In the business world employers and business owners should know that there is no room to be dishonest, or greedy dealing with a business. In reality people need to be held responsible and accountable for making sure that they are holding up and following ethical business practices. There is no reason that any business owner or manager should not follow the golden rule at work just like they would at home, treat people the way you want to be treated should work at all times.
Thinking about the old saying “Ignorance is no excuse” would apply in business as well as in our personal life. (Mautner, 2005) It is best to study the business culture of all businesses all over the world, when dealing with International business, all avenues should be addressed before conducting business in different locations. There could be all kinds of bad business practices lawsuits if someone was to go to another country and did not understand the culture of that country.
For instance in Mexico they believe that having a siesta during midday production that will help increase their production. Siesta time is usually from 12pm – 2pm and it’s the time to eat or sleep. In the United States most employers give their employees one hour for lunch, it would cause someone to lose their job if they told their supervisor that they was taking a siesta for 2 hours. That is why it is very important to study the culture and all the business practices of all countries so that companies would not be involved in bad or corrupt business transactions. Just because something is legal in the U.S. does not mean that it would be legal in another country. Most places follow different ethic rules and regulations based on their morals.
The Business plan on Investing In Africa Mtn 000 Countries
MTN: Investing in Africa Around the 1980's mobile telephones started showing up for commercial use. They were analog style, cumbersome and expensive to purchase. In the 1990's digital technology was born and mobile phones became readily available to everyone and less expensive than the previous ten years. By 1998 over 30% of the world population within the areas of Europe, Asia, and North America ...
When showing concern for good behavior that is the best way to describe ethics, showing consideration and making sure others are treated the same and equal are the best way to have good business ethics. It’s very much the same as the way we treat our family and friends on a day to day basis, whatever people do in life has consequences because of how we act or not act is another way to describe business ethics, mainly by following the regulations and rules that are expected to be followed by laws and other authority.
Knowing that if your business earned only $10,000 for the week and you have earned only $7,000 from sales that week and your payroll office process (checks to the employees and companies that distribute products on a weekly basis) and knowing that all the checks will not clear because there is not enough money to pay all the expenses, this would be unethical and not good for the business.
To have good business ethics would be shown by the views of other businesses that do take their business serious and follow the rules of good business ethics. Its best to work with people that have great business goals and taking care of the needs and necessities of the business versus working with someone that really do not care about goals only about how much money they can earn.
When a business has good ethical behavior is will show because it would be positive and appropriate. Morally anyone would rather go to a clothing store that is neat and clean and the clothes are matching in colors and styles and accessories are available. As a woman I would not feel comfortable shopping in a store that was messy and not clean and everything look like it had been on the floor and not on hangers, the appearance would be unethical and I would not shop where I felt the morals were low or that the owners seem to not care or have any business ethics.
The Term Paper on Business Ethics Test Questions With Answers
... average employee salary in all private sector organizations Answer: a Difficulty: Easy 23. Which of the following best describes ethics? a. ... making can be measured and compared. d. good ethics can also be good business. Answer: d 53. Which of the following ... consumer vulnerability? a. Elderly people susceptible to expensive health care bills b. Poor people susceptible to bankruptcy c. Children ...
The way you can tell if a business is running under good ethical business tactics would be by the employees work and the overall concept of the organizational actions. A business that does not have good ethics can be spotted right away, if the managers are lazy and don’t have any care about helping their clients or customers and the other employees act the same way, the sales will not be great because of all the negativity.
When you see employees that are happy, and enjoy their jobs and all the perks and benefits they will take care of their clients or customers. Each job should make sure that all their employees, including supervisors, managers and everyone Keep high work ethics standards 100% of the time, this helps the business or organization moving in a positive direction.
By keeping employees involved with the organization such as conducting training and keeping courses available to improve their performance by communication the mission, and the objectives and actions as an employee there this most definitely would keep the encouragement of positive ethical behaviors to help all benefits for the employees and the organization as well as clients or customers. It’s sad that all business and organization do not have good business ethics and that is why they have a revolving door as far as keeping good employees.
Business ethics have been shown through study of all human conduct, as far as emphasis on being right or wrong, this shows that they follows the rules dealing with principles and standards by the way they handle business ethics. The principles and standards that shows marketing conduct that is acceptable is called marketing ethics and its determined by the organization different owners and stakeholders that relate to all the marketing activity.
The three main principles that help a business earn trust and have long marketing relationships are the following: * Advertising * Sales * Distribution
For instance Fox News Channel always seem to talk negative about democrats, or anyone that is associated with the democratic party. “I challenge anybody to show me an example of bias in Fox News Channel.” (Rupert Murdoch (Salon, 3/1/01)
The Term Paper on The Relationship Between Business Ethics and Customer Relations
... seeks to discuss three components of business ethics, namely: international differences, dealing with employees and fair compensation. It will assess ... be geared towards ensuring that the employees enjoy relatively good high quality standards of living in the prevailing economic ... The professional bodies help to regulate the conduct of the employees. In addition to that, professional bodies ensure ...
Ethical behavior and code of ethics requires people to act appropriate and follow the law of the land, which shows exactly what the business ethics are on a day to day basis. “Business ethics and the codes that formally define it always include elements that go beyond strict legality; they demand adherence to a higher standard” (USLegal.com)
People know that we are not supposed to steal or lie to employers on their job, but they continue to do so with no regrets until they are caught. In 2002, legislation passed the (SOX) Sarbanes-Oxley Act which requires all corporation to publish their code of ethics to ensure that people who trade in stock, must publish their code of ethics with any changes to the codes when they are updated, most small businesses are not required to publish their code of ethics, only because they do not have an option with public trade.
I feel that organizations should always show and perform with positive ethical conduct all the time, this shows that their business practices are consistently and appropriate for their business ethics. Whenever you see a business that is not doing well the first thing you should look at would be how ethically sound is that business, from the start of dealing with the business, if you notice the business that do not have good morale or work ethics instilled.
You will find that this business do not keep employees long because the positive employees with good ethics will leave and find a company that has the needs and business ethics they are looking for as far as a good work environment. In my opinion a business that does not operate with ethics will not function right and when you earn money that has not been earned in an honest way it will not last long because people do reap what they sow, if you plant negative a crooked seeds that is what you will grow in the long run.
The best policy would be for a company to have good business ethics and integrity, without these Two main factors for any business they will surely have problems with their business running without issues. The definition lists ethical as “pertaining to or dealing with morals, or the principles of morality; pertaining to right and wrong in conduct…being in accordance with the rules and standards, for right conduct or practice, especially the standards of a profession.”
The Term Paper on Business Ethics and Issues
... Importance of Business Ethics Being a good person or a person of values, in one’s own opinion, being a person of good ethical and moral ... level of trust and build long term relationships with these people. Murphy et al (2005) suggested that due to the nature ... research and theory. In order to obtain promising results various codes of conducts have been developed by the organizations like American ...
