Final Research Paper Information
In Week 2, you will pick a topic and create a thesis statement. Between weeks 2 and 6 you will research and prepare an eight (8) to ten (10) full pages (excluding title page, abstract, and references) position paper in APA format addressing all of the following issues:
- Identifies ethical issues as they relate to the business environment
- Ethical Analysis – includes concepts, theories, practices, and social responsibility as relating to ethics
- Legal Analysis – includes appropriate legal theories, laws, codes precedents, and court cases
- Law. Ethics – liability versus responsibility
Week 7 Research Paper
2. Ethical Analysis – includes concepts, theories, practices, and social responsibility as relating to ethics
Thesis statement: Ethical analysis is a systematic approach that can determine the right moral or decision undertaken in a particular situation. Appropriately this helps to analyze a particular situation on a logical note. By the ethical code, to figure out the option to understand the effectiveness and moral values of ethics.
Ethical analysis is the principle to encourages one to take formation related to an accurate picture of the situation, while they can think through an effective method based on the decisions related to an act. Thus, business, which is made under the ethical analysis to get hold of the company to back on track to understanding the cases related to the co-workers or the supervision to perform unethical actions.
Concepts:
The basic concept of business ethics is based on the various needs, which are the profit margin, accountability, as well as the system that a firm is required to follow. Ethics is mainly focused on the freedom to select. Therefore, in the case of the ethical decisions which are made by an individual or a firm to learn their responsibilities related to the consequences as well as to understand their actions. Therefore, this involves the responsibility of a business firm which can be considered to be a key element to ethical action.
Ethical analysis is the primary facts based on the resources to relate the ethical cases taking place in the business firm. Based on the ethical case mentioned above the governmental factsheet. The government, thus establishes the rules as well as the laws to focus on entering a system that ensures a comfortable work environment while the employees are based on an organization. Therefore, the government has outlined the minimization within the workplace based on the requirement which manages or ensures equal ethics as well as fairness among the employees on making an ethical analysis to be the central moral issue, which often requires to be addressed in the case, includes a particular provision to learn about fair working without any discrimination taking place with a business. Thus, maintaining an ethical analysis ensures that every partner in the business should follow a particular rule to solely accept the profit made from the business law, without any discrimination made within the organization. While following an ethics often ensures providing significant morale to its employee for business development (Jakola, 2020).
The basic ethical concepts to frame u the consequences of the business law to remove any legal loss, are to be undertaken by the key factors like the responsibility. Responsibility is considered to be a key element to taking an ethical action. Thus, acting to accept the potential cost, duties, and obligations to make the decisions. Moreover, on the other hand, it is the accountability that is featured under the system of a social institution with a mechanism to take action to understand who is responsible. On the other hand, it is based on liability which is the feature based on the political system, which addresses the concept that permits recovery of an organization.
Ethical theories:
Eventually, ethical theories are based on the decision-making system that represents the viewpoints to seek guidance to make decisions. While the main concept of the ethical theories is mainly based on the primary factors, which lead to providing the provisions to make unified account obligations. Thus, it is attempted within the words, to tell a single story referring directly to a specified example. In case of business-related case scenarios, are based on business ethics to appeal to ethical theories in an attempt to clarify what is right and wrong based on a particular situation.
Therefore, the role of ethical theories in the business field is considered to be somewhat controversial, because, in the case of Business ethics, it can be identified as the branch of “applied ethics”. Some were regarded to be based on the applied ethics based on the field to take standards about the ethical theories as well as apply practical problems.
Ethical Theory: Kantianism
Based on Kantian business ethics, is based on the key version based on a broader ethical perspective known as deontology. According to the points, deontology is mainly focused on the ethical rules it is required to be followed as well as it can proceed with people’s privacy, as well as the rules which state respect based on other people’s rights to decide to live their own lives. Moreover, this implies taking up a certain action that is required to be prohibited.
As stated by Huseyinzadegan, (2022), in the case of the modern days mainly stated Deontology often manifests itself, which is likely to focus on human rights, roughly based on the ideas of certain things which must never be done by human beings. Based on Kantianism, which is based on philosopher Immanuel Kant, fetched a good idea about human being to be mere objects, related to a worthy aspect that is required to be treated. Kantianism is based on the obligations based on the business structure to treat all the person with respect. Therefore, this signifies the desire to achieve profit in the business field or to override any obligation while treating the people on a fair note and getting equal respect.
