Ethics is the set of moral principles or values that define right and wrong. It is more than that though. It comes in your conscious. Most people can automatically tell what the right thing to do is. However, much of one’s values is dependent upon his or her background. If a person was not taught how to be ethical as a child and had no role model to look up to, his or her sense of morality may be quite different from the norm. A person with strong ethics is most likely to be hired by a company, retained, promoted, and happy. Knowing that you have made the right thing cause produce the sense of happiness.
People live their lives under the standards of right versus wrong behavior. This is considered their personal set of moral standards or ethical principles. One’s morals and values are essential parts to the level of ethics he or she has. In fact, morals and values illustrate one’s character. Ethics also illustrates how one thinks and behaves towards others and how one would like them to think and behave toward them.
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This book helps you apply an ethical decision-making model. It also helps you learn vocabulary, ethical skills, and tools that can be implemented to everyday business decisions. This book teaches the basics of business ethics. The goal of this book is to ensure a comprehensive yet accessible introduction to the ethical issues arising in business today.
Ethics provide guidance for individuals on how they’re to conduct themselves on a daily basis. Often, the choice of what is right and wrong is unclear. When one is dealing with a tough choice, they may want to look to others for examples or advice. Since ethics is founded on one’s morals, their religious beliefs may help them in determining what is right versus wrong. Also, following the social norms and traditions of society can shape their decision making.
Since ethics are founded on one’s moral standards, his or her beliefs regarding one’s religion, philosophy, or culture. These factors influence how one judges what is right versus wrong. A good way to maintain one’s ethics in check is to be honest, open, and truthful, and don’t do what you would be ashamed of if it was televised. This type of behavior is based on the premise of personal virtues.
This book helps in the preparation of a personal ethical code. It likewise presents a four-part section on becoming aware of ethical temptation and compromise, the fundamentals of ethical logic and using ethics as an avenue to a happier life.
Determining what is right versus what is wrong can be stressful and difficult at times. Having a personal ethical foundation can guide a person through ethical dilemmas with ease. Again, the foundation of the ethics is one’s morals. Morality provides a moral compass, a sense of personal direction, and a practical guide to making choices in life based on one’s values and background.
Most parents bring up their children to know right from wrong. However, there are often children who’re raised in a bad environment with no moral support. These individuals grow up not knowing right from wrong. This concept isn’t ingrained in their head like a normal person. Instead, individuals with poor backgrounds who’re not raised with positive morals, must learn or be taught in school or through life experiences what is right versus what is wrong.
The article,’ Do Objective Moral Standards Exist in the World Today? ‘ By Johnson, describes the distinction between morals and ethics: ‘Actions (or morals) that are right for one person aren’t always right for another person. This argument is a type of subjectivism, as it is being argued that each individual determines what is morally right for him or her. Often people will try to say that because people behave differently, there are no moral absolutes. ‘
There are two basic types of individual ethics. One is based on duties. Whether based on philosophy, religion, or social responsibility, the theory is that ethical standards conform to moral absolutes. The other system is based on outcomes. The most popular form of the results or a consequences-based system is the Utilitarian point of view. In this case, the ends justify the means; the goal is to perform the greatest good for the largest number of people. This usually proves to be a cost-benefit analysis that should be carefully analyzed by upper management.
Ethical behavior is based on cultural influences. Cultural influences, such as family, education, religion, friends, and the media affect one’s background. These influences create one’s values, shaping their ethical foundation. It is often important to search for a role model who’s got a strong set of ethics. Watch how they handle sticky situations, and learn from their ethical behavior. Practicing to be like them on the basis of their ethical values may take time, but the longer you act in the ways you believe your role model would act, the easier it is to be a person with strong ethics and possibly a person that others look up to.
Whatever ethical standards we have established for ourselves are with us twenty-four hours a day. There is no different set of business ethics. Our personal ethics come to work with us.
This book offers you a sound introduction to ethical theory and issues engaging readings on many of today’s most hotly debated topics. The book has 52 classic and contemporary articles as well as three case studies.
At the pre-conventional level of moral development, people make their decisions based on selfish reasons. There are two levels to this ethical style. The first is punishment and obedience, avoiding trouble for yourself. The second is the instrumental exchange state. This is where you worry less about punishment and more about doing things that directly advance your wants and needs.
