Ethical Dilemmas Essay

674 WordsFeb 9, 20143 Pages
1) “Businessmen, we are told solemnly, should not cheat, steal, lie, bribe, or take bribes.” (Jennings, 48). To me, this is the essence of how business and ethics work together. Because a company has a social responsibility, as well as responsibility to its employers and employees, they have a duty to try their best to act in accordance to the generally accepted “rules” that govern ethical behavior. It can be tricky, as with any business decisions, a businessman needs to put the greater good of the company in the forefront, but hopefully, he would remain ethical while doing so. My best guess is that when profit is involved, it may be easy to rationalize unethical decisions, especially if they do not appear to be capable of causing a great deal of harm. The text also discusses bluffing as a business strategy. The potential for bluffing to be a somewhat personally unethical choice, appears to be accepted in the business world as a strategy that many people will utilize. That employees telling their boss yes, when they really want to tell them no, when the 'yes' may lead to the loss of a job (Jennings, 49). Although these ethical “fudges” are accepted by some, the text does say that “The problem is one of moral values and moral education of the individual, of the family, of the school. But there neither is a separate ethics of business, nor is one needed.” (Jennings, 48). To me, this says, that ethics in personal life, as well as ethics in business, remains constant. I also believe that for a business to maintain their ethical conduct, especially in this extreme for-profit business world, they are doing themselves, and society a favor. Pressure to deceive is discussed as something that comes into play with ethics and business. In the interest of the company, when negotiating deals, businessmen can be encouraged, simply want to, or experience pressures to deceive

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