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Table of Contents
CHAPTER 1. THE INTRODUCTION TO THE BUSINESS ETHICS .............................................1
Business: Its History and Nature..................................................................................................1
Business Ethics Defined...............................................................................................................2
Business is Always United with Ethics .........................................................................................2
10 Myths About Business Ethics..................................................................................................2
Moral Responsibility Defined........................................................................................................5
CHAPTER 2. THE FOUNDATION OF BUSINESS ETHICS..........................................................7
Ethics Defined ..............................................................................................................................7
Common Characteristics that Constitutes an Ethical Person......................................................7
Factors Influencing the Business Ethics ......................................................................................8
Characteristics of an Ethical Organization ...................................................................................8
Benefits of Business Ethics ..........................................................................................................9
4 Views of Ethics .........................................................................................................................9
CHAPTER 3. CODE OF ETHICS OF A BUSINESS ....................................................................12
Code of Ethics Defined...............................................................................................................12
Users of Code of Ethics..............................................................................................................12
Ethical Code for Students...........................................................................................................13
BBCs Code of Ethics for a Business .........................................................................................14
CHAPTER 4. A GOOD WORK ETHICS .......................................................................................21
Work Defined ..............................................................................................................................21
Theistic Perspectives of Work ...................................................................................................21
Human Perspective of Work ......................................................................................................25
Work Ethics Defined ...................................................................................................................26
10 Major Work Ethics .................................................................................................................26
Reasons Why People Lose Their Job........................................................................................30
Reasons Why Employees Fired in Their Job.............................................................................30
Basic Duties of Employers .........................................................................................................31
Basic Duties of Employees ........................................................................................................31
CHAPTER 5. SOCIAL ISSUES AFFECTING THE BUSINESS ..................................................33
Issues on Violence Against Women and Their Children ...........................................................34
Issues on Reproductive Health ..................................................................................................48
Issues on Child Labor.................................................................................................................62
INTRODUCTION
Business is a part of society. It works together with every human being and act
like a distinct entity. It is complex and dynamic interaction among the people and the
institutions. Its activities must be observed and viewed to see their points as a major
factor in our society. That is why business must be observed by their ethics because
these 2 cannot be separated from each other. A business without good ethics can
destroy the interactions and relationships of people to institution and vice versa.
Studying Business Ethics can give us better understanding the concepts of right and
wrong actions and how they practice this conducts to the business and its effect to other
people or institutions.
As we discussed earlier with the introduction, studying business ethics can give
us better understanding the concepts of right and wrong actions and how they practice
this conducts to the business and its effect to other people or institutions. And we know
the business is a dynamic activity. Because of constant changes, theres always going
to the right path or wrong path as the human conduct dictates it. Ethics is the principle
of understanding good to bad.
Through ethics in business, we enable to analyze ones activity if we are
following the right way in business. We are reflected through the proper guidelines of
the business ethics in proper examination and confrontation several ethical issues and
problems affecting the business activities or transactions. Through business ethics we
can resolve this issues and prevent the possible repetition of the said ethical issue or
problem.
The author William H. Shaw, in his book Business Ethics (1999, pp. 163-165),
came up with three meaning of moral responsibility:
1. Moral Responsibility refers to holding to people morally accountable for the
past action or actions. This simply means assigning to people blame or praise
for particular actions that they have performed.
2. Moral Responsibility also means care, welfare or treatment of others as
derived from the specific social role that one plays in the society.
3. Moral Responsibility likewise refers to ones capacity for making moral or
rational decisions on his own. According to Shaw, if a person is not normally
responsible in this third sense, he or she cannot be considered morally
responsible in either of the other senses.
(Source: Roa, Floriano C. BUSINESS ETHICS AND SOCIAL RESPONSIBILITY.
Quezon City: Rex Bookstore, Inc.)
REFERENCES
Roa, Floriano C. BUSINESS ETHICS AND SOCIAL RESPONSIBILITY. Quezon City:
Rex Bookstore, Inc.
