Friday, June 21, 2019

Business Ethics Article Essay Example | Topics and Well Written Essays - 1000 words

Business Ethics Article - Essay Exampleclosely relates to the business issues cover in chapters 1, 3, 4 and 5. Ruud and Ruud (2011) explore different business concepts with great emphasis on ethics, law and how the business surround interacts with golf-club. According to Ruud and Ruud (2011), business ethics results from the society value and generally demands that businesses operate in profit-making activities capable of benefiting the society and not amassing wealth at the peoples expense. The article particularly discusses the changing trends in business ethic, laws and corporate genial responsibility in the global business environment. This paper explores business issues covered in chapters 1, 2, 3 and 5 and their link to issues discussed in the chosen article. Business Ethics and Good Life (Chapter one) Chapter one covers the concept of ethics in relation to the business environment and what entails good life in business. Good life is seen as the quest for pleasure and happin ess throughout the lives of many people. The values of the business world have been greatly influenced by the ethos of our society, and the values of the society values have as well influenced activities in the business world. According to Ruud and Ruud (2011), business values have emerged from societal values overtime in which such values are transferred into the business environment. ... Ruud and Ruud (2011) support the idea of society values influencing business ethos or values through the assertion that constantly changing societal values pose a significant challenge in the attempt of many businesses to sustain good relations with the society. Society and the business hardening up are inseparable with business ethos existing as guidelines to the coexistence between the business environment and the society. Finally, the concept of attaining good life in the business environment is easily achievable because it forms part of the business life. Business Life, Law and Ethics (Chapte r two) This chapter progresses with the discussion of ethics in the business environment, where the view of business as entirely pursuit of profits is widely disputed. The world of business is rather viewed as a community with communal values which guide its operations. Business is further seen as a tool for productivity and distribution of goods and services with the aim of benefiting the society at large. Ruud and Ruud (2011) hold similar views through the assertion that businesses must operate in ways that depict the best interests for the society. Modern societies favor businesses that pursue their profitability with clear social responsibility, thereby encouraging creation of socially responsible businesses. The magnificence of social responsibility in the society has seen the emergence of the corporate social responsibility. Corporate social responsibility forms part of strategic plans adopted in about every business organization due to the societal emphasis on the need for businesses to have the interest of the society at the core of their operations. Corporate social

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