Reflective Statement: Business Ethics and Organizational Practices

This report presents a reflective analysis of a debate on business ethics, employing the Gibbs reflective cycle to dissect the topic. The report begins with a description of the debate's focus on ethical and unethical business practices, and the impact of social and legal issues on organizational objectives. The author then reflects on their feelings during the debate, highlighting strengths such as problem-solving and market analytical skills, while also identifying weaknesses like a lack of confidence and financial knowledge. The analysis phase emphasizes the importance of competitiveness and personal development, suggesting training and improved communication. The conclusion underscores the need for ethical considerations in common organizational practices and the potential negative impacts of neglecting corporate social responsibilities. An action plan is proposed, focusing on providing equal growth opportunities for employees to foster ethical behavior and achieve business objectives. The report references various academic sources to support its arguments.

TOPICAL DEBATE AND
REFLECTION

TABLE OF CONTENTS
LO4.............................................................................................................................................................3
Reflective statement................................................................................................................................3
REFERENCES............................................................................................................................................6

LO4
Reflective statement
According to Gibbs model it can be stated that it is systematic framework which
comprises description, feelings, evaluation, analysis, conclusion, and action plan. Each step of
this model helped me to understand each concept related to specified topic (Gibbs reflective
cycle, 2021). In my opinion debate on business of business is business was one of the most
interesting topic which basically held for giving deep insights about the organizational practices.
According to description step, I can say that the topic indicates all activities related to ethical
practices in deeper manner. It provides clarity about ethical and unethical business actions
which are conducted for accomplishing organizational objectives. I came to know that business
usually execute its process through making sure that its practices are beneficial in economical
manner. the particular subject matter gives me information that there are various social as well
legal issues occur in continuous process of entity (Dressler, Becker and Arthur, 2018). I
understood that these challenges are not visible in day to day practices of firm there for ignored
by company. In addition to this, I actually focused on knowing the situation which is not tangible
but largely influence the business processing that need to be addressed. i observed that the
ignorance regarding mentioned social and ethical causes are resulting in loses of growth
opportunities. In my opinion, neglecting responsibilities are giving on time development
opportunities but may harm their position to get economies of scale. Debate has given me
knowledge that many big organizations has understood the importance of specified subject
matter and have taken actions in respect to ethical strategies.
From the feeling part of Gibbs model it is identified that there are various strengths and
weakness which are important to address for getting proper knowledge. The skills that has
helped me to perform effectively in order to deliver my opinion in front of audience. It comprises
problem solving approach as it helped me to take consideration regarding various aspects which
are crucial in order to earn profit (Markkanen and et.al., 2020). I felt that businesses are
indulging into those courses of actions that are providing maximum profitability possibilities like
getting labor at cheap cost. It is exerted as having employees’ expenses lower increases higher
profit margin and according to me it is one of the main objective for carrying forward any related

process. Market analytical is another strength that aid me to recognize the concept behind
operating in abroad for expanding operational practices. I realized the essential purpose for
which business is going abroad is to obtain higher skilled and specialized labor for making
position in industry (Liu and et.al., 2019). Management skill assisted me to draw effective
framework with proper time limit in order to deliver my thoughts regarding the chosen topic. I
was able to make audience understand about my feelings at that point of time in positive manner
which aid me to grab attention. Having attention and becoming able to deliver my opinion in
effectual manner draw formalized outline for deciding which fact should be delivered to validate
my stated objectives.
I have evaluated that there is need to make improvement in some of my skills set to get
more effectiveness while speaking in front of people. The biggest constraint identified during
debate activity is lack of effectual pattern related to decision making. I evaluated there is as well
lacking of proper confidence as I was shivering while expressing my thoughts in against and
favor of participants. Threat has is highly require consideration for bringing improvement
includes financial knowledge to validate my articulated statement. I require adapting changing
circumstances skill in turn more proactive actions for solving specific issue can be exerted. The
competition is high in current era, so developing on threats to overcome and have positive
approach in turn positive approach for future performance can be derived. I determined there is
highly need of developing an effectual way for working on my lacking areas to beat cut throat
competition prevailing in present business environment (Yaacob and Asraf, 2021). The analysis
phase of this approach aids me to give emphasis on importance of developing competitiveness
for getting success in career. I can overcome these adverse qualities of mine through having
better focus on lower capabilities. In addition to this, indulging into training & development
practices held by corporate, debate sessions, improving communicational skills, etc can assist me
to have modification in specified subject matter. These mentioned action will draw significance
part that contribute in getting successive performance in terms of debate so higher consideration
to all aspect should be given. Taking part in more personal development programs can provide
me guidance to draw formalized structure and path for moving towards success. I came to know
that there should be more organized platform for giving chance to develop such set of skills in
turn better career opportunities can be obtained. I analyzed that there should be more strict

principles, standards and government laws to provide instructions regarding ethical activities to
make entity understandable about importance of same.
With help of debate the conclusion can be derived to me is that there are various common
organizational practices of companies which require attention in ethical perspective. Many
companies are performing unethical actions in their regular way of implementing process that
needs higher consideration in safeguard of employees. I can conclude in form that these will
negatively impact potential performance of firms in both domestic and international market. The
organizations are concentrating on only economical practice through neglecting their corporate
social responsibilities (Markkanen and et.al., 2020). Law and other regulation expects company
to act in limits for getting smooth functioning along with ethical practices related to its co
workers and customers. Action plan can be taken into practice for recovering this adverse
actions of organization as well strengthening their positive site to have more growth and
development opportunities. Providing equal opportunities for growth to labor is one of the
holistic approaches to solve unethical actions. It will boost morale and enthusiasm of employees
to share their full potential in order to achieve business objectives.

REFERENCES
Books and Journals
Dressler, R., Becker and Arthur, N., 2018. The cross-cultural reflective model for post-sojourn
debriefing. Reflective Practice. 19(4). pp.490-504.
Liu, M. and et.al., 2019, June. Evaluating machine learning approaches to classify pharmacy
students’ reflective statements. In International Conference on Artificial
Intelligence in Education (pp. 220-230). Springer, Cham.
Markkanen, P. and et.al., 2020. A reflective cycle: Understanding challenging situations in a
school setting. Educational Research. 62(1). pp.46-62.
Markkanen, P. and et.al., 2020. A reflective cycle: Understanding challenging situations in a
school setting. Educational Research. 62(1). pp.46-62.
Yaacob, A. and Asraf, M., 2021. Empowering Learners' Reflective Thinking through
Collaborative Reflective Learning. International Journal of Instruction.
14(1). pp.709-726.
Online
Gibbs reflective cycle. 2021. [Online] Available through: <
https://www.ed.ac.uk/reflection/reflectors-toolkit/reflecting-on-experience/
gibbs-reflective-cycle>