Ethics: The Challenge And Nature Of Business Ethics

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According to the western philosophy 18 th century is the landmark of ethics. Ethics is derived

from the Greek term ethos. Though ethics are difficult to define it talks about human behavior

and it controls our behavior by telling what is good and wrong / what we should do & what we

shouldn’t. There is no universalism in ethics because it depends on the culture, situation and

background. Homo sexual relationships are accepted by USA but it is an unethical relationship in

countries like India, Sri Lanka. This is the challenge and nature of ethics. Since it is contextual

one particular system will not represent ethics. We cannot say religion = ethics. Great

philosopher Jennings mentions that we need ethics because we always interact
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He emphasis that In western philosophy talks about “other” and they try to reduce

Otherness of others. He further mentioned that break the boundaries of mind, understand the

differences of “Other” and have a truly ethical relationship.

“Business ethics refers to an academic discipline that not only studies those standards, values

and principles but also seek to articulate and defend the ones that ought or should operate in

business” (Desjardins,2009)

Origin of business ethics goes to two three decades back because of the increase of reporting

unethical behavior of the organizations and this is a multi-disciplinary field with sociology,

anthropology, psychology. With the imagination of hyper competition need of the business ethics

emerged because there is a brutal competition due to globalization. Organizations want to

increase their market share and profits, they didn’t consider about the cost to others. And now a

days misconducts can happen with the creative knowledge of the people. Enron case is an

example for this. Once Snickers, Nike also used child labor for manufacturing process since the

low cost of it. But this is not only reason to have a trend on business ethics. In past
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Some organizations force employees to do lot of work which they can’t attend in eight hour

time period. So employee will find unaccepted ways to fulfill their tasks and goals. On other

hand there are some employees who do not care about ethics even how hard management try to

push it to their mind set.

As a conclusion, ethics is not a rule or law it is a taste which you choose to follow or live

according to it. As legal scholar and philosopher David Luban explains, “You can’t teach good

judgment through general rules, because you already need judgment to know how rules apply.

Judgment is therefore always and irredeemably particular” which means, ethics are not alone

enough to make a legal organization. Though ethics are morally influences us lot it is needed.

Ethics in business is very important because it affect not only to the employees and employers of

the organizations but also to the whole society is affected by it. Though ethical organization can

attract and keep investors it is not the only benefit of it. Investors can invest their valuable money

peacefully with confident of their money is save. Employees know that they are not allowed with

unethical behaviors and finally customers can buy products which are worth to the money

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