Organization Ethics

In: Business and Management

Submitted By true7004
Words 862
Pages 4
Organization Ethics Ethics are the principles and values an individual uses to govern his activities and decisions. In an organization, a code of ethics is a set of principles that guide the organization in its programs, policies, and decisions for the business. Every organization runs to earn profits but how it makes money is more important. Businesses should not depend on unfair practices to make money. One must understand that money is not the only important thing; pride and honour are more important. An individual’s first priority can be to make money but he should not stoop too illegal and unethical conduct for the sake of money. managementstudyguide.com First, external social pressure has become a major driver in business ethics. This is especially true for small businesses in smaller communities. Companies need to consider social expectations in the areas of general community involvement and environmental responsibility. The information age has contributed significantly to this increased importance of social pressure as word spreads quickly when companies fail to adhere to social standards. The emergence of the Internet in the 1990s helped spark social pressure on businesses to emphasize community involvement and socially responsible business practices. In the early 21st century, business could not afford to ignore external social pressure. If you say or do things that go against socially accepted norms, the Internet and other means of rapid communication allow the community to rise against you. Communities also expect your business to contribute financially and otherwise to the populations from whom you derive your income. smallbusiness.chron.com

This often causes companies to get involved in education and other prominent social activities that they can promote. Depending on the size of your small business, your activities…...

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