Sustainability and Ethics in Business Organizations
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Added on Ā 2023/01/19
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This document discusses the relevance of ethics and sustainability in business organizations. It explores the impact of ethics on decision making and behavior, the implications of social and public pressure on ethical behavior, and ways to promote corporate responsibility. The document also includes references for further reading.
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SUSTAINABILITY AND ETHICS1 SUSTAINABILITY AND ETHICS By (name) Name of the course Tutorās name Name of the university The country and city where its located Date
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SUSTAINABILITY AND ETHICS2 Regulations, the law, and ethics in business Ethics in business organizations is professional conduct that is used in examining the moral values experienced within the company (Grace & Cohen,2015). In this sub-topic I learned business ethics are relevant to an individual's behavior and the whole business organization. The high standard of ethics in business calls for self and business to sound moral values. Ethics play a crucial role in any business organization to survive. For example, if a business organization makes its profits by misconducts like consumer fraud activities, then its life might be short-lived. Secondly, I learned embracing Law in business is useful in regulating its boundaries within the ready policies within the business environment. It's evident to me that the link between the business individuals and the state is under the regulations and rules that govern their operations. Theselawsoverwhelmlitigations,contracts,acquisitions,formation,commercialleasing, mergers, and consumers' protection. Regulations in a business organization entail the compliance with state, local statues and federal and other rules administered by the legislative institutions and conducted by the regulatory agency. Various regulations will affect how the business enterprises pay taxes, income, and disposal of excess waste products (Medeiros et al. 2017). For example, if I establish a business today in United states I should be to adhere to their patch work of the local, state and regulation federal meant to balance the interest of public and that of business organizations.
SUSTAINABILITY AND ETHICS3 Demonstrate an understanding of the organizational values that support ethical decision making. Business ethics has as well given me an opportunity to comprehend how the ethical decision are supported by the organizational values. For instance, organizations are able to develop concise, shared and transparent beliefs or values, directions, and priorities so that every employee can take part in making ethical decisions. Costs can affect every aspect of an institution (Ferrell, 2016). The organizational values play a significant role in describing major principles and ethics which the business institute should abide with. These values inspire the efforts made by the staff as well as constraining their decisions. The value of integrity is one of the organizational value that enhances ethical decision making. A business organization with a high level of integrity has a higher performance since it can retain and attract suppliers, investors, employees, and customers concerning (Schwepker & Schultz, 2015). Organizations with high integrity are unique in making their decisions since it plays a more significant part in permeating the aspect of theongoingoperationswithintheorganization.Avoidingdiscriminationisthenext organizational value that underpins ethical decision making. As a manager, perceptions in terms of race, age, disability, and gender should be avoided by rearranging the various kind of jobs to fit different groups in society. The business institution that shows any discrimination primarily when recruiting the employees will have a bad reputation in that particular country. Respect is as well the other value which should be embraced by an organization like a superior person; I should treat the employees with dignity (Karaosmanoglu, Altinigne & Isiksal, 2016).
SUSTAINABILITY AND ETHICS4 Evaluate the implications of social and public pressure for ethical behavior in organizations According to (Tian & Peterson, 2016) practices of ethics is influenced by various aspects like individual development as an ethical employee, ethics impacted by an organization through different standard procedures set by an organization to discourage specific unethical or ethical behavior. I believe a big percentage of my ethical behavior will be developed before getting into the organization. Some of these ethical behaviors can be acquired socially or publicly through school, church, family, and community. For instance, during the admission, the school attempted to match our right actions with values of the integral to professions in management. The school recognized my key values thus their main efforts is to input their moral characters in me. One of these ethical behaviors is discouraging cheating scandals during exams (Crane & Matten, 2016). Concerning the public pressure, individuals might be exposed to dishonesty behaviors which might change their moral character negatively. The social values mechanisms claim that if an individual observes the characteristics of other group members, there is a high likelihood of in taking part in unethical behaviors. Identify and respond to ethical dilemmas that threaten the organization and industry As an employee, ethical dilemmas might threaten my moral values especially when striking a balance between commitment to the family and work. Every person has some basic choices on whether to do a job or limiting the work to give our families the highest priorities. Business organizations always have insatiable needs for their employees in such that they will keep you engaged in case they note that you have a particular talent. secondly, is about going as per the crowd or being an individual who goes against the wrong side ofateam'sbehavior(Pearson,2017).Thisisconcerningthefactthatmanybusiness
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SUSTAINABILITY AND ETHICS5 organizations have a culture and set of practices among the work groups on how to do things. With no doubts, some of these norms are never attractive and could be illegal. Thus, as an employee, I have a right of choosing whether to adopt their behaviors or to do things on my own. The other decision is to maintain personal values and avoid individuals who violate the organizationās rules and regulations. Thirdly, it's when the leaders mislead which makes me feel betrayed by such organizational leaders. The ethics shown by these kinds of leaders are not exemplary regardless of their success in running the organizations. This is because the achievement made by the leaders does not give them a chance to break the regulations and rules of an organization. Promoteanorganizationāscorporateresponsibilitythroughvaluesinternallyandto stakeholders in the media. My position in the organization as a responsible manager requires detailed knowledge of the media and corporate responsibility.The topic of CSR (corporate social responsibility) helped me to understand the best way to achieve as a manager. One of the key aspects I have been able to acquire from this topic is on ways of promoting the CRS within and outside the organization through engaging the stakeholders. Such stakeholders are the employees, suppliers, debtholders, customers, and the community. Mostly, engaging the stakeholders will involve maintain an open dialogue with them. This act will form a good partnership and demonstrate my transparency as a business manager.One of the ways I will employ to promote the organizationās corporate responsibility is through the internet and social media (Chell, Spence, Perrini & Harris, 2016). Suppliers and customers are mostly the stakeholders on media. Therefore, through internet, the stakeholders who have computer skills will be able to access the information concerning general
SUSTAINABILITY AND ETHICS6 operations of the organization. Therefore, developing information technology and social network will allow me to share the information between the online stakeholders and the organizations.
SUSTAINABILITY AND ETHICS7 References Chell, E., Spence, L. J., Perrini, F., & Harris, J. D. (2016). Social entrepreneurship and business ethics: Does social equal ethical?.Journal of business ethics,133(4), 619-625. Crane,A.,&Matten,D.(2016).Businessethics:Managingcorporatecitizenshipand sustainability in the age of globalization. Oxford University Press. Ferrell, O. C. (2016). A framework for understanding organizational ethics. InBusiness ethics: New challenges for business schools and corporate leaders(pp. 15-29). Routledge. Grace, D., & Cohen, S. (2015). Business ethics. Oxford: Oxford University Press. ISBN: 9780195519549 Karaosmanoglu, E., Altinigne, N., & Isiksal, D. G. (2016). CSR motivation and customer extra- role behavior: Moderation of ethical corporate identity.Journal of Business Research, 69(10), 4161-4167. Medeiros, K. E., Watts, L. L., Mulhearn, T. J., Steele, L. M., Mumford, M. D., & Connelly, S. (2017). What is working, what is not, and what we need to know: A meta-analytic review of business ethics instruction.Journal of Academic Ethics,15(3), 245-275. Schwepker, C. H., & Schultz, R. J. (2015). Influence of the ethical servant leader and pleasant climate on customer value enhancing sales performance.Journal of Personal Selling & Sales Management,35(2), 93-107. Tian, Q., & Peterson, D. K. (2016). The effects of ethical pressure and power distance orientation on unethical proāorganizational behavior: the case of earnings management.Business Ethics: A European Review,25(2), 159-171.
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