What Are the Consequences When Individuals and Societies Disagree on Ethical Standards and Behavior?
The word "ethical" is often used interchangeably with the word "moral," although both words also have narrower and more specific meanings (e.g., "ethical" may refer to an issue such as conflict of interest in political settings; "moral" may refer to an issue such as sexual conduct as well as very broad and undefined meanings referring to human values in general). It is difficult, perhaps impossible, to define precisely what these words mean.
Our institutions have become more diverse. This is true in regard to easily recognizable differences, such as race and age, but also in terms of hidden differences, such as culture and disability. Care must be given to the reexamination of values and perspective,and how these influence so many ethical dilemmas. We must understand that values are acquired in childhood and manifest themselves on our campuses as permanent perceptions that shape and influence the nature of our behaviors. Values involve emotion, knowledge, thought, and ultimately choice of response. Values vary between individuals and, because values govern behavior, they color the way individuals view and respond to their world. It is important to understand the impact values have on choice. While values can, and do, change over time, they represent a significant component of personality. It is through individual values that culture is defined, and provides broad social guidelines for desirable standards. Generally described as normal societal standards, or norms, values influence how people make choices.
Is it possible to maintain ethical behavior? Maintaining ethical standards is possible and crucial for every business through corporate efforts and holistic management approach. This research paper critically analyses ethical behavior in business, how it can be realized and nurtured among other issues commonly discussed in the context of the topic.The concept of ethics is well described with reference to philosophical approach of thinking and defining human behavior and how we make decisions based on what we believe and accept to be morally right. Although such decisions may be made independently, they may have far-reaching impact on individuals or the entire group of people involved. Importantly, decisions in business are not only governed by rules and regulations but also by ethical practices that may have been nurtured for years by an organization or business (Boatright, 2009). This is usually aimed at promoting fairness and equity in ensuring that business activities are carried out within the confines of moral standards.
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