Building an Ethical Company: Implications of Ethics on Business

This article discusses the importance of building an ethical company and the implications of ethics on business. It includes a literature review and analysis of theoretical concepts and their implications, as well as the impact of ethics on organizational productivity, legal compliance, and customer loyalty.

Element Written assignment

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................4
Literature review:.......................................................................................................................4
Analysis of theoretical concepts and their implications.............................................................6
CONCLUSION.............................................................................................................................11
REFERENCES..............................................................................................................................13

INTRODUCTION
Building an ethical company is the cover story as it signifies about personal ethics that
governed in organization that conducts less ethical consideration (Lewis, 2021). This helps in
establishing code of conduct and facilitate that don't continuously help workers to grow as
ethical individual. To build an ethical conducts in business. The cover story includes issue of
don’t necessarily doing ethics in workplace as well as recognizing ethical consideration that
fosters business function. By playing core value of ethical consideration through mentoring
mentors by address ethics in way of conduct of business. Through focusing on others by
building ethical conducts through leading ethics career.This helps in addressing business
function by determining ethical code of conducts that empowers organization function in desired
manner. The ethical building is demonstration of knowledge and skills that helps in conducting
effective approach for business. As it is necessary to maintain ethical conduct of behaviour in
organization to performs roles and responsibilities in effective manner. In order to do that,
leaders may provide experiential training in ethical predicament. By motivating peoples in
workplace through mentoring in ethics conducts positive approach for business through
maintaining ethical consideration of business through learning and development. This helps in
fostering organization performance by maintaining ethical consideration in business that
performs by employees. As they follow ethics and beliefs by understanding knowledge and
skills through following ethics that derives ethical perspective. The theme is personal ethics that
helps in fostering environment of business by maintaining smooth functioning of organization.
By building relationship with employees through enhancing trust and faith in workplace of
organization. This helps in raising morale of employees in business through proper estimation of
ethics by fostering business environment. This plays key role in function of management of
building ethics through emphasizes emerging theme and approach that conducts systematic
functions of management (Voronov and et.al, 2021). By building relationship with others
through emphasizing ethical consideration in business.
The building of ethics helps in boosting performance by maintaining sustainability
through emphasizing ethical code of conduct. By this helps in maintaining sustainability and
conducts growth through learning ethics that emphasize building career in ethics. Through
smooth functioning of organization by performing roles and responsibility effectively. It helps in
maintaining functions of management by performing ethical helps in reducing issues. In this

determines key issues conduct due to not entering into workforce that conducts negative impact
on business because of less ethical conduct. The emerging key themes that addressed in the
cover story is personal ethics as this develops issues due to people don't enter into workplace
with moral qualities, unable to recognize properly the role of workplace in lives of people that
conducts issues in business. As theoretical perspective and themes of morality or virtue is
signifies in business by considering personal ethics. The key issue of not following ethical
consideration in workplace, lack of unbehavioural practices etc. Emerging issues that takes place
in ethical building of company is determines that conducts negative approach on business due to
less ethical form (Hitch and Pepin, 2021). As this impact on business productivity as well as
arise problems on unethical conduct. Through declining sustainability by influencing business
and non-business organization. By influencing functions of business through neglecting ethical
code of conducts that influence building of ethical company. By managing and controlling
ethical practices helps in raising business productivity by considering of ethics value and beliefs.
It helps in managing resources through learning and developing knowledge by considering
ethical way of consideration. This develops issues and problems in business by lack of ethical
consideration through not properly managed business function of organization. Employees of
organization are not following ethical codes by neglect value of other team members.
MAIN BODY
Literature review:
According to the Isaac H. and Maryam Kouchaki (2021) cover story Building an ethical
company which determine in the personal ethics of the Harvard business review by which the
cover story identify the issue related in the ethical company and develop a skills and abilities to
be ethical and enhance the company. According to the evidence which describe in the magazine
identify that the author offer a framework for amoral building of a company for better
achievement. Ethical learning is essential to build an ethical practice of a company and enhance
their ability. There are a lot of issue which discuss in the cover story in the magazine by the
authors. The article written after research the hundreds of articles and business studies in terms
of building an ethical company. For building individual should focus on serving others in order
to gain the profit and promote the company more. According to the author they mentioned in
cover story that encourage mentors to maintain the ethics in the company. Mentoring is the

