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Ethical Issues in Ob

In: Business and Management

Submitted By sparksbd
Words 545
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Ethic’s is the knowledge of which is good and bad and the moral duty and obligation to in dealing with what is good and bad. Holding concerns of corporate social responsibility and the importance of those involved in organizations uses business ethics. Management must be educated in legal compliance of ethical business practices in an effort to maintain legal boundaries. It is always best for an organization to encourage good moral standards within the organization. Ethical decisions in the long run can become very costly for an organization. With most organizations in practice, many however, still remain in an awkward state of practice with their knowledge of business ethics. There are laws are set in place, such as the foreign corruption practices act, preventing forceful acts of unethical behavior. The potential for others to perform or engage in unethical acts is on the up-rise (Kinicki, 2009). As a means to influence ethical behavior in employees many employers offer rewards to prevent unethical behavior within the organization. Training in ethical standards is provided to coagulate the relationships among management and their employees. Self discipline alone with ethical training programs provides the foundation when making the “difficult” decisions in ethical relationships. Many organizations are experiencing some sort of ethical dilemma of some quality. The challenge is to gain a clarification of the issue, gather the relevant facts, list your options, test each option by asking Is it legal; is it right, and finally is it beneficial to the organization. The final challenge is to make the decision, double check your decision making and take action (Kinicki, 2009). Effective organizational traditions deal with ethical behavior and discourages unethical practices. The wall Street Journal is a known publisher of several articles on illegal or unethical...

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