Category: <span>business ethics</span>

Category: business ethics

You Majored In Philosophy

Workplace Ethics is a subject that we have all heard of. In fact, the subject of Ethics in general is something that most people are familiar with. We need to ask these questions: “How ethically vulnerable is our company or organization?” “What are the core values and guiding principles of our company or organization?” “Are we committed to living and exhibiting our core values in everything we do?” The answers to these questions will define the state of ethics in our business.

The code of ethics is a major responsibility for an organization. However, regulation is no longer a guarantee of ethical behavior. Accounting ethics can be defined as a set of distinct guidelines for a business to maintain clean balance sheets, accounting for their profits, losses and expenses incurred, and prevent it from mishandling financial reports and statements.business ethics

Examples like Texas Instruments show how a new paradigm is developing … Read More...

You Majored In Philosophy

Workplace Ethics is a subject that we have all heard of. In fact, the subject of Ethics in general is something that most people are familiar with. We need to ask these questions: “How ethically vulnerable is our company or organization?” “What are the core values and guiding principles of our company or organization?” “Are we committed to living and exhibiting our core values in everything we do?” The answers to these questions will define the state of ethics in our business.

The code of ethics is a major responsibility for an organization. However, regulation is no longer a guarantee of ethical behavior. Accounting ethics can be defined as a set of distinct guidelines for a business to maintain clean balance sheets, accounting for their profits, losses and expenses incurred, and prevent it from mishandling financial reports and statements.business ethics

Examples like Texas Instruments show how a new paradigm is developing … Read More...

The Three Major Ethical Approaches Managers Might Use In Making Ethical Choices

A business is a member of the community and there are roles expected of that business in the community. Social learning theory provides more hope that business ethics can be taught. In the past it was assumed that all that had to be done to ward off bad behavior and unethical practices in the financial industry was to put in place regulations to help guide and encourage ethical behavior in the marketplace.

They should also immediately work to change their corporate culture and reinstate a sense of ethics, integrity and responsibility in their employees which probably entails changing senior management and the Board of Directors who have now demonstrated their inability to run their companies correctly.

The ethical issues in business have become more complicated because of the global and diversified nature of many large corporation and because of the complexity of economic, social, global, natural, political, legal and government … Read More...

Reasons To Implement Accounting Ethics For Good Business

Ethical business practices are conduct standards related to moral judgments applicable to people engaged in commerce related positions (Gitman, 2012). The National Academy of Engineering cites example of how Texas Instruments’ leadership is focusing on ethical behavior on its on line ethics center (). The company has created a website for employees to visit which lists hundreds of articles which have been published in corporate magazine TINews.

Business ethics is a code or a set of standards that a business adheres to. This code essentially states what is considered ethical, and what is considered unethical in terms of how the business is conducted in relation to what is best for human beings, the community, the environment, and so on. Business etiquette, on the other hand, is essentially conducting business affairs in a polite manner.business ethics

However, as populations grew, the necessity for incorporating the best business practices into a company became … Read More...

Achieving Ethical Balance In Business Practice

There is much talk today about ethics in business – as there should be, but there should be more than talk; there should be a high moral code for all executives who are responsible to both their customers and their shareholders. When employees know the true how and why behind organizational strategy, decision-making, and performance management, they generally feel more trust toward the management of their organization and thus can become more committed and engaged in their work.business ethics

If top executives and top executive management say one thing but do another, the message of ethical behavior gets very confusing. It is important that all the people in the company believe that is critical that all its employees act at all times in an honest and ethical manner in connection with their service to the company.

The philosophy of business also deals with questions such as what, if any, are the … Read More...

Love Relationships At Work

I remember a “Business Ethics” seminar I took in college that confirmed everything my parents had taught me as a child. One type of business reciprocity that would be ethical and appropriate would be a gift, which is something that is given without someone expecting that you or the company will do something for that person in return. Even though this business follows all ethical practices, there are certain facts about this business marketing that some people find hard to digest.

Your company ethics also apply internally to how you treat your employees and contractors. In their July, 22, 2002 publication they provided statistics that supported America’s mistrust toward the increasing number of companies who were deceiving their employees and the general public through white collar crime.business ethics

One’s moral values and central, value-related attitudes clearly influence his or her business behavior. In case of such businesses, you could assist them … Read More...

Love Relationships At Work

I remember a “Business Ethics” seminar I took in college that confirmed everything my parents had taught me as a child. One type of business reciprocity that would be ethical and appropriate would be a gift, which is something that is given without someone expecting that you or the company will do something for that person in return. Even though this business follows all ethical practices, there are certain facts about this business marketing that some people find hard to digest.

Your company ethics also apply internally to how you treat your employees and contractors. In their July, 22, 2002 publication they provided statistics that supported America’s mistrust toward the increasing number of companies who were deceiving their employees and the general public through white collar crime.business ethics

One’s moral values and central, value-related attitudes clearly influence his or her business behavior. In case of such businesses, you could assist them … Read More...

Business Casuals

Is it possible for an individual with strong moral values to make ethically questionable decisions in a business setting? Although not all strategic decisions can be played out in a public forum for competitive and confidentiality reasons, the outcomes of those decisions (changes to organizational structure, design, resource allocation, product direction etc.) should be communicated as thoroughly as possible including the rationale and criteria behind the decision to help employees understand the decision and make a better connection between the firm’s espoused values and those used to make important decisions.

Rather, all stakeholders must be seen as equally important for the organization to avoid a narrow economic focus which may lead to lapses in ethical behavior which in the end, lead to severe economic and legal consequences for the organization and its stakeholders (p. 4).

They should also immediately work to change their corporate culture and reinstate a sense of … Read More...

Business Casuals

Is it possible for an individual with strong moral values to make ethically questionable decisions in a business setting? Although not all strategic decisions can be played out in a public forum for competitive and confidentiality reasons, the outcomes of those decisions (changes to organizational structure, design, resource allocation, product direction etc.) should be communicated as thoroughly as possible including the rationale and criteria behind the decision to help employees understand the decision and make a better connection between the firm’s espoused values and those used to make important decisions.

Rather, all stakeholders must be seen as equally important for the organization to avoid a narrow economic focus which may lead to lapses in ethical behavior which in the end, lead to severe economic and legal consequences for the organization and its stakeholders (p. 4).

They should also immediately work to change their corporate culture and reinstate a sense of … Read More...