Reflective essay business ethics

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About essay
Please join StudyMode to read the full document. Business ethics suggests the perception of social responsibility. Not only should they consider the local communities, corporate assets, but also their employees, which are major players in achieving their organizational goals. Strategic ethics are compromising philosophies and standards that guide actions in the great big world of business. The economical, legal and social are obligations that companies must meet as well as those of the stakeholders.

What I Learned About Business Ethics

Reflective essay on business ethics

Costco cares about its employees and its employees care about Costco. As a result, quality becomes the number priority for everyone. They are exactly what they say they are, a large volume warehouse retailer that sells quality products, with a reasonable markup. By keeping their employees happy, they keep their members happy, which keeps the profits coming in. This case study gives consequential ethical theory. Utilitarianism comes here.

My Reflection on Business Ethics

We use cookies to give you the best experience possible. People face ethical dilemmas nearly every day in their personal or professional lives. Choosing how to deal with ethical or moral dilemmas can be very difficult at times.
Business success depends on the harmonious collaboration of workers with a common goal of accomplishing the goals of the institute before they can attain their personal interest. Interfering with this set code of conduct could be detrimental to the organization and that is why ethics plays a crucial role in relationships within the institute. Leaders are subject to ethics as much as they are responsible for the organization in management. Their behavior sets the standards for the employees working under them such that they can only duplicate the diligence exhibited by senior staff. The ethical conduct by top managers is a source of motivation for the employees since they find a purpose in their operations and find returns for their good ethics through quality products and profitable returns.

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