The Issue Of Business Ethics Essay - 1359 Words

An oxymoron acts as a form of figurative language that grasps the attention of the reader and puts emphasis on two or more words. In the context of everyday life we hear some â€Å"normal† oxymorons such as â€Å"jumbo shrimp, passive aggressive, awfully good, The Great Depression,† and of course, â€Å"business ethics.† In terms of â€Å"business ethics,† the common misconception still remains that the word, â€Å"business† and the word, â€Å"ethics† should never be adjacent. Primarily, I find this misconception offensive, but also blatantly incorrect. As a rising business employee, I look forward to continually proving this â€Å"oxymoron† incorrect by utilizing the skills I learn to further both my knowledge and the knowledge of the world. Similar to the ideals of companies like the Container Store, Starbucks, and Whole Foods, more companies continually turn to â€Å"conscious capitalism† in order to better our world. Throug hout my short time at BC, I have found that the term â€Å"business ethics† remains plausible in this world and I look to enter my career with a focus on business ethics. After furthering my knowledge through articles, excerpts from books, and videos, I have found that the â€Å"myth of business ethics† is blatantly false and due to media bias and the misconception of capitalism, average Americans have built a form of disgrace towards businessmen and women in today’s society. â€Å"Trust in the news media is being eroded by perceptions of inaccuracy and bias, fueled in part by Americans’ skepticismShow MoreRelatedBusiness Ethics And The Ethical Issues1461 Words   |  6 PagesBusiness ethics and the ethical issues in marketing Moral principles that guide the way a business behaves are known as business ethics. However this term has a broader definition. As the word ethics can pose many definitions in a broad context and it can be challenging to find a common understanding of the term, hence, most companies denote the concept of the term ethics as responsible business conduct, business practices or integrity. Business ethics offers a tool for conducting business more effectivelyRead MoreEthical Issues Of Business Ethics1369 Words   |  6 PagesThe word ‘Ethics’ is derived from the Greek word ‘ethos’ (character) and Latin word ‘moras’ (customs) (Senaratne, 2011). Ethics is usually based around a decision one makes to help us identify what is good and what is bad as well as guiding us on doing well and avoiding the bad. What’s more, ethics are like a code of conduct asserting moral guidelines, prevailing good behaviour. It’s also about relationships and how we treat others. There are many underlying ethical issues arising for instance,Read MoreEssay on Emerging Business Ethics Issues914 Words   |  4 PagesStakeholders play a major role in the business arena, they are charged with the responsibility of ensuring their organization is a safe environment not only for themselves but for their employees. In a seemingly competitive and morally flawed world, business people and entrepreneurs are often presented with grave ethical challenges. For this reason their personal values and beliefs play a pivotal role in the success of the organization. When concealing doubts about the ethics of others, more than a few tendRead MoreBusiness Ethics : Ethical And Ethical Issues843 Words   |  4 Pages Business ethics is very important. Business ethics examines the moral and ethical issues that arise in a business enviroment. Ethical communication on the other hand allows the business to be honest with the customer. A business should not withhol d information in order to sell a product. A great article that discusses ethical communication is About Ethical Communication in Business by Scott Thompson. This article discusses the advantages of ethics, honest communication, code of ethics, aspectsRead MoreBusiness Ethics : Ethical And Ethical Issues1737 Words   |  7 PagesBusiness ethics examines ethical principles and moral or ethical problems that arise in a business environment. Business ethics often encompasses many concerns such social responsibility, sustainability, labour practices and environmental development. Business ethics as a concept fundamentally applies to all aspects of business conduct and is relevant to the behavior of individuals and entire organizations. Desjardins (2011) suggests that business ethics is the study of business from an ethical viewpointRead MoreEthics, Negligence, and Environmental Issues in Business1685 Words   |  7 Pagesï » ¿Ethics in Business 1. Discuss the ethical, negligence, and environmental issues you see in this case. BP’s negligence resulted in severe repercussions for the company, employees, and the environment. After being advised on multiple occasions of the issues concerning maintenance of pipelines, BP’s behavior in the issue of the Prudhoe Bay pipeline can be seen as unethical because it did not meet its social responsibilities/obligations to the community or its employees. Ignoring these obligationsRead MoreBusiness Ethics : Ethical And Ethical Issues1360 Words   |  6 Pages INTRODUCTION: Business ethics can be defined as the set of moral values and codes or standards of conduct in an organization. According to Wikipedia – â€Å"Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.† The particulars and specifics of theRead MoreBusiness Ethics And Law : Legal And Ethical Issues1213 Words   |  5 PagesLegal and Ethical Issues in Business Business ethics and law are fundamental principles that guide the way businesses operate. Business ethics are decided and formed by each company and differ from one company to another. They are the core values that business owners, managers, and employees use to conduct their daily operations. Acting in an ethical way consists of distinguishing between right and wrong and choosing what is right. Business law is all rules and regulations that all businesses shouldRead MoreEthical And Ethical Issues Of Business Ethics1612 Words   |  7 Pagesattitudes filter down to employees. Ferrell et al. (2015) states, â€Å"the more employees perceive an organization’s ethical culture to be the less likely they are to make unethical decisions† (p.134). Business ethics is not only about knowing what is right and wrong, or doing the right thing, ethics involves acting with responsibility, being objective when making decisions, putting honesty in all relationships, and maintaining e mployees’ fairness. According to Hughes, Ginnet, and Curpy (2012), â€Å"conflictRead MoreBusiness Ethics : A Stakeholder And Issues Management Approach925 Words   |  4 Pagesdiscouraged or even punished when the image of the whistle blower is seen as â€Å"disloyal† to the organization posing risk of normalizing wrongdoing and ultimately derive the public interest.† (Ashforth Anand, 2003) In the book, Business Ethics: A Stakeholder and Issues Management Approach states a common opinion, â€Å"Whistle blowing goes against strong U.S. cultural norms of showing loyally toward an employer and colleagues and avoiding the â€Å"snitch† label. However strong cultural norms regarding fairness