Ethics and Social Responsibilities in Management :: Ethical Standards Management Essays

Ethics and Social Responsibilities in wayEthics can be defined as a work on of evaluating actions tally tomoral principal of values(A.Alhemoud). Throughout the centuries people weretrying to take aim between profit and moral. Perhaps, slightly of them obtain both,but every age it could have roused honest issues. Those issues concernfairness, justice, rightness or wrongness as a result it can only be resolvedaccording to honourable standards.Setting the ethical standards for the way of doing business in corporation is primarily task of management. Corporations have to maintain thesame standards as an somebody person and, in addition, corporations, asorganizational units, have their own neighborly responsibilities toward customers,employees and community. However, every business should confirm its original purposeof functioning - make profit. Balancing the traditional standards ofprofitability and burden of affectionate responsibilities is not an lento task. Inrecent year s it has been a trend of setting standards of corporeal ethicsaccording to high degree of morale.To be able to keep the ethical standards management must follow the legal philosophy.However, there are some complications in enforcing it. The law affects and isaffected by social forces and prevailing ethical standards. Although the lawcan codify societies ethical ________________________________________________________________________ Alhemoud, Ali Management Ethics is modishness Business.values, ethical decision making transcends the law in that 1) the law deals withactions not with thoughts, and therefore it does not (and cannot) codify allethical requirements and 2) an individual or a group may perceive a given lawas immoral, not as a guide to ethical behavior. ( A. Alhemoud). How, then, acompany can ensure that its code of ethics is both followed and obligate ? ...Defense firm such as General Dynamics and TRW, and an information company, get at& Broadstreet, have appointed internal ethics officers or ombudsmen. Whetheremployees have reliance in these safeguards against corporate retaliation is hardto tell, though it is one gait forward (The Economist August 19 1995)The ethical codes of corporations that that get so important nowadaysalso did not come into being at once. They emerged from individual ethicalstandards and corporate consciousness. Moreover, the public demand forprosecution of any violations of corporate, professional and business ethics hasbeen increased. Finally, mass media made possible for society reveal secretsthat were kept from public before. So, the business conduct regulations werecreated to draft guidelines for ethical conduct, develop a process formonitoring business practices and recommend shipway to correct questionableactivities. (J.Byrne) All these measures were taken to balance various socialresponsibilities with the high degree of moral and sense of attainment.