Deontological theories provides the best framework for a general approach for avoiding certain ethical issues within a business. Deontological theories are defined as focusing on the rights of all individuals and the intentions of the person performing the action. Deontological theories differ quite a bit from utilitarian views on ethics and would not allow, the harming of some individuals in order to help other individuals. To the deontologist each person must be treated with the same level of respect and no one should be treated as a means to an end.
Deontology suggests that the principles of ethics are permanent and unchanging and that the obligation to following these principles is at the heart of ethical behavior. Many deontologists believe that the rights of an individual are grounded in what they call, "natural law". Deontology is the product of Immanuel Kant, a German philosopher. In a short definition, Deontology is the ethical theory that is concerned with duties and rights.
In business, employees who showcase a duty based, or deontological based, ethic usually justify their actions and behaviors in terms of honoring company policy or in terms of satisfying their customers. Although there are more than a handful of major ethical paradigms, the deontological, duty based, approach emphasizes that the satisfaction of expectations as the major force to their actions and behavior; It is just what they have to do.
In general, deontology focuses on the act and not the act's result or consequence. The morally binding nature of a deontological standard comes from the persons obligation to perform some act in a specific manner. This can sometimes be voluntarily and sometimes not. Duty based approaches are heavy on obligation, in the sense that a person who follows this ethical theory believes that the highest virtue comes from doing what you are supposed to do. This thinking comes from the idea that it is something you have to do, such as following the law, or because you have agreed to do it, such as following an employer's policies. It matters little whether the act leads to positive or negative consequences. Instead what matters is you are doing your duty.
Although no one person perfectly locks into a single ethical theory or profile and every person is a unique human being and not a textbook case, it is possible to come up with some general statements and ideas about how a deontologist functions in the workplace more effectively than other ethical theories. An employee who feels very strongly and follows a duty based ethic, usually comes off as an "inside the box" thinker. This employee will do what his boss told him to do, because he is required to honor his boss's directions. Even if the employee recognizes that the boss's commands are irrational or counterproductive, he will still comply. He will also be aware and conscientious about details, usually following a strict or pre set procedure through to completion without finding and taking shortcuts, because he believes that is what the company expects of him.
We should consider an Accounts Payable clerk. This person is responsible for reviewing invoices and financial reports, such as expense reports, to ensure that they follow and conform to policy and then issuing prompt payment. If the company policy required original receipts to justify the items on the expense report, and the employee submitted only photocopies, a clerk with a deontological ethic may decline the report and require the originals to be re submitted. This clerk behaves in this manner because he believes that he has a duty to follow the full and literal policy that the employer has provided to him. He follows this ethic whether the need for originals instead of copies made any difference in the end results. This accounts payable clerk could have saved the company from paying out more than was necessary thus saving the company money.
Another example would be a manager of a retail store faced with a return. If the manager of a retail store with a posted merchandise return policy may choose to honor the policy or to make exceptions, depending on the circumstances of a particular return. Managers with a strong deontological ethic, will typically hold closely to the literal text of the policy and make fewer exceptions, because he views upholding the employer's policy as their job. They know that the policy is in place for a reason and that it must be followed.
Business ethics can be humorously called an oxymoron since some people consider "business" to be inherently unethical. However, business ethics is not generally considered an oxymoron.
Here are some myths of businessmen about business ethics: 1. Business competition is a war thus, the principles of morality do not apply. 2. Ethics and business do not mix. 3. Ethics is a personal affair and not a public debatable matter. In one sense this is true but then man is a social being. 4. Ethics in business id relative. 5. Good business means good ethics.
my contribution is that in business ethics one has to examing his or herself very well, and also indevour to apply some necesaary thing that are needed to achieve the aim of the business.
Characteristics of Business Ethics?Business ethics are ethics that refer to the moral rules and regulations governing the business world. In other words, they are the moral values that guide the way corporations or other business make decisions. Some business ethics are imposed by law.Business ethics is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer. Good business ethics should be a part of every business. The important characteristics of business ethics are;1. As a guide: - Business ethics constitutes the guiding principles of business functions with the help of this, businessmen can lean about the progress, situation, environment and conditions of the business.2. Goals and means: - Business ethics is that branch of the business environment in which can study about the goals and means for the rational selection of sacred objects and their fulfillment.3. Art and Science: - Business ethics is concerned with the principles of business behaviour, standards, moral values etc. With the study of business ethics, we can show the difference between good and evil, proper and improve actions of business. For these activities in business, business ethics is known as an ideal science. It is an art because it emphasizes practical use of behavioural standards, techniques and principles.4. Study Human Aspects: -Business ethics all those which are concerned with human aspect. It provides information to customers, government, society etc, on good or bad, right or wrong conducts of business.5. Difference from Social Responsibility: -Social responsibility is concerned with functions, programmes and policies of an enterprise, whereas business ethics is related with the conduct and behaviour of businessmen. But social responsibility of business and its policies are influenced by ethics.6. Technology based: - The development of business ethics is possible on the basis of theological principles, such as service, human welfare, sincerity, good behaviour etc.7. Development Personal Dignity: -Personal dignity can develop with the principles of ethics.8. Unrelated to Emotions: -Business ethics is not concerned with emotions but is based on reality and social customs. As a matter of fact, business ethics is developed after testing the requirements of business environment, social customs and traditions.9. Universal Philosophy: - Business ethics is a universal philosophy. Ethical principles have relevance in every business.
The benefits in approaches business is to have quality products and in good market.
One can find examples of case studies for a Business Ethics course online from Economist Milton Friedman's essay, which was done in 1970. There are some great resources also at USC Levan Institute online.
Business ethics can be humorously called an oxymoron since some people consider "business" to be inherently unethical. However, business ethics is not generally considered an oxymoron.
Business ethics management means that you need to have some level of ethics when conducting and managing a business because without ethics, all managers would become horrible bosses and people in general.
Ethics are taught in business because some business executives violate ethics. With more ethics classes, more managers will be able to make the right decision without compromising their organization's brand image.
Here are some myths of businessmen about business ethics: 1. Business competition is a war thus, the principles of morality do not apply. 2. Ethics and business do not mix. 3. Ethics is a personal affair and not a public debatable matter. In one sense this is true but then man is a social being. 4. Ethics in business id relative. 5. Good business means good ethics.
some activity which help the business to run in a active way.
Some recommended books for learning about business ethics include "Ethics 101: What Every Leader Needs to Know" by John C. Maxwell, "Business Ethics: Ethical Decision Making & Cases" by O. C. Ferrell and John Fraedrich, and "Principles of Business Ethics" by George F. Chryssides and John H. Kaler. These books provide insight into principles, case studies, and ethical decision-making in a business context.
Dont pee the the chiar
Obstacles to ethics include:- Time- Ego- Unreliable Information- Ignorance
my contribution is that in business ethics one has to examing his or herself very well, and also indevour to apply some necesaary thing that are needed to achieve the aim of the business.
Investing, finance, business ethics, Six Sigma/quality management,
There are many examples of business management tools. Some good examples of business management tools are smart phones, planners, and accounting software.