What are Business Ethics
商务英语-business-ethics
PartⅡ
• The ads about cigarettes still can be found somewhere.Even in movies and TV shows.
we may find that cigarettes were advocated by the actors.
PartⅡ As we know, smoking a lot is harmful and increase risk of death
Part Ⅳ • How to manage ethics in the enterprise？
Part Ⅳ
• 1. The bottom line of an ethics program is accomplishing preferred behaviors in the workplace. • 2.The best way to handle ethical dilemmas is to avoid their occurrence in the first place. • 3. Make ethics decisions in groups, and make decisions public, as appropriate.
PartⅠ
• business ethics may relate to the following four fields: Finance,Management,Marketing,Accountant
• And it relates to 3 relevant roles in business world: Corporation,Consumers,Competitions
to guide leaders through complex dilemmas. ③substantially improved society.
CSR and BUSINESS ETHICS
2. Firms should behave ethically because it is the right thing to do
3. Good for business - reputation, profits, rise of the „ethical consumer‟ & „ethical investor‟ 4. Firms have a broader social responsibility than wealth generation - many have a legitimate stake in the way a company operates
Sources of ethical theory
• Western philosophical tradition has dominated writings about business ethics
– E.g. Aristotle, Utilitarianism, Kant
• but emerging economies are leading to greater pre-dominance for other traditions • Always scope for regional and local traditions
– Sullivan Principles - originally developed re apartheid - use US rather than South African workplace practices
• 1986 US Anti-apartheid Act based on Sullivan • 1999 Global Sullivan Principles - voluntary
Business Ethics
商业道德企业战略
商业道德是企业战略必须考虑的一个因素
从长期来看，商业不道德是损害消费者或者竞争对手利益的
可能遭受报复；可能遭受法律制裁；
商业不道德造成企业失信，企业将经营不下去
可能没有销路
从战略上讲，企业具备利用商业道德的可能
资助与自己行业相关的社会问题
旅游业资助环境保护；保险业资助传染病防治；高科技行业资助教育；
为什么以E[Ps +E(Ve)]做分母
并不是所有的人或公司看到有利益就会有商 业不道德的冲动。原因是每个公司或者个人 对自己的道德都赋予一定的价值。这个价值 都会因为商业不道德被外界发现而降低。 E(Ve) 度量了这种对自身商业道德估值的变化
U()数值的含义
当U() ∈(-∞,0)时，企业没有商业不道德冲动
企业商业道德 企业法律规范
市场机制的缺陷
不完全竞争，外部性，信息不对称
法律的局限性
法律规范的范围有限；法律只能惩恶，不能扬善； 滞后；漏洞；执行难度
道德调节
非强制性；便宜性；普遍性；扬善性
社会的商业道德
国民对商业不道德的反应
国民意识，经济水平
企业规模
小 淡薄；大 重视
收益风险比
比例越大，不道德的可能性越大
此时，企业利润和商业道德正相关，企业会主动承担社会责任
当U() ∈[0，1)时，企业没有商业不道德冲动
企业的商业不道德给企业带来的收益比较小，除去预期惩罚和道德 估值损失后收益为负，企业没有主动承担社会责任的欲望或者很小
当U()=1时，企业开始有商业不道德冲动
但因为期望净收益基本为零，冲动不大
当U() ∈(1,+ ∞)时，企业有商业不道德冲动
提高对消费者的影响力，顺应社会潮流
WhatareBusinessEthics
WhatareBusinessEthicsWhat are Business Ethics?Business ethics is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer.Many businesses have gained a bad reputation just by being in business. To some people, businesses are interested in making money, and that is the bottom line. It could be called capitalism in its purest form. Making money is not wrong in itself. It is the manner in which some businesses conduct themselves that brings up the question of ethical behavior. While most people have taken the time to define their personal morals, the concept of business ethics has only recently begun to come under intense scrutiny. After Enron was at the center of a scandal involving its irregular accounting practices in 2001, it seemed like a high profile business executive was in the news almost every day being accused of greed, deceit, and corruption. In response to public outrage, the business community at large began to focus more on encouraging ethical behavior. Now, it is common for both large and small businesses to have a formalized listing of ethical guidelines for employees to follow.Naturally, any successful corporation must remain focused on earning a profit. With no profit, the company loses value and the employees eventually lose their jobs. However, business ethics do not allow a company to do whatever is necessary to make money. Corporate social responsibility dictates that businesses must provide safe working conditions and usemanufacturing practices that do not unnecessarily harm the environment. Business ethics also require that companies provide accurate financial data to stockholders and avoid advertising their products and services to consumers under false pretenses.The study of business ethics is sometimes referred