essential part to build a good ethical business practice in the company. The competitive business
also develop a competition in the environment by which every company should have to maintain
the ethical practice in the business. For the better ethical practice organization should train and
develop their employees in order to be ethical and maintain the standard of the organization. For
the better mentoring to the employees company should mentor them either formal or informal in
terms of progress and advancement as the ethical business.
In the cover story is has been stated that within the increasing pace of time, the
employees learns more skills and creativity at the workplace. But, at the same time, the
employees forgets there ethical behaviour in the organization. The story revolves around the
unethical behaviour of the organization that leads to the several problems in the organization. As
ethical learning is one of the major element onto which a keen focus has to be made. The major
issue of the cover story is the unethical behaviour at the workplace by the people. The ethics
determines the morals of the employees. The key debates that has been discussed in this cover
story are that people do not come at the workplace with their fix morale character. Under this, it
has been stated by the author that the employees that are selected in the organization works in
the company with a view to increase their skills and creativity. The individual only focuses on
increasing their performance. The ethical concern has not been given major priority by them.
This should not be done like this. According to the Massaro and et.al., (2019) the ethical
consideration plays the important role in the organization. In an organization there are large
number of people that comes from the different culture. The ethical behaviour suggest that, all
the culture should give the equal values. But, it has been found from various research that, this
element is missing at the workplace. As all the people are ignoring the ethical concern in the
organization. As a result, many employees feel demotivated in the organization.
The major theme of the cover story is revolving around the moral value that is missing in
the people at the workplace. It has been stated in the cover story that the employer in the
organization focuses on creating the skill of the employees. So, they can contribute more while
performing the task. But, what about the personal aspects of the employees. They are getting
ignored. At initial stage the employees are only guided towards performing in effective manner.
And when the employees become expert. They do not give more importance to the ethical
concern. Therefore, it is important to guide the employees from initial stage about the
importance of ethics in the organization. The ethical behaviour provides the major benefit to the

individual and the organization as well. Therefore, along with increasing the work ability of the
employees it is important to increase the ethical aspect as well. So, the personal aspects of the
employees can also be maintained. The author has stated that, ethical learning is not the task of
one day. It is a big concept that involves the experience. Therefore, the employer in the
organization has to crate such environment that ensures the ethical behaviour among the
members of the organization.
The organizational culture is the major aspect that determines the ethical concern in the
organization. The organizational culture that ensures the respect to each and every employee
along with listening the problems has been considered the effective organization. The another
key debate of the cover story revolves around the ethical model tat has been given by the Scott
Reynold. The model suggest that there are large number of people in the organization and all of
these people are concerned with the different set of thinking. And all the people have the
different point of view. At certain level, these different point of view does not match with each
other and this leads to create the large number of dispute in the organization. It is important to
determine the ethical pattern ion the organization. It ensures the ethical behaviour by each
member. So, all the people in the organization can understand each other's point of view instead
of claiming the clashes among each other. The ethical debate and group discussion has to be
done in the organization so, the employees can learn the ethical aspects. It is important to
establish the effective understanding between the members in the organization. So, the
employees can try to understand each other and an effective understanding has been made
between the employees. This leads to respecting the opinion of each and every person in the
organization. As a result, the ethical patter has been implemented in the organization. The ethics
has been considered as the vital element in the life of the people. And the complete cover story
revolves around the ethical pattern.
Analysis of theoretical concepts and their implications
The theoretical perspectives of ethical building that signifies in this is deontology
approaches that helps in attaining results and outcome of business. This theory aims that rules
and responsibilities is to be performed in business function to made ethical conduct of business.
As it emphasizes that humans are equal, social etc. that facilitates each and every individual who
work in business are equal (Ceric and Ivic, 2021). It determines that employees play their role
effective by paying attention to job roles first. By paying attention on equality of human beings

helps in maintaining sustainability growth of organization. As it is essential to perform ethical
code of conduct by performing work respectively. This emphasizes as playing role and duty of
business in respective manner by emphasizing this model that raises organization productivity.
In order to this, follows ethical conducts by respect each other thoughts, views and listen to
order of authority driven to employees. By performing roles and responsibility respectively by
conducting ethical code of conduct helps in solving issues. As facilitates personal ethic by
approaching theme of morality and virtue. This signifies by respecting values of business in
building ethical consideration that emphasize rapidly growth of business in desired manner.
Through neglecting ethical consideration develops issue such as lack of understanding, respect
etc. facilitates in business function that impact on building ethical company.
It helps in building career of ethic by emphasize theme of believing value of organization
as well as employees. By this conducts prosperity in business through emphasizing ethical
consideration of organization in desired manner (Sinani, 2021). The theme of this cover story is
morality and virtue as it signifies discipline of ethics by maintaining proper discipline in
organization helps in smooth functioning of business by reducing issues respectively. In
accordance to this the theme occurs in personal ethic as by emphasizing virtue through
understand each other values and beliefs conducts productive approach for organization. By
performing roles and responsibility through proper estimating ethical consideration in business
function. This helps in deriving best practices through neglecting issue of ethics by consideration
of ethical perspectives in desired manner. The ethics derives values and beliefs of business by
systematic functioning of organization. In terms of this the ethical approach helps in signifying
workplace potentiality by learning and growing in market sector economy. Through deriving
opportunities by conducting ethical consideration in business through learns ethics by
consolidating each other values effectively. It brings desires of self-learn by adapting ethics as
personal ethics that conducts growth and development as a individual personality. By this grow
as a person by learning ethics that signifies to follow ethics and beliefs helps in making
development of personnel. It helps in demonstrating about views and thoughts that which is right
and bad. As morality emphasize values that holds individual by emphasizing them good and bad.
The ethical consideration derives safe workplace by emphasize ethical perspective at
work. Through this approaches and themes helps in raising growth and development in personal
ethic by growing as selflessly.The culture ethics helps in performing business function by

