Ethical Dilemma Business and Ethics Don't Mingle Essay

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Ethical Dilemma

Business and ethics don't mingle and according to popular belief they are two opposing forces. The goal of business is profit maximization and ethics are a body of rules that should guide any and all actions. Traditionally it is thought that ethics hinder rather than support the achievement of the corporate goals. However, in recent times corporations and the business world are more focused on the ethics. It pays in the modern world to be ethically sound and environment friendly because the law supports workers and consumers in case of unethical conduct of a corporation. The paper will look at an article about how a firm handled a serious ethical dilemma it was plagued with and it will analyze their decisions while also suggesting possible alternatives.

Introduction

Business executives looking to integrate ethical code of conduct in their corporate decisions need to consider two different codes.

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Firstly their own ethical principles and then the code of the corporation or the industry they are working in. Finally they would have to find a common ground between their own ethical stance and that of related parties: workers, partners and customers. It is the manager's job to ensure that their decisions are not harmful to the well being of any other human being. Thus making corporate ethics a difficult and complex science. The power that corporate culture holds in the world today makes the after effects of their actions far reaching and long lasting (Unknown 2006, May 1).

In 2008 Apple was faced by a lot of outcry about their labor practices in South East Asia, specifically China. The sales of Apple were at an all time high but its Annual reports highlighted a number of problems in the supply chain.….....

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"Ethical Dilemma Business And Ethics Don't Mingle" (2012, August 19) Retrieved July 2, 2025, from
https://www.aceyourpaper.com/essays/ethical-dilemma-business-ethics-mingle-81703

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"Ethical Dilemma Business And Ethics Don't Mingle" 19 August 2012. Web.2 July. 2025. <
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"Ethical Dilemma Business And Ethics Don't Mingle", 19 August 2012, Accessed.2 July. 2025,
https://www.aceyourpaper.com/essays/ethical-dilemma-business-ethics-mingle-81703
   

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