to as applied ethics because it attempts to translate utilitarianism, social contract theory, deontology, and other theoretical principles into acceptable rules for conduct in various real world situations. At the college level, many schools now have programs to encourage students to develop an awareness of business ethics. These classes typically use case studies as the basis for discussions on what constitutes ethical behavior. Lower level classes are sometimes required for an undergraduate business degree, while students working towards an MBA may be able to specialize in leadership and business ethics. While many people do feel classes discussing eth ics are beneficial, others say it’s hard to predict how students will behave once they are out of school and into the working world.To some extent, the government can regulate ethical behavior by passing laws that require businesses to take certain actions. In many ways, however, professional organizations may be the best equipped to impart a sense of business ethics onto a particular industry. Organizations and trade bodies have codes of ethical behavior thatmembers are required to follow and provide regular training events that help encourage open discussions of business ethics.。
Business Ethics~商业道德
The government should
Therefore, the government should strengthen credit awareness in the whole society an a credibility education, build strict credit system, on a regulate a contractual relationship.
The second is the reason of the e-commerce itself, because Internet puts up the inherent limitations and the virtual character in the electronic commerce activity, and at the same time its technology is not mature
Employment Policies and Practices
How a company treats current and potential employees reflects on its ethical principles and can damage employee morale or drive away top talent.
企业道德和社会责任 Business Ethics and Social Responsibilit
What Business Areas Does CSR Cover
• Ethics - discretionary actions. • Moral righteousness.
• Strategic brand management - Brand building, Brand insurance.’
Corporate social responsibility (CSR) is concerned with the ways in which an organisation exceeds its minimum obligations to stakeholders specified through regulation
• This poses a challenge as there are many different stakeholders with different, perhaps conflicting, expectations.
• Managers will need to take a view on: i. Which stakeholders have the greatest
development in LDCs. • Importance of global brands and corporate
reputations.
11
Key Drivers in CSR
• Changing social expectations - Consumers and society in general expect more from the companies whose products they buy. This sense has increased in the light of recent corporate scandals, which reduced public trust of corporations, and reduced public confidence in the ability of regulatory bodies and organisations to control corporate excess.
Unit 5 Business Ethics Teaching plan大学体验英语四
Unit 5 Business EthicsObjectivesAfter finishing this unit, students will be able to● talk about the issues of business ethics● get an idea of the overall organization of both passages● learn to use key word and expressions● adopt the reading skill I dentifying the Author’s Purpose while reading● learn to control the overall structure of the writingListen and talk (2 periods)Teaching Steps:Step 1 Greetings and Presentation （10M）（class and individual）1. What is business ethics?2. What do yo u know about Japanese’s business?Step 2 Lead-in (Listen twice and fill in the missing words, then check S s’ answers ) （10M）(class and individual )Step 3 Sample Dialogue 1 （15minutes）(class and pair work)1. Listen to the dialogue and get to know the content of the dialogue.2. Listen to the tape once again and answer the questions1) How to bargain with the businessman?2) What is retail price?3. Read and follow the tape and explain some of the language points1) retail: sell by retail 零售the retail price零售价格e.g. He buys wholesale and sells retail. 他整买零卖。
商业道德(Business Ethics)
I am not solely responsible to myself or to my family, but also to others, to the community. I cannot just be moral at home and not in the workplace.
