Question

It is important to have ethics in the business world.  Ethics is not limited to one particular...

It is important to have ethics in the business world.  Ethics is not limited to one particular business or position.  We are all responsible for creating an ethical work place.  In a 3-4 page paper, discuss how ethics are within your workplace.  Are there any policies that must be followed?  If so, what are they?  If not, what can you do to have some put in place?

Homework Answers

Answer #1

For every particular business, position or person ethics is an important criterion because ethics are about the certain standards and policies which are created for the proper working of the world. Without any proper ethics man will not be survived and he or she cannot face success in their lives. Many of the people think that why ethics are important in the business world and also think without the following the standard ethics business will not be succeeded? According to my point of view many of the famous personalities were succeeded in their carrier only because of following the certain ethical standards and policies.

Business ethics refers to the applying the ethical values in the business. There are some reasons which tell that ethics are important to follow in the business.

  • Ethics will helpful to lay the best pathway for the leaders and workers of the organization to take the effective and strategic decisions regarding any problem.
  • It will help to increase the employee retention.
  • If in every business ethics are followed by the management it will attract the investors to invest in our business.
  • Ethics minimize the costs because very fewer funds are spent in the employee recruitment
  • We know by creation of the unknown problems in the business fines should be paid if the ethics are followed there was no scope to pay the fine.
  • If our business became more reputed then employees who are skilled will attract to join and perform well for the success this will be fulfilled by following the ethics.
  • Customer loyalty was one the important aspect if our business follow the ethics customers will be attracted.
  • Teamwork will be encouraged through the ethics.
  • It enhances the partnership because every person will follow the ethics.
  • Trust and loyalty will be increased by following the ethics so that risks will be minimized in the business.
  • If the risks are reduced output will get more success so that business will be succeeded.
  • Good ethics will increase the morale in the employees.
  • Ethics will helpful to increase the consumer confidence towards the products.

In every workplace ethics should be followed because without following the ethics conflicts or problems can be observed. Ethical behavior had more importance in the workplace. For example if the person was performing well in his job and always strive to gain benefits for the organization but he does not follow ethics. At the same time there was another person who always follows the ethics and does not do any mistakes regarding his work. Organization gave the reward to the person who always follows the ethics because he never does mistakes which will create harm to organization. It was important to have the strong working relationship with the co workers by following the ethics.

Every person in the organization should follow some policies which are intended by the organizational management because policies communicate the values and goals which are important to follow by the employees. Policies in the workplace clearly mention operating procedure in the workplace. In our organization there are some policies which are important to follow by the employees because it clearly explains us how to work and behave in the workplace.

  • Employee in the organization should maintain the good conduct and also the guidelines for maintaining the employee behavior like maintaining the dress code, harassment policies and the usage of the company belonging like internet, computer etc.
  • Equal opportunity policy that which describe there will be no unfair treatment in the organization. Gender inequalities, poverty inequalities will not be followed.
  • Attendance and time off policies that which describes every employee should attend the office according to the time. Without any kind of intimation leaves will not be sanctioned.
  • Substance abuse policy which describes the usage of drugs, alcohol and tobacco in the premises or working hours of the organization. If these kinds of things were being carried out certain test would be conducted to the employee.

These are some of the policies which are being carried out in our workplace and every person belongs to our organization should follow this policies. If in any certain situation if he/she cross the policies some of the legal proceedings will be carried out like issuing the bad conduct certificate, fines and in some cases person will be poisoned. If there were no certain policies in the organization employees will work according to their wish and they will also not give respect for their higher management. During the issuing of the offer letter, sheet that which consists of all these policies must be read and signed by the candidate

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