A true and particular organization will always have the foundation and also will always conform with the legal requirements where the business is operating. Ethic involve what i8s right and wrong. But often there are times, ‘The Rights Thing’ is not nearly as straight forward as stated in the business ethics literatures. Often there are times the dilemma arises; that should a person lie to his or her boss?. There are many experts who believe that a right thing to do is to depend on the situation.
Many philosophers actually consider ethics to be the science of conduct. The Ethics include the fundamental ground rules by which we live our own lives. In fact the philosophers have been discussing for more than 2500 years, that is since the time of Socrates and Plato. However the times have changed; today is often translated to a law regulation or a rule tomorrow. The values which guide how we ought to behave, need to bed defined and also refined.
While there are a certain amount of attributes and qualities that transcend the limits of the time and the space. These are like giving respect to others, showing honesty to others, showing fairness, responsibility, among others.
Now let us consider what is business ethics. Business ethics refers to what is expected of you at the workplace. These consideration can be in regards to the products and services in relationship with the stakeholders. It is very critical during the time of the fundamental change which are faced by the business, both the non profit or the profit making organisations. While the values are taken for granted some of these are often questioned and are diifcult to follow. Thus is is a leading to a serious dilemma to what is the right thing to do.
The times are changing so very fast that any particular organisationin order to survive, it has to change or at least modify its strategy. For Example, the corona pandemic has brought a paradigm shift in the way of life in general and now are able to conduct your business in a particular situation.
The simple things like do not lie, stick to the truth are no longer valid and they are not going to be followed strictly. The important thing which comes to the fore is that you have to work in the interest of the organization and alsow hen you find adhering to the ethics of the organization is likely to cause an immense loss to the company. So at that time we must change out tactics and do whatever is in the best interest of the organization.
Blog is written by Vikram
