Ethics Choice in the Workplace Essay Example for Free

Ethics Choice in the Workplace EssayEthics and corporate social responsibility (CSR) becomes one of key point to evaluation stock value. In todays highly interconnected, global, and transp bent world, corporations ar finding that social responsibility is essential to fundamental line of business strategy (Trevino Nelson, 2010, page 332). The briny purpose of this paper is to offer readers an overview and concept about the role of ethics and social responsibility in food industry. Besides that, some ethical problems of placements, s interestholder linear perspective on the firm and some recommendations are listed. Ethics Choice in the Workplace Regarding to corporate ethics and CSR are exposed, both consumers and governments are focusing their anxiety on corporate social responsibility practices (Maloni Brown, 2006). Ferrell, Geoffrey Ferrell (2011, p.38) stated, business ethics as the principles and standards that determine acceptable conduct in business organizations. The behavior of acceptability is sustain by many stakeholders of organizations such as customers, suppliers, employees, government regulators, owners as well as community. Ethics and social responsibilities are influent to business strategy and circumstance in recently. White (2012) claimed social responsibilities manage on decision making from top level to bottom line of firms. Ethics and Social Responsibilities are macrocosm evaluated as a key successful factor to measure organization outcomes. Ethics Issues in BusinessIn order to identify certain situations that affect by various environmental and individual factors as ethical or unethical decision (Bommer, Gravander Tuttle,1987). The identification is impacted by bias, principles, concepts and definitions of social group or community. These standards are different from geographies, races, languages, time, etc. According to Ferell et all, 2011, ethics is related to organizations culture, financial status and business objecti ve. Plenty of ethical issues in business can be classified into their relative behavior as abusive and intimidating behavior, conflicts of interest, fairness and honesty, communications, and business associations. Abusive and Intimidating BehaviorActions in working environment caused otherwise people physical threats, being annoying, harshness, or even though bypassing some individual opinions. Abusive can be considered as a distraction or disruption of the workplace (Ferell et all, 2011). Intensity of voice, situation of speaking and used words are factors to be determined to abusive or un-abusive. Conflicts of interestThis kind of conflicts occurs quite frequently in reality. For instance, managers could make decisions either to reinforce their power or enhance benefit to shareholders. A CEO will keep confidential a bad financial status to board of director sometimes. The conflict is often among employees because they use the same resources. Un-transparency of gifts may effect t o outcome decisions to be an illegal or un-ethical behavior. Fairness and HonestyFairness and honesty is the most important of business ethics and create general values of decision makers (Ferell et all, 2011). For instance, some newspapers claimed there are some exceed ingredients in power milk caused harmfulness to children health 2 years ago. In addition, Microsoft window software is still being zany very popularly in China and Vietnam in particular even though people knew these products are protected by copyright law. conferencesCommunication is one of effective tools to bring product ideas and images to consumers. However, some organizations transferred to community incorrect information about their products. Under-weight or over-weight harmful of ingredients, food safety and hygiene are the most of improper announcement in advertising and labels. Further more than, there is lack of information to compare differences or similarities between products (Ferell et all, 2011). For example, many people does not manage how differentiated among Unilivers detergents OMO, Viso, and Suff. Business RelationsThis ethical behavior is relevant to business relations to customers, suppliers, bosses vs. their staff and others in their workplace that create to ethical concerns. Managers take advantages on legitimate and authority roles to supervise their staff. Sometime they play Lording games to reinforce their power (Mintzberg, 1985). In reality, commission and gifts are used very popularly on Sales and Marketing. In Vietnam, gifts are considered as traditional requirement on national holidays. Corporate Social Responsibility (CSR)Corporate Social Responsibility actor that organizations should take responsibility for their impact on society and the environment (Castka Balzarova, 2007, p.297). Every organization should build and adopt their owned CSR plans. There are four dimensions or four faces of social responsibility economic, legal, ethical, and philanthropic (wh ich sometimes call voluntary, altruistic or humanitarian) (Ferell et all, 2011) and (Geoffrey, 2001). Economic Responsibilities.Business organizations are groups to conduct goods or service to fulfill consumers as well as create jobs for community (Geoffrey, 2001). Firms should pay fair to workers, look for new resources, technical innovation and celebrate a friendly and plumb working environment. Therefore, economic responsibility is to be profitable for principles by delivering a good quality product at a fair price is callable to customers (Geoffrey, 2001, p. 3). Novak (1996, p. 139-145) defined seven economic responsibilities. There are to (1) satisfy customers with goods and services of real value, (2) make a reasonable return on the funds entrusted to the business corporation by its investors, (3) create new wealth which reduce poorness as their wages rises, (4) create new jobs to enhance worker incomes, (5) defeat admire by generating people values and creations that can improve their conditions, (6) promote ingenuity and invention, (7) diversify the interest s of the republic. Legal responsibilities.Legal behavior is obeying the law by playing rules and policies of the game. The business laws are passed by the society and community. The laws tell organizations what should or should not be done. However, the laws often provide a minimum level or a floor of moral that might be followed involuntarily out of fear of punishment rather than voluntarily out of internal moral condemnation (Geoffrey, 2001, p. 4). Ethical responsibilities.Ethical duties overcome limitations of legal responsibilities. They include moral, doing what is right, just, fair and avoiding harm to society and community even if preventing harm caused by others (Smith Quelch, 1993). This behavior shows how wealth the organization affects non-economic aspects of society, such as benefit to employees, how closely working environment is, as well as natural environment. Altruistic respon sibilitiesThis kind of responsibilities display in the forms of voluntary service, association and giving, offer over of legal of society floor principles. Over the half of century, business increasingly has been judged not barely by its economic and its ethical performance, but also by its social contributions (Geoffrey, 2001). ConclusionBy understanding deeply Ethics and Corporate Social Responsibility, businesses can adopt not only get higher profit or outcomes but also be interested to society, community and natural environment. For the time being, we can expect to hear more about social responsibility and much of what of our companies do to give a hand to build our society around us.