When considering a given action, the roles in creating the situation seem to be little importance. Business ethics start with determining what the exact purpose of the business or company is. For example, a corporation has an ethical duty to secure the maximum return to its shareholders. So, ethics separate, good and bad, right and wrong, fair and unfair, moral and immoral and proper and improper human action.
For example, case studies are often presented in which an employee is faced with whether or not to lie, steal, cheat, abuse another, break terms of a contract, etc. We have a Code of Ethics available in English, Spanish, Chinese and Turkish for our employees and contractors located at our operations, sites and offices worldwide.
In fact, the Rio Olympics featured enough scandals and ethical dilemmas to keep a university Moral Issues course going for two full semesters. The fourth important aspect of Japanese business culture is based on regional competition, something that has existed in Japan since feudal times.
Business ethics can be examined from various perspectives, including the perspective of the employee, the commercial enterprise, and society as a whole. It might encourage business leaders to discover that their self-interest lies in a more enlightened approach to workers’ rights and acceptance of wider social responsibilities.
This includes a commitment to do all that we reasonably can to prevent all forms of modern slavery in any part of our own business and our supply chain. One way to think about business ethics is in terms of the moral obligations of agents engaged in business activity.… Read More