Ethics and Moral issues in Business
Ethics and moral issues in today’s business society amongst mankind have been considered controversial. The decisions one has to make taking in to consideration moral and ethical stance is very hard when it comes to making business and personal decisions. [Ethics refers to a value belier or attitude about something ethical in general.] (Linda Klebe Trevino, Katherine A Nelson, 2007). Morals issues correlate with the ability one might have to help or harm oneself or others. In completion of this paper, you will have a understanding of the differences between moral and ethical issues, superseded by making clear popular ethical issues that arise in the business world.
The different association of ethics and morals can seem arbitrary to most but there is a basic subtle differential. Morals cover personal character, while ethics stress a ...view middle of the document...
Business ethics must override personal ethics for the greater good of upholding a justice system in which the accused are given a fair trial and the prosecution must prove guilt beyond a reasonable doubt. The prosecution and court must also deal with the difference between ethics and morals. In some cases past actions of the accused might resonate with the current charge, but are kept out of evidence so as not to prejudice the jury. In a sense, the prosecutor “lies by omission” in representing the case, never revealing the prejudicial evidence. The same prosecutor, however, would likely find it reprehensible to fail to tell a friend if her date had a potentially dangerous or suspect history.
Another area in which ethics and morals can clash is at the workplace where company ethics can play against personal morality. Corporate greed that blurs its own ethical lines coupled with unreasonable demands on time can lead to having to choose between a stressful, demanding and consuming work ethic, and family obligations seen as moral obligations to spouse and children. Conversely, people lose jobs every day because of poor personal morals, employee theft being a common reason for dismissal.
Finally, in society, we are all faced with the butting heads of ethics and morals. Abortion is legal and therefore medically ethical, while many people find it personally immoral. Fundamentalists, extremists, and even mainstream theists all have different ideas about morality that impact each of our lives, even if indirectly through social pressures or legal discrimination. We all have to find a medium between ethics and morals to come to conclusion in making relevant decisions in life.
Linda Klebe Trevino, Katherine A Nelson, (2007). Managing business ethics. Straight talk about how to do it right (4th ed.). New York, NY: John Wiley & Sons