Ethical Theories and Professional Relationships: Case Study Report

This report examines the critical intersection of ethics and professional relationships within a business setting. The student analyzes a case study, applying two prominent ethical theories: Utilitarian Theory and Justice as Fairness. The report explores how these theories inform ethical decision-making and provides a reasoned judgment on the actions to be taken in the given scenario. The analysis considers the practical implications of maintaining ethical standards in business interactions, emphasizing the importance of honesty, fairness, and the impact of these principles on long-term organizational success and client relationships. The report concludes with recommendations based on the theoretical analysis, reinforcing the significance of ethical conduct for sustainable business practices. The report is a response to an assignment brief that required the application of ethical theories to a real-world case and is a good example of how Desklib provides solved assignments for students.

Running Head: ETHICS AND PROFESSIONAL RELATIONSHIP
Ethics and Professional Relationship
Name of the Student:
Name of the University;
Author Note:

1ETHICS AND PROFESSIONAL RELATIONSHIP
Executive Summary
The research report mainly focuses on the ethics and the professional relationship that
requires to be maintain within the organization as well as the client firm during the time of
need so that they can flourish in the marketplace in the near future. The report provides a
clear idea regarding the theories that can be implemented or can be look after by both the
parties so that they can expand in the marketplace and can achieve the success in the process.
Lastly, the report mainly focuses on the recommendation that what should be done by the
firm and why it is necessary for the organization is being explained in the conclusion so that
the organization can take up right decision and can achieve the success in the process.

2ETHICS AND PROFESSIONAL RELATIONSHIP
Table of Contents
Introduction................................................................................................................................3
Different Theories......................................................................................................................3
Recommendation........................................................................................................................5
Conclusion..................................................................................................................................6
References..................................................................................................................................7

3ETHICS AND PROFESSIONAL RELATIONSHIP
Introduction
Ethics and professional relationship go hand in hand in an organization. The firm in
order to maintain the professional relationship with the other partners that requires to be
ethically correct for the company so that they can flourish in the marketplace and can attain
the success in the process (Knapp et al., 2013). This is an essential factor for the organization
as it helps them to demonstrate its honesty as well as fairness and equality in the process and
along with that individual rights, dignity and diversity in it (Banks, 2016). Therefore, it can
be said that the organization requires to look after the matter so that they can become popular
in the marketplace and can lure the clients in the process.
The firm requires to look after the matter so that they can maintain a good relationship
with the clients in the marketplace and let them obtain the success that they are intending to
obtain from the marketplace (Parandavar, Rahmanian & Jahromi, 2016).
Different Theories
There are different theories that need to be look after by the firm so that they can
close the deal with the client and as the market condition as well as the economy is degrading
it is essential for the organization to look forward in the deal so that they can get the
investment and can start its operation from the beginning so that they can flourish in the
marketplace and can achieve the success in the process (Schneider, 2015). This is essential as
well as vital for the organization to expand marketplace and can gain the popularity in the
process. There are two theories that are relevant when we talk about the ethics and
professional relationship and they are:
 Utilitarian Theory: This theory mainly deals with the action that will provide
happiness and pleasure along with that rejects the unhappiness and harmful effect.

4ETHICS AND PROFESSIONAL RELATIONSHIP
This is essential to maintain the professional relationship as well as assist the
company to deal ethically with the client firm (Mill, 2016). This is crucial for the
organization to maintain the friendly and strong relationship with each other and
as the client company is offering money regarding the deal so it is essential for the
firm to understand that ethics and professionalism need to maintain so that the
goodwill of the company can be maintain in the process and can assist them to
achieve the success as they are going to start again in the marketplace (Lyons,
2015). Therefore, the company requires to maintain a strong bonding with the
client so that they can earn a huge market share and that can be set with the help
of the utilitarian theory in the process.
 Justice as Fairness: This theory is also relevant in this case as the client need to
be fair while providing the money to the company so that the professional
relationship can be maintain and the goodwill of the client firm can also be
maintained in the process (John, 2017). This is essential for the client to
understand as the company is selling its company to them due to the lack of
capital and the client should not take the advantage in the process and should
provide the firm with the appropriate amount of money so that the client can
showcase their sense of ethics in the marketplace. This will enable the client to
expand in the marketplace and to gain the prosperity in the marketplace. This need
to be understand by the client so that the firm cannot blame them in the future
regarding the low money that they have provided to the firm while it was in
trouble (Brosnan, 2013). This is also a crucial aspect that requires to be look after
by the client so that they can flourish in the marketplace and can achieve the
success in the process.

