Ethics in Business
When taking about the subject of ?business ethic,? it may sound like an oxymoron. As Wartick & Wood assert, ?Business ethics is based upon some normative concepts about they way business should operate? (Wartick & Wood, 1998, p. 124). Since this day and age we are living in, business practices mostly seem to be publicized as unethical, the word ?should? that is emphasized in Wartick and Woods definition of business ethics stands out.
People tend to be more apt to uphold a higher code of ethics in a personal or societal context, as opposed to a business context. There is also the ever present ?what comes first, the chicken or the egg? rhetoric. Is it the responsibility of the people within the organization to uphold a code of ethics Since a corporation cannot enforce ethicality amongst its members since ethics themselves cannot be imposed on others, it is the organizations responsibility to find a way to ensure members fit into the code of ethics they promote or at least follow it when working within the organization.
Virtually all decision-making in the business setting is affected, either positively or negatively, by ethicality. All organizations are imbued
ethics, business, code, organization, organizations, ethical, within, wartick, since, personal, formal, wood, values, should, own, organizational, informal, individual, experience, ethicality, conflicts, way, uphold, responsibility, person, people, outside, one, occur, must, members, just, individualized, experiences, context
