Ethics Matter At An Organization Bottom Line

Ethical issues are becoming very essential and critical topic for examining the organization’s performance. According to Chang, (2011) nowadays, every organization has realized the vitality that ethical functionality gives to a business and need of attention to this emerging responsibility of organizations.

Organizations that behave ethically are more apt to earn the trust of their customers, employees, and stockholders. Then there are companies that hide the true value of the company from possible investors, customers, employees, and the public at large showing a lack of ethically behavior. This does not all the time included just one company, but a group effort to hide, steal, and mislead everyone for personnel gains. Everyone that deals with any organization expects the upmost ethically behavior on all levels.

Effects of products/services and in relationships with stakeholders. That attention to business ethics is critical during times of fundamental change -- times much like those faced now by businesses, both nonprofit and for-profit. In times of fundamental change, values that were previously taken for granted are now strongly questioned. Many of these values are no longer followed. Consequently, there is no clear moral compass to guide leaders through complex dilemmas about what is right or wrong. Attention to ethics in the workplace sensitizes leaders and staff to how they should act. Perhaps most important, attention to ethics in the workplaces helps ensure that

Everything in life has a trade off. "Ethics is defined as the moral principles that govern a persons behavior." Ethics is constructed by society, and personal values, the purpose of code of ethics is that it gears all organizational conclusions, creating a groundwork in which all conclusions are drawn. This can benefit to build a sense of barriers through the organization. A well thought out code of ethics can assure a companies standing. Looking at the world of business and ethics, it is clear to see that there are many possible tradeoffs. One can be loyal to the company, and not have the best success, or one can be deceiving and manipulating in order to become rich and successful. The motivation for researching this topic is to see how the

Ethics are need in organizations like mine so people will not take advantage of other co-workers and the customers. People in these companies sometimes treat the worker unfairly and will not pay them for their worth. They work long hours and get no compensation. Some companies like ENRON cheat people and cause problems globally because of the different investors that have invested in the company. The individual loses their job, the organization suffers in

When an organization is not ethical, this will be seen through their work, employees, etc. A customer will lose confidence in a company quickly if they realize ethics are not a main priority for that particular business. If an organization wants to be in business for the long-run, they will realize their priorities should not be on getting rich quick but on setting standards and maintaining them; by following this rule, customers will continue to roll in, and the company will prosper.

Every company should have a code of ethics, because it maintains the company’s values, culture, and reputation. It communicates to employees that the company is committed to doing business responsibly. It also guides employees’ conduct and how they should interact with each other, customers, vendors, contractors, and the general public. Code of ethics set clear standards and expectations for employees, and if everyone in the company adheres to these policies, then the company will create a culture that reflects the code. Companies with code of ethics also show that they are committed to integrity and social responsibility, which in turn will make their customers feel more reassured, and help with the company's bottom line as well as protect the company from potential liability.

This presentation is on the organization integrity and social responsibilities. As the leaders of the company, if we “act unethically and/or without integrity” (Ross, 2009, para 1), our employees will lose confidence and trust in our organization, however, if our employees do the same than our customers will “lose confidence and trust in our products and services” (Ross, 2009, para 1). For example, Intel had issues with its Pentium chip. They used unethical practices, which consisted of a five-point plan. This presentation will discuss the following:

We should subscribe to the schools of thought of Sun Tzu, Niccollo Machiavelli and Robert Greene in which victory is prime ideal above all else and discard all pretense of ethics. Sometimes I am tempted to think it a case of survival for the fittest and all the values I learnt as a child don’t really

(Panza & Potthast, n.d.) Ethics is very important to a company’s success. Ethical behavior can bring benefits to a business. They can attract customers, which can lead to a boost in sales and profits. It can attract the right employees and increase productivity. It can also attract investors and keep the company’s share price high. Unethical behavior on the other hand can damage a company’s reputation and make it less appealing to stakeholders. It could also result in lower profits.

Ethics are the foundation of an organization. They are what guides an organizations employee behavior, policies and business decisions. The reputation and success of any organization is heavily tied to their ethical climate. It is important that organizations understand the correlation between acting ethically and organizational success. According to Kreitner & Kinicki a staggering eighty four percent of Americans said that if price and quality was similar, they would change their allegiance to an organization that is associated with the most worthy cause (2013).

Ethics involve an individual's moral judgments concerning what is right and/or wrong. Individuals or groups of people are responsible for making decisions in an organization (shaw, 2008). Decisions within the organization are always emanate from the company's culture. However, the decision to act ethically and morally requires an individual judgment. Thus, members of staff are obligated to make decisions that reflect their right course of action (shaw, 2008). This involves rejecting the option that could lead to the greatest short-term gain. The leadership of most organizations stresses the need to adopt ethical behaviors and corporate social responsibility. Ethical dealings can earn the organization various benefits. For instance, it may attract more clients to the business thus boosting sales; employees could be motivated to stay longer in the organization thereby reducing recruitment expenditures. Ethical behaviors could also earn the business a favorable reputation that could attract investors. Categorically, a lack of social responsibility or unethical behavior may hurt the firm's reputation and scare away investors. Sales and profits could fall in the process.

The future belongs to organizations who connect better with their employees and customers. Treating employees ethically can reap long-term employee loyalty and trust, which carries an array of distinct benefits to employers. Loyal employees achieve more experience working with their employers, letting them direct production processes and completely understand the workings of the organization. This effectively increases employees ' efficiency over time and adding

In the workplace ethics increases the chance for more positive results. Honesty is a trait that is learned and when mastered, could help benefit an individual or company. Without ethics chances are constantly taken, leaving unknown results. These results could leave a company with outstanding profit gains or bankruptcy. The reason ethics is important in the workplace is because it will allow every worker who contributes to the production of the company receive proper recognition and reward, if any, based on that workers contribution. Here is Debbie Jones’ story.

Preceding the discussion of ethical and legal issues facing organization. I will briefly explain the significance of ethics in an organization and why entire organization (employers and subordinates) should take it seriously. Ethics affect the level of morale of subordinates in the organizations hence positive ethics in an organization create a positive environment which in turn increases productivity since employers have enhanced morale. As a result of increased productivity, this in turn maximizes the profits of the organization. Or it may even be better, by boosting the efficiency of the organization. More employees are retained meaning less