Saturday, October 12, 2019
Business Ethics Essay -- Business Ethics Morals
In todayââ¬â¢s global society, a Code of Ethics policy is used to label established, acceptable behaviors among that industryââ¬â¢s business associates, potential investors, and the corporationââ¬â¢s executive officers and employees, and most important, the consumer (Ethics Resource Center, 2003). In an attempt to promote an increased efficiency and productivity potential level, among employees and prospective clients, a corporationââ¬â¢s standard Code of Ethics should guide its members toward a more in-depth examination of their personal moral activity, and how these actions affect the people or acquaintances they encounter. A company should utilize this strategy as a model for the professional behaviors and responsibilities of its constituents, and proves the occupational advancement of that business. Ethics are important in every level of a corporation, but specifically in the day-to-day actions of its members, and the image the company broadcasts to its associates is fundamental in building a stable business foundation. These pledges are a vital communication tool used to covey the firmââ¬â¢s standards for business operations, and predominantly, its relationships with the surrounding communities (Ethics Resource Center, 2003). The statement made in this example for discussion has credibility to a certain extent, but there are always reactions to any action, as stated in the basic laws of physics. This also holds true when scrutinizing the actions of a brain surgeon, a reporter, or an employee at a fast-food restaurant. The significance may not seem to be equal when determining the impact level of these jobs, but the individual attempts to perform at the highest possible intensity should always be the main goal (Horngr... ...s quite different after a new approach is applied to a specific situation, but a majority of the time, this strategy will provide the best possible action that should be applied to achieve a more balanced ethical code (Markkula Center for Applied Ethics, 2008). References: Ethics Resource Center (2003). Why Have a Code of Conduct? Retrieved September 6, 2008 from http://www.ethics.org/resources/wy-have-code.asp Horngren, C. & Harrison, W. (2007). Accounting: Chapters 1 - 17 (7th ed.). Upper Saddle River, NJ: Prentice Hall. Markkula Center for Applied Ethics (2008). A Framework for Thinking Ethically. Santa Clara University. Retrieved September 6, 2008 from http://www.scu.edu/ethics/practicing/decision/framework.html
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