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ORGANIZATION AND BUSINESS MANAGEMENT11.Ethical System in the Business EnvironmentThe ethical system in the business environment relies on the principle that an attitude andbehavior in the company should be understood by interrogating the interaction of various forcesand factors and should not look for bad and good employees. IBM is one of the most reputedcompanies in the world but the company is facing some ethical issues, and the biggest challengefor the IBM is to maintain the ethical conduct. As the IBM is a global company, employees arefacing difficulties in the various practices and standards in the other countries. As IBM wascharged by the officials of the bribing government and the commission of Securities andExchange, the company should file the report on the monthly basis in order to show their effortfor the avoidance of violations of the act of foreign corrupt practices. Therefore, the advantagefor IBM is trust and integrity among employees but sill the company is facing the issue inmaintaining the ethical system.An ethical system is very important in the organization as it helps in gaining competitiveadvantage and the business value with the minimum wastage of resources and money. Theethical system helps in developing the good reputation of a company. If the system in unethicalthen it will impact the company badly and the huge cost and the chances of theft of ideas andproducts will maximize. The ethical system in the business environment helps in maximizing theproductivity by doing the activities in an ethical manner. The ethical system helps in reducing therough attitude and behavior of employees towards their colleagues (Ciulla, J. B. 2014). Theethical system helps in increasing morality and regularity among the employees. Theorganizations also conduct the programs for managing the ethics. In the programs, the variousactivities are conducted in order to test the morality of the employees and are given trainingaccordingly in order to improve. Under this program, the ethical charter is created whichincludes the various attributes of the employees like honestly, faithfulness, secrecy,independence, integrity, consistence, etc. Further, these attributes are compared among theemployees, and this helps to identify the level of morality among the employees. Today, most ofthe organizations are focusing more on the management of the ethical system in order to improvetheir moral and legal responsibility. The ethical system impacts the decision-making a process ofthe company positively in order to satisfy the mission and vision of the company. The ethical
ORGANIZATION AND BUSINESS MANAGEMENT2system improves the relationship between the internal and external environment (Cohen et al.,2014). As a result, the employees and clients are treated faithfully.Therefore, the ethical system in the critical requirement for the organization and they shouldconsider the ethics as the social responsibility as they are obligated to it. Hence, the bestcompanies will grasp the opportunities which make ethic as a priority by developing relationalexpectations which will work effectively for everyone. The culture of value-based should becreated in the organization in order to develop the trust and integrity among the employees.2.Ethical Decision-Making ProcedureThe procedure of ethical decision making pertains to the process of appraising and selectingamong the given alternatives in an etiquette coherent with the principles of ethics. In ethicaldecision-making, it is important to sense and eradicate the various options which are unethicaland choose the best alternative which is ethical (Thiel et al., 2012).There are some attributeswhich are important in the process of ethical decision making like the commitment- the urge toperform the right and correct thing/job regardless of the incurred cost. Consciousness- theobservance to act or perform consistently and pertain the convictions of morality to the attitudeand behavior. Competency- the capacity to gather and evaluate the information, createalternatives and anticipate the potential risks and consequences. The decisions made by theorganization should be ethical and effective in order to survive in the competitive market for alonger period of time by satisfying the long-term strategic goals (Hartman et al., 2014).In order to support the evaluation of ethical decision-making process, being an individual, Iwould like to take an example of a manufacturing company where I worked for two months inorder to gain some experience. The company was following both ethical and unethical code ofconduct since the company came into existence. While I was working there, I found that thecompany is making new policies in order to follow the complete ethical code of conduct and theeradication of unethical activities. The company started the procedure of ethical decision makingin order to find the unethical issue and eradicate it. The steps of the ethical decision-makingprocedure were:Identification of the problem-
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