Fajardo, Feliciano R. ECONOMICS. Quezon City: Rex Bookstore, Inc.
ONLINE SOURCES
http://www.hr-matters.info/features/0415.htm
http://elfmaidsandoctopi.blogspot.com/2013/05/mesopotamia-image-dump-7mesopotaimia.html
http://www.careerealism.com/home/jtodonnell/careerealism.com/wpcontent/uploads/2011/11/Mature-Businessman-Thinking.jpg
INTRODUCTION
Understanding the foundation of the business ethics is very important to every
decision makers and members of the corporate organization. Easy resolution can be
created and cautiousness for possible repetitions of ethical issues can be observed and
examined. In this chapter, we aim that you would understand and learn the principles of
business ethics as a part of our social responsibility and to embody the good corporate
governance.
ETHICS DEFINED
ETHICS is derived from the Greek word ethikos which means having to do with
character. The Latin word for ethos is mos (or mores). That is why we known Ethics
as the Moral Science or Moral Philosophy. It refers to the theory of morality of right
conduct.
o Wisdom. The ability to discern right from wrong. Let us take the situation of King
Solomon, known in the Holy Bible as the wisest king of Israel. He decided to ask
wisdom like his father King David than any wealth in order to govern the kingdom
with loyalty. According to Proverbs 4:6-7, Do not forsake wisdom, and she will
protect you; love her, and she will watch over you. Wisdom is supreme; therefore
get wisdom. Though it cost all you have, get understanding.
o Courage. It is defined as the ability to withstand and defend ones decisions. It is
to accept things we (I) we cannot change. (That is why / the reason I created
you. Lord)
o Temperance. It is defined as the ability to control oneself and keeping proper
decorum even in the hardest situation.
o Justice. It is known as the act of fairness; being impartial or having no bias.
Again lets take the situation of King Solomon in 1 Kings 3:16-28. King Solomon
wisely judge the problem of the 2 mothers about the child, he used the decision
of dividing the baby into two to identify the real number. By this he known that the
second mother is the real mother. Through the wisdom, he became just in
deciding for the sake of common interest of the Israelites.
o Conscience. It refers to the practical judgment of reason upon act as good.
TYPES OF CONSCIENCE
1.
2.
3.
4.
5.
3. Justice View: there is always fair and impartial treatments of people according
to the legal rules and standards. The decisions to be created are based to the
standard of Equality, Fairness and Impartiality.
THREE TYPES OF JUSTICE APPROACHES:
REFERENCES
Roa, Floriano C. BUSINESS ETHICS AND SOCIAL RESPONSIBILITY. Quezon City:
Rex Bookstore, Inc.
ONLINE SOURCES
http://www.slideshare.net/HariKrishna35/factors -influencing-business-ethics
http://www.slideshare.net/saadiakh/business-ethics-and-corporate-governance21431952
http://www.wiley.com/canada/schermerhorn/ppt/ch03.ppt
INTRODUCTION
Business can be efficient with the proper handling or management of its owner or
manager. But sometimes, there are conflicts that happen inside the business that can
affect the society. The managers sometimes get a hard time in this conflicts. That is why
many businesses today created Code of Ethics so all employees working will work in
accordance to the principles of business developing the lives of people and walking in
the path of responsible service. It can control the behavior of the employees and make
the flow of the business and how it can affect positively to the society.
decision. Usually most understand the difference between right and wrong and to
apply this understanding to their decision. A written set of guidelines issued by an
organization to its workers and management to help them conduct their actions in
accordance with its primary values and ethical standards.
o CODE OF CONDUCT: it is a document designed to influence the behavior of
employees. They set out the procedures to be used in specific ethical si tuations
and delineate whether a violation of the code of ethics occurred and, if so,
remedies should be imposed.
o CODE OF PRACTICE: it is adopted by a profession or by a governmental or
non-governmental organization to regulate that profession. It may be styled as a
code of professional responsibility, which will discuss difficult issues, difficult
decisions that will often need to be made, and provide a clear account of what
behavior is considered ethical or correct or right in the circumstances.