Understanding Business Ethics Essay

¶ … Business Ethics A corporate ethics officer is a relatively new position in terms of modern corporate structure. However, in an age of such ethical uncertainty, this position is becoming more necessary than ever thought of. Overall, the ethics officer has three major roles in the corporation: company security, counselor, and compliance officer.

First and foremost, ethics officers are a major part of any corporation's security force. Essentially, "an ethics officer is the first line of defense for the firm as it relates to company security" (Stanwick & Stanwick, 2013, p 243). From this position, ethics officers must have both technical and business experience to be able to understand security issues as they arise and respond with swift and efficient actions. Breaches in security and ethics are thus tied in the modern work environment. Thus, "the ethics officer is responsible for making sure that appropriate actions are taken if unethical activity leads to a breach of company security" (Stanwick & Stanwick, 2013, p 243). Ignoring possible security risks is an unethical practice in an era where sensitive internal and customer data is at risk of being stolen.

Moreover, ethics officers work with resolving ethical issues in the work environment. They help assist employees as they encounter ethical issues in the workplace. Therefore,...

...

The ethics officer must give advice to employees that is in tune with the ethical objectives and promises of the organization overall.
Finally, the ethics officer must play a role in compliance control. When individuals or groups of employees do violate the corporation's ethical standards, it is the ethics officer that steps in and possibly sets in motion disciplinary actions. Thus, the ethics officer must have a very thorough knowledge of the ethical promises the company has made to its employees and customers.

Question 2

Whistle blowing is when an employee of an organization sheds light on unethical practices of a company. Essentially, one is a whistle blower when one makes unethical practices and behavior within the company known to the outside world. This could be unethical behavior that directly affected the employee unveiling the information, or behavior that the employee witnessed that had nothing directly to do with them, but knew that it went against ethical principles of the company.

Up until the passing of the Sarbanes-Oaxley Act in 2002, companies had free reign to terminate employees…

Sources Used in Documents:

References

Stanwick, Peter & Stanwick, Sarah. (2013). Understanding Business Ethics. SAGE Publications.


Cite this Document:

"Understanding Business Ethics" (2014, April 12) Retrieved April 26, 2024, from
https://www.paperdue.com/essay/understanding-business-ethics-187401

"Understanding Business Ethics" 12 April 2014. Web.26 April. 2024. <
https://www.paperdue.com/essay/understanding-business-ethics-187401>

"Understanding Business Ethics", 12 April 2014, Accessed.26 April. 2024,
https://www.paperdue.com/essay/understanding-business-ethics-187401

Related Documents

Business Ethics Focus on Merrill Lynch According to Laura Hartman and her co-writer, Joe Desjardins in the work entitled "Business Ethics: Decision Making for Personal Integrity & Social Responsibility" philosophical ethics may be clearly differentiated from theological ethics because theological ethics attempted to disseminate the well-being of an individual on a religious basis while the ethics of an individual's philosophy is such that provisions of justifications that can be applied to

3). In addition, the Company strongly believes in fair dealing and has it made a central part in the Code. Each employee, officer and director should endeavor to deal fairly with the Company's customers, suppliers, competitors, officers and employees. None should take unfair advantage of anyone through manipulation, concealment, abuse of privileged information, misrepresentation of material facts or any other unfair dealing practice. Stealing proprietary information, misusing trade secret

Business Ethics Business Law Business ethics are a very important part of the entire business process. It is important to have a firm understanding of the ethical rules of the game in order to perform the best. The purpose of this essay is to discuss and highlight some of the more important effects that ethics plays in business and business law. The essay will discuss the corporation's role within society and

Business Ethics Palmeri, C&Rupp, L 2013, May 3, Disney Bangladesh Exit Pressure on Clothes makers Who Stay, Retrieved from http://www.bloomberg.com/news/2013-05-03/disney-bangladesh-exit-puts-pressure-on-those-who-may-stay-1-.html The work of Palmeri and Rupp (2013) is focused on highlighting the issues faced by the multinational organizations while operating in developing markets. It is highly likely for large organizations to develop their overseas presence. However the economically developing markets a number of issues including environmental, infrastructural, and compliance with health and

This would lead to a new round of calls for increased ethical standards. (De George, 2005) Name at least three reasons why ethics are important to your job/profession or a job/profession you would like to work in Three reasons why ethics is important would include: it helps improve decision making, allows us to go beyond traditional business theories and it creates a culture of acceptable behavior within an organization. Decision

Finally, the universalizing stage is often referred to as enlightenment, or having achieved a true understanding of the nature of good virtue. (Fowler, 1995; p.p. 73-145). Clearly, my personal ethical values are heavily influenced by my stage of personal development. As I continue to grow, my values will evolve and adapt to my new way of looking at the world. The way that defining moments influence me will also be