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Sustainability and Ethics Report on Importance of Ethics in Business Decision and Impact of Ethical Decision in Small Business

   

Added on  2022-11-13

11 Pages2680 Words68 Views
Leadership ManagementEntrepreneurshipProfessional Development
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Running Head: MANAGEMENT 0
Sustainability and ethics
Report
Student Details
Sustainability and Ethics Report on Importance of Ethics in Business Decision and Impact of Ethical Decision in Small Business_1

MANAGEMENT 1
Contents
Introduction....................................................................................................................1
Literature Review: Ethics for Business Decision...........................................................1
Apple Inc.: Ethical Business Decision...........................................................................2
Impact of Ethical Decision in Small Business...............................................................4
Conclusion......................................................................................................................6
Sustainability and Ethics Report on Importance of Ethics in Business Decision and Impact of Ethical Decision in Small Business_2

MANAGEMENT 2
Introduction
This assignment helps in understanding the importance of ethics in the Business Decision.
The first part of this paper will cover the literature review on the articles related to the Ethics
role in Business Decision. In the second part, there is a critical analysis of the case study
named as “Apple Maintains Strong Ethical Roots”. At the end of the assignment, there are
literature reviews on the articles related to the impact of ethics in small businesses.
Literature Review: Ethics for Business Decision
Ethics are moral principles, which governs the behaviour of the person and lead the
organisation while conducting various activities (Psychology Today, 2019). The ethical
decision is the necessary process in the Business, as it helps in perceiving the important
business decision and eliminating the unethical decisions to achieve the goals in an efficient
and appropriate manner (De George, 2011). The Following Literature reviews will help the
reader in understanding the role of ethics in business decisions.
According to the article by Thomas Klikauer (2017), the examination of moral behaviour in
the organisation might be as older as a business. This paper contains the discussion, which
states that business morality is the part of the business, which helps in linking the
organisation with the moral philosophy. However, form the point of view of moral
philosophy, the business ethics idea is considered to have appeared rather unfamiliar. These
papers specify that there are so many business ethics which might appear as the
contradictory, sometimes it seems to be closer to the business rather than to moral principles.
As per the research in the paper, it has been observed that the Business ethics carried some
connotations to the term called as ideology, however, the danger in this zone is that the ethics
Sustainability and Ethics Report on Importance of Ethics in Business Decision and Impact of Ethical Decision in Small Business_3

MANAGEMENT 3
might be exposed and lose its roots of moral philosophy. Hence, this question arises that
business ethics is an ideology”? In addition, to answer this question, this paper contains two
parts. The first part specifies that moral philosophy is separate from ideology. While the
second part specifies that businesses ethics is dependent on an ideology (Klikauer, 2017).
This paper concludes that the businesses ethics is leaned either on the ideology or on moral
philosophy. This article further recommends that future research can cover the theoretical
aspects of this research in their decision making the process in a wider sense.
According to the article by Karen Paul and other (2010), this paper states the study, which
denotes the impact of both the organisational and individuals ethics on international
decisions. The ethical intention is to engage the behaviour ethically, which is helpful as the
dependent variable as it is related to the behaviour, which includes the expression values and
influenced by the social and the organisational variables. The focus of the research paper is
on the ethical intentions in decision making of international businesses as the international
term provides a better understanding of taking the ethical decisions. This paper demonstrates
the result that whether it is individual ethics or organisational ethics both are influenced in a
positive manner. Additionally, after the research, it has also been observed that the younger
manager will be more influenced by organisational ethics as compared to the older manager.
As per the findings, creating the governance of the ethical decision helps in enhancing the
ethical congruence (Elango, et al., 2010). This article further recommends that by boosting
the manager likelihood towards the ethical choices in business decision-making, it can
increase the productivity of the Business.
Apple Inc.: Ethical Business Decision
The Headquarter of Apple is situated in Cupertino, California. This company history denotes
many successes throughout the preceding years. It has been observed that like many other
Sustainability and Ethics Report on Importance of Ethics in Business Decision and Impact of Ethical Decision in Small Business_4

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