BUS520 Assignments

BUS520 Assignments - Ford Research

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How personal can ethics get? Posted on January 27, 2011 by fpolom This document presents a discussion about an ethical dilemma in a fragrance company. Ethical dilemmas, also known as moral dilemmas, have been a problem for ethical theorists as far back as Plato. An ethical dilemma is a situation wherein moral precepts or ethical obligations conflict in such a way that any possible resolution to the dilemma is morally intolerable. In other words, an ethical dilemma is any situation in which guiding moral principles cannot determine which course of action is right or wrong. Business ethics can be both a normative and a descriptive discipline. As a corporate practice and a career specialization, the field is primarily normative. In academia descriptive approaches are also taken. The range and quantity of business ethical issues reflects the degree to which business is perceived to be at odds with non-economic social values. Historically, interest in business ethics accelerated dramatically during the 1980s and 1990s, both within major corporations and within academia. For example, today most major corporate websites lay emphasis on commitment to promoting non-economic social values under a variety of headings such as ethics codes and social responsibility charters. In some cases, corporations have redefined their core values in the light of business ethical considerations. And the discussion on ethics in business is necessary because business can become unethical, and there are plenty of evidences today on unethical corporate practices How personal differences and preference can impact organizational ethics In some circumstances, some people have power over other people. For example, a therapist has more power than a patient. In a situation in which people are not equal in terms of their power, it may be important not to treat people as if they were morally equal. Ordinarily, while it might be acceptable for someone who happens to be a therapist to ask another person for a date, it would not be acceptable for a therapist to ask a patient for a date (because there would be unusual pressure on the patient to accept due to the patient’s status in therapy). That shows the difference between personal ethics and professional ethics.
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Ethics have nothing to do with being nice. Ethics is motivation based on ideas of right or wrong. The “right conduct” has nothing to do with being friendly. It is very possible to be an ethical ignorant. Or be a very nice person with no sense of personal or professional ethics. But let’s explain the definition of ethics and what ethics are to us. Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company. In the business world, the organization’s culture sets standards for determining the difference between good and bad decision making and behavior. In the most basic terms, a definition for business ethics boils down to knowing the
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This note was uploaded on 06/11/2011 for the course BUSINESS bus520 taught by Professor Snow during the Spring '11 term at Strayer.

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BUS520 Assignments - Ford Research

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