Business Ethics And Sustainability: Management Issues Approach Essay

Question:

Discuss about the Business Ethics and Sustainability for Management Issues Approach.

Answer:

A corporation can be moral with good ethical framework. With realistic goals, proper planning and management, every organization can be moral. The employees can be trained and work up to the standards. The company must also be honest and fair in all business dealings that would help in creating a sterling reputation increasing sustainability (Ferrell et al., 2015).

A company is an artificial person created by law and it does not possess physical attributes of a natural person. However, it cannot be treated as a fictitious entity as it exists in reality. The managers or executives handling the company are conscious and have to make decisions about the right and wrong path. Therefore, the acts are undertaken knowingly and with a purpose (Weiss, 2014).

An organization can be held morally and ethically responsible for an action. An organization shall be held accountable for its actions if they follow a strict code of conduct. However, individuals in the organization may be held accountable for their deeds if it violates ethical grounds. It is argued that a company can be held morally responsible and accountable for its actions despite unsatisfactory conditions of personhood (Weiss, 2014).

For businesses, every act is either right or wrong. Legal is not always ethical. There may be a few behaviours that the organization would not want to accept. If an organization is trying to justify some profitable behaviour which may be unethical in nature, but is not yet illegal shall put the organization in a dilemma (Ferrell et al., 2015).

References

Ferrell, O.C., Fraedrich, J., & Ferrell, L. (2015). Business Ethics: Ethical Decision making and Cases . Boston, Mass.: Cengage Learning.

Weiss, J. (2014). Business Ethics: A Stakeholder and Issues Management Approach. San Franciso: Berrett-Koehler.

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