Good Business Ethics Persuasive Essay by scribbler

Good Business Ethics
A look at the argument for the importance of good business ethics and the reasons for its promotion in the contemporary organizational and working environment.
# 152615 | 1,076 words | 5 sources | MLA | 2013 | US
Published on Apr 03, 2013 in Business (General) , Ethics (General)


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Description:

This paper discusses how in recent years many theorists and business leaders have begun to realize the importance of business ethics and how there is a growing perception that behaving ethically in business makes for good business sense and that it can in fact have a significant impact on the all-important profit margin. The paper attempts to understand what good business ethics are and their significance and contribution to the business world.

Outline:
Introduction
What are Good Business Ethics?
The Significance of Good Business Ethics
Conclusion

From the Paper:

"There are many studies which suggest that there is a link or between the ethical approach to business and positive and effective commercial outcomes. These studies find that good business ethics tend to be positively correlated with aspects such as job and life satisfaction, while being negatively related to stress, poor health and absenteeism (Prottas, 2008, p. 316). In essence this means that the application of good business ethics can provide the company with a positive business image and also have a positive influence on the workforce - such as a decline in the absenteeism rate.
" Research has also found that good business ethics tend to maximize profits, while at the same time providing a working environment that promotes harmony and productivity; "... ethical businesses tend to make much more profits than the others. The reason for this is that customers of businesses which follow ethics are loyal and satisfied with the services and product offerings of such businesses" (Importance of Business Ethics). This is a rather obvious point, as a company that deals honestly and fairly with its clients and customers will tend to be better supported than a company that is underhand and which has no business ethics."

Sample of Sources Used:

  • Ethics. Retrieved from http://www.utm.edu/research/iep/e/ethics.htm
  • Importance of Business Ethics. Retrieved from http://www.buzzle.com/articles/importance-of-business-ethics.html
  • Prottas D. J. ( 2008) Perceived Behavioral Integrity: Relationships with Employee Attitudes, Well-Being, and Absenteeism. Journal of Business Ethics, 81, pp.313-322.
  • Social Responsibility and Organizational Ethic. Retrieved from http://www.answers.com/topic/social-responsibility-and-organizational-ethics
  • What is Business Ethics? Retrieved from http://www.wisegeek.com/what-is-business-ethics.htm

Cite this Persuasive Essay:

APA Format

Good Business Ethics (2013, April 03) Retrieved March 31, 2020, from https://www.academon.com/persuasive-essay/good-business-ethics-152615/

MLA Format

"Good Business Ethics" 03 April 2013. Web. 31 March. 2020. <https://www.academon.com/persuasive-essay/good-business-ethics-152615/>

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