Business Ethics Essay defines how a company integrates core values – such as honesty, trust, respect, and fairness – into its policies, practices, and decision-making. Business ethics also involves a company’s compliance with legal standards and observance to internal rules and regulations. Business ethics is, in part, the attempt to think clearly and deeply about ethical issues in business and to arrive at conclusions that are supported by strongest possible arguments.
Ethics is concerned with how a moral person should behave, whereas values are the inner judgments that determine how a person actually behaves.
Ethical principles are the rules of conduct that derive from ethical values. For example, honesty is a value that governs behavior in the form of principles such as: tell the truth, don’t deceive, don’t cheat. In this way, values give rise to principles in the form of specific ;dos; and ;don’ts."
In a business the ultimate goal is to achieve maximum profits. There are factors affecting at different levels of the business such as finance, technology, labor, and workflow in order to maintain excellence and growth of the company. In this paper, I want to demonstrate what ethical issues I faced working as a team leader for my company and how I approached the problem in order to solve it.
How to make decisions and also to find solutions without disturbing the environment of the workplace. Furthermore, I will concentrate on the notion of responsibility and morality.
Team leaders must master a broad range of business talents and also qualities such as team leadership, setting up weekly goals and overall management of the team. Successful team leaders must equip their organizations with the strategies, structures, and personnel to compete in a constantly changing environment. There can be a number of ethical dilemmas arising during the course of work. Let us discuss my role as a team leader and what problems I faced and how I encountered the problems and made decisions.
Just got promoted, as a team leader working with entirely new team members and handling altogether a new project was a challenge. The project was to build up an application on the server for a computer hardware company for recording all daily sales and purchase transactions and also record distributors information in the database. Before the start of the project , I arranged for the teams to gather several times so we could become acquainted with each other and understand each member’s area of expertise. After investigating all of the members’ skills, I created teams from small groups of volunteers, carefully distributing teammates so that their skills