Business Ethics in Todays Corporate World Essay -- Business Morals Et

Business Ethics in Today's Corporate World Business ethics is part of today’s society whether you like it or not. There are many things happening in today’s corporate world that needs to be opinioned. Are ethical judgments merely a matter of personal opinion? Yes because we live in a free society I think that most ethical judgments are based on a matter of what you believe in. Everyone has the right to think differently. There will also be similarities and differences in your ethical point of view because of religion, race, and education but I don’t think it will be much different than someone else’s opinion if it all comes down to these factors. I also think that personal opinion can be attributed to how sensitive the topic is. For example same sex marriage is a very sensitive issue as well as abortion. When you look at the news and see corporate giants like Enron and WorldCom a question mark comes to my mind. I ask my self what happened to the conscience of the people making decisions in the corporate offices. I believe that a lot of the decisions are made because of self-interest. These executives were looking out for themselves and forgot about the shareholders of the company, which are equally important because they own part of the corporation. That is why we are seeing all of these corporate scandals on the news today! Ask yourself if you think what Microsoft did was ethical. When you think about Microsoft’s antitrust case it reminds you of a corporate giant that makes decisions in their self-interest. They didn’t care if they were hurting another company. The company that was most hurt from these illegal business practices was Netscape. Microsoft wanted to eliminate its competitors by performing business practices that would hurt other companies in its market segment. We all know what happens when there is no competition? Companies raise prices because of the law of supply and demand. I guess it’s all about competition. If a corporation doesn’t have good bu siness ethics would it be a good idea for that company to do good works in the community? I would say no because if the executives that run the company have no integrity whatsoever to make decisions in their company what makes you think that they are going to care about the community in which they are suppose to volunteer in. The image of a company is very important and if the c... ...nies need to be more careful in selecting or hiring employees. This will decrease the discharging of employees for no reason. If I was an executive I would like to have the freedom to do whatever it takes to make the business succeed. If it comes to firing someone that has done something wrong then I would sit down with that person and explain to the individual the wrongdoing. The companies that follow the principle of the EAW believe that if they own the company and manage it then they have the power do what they want. I don’t have a problem with that, but is it morally wrong to fire someone because they have done nothing wrong. This is were I disagree with the company. Companies should be able to do whatever they want with there business as long as they follow rules and regulations. They need to consider that people have feelings and when you are making a decision that is going to affect someone you need to let them know why it happened. If the person fired has a family and you are discharging them for no reason you also have to think about that this person has a family and that the company has a say whether this person will make a living while he or she looks for another job. Business Ethics in Today's Corporate World Essay -- Business Morals Et Business Ethics in Today's Corporate World Business ethics is part of today’s society whether you like it or not. There are many things happening in today’s corporate world that needs to be opinioned. Are ethical judgments merely a matter of personal opinion? Yes because we live in a free society I think that most ethical judgments are based on a matter of what you believe in. Everyone has the right to think differently. There will also be similarities and differences in your ethical point of view because of religion, race, and education but I don’t think it will be much different than someone else’s opinion if it all comes down to these factors. I also think that personal opinion can be attributed to how sensitive the topic is. For example same sex marriage is a very sensitive issue as well as abortion. When you look at the news and see corporate giants like Enron and WorldCom a question mark comes to my mind. I ask my self what happened to the conscience of the people making decisions in the corporate offices. I believe that a lot of the decisions are made because of self-interest. These executives were looking out for themselves and forgot about the shareholders of the company, which are equally important because they own part of the corporation. That is why we are seeing all of these corporate scandals on the news today! Ask yourself if you think what Microsoft did was ethical. When you think about Microsoft’s antitrust case it reminds you of a corporate giant that makes decisions in their self-interest. They didn’t care if they were hurting another company. The company that was most hurt from these illegal business practices was Netscape. Microsoft wanted to eliminate its competitors by performing business practices that would hurt other companies in its market segment. We all know what happens when there is no competition? Companies raise prices because of the law of supply and demand. I guess it’s all about competition. If a corporation doesn’t have good bu siness ethics would it be a good idea for that company to do good works in the community? I would say no because if the executives that run the company have no integrity whatsoever to make decisions in their company what makes you think that they are going to care about the community in which they are suppose to volunteer in. The image of a company is very important and if the c... ...nies need to be more careful in selecting or hiring employees. This will decrease the discharging of employees for no reason. If I was an executive I would like to have the freedom to do whatever it takes to make the business succeed. If it comes to firing someone that has done something wrong then I would sit down with that person and explain to the individual the wrongdoing. The companies that follow the principle of the EAW believe that if they own the company and manage it then they have the power do what they want. I don’t have a problem with that, but is it morally wrong to fire someone because they have done nothing wrong. This is were I disagree with the company. Companies should be able to do whatever they want with there business as long as they follow rules and regulations. They need to consider that people have feelings and when you are making a decision that is going to affect someone you need to let them know why it happened. If the person fired has a family and you are discharging them for no reason you also have to think about that this person has a family and that the company has a say whether this person will make a living while he or she looks for another job.