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Viewing Ethics Through My Eyes

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Running Head: VIEWING ETHICS THROUGH MY EYES

Viewing Ethics through My Eyes
Business Ethics
Heather Morgan
Aiken Technical College

Running Head: VIEWING ETHICS THROUGH MY EYES

Abstract
Ethical choices are made every second, rather knowing it or not, you make one every day. Versus being in a work environment, at a school activity, or being around friends and family. Every one's views are different when it comes to ethics and it all relates back to how you view situations and how you intend to follow through with the choices you make. Ethics relates back to how you were raised; rather through spiritual beliefs or in the home. Everyone's beliefs are different and that's what makes ethics it's own virtual way of views.

Running Head: VIEWING ETHICS THROUGH MY EYES

Viewing Ethics through My Eyes
Business Ethics Ethics can be perceived in more than one form. I view it in the sense of virtue ethics, based on character traits people have that are good (Anne T. Lawrence, James F. Weber, 2011, p. 83). The method I would enforce would be the justice method (p. 83). Everything should be based off a fair and just form no matter the person, they should all be treated equal. I have an older brother and my parents raised us equally, even though we are four years apart in age. Anything he received, I received the same thing or something of the same value. I was raised to believe that all people should be treated equal no matter who they are or where they come from. I take this into account in my everyday life, rather that involve work, school, or just interacting with people. In the 1930's, the world was in the Great Depression. The housing market dropped and the stock markets crashed. There was a company called Moody's, which was a credit rating agency. During 2008, the economy went back down again and it was the closest thing to another Great Depression we had seen. Moody's, along with other credit agencies, started giving loans to families with lower income than normal and they began to struggle to pay the loans. The agency was well aware of the declining market and how it was going to continue to drop. "Instead of using this information to temper their ratings, the firms continued to issue a high volume of investment grade ratings for mortgage backed securities (9/3/2009 “Credit Rating Agencies and Their Regulation,” Report No. R40613 (revised report issued 4/9/2010))."

Running Head: VIEWING ETHICS THROUGH MY EYES Rather looking at ethics in a business aspect or everyday aspect it still revolves around the same thing. Ethics relates to your beliefs; spiritual, moral, or family beliefs. There are six stages or moral development and they are the stepping stones in ethical choices. The first three stages, which are the largest life shaping ones, childhood, adolescence and you, and early adulthood and adolescence (Lawrence, Weber, 2011 p.81). These stages relate to punishment avoidance, reward seeking, and social groups. Children and young adults are easily influenced and repeat a lot of what they see. Showing them at an early age how to handle situations and the laws of the world they are more likely to succeed in the business world and in life by making better choices. Anything dealing with ethical choices all relate back to every choice any person makes.

Running Head: VEIWING ETHICS THROUGH MY EYES

References

Congressional Research Service (2009, September 3). Credit RAting Agencies and Their Regulation, Report No. R40613 (revised report issued 4/9/2010). http://www.whatthefolly.com/wp-content/uploads/2011/04/Levin-Coburn-Senate-Financial-Crisis-Report-credit-rating-agencies-pg-243-317.pdf

Lawernce, A. T., Weber, J. F. (2011). Business and Society, fourteenth edition. Stakeholders, ethics, public policy.

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