BUSINESS ETHICS AND THEIR INPACT ON BUSINESS COMMUNICATION Essay

BUSINESS ETHICS AND THEIR INPACT ON BUSINESS COMMUNICATION - Essay Example Descriptive and analytical research methodology is applied in this research paper. The findings of paper are purely based on a code of business ethics which should be implemented in every single organization in objective and effective way. The subject of Ethics is from the subject of Philosophy. It is liable to addresses questions about morality and no doubt it is an important part of every one’s life. There are two levels of ethics; theoretical and applied ethics. Business ethics is one of the most imperative parts of the applied ethics. In this paper, I will try to discuss some of the major ethical philosophies that are applied to business ethics such as teleological ethics, utilitarianism, egoism, deontological ethics, etc. The purpose of this study is to represent which ethical approach is appropriated in business. Keywords: Ethics, Business Organizations, Code of Ethics, Ethics in business, Communication, Ethical theories.â€Æ' Introduction Governments of all countries of the world have either prepared a strong code of business ethics for the organizations to follow these codes to deal with the customer and to handle the daily activities of organization, or they ask business entities to schedule their own code of business ethics to implement it but this code of ethics must be within the rules and laws made by the government of that country. But the best method among these two is that government should itself prepare a strict code of ethics for the business entities to follow with the consultation of the association of business organizations. In this way, government will be allowed to look after the ethical affairs of business and to ask them to follow those ethical principles effectively, strictly and completely (Jalil, Azam, & Rahman, 2010). As the most brilliant creator of the Lord, we live to progress, to grow and to move ahead. All of us are in an age of innovation, where the free markets are getting rapid growth, a nd so the economy of the entire world. Latest technological products, roles of the government bodies, and every person on this globe is facing new challenges, exploring new opportunities for making growth, facing the demands from public and bearing the limitation. Most of the people are working to make their life error free and nations are working collectively having an aim of spreading freedom and democratic principles; to look after the free markets of the economy, to protect the individual’s rights, and to encourage respect for human rights, the rule of law, and the environment (Siltaoja & Lamsa, 2011). Every person wants to live in a good and well mannered society and this why a majority of people is worry about the ethics within the society. Any organization is related to each individual of the society and the entire economy. Behavior of an individual is a central to the business life and ethical principles have an important influence on individual’s behavior. For that reason, it is clear that the entire business is influenced by the individual’s behavior. Now each of the organization has completely or partially prepared their own code of ethics (Gulcan, 2011). Businesses on this planet are developing and apply ethics in their business dealings in order to address the legal, ethical, social responsibility, and environmental issues they face. If a business analyze and evaluate these problems in a more systematic way, it can improve its own business performance with ease. The ethical codes can also help expanding opportunities for growth, and contribute to the development of

See attachment Research Paper Example | Topics and Well Written Essays - 750 words

See attachment - Research Paper Example Taylor’s management theory espouses that if the amount of time and effort each worker expends to produce a unit of output can be reduced by increasing specialization and division of labor, the production processes will become more efficient (Taylor 1911). This theory assumed that employees are more motivated with more pay and confined communication to solely addressing the economic needs of a business organisation’s employees. Administrative management seeks to create an organizational structure that leads to high efficiency and effectiveness. Organizational structure is the system of task and authority relationships that control how employees use resources to achieve the organization’s goals. Among those theorists of administrative management were Max Weber (1864 -1920) and his theory of bureaucracy that espouses a formal system of organization and administration designed to ensure efficiency and effectiveness. Another was Henry Fayol who espoused that management and its function can be defined and communicated and therefore can be taught. This management theory introduced the structure in an organization and differed from Taylor’s Scientific Management in a way that it views the organization as a structure rather than an impersonal machine.   Henry Fayol   played a main role in the turn-of-the-century Classical School of management theory.  Fayol   believed that techniques of effective management could be defined and taught and that managerial organization hold as much importance as management as workers organization. He was the first to identify functions of management Behavioral theory of management espoused a theme that focused on how managers should personally behave in order to motivate employees and encourage them to perform at high levels and be committed to the achievement of organizational goals. Unlike the scientific management approach which only focused on the economic