if Wal-Mart has fallen into the negative economic routine. The company is guilty of everyday social discrimination; gender discrimination is just one main focus of our discussion. The affects of gender discrimination affect how women are treated, their income, and company policies.

Some themes I picked out from attending college surprisingly are not scholastic but more practical: the great importance of hard work, how to fail and not be a sore loser, having passion for what you do, and giving back to the community. Working hard has always been a principle that I have felt strongly about. Growing up, my parents had chores for me and my siblings whether it was vacuuming the living room, cleaning the bathroom or washing the dishes. We were expected to work hard daily to maintain the cleanliness of the house. I mention that because for this project I intend to examine the leadership in a business I would like to own, a daycare center. Owning a business allows individuals to take a sense of pride in their job,

Today businesses are faced with challenges, one in particular is diversification. Diversification according to John Jefferson and his associates (2009) is a form of growth, and the marketing strategy of a company, which seeks to increase profitability through greater sales volume obtained from new products and new markets. Interesting Jefferson (2009) also, states, diversification can occur either at the business unit or corporate level. Which bring s me to my point on diversity in business ethics. Richard Daft (2015) believes that global diversity in the United States, “the domestic population is changing dramatically” (p.11). Whereas, Daft (20015) points out, diversity is no longer just about, sales volume, a marketing strategy, but innovation from a diversified group of people. However, in the early stages of corporate structure people diversification was not part of the equation.

Many businesses, such as Company Q, are faced with ethical decisions every day. And many of these ethical situations can conflict with the overall profit margin of a company. In three distinct area Company Q has made ethical choices, electing to put the company first, and its customers and community second. In our scenario Company Q has made three ethical decisions that have directly affected the company, employees with the company, the community in which Company Q does business, and to the needy people that count on companies such as Company Q.

Business ethics and corporate morals have been evolving over the years, and continue to do so. These guidelines are constantly molding and vary as businesses become more integrated. Costco Wholesale Corporation, is a very successful multinational business, but has had issues in following along with social responsibility trends that come with advancements in domestic and worldwide partnerships.

During this short summer class, I have understood more than I ever could have done before. Not only because the study of ethics is crucial, but also because being socially responsible is part of being ethical. Among the most important assignments required from this course are: Journals, discussion boards, social project, and the lectures. However, the first group collaboration was our own code of ethics; from there, students were required to follow it as part of the course.

The Potential and Limitation of Teamwork Ethics as a Success Factor in the Business World

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

Monsanto is a world renowned organization dealing in agriculture products. The seeds produced by the business are genetically modified. The genetically modified agricultural seeds and products are under strict criticism by various environmental, agricultural, and social groups. The non-governmental organizations are also vocal about the issues raised due to cultivation of genetically modified crops as well as the consumers of the vegetables and fruits that are produced through these seeds. There are various pros and cons of using genetically modified crops. These pros and cons create a balancing mix of advantages for the human beings as well as the disadvantages for nature and human species. The discussion below is focused to provide understanding if the issue mentioned above.

When it comes to business ethics, I strongly disagree with the statement. This is because what managers should understand is that ethics are supposed to be international not local. Ethics can be defined as a set of standards that govern a person’s behavior or the behavior of a group or an organization. Basically, ethics refer to the distinction between what is right and what is wrong. However, in terms of business environment ethics, determining what is “right” may not always be straightforward. Most dramas in business settings relating to ethics are usually in the conflict between what one person thinks is right against what another person thinks is wrong depending on what seems to be effective at the moment. This brings about the ambiguity of ethics understanding. This is because, some people believe that ethics are supposed to be