Business Ethics Assignment: Global Ethics Assignment
Added on 2020-06-06
13 Pages3647 Words117 Views
Healthcare and ResearchPhilosophyPolitical Science
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GLOBAL ETHICS
Table of ContentsINTRODUCTION...........................................................................................................................1Task 1 : Ethical theories ..................................................................................................................1Task 2 : The potential for leading and implementing sustainability and governance policies inhospital ............................................................................................................................................2Task 3 : Appropriate stakeholders and strategic collaboration opportunities for organizations andcommunities locally, nationally and globally .................................................................................5Task 4 : The impact of current organizational practices on sustainable development for futuregenerations ......................................................................................................................................6Task 5 : TIME MANAGEMENT, POTENTIAL CONFLICTS WITH GOVERNMENTORGANIZATIONS, ETHICS AND ANTICORRUPTION, PARTNERSHIP ANDSUSTAINABLE DEVELOPMENT................................................................................................7Conclusion ......................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONThere are various ethical and social responsibilities needs to be considered by a businessor organisation in order to operate its business activities successfully and effectively. Theseethics and responsibilities changes according to different areas or countries. The present reportwill analyse various theories related to sustainability, ethics and responsibility in global contexts.The report will also determine potential of leading and implementing governance as well assustainability policies with regards to hospitals or healthcare organisations. Furthermore, theassignment will also identify effective stakeholders and strategic collaboration opportunities forhospitals and communities locally, nationally and globally. The impact of current organisationalpractices on sustainability development for future generation will be also determined in thereport. Task 1 : Ethical theories Due to the complexities of dealing with human nature while determining a set ofguidelines, rules and principles to follow within hospital and health-care organisation. Theconcept of business ethics tries to cope up with various solutions to handle problems and issuesthat arise in the business environment. Different ethical theories tends to provide guidelines andplans that justify an action to be wrong or right while resolving any conflicts. In order to ensurethe business sustainability it is important for the new hospital to focus on ethical practices in theorganisation. The Hospital needs to focus on business ethics and corporate social responsibilityas it can help in achieving the following - 1.Increasing the level of employee retention, making employees stay longer in theorganisation. It helps in increasing productivity and reducing labour turnover.2.Attract new customers to the hospital's services and products that can assist top boossales and profitability(Lesandrini and et.al, 2017).3.Helps in attracting new talented employees in the hospital which assist to reducerecruitment cost as well as provide skilled employees to the organisation. 4.Attracting investors and enhancing company's share. Unethical behaviour can negativelyaffect the hospital's reputation making it less attractive or appealing for the stakeholders. Types of ethical theories Justice – The Justice theory refers to the significance of getting equality, fair treatmentand rights. This theory states that each and every individual has a right to own a piece of1
property as long as its achieved with fair practices without hurting or damaging rights ofothers. There are two major principles of Justice theory – One principle states that if thereis any economic or social inequality or injustice, the member of the society who getsmaximum disadvantage should be benefited. The other principle states that each andevery individual should get equal rights as well as there should be equal distribution ofsocial services or good such as food, healthcare, education etc. The hospital in Dubaineeds to focus on providing equal rights to their employees as well as patients withoutany discrimination(Greenhalgh and et.al, 2017).Utilitarianism – This theory states that an activity or action is considered to be right orwrong on the basis of its effect or impact on an organisation or people. Utilitarian theorystates that an action is right is it has a positive impact on people or business. On the handit is considered to be wrong if its negatively affecting individuals or organisation. Itconcludes that this theory goes with a simple rule, an action is ethical based if it providesmaximum benefits to a majority of people. Various tools such as risk assessment, costbenefit analysis are often depended on utilitarian theory for decision making.Organisations can utilise and adopt this theory of ethical business for improvingorganisational performance and productivity by choosing an ethical action. It can help intaking the best decisions for the business or organisation.The Hospital should focus on adopting utilitarianism theory for business ethicsand social responsibilities. Its should try to perform ethical actions which can be helpful for theorganisation as well as stakeholders such as employees, patients etc. Good practices positivelyaffect each and every individual linked with the organisation. Positive impact of theorganisational activities can satisfy the needs of various stakeholders as well as help the hospitalto build good reputation in the market. In global context, every organisation needs to perform itsbusiness functions or activities with respect to the ethical values and social responsibility of thecountry or society(Trotochaud and et.al, 2015).Task 2 : The potential for leading and implementing sustainability andgovernance policies in hospital The philosophy and nature of the health-care sector as an industry is different from anyother industry. The main driver of this sector is humanitarian, that manifest itself throughproviding preventative, curative and rehabilitative service to patients. Hence, the sector's loyalty2
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