focuses on awareness through deriving positive outcome (Muminovich, 2021). By emphasizing
better approach that helps in raising social awareness that conducts positive approach. Through
maintaining ethical consideration in business by developing trust and fair in business by building
as strong relationship. This makes ethical code of conduct in business by emphasizing
productive approach through encourage mentors to address ethics that conducts effective way of
conduct in business. As maintains ethical code of conducts through boost performance as well
recognizance in core value of business by emphasizing ethical consideration. By learning ethics
helps in learning values and beliefs by working organization function in systematic manner
through facilitating productive approach. By performing ethical way of conducts that raises
productivity and boost morale of business in desired manner.It is necessary to maintains
personal ethics that signifies about nature of people through following ethics in business that
helps in growing organization effectively. The approaches and themes work in better way for
building ethical code of conduct that raises organization performance in respective manner
(Bekius, Meijer and Thomassen, 2021). As recognized core value of business by following
ethics and values through learning procedure. By approaching ethics theoretical perspective and
themes of virtue address ethical consideration by respecting each other values and beliefs
through maintaining systematic functioning of organization. As this signifies ethical practices by
addressing ethical values in business helps in performing business function in respective
manner. It helps in building career of ethics by regulating it in acceptance of business that helps
in performing functions respectively.
Implications of ethics on business
The implications of ethics are take place on business that influence organization
productivity by impact on their functions of management. In this occurs various factors such as
risk of distress, harm to people, loss etc. that create issues by affecting business function of
organization. It also signifies positive approach through promoting honesty among workers of
business (Sadullaev, 2021). This derives positive influence on organization of building ethics by
emphasizing corporate ethics that helps in deriving quality, gain trust from shareholders etc. The
building of ethics in business derives implications through raising law by outlines actions
through controlling government legislation by conducts business ethics that helps in raising
organization productivity. It derives ethical implication that takes place in business by
emphasizing roles and responsibilities. This also emphasize negative implication of ethics on

business through neglecting trust and faith among employees. As this create problems and issues
in building ethical company by not following ethical code of conduct in business. It will impact
on business productivity through neglecting ethics on business that influence organization
function. In order to reduce this by performing work adequately by emphasizing ethical building
on business by maintaining trust and faith among employees that helps in deriving positive
approach on business. The employees work in respective manner by following ethics through
emphasizing ethics as primary function to address in job.
By maintaining ethics through emphasizing ethics programs helps in raising organization
growth by conducting positive implications on business (Alshurafat, Al Shbail and Mansour,
2021). When harm, injuries on mind of people take place by neglecting ethical practices of
business impact on business. The key issue arise that is people don't enter into workplace by not
performing their roles and responsibilities effectively. This will lead towards influencing
organization function role of work by neglecting ethical code of conduct. Through not
performing ethical behaviour in respective manner by avoiding ethics that conducts negative
aspects on business. It signifies that it should develop implications on business in positive
manner by motivating employees to perform ethical practices by controlling and managing
situations respectively. By encouraging people to address ethics that helps in fostering
environment of organization that helps business to grow and emphasize development (Azizul
and Kamaruddin, 2021). As by performing ethical consideration in business derives organization
as attractive as other workers. It raises focus on better governance by making strong culture in
business function of organization that helps in deriving sustainable value of business.
Implications of ethics on non-business organization
The another factor is the implications of ethics on non-profit organization that derives
struggle with its financial aspects in business by conducting charity through providing donations
to non-business organization (Tajalli, 2021). By maintaining ethical consideration in business
function of organization helps in conducting positive approach for business. It implicates ethics
on non-business organization by emphasizing values through respect each other emotions
effectively. This helps in maintaining ethical conduct on non-business organization by reducing
issues of ethics such as conflict of interests, financial coherence etc. As performing ethics in
desired manner by systematic functions of management through ethical consideration on non-
business organization. The ethical implications on non-business organization derives positive

