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Running head: Historical Ethical Dilemmas1Historical Historical Ethical DilemmasJason Sallings / 4076830American Public University System
Historical Ethical Dilemmas2AbstractIn this paper, I explained some of the historical ethical dilemmas faced by organizations. Ethical situations are a daily occurrence and many will face them during their professional career. Good ethics makes for a good company. This paper discusses how an organization and its employees should be cognizant of the issues surrounding ethical behavior. Managers are a key focal point tomake ethics a success in their organization. This is supported by discussing common unethical behaviors, some of the business ethics over the past 100 years, ethics surrounding the financial meltdown of 2007-08, diversity and discrimination, and corporate outreach and volunteer programs. Keywords: Common ethical behavior, historical business ethics, financial meltdown, diversity, discrimination, social responsibility, corporate outreach and volunteer.
Historical Ethical Dilemmas3Historical Ethical DilemmasEthical dilemmas have plagued businesses and organizations for decades, if not longer. Those that follow their organizational code of ethics, find themselves to be incredibly successful in theirendeavors. Those that do not adhere to any code of ethics often witness the demise of the organization and jail. Bernie Madoff stole billions from his clients in a Ponzi scheme and JeffreySkilling deceived shareholders that lead to Enron going bankrupt, both engaging in high profile ethical dilemmas (Schwartz, 2017). Historical ethical dilemmas, in a business environment, can be explained by discussing some common unethical behaviors, some of the business ethics over the past 100 years, ethics surrounding the financial meltdown of 2007-08, diversity and discrimination, and corporate outreach and volunteer programs. Common Unethical BehaviorSome of the common unethical behaviors that happen most frequently in a workplace setting are covering up problems, short cutting quality of work, abusing sick days, and lying to customers. There are also unethical behaviors that are trending now in corporate America. Those are the inappropriate use of company time and resources, abusive treatment, and violations of internet policies (Askew, Beisler, & Keel, 2015). Practicing an ethical operation is the proper thing to accomplish and simply it could adversely affect profits for the organization. Working in an ethical environment demonstrates a strong potential to lower turnover costs of the employees. It also persuades investors, suppliers and customers. The types of leaders that implement ethical directives the best represent the ones with a superior moral character. They are honest and trustworthy as well as possess moral courage to stand up and display what needs to be said even in the most uncomfortable of situations. Additionally, managers that support a whistleblower andthat do not promote retaliation on those employees that are courageous enough to step forward.