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Ethical And Moral Issue In Business

619 words - 3 pages

Ethical and Moral Issues in Business
MGT/216

Ethical and Moral Issues in Business
The purpose of this paper is to explain the difference between ethical issues and moral issues. Ethics are standards of behavior, which depending on a person’s profession must be adhered to such as legal, medical, or the workplace. Ethics dictate what socially acceptable behavior within a social system is and sets the standards for what is right and wrong. Examples of ethical issues are discrimination, sexual harassment, and conflicts of interest.
Morals refer to the understanding of what is right and wrong as well as what is just and fair and the actions taken. Morals define a person’s character and conform to social beliefs. Moral issues are one’s actions on those set standards. One may know that morally something is wrong but are considered to be ethical if one keeps their word or promise made. On the other ...view middle of the document...

For example, a person in the medical field, such as a doctor may morally believe strongly about an issue, such as abortion, and because of their beliefs think it is immoral regardless of the situation. However, because of the code of medical ethics that must be adhered to, the doctor must perform the abortion, risk losing their license, or might want to find another profession. Another example could be a lawyer that has a client who has admitted his guilt. Legal ethic codes forbid the lawyer from disclosing this to anyone, but morally the lawyer may want to tell because the client is guilty, thus creating an ethical dilemma for the lawyer.
Businesses today have policies in place, provide training and education, and have laws they must abide by to provide a fair and non- hostile working environment and yet they still experience ethical problems daily. One ethical issue at the core of the workplace is discrimination and harassment. This affects fairness by treating different people unequally, for example promoting a man because he is a man over a woman when the woman was more qualified.
Conflicts of interest can be both personal and professional when there is a compromise in one’s judgment and objectivity. The Hewlett-Packard Company CEO Mark Hurd was forced to leave the company after an investigation for sexual harassment and falsifying expense claims. Another example of a conflict of interest would be the Apple Manager who was charged with taking kickbacks in regard to IPhones and IPods.
Ethics and morals give a person the tools to do the right over wrong in their personal or professional life, however sometimes judgment can be clouded by temptations and surrounding circumstances. One must be conscious about decisions they make, the actions they take and reflect on them to ensure that they are making the right decisions.

References
DeGeorge, R.T. (2010). Business ethics (7th ed). Upper Saddle River, NJ: Prentice Hill
Trevino, L.K., & Nelson, K.A. (2007). Managing business ethics: Straight talk about how to do it
right (4th ed). Hoboken, NJ: John Wiley & Sons.

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