Business Ethics

Definition business ethics

Business ethics is a branch of ethics that examines ethical rules and principle within a commercial context, the various morals or ethical problems that can arise in a business setting, and any special duties or obligation that apply to persons engaged in commerce.

It is about identifying and implementing standards of conduct that will ensure that, at minimum level, business does not detrimentally impact on the interests of its stakeholders.

Oxymoron Definition 

Dictionary said: A figure of speech by which a location produces an incongruous, seemingly self-contradictory effect, as in "cruel kindness" or "to make haste slowly."

Why Business Ethics is considered "Oxymoron"?

Some business, they bringing together of two apparently contradictory concepts like cheerful pessimist or deafening silence. It is like we do it wrongly but keep it in silent or do something in term later can gain profits. In the business can and do act ethically. They do it because good, ethical behavior is the best long-term strategy for a company. That's not to say that ethical behavior always pays off financially or that unethical behavior is always punished. Unethical can make the business at least in the short term. There for the most part and over the long run, acting ethically can give a company a significant competitive advantage over companies that do not act ethically. 

Introduction to Ethics.

Ethics are generally defined as the principle of morally acceptable conduct of individuals .Ethics refers to an individual personal belief about right and wrong. An individual ethics is shape by a combination of factor family and peers, life experiences, personal values and morals and situation factors.

Utilitarian- states that the outcome of a decision or action is of prime importance, and that is the result that truly matter in our treatment of other people.

Separatists- is based on a relativist conception of morality that there can be different, equally valid moral codes that apply to different sections of society and differences in codes between societies.

Integration- ethical behavior and business should be integrated in a new era called business ethics.

Ethics are the guiding principles. Where the proposed business activity/ operation of the company borders on the unknown, the company needs to apply the ethics principle to decide on the project. Ethics help make relationships mutually pleasant and productive- imbibes a sense of belonging to society.

Reflection in an company operation of the value and moral principle used in the communities in which they operate. Successful markets and corporate are founded on a commitment to basic ethical principles aligned as much as possible to the interests of individuals, corporations and society.

Ethical standard may be expressed in a company formal conduct requirement, or contained in generally stated principles that guide a company preferred conduct or behavior. Most companies have put in place a code of ethics for its employees to conduct themselves in a particular manner while doing business.

Businesses that exhibit and promote strong corporate codes of ethics are more prosperous in the long run because they show a commitment to an expectation of sound moral behavior. This demonstrates a dedication to society, customers, employees and the business itself.

It also enhances a company reputation if they become commonly known as an ethical company, and this brings more value to the organization. When companies make unethical decisions it can result in defective or rushed product, unsubstantiated firing of employees, and false presentation of product to consumers.

mengkaji keadaan diri

Terdetik untuk berkongsikan cerita, bagaimana mengkaji keadaan diri ini, cerita yang dipetik dari sebuah buku bertajuk Mencari Makna Hidup, buku yang diterjemahkan secara sah daripada buku asal berjudul fulfilling life.ceritanya bermula seorang remaja lelaki datang ke farmasi mahu membeli ubat untuk kedua orang tuanya, dia meminta izin meminjam telefon bagi menghubungi seseorang,

 "apa khabar? boleh saya bercakap dengan doktor Binsar?" tanya remaja lelaki memulakan perbualan.

doktor Binsar, saya Said, saya mahu bertanya.. adakah sekarang tuan memerlukan pembantu ataupun sebabarang kerja di rumah tuan? saya sanggup bekerja di rumah tuan walaupun bayarannya sedikit.

lalu tuan itu menjawap saya sudah ada pembantu, lantas remaja itu berkata jadi tuan sudah ada seorang budak lelaki yang bekerja dirumah tuan? tuan puas ati? "apa! tuan mahu menjadikannya anak angkat? untung la nasib dia ye......terima kasih tuan doktor. selamat tinggal" kataremaja itu sambil meletakan telefon... semasa dia melangkah keluar dari farmasi, pemilik kedai itu memanggil remaja itu dan berkata... kamu perlukan kerja? disini ada kerja.... 

"terima kasih ,puan. saya sudah ada kerja.

"tetapi..... tadi saya dengar perbualan kamu inginkan kerja? 

remaja itu menjawap, "puan, sayalah budak yang bekerja di rumah Dr Binsar itu. saya sedang mengintip bagaimana pandangan doktor itu pada saya selama ini. syukur kepada Tuhan, semuanya berjalan lancar, doktor itu pun berpuas ati  dengan kerja saya.. Puan sendiri pun dengar tadi, kan? mungkin saya dijadikan anak angkatnya."

menarik bukan? lihat bagaimana seorang remaja mengkaji pristasi diri sendirinya..dengan menggunakan cara yang berbeza dari orang lain untuk mengenal pasti kelebihan dan kekurangan beliau.. so sama-samalah jadi yang terbaik, assalamualaikum