ethical business essay

Essay on Business Ethics

Ethics are justifiable standards that describe what is wrong and right and stipulate what humans should do in terms of obligations, rights, fairness, societal benefits, and particular virtues. Ethical values guide the behavior of various individuals at professional, personal, and organizational levels. Business ethics is a type of professional ethics that assesses the moral values and problems that emerge in a business setup (Higgins-Desbiolles & Monga 2021). An organization’s culture creates a written or unwritten value and code of principles that commands its actions and decisions. Business ethics have various benefits for both the organization and the employees in various ways; for instance, it builds its reputation. The most crucial asset a business has and will strive to maintain is its reputation because it determines the company’s performance. With consistent ethical behavior, organizations build customer loyalty and attract customers and potential investors.

Additionally, having an ethical business nature increases the productivity of the company’s employees. When the ethical standards, values, and principles are stipulated, the employees adhere to them, making them fasten their decision-making process as they make the right decisions. Employees normally follow the behaviors they observe around them; setting ethical values and morals creates focus, drive, and supports honesty and integrity amongst the employees, increasing their performance level. Finally, having an ethical business environment boosts customer confidence. With a good reputation and customer relations, the company’s consumer’s attraction is boosted hence making more sales (TREVINO, 2017). There is various importance of practicing ethical businesses; for example, the company will attract more investors, build the reputation of the organization, retain good and productive employees and create a competitive advantage in terms of customers.

Unethical Business Conduct in Multinational Corporations

Samsung company.

Samsung group is a South Korean multinational corporation that produces electronic devices .  The company is recognized worldwide as an industry leader in technology and its specialization in electronics devices. According to THE VERGE, 2022, Samsung made sales above $150bn, marking history since its operations began. This made it fall in the top three of the best companies dealing with electronic devices. Due to the pressure on the company to meet the demands, the organization opted to ask its outsourcing organization (HEG electronics) to hire more workers and change shift timings for its employees. The company later acted unethical by hiring underage workers. Additionally, the company started interfering with the normal employee shifts and breaks.

Moreover, they employed underage workers that were underpaid compared to others. Other violations that the employees face included gender discrimination during the hiring process, unfair system of attendance, unfair reward and punishments in the companies system, labor contract, and remuneration system issues (Fletcher 2015, p 631). Being the outsourcing company for Samsung, the Samsung group was drugged into this controversy. Its name became attached to providing a poor working environment for employees, strict punishment and fines, frequent work injuries, gender discrimination, and low pay.

Bangka Island sources the tin that mobile phone companies use. The island was reported for mining unregulated tin, with more miners being underage employers. Samsung Company was also linked by the controversy of using these unregulated tins from Bangka Island hence not being transparent to its supply chain (Crawford 2021, p.37). It is not okay to employ underage individuals, overwork, and underpay them. It is not ethical to practice discrimination amongst employees of an organization because this demotivates and discourages them, increasing their low productivity rate. Organizations should provide a conducive working environment for employees for this helps them develop a form of security and senesce of belonging. Companies should treat employees equally, employ overage individuals and stop gender discrimination. Additionally, the organization should practice transparency in all areas to protect the company’s reputation and employees.

Nike is an American multinational corporation that deals with sportswear. It is the largest athletic apparel company globally which engages in designing, manufacturing, development and sales of footwear, apparel, accessories, and equipment. For the longest period, Nike has contracted various factories intending to get the best products with cheap labor. They are not concerned with the well-being of the contracted factory or companies employees. Nike has been charged with human rights violations which is an unethical practice that may affect the company’s reputation (Anon 2019, p. 20-38). The human rights violation charges that Nike has faced over the years include child labor, employee exposure to harmful chemicals, provision of unsafe working environment, and unsafe precautions and use of machinery.

