ethics

Examples of ethics in the following topics:

• Defining Ethics

  • Ethics are the set of moral principles that guide a person's behavior.
  • Ethics are the set of moral principles that guide a person's behavior.
  • The phrases business ethics and corporate ethics are often used to describe the application of ethical values to business activities.
  • Ethics applies to all aspects of conduct and is relevant to the actions of individuals, groups, and organizations.
  • In addition to individual ethics and corporate ethics there are professional ethics.

• Training Ethical Decision Making

  • Organizations use compliance and ethics programs to demonstrate and reinforce their commitment to ethical practices.
  • On a more practical level, a compliance and ethics program supports the organization's business objectives, identifies the boundaries of legal and ethical behavior, and establishes a system to alert management when the organization is getting close to (or crossing) a legal or ethical boundary.
  • Most ethics training focuses on clarifying and communicating an organization's ethical code so employees understand what is expected.
  • Some ethics training will also cover the resources available to help employees when they face an ethical dilemma or suspect that someone in the organization has made an ethical breach.
  • In every type of business, ethics are needed to keep business standards high.

• Moral Principles in Management

  • Business ethics deals with the beliefs and principles that guide management decisions.
  • Business ethics (also corporate or professional ethics) is a form of applied ethics that examines the principles and moral beliefs that guide management decisions.
  • This person ensures their organization has statements of ethical principals, clear guideline about acceptable and unacceptable practices, and means of reporting ethical breaches.
  • Availability for advice on ethical situations (i.e., advice lines or offices)
  • Good leaders strive to create a better and more ethical organization.

• Managers Role in Ethical Conduct

  • Managers are responsible for upholding the ethical code and helping others to do so as well.
  • Lastly, managers make themselves available as a resource to counsel and assist employees who face ethical dilemmas or who suspect an ethical breach.
  • Of course, managers are responsible for upholding ethical standards in their own actions and decisions.
  • In addition to following the organization's ethical code, managers may be obligated to follow a separate professional code of ethics, depending on their role, responsibilities, and training.
  • The manager has an important role in maintaining ethical conduct in a firm, but a firm's ethics cannot simply be based on a "manager to the rescue" approach.

• Codes of Conduct

  • As part of comprehensive compliance and ethics programs, many companies formulate policies pertaining to the ethical conduct of employees.
  • There are three types of ethical codes: codes of business ethics, codes of conduct for employees, and codes of professional practice.
  • A code of business ethics often focuses on social issues.
  • The effectiveness of such codes of ethics depends on the extent to which management supports and enforces them.
  • State the importance of utilizing a code of conduct to outline and maintain ethical business standards within an organization

• Applying the Ethical Decision Tree

  • Decision trees are useful analytic tools for considering the ethical dimensions of a decision.
  • Ethics are moral principles that guide a person's behavior.
  • All decisions have an ethical or moral dimension for a simple reason—they have an effect on others.
  • Decision trees can be applied to ethical matters as well.
  • Define the concept of a decision tree as it applies to the ethical dimensions of a decision.

• Blurring Ethical Lines

  • Law and ethics are not the same thing.
  • In organizations, employees can look to the code of ethics or the statement of values for guidance about how to handle ethical gray areas.
  • The same goes with ethical decisions.
  • They had the opportunity to be ethical but chose not to be.
  • Analyze the gray areas of ethical expectations within the context of corporate decision making and ethical business practice

• Ethical Decision Making

  • Ethics are moral principles that guide a person's behavior.
  • All decisions have an ethical or moral dimension for a simple reason—they have an effect on others.
  • Sometimes ethical decisions involve choosing not between good and bad, but between good and better or between bad and worse.
  • Making ethical decisions also involves choice about who should be involved in the process and how the decision should be made.
  • Identify the elements of decision making that are directly affected by ethical considerations and social expectations

• Ethics in Organizational Communications

  • Organizational ethics is interdependent with the organizational culture.
  • Strong organizational ethics can inspire both customer and employee loyalty.
  • Effectively communicating ethical norms is key to realizing these benefits.
  • Commonly used tools include codes of ethics and employee handbooks.
  • The Enron and WorldCom scandals were two corporate downfalls due to ethical failings.

• Issues in Marketing

  • A company must have ethical marketing policies to guide their pricing, advertising, research, and competitive strategies.
  • Each facet of marketing has ethical danger points as discussed below.
  • Some ethical problems in market research are the invasion of privacy and stereotyping.
  • However, if conducted irresponsibly, stereotyping can lead to a variety of ethically undesirable results.
  • Electronic spam and telemarketing push the borders of ethics and legality more strongly.