The Law And Ethics Of An Mba Program

One of the most important purposes of laws in the world is just to prevent that nothing bad happens to us, for example how a society could survive without traffic driving laws? It is impossible, we need to have rules that shows us the way we have to drive, the signs we need to respect, the light we need to observe, when to stop and when we should pass, and the consequences of breaking the laws.

Ethics is developing a way of determining what values ought to be-how we ought to act embraces characteristics of honesty, fairness, compassion and integrity. Law is rules created by the governing body of a society to maintain harmony, stability and justice in that society. Ethics and law are exactly same in that ethics is what one should or should not do according to principles or norms of conduct. Ethics codes are not produced by democratically elected legislatures and the enforcement mechanisms are usually informal, may be complex and even unconscious. Whereas law is what one must do or must not do according to legal dictates. Laws are created by democratically elected legislatures in democracies and it comes with explicit penalties for infractions and a formal enforcement system.

Growing up, we have it drilled into our heads that we should always follow the rules, and never break the law. From parents, realatives, teachers, and generally any adult do we hear these messages. I guess I took all of that advice to heart, because I try to always follow the rules, and obey the law. Most of my peers however, do not listen to what their seniors told them as children. As a child, laws seem like the foundation that civilization was supported by. If someone does something that wrongs another person, they are punished. Sounds like a good idea, right?

The idea of laws was to make the morals of the community and their

Laws have been a part of civilization for many years. Without them, civilization would implode. Chaos would erupt and people would be a danger to one another. The world would be in anarchy and a brutal place to live. Humanity would cease to exist. According to Wikipedia, law is defined as “a system of rules that are enforced through social situations to govern behavior (www.wikipedia.com).” Laws are put into place to regulate society.

Imagine if someone you loved was shot. You call the cops, but they say that there is nothing that can be done because there are no laws saying they have to punish the criminal. If there were no laws, criminal could get away with crimes like that repeatedly without any punishment. This is a prime example of why laws are needed to keep society in order. The idea of rules in society has been around since King Hammurabi created the first set of laws in 1760 B.C. Egyptian civilizations created laws so that their society would last longer than other civilizations because people would respect their morals. William Golding, the author of Lord of the Flies, made a statement about human nature, saying that, “Man produces evil as a bee produces honey.” He had a theory that

Mentioning about business classes, students may think about finance, marketing, accounting, management and so on. However, ethics class is designed for all business students to understand about ethics and how to do moral business. The article Can We Teach Character? An Aristotelian Answer by Edwin M. Hartman explains the principle of ethics and how the schools can teach their business students good characters. The author emphasizes on the Aristotle’s principles of well-being and ethics and how to apply these principles to real life.

In modern American society, there is little thought in how and why the laws came to be. There is a natural assumption that the laws were made to protect the people and society. The law is made under the First Amendment of the Constitution of the United States which give the right to the people to seek its government for redress of any grievances. Utilizing this right, it gives rise to new laws to be enacted and old laws to be amended or repealed, in the ever developing society.

The authors talk about the laws and history as shaping the moral views of society, those who are in authority get to dictate what is right from what is wrong. The system is base on what those in power determine is the moral rule.

Outlined in this paper is a definition of the role and functions of Law in business and society. Without laws within a society to regulate the behavior of its people, there would be chaos and ineffectiveness. This paper has also provided how the

We can not hope and rely on other to help us when we are not willing to offer the same service. Therefore, the law will hold everybody accountable to the same standards and service. Morals are the principles of right and wrong behavior and the integrity or corruption of human character. Therefore, this law allows us to uphold our duties as humans to do the right things and help others. The law should be created because it maintains our humanity, moral duty, and is the right thing to do.

What does education mean if ethics is sacrificed for academic gains? As Aristotle once said, “educating the mind without the heart is no education at all”. Not to mention, ethics is the key in shaping moral identities in people, especially students. This essay examines the importance of teaching ethics to students and the challenges that come with it. Educating students on ethics can minimize academic misconducts, guide students to become self-reliant in decision-making and attain wisdom. Yet, less experienced teachers, ignorance towards the importance of ethics and the increasing pressure on teachers regarding students’ academic standards have become inevitable challenges in the implementation of ethics in education.

Ethics and law do not always go hand in hand. Not every law is ethical, and even if a law is considered ethical on its surface, it may result in unethical outcomes. "Ethics refers to well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues.”

Law can be defined as the written agreement that a society agrees upon this dictates appropriate and acceptable conduct and behaviour we display toward each other. Law is the foundation of the society it can only work if the society abides by it and work to maintain its existence, this will help solve any problems and crimes.

Since we were kids and became conscious of our surrounding, our parents and grandparents instilled in us an awareness of what is right and wrong. In other words, it is a trait of all human beings and fosters from our desire to get along with each other to live a harmonious life. Laws are a set of rules and behaviors set by governments that society illustrate on what people can or cannot do. The purpose of this paper is three-fold: it will identify and define what distinguishes law from ethics and what similarities they share. The second is an analysis of examples of where law and ethics either meet or diverge. Third is the role where law and ethics either meet or diverge.