5ETHICS AND PROFESSIONAL RELATIONSHIP
Hence, it can be said that the firm requires to understand the theories that are there
regarding the ethics and the professional relationship in the marketplace. It is critical for the
organization as well as for the client firm to look into the matter so that both can maintain a
strong relationship and can achieve the target what they are willing to obtain in the process.
Therefore, this is necessary for the organization as well as for the client to understand and
above two theories are necessary for the growth of the client and the firm in the marketplace.
This will also enable them to generate revenue in the marketplace and let them gain the
popularity in the process.
Recommendation
As per the analysis, it can be recommended that in this case the company should
accept the deal that the client organization is providing currently. This is so as the firm
requires urgent cash in the market so that they can run its business in the marketplace. So, it
is necessary for the company to look upon the cash or the money that the client is providing
to them in the process, which will enable them to start from the base level and as the
company have already achieved target in the marketplace so it will be easy for them to attend
the same again in the marketplace. Therefore, it is advisable for the firm to take up the cash
that the client is providing to the organization so that they can start their operation again in
the marketplace and the goodwill of the firm will assist them to gain the popularity in the
marketplace and enable them to achieve the success in the process (Monteverde, 2014). The
firm requires to maintain as well as follow the ethics and the professionalism in the
marketplace so that they can again lure the consumers from the marketplace and let them
obtain the success in the process.
This is an essential and crucial factor that the organization need to understands and to
look after so that they can expand in the marketplace and can achieve the success by

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satisfying the clients which will be beneficial for them to attain the prosperity in the process
and let them achieve the success in the process. If the organization is maintaining the ethics
and the professional relationship in right way then the client will automatically become linear
towards the organization and will help them in every possible way so that they can expand in
the marketplace and can achieve the success in the marketplace. This requires to be
understood by the company as well as by the client with whom the company is dealing with
so that the professional relationship can be maintain in the process (Van Wart, 2013). Thus, it
can be said that the company requires to look after the matter in an efficient way possible and
should accept the deal so that they can satisfy its urgent need in the marketplace and can
sustain in the process, which is the priority of the organization in the marketplace during the
current situation so that they can generate revenue in the process and can achieve the success
in the future.
Conclusion
It can be inferred that the company requires to look after the ethics and professional
relationship and should accept the offer that is being made by the client organization. This
will enable the firm to eliminate the capital shortage that it is suffering in the marketplace and
assist them to achieve the success in the process. This decision will enable the company to
maintain good relationship and will also assist them to sustain in the marketplace when they
are suffering huge loss in the process. Thus, this need to be understood so the firm can
flourish in the marketplace and can achieve greater heights in the marketplace in the near
future.

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References
Banks, S. (2016). Everyday ethics in professional life: Social work as ethics work. Ethics and
Social Welfare, 10(1), 35-52.
Brosnan, S. F. (2013). Justice-and fairness-related behaviors in nonhuman
primates. Proceedings of the National Academy of Sciences, 110(Supplement 2),
10416-10423.
John, R. (2017). Justice as fairness. In Power, Authority, Justice, and Rights (pp. 192-218).
Routledge.
Knapp, S., Handelsman, M. M., Gottlieb, M. C., & VandeCreek, L. D. (2013). The dark side
of professional ethics. Professional Psychology: Research and Practice, 44(6), 371.
Lyons, D. (2015). Utilitarianism. Wiley Encyclopedia of Management, 1-4.
Mill, J. S. (2016). Utilitarianism. In Seven masterpieces of philosophy (pp. 337-383).
Routledge.
Monteverde, S. (2014). Undergraduate healthcare ethics education, moral resilience, and the
role of ethical theories. Nursing ethics, 21(4), 385-401.
Parandavar, N., Rahmanian, A., & Jahromi, Z. B. (2016). A study of the relationship between
nurses’ professional self-concept and professional ethics in hospitals affiliated to
Jahrom University of Medical Sciences, Iran. Global journal of health science, 8(4),
82.
Schneider, J. W. (2015). Null hypothesis significance tests. A mix-up of two different
theories: the basis for widespread confusion and numerous
misinterpretations. Scientometrics, 102(1), 411-432.

8ETHICS AND PROFESSIONAL RELATIONSHIP
Van Wart, M. (2013). Lessons from leadership theory and the contemporary challenges of
leaders. Public Administration Review, 73(4), 553-565.