Are ethics global or situational

Webster dictionary defines Ethics as: The rules or standards judicature the hold of a person or the members of a profession. There atomic number 18 many disposal bodies exerting control and influence over the job community. These institutions vary from regime based (SEC) to professed(prenominal) self-governing institutions (Professional Engineers of Canada). There atomic number 18 also international governing bodies that enkindle impose rules and standards of conduct. However, the aim of influence over businesses beyond national boarders greatly varies. My teleph integrity line is broken down to 2 parts. First, ethical conduct varies from one environment to another. Second, omit of a strong international governing body with international concern makes ethical findings secondary to profitable fiscal selects. The general record of deterrent examples and specific moral resources are at the gist of ethical decisions. This is where things write down complicated. Depending on the individual or even cultural perceptions a choice may be viewed as ethical by undecomposed about and unethical by others. One mans terrorist is another mans freedom fighter. I think financial managers view choices based on their impact on the business. It is simply a balance of gains and losses. Fords decision to sell Pintos, knowing a rear collision can cause an explosion was a financial choice that meant remittal claims was cheaper than recall or discontinuation of production.

Companies will also introduce their unethical conduct only if it is damaging their reputation and/or quarter line. An example of this was Nikes child labour accusations in Asia. differen t way to control ethical conduct is through ! government regulation. However, many would argue if this approach is the process to ethical conduct. to the highest degree will agree that murder is unethical, yet there is jacket crown punishment. In conclusion, I see corporate ethical power as situational and not global. It is the consequences of their decisions that determine their course of action, If you want to get a large essay, order it on our website: OrderEssay.net

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