Is Business Ethics” An Oxymoron?

Business Ethics reflect on the fundamental principles that form a particular company. Arnold, D.G. & N.E. Bowie, 2003, Sweatshops and Respect for Persons”, Business Ethics Quarterly, 13(2): 221-242. As in most real situations, the issues are cloudy and open to different interpretations. The term ‘corporate social responsibility’ is often used, and nowadays many companies have strong corporate social responsibility programmes designed to help create a prosperous, inclusive society.

These, among other unpopular business actions, fuel the public’s belief that the phrase business integrity is an oxymoron. In short, business ethics means to conduct business with a human touch in order to give welfare to the society. Integrity means being ethically unyielding and honest and inspiring trust by saying what we mean, matching our behaviors to our words and taking responsibility for our actions.business ethics

HCBE’s mission is to give leadership in the creation of organizational cultures that align effective business performance with ethical business conduct. Group orientation, or shudanshugi also plays an important role in modern Japanese business management practices.

The Ericsson Code of Business Ethics is an overview of our fundamental Group policies and directives, guiding Ericsson’s relationships among employees and with external stakeholders. For employees, this usually not only includes a review of the ethics program, but may also use a number of example ethical situations, where the employee, or prospective employee, is asked to state how they would handle the situation.

Also they would want to know about any decisions regarding being an ethical company that may cost a lot of money for the business. However, it is the responsibility of local management to ensure that Novo Nordisk’s direct-to-consumer communication provides patients with accurate, accessible and useful health information.business ethicsbusiness ethics