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The paper discusses how whistleblowers who reveal business' ethics violations can often suffer consequences and also explains the importance of a uniform code of ethics for all the branches of a company. The paper then looks at a retired executive from Hewlett-Packard's four lessons on building a moral business foundation in a global economy. The paper concludes by questioning whether schools and universities are doing enough to emphasize business ethics in their curricula and emphasizing the ever increasing role ethics plays in our businesses.
From the Paper:"According to Wikipedia, business ethics is a form of applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment. There seems to be a common misunderstanding regarding the perception of business ethics to the typical businessperson amidst the increasingly conscience-focused marketplaces in which we work today. A great deal of data and research concerning ethics tend to be shifting away from ethical vs. unethical case studies, but instead are now focusing on the broad scope of ethics and exactly which areas of business are frequently disregarded as ethical gray areas as well as the consequences of doing 'the right thing' by reporting potential ethical dilemmas. Global ethics also remains a constant fixture among recent research concerning whether or not to apply a standard code of ethics in companies that have facilities in other countries and cultures. In recent years, we have been exposed to companies such as Enron and WorldCom as the beaming examples of how to be unethical. Since the downfalls or Enron and WorldCom, are colleges and universities throughout the United States and around the world dedicating enough of their curricula toward ethics?"
Sample of Sources Used:
- "Business Ethics." Wikipedia. 2 December 2008.
- George, Bill. "Ethics Must Be Global, Not Local." Business Week. 12 February2008.<http://www.businessweek.com/managing/content/feb2008/ca20080212_394828.htm>
- Gogoi, Paliavi. "The Trouble With Business Ethics." Business Week. 22 June2007.<http://www.businessweek.com/bwdaily/dnflash/content/jun2007/db20070622_221291.htm>
- Krehmeyer, Dean. "Teaching Business Ethics: A Critical Need." BusinessWeek. 25 October 2007. <http://www.businessweek.com/bschools/Content/oct2007/bs20071025_096141.htm>
- Novia, Jack. "Global Ethics 101." Business Week. 24 June 2008. <http://www.businessweek.com/technology/content/jun2008/tc20080624_622859.htm
Cite this Term Paper:
Business Ethics (2010, March 21) Retrieved October 25, 2014, from http://www.academon.com/term-paper/business-ethics-118968/
"Business Ethics" 21 March 2010. Web. 25 October. 2014. <http://www.academon.com/term-paper/business-ethics-118968/>