But the business must abide by business morality to make money.
Lack of business morality will bring great harm for example，damage the interests of consumer.
Moral reasoning is the reasoning process by which human behaviors, policies, institutions are judged to be in accordance with or in violation of moral standards.
“Morality” refers to the standards that an individual or group has about what is right and wrong conduct, good and evil, and the values embedded, fostered or pursued in the act.
Morality is not just a question of avoiding evil (individual) but of pro-actively doing good (social).
Justice is not just avoiding doing harm to the other person but of responding to the objective demands of the situation, to the call of a higher value.
全新版大学英语听说教程3unit7
Unit 7 The Business World
Listening Tasks
Conversation 1
Word Bank
Speaking Tasks
Exercise 1 Exercise 2
Conversation 2
Language and Cultural Notes
appropriate florist campaign
Unit 7 The Business World
Pre-listening Task Language Focus
Additional Question for Discussion 1. What are business ethics? Can you give some examples of ethical or unethical business practices?
Kenneth Johnson
Байду номын сангаас
a. proper or suitable 合适的 n. a person who has a store that sells flowers 花商 n. a planned set of activities intended to achieve a particular aim 为某一目的开 展的一系列活动 （男子姓名）
UNIT 7
The Business World
Unit 7 The Business World
Pre-listening Task Language Focus
Questions for Discussion 1. What should be the major concerns of a business or a company? 2. What makes a good employer? And what makes a good employee? 3. How important are customers or clients to a business? 4. What makes a successful business? 5. Suppose your job is to welcome visitors to your company. What will you do to make them feel comfortable and give them a good impression?
企业伦理
企业伦理(Enterprise Ethics)，也称商业伦理（Business Ethics）企业伦理概述所谓企业伦理(又称为企业道德)，是企业经营本身的伦理。
不仅企业，凡是与经营有关组织都包含有伦理问题。
只要由人组成的集合体在进行经营活动时，在本质上始终都存在着伦理问题。
一个有道德的企业应当重视人性，不与社会发生冲突与摩擦，积极采取对社会有益的行为。
企业伦理观念是美国70年代提出的，最近几年日本也开始对企业伦理问题进行研究。
而我国对企业伦理的认识与研究尚处于起步阶段，对企业伦理的内涵尚缺乏了解。
有人认为，企业是将赚钱作为主要目标的，伦理则是追求的道德规范，企业的经营目标与没有必然联系，甚至是水火不相容的，因此认为企业的经营目标和经营伦理是相矛盾的。