The factories that Nike contracts for production promote human rights violations, and Nike assumes the claims. It is unethical for Nike to continue getting the benefits of cheap labor, not considering the employee’s wellbeing (Knorr-Cetina & Preda 2012, p.235-239). In Vietnam, Nike’s factories exposed employees to Toluene and other chemicals like glue without safety equipment, affecting their health and drastically reducing their lifespan. Employees were subjected to overtime working hours with no pay with threats of unemployment hence slavery. When companies inject slavery into their employees, their ethical code of conduct is compromised, leading to human rights violation (Knorr-Cetina & Preda 2012, p.235-239)s. It is not right to mistreat employees. Exposing employees to harmful chemicals and toxins cause death. After working tirelessly and producing the best, it is important and reasonable for the organization to pay employees equally without discrimination or issuing threats of unemployment in cases of resistance.

Violating human rights is an offense punishable by the law; therefore, the company should be sued for violating the rights of its employees (Knorr-Cetina & Preda 2012, p.235-239). Providing a conducive working environment for employees increases their sense of belonging and motivates them; however, when they are working in poor environments, their lives can be affected, and the company’s productivity level may be reduced. It is not right to treat employees as salves, for they contribute much to the organization’s performance. Nike should be responsible and considerate to employees of factories they contract. Additionally, Nike should not pay the lowest possible payment for their merchandise production despite subcontracted companies being third-world countries with cheap labor and a relatively low cost of living(Knorr-Cetina & Preda 2012, p.235-239). Nike as a company should have a social contract with society that will make them accept to pursue policies that will follow the desirable actions and add value to society.

Coca-Cola Company

Coca-Cola is an American international beverage corporation that engages in manufacturing, marketing, and retailing beverages. Over the years, Coca-Cola Company has experienced claims of unethical practices in different areas where they have built bottling plants, for instance, in India. According to (Ciafone 2019, p.236-245), complaints arose in India that Coca-Cola drinks contained high pesticides, harmful for human consumption. The community near the bottling plant complained of waste sludge disposed of by Coca-Cola as a fertilizer that has caused health issues and environmental pollution. Finally, the local villagers of Perumatti complained of water shortage since the opening of the bottling plant. However, Coca-Cola blamed the lack of rainfall in the region. Coca-Cola lacked transparency in its operations which is an ethical concern. It is not right to cause environmental pollution, and companies should operate in pollution-free environments.

It is important for companies to be transparent in their operations to help determine environmental problems that may arise in society because of their existence. Additionally, Coca-Cola should not violate human rights by injecting harmful chemicals into beverages consumed by its customers. To be in an ethical contact of business, the company should reduce the issue of environmental pollution by using recycled plastics. Moreover, the company should reduce water usage and recycle wasted and used water.

Ethics are set standard that governs the behavior of individuals. Business ethics is a practice in work environments that stipulates right or wrong. There are various important reasons why it is necessary to have an ethical business nature, for instance, building and maintaining customer loyalty and reputation and attracting potential investors. The various benefits of practicing an ethical business include increased employee productivity, quick and right decisions making procedures, and boosting customer attraction. Various multinational organizations have been spotted for practicing different unethical practices, for example, Samsung, Nike, and Coca-Cola. These companies have been dragged into controversies about unethical practices like employing underage individuals, gender discrimination, providing poor working environments, exposing employees to harmful and toxic chemicals, disposing carelessly of waste materials, overusing water causing shortage, and underpaying employees. There are various ways these companies can change these unethical acts, such as providing equal pay to their employees, fighting against gender discrimination, providing remuneration and a healthy working environment, reducing water usage and wastage, and focusing on activities that benefit the societies around them. It is of great importance to be ethical in operation, for it will build the organization’s reputation enhance potential investors’ attraction and customer loyalty development.

Anon., 2019. Addressing Modern Slavery. Sydney: UNSW Press LTD.

Ciafone, A., 2019. Counter-Cola a multinational history of the global corporation. Oakland: California University of California Press.

Crawford, K., 2021. Atlas of AI: power, politics, and the planetary costs of artificial intelligence. New Haven: Yale University Press.

Fletcher., 2015. International Marketing. s.l.: Pearson Australia Pty Ltd.

Knorr-Cetina, K. & Preda, A., 2012. The sociology of financial markets. Oxford: Oxford University Press.

TREVINO, L. K., 2017. MANAGING BUSINESS ETHICS STRAIGHT. s.l.: HOBOKEN JOHN WILEY.