Those at the conventional level of moral development make decisions that conform to social expectations and norms. They look to others for guidance when it is a question of ethical decisions. Ethical principles encourage managers and employees to take others’ interests into consideration when making ethical decisions. This makes answers to decisions more well-rounded.
Ethical behavior is necessary in doing business especially when decision making is a moral responsibility.
Ethics are directly correlated with values. Values drive a person’s behavior. These in turn affects organizational behavior. Behavior is a variety of reactions according to different stimuli, involving people and situations. Ethical values, such as compassion, goodwill, and love, are behaviors brought forth by cultural influences. The level of humility and affection one manifests are two results of these values.
When people share similar standards in a community, they build a cohesive value system. The terms morals and values are often used to say the same thing – a set of personal principles by which one aims to live their life. When a person tries to formalize those principles into a code of behavior, they’re actually adopting a value system.
Moral values and principles do transcend and cross over into other aspects of people’s lives. While we may not realize it, most people are shaped or partially formed by their belief systems – whatever those systems may be. These values may be a part of us as a person, and other things such as society, culture, and current beliefs can influence them.
The characteristics of humility and heart in relation to ethics can be seen in a wide variety of ways. A person who’s got a strong character will be most likely to obtain encouragement one person offers another in the organization, for example. It also can be seen in the manner in which an individual aligns his or her ethics with the organization’s mission. Organizational behavior is directly related to the experiences and cultures of the employees in a company.
In order to have sound business ethics it is essential to also have sound individual ethics. However, I would like to point out that just because an individual has good personal ethics does not mean they could make good ethical decisions within an organization if they’re limited experience in the field they’re making the decision. In fact, it could actually work in an opposite way. Outside of this, studying business ethics on an individual level can benefit that individual in several ways. First and foremost, studying business ethics on a personal level will assist in recognizing ethical dilemmas and using the tools learned to solve the issues recognized. In addition, studying business ethics can help an individual with coping with conflicts between organizational leadership beliefs and personal beliefs.
The benefits of studying business ethics in society and the rest of the world of business as a whole coupled with learning ethics on a personal and business level really boil down to four contributions. These four ethical contributions benefit the business, society, employees (individuals), and the rest of the world of business: employee commitment, investor loyalty, customer satisfaction, and profits. When employees are committed, they’re happy and get to maintain ethical conduct on a personal level, because the people they work for are ethical. When a business is ethical, investors aren’t afraid to invest in the company because they know they’ll make a profit. Customer satisfaction is a necessity to making profit, as a society. All of this in the land of the business begins with the foundation of studying and learning business ethics. One key contributing factor can sum all of this up, social responsibility. This covers what is fair, just, or in keeping respect within the framework of the world of business ethics.
Employees with strong ethics are in high demand. Their conscious is cleaner. They are easy to trust, and they can easily build strong relationships with their supervisor, customers, and co-workers. They can be given more confidential work since the company truly trusts them. Their future is brighter, as they’ve got a better chance at raises, promotions, or more important responsibilities.
There are many situations that arise that are shades of grey rather than black and white. It can be difficult to tell right from wrong at times. Building yourself a framework to decide how to deal with those sticky situations will help. Create a system that is tailored to your needs.
A person’s personal ethical code affects his or her personal life. It also creeps into one’s professional life. The ethics that are employed in one’s professional life are established by one’s personal virtues, morals, value system, beliefs, and cultural influences. Having strong ethics helps with decision making and one’s growth in his or her moral development or ethical profile.
This books shows you how to bridge the most formidable obstacle to an ethical life: ourselves. Everyday we’re faced with choices that enrich or impoverish our personal character. The choices we make in life and the way in which we make them illuminate the paths out lives will take.
Ethics are an important element of our individual integrity. When our ethical principles are strong, we can weather the storms of uncertainty that arise, both in the home and the working world. Personally, I have been told that I am ‘too honest’ as I have given myself guidelines to follow. It has been necessary for me to temper them with business sense, as well, so that I can work effectively in my current position. I have come to realize that certain things can be compromised without me loosing my integrity, while in other areas, I need to maintain a firm resolve and stand my ground.