Moreover, the Kantian perspective is based on the best-understood matters, which can be examined in contrast with Utilitarianism, a system based on matters to focus on the ethical notes to learn about the good and the bad consequences of producingthe an action. Therefore, in case of a hard-core Kantian who would perhaps state about counting on the decisions based on the rules, which is grounded in respect of the person, as well as an important which remain incomplete. Therefore, in the case of such a system, the pursuit remains good with its outcome while they involve good ethics, compare to this, it talked about the balanced requirement as well as while learning about their behaviors. Thus, they have been lying to those people who have been manipulating them, as the seldom of the justifiable can simply pursue the individual about a good outcome.
Ethical Theory: Utilitarianism
Utilitarianism is an ethical theory that helps to determine the rights of something wrong while focusing on a certain outcome Moreover, this mainly focuses on the consequences which relies on the form based on consequentialism. Thus, this theory ensures that Utilitarianism holds the primary factor based on making an ethical choice for an individual to produce the greatest good to make the greatest number in the future. Utilitarianism can be considered as the ethical theory as this helps one to identify things that are right based on any situation related to the will “do the most good”, to take up into consideration interest as it is concerned with the different parties. In the business context, Utilitarianism implies the obligations based on the business structure to act to maximize happiness or minimize suffering. Therefore, Utilitarianism mainly provides the basis for criticizing business behavior that might cause harm to anyone. Thus, in the case of hard-core Utilitarianism which is based on the outcome of all matters, one can examine as well as they can understand the contrasting role with a right-based perspective (Marseille & Kahn, 2019).
Practices:
Ethical Business Practice (EBP) is created under a culture where the people are required to make the decisions as well as are allowed to act in a particular way to build a sustainable business platform. All that is required to be given is the care for all needs of all the stakeholders so that one can comply with the ethical and legal obligations. As stated by Gordon, (2020), the practices related to the business law ensure that the business firm follows the ethics so that none of the partners or the employees are to face difficulties, on the grounds of gender discrimination or discrimination on the racial grounds.
Practicing EBP acts like helping the organizational firm to make decision and actions to manage the group to be determined enough toresolvee fair working conditions involved ensuring that all employees to be treated equally. As a result, the management, of the business makes decisions producingresolve thatreplaysthatemployee peoplebeingsth that involve ensuringthatensuringinvolveto resolvethat that areplays toComparedinvolves thata that their duties provide the rules and actions relevant to the employees to follow the ethical rules and actions to abide by the organization for all employees. The different business practices are mainly based on developing ethical standards that are involvedfollow while ensuring the leaders exhibit proper behavior, to ensure diligent policies.
On the other hand, these are often based on praising positive behavior to promote community involvement. Thus, the practices that involvement in improving business ethics mainly follows to implement the appropriate business policies as well as the practices based on the regard to an arguable understanding to narrate about a controversial subject. These perceptions are required to remove the unethical behavior taking place in the corporate sector, which includes corporate governance, bribery, negligence of contract, or misleading the agreement. Thus, this involves discrimination, about social responsibility as well as fiduciary responsibilities.
Social responsibility as relating to ethics:
Social responsibilities are based on the business structure or a duty to maintain ethical decisions on a positive note, to give out a positive impact of the business to society. Therefore, organizations need to make a consideration based on looking forward to the actions that affect the communities while creating a long-lasting trusting relationship. Ferrell et al. (2019) give out the idea of social responsibilities, companies must strictly follow the code of ethics. In case of Corporate Social Responsibility refers to the understanding related to the business for all corporate citizens. Practicing corporate social responsibility mainly relates to an organization’s making an individual aware enough to learn about its impact on the society. Social responsibility is likely to be an ethical theory based on an individual who can make an accounting to fulfill an individual’s civic duty, to take all the actions while benefiting the entire society. Therefore, in this case, this actually creates an acceleration between economic growth and welfare to the society as well as the environment.
