Ethics Essay Assignment (Doc)

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ETHICS INDIVIDUALESSAY
Table of ContentsINTRODUCTION...........................................................................................................................1TASK...............................................................................................................................................1Issues raised from ethical perspective..........................................................................................1Decision making process in relation to ethical issues..................................................................2Ethical moral philosophies...........................................................................................................3CONCLUSION...............................................................................................................................4REFERENCES................................................................................................................................5
INTRODUCTIONEthics define as moral code or philosophy of morals practiced by group of people orindividual. Code of situation set by business is one of the example of ethics, it is a program ofmoral values and branch of philosophy which specify what is better for society and individual.Ethics play important role in business, it concerns person moral decision about wrong and write(Crane and Matten, 2016). The present essay is based on article in context of business problemwithin Australia, this essay clarifies issues raised from ethical perspective. It explains ethicalmoral philosophies that applied to consequences/ actions. This essay justifies decision makingprocess in relation to ethical issues and also explain individual ethical judgment.TASKIssues raised from ethical perspectiveEthics in business is one of the most essential part of businesses, business ethics is set ofcorrect business practices and policies regrading potentially controversial problems such asinsider trading, corporate governance, discrimination, fiduciary responsibilities, corporate socialresponsibility etc. Ethic create company reputation in market, if any organization follow ethicalprinciples in their business structure, it helps to build good market reputation or image, which isvery important for business development and growth.Business ethics issue within Australia-In Australia Federal government build three complaints bodies, Australian FinancialComplaints Authority is one of them. AFCA work for people they understand their issues and tryto solve it, just to make them happy and satisfy. From first five months of operations Australianfinancial complaint's authority received more than 30,000customer complaintsin context offraud, mislead, systemic issues against insurers and banks (Shaw, 2016). In Melbourneheadquarter authority receive 600 phone calls the day regarding mislead by insurers aboutpolicies and others things. In Australia many people feel that banks and insurers cannot providegood services which influence on people life the most. Agency try to deal with aggrievedcustomers and understand their issues just to solve is as soon as possible. Many people havefinancial dispute that will incredibly difficult to face and stressful. They found that manyindividual complaints against banking process, they are not feeling happy and satisfied with itsservices or products. Complaint's increase more than 43% which is quite difficult to handle, but1
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