Briski Law Firm. “Protecting Employee Rights for 25 years.” November 20, 2018. https://www.briskilawfirm.com/samsung-accused-of-refusing-to-hire-applicant-because-of-his-religious-beliefs/.

Max Nisen. “How Nike Solved Its Sweatshop Problem.” May 10, 2013. https://www.businessinsider.com/how-nike-solved-its-sweatshop-problem-2013-5?r=US&IR=T.

RILEY JONES. “Enes Kanter Calls out Nike for ‘Silence’ Over Human Rights Issues in China.” October 27, 2021. https://www.complex.com/sneakers/enes-kanter-calls-out-nike-silence-human-rights-issues-china.

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Business Ethics: Reflective Essay

The concept of ethics is very essential in the development of operational strategies in any business organization. Various decision-making procedures right from the time of recruitment of employees, defining the goals and objectives of the organization, designing the appropriate organizational structure, developing the organizational strategies, and integration of the strategies in the business operations all require ethical consideration.

This course on business ethics has endowed us with the ability to make ethical judgments when handling issues that often arise at different workplaces.

It touched on different issues that are encountered at workplace like discrimination based gender, harassment at work, alcohol and drug testing on the new employees in an organization, business and individual privacy, and the impacts that the operations of the organization has on the environment. However, ethics in business remains to have various controversies (Ferrell, Fraedrich & Ferrell, 2009, p.5).

Module 1 of the course had some of the most striking concepts encountered in the contemporary business world. The module comprised ethical consideration relating to privacy in business. Privacy has been regarded as a legal right of an individual for a long time (Frye, 2001, p.32). The current market is competitive and business organizations are striving to acquire or maintain a higher market position.

This is often achieved through the kind of relationship that the business organizations develop with the stakeholders especially the clients of the organization. A good privacy statement by a given business organization will strengthen the kind of trust that the clients have in the organization thereby retaining such clients (Zahorsky, 2011, para.7). Utilitarianism, one of the ethical principles, is illustrated in this module.

The principle asserts that an ethical act is that which yields the greatest amount of good for the majority in a given setting (Kay, 1997, para.1). The concept of utilitarianism is often difficult to comprehend in the normal context as the kind of the “goodness” it requires may not be defined explicitly. The other party may regard what seems good to one party as bad. However, in this context, it was very clear that establishing a private policy that protects the information on consumers was of benefit both to the organization and to the clients.

A good privacy statement will explain to the clients why the information concerning them is needed by the organization, how the information will be used in the organization, the individuals who will be allowed access to such information, and how the information will be protected from unauthorized users (Zahorsky, 2011, para.8).

It also needs to provide the clients with an option to decline to provide such information. Instantly, the need of modern technology is evident in ensuring privacy in business. Technology has been seen to improve privacy although a lot of care needs to be taken to bar the irresponsible users from mismanaging the systems.

The second module focused on ethical considerations on cases of discrimination witnessed at workplaces. This was also interesting as it focused on how ethics can help avoid cases of discrimination witnessed at workplace.

The third module presented what I viewed as some of the challenges that may be experienced when applying ethics in business operations. This module also focused on the kinds of discrimination at workplace and the best approach to avoid them. It emerges that certain situations will call for discrimination. A typical organization in a competitive market would always want to have good reputation among a wide category of individuals.

A good approach would be to ensure that different individuals are included in the workforce by considering different categories: gender, age, race, disability, or language group. Situations often arise when a role is available that may not be performed by an employee randomly selected from these category. In deed, there are circumstances that require one to acknowledge the differences like gender, race, and even disability (Hunter, 1992, p.6).

For instance, in the event that the available job requires lifting of heavy loads like large parcels, it may not convenient to hire an employee with physical disability or a female employee. The organization will be forced to discriminate based on these factors. Other situations may call for discrimination based on the language group in order to improve on the delivery of services to the clients. This area generated many discussions and gave me much trouble as these could be seen as violation of the rights of these minority categories.

Ferrell, O., Fraedrich, J. and Ferrell, L. (2009). Business Ethics: Ethical Decision Making and Cases. Seventh edition. South-Western: Cengage Learning.

Frye, C. (2001). Privacy-enhanced business: adapting to the online environment. Westport: Greenwood Publishing Group.

