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Ethics and Morals Paper

In: Business and Management

Submitted By julian198511
Words 839
Pages 4
Ethical and Moral Issues
Cynthia Crawford
MGT 216
January 6, 2011
Frederick Pringle

Today’s business world is experiencing changes concerning ethics. This paper will give an overview of the differences between moral and ethical issues pertaining to the business world and review differences between personal and business ethics. Finally, I will give real-world examples of common ethical problems past and present in the business world. According to DeGeorge, “Morality consists of rules of human behavior and specifies that certain actions are wrong or immoral and that others are right or moral” (p. 6). Issues of morality are often linked to religion. Moral issues can have serious or immediate effects. Moral issues deal with personal values established by individuals’ upbringing and background. Moral issues are also dependent upon ones social background. Moral views are on a broader level than ethics. According to Shaw and Barry, “Business ethics are mainly concerned with morality in the narrow sense.” Etiquette can have an interaction with morality depending upon the situation. Ethics is refers to a philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness a badness of the motives and ends of such actions (Gale, par 1). Ethical issues generally deal with the breaking of laws and rules established by a governing board for an organization. Ethical issues have become more complex because of global business world and different customs worldwide. Personal ethics are based upon an individual’s particular beliefs or judgments. Each person has established a personal belief system. An individual’s belief system also can be referred to as personal principles or core values. The basis of a person’s value system is established from family values and religious background....

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