Ethical And Moral Issues In Business

946 words - 4 pages

Ethical and Moral Issues in Business
University of Phoenix
Organizational Ethics and Social Responsibility
MGT/216

Ethical and Moral Issues in Business
Organizations promoting ethical operations while allowing employees to retain their moral compass will proactively solve issues and maintain successful operations even in times of turmoil. Individual or company values motivate effort and influence performance. Employee motivation directly relates to the encouragement a company exhibits while enforcing an ethical code of conduct to benefit and protect both the employee and the business. This essay comprises of the difference between moral and ethical issues pertaining to ...view middle of the document...

This human behavior guides a society to create a social system of ethical principles. Ethics and issues involved focus on more external factors including religion, profession, and society. Therefore, an alteration in ethics can occur if external factors are modified.
Ethical and moral issues differentiate, depending on the character and behavior of the individual influenced by the environment he or she is in. Personal ethics display a commitment to values important to the individual. This could include honesty, integrity, and trustworthiness. In the corporate environment business ethics include expectations of employee personal conduct and if this is in compliance with ethical guidelines set forth by the organization. Conflict between an employee’s moral beliefs and an organization’s code of ethics can impose a liability to both parties. Ethical issues can be avoided if the organization is proactive in identifying and rectifying potential liabilities. Two common ethical problems faced by organizations include discrimination and confidentiality (Trevino & Nelson, 2007).
Discrimination comes in many forms and occurs when “something other than qualifications affects how an employee is treated” (Trevino & Nelson, 2007, p. 69). Although workplace discrimination regulations prohibit employment partiality based on age, color, religion, race, sex, disabilities, etcetera it is common for personal biases to affect the behavior of individuals within the corporate environment. Personal prejudices can factor into ethical violations such as hiring or firing an employee because of discriminatory factors. For example, management who is granting employment or terminating employment based on the age of an individual is exposing the organization to a lawsuit. This not only costs the company monetarily in legal fees and damages but also initiates a negative corporate image thereby affecting financial health.
Measures that can assist in dealing with discrimination before an employee proceeds to legal counsel is to familiarize management with discrimination laws to see if violations are occurring, ensure employees know the proper procedure for filing a complaint, and explain the actions taken to correct the...

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