in any industry, ethical behavior is the responsibility of

in any industry, ethical behavior is the responsibility of

Every day, these individuals make key decisions that affect the companies for which they work, its shareholders, and all other stakeholders involved, including society as a whole. Individuals that behave unethically will normally loss other people’s confidence and their unethical behavior should be also punished by the law. Those who have others' interests in mind when they make decisions are displaying ethical behavior. Ethical behavior includes honesty, integrity, fairness and a variety of other positive traits. In other cases, business ethics help or hinder companies in areas more specific to their industry and commerce. Your Legal and Ethical Responsibilities as a Manager in the Workplace . Oil industry-ethical issues . ethical behavior: Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. Managers at all levels are held to a high standard of ethical behavior. Unethical behavior should be reported to the proper authority, but care must be taken to. Externalities are business costs that society pays for. ContentsIn recent decades, the discovery of petroleum change people’s lifestyle in a great extent. Accounting, human resources and customer communication are common areas where businesses of all types have struggled. When a business pollutes a river, for example, the local sanitation department is responsible for cleaning up the mess that the business made. Ethical business leaders have a social responsibility to avoid behavior that results in a drain on society's resources. 2004; Steinbauer et al. Find a new job with better workplace ethics. Ethical considerations cover the full gamut of business decisions. 2014) and has significant potential to affect public trust in all forms of government (Joyce 2014).Previous research has identified a number of factors that can shape standards of conduct within an organization, among which the role of leadership has attracted significant attention (Grojean et al. Introduction. They also deal with accountability issues involved in scientific research, consumer protections, and the overall structure of any … In any industry, ethical behavior is the responsibility of ... Selfish concerns. In an ethical dilemma, a person chooses between doing what is wrong, or doing what is ethical because it is the right thing to do. Business ethics take into consideration responsibilities not just inside the workplace, but also within the environmental, cultural, and social structures of communities. 2014). No behavior should be considered ethical if it is motivated by. Ethical Arenas. And the so-called ‘Black gold’ has become one of the world’s most lucrative industries. P-3A.2—When we have concerns about the professional behavior of a co-worker, we shall first let that person know of our concern in a way that shows respect for personal dignity and for the diversity to be found among staff members, and then attempt to resolve the … An ethical behavior is essential for a society to function properly. On the other hand, ethical behaviors can also be evidenced in work relationships. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Ethics is a key component of good governance (Perry et al. Report only what happened. Behavior is the responsibility of... Selfish concerns industry, ethical behaviors also. Cases, business ethics help or hinder companies in areas more specific to their industry and commerce aspects of decisions... 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