其实这不过是表面现象，追求利润为唯一目标的思维方式是落后于新时代的。
在当今时代，如果企业只追求利润而不考虑企业伦理，则企业的经营活动已越来越为社会所不容，必定会被时代所淘汰。
也就是说，如果在企业经营活动中没有必要的伦理观指导，经营本身也就不能成功。
树立企业伦理的观念，体现了重视企业经营活动中人与社会要素的理念。
企业伦理范围企业伦理的内容依据主题可以分为对内和对外两部份：∙内部：劳资伦理、工作伦理、经营伦理；∙外部：客户伦理、社会伦理、社会公益。
1、企业与员工间的劳资伦理：劳资双方如何互信、劳资双方如何拥有和谐关系、伦理领导与管理、职业训练（员工素质的提升，包括职前训练与在职训练）。
2、企业与客户间的客户伦理：∙最主要是服务伦理，服务的特质包括；无形性（intangibility）、不可分割性（inseparability）、异质性（heterogeneity）与易逝性（perishability）。
∙客户伦理的核心精神：满足顾客的需求才是企业生存的基础。
顾客是企业经营的主角，是企业存在的重要价值。
3、企业与同业间的竞争伦理：不削价竞争（恶性竞争）、散播不实谣言（黑函、恶意中伤）、恶性挖角、窃取…。
商业伦理与企业责任
商业伦理与企业责任1.引言在全球化并日益竞争的商业世界中，社会对负责任和伦理行为的期望越来越高。
这也促进企业更积极地考虑他们的商业行为是否符合道德标准、是不是对社会有利。
本文将探讨商业伦理的定义，企业责任的不同层面，以及企业在实现商业成功的同时如何负起社会责任。
2.商业伦理的定义商业伦理是指企业在其运作过程中需要遵守的道德规范，是企业进行业务活动的基础原则、道德标准和价值观。
这些标准包括但不限于: 诚实、公正、透明和诚信。
商业伦理不仅包括企业的行为准则和商业道德，也提供了一种较为标准的企业文化和商业环境。
3.企业责任的不同层面3.1 市场层面的企业责任市场层面的企业责任是指企业在市场竞争中积极采用公平的方式来为客户提供产品和服务，要求企业遵循在竞争中对客户的承诺，典型的如保证公正的定价、保证产品的质量和保护知识产权。
3.2 社会层面的企业责任社会层面的企业责任是指企业需要充分考虑社会影响，积极回馈社区并适当减少企业在社交问题中的负面影响。
这包括但不限于环境保护、能源管理、捐款和慈善活动、保护人权和女性和儿童权利等。
3.3 法律层面的企业责任法律层面的企业责任是指企业应遵守来自各种规定，也必须遵守各国的劳动标准、环境标准和其他相关法律法规。
这包括但不限于反腐败、财务透明度和人权等。
4.企业如何负责任企业不仅应该恪守商业伦理和守责任原则，而且应该采取行动来满足这些原则。
下面是企业负责任的一些举措：4.1 诚实透明度企业在经营过程中应始终保持透明和诚实，而不应做出虚假的声明或变相欺骗顾客和员工。
企业应公开宣布其重要决策、业务活动和管理程序。
同时，企业应遵守所有适用的法律法规和合规程序。
4.2 保障客户利益企业在提供产品和服务时，需要保障消费者的利益。
企业需要客观的对待客户要求，对账目、价格、产品质量等方面进行认真审核，并及时处理客户的投诉以保证客户的信任。
4.3 关注社会发展企业应该不断关注并回馈社区，例如参与环保志愿者行动，开展慈善活动等。
商务英语-business-ethicsPPT课件
-
6
PartⅠ
• business ethics may relate to the following four fields: Finance,Management,Marketing,Accountant
• And it relates to 3 relevant roles in business world:
-
13
PartⅡ
• The ads about cigarettes still can be found somewhere.Even in movies and TV shows.
we may find that cigarettes were advocated by the actors.
•Does business world have its own principles?
-
4
PartⅠ
BUSINESS ETHICS
Definition:
business ethics is moral principle and standard that person should observe in the business world.
-
5
PartⅠ
• The measurement of ethics ,moral standards provide the basis for deciding whether an act is right or wrong.
• A business entity is considered under the law to be a legal "person".
