Sunday, November 18, 2007
Business Ethics, is there such a thing?
With all the scandals and controversies today surrounding major corporations such as Enron, one ought to consider whether or not there really is a set of standards and ethical codes to be considered in the world of business. Sure there are the set of business ethics that one learns in a class designated business ethics, but is it more than just what is taught in such class. It involves whether or not that set of standards and code of ethics that is taught in class or preached by ethicist is actually followed in the business world. If you were to actually look at the business world, you would have to believe that ethics is something that is nonexistant in the real world and only on paper. Beyond the lying, cheating, deception, money laundering scandals, the need for profit at any cost and the way employees are treated in some business with benefits and wages it is entirely unfair to the employee and against a number of ethical standard values. The idea of a major corporation in America seems to be the bigger the profit the better. So by whatever means that takes to achieve, the CEOs, Presidents, Executive Board members, or whomever else is willing to go there and beyond. Whether that means making their product cheaper or lessening the wages to the bare minimum for their employees. Whatever it is, it comes out in an unfair, unethical way to someone, somewhere.
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I think that people within organizations such as CEOs and executive board members have their own set of morals and ethics and have their own feelings about ethics in the business world, but that their ethics are misguided and fuzzy because of the corrupting forces of men such as greed, the need to be the best, etc. And I think that ethics can be instituted only if there is government intervention or if public revolt is started because the corrupting forces are far too strong to be overcome by talking about it in academic circles.
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