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The Role of Business Ethics Today
Posted in Business by
MZaidee
Business people and their corporations need to be reminded about their role and responsibilities. The following issues need special attention today:
1. Globalization should mean that all people are considered to comprise one family. All human beings should be treated with respect, equality, and fairness. Exploitation of one group by another should stop. There should not be any division among people because of their race, color, nationality, gender, or faith.
2. The resources of the Earth are not only for us, we share this biosphere with other species, and so we take care not to waste or destroy them.
3. We should use the Earth’s resources with great care and should remember that we have a duty to leave this world in a better condition for the generations to come after us.
4. Human beings are one family, although we have our differences. Diversity is natural and beautiful. We should try to understand other people’s religions and cultures and we should be sensitive to their feelings and emotions.
5. The universal golden rule states, “Love for others what you love for yourself.” We should try to empower others and work to eradicate poverty, hunger, illiteracy, disease, and unsanitary conditions in the world in order that all people can live in peace and happiness.
6. Businesses should promote ethical and moral behavior in their corporations, as well as in the world at large. People involved in business should always be honest, truthful, and fulfill all promises and commitments. We must eliminate fraud, cheating, and cut-throat competition.
7. We should also promote more political freedom, open debates, participatory democracies, and representative governments.
8. We must encourage and support an educational system that promotes openness, dialogue and that guards against fanaticism. Our educational system should not teach every view in the absolutist terms. Our children should be taught about the multitude of perspectives and one should be open to other points of view.
Source: Zaharuddin.net.
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MZaidee,
Congratulations on a succinct, clearly organized and beautifully written post.
Your thoughts about business ethics reflect a great deal of common sense.
Personally, I feel that there are two key elements to business ethics:
(1) the impact element - companies should make every effort to maximize any positive impact which their operations have upon communities in which they operate, whilst minimizing any negative impact;
(2) The ‘integrity’ element - conducting business in a manner of fairness, trustworthiness and accountability when dealing with all key stakeholders.
Cheers
Andrew
There is really a lot more to say about this topic these days than ever before. I salute you for speaking out on it and making your site informative. Thanks