On the contrary, Saenko et al. (2019), stated that the social responsibility is under particular ethics to be followed in a business platform, which is known as corporate social responsibility which pertains the people to narrating about the organization to deal with the behavior conduct business ethics with a sensitivity formed towards the social, cultural, economics as well as based on the environmental issue. This includes the responsibilities which ofteincludees the different companies to reserve ethical practices, philanthropy responsibilities, environmental responsibility, or by promoting economic responsibilities.
Therefore the different social responsibilities based on ethics are as follows:
Environmental responsibilities: Environmental responsibilities, mainly refer to the organizational belief that should behave in an environment-friendly process. Thus, in case of the some companies based on the common forms based on corporate social responsibilities (Latif & Sajjad, 2018). Based on the companies which are used by the environmental stewardship which refers to an initiative.
Philanthropic Responsibility: Based on Philanthropic Responsibility refers to the business that aims at activity to the world as well as based on society to be a better place indeed. Indeed it refers to business ethics to be followed by a business firm that aims to actively make a world that is ethically and environmentally friendly, with possible organization driven by a philanthropic responsibility which is often dedicated as the portion of earnings (Zhong et al. 2022). For example, philanthropic responsibility mostly includes funding based on education programs, supporting health incentives, donating to a certain cause, or even supporting a community for certain beautifying projects.
Economic Responsibility: Economic Responsibility is the practice based on the firm making financial decisions with a commitment related to the goods while it is enlisted with the rates which are listed above. Therefore, the end goal can be simply registered to make a minimum profit, which positively, has an impact on the environment, the people as well as society (Latif & Sajjad, 2018).
Conclusion
To conclude the ethical analysis it can be noted that ethical analysis is required in the business form so that none of the business forms can continue to form any future arrival of unethical means like misleading a business law or misleading the legal rules or guidelines of an organization or firm, is unethical, this requires to be removed from the society, to bring out a situation so that people can follow the ethics and shall discontinue to any unethical responsibilities in business form. Thus, with the implementation of business ethics and social responsibility, which is concerned with the right to business ethics one can focus on the business structure, with the shareholders or the stakeholders. Therefore, on the other hand, social responsibility can be considered as focusing on the company’s impact related to the environment as well as based on the community.
References
Ferrell, O. C., Harrison, D. E., Ferrell, L., & Hair, J. F. (2019). Business ethics, corporate social responsibility, and brand attitudes: An exploratory study. Journal of Business Research, 95, 491-501.
Gordon, B. G. (2020). Vulnerability in research: Basic ethical concepts and general approach to review. Ochsner Journal, 20(1), 34-38.
Huseyinzadegan, D. (2022). Charles Mills’ Black Radical Kantianism A Plot Twist for Kant Studies and Contemporary Kantian-Liberal Political Philosophy. Kantian Review, 1-15.
Jakola, L. (2020). Ethical Concepts ‘in Search of a Meaning’: GH von Wright’s Broad Framework for (Contextual) Ethics. SATS, 21(2), 117-140.
Latif, K. F., & Sajjad, A. (2018). Measuring corporate social responsibility: A critical review of survey instruments. Corporate Social Responsibility and Environmental Management, 25(6), 1174-1197.
Marseille, E., & Kahn, J. G. (2019). Utilitarianism and the ethical foundations of cost-effectiveness analysis in resource allocation for global health. Philosophy, Ethics, and Humanities in Medicine, 14(1), 1-7.
Perrin, R. (2012). Pocket Guide to APA Style (4th ed.). Boston, MA: Wadsworth Cengage Learning.
Saenko, N., Voronkova, O., Volk, M., & Voroshilova, O. (2019). The social responsibility of a scientist: The philosophical aspect of contemporary discussions. Journal of Social Studies Education Researcoft includein, 10(3), 332-345.
Zhong, M., Zhao, W., & Shahab, Y. (2022). The philanthropic response of substantive and symbolic corporate social responsibility strategies to COVID‐19 crisis: Evidence from China. Corporate Social Responsibility and Environmental Management, 29(2), 339-355.
Zhurenkov, D. A., Poikin, A. E., Saveliev, A. M., & Berkutova, T. A. (2021). Methods and Approaches of Artificial Intelligence in Taxation Area in the Context of the Ethical System of Post-non-classical Scientific Rationality. IFAC-PapersOnLine, 54(13), 194-199.
