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Ethical Behavior in Managemment and Business

Ethical Behavior in Managemment and Business

Ethics is the term we give to our concern for good behavior. Its human nature to not only is concerned with our own personal well being, but also that of others and of human society as a whole. It is stated that ethics is a way of being human and if men and women had not identified their own welfare with that of others, then they probably would not have survived and developed (Ethics 5).

Business ethics is very similar to normal every day ethics in that it involves being fully aware of what we’re doing including the complications and consequences of our actions. Being aware of ethics in business requires us to be aware of two things. First, we have to have a need with complying with rules, such as laws, customs and expectations of the community, the principles of morality and the policies of the organization and such general concerns as the needs of others and fairness. Second, we should know how the products and services of the business, the actions of its members, could affect its employees, the community and the society as a whole, either positively or negatively (Ethics 5).

Good ethics means good business is the viewpoint of many businesses. Businesses and their managers take ethics seriously. They reason their way through ethical problems and acceptable solutions. Although there is always the reverse, where businesses give the appearance of success for long periods of time in spite of unethical practices. The news today is overloaded with stories of the fallen heroes and devastated businesses that ultimately result from deception and unethical solutions to the business’s problems (5). Many managers say that they run into ethical dilemmas because they are involved in relationships with people being employees, peers, and bosses with whom they have to work with and on whom they are dependent. The problem is complicated because these people have needs that are contrary to a business’s goals and competing needs. The manager is forced to either chose between the business or the person, being a peer or employee, and an unethical choice will affect the relationship of the other for years to come (Ethics 6).

Businesses themselves have several responsibilities many of them being ethical. First, they have the priority of making jobs (106). Once they...

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