OMM 640: Business Ethics and Social Responsibility
Dr. Sharvonnie Carthens
Ethical and moral philosophy are a part of business and impact decision-making in many forms. One is the application it has towards corporations and how moral philosophies influence an individual’s behavior and decision-making. Next, can moral philosophies affect global planning? Companies integrate ethical ideals in their code of conduct and daily procedures. What small business town business and a corporate giant are examples or non-examples of using ethical decision making of these notions today?
Moral philosophies help people make decisions about what is right and wrong. Some of the philosophies have been instilled in us since we were children. Before the era of today, a mom and a dad lived together, told their children what was right or wrong, and gave their offspring values to live by that continued into adulthood. Since there is not a universal set of standards for everyone, development differs between individuals, which mean businesses have different policies and ethics applicable to their operations (Ferrell, Fraedrich, Ferrell, 2013).
With so many differences of opinions, how can one distinguish between four main philosophies divided into different sections and subsections making it more confusing than understandable? These four ideals range from teleology (self-interest), deontology (behavior), relativism (observable behavior), and to justice (fairness) One way to exasperate a particular model is for the leaders to be an example of the type of behavior and decision-making the business emulates in its practice (Brown, 2003). At times, a business wants to expand into the global market and people need to know what type of cultural ethics is overseas in that particular environment. It is different for each country because all histories are not the same, and can differ from state to state. One example comes from Ireland where people need to get to know each other before any type of business is conducted. The first meeting would probably happen in a pub with Guinness being the drink of choice (Kwintessential 2012). One needs to know that some countries are particular and require different ways to meet and greet before one even begins to discuss business. Some people are aggressive, and others are relaxed. Behavior models are good to have an idea how people react to you. Do behaviors affect global strategic planning? People need to have a plan in place so they do not have trouble with business contracts. Learning about another country is rewarding no matter if one is a businessperson or not because the experience is one that will infuse a person’s life. Representatives of a country may find it intriguing that corporations would go to such lengths to learn and insure future dealings between the two countries.
Businesses are able to integrate honorable values in routines. Executives, as mentioned before, are able to be role models to other employees to show how to combine personal as well as company standards by making ethical decisions in the office. Another idea is to have knowledgeable consultations on ethical decisions that one may be facing at work with a co-worker or supervisor who is confidential (Forsyth, 1992). A company needs to have information about code of conduct, policies, and procedures readily available to employees. One place could be in the lunchroom for an individual to take some pamphlets when it is necessary to resolve a dilemma at work and home. Human Resource personnel need to have an open door policy for all employees, including executives, to discuss issues that trouble them. A study on sales managers and their employees find self-interest is higher because individuals have to sell so many quotas a week to provide for their families (Bass, Barnett, Brown, 2012). I have an example where a car dealer at Paulling’s Auto in…