Business Ethics (2)

You will become familiar with the course, your classmates, and our learning environment. If any company does shady business you can be sure it starts at the top and filters down because the president is the one who sets the example for the actions of the entire company. What ascribing agency and responsibility to firms enables us to do, according to Hasnas, is blame and punish them. It specifies the basic norms and behaviours for those conducting business on our behalf.business ethics

The problem here is not the opportunity for enrichment; the problem is that the responsibility to put someone else’s interests first, to do what’s right for them is in jeopardy. One’s moral values and central, value-related attitudes clearly influence his or her business behavior. Issues like capitalism, regulation of business also are related to systemic ethics.business ethicsbusiness ethics

A famous case study describes how the Nestlé Corporation marketed its infant formula in parts of Africa by hiring nurses in local clinics to recommend formula over breast feeding. The decision is still rational, and it is practical, but the lack of benefit or detriment to another party makes it of negligible interest to ethics. It only makes good business sense to respect and actively listen while providing value and quality service so that he or she becomes a client.

Similar examples abound, such as pollution in Nigerian oil fields, worker exploitation in Southeast Asia sweat shops, and bribery around the world. It also underscores Accenture’s commitment to ethical business practices that help ensure long-term value to key stakeholders including clients, employees, business partners, suppliers and shareholders. Their emphasis on case studies helps to make one aware of the potential consequences of one’s actions.

Avanade’s Ethics and Compliance team offers training, counsel, investigation support and management for a variety of ethics and compliance-related issues. That is to say that a first-level priority of one party (their immediate need) is at best a third-level priority when the consequences to them is made by someone else (presuming they value their social connection to another party). Business is too powerful for us to leave our humanity at the door of the office.