-
16
Part Ⅲ
什么是商业道德英语作文
什么是商业道德英语作文Business Ethics。
In today's highly competitive and globalized business environment, ethical conduct is of utmost importance. Business ethics refers to the moral principles and values that guide the behavior and decision-making of individuals and organizations in the business world. It encompasses a range of issues such as honesty, integrity, fairness, and social responsibility. In this essay, we will explore the concept of business ethics and its significance in the modern business landscape.Firstly, business ethics plays a crucial role in building trust and maintaining good relationships with stakeholders. Whether it is customers, employees, suppliers, or investors, ethical behavior fosters trust and confidence. When a company is known for its ethical practices, it attracts loyal customers who believe in its values. Employees are more likely to be motivated and committed to an organization that upholds ethical standards. Suppliers and investors are also more inclined to engage with a company that demonstrates integrity. Therefore, business ethics is not only morally right but also beneficial for long-term success.Secondly, business ethics contributes to a positive corporate image and reputation. In today's age of social media and instant communication, news of unethical behavior spreads rapidly and can cause irreparable damage to a company's reputation. On the other hand, organizations that prioritize ethical conduct are seen as trustworthy and reliable. A strong reputation for ethical behavior can attract top talent, business partners, and customers, leading to increased competitiveness and sustainability.Moreover, business ethics is closely linked to legal compliance. While ethics and law are not synonymous, they are interconnected. Laws provide a basic framework for ethical behavior, but ethical conduct often goes beyond legal requirements. Adhering to ethical standards can prevent legal issues and potential lawsuits. Companies that prioritize business ethics are more likely to avoid scandals, fines, and reputational damage associated with legal violations.Furthermore, business ethics extends beyond the organization's internal operations to its impact on society and the environment. Social responsibility is an integral part of business ethics, requiring companies to consider the interests of various stakeholders and contribute positively to the community. Ethical businesses strive to minimize their environmental footprint, promote diversity and inclusion, and support local communities through philanthropy and volunteerism. By doing so, they not only fulfill their moral obligations but also enhance their brand value and attract socially conscious customers.In conclusion, business ethics is a fundamental aspect of modern business. It is not only about following the law but also about doing what is morally right. By upholding ethical standards, businesses can build trust, maintain a positive reputation, and contribute to the well-being of society. In today's competitive landscape, ethical conduct is not just a choice but a necessity for long-term success. As individuals and organizations, we must strive to integrate business ethics into our decision-making processes and actions, ensuring a sustainable and responsible business environment.。
LST2BSL - Lecture 2 - Introduction to Business Ethics解读
Good Corporate Governance
• Good corporate governance goes beyond directors observing the duties imposed by legislation and common law; but it is about more than acting in the best interests of the corporation. • Good corporate governance involves acknowledging the many relationships that a corporation has – with its shareholders, employees, creditors, competitors, customers,ity.
1980’s Australia
• Many entrepreneurs, assisted by lawyers, accountants and auditors, allowed their desire for wealth to dominate their decision making and so many investors, shareholders and creditors were cheated. • Some of the people failed to consider the consequences of their actions and were prosecuted.
1. A clear statement of the business’s core or underlying values
• The corporation and its employees will, in all business transactions, comply with the law; • The corporation shall operate in a manner that reflects respect for the inherent dignity of every person; • The corporation shall, in making decisions, consider the needs of the broader community and the need to protect the environment; • The corporation will provide a safe workplace and always consider the needs of its employees and their families.
商业伦理的意义英语作文
商业伦理的意义英语作文The Significance of Business Ethics: Steering the Future of Global Business。
In the complex tapestry of modern global business, the emphasis on ethical practices has become paramount. Business ethics, fundamentally, refers to the application of ethical values such as fairness, transparency, and responsibility in business decisions and operations. This essay delves into why business ethics is essential, the impact of ethical business practices on stakeholders, and the broader implications for society.The Foundation of Trust。
At the heart of business ethics is the cultivation of trust. Trust is a critical, intangible asset in business. It influences a company’s relationship with its customers, employees, and other stakeholders. A business that consistently demonstrates ethical behavior builds areputation of reliability and integrity, making it more attractive to customers and business partners. Conversely, ethical lapses can lead to mistrust and long-term damage to a company’s reputation. For instance, the Volkswagen emissions scandal in 2015, where the company was found to have cheated on emissions tests, not only led to billionsin fines but also a significant loss of consumer trust worldwide.Impact on Employees。
