Ethics and social responsibilities are commonly discussed together, although, they differ in many ways. Ethics involves the decision-making process and deciding what is the right or the wrong choice. These ethics may vary depending on the person or situation a person is put into. Business ethics involves using ethics in a workplace to influence the entire organization. Social responsibilities are what a business is willing to do to give back relatively it’s to an individual, non-profit, community, or even the environment. These things are very important in the business environment.
Business Ethics.
According to Webster’s dictionary ethics are rules of behavior based on ideas about what is morally good and bad. (Merriam-Webster, 2016) Business …show more content…
For example, you may think it’s wrong to skip class, but if this time is used to prepare yourself for a test in another class you may feel better about skipping. This kind of thinking helps people rationalize bigger and bigger ethical deviations. Universal ethical standards are ethical norms that apply to all people across the spectrum of situations.(BUSN9, 2016) Finding a universal standard may seem impossible in such a diverse society, but there are six core values that surpass political, religious, class, and ethnic divisions. Trustworthiness, to always be honest and do what you say you are going to do. Respect, to treat others how you would like to be treated. Responsibility, to be accountable for your choices. Fairness, to provide equal opportunity. Caring, to express gratitude. Also, citizenship, to contribute to the community. Studies shows that people with a high empathy also displayed the highest level of ethical leadership. This may all seem simple, but in the workplace, you may be put into a situation where you may have to do what is best for your career or the company you work for but this does not mean the decision is “right”. Someone else may follow the same outline and come to a different result and still be just as confident in their choice as you are in yours. The leader’s behaviors and decisions made in the company set the standards for the …show more content…
There are four dimensions of social responsibilities: Economics (being profitable), legal (obeying the law), ethical (doing what is right), and voluntary (being a good cooperated citizen). Some companies only do what is legally required, companies as such are less responsible and have no contribution and do not recognize an obligation to society. Other companies choose to respond by a case by case basis to market request for contributions, companies such as are a little more responsible and have responsive contributions. Companies who are more responsible choose to integrate social responsibilities in their strategic plans, making them proactive contributions. It is important of employers to be socially responsible for the employees, this goes far outside the law. The employer must generate a workplace that value each employee and guarantee that their hard work and effort pays off. The core responsibility to a customer is to guarantee customer value and providing quality products are a fair price. Consumerism is a social movement that focuses on four key consumer rights: the right to be safe (businesses are legally responsible for damages and injuries cause by their products), the right to be informed (businesses are required to provide extensive
Business Ethics.
According to Webster’s dictionary ethics are rules of behavior based on ideas about what is morally good and bad. (Merriam-Webster, 2016) Business …show more content…
For example, you may think it’s wrong to skip class, but if this time is used to prepare yourself for a test in another class you may feel better about skipping. This kind of thinking helps people rationalize bigger and bigger ethical deviations. Universal ethical standards are ethical norms that apply to all people across the spectrum of situations.(BUSN9, 2016) Finding a universal standard may seem impossible in such a diverse society, but there are six core values that surpass political, religious, class, and ethnic divisions. Trustworthiness, to always be honest and do what you say you are going to do. Respect, to treat others how you would like to be treated. Responsibility, to be accountable for your choices. Fairness, to provide equal opportunity. Caring, to express gratitude. Also, citizenship, to contribute to the community. Studies shows that people with a high empathy also displayed the highest level of ethical leadership. This may all seem simple, but in the workplace, you may be put into a situation where you may have to do what is best for your career or the company you work for but this does not mean the decision is “right”. Someone else may follow the same outline and come to a different result and still be just as confident in their choice as you are in yours. The leader’s behaviors and decisions made in the company set the standards for the …show more content…
There are four dimensions of social responsibilities: Economics (being profitable), legal (obeying the law), ethical (doing what is right), and voluntary (being a good cooperated citizen). Some companies only do what is legally required, companies as such are less responsible and have no contribution and do not recognize an obligation to society. Other companies choose to respond by a case by case basis to market request for contributions, companies such as are a little more responsible and have responsive contributions. Companies who are more responsible choose to integrate social responsibilities in their strategic plans, making them proactive contributions. It is important of employers to be socially responsible for the employees, this goes far outside the law. The employer must generate a workplace that value each employee and guarantee that their hard work and effort pays off. The core responsibility to a customer is to guarantee customer value and providing quality products are a fair price. Consumerism is a social movement that focuses on four key consumer rights: the right to be safe (businesses are legally responsible for damages and injuries cause by their products), the right to be informed (businesses are required to provide extensive