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This is a solution of critical ethical analysis research assignment help in which we discuss issues of business ethics, strategies, discipline, examine,accountability,behavior of organization.
Issues of ethics or the right way to run a business or to work in a corporate are an integral part of corporate governance and business ethics. People judge a corporate not just by of its assets, liabilities, capital and balance sheets. It also plants its credibility through social responsibility, social accountability, respectfulness, behavior, integrity, accountability, team work, commitment, honesty, transparency, confidentiality, code of conduct, compliance and adherence to the law. Every business has to follow ethics of good practices and has to fulfill responsibilities towards the society. Today’s business signifies economic power and social concern. Apart from the license to operate it also has to meet the expectations of all stakeholders which play a pivotal role in its existence and success. (James,2012).
Ethical choices are toughest choices an employee makes. It is a fight between the head and the heart. These are relevant within the business strategies that an organization frames and the ways to achieve them. It is a kind of applied ethics which means it applies morals and values to the business.
Business Ethics is the discipline that examines one’s moral standards or the moral standards of the society. To define ethics or moral values does not mean to differentiate and tell what is right and what is wrong, be it human behavior or an organization. It refers to a set of guiding principles that govern the sentiments, morals, set human standards, dealing with obligations (Nainawat & Meena, 2013).
Few advantages of practicing ethics are as follows
Business ethics reduces the incidences where people point out about their colleagues practicing unethical issues. It helps to maintain healthy work culture at work, no corruption, no biasness, discouraging people working for hidden agenda and not offering favors at workplace. During ethical analysis participatory parties are identified along with their respective stakes and issues, then principles are applied to the problem. Few questions asked to identify ethical issuesare
In order to summarize the techniques of ethical analysis involves specifying the facts and explaining the dilemma, evaluate the parties and their interests list down the values and principles which are at stake. Last but not the least anticipate the consequences.
The case study involves a manager working in a government sector who receives bid for supply of new computers. He learns that his friend is one of the bidders and has spoken to him in this context. His friend represents has his company Radax(one of the bidders). As he receives all the bids, it comes to his knowledge that Radax does not really have the best bid. Now the manager faces an ethical conflict.
In such a case Corporate Governance comes into action. Questions of ethics or the right way to run a business are inherent in all aspects of corporate governance. It is the key to sustenance and existence for every organization. It involves how an organization is constituted and runs. It is all about ethical framework; moral framework and social framework.
I would go by the organization for which I work, that would be my choice. The reason is as an employee social audits and ethical investors are more important. I will be socially and officially accountable to the organization. As an employee I have to assure the reputation assurance of my organization. The major concern here would be that the cultural values of an organization get represented in the moral disposition of the person fronting the organization. Ethics is all about rights and responsibilities, quality of life issues, equity and access, privacy and how they affect individuals, organizations, cultures, communities and hence nation. I owe fairness towards the company and other bidders. If I favor my friend then I will invite conflict of interest with other colleagues. There will be no transparency. As an employee, I am supposed to display values and ethics both at personal and official level. An organization stands on tangible and intangible assets and ethics is one of the intangible assets. So, I will choose to be with my organization. It has been keenly observed that these days the gap between the scientific and cultural ethics is increasing. This gives birth to breach of confidence, accountability, existence and sustenance of the organization. Professional ethics are important and need to be discussed as they affect the actions and decisions taken. The study basically deals with how to apply code of ethics in a business environment. But the sad part is while the entire focus and energy is being diverted towards the procedure of code development and implementation, very less attention is being paid to those individuals who are supposed to implement and execute those codes.(Zakaria et al.,2014)
Few aspects on which light has to be thrown are prudence, rule of conscience, egoism, stakeholders, legal issues, intellectual property theft, social and moral obligation, hiring and firing employees, occupational risk and employees dealing with it, sexual harassment, marketing, advertising and leaking of information.(Beauchamp, Bowie and Arnold)
I also second the Emotive Theory of Ethics. This theory deals with moral judgments, sentences, words and speech acts. It covers or make for aesthetic and non-moral form of evaluation. It says that moral judgments and speech acts function primarily to express and influence states of mind or attitudes rather than to describe or report.(finlay,2006)
Using the above justified points I would like to share that my decision would definitely benefit the organization in the long run and hence my professional career would be like a clean slate.
James, L.(2012). A Study on Corporate Social Responsibility Practices in Relation to Organizational Culture and Business Ethics in Information Technology. Retrieved on 3 May from http://shodhganga.inflibnet.ac.in/bitstream/10603/5311/9/09_chapter%201.pdf
Nainawat, R. & Meena, R. (2013). Corporate Governance and Business Ethics. Global Journal Of Management And Business Studies, vol - 3(No - 10). Retrieved from http://www.ripublication.com/gjmbs_spl/gjmbsv3n10_08.pdf
Callahan,J.(1988). Ethics Issues in Professional Life. Retrieved on 3 May from file:///D:/Content%20Writing/Ethics/09_chapter%202.pdf
Zakaria, R., Kwong, L., Nilashi, M.,Zai mi ABD ,M., Othman, M. and Zin, R. (2014). Ethical Behaviors in E Tendering Process For Construction Project in Malaysia. Journal of Theoretical and Applied Information Technology,70 (No.1)
Beauchamp, Tom L. Norman E Bowie, and Denis G Arnold “Ethics Theory and Business. Retrieved on 4 May from https://www.homeworkmarket.com/sites/default/files/q2/15/08/549532595.pdf.
Finlay,s.(2006). Emotive Theory of Ethics. Retrieved on 4 May from http://www.encyclopedia.com/article-1G2-3446800561/emotive-theory-ethics.html