influence through maintaining strategic management of organization. Also, develops issue by
neglecting ethical consideration in business that influence organization function by impact on
sustainability of business. As it influence non-business organization through influencing
behaviour and action in business by neglecting ethical code of conduct in business. It leads
towards influencing organization function by not properly functioning of ethical consideration in
business (Parks-Leduc, Guay and Mulligan, 2021). This develops implication by declining of
workplace environment through lack of ethic behaviour, communication etc. It develops issues
that implicates in non-business organization by impacts on growth and leaning through unethical
behaviour. This develops issues by not performing values and beliefs in systematic manner that
occurs problem for non-business organization.
The ethical consideration is to be followed in non-profit organization to boost
organization productivity by performing functions of business in respective manner (Signori and
Fassin, 2021). By adapting ethical practices and building career to fosters environment helps in
raising ethical code of conduct in business. By raising business productivity and emphasizes
effective approach through performing business function in respective manner. Through
acknowledging ethics in consideration of organization by performing roles and responsibilities
through conducting ethical code of conduct. It helps in increasing power of non-business
organization by maintaining sustainability growth of ethical building company in desired
manner. In order to this, for conducting positive implications by removing conflicts, problems of
financial integrity helps in emphasizing better ethical code of conduct in business. It helps in
maintaining accountability, investment regulations and other elements that comes in ethics. As
this helps in building ethical company by removing issue of ethics by addressing ethical code of
conduct in respective manner. By maintaining ethics and performs business function through
performing ethics in non-business by following legislation in desired manner. The breaking
down of ethics leads towards declines trust and confidence that emphasizes negative approach
on business by neglecting ethics value and morality. When trust and faith breakdown in non-
business organization develops issues as employees not trust each other as their faith removes
among them. This leads towards influence non-business organization that reduces sustainability
growth of ethical building company by declining of confidence.
The another factor of ethic issue in non-business organization is unethical behaviour that
develops issues by impact on building of ethical company. This leads towards unethical

behaviour by neglecting ethical behaviour through not talking with other colleagues properly. It
influences non-business organization by impact in negative manner (Goods, 2021). In
accordance to reduce this issues that occurred in non-business organization by building trust and
confidence among employees that results in positive outcome for business. By properly
maintaining ethics through conducting ethical behaviour of organization helps in raising non-
business organization productivity. This results in positive outcome for business by
communicating with other employees and paying respect to them. Also, takes decision according
to taking in mind about ethical consideration that helps in building non-business organization by
smooth functioning. As follows ethical conduct in business by recognizing role of workplace in
lives. This help in maintaining ethical consideration of non-profit organization by growing
sector of non-business.
CONCLUSION
It has been concluded from the above report that the ethical aspect plays an important
role in shaping the character of the individual. The ethical patter of the individual has not been
pre-determined by their birth. It is considered as that element that has been adopted by the
people according to their experience in the life. This report revolves around the cover story that
was based on “Building an ethical company”. In an organization there are large number of
people that works together and all of these people are from different background and culture.
The respect towards all the members and their culture ensures the ethical pattern in the company
(Conway and Kotera, 2020). But, the major issue that has been highlighted is that, in the
companies the employees are only driven towards increasing their productivity and the ethical
aspect has not given the major value in the company. And this leads to decreasing the
importance of ethics in the life of the people.
The report has also described about the ethical model that has been given by the Scott
Reynold. This model puts a major focus over the different mentality of the people in the
companies. There are number of people working in the company and all of these people are
guided towards the achievement of main goal. In order to achieve the goal, all people have their
own way of working (Zaim, Wisker and Acikgoz, 2021). Different opinion of the people leads to
increasing the number of disputes among the members. This is the sign of unethical behaviour.
The ethical behaviour suggest that the employees in the organization should value each other's
opinion instead of making clashes. But, the employees are only guided towards the achievement

of the organizational goal. There personal aspects are getting ignored. Apart from this, the report
has discussed how increasing skills of employees makes them to forget about ethics.
The employees learn the new skills in the organization and become more effective in
their working. This leads to create the sense in employees that they are superior and knows
everything they forget about the importance of ethics. Therefore, it is important to adopt the
ethical pattern in the organization. The culture of the organization plays the important role in
determining the behaviour of the employees in organization. Therefore, the companies must
adopt the policies that ensures the ethical behaviour in the organization. So, within increasing
the productivity in the work of employees the ethical behaviour of the employees also become
effective. The ethical behaviour is the bigger task that has been adopted by the people after
experiencing the work environment. Therefore, the organization must puts a focus on creating
the effective environment in the organization that insist the importance of ethics. The discussion
in relation of the ethics has to be taken in the organization. So, the employees become aware
about the importance of ethics (Aprillia and Maharani, 2021). The ethical behaviour has to be
put into the practices. So, the morals of the people increases. The ethics are the important
element that helps in shaping the character of the people.

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