Perspectives On Business Ethics

The only way I can see to get away with calling it Organic is related to the second part of the definition. The Code of Business Ethics provides this detail through a series of action statements” associated with each core value that describe how we expect all employees and contractors to behave in relation to specific circumstances. They are generally meant to identify the company’s expectations of workers and to offer guidance on handling some of the more common ethical problems that might arise in the course of doing business.

I cannot presently conceive of a business in which people are not involved, and while a business might consist of only one person, that tends to be unusual. I don’t believe in them just because they’re the right way to behave – although of course, given the title of this blog, I do think the ethics of such behavior is important – but also because they’re the smart way to behave.business ethics

But business ethics also comprehends the laws and regulations that structure markets and organizations. When it comes to contracts, the business shouldn’t interpret them in an unreasonably technical or legalistic manner. Orts, E.W. & A. Strudler, 2002, The Ethical and Environmental Limits of Stakeholder Theory”, Business Ethics Quarterly, 12(2): 215-233.

As trade and commerce have expanded relentlessly throughout the ages, business orientated legislation has also grown exponentially beyond the basics of property ownership, taxation and theft. The degree to which this is acceptable or unacceptable to ethics is largely a matter of degree. Provides basic framework : Business ethics provide a basic framework for doing business.business ethics

In a short term, there are some perceivable advantages in the terms of profitability however these actions can serve to improve the business brand as well as an increase the profitability over the longer term. Yet, when other small business owners take advantage of their colleagues through the demonstration of unethical business core values, then everyone loses.business ethics