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Ethics and Sustainability: Assessment 2 Critical Review

   

Added on  2021-02-19

8 Pages2635 Words208 Views
Professional Development
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Sustainability and Ethics:Assessment 2 Critical Review
Ethics and Sustainability: Assessment 2 Critical Review_1

Table of ContentsINTRODUCTION...........................................................................................................................1Main Body.......................................................................................................................................11. Importance of ethics for building business decisions.............................................................12. Relevancy of ethics in business decision making of Apple....................................................23. Importance of ethics in respect of small businesses................................................................4CONCLUSION................................................................................................................................5.........................................................................................................................................................5
Ethics and Sustainability: Assessment 2 Critical Review_2

INTRODUCTIONEthics are moral principles which govern the behaviour of individuals in the performanceof any activity. There is huge importance of ethics in making appropriate decisions bydetermination of the ultimate value and standards of human action which help to ascertain thatthe same is ethically right or wrong. Sustainability is the term which defines constantperformance of the organisation over the period of time (Barry and Herkert,2015). This can beachieved only in the situation when able to apply ethical principles in organisational cultureproperly. Apple is an American multinational organisation having its operations worldwide. Thedifferent kind of offerings of this organisation includes computer software's, online service andconsumer electronics. The main objective of this report is about ascertainment of the contributionof the ethics in success and sustainability of an organisation.This report covers the importance and aid of ethics in making appropriate decisions,contribution of ethics in the success of Apple and its support in development of the smallorganisations. Main Body1. Importance of ethics for building business decisionsEthics is a philosophy which includes performance of different actions like defending,systematizing and recommending to ascertain that nature of conduct in form of right or wrong.Ethics includes the moral principles, values and norms which are fixed by the management of theorganisation to follow by the employees while performing their functions irrespective the natureof work. These will govern the behaviour of employees which has positive impact over theoverall organisational culture. This concept is much valuable for each type of organisationwhether small or large in nature. In MNC, the importance of the same is ascertain in the mannerthat this will provides an opportunity in removal of cultural differences and help to build positiveworking environment. Also, the other importance which was attached with the organisationeither be small or large is about high employee engagement and low labour turnover rate. Allthese beneficence help the organisation to improve their decision making and attainment ofdesired results which bring sustainability in future time period (Buil and et. al., 2016). The seven different principles are covered under the term of ethics which are needed tofollow to made ethical decisions. These seven principles are known as beneficence,1
Ethics and Sustainability: Assessment 2 Critical Review_3

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