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Paper #097397 :: Business Ethics
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A discussion of the importance of good business ethics in today's corporate environment.

Written in 2007; 1,273 words; 10 sources; APA; $ 43.95

Paper Summary:

This paper examines the issue of corporate responsibility and the consequences of a lack ethics on today's business environment. The author attempts to define ethics and cites various studies which illustrate which ethical values people hold to be most important. The paper further discusses the intersection of ethics and sales. The author concludes by describing the relationship between ownership of values and ethical behavior.

Outline:
Introduction
Defining Ethics
Finding the Connection of Ethics and Performance
Alleviating Ethical Meltdowns
Summary

From the Paper:

"There are as many definitions of ethics as there are of academicians, researchers, and scholars studying the topic. To align ethics with a specific religion is erroneous; there are many religions in the world that embrace honesty and truthfulness, yet do not provide the impetus for followers to willingly select these ethical approaches to interacting with others. One scholar, Josephson (2001), suggests that ethics involve first the ability to discern right and wrong, and second, the commitment to do what is good and aligning with what ethical conduct is. Ethics then requires action to be undertaken; to be ethical is to act in a consistently transparent and honest way. Josephson (2001) is specifically referring to the values a person has as shaped by their cultural, economic, religious, spiritual and social interactions accumulated over their lives. Ethical choices, according to Josephson (2001), place an equal weight of the values of an individual and their choice of behaving ethically or not. In a study conducted at the Institute for Global Ethics (1996), 272 individuals were asked to identify the 5 values from a list of 15 that were most important to them. Researchers found that the value of truth was by far the most frequent choice. What also emerged were the top three values of truth, compassion, and responsibility. When individuals were asked to pick the most important value, compassion was far and away the greater one chosen. The research went on to show that this small set of core values that is cross-cultural and universal."

Tags: business ethics employee loyalty

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[FR] Ethique d'affaires