Sustainability and Ethics

Sustainability and Ethics 0
Title: Sustainability and Ethics
Assignment Name:
Student Name:
Course Name and Number:
Professor:
Date:

Sustainability and Ethics 1
Executive Summary
The manners in which ethics in business decisions prove to be important become quite apparent
when the various advantages are scrutinized and investigated. While executing the decision-
making session’s authorities in the organization must always try to adopt an ethical standpoint in
order to avoid backlashes and a bad reputation in the community. Unethical practices can easily
ensure the downfall of an organization and there will be an absence of investors and customers as
well. The stakeholders of the company will also remain dissatisfied to a great extent if personal
gains or short-term profits are given the highest forms of attention as opposed to ethical
practices. In order to prevent the long-term hazards managers and authorities should always try
to initiate better decision-making models by ensuring the highest grounds of transparency and
trust at the same time as well. Here the importance of ethics in business decision-making
sessions have been highlighted and the importance of ethics in the company of Microsoft have
also been stated precisely. Small organizations currently booming in the market also pay
attention to ethics while dealing with various strategies because they cannot risk the long-term
effects or possible dangers.

Sustainability and Ethics 2
Table of Contents
Introduction......................................................................................................................................3
Relevancy of Ethics for Business Decisions (Literature Review)...................................................3
Importance of Ethics for Business Decisions in Microsoft.............................................................6
Why Ethics is Relevant for Small Businesses.................................................................................7
Conclusion.......................................................................................................................................8
References......................................................................................................................................10

Sustainability and Ethics 3
Introduction
Ethics lays high grounds of concern on an individual’s moral judgments about what is
right or wrong while executing decisions in an organization. The decision-makers in a company
must always be influenced by the culture and organizational policies that define acceptable mode
of conduct and behavior at the same time as well. If business decisions are approached with the
highest grounds of ethics then the reputation of the organization can increase staggeringly and
the right course of action can always be taken regardless of the situation. Authorities might have
to reject a particular route that could lead to a short-term profit if the steps and the methods turn
out to be completely unethical in a situation. A lot of benefits can be enjoyed when business
decisions focus on the grounds of ethics. Customers get attracted to the firm’s products and this
is the reason why there arrives a staggering amount of boost in sales and profit. Ethical decisions
made in a company can also make the employees want to stay with the business for a longer
period of time and this is the reason why labor turnover gets reduced extensively.
Relevancy of Ethics for Business Decisions (Literature Review)
Ethics have high importance whenever business decisions must be taken because they can
define the stability of the organization and its reputation at the same time as well in various
circumstances. According to Barry (2016), when businesses take ethical decisions, the authorities
and the executive members put personal gains and short-term profits aside in order to take part in
the greater good (Barry, 2016). Such attitudes and practices can easily attract more employees
towards the company and the recruitment costs can also get reduced to a great extent. In the
words of Bell et al. (2018), the ethical practices in the decision-making sessions usually turn out
to be customer centric and managers stand capable of paying attention to all the domains in an
equal manner (Bell et al. 2018). It can be impossible to take a self-centered decision for financial