Models for Business Ethics

Models for Business Ethics

Introduction

The models of business ethics are basically consist of three main components.

Expectations

Perceptions

Evaluations.

These components are linked with the five of the sub-components which are: expectations of society, values of the organization, outcomes, beliefs and norms evaluations and reconnections. These components are described separately; even the discussion will involve those models which are best for the health care issues.

Discussion

The first component is Society expectation of the citizens: from the study of the ancient societies the core values to any society were pride in own worth, a kind temper, feelings, truthfulness, friendliness, along with the sense to the justice (Martin, 2004). The expectations of the society changed with globalization. There perception of ethics and laws were also transformed with the change in modes and styles of the business methodologies. Societies expect more from the businesses environments rather expecting from the people. The societal expectations involve the ethical components of government legislations, lobby groups, the institutional responsibilities, social responsible managers and the professional associations. All of these components must be executed with the needs of the societal ethical requirements.

The norms and believes of the organization develops the perception towards the ethical formation within the business model. These perceptions are the ways through which the organization interacts or doesn't cooperate with society expectations in regard of the respect of the ethical behavior which provides own consequences to it. The organization must need to be aware of the impacts in many areas which are shown in model figure; these impacts have direct impacts on the success of the business (Wiley, 1995).

Being a society we mention profits for the organizations, if there found losses the society will watch out the reasons to these losses and do proper investigations under particular situations. Corporations are usually unaware of the processes it planned ...