Personal thoughts about Managing Business Ethics

Personal thoughts about Managing Business Ethics

Introduction

Nowadays in every business organization around the word, we hear about the importance of ethical behavior, but most importantly we listen about the code of ethics which define and make obligatory the respect of ethical behavior.

Ethics can be defined as moral values and principles. It is a decision of choosing the right among wrong and right. Managing Business are that functions which leads to choosing right decision at the right time which leads for the welfare of not only business owners but also society, consumers, stakeholders and its employees. Business Ethics management now days have become so important that no business can survive in the market without following them.

Discussion

Good management in business ethics should be a part of every business. There are many factors to consider. When a company does business with another that is considered unethical, does this make the first company unethical by association? Some people would say yes, the first business has a responsibility and it is now a link in the chain of unethical businesses.

One of the ethical fields most discussed this day is that in business. Managing Business Ethics are the shared values of a business organization that can act as measurement for the behavior of the members of that organization which therefore, can be considered approvable or not. Ethics in business plays an important role in preserving the rights of all the entities related with a certain company or entrepreneur. For instance, it prepares better and creates moral managers, which from the other side these managers have distinct and exemplary attitude with stockholders and employees. Furthermore, moral managers treat stockholders equally and with the same fairness and honesty as they would treat their shareholders. Most importantly moral managers not only make sure that the code of ethics is implemented in every field of the company, but they enhance its development. In relation with their employee, moral managers treat them fairly and with dignity and they respect employee rights, liberty and ethical choices. Also, moral managers have high regard for customers; they introduce them safe and legal products with a reasonable price by not tricking them (Ishmael, 2005).

So for a successful business one area that should get top priority is ethics, because it helps in facilitating the path for achieving organizational goals. Since, in most operations in a business, these days are run by personal computers it's needed to be explained the IT ethics in organization. IT ethics these days deal with a range of additional issues (beside that of the use of PC) together with copyrights, computer law, anti cyber piracy etc. What is to be underline is that the main goal of IT ethics is the incorporation of human principles in the development process of technologies. Needles to say that even in the IT ethics there are born some management issues. For instance in a business managers through the IT may have a huge amount of information regarding their employee, which from a third ...