Comparative Business Ethics & Social Responsibilities

COMPARATIVE BUSINESS ETHICS & SOCIAL RESPOSIBILITES 1
COMPARATIVE BUSINESS ETHICS & SOCIAL RESPONSIBILITIES
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COMPARATIVE BUSINESS ETHICS & SOCIAL RESPOSIBILITES 2
Comparative Business Ethics & Social Responsibilities
Introduction
According to the Australian Journal of business research, it is essential to understand
the role of business ethics and social responsibilities. Business ethics is defined as a moral
principle that guides how people behaves in a business (Ferrell at el., 2019, p.491-501).
Therefore, it means the state of differentiating right and wrong and finally making the right
choice. Therefore, due to more emphasis on business ethics in the current business world, they
have emerged various ethical business issues that affect the business organization. Thus, this
paper aims at examining the current ethical issues in Australia, individual decision-making
process, and ethical moral philosophies in a business organization perspective.
Ethical issues in business today
Studies say that bad ethical practices can profoundly affect organization productivity.
According to similar studies, managers and employees who make unethical decisions can end up
losing their jobs in the organization (Weiss, 2014). Also, getting recognition due to unethical
practices can reduce public confidence over the respective organization. Moreover, political
changes and implantation of new technology in the organization can cause people to exhibit
unethical practices. Some of the common ethical issues in business are accounting, technology,
discrimination and harassment and social media
Accounting issues
Accounting issues are critical in any business organization. According to the article,
some accounting concerns can affect business in various ways. Some accounting managers give

COMPARATIVE BUSINESS ETHICS & SOCIAL RESPOSIBILITES 3
false information and fail to report taxes, which affects the financial position of a particular
organization. According to studies some accountants embezzles organization funds for their
gains. Such practices display unethical practices in business and should be avoided. The
organization should heavily punish such ethical practices and ensure that those in the position of
unethical practices are accountable for their behavior. Also, business organizations should make
sure that their practices are being ethical and fair to all employees and clients. Moreover, they
should come up with training programs aimed at training their employees on good ethical
practices (Amstrong, 2017, p.147).
Technology issues
DeGeorge (2017, p.269) argue that changes in today's technology are profoundly
affecting many business organizations since they have to change their way of doing things.
Therefore, technology has brought a lot of controversies because the business organization has to
make changes regarding customer’s private information. Consequently, there has been a lot of
cases involving violation of customers rights. The most organization has not been able to protect
their customer's private information leading to violation of their rights. A personal breach can
negatively impact customers since, and they can even lose their money if the intruders access
their financial data.
Therefore, to prevent this business organization from to handle customer’s private
information, they should critically evaluate the kind of information to disclose to other
organizations. Thus, they should not reveal their customer's private information without making
a proper judgment on that information. Also, they should be aware of new technology and
employ specialized personnel who can handle such private information without any security
breaches.

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Social media issues
According to Ayres (2013, p.1540), social media is a significant methodology for
promoting business. However, it can as well bring up ethical issues in the workplace regarding
how the employees use it at the workplace or in private. Studies show that some business
organizations fire their employees due to some post on social media, which outlines their
characters like behaviors. Thus, the organization eliminates such employees to protect their
remarkable positions and reputation in the business world.
Therefore, it is essential for any business organization to clearly defines policies
regarding social media posts. Also, they should train their employees on the raid down policies.
Thus, the training programs will prevent any confusion regarding social media policies, so
employees are aware of what to post and what not to post.
Discrimination issues
According to studies, discrimination is one of the major issues affecting many business
organizations. According to similar studies, employees can be discriminated in terms of gender,
sexual preferences, race, ethnicity, religion, class, and physical disability (BRONI, 2010, P.795).
However, in business, some people may be denied vacancies due to their differences in race,
sexuality, religion, and disability. Therefore, the most federal government have established rules
and regulation regarding employment. According to studies breaking the regulations can lead to
high fines, bad morale, and loss of specialized personnel, which could be more effective.
Individual decision-making process
Mora Sensitivity