Ethics: The Foundation of Good Business Essay -- Business Ethics

According to the Hutchinson Unabridged Encyclopedia art morality is the moral principles defining how line of workes and business professionals should act toward each other, employees, and the public. Some professions such as faithfulness and medicine clearly have defined codes of professional ethics. In other areas appropriate behavior has been established over time by practice. commercial enterprise ethics involves the role of a company in our society. Complex and contentious areas of business ethics would include the effect a petrochemical companys actions have on the environment or the obligation of a pharmaceutical company to make its drugs available to developing countries. As lobbyists and pressure groups become more powerful, companies are existence forced to comport greater attention to corporate responsibility and business ethics (Business, 2009).Human Resources IssuesA companys homophile resources is its most rich and expensive enthronement that can make or brea k a company in relation to its success. One major ethical issue confront by the human resources department is discrimination. Unfortunately, discrimination is alive and well in our business environment today, which have a major affect on local anesthetic communities and organizations. One medical prognosis of discrimination I have either experienced or witnessed is the lack of respect and accomodation for egg-producing(prenominal) workers, especially in corporate America. In most cases, the female employees tend to have lesser salaries than men in the same position. Companies also do not cater to women with respect to childcare issues, and blotto mothers returning to the worforce later maternity leave. Another aspect of discrimination that is prelevant in todays business environment is the treatment of older employees, co... ...ears, without any servant of the damge the software issues with their cars and trucks whitethorn cause to their customers safety. The company was acc used of hiding this fact because a re-call would cost millions. ConclusionThere is necessity for companies today to practive excellent business ethics. Ethics is the radix of on which good relationships are developed, it encompasses who businesses deals with their partners or associates, customers, and employees.Works CitedBusiness Ethics. (2009). In The Hutchinson Unabridged Encyclopedia with Atlas and Weather guide. Retrieved from http//www.credoreference.com/entry/heliconhe/business_ethicsTrevino L.K. & Nelson K.A. (2006) Managing business ethics. Straight shed about how to do it right (4th ed) Hoboken, NJ John Wiley & Sons. Retrieved from https//ecampus.phoenix.edu/classroom/ic/classroom.aspx Ethics The Foundation of Good Business Essay -- Business EthicsAccording to the Hutchinson Unabridged Encyclopedia business ethics is the moral principles defining how businesses and business professionals should act toward each other, employees, and the public. Some profe ssions such as law and medicine clearly have defined codes of professional ethics. In other areas appropriate behavior has been established over time by practice. Business ethics involves the role of a company in our society. Complex and contentious areas of business ethics would include the effect a petrochemical companys actions have on the environment or the obligation of a pharmaceutical company to make its drugs available to developing countries. As lobbyists and pressure groups become more powerful, companies are being forced to pay greater attention to corporate responsibility and business ethics (Business, 2009).Human Resources IssuesA companys human resources is its most valuable and expensive investment that can make or break a company in relation to its success. One major ethical issue faced by the human resources department is discrimination. Unfortunately, discrimination is alive and well in our business environment today, which have a major affect on local communities and organizations. One aspect of discrimination I have either experienced or witnessed is the lack of respect and accomodation for female workers, especially in corporate America. In most cases, the female employees tend to have lesser salaries than men in the same position. Companies also do not cater to women with respect to childcare issues, and lactating mothers returning to the worforce after maternity leave. Another aspect of discrimination that is prelevant in todays business environment is the treatment of older employees, co... ...ears, without any consideration of the damge the software issues with their cars and trucks may cause to their customers safety. The company was accused of hiding this fact because a re-call would cost millions. ConclusionThere is necessity for companies today to practive excellent business ethics. Ethics is the foundation of on which good relationships are developed, it encompasses who businesses deals with their partners or associates, custom ers, and employees.Works CitedBusiness Ethics. (2009). In The Hutchinson Unabridged Encyclopedia with Atlas and Weather guide. Retrieved from http//www.credoreference.com/entry/heliconhe/business_ethicsTrevino L.K. & Nelson K.A. (2006) Managing business ethics. Straight talk about how to do it right (4th ed) Hoboken, NJ John Wiley & Sons. Retrieved from https//ecampus.phoenix.edu/classroom/ic/classroom.aspx