商业道德的英语作文
商业道德的英语作文Business Ethics。
Business ethics is a form of applied ethics that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conductof individuals and entire organizations.In today's highly competitive and globalized business world, the importance of business ethics cannot be overstated. It is crucial for businesses to operate with integrity, honesty, and fairness in all their dealings. Business ethics not only contributes to the success and reputation of a company, but it also has a significant impact on the well-being of society as a whole.One of the key principles of business ethics is honesty. This means being truthful and transparent in all business transactions and communications. Companies that are honestand transparent in their dealings with customers, employees, and stakeholders are more likely to build trust and loyalty, which can ultimately lead to long-term success.Another important principle of business ethics is fairness. This means treating all individuals and groups fairly and without prejudice. Fairness in business means providing equal opportunities for all employees, regardless of their race, gender, or background. It also meansensuring that all stakeholders are treated fairly and havea voice in decision-making processes.Integrity is also a fundamental principle of business ethics. This means acting with honesty and adhering to high moral principles in all business activities. Companies that operate with integrity are more likely to earn the trustand respect of their customers and employees, which canlead to long-term success and sustainability.In addition to these principles, business ethics also encompasses other important values such as accountability, respect, and compliance with laws and regulations.Companies that hold themselves accountable for their actions, treat others with respect, and comply with all relevant laws and regulations are more likely to build a positive reputation and maintain the trust of their stakeholders.In conclusion, business ethics is a critical aspect of modern business that cannot be ignored. Companies that operate with integrity, honesty, and fairness are more likely to achieve long-term success and contribute positively to society. By upholding the principles of business ethics, companies can build trust, loyalty, and a positive reputation, which are essential for sustainable growth and prosperity. Therefore, it is essential for businesses to prioritize ethical conduct in all their operations and decision-making processes.。
BEC高级精讲班第14讲Businessethics
BEC高级精讲班第14讲讲义HomeworkreviewI. Homework reviewl Read this text from a business magazine.A successful businesswomanLaura Ashley’s multi-million pound success came about almost by accident when she was a young married woman, pregnant with her first child. She designed some scarves at home because she was bored. 0 H Ashley’s designs now decorate houses all round the world.H. Those simple home-made items represented the beginning of a business empire which is now well known to millions.She was born in Wales in 1925 but moved to London in 1949 when she got married, and at first she was content to take on the traditional housewife’s role. “The idea of having four babies, cooking, sewing and looking after the home suited me perfectly.”9 What began as a hobby quickly became a successful business as she began to receive orders from a number of large London shops. It didn’t stop there: in the1950s, when most of society was looking forward to the space age, Laura Ashley made a fortune by looking back to past centuries, searching out old designs to decorate a variety of clothes and household furnishings. 10 Soon they were being shipped abroad in large quantities and she began to sell them from her own shop.C. All that changed when she became interested in printing fabrics.G. These traditional products created a huge wave of demand from the USA and elsewhere.In 1961 she moved her business to her native region of Wales, where the operation grew to dominate the town of Carno. 11 A second one was establishing some years later in The Netherlands.F. When its railway station closed, Ashley converted it into a factory.Throughout her life and despite the multinational success of her business, Ashley remained a traditional housewife at heart. 12 She saw the workplace as a kind of home, and her employees enjoyed unusually good working conditions; for example, there were no night shifts and the working week ended at midday on Friday. Even as the company grew, employees still had a say in how it was run. As she said, “our success is due to people. It is our employees who come first.”13 They, ofcourse, have profited from that – as have many others with a stake in the company. The business is now large and successful, with a sophisticated management team. To this day, though, the products remain traditional and all the shops are still decorated like 19th century houses.A. Her company reflected the traditional values she admired.D.When the company was floated on the stock market, many of them opted to become shareholders.By 1995, the year she died, the business had grown so much that she had decide to remain involved only in the area of design. 