Essay about 'the Environment Suffers Because Business Has No Ethics'. Discuss

Words: 1121
Pages: 5
Open Document
‘The environment suffers because business has no ethics’ discuss
Business Ethics can be defined as the critical and structured examination of how people & institutions should behave in the commerce world. Furthermore, it particularises the involvement of examining appropriate limitations upon the pursuit of complete self-interest; however, this may also apply for firm profits when the actions of each individual or firm affects others in some form. If the business really has no ethics, it can be concluded that the environment will suffer since the intention of business growth is far greater than environmental responsibility.
Straight on, business has a predicament either to maximise profits for shareholders or to have a moral …show more content…
Other utilitarian’s argue that the advantages of globalisation are outweighed by the disadvantages to welfare or to human happiness. Utilitarian environmentalists note such aspects as deforestation and the destruction of environmental diversity resulting from the mass production of cheap food in the developing economies for the developed world. Economically, would seem to be a good ethical approach. However, it isn’t as simple or clear cut as that. E.g. closing a polluting factory may be good for the environment but bad for the local community who will lose jobs. Whatever the business does is going to upset one group of people or another. Utilitarianism doesn’t always help here.
Another ethical theory is Virtue ethics which focusses on how to be good person and not let the environment suffer. It considers that business can’t be separated from society – business is part of the overall community. In business an individual cannot be ethical in a vacuum, but always as part of the ethical community. So a follower of Virtue Ethics would hope to show the characteristics of an environmentally good person and in business those of a good citizen so as to make for a harmonious society. This applies to the employers and employees who must show the virtues of character such as honesty, prudence, fairness and courage. If there is conflict between virtues such as honesty and loyalty, you should use your reason to find the most virtuous thing. Aristotle
Show More

Related Documents: Essay about 'the Environment Suffers Because Business Has No Ethics'. Discuss

Poverty and Pollution Essay

Pollution There are many reasons why a business chose conduct business in third world countries. Some would say for monetary reasons and others may suggest that there are fewer regulations regarding pollution control. This paper will take an in-depth look at poverty and pollution in third world countries and the ethical implications of polluting in these countries. It will also take a look at why pollution control standard are disregarded. The paper will discuss the assess connections between economic…

Words 1479 - Pages 6

Mgmt 597_Final exam final Return Essay

I do not think Joan can recover the total amount of $487 because Marge did not promise for it. The judge will decide based on the credibility of the witnesses whether Marge will have to pay. Since we are told that she agreed, the court will honor that agreement. Ref. Cheeseman, H. Business Law: Legal Environment, Online Commerce, Business Ethics, and International Issues, 7th Edition. [VitalSource Bookshelf version]. Comments: The statement about…

Words 3558 - Pages 15

Exam: Questions And Answers On The Business System

190 (91.1%) | | Question Type: | # Of Questions: | # Correct: | Short | 2 | N/A | Essay | 4 | N/A | | | Grade Details | 1. | Question : | TCO B. The "public comment" period closes on an OSHA proposed regulation, and your business had filed a public comment against the proposed regulation explaining that the regulation would not fix the problem that OSHA was trying to remedy, that the regulation would cost more than the problem itself, and…

Words 3135 - Pages 13

Assignment 2 Essay

Assignment 2: Employment-At-Will Doctrine LEG 500-Law, Ethics and Corp. Governance August 3, 2014 Employment-at-will is a legal rule that developed in the nineteenth century, giving employers unfettered power to “dismiss their employees at will for good cause, for no cause, or even for cause morally wrong, without being thereby guilty of a legal wrong” (Halbert, 2012). Likewise, an employee is free to leave a job at any time for whatever reason with no adverse legal consequences…

Words 1545 - Pages 7

Essay on What Are the Advantages and Disadvantages of High Levels of Executive Compensation?

challenging projects in order to promote companies growth and achieve business goals in the competitive business environment. Therefore, most corporations tend to provide decent wages and welfare to executives for their great contribution and irreplaceable value. Although the right executives deserve high compensation, some people suspect that it might bring the heavy burden and potential risks to the companies. This essay will discuss both benefits and drawbacks of high levels of executive compensation…

Words 1172 - Pages 5

What Is Consensual Relationship Agreement

the conclusion to the scandal which lasted over 7 months. Romance at the workplace is common, and it is a serious concern for the employers. Those dating employees are selected from the management team to fit in and perform in that professional environment instead of combining their personal lives with the profession. One of the biggest concerns that might be followed by the sour ending of the relationship is sexual harassment lawsuit. But if they really were in a relationship it would be a different…

Words 1662 - Pages 7

Salt Lake Olympic Bribery Scandal Essays

Many of the businesses argued that this was a necessary business expense and that without bribes American businesses would suffer in their ability to do business in a climate that would give foreign businesses an unfair advantage. Research, however proved that despite the fact that the payments which this bill would prohibit are made to foreign officials, in…

Words 8631 - Pages 35

Essay about Chapter 1 ....Introduction to Organizational Behavior

Introduction [chapter.1] Introduction to Organizational Behavior After reading this chapter, you should be able to • Define organizational behavior and give three reasons for studying this subject. • Discuss the potential benefits and challenges of an increasingly diverse workforce. Google has leveraged the power of organizational behavior to attract talented employees who want to make a difference in the Internet world. • Identify two ways that employers attempt to increase workforce flexibility…

Words 8032 - Pages 33

Capstone Case Study – Arthur Andersen LLP Essay

Project Capstone Case Study – Arthur Andersen LLP Bus 680 – Economics for Business Decisions Summer 2013 1. Discuss the environmental, strategic and organizational changes that occurred over the life of Andersen in the context of figure 11.1. While Andersen started off as a stable environment, once changes started being made to the main focus of the company many changes were expedited. While still successful in it’s auditing business, other opportunities arose that allowed for quicker and more dynamic…

Words 1848 - Pages 8

Essay on Notes for intro to management, topic 12

the ethics of a company and its managers are important to them, emTOPIC 12 ETHICS AND SOCIAL RESPONSBILITY ◊Explain the relationship between ethics and the law ◊Differentiate between the claims of the different stakeholder groups that are affected by managers and their companies’ actions ◊Describe four rules that can help companies and their managers act in ethical ways ◊Discuss why it is important for managers to behave ethically ◊Identify the four main sources of managerial ethics ◊Distinguish…

Words 6099 - Pages 25