Ethical and Moral Issue in Business

In: Business and Management

Submitted By browcher
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Ethical and Moral Issues in Business
MGT/216

Ethical and Moral Issues in Business
The purpose of this paper is to explain the difference between ethical issues and moral issues. Ethics are standards of behavior, which depending on a person’s profession must be adhered to such as legal, medical, or the workplace. Ethics dictate what socially acceptable behavior within a social system is and sets the standards for what is right and wrong. Examples of ethical issues are discrimination, sexual harassment, and conflicts of interest.
Morals refer to the understanding of what is right and wrong as well as what is just and fair and the actions taken. Morals define a person’s character and conform to social beliefs. Moral issues are one’s actions on those set standards. One may know that morally something is wrong but are considered to be ethical if one keeps their word or promise made. On the other hand one may morally feel so strongly on an issue that the ethical code of their profession is set aside and is violated.
The difference between personal ethics and professional ethics are the actions one may take in response to different situations. Personal ethics are the set of ethics that an individual personally believes in and holds true. Professional ethics are rules, laws, or codes that professionally must be adhered to. Sometimes personal and professional ethics can conflict with each other forcing individuals to choose between what they believe in or to follow the professional code of ethics. For example, a person in the medical field, such as a doctor may morally believe strongly about an issue, such as abortion, and because of their beliefs think it is immoral regardless of the situation. However, because of the code of medical ethics that must be adhered to, the doctor must perform the abortion, risk losing their…...

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