Hunter, R. (1992). Indirect discrimination the workplace. Sydney: Federation Press.

Kay, C. (1997). Notes on utilitarianism. Retrieved from http://sites.wofford.edu/kaycd/utilitarianism/

Zahorsky, D. (2011). Is your small business privacy friendly? Web.

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Ethics and Business Conduct

How it works

Ethics, often defined as "the principles of right and wrong that guide individuals in making decisions," play a crucial role in shaping moral conduct in daily life (Miller 184). From a young age, we learn to distinguish between right and wrong, gradually forming our own moral compass. While the law cannot dictate ethical decisions, society expects individuals to adhere to a moral minimum—a basic standard of ethical behavior. However, ethics are inherently complex, with each person holding their own beliefs about what is ethically acceptable. Need a custom essay on the same topic? Give us your paper requirements, choose a writer and we’ll deliver the highest-quality essay! Order now

• 1 Understanding Business Ethics
• 2 Profit Maximization and Ethical Challenges
• 3 Ethics in Hiring Practices
• 4 Conclusion

Understanding Business Ethics

Profit maximization and ethical challenges, ethics in hiring practices.

In conclusion, ethics serve as a guiding force in both personal and business spheres. The complexities of ethical decision-making demand careful consideration, especially in business where legal and financial implications are significant. A clear understanding of the distinction between legal and ethical actions is vital for businesses seeking to maintain integrity and foster trust with stakeholders. By prioritizing long-term ethical strategies, companies can maximize profits while upholding their reputations. In hiring practices, respecting privacy and fairness is crucial to maintaining ethical standards. As society continues to evolve, so too must our understanding and application of ethics, ensuring that we navigate the challenges of modern life with integrity and respect.

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Home — Essay Samples — Business — Management — Business Ethics

Essays on Business Ethics

When it comes to writing a business ethics essay, choosing the right topic is crucial. The topic you choose will determine the direction of your essay and the kind of research you will need to conduct. In this article, we will discuss the importance of choosing the right business ethics essay topic and provide a list of potential topics that you can consider.

Importance of Choosing the Right Business Ethics Essay Topic

Choosing the right business ethics essay topic is important for several reasons. Firstly, it will determine the scope of your essay. Some topics are broad and cover a wide range of issues, while others are more focused on specific aspects of business ethics. By choosing the right topic, you can ensure that your essay is focused and well-structured.

Secondly, the right topic will make it easier for you to conduct research. If you choose a topic that has been well-researched and has a lot of available literature, you will have an easier time finding relevant sources to support your arguments. On the other hand, if you choose a topic that has not been widely studied, you may struggle to find credible sources to back up your points.

Finally, choosing the right topic will make your essay more engaging for your readers. If you choose a topic that is relevant and interesting, you are more likely to capture the attention of your audience and keep them engaged throughout your essay.

Potential Business Ethics Essay Topics

Now that we understand the importance of choosing the right business ethics essay topic, let's explore some potential topics that you can consider for your essay:

• The impact of corporate social responsibility on consumer behavior
• Ethical considerations in marketing and advertising
• The role of ethics in corporate governance
• Ethical dilemmas in the workplace: A case study approach
• The ethical implications of outsourcing and offshoring
• Whistleblowing: Ethical considerations and implications for employees
• The ethical challenges of data privacy and cybersecurity
• Corporate culture and its impact on ethical decision-making
• Ethics in the supply chain: Balancing profit and responsibility
• The role of ethics in decision-making: A comparison of different ethical frameworks

These are just a few examples of potential business ethics essay topics. As you can see, each topic covers a different aspect of business ethics and offers a unique perspective for exploration. Depending on your interests and the specific requirements of your assignment, you can choose a topic that aligns with your goals and expertise.

How to Choose the Right Business Ethics Essay Topic

When choosing a business ethics essay topic, there are several factors to consider. Firstly, you should consider your own interests and expertise. Choose a topic that you are passionate about and have some knowledge of, as this will make the writing process more enjoyable and the end result more compelling.

