Can ethical behavior really exist in business Research Paper

Can ethical behavior really exist in lineage - Research Paper ExampleThis paper is an tone-beginning to analyse the concept of ethical behaviour and localise on the possibilities for ethical behaviour to exist in a business. The meaning of business moral philosophy An attempt to answer the following question could help us to understand the meaning of business ethics What is the kind between ethics and morality? According to Archie B. Carroll and Ann K. Buchholtz ethics is the discipline that deals with what is good and bad and with moral barter and obligation. Ethics can also be regarded as a set of moral principles or values. faith is a doctrine or system of moral conduct (Carroll & Buchholtz 242). It is obvious from the definitions that ethics and morality argon more or less similar concepts and both these terminologies can be used as substitutes for apiece other to analyse the right and wrong behaviour in business. Business ethics could thus be observed as linked with the right and wrong behaviour and practices which take place in a business setup. The existence of a business is dependant on the nature of relationship between customers, employees, investors, shareholders, managers and directors. It is the obligation of director board of a company to ensure the functioning of the organisation in a intelligent and ethical manner. ... Recent interpretations of right and wrong comprise questions of equity and fairness. There are two definitive branches of ethics descriptive ethics and normative ethics. These branches observe the concept of ethics from different angles. As Archie B. Carroll and Ann K. Buchholtz puts in descriptive ethics is concerned with describing, characterizing and studying the morality the people, an organisation, a culture or a society. It also compares and contrasts different moral codes, systems, practices, beliefs and values (Carroll & Buchholtz 242). The focus of descriptive business ethics is primarily on what is victoriou s place in specific areas such as behaviour, action, decisions and practices of organisations. It considers the present happenings in a business governance and therefore there are possibilities for the development of an attitude among some people to follow the activities of a bulk even if the action is unfair. At this point one could recognise the importance of normative business ethics as it focus on what aught to be instead of what is the ethical conditions of an organisation. According to Archie B. Carroll and Ann K. Buchholtz normative ethics, by contrast, is concerned with supplying and justifying a coherent moral system of thinking and judging. It seeks to uncover, develop and justify staple fibre moral principles that are indented to guide behaviour, actions and decisions (Carroll & Buchholtz 242). Therefore normative ethics provides a clear cut persuasion regarding what is ethical and what is unethical in a business. It is more concerned with the dos and donts and with b acking up of standards for providing guidelines for a business establishment to ensure its ethical functioning which is