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Business Ethics Essay

547 words - 3 pages

Ethics is defined as the system of rules that governs the ordering of values (Brasfield, pg. 166). I agree that ethical decisions are guide by underlying values of the individual. If you’re CEO or Manager/Supervisor isn’t an ethical person, I wouldn’t expect them to make decisions based on ethical criteria.

Business ethics are rooted in personal ethics and morals, but the situations that are experienced pertain to more people in my opinion. Universalism is a concept that is easy to grasp and makes sense in that people uphold common values like honesty, rules against murder, deceit, torture, or oppression as Brasfield has stated. I believe it is far too often that we see egoism in most organizations. Egoism states that self-interest is acceptable. Maximizing the benefit of the individual over the entire organization. ...view middle of the document...

I’ve recently been offered the position as the .... for Here I can see potential ethical issues that will come up. I am in charge of a large budget and at the moment we are in a deficit. Hopefully, Virtue Ethics will guide me in this position. I hope to transcend the rules by applying my personal virtues such as faith, honesty, and integrity (Brasfield, pg. 171). Using ethics in decision-making is hard concept to grasp. Understanding it is easy, but actually applying it is a difficult task. John Kotter’s book “Business Ethics as a Rationale Choice” provides an excellent framework to making decisions on a daily basis. Applying it is another thing. The three criteria that are used are the generalization, utilitarianism, and an integrity test. The generalization test is a little hard to grasp at first, but it is concerned with the reasons for an action should be consistent with the assumption that everyone who has the same reason to act will act the same way (Kotter, pg. 10). There are four corollaries that must be followed as well to pass the generalization test. The utilitarian test is concerned with maximizing the utility of as many people as possible and not increasing the utility of one group or person at the expense of another. The integrity test is about making decisions that are consistent with whom you are. All three criteria must be satisfied to make a truly ethical decision according to Kotter. Integrity cannot override the generalization test, and so fourth. One cannot override another, and if one fails, then the decision is deemed unethical. I also believe that an organization’s code of ethics would be used to help guide decision makers in the right direction. I am guilty of making less than ethical decision-making in my last position as a ...

Brasfield, J. (2015) Management 5000. United States of America: McGraw–Hill Education.

Hooker, John. Business Ethics As Rational Choice. Upper Saddle River, N.J: Prentice Hall, 2011. Print

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