University Business Ethics and Ethical Dilemma Homework Solution

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Homework Assignment
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This document presents a comprehensive solution to a business ethics assignment, addressing key concepts such as professional roles, moral obligations, and ethical dilemmas in organizational settings. The assignment explores the differences between textbook definitions of professionals and real-world scenarios, providing examples of professionals and those who do not fit the definition. It delves into the moral obligations of professionals, including adherence to laws, promises, and personal moral principles. The document also examines the ethics of an organization, the concept of informed consent, and the impact of organizational ethics on maintaining a positive industry image. The assignment includes examples of ethical dilemmas, such as choosing between ethical and unethical approaches to secure business tenders, and emphasizes the importance of ethical practices in fostering positive relationships and managing legal issues. The solution is supported by relevant academic references.
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Running head: BUSINESS ETHICS AND ETHICAL DILEMMA
BUSINESS ETHICS AND ETHICAL DILEMMA
Name of the Student
Name of the University
Author Note
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1BUSINESS ETHICS AND ETHICAL DILEMMA
Question 1
A professional can be defined as the member of a specific professional organization
or any kind of professional activity. The term professional also refers to the level of the
qualification of the particular individual and the training that he possesses. The training
received by the particular professional helps him to become suitable to be the member of any
particular professional organization. The skills and the knowledge acquired by the
professional is important to help him perform the particular role in the organization for which
he has been hired (Leighton, 2015).
Question 2
The definition of a professional that is provided in the textbooks is different from
what is observed in the real life. According to the definition of the textbook, the professional
acquires the knowledge required for his particular job and is then appointed for that particular
role. However, in the real life scenario sometimes the professional who is hired based on his
qualifications may not have the proper knowledge of the subject, on the other hand the person
without the qualification may have the in-depth knowledge of the subject. The professional
may also have to develop his skills during the job process itself (McFarlane, 2013).
Question 3
The two examples of a professional are, The Human Resource Manager of a
company. The HR Manager of a company is selected based on the skills and the knowledge
acquired by that particular person and his qualifications as well. The Marketing Manager of a
company is also a professional as per the definition and he is also selected by the company
based on his qualifications. The two types of professionals who do not relate to the definition
are, the home tutors and the businessmen who own a small business. These two types of
professionals do not fit to the definition, however, in real life they also considered as
professionals (Michaelson et al., 2014).
Question 4
The professionals have certain obligations as discussed below,
Moral obligations related to the laws – The professional of an organization need to
follow certain laws that are related to the organization of which they are a part. The ethical
standards of the company are decided by these laws.
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2BUSINESS ETHICS AND ETHICAL DILEMMA
Moral obligations related to the promise – The promise or the agreement made by a
professional with the organization of which he is a part is another moral obligation of a
professional.
Moral Principles of the professional – The professional’s own morals which is not
related to any agreements or laws is another moral obligation (Nicolăescu, 2013).
Question 5
The professionals of an organization need to abide by the moral obligations that are
discussed in the above answer. The duty that the professional has regarding the organization
is a moral obligation in itself. The expectations and the obligations of the company towards
the professional is raised due to the duty that the professional has towards the organization.
The laws of the organization, the agreements made by the organization with the professional
are the obligations from the organization’s point of view and the professional’s personal
values are the obligations from his own point of view (Ogbari et al., 2016).
Question 6
The ethics of an organization is related to the relationship between the organization
and the employees. The ways to develop the conscience of the employees, the courage
required to analyse difficult situations, the acceptance of the cost related to the decisions and
the actions taken by the employees. The way by which the person can stand by the decisions
made by him. The ethics of a person helps the person to create a harmonious relationship
with the others in the organization. The dilemma occurs when the person faces difficulty
while choosing between the options available to him regarding a particular problem (Sroka &
Lőrinczy, 2015).
Question 7
The example of dilemma with respect to an organization can be as discussed further.
A person has the choice between taking a shortcut and get the tender for his company with
the help of recommendations from influential people or he can fight for the tender in an
ethical manner.
Question 8
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3BUSINESS ETHICS AND ETHICAL DILEMMA
Informed consent can be defined as the way by which the consent for a particular
activity is given after the facts related to the decision are fully disclosed before the concerned
person. The person can thereby measure the advantages and the disadvantages related to the
decision taken by him regarding the particular situation (Trevino & Nelson, 2016).
Question 9
The employee who abides by the rules and the regulations of the organization may not
have been given informed consent when the organization has not disclosed all the policies
related to the operations of the company. The employee has made the agreement based on the
provided information, however, the problem occurs when new set of information is disclosed
(Verma, 2013).
Question 10
The ethics related to a particular organization helps the organization to maintain a
positive image in the industry to which it is related. The legal issues related to the company
are also based on the ethics of the organization. The relationship of the organization with the
others and the employee turnover is related to the strong ethics of the organization
(Nicolăescu, 2013).
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4BUSINESS ETHICS AND ETHICAL DILEMMA
References
Leighton, P. (2015). Independent professionals: legal issues and challenges. International
Review of Entrepreneurship, 13(2), 81-92.
McFarlane, D. A. (2013). The importance of business ethics to small
ventures. Entrepreneurship and Innovation Management Journal, 1(1), 50-
59.
Michaelson, C., Pratt, M. G., Grant, A. M., & Dunn, C. P. (2014). Meaningful work:
Connecting business ethics and organization studies. Journal of Business
Ethics, 121(1), 77-90.
Nicolăescu, E. (2013). Business ethics, corporate governance, and social
responsibility. Journal of Self-Governance and Management
Economics, 1(1), 86-92.
Ogbari, M. E., Oke, A. O., Ibukunoluwa, A. A., Ajagbe, M. A., & Ologbo, A. C. (2016).
Entrepreneurship and Business Ethics: Implications on Corporate
Performance. International Journal of Economics and Financial
Issues, 6(3S).
Sroka, W., & Lőrinczy, M. (2015). The perception of ethics in business: Analysis of research
results. Procedia Economics and Finance, 34, 156-163.
Trevino, L. K., & Nelson, K. A. (2016). Managing business ethics: Straight talk about how
to do it right. John Wiley & Sons.
Verma, A. (2013). Role of Ethics in Business Scenario. Indian Journal of Research, 7, 1-5.
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