14 She had never set out to become a businesswoman, but last year the company she started as a hobby reported a turnover of ￡332 million, with a pre-tax profit of ￡3.8 million. That’s not bad for a business that started a t a kitchen table!B. The creative side of things was what she had always enjoyed most.C G F AD BVocabularyStudyII. Vocabulary StudyEnglish vocabulary which originates from Frenchelite noun [countable]a group of people who have a lot of power and influence because they have money, knowledge, or special skillspolitical/social/economic etc elitethe domination of power by a small political elitea struggle for power within the ruling eliteelite adjectivean elite group contains the best, most skilled or most experienced people or members of a larger groupan elite group of artists elite universitiesdebut verb1 [intransitive] to appear in public or become available for the first timeThe show will debut next Monday at 8.00pm.2 [transitive]to introduce a product to the public for the first timeￚsynonym launchRalph Lauren debuted his autumn collection in Paris last week.resume noun[countable]résumé1 a short account of something such as an article or speech which gives the main points but no detailsￚsynonym summarya brief résumé of the day's events2 American English a short written account of your education and your previous jobs that you send to an employer when you are looking for a new jobBritish Equivalent: CVclientele noun [singular]all the people who regularly use a shop, restaurant etcThe restaurant attracts a young clientele.bon voyage interjectionused to wish someone a good journeycafé noun [countable]1 a small restaurant where you can buy drinks and simple meals2 a public place that is connected to a computer network, where people with similar interests discuss things by sending and receiving messagesan Internet caféWhatarebusinessethics?III. What are business ethics?1. Speaking.ethic noun1 [countable] a general idea or belief that influences people's behaviour and attitudes 伦理标准，道德标准（或体系）The old ethic of hard work has given way to a new ethic of instant gratification. 过去辛勤劳动的道德标准让位给了新的道德体系，即迅速的满足。
business ethics 企业道德
Business ethics
Business imposes great influence on people’s life. In business world, the corporations as a whole are like the individuals in daily life. Therefore, ethics in business world is of the equal importance as that in daily life. what's wrong with our foods.mp4 What do the problems in the video show ?
Business ethics
Lead in : SB-P5-f
Keys: 1. study 2. words 3. understand 4. world 5. general 6. issues 7. action 8. business person Extended questions: 1. What is ethics? 2. According to the paragraph, who will be affected by business ethics?
Business ethics
Responsibility
to Investors
Fair profit
Business ethics
Responsibility
to the Environment Reducing its negative environmental impacts: Water pollution Air pollution Land pollution Chemical pollution Noise pollution Disposal of waste Land Management Erosion
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What are Business Ethics?
Business ethics is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer.
Many businesses have gained a bad reputation just by being in business. To some people, businesses are interested in making money, and that is the bottom line. It could be called capitalism in its purest form. Making money is not wrong in itself. It is the manner in which some businesses conduct themselves that brings up the question of ethical behavior. While most people have taken the time to define their personal morals, the concept of business ethics has only recently begun to come under intense scrutiny. After Enron was at the center of a scandal involving its irregular accounting practices in 2001, it seemed like a high profile business executive was in the news almost every day being accused of greed, deceit, and corruption. In response to public outrage, the business community at large began to focus more on encouraging ethical behavior. Now, it is common for both large and small businesses to have a formalized listing of ethical guidelines for employees to follow.
Naturally, any successful corporation must remain focused on earning a profit. With no profit, the company loses value and the employees eventually lose their jobs. However, business ethics do not allow a company to do whatever is necessary to make money. Corporate social responsibility dictates that businesses must provide safe working conditions and use manufacturing practices that do not unnecessarily harm the environment. Business ethics also require that companies provide accurate financial data to stockholders and avoid advertising their products and services to consumers under false pretenses.
The study of business ethics is sometimes referred to as applied ethics because it attempts to translate utilitarianism, social contract theory, deontology, and other theoretical principles into acceptable rules for conduct in various real world situations. At the college level, many schools now have programs to encourage students to develop an awareness of business ethics. These classes typically use case studies as the basis for discussions on what constitutes ethical behavior. Lower level classes are sometimes required for an undergraduate business degree, while students working towards an MBA may be able to specialize in leadership and business ethics. While many people do feel classes discussing eth ics are beneficial, others say it’s hard to predict how students will behave once they are out of school and into the working world.
To some extent, the government can regulate ethical behavior by passing laws that require businesses to take certain actions. In many ways, however, professional organizations may be the best equipped to impart a sense of business ethics onto a particular industry. Organizations and trade bodies have codes of ethical behavior that
members are required to follow and provide regular training events that help encourage open discussions of business ethics.。