Secondly, consider the requirements of your assignment. Some topics may be too broad or too narrow for the scope of your essay. Make sure that the topic you choose aligns with the specific guidelines provided by your instructor or the assignment prompt.

Finally, consider the current relevance of the topic. Choose a topic that is current and has real-world implications. This will make your essay more engaging and relevant to your audience.

Choosing the right business ethics essay topic is crucial for the success of your essay. Consider your own interests, the requirements of your assignment, and the current relevance of the topic when making your decision. By choosing a topic that is focused, well-researched, and engaging, you can ensure that your essay will be informative and thought-provoking for your readers.

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The Ethical Issues in Business

Introduction, recommendations.

Business ethics is a kind of ‘applied ethics’ that seeks to assess the ethical principles as well as the ethical or moral issues which have a potential of arising within a business environment (Hartman, 2004). The dawning of the 21 st century has resulted in marketplaces that are increasingly becoming ‘conscience-focused’, with the result that there has been a rise in the number of ethical business actions and processes being demanded for such marketplaces (Richard, 1999).

The issue of corporate social responsibility is a key aspect of the general business ethics that governs institutions. Under it, the ethical duties and rights of business entities as well as those of the society are debated. In other words, the corporate social responsibility, within the context of business ethical issues, sees to it that the businesses are mindful and considerate of the societies that are within the environment in which they operate. As such, there is a need for the coexistence of the two groups; if at all harmony is to be attained.

In the case of the company Q, the management appears to favor the plight and position of the business entities, while those of the society takes a back seat. While it is quite understandable that business entities are first out to make a profit and this without doubly is always given that first priority, nevertheless there is a need also to give back to the same society that has ensured that you succeed.

For the company is question here, it has had to close down some of their stores owing to an escalation in crime levels, and which appears to have targeted them specificity. The fact that the society prevails on the chain stores to resume operation is an indication that they recognize this particular company (Q) as part of their community.

On the other hand, the company now starts selling food items that though they may be organic and hence health-conscious, ends up being too limited in supply. Additionally, they are of a higher margin, and this is a testament to the fact that they company is still prioritizing of maximizing profits, perhaps to recoup what was stolen from their stores prior to their closing the stores.

Even when the members of a charitable organization approaches the company to donate a day old food that is in the process of being thrown away, the company cites the ensuing loss, and throws it away. Even if they are to go at a loss, would it not be unethical to let a people go hungry, while you throw away food that would have come in handy? In any case, a loss was bound to come anyway, seeing that the food was not fresh enough to be sold.

While it is understandable that some of their employees, as the company management puts it, could use the chance to engage in fraud and stealing episodes, all in the name of donating food, still this does not justify denying needy people a chance to get food.

One area in which company Q needs to enhance its corporate social responsibility and a consequent attitude towards the same is by ensuring that they have participatory activities that engage the local community. For example, they could initiate a communal environmental cleaning up program that incorporates both their employees and the members of the community. This way, they shall seek to solidify their trust in the eyes of the society, who in return shall have faith in the company.

Secondly, the company could also create some kind of part-time casual jobs for the unemployed members of the community. Such a gesture would thus ensure that they unemployed, and especially the youth, have a source of income, thereby curtailing theft episodes. Another recommendation to the organization would be to engage their employees and management in team building up programs that shall assist the two groups to bond.

This way, they shall solidify their trust and association, and the management shall no longer have to worry about stealing and fraud episodes by their employees. It could also be recommended to the organization to engage the services of an ethical officer, who will be charged with the responsibility of handling corruption and fraud cases.

Being directly answerable to the organization’s Chief Executive Officer, an ethical officer is often in-charge of evaluating the ethical impacts of an organization’s activities, offering recommendations with regard to the ethical policies of an organization, and a dissemination of related information of the organization’s employees (Milton, 1970).

Moreover, in the event that ethical issues crops up in an organization, such ethical officers will be responsible for uncovering these, as well as a prevention whenever possible, of the same.

Hartman, L. (2004). Perspectives in business ethics . Burr Ridge, IL: McGraw-Hill.

Milton, F. “The social responsibility of business is to increase its profits” The New York Times Magazine, 1970. Web.

Richard, G. (1999). Business Ethics. Web.

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