The development of a code of ethics should be an inclusive and consultative dialogue/ process between all key stakeholders (i.e. leadership team, clients, suppliers, communities and employees) to determine how each interprets ethics and morality in order to find the closest applicable understanding that can be agreed on by most and understood by all concerned parties. Leadership alignment and agreement to remain consistent and credible role models of the type of ethical behaviour the organisation expects from all stakeholders. To understand the impact of leadership on the overall effectives of ethics training in an organisation, Smit, P.J., Cronje G.J., Brevis, T. and Vrba, M.J. (2011) argue that: The first and most important requirement for fostering a culture of good ethics in an organisation is leading by example…the chief executive officer and senior managers need to be openly and strongly committed to ethical conduct and should provide constant leadership in reinforcing ethical values in the organisation. They should communicate this commitment as often as possible in speeches, directives, and organisational publications. It is essential that their actions should set the example for ethical standards in their
The implementation and education of the ethical decision-making model promote moral awareness and company values that can mitigate ethical dilemmas to an extent. The aftermath was devastating for Wells Fargo not just economically but for its image. The corporation can introduce this model in training courses for new hires and current employees. Also ensuring management comprehends the prominence of ethical decisions and are aware that they are the wheels of the car, therefore, lead by example. If the corporation initially had prioritized ethical values and decision-making evaluations at every level of the business, this scandal could have been prevented at least its magnitude.
C., Fraedrich, J., & Ferrell, L. (2015).Business ethics: Ethical decision making & cases (10th ed.). Mason, OH: Cengage. O 'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New
One of those most challenging areas I have experience during my current placement is ethical decision-making. We studied many possible scenarios during our Values, Ethics and Professional Issues class, and discussed the various types of decision-making models to help guide us when having to make difficult decisions. While the class was invaluable, because it helped me identify my own biases, and also shed light on how I have made decisions in the past and how I can possibly make decisions in the future, I knew that having to make real-life decisions would not be so cut and dry. This placement has been challenging for me, because my ongoing assignment with one of my supervisors requires constant ethical decision-making, sometimes even in the
To what extent should personal religious beliefs impact our decisions about business ethics Personal religious beliefs should impact every business decision. As a believer in Christ, our lives are a testimony of Christ; therefore, as Paul instructs, “Whatever you do, in word or deed, do everything in the name of the Lord Jesus” (Col. 3:17 ESV). This instruction necessitates that the believer considers biblical principles in every business decision.
The Ethical Warrior is a concept that us as Marines try to be by our core values of Honor, Courage and Commitment. We are taught these by are Drill Instructors as soon as we stepped on those yellow footprints at boot camp and started our journey as Marines. We see the ethical warrior who instills these values in their daily life. Can our enemies be ethical warriors, I believe this to be true. Our enemies are ethical warriors due to having the same core values as Honor, Courage and Commitment.
Ethics plays an integral role in promoting the well being of individuals in the society. Early scholars, though with different perceptions of the idea, emphasized the need for an ethical based community or society. Each community has various ethical guidelines, which its members are supported to follow. The same actually applies for organizations, whether public or privately owned. This demonstrates that the idea of ethics is homogeneous and that provides the optimum level where behavior, whether individual or institutional, can be regarded as right and not in violation of societal norms or organizational expectations.
Reference: Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2015).Business ethics: Ethical decision making & cases (10th
This idea contradicts the ‘Christ against Business’ concept as it argues for a Christian to be involved in business in order to positively influence those around them. Third, ‘Christ above Business’ offers that business needs Christians in order to maintain ethics and integrity. In this view, it is the responsibility of the Christian leader to keep Christian ethics at the forefront of the business model, allowing Christians to succeed in business while aiding in establishing a culture of honesty and integrity. The ‘Christ and Business in Paradox’ paradigm sees the relationship between Christians and Business as one that requires compromises in order to overcome the struggles that surface between the different world views.
Analyse the importance of Christian ethical teachings in the life of Adherents worldwide. Christian ethical teachings are important to the life of Adherents worldwide. As a religion Christianity is fundamentally obligated to account for its Adherents actions and behaviour. Through a systematic understanding of what is ethically and morally correct Christianity has devised ethical guidelines from which Adherents could follow as a metaphorical moral compass.
A registered nurse is responsible for assessing patients needs and health care problems. They manage and implement the patients care plan. They educate their patients and provide support to their families. For the same reasons, healthcare professional are required to follow a legal legislature also known as a scope of practice. The Scope of Practice is a description of procedures, actions, and practices that a healthcare professional is allowed to take upon within the conditions of their professional license. A registered nurse accepts responsibility for practicing within the legal scope of practice and in agreement with the federal, state, and local laws. There is also the code of ethics a set of guidelines for implementing a nursing professional
This statement is supported by Bennett (2014) wherein ethics clearly defines what is the right and wrong things and shapes what kind of behavior the business should act on. For the sense of business according to Joseph (2013), ethics are constructed and decided by each business and underpins decision that an employee makes. When it comes to the business’ environment, a well-constructed ethics is a key for a considerate and responsible decision making in a business (Bennett, 2014). Business Ethics is very important inside the company, it will show the moral standards that a company or business have whether it is right or wrong and good or bad.
Religious liberty, right to bear arms, and freedom of speech are three very important values that should be upheld in America. Many freedoms that America holds are often taken for granted. America was founded on biblical and ethical values but today those values are being challenged and are slowly being compromised. Americas founders fought to make America a free country. They also formed values to live by, these values should be taken seriously and should never be forgotten.
Virtue ethics started drawing attention since the modern ethics exposed its limitation and reconsideration about the priority was needed. Contemporary ethics focus on “What we should do”, instead of “What kind of person we should do”. In consequence, the moral codes in modern era solely emphasizes moral duty and rules, while neglecting personality and character of individuals. Virtue ethics support the traditional criterion that consider moral virtue and personality of individuals as important. The virtue of good engineer includes creativity, good understanding of culture, morality, and capability of communication. In utilitarian and Kantian view of ethics, such virtuous values are not taken into consideration. This short paper suggests how future engineers should apply the virtues and excellences in their fields and why virtuous engineers are more likely to contribute to society and make it better.
Ethical issues in accounting and finance. Summary This task analysis the issue of ethics in accounting and finance as discussed in the International Journal of accounting and finance. Currently, ethics of any firm is an important topic due to the numerous scandals that have taken place in different countries which have resulted in damage to the economy and society.