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Ethics Today

In: Business and Management

Submitted By aqualuna04
Words 419
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Ethics Today
Ethics plays an important role not only in people’s life but also in the workplace. What is the definition of ethics? “The rules of conduct recognized in respect to a particular class of human actions or a particular group.” Over the last few decades, the study of ethics has changed in different ways. We now face many ethical dilemmas as society evolves and technology plays a big role in the way we do business. The ethics field of study has changed over the last 30 years. Companies have to deal with organizations monitoring the behavior that is executed while doing business. These organizations create rules and regulations that set the standards for companies to follow. Even though there were many ethical dilemmas in the past that made headlines, the ones we deal with today have a greater broadcast because of the technological advances available today. People blog and text all day long about their experiences with companies, and the negative bias gets read even if it didn’t make the presses. The biggest challenges to business ethics in the 21st century in my opinion can be explained in the following statements. Companies have to be concerned with ethical decisions that hurt the environment. They must ensure they are morally responsible and have set values by which employees should abide. Another main challenge is ensuring employees - as well as customers - are treated fairly and equally when providing products and services. Because we are so technologically driven nowadays, companies have to be aware of the attention they draw on the internet. With the use of social media websites, it is difficult to avoid scandals from occurring in a high scale; many malicious remarks are trusted even if the reader never had any negative experience with the company. Companies struggling with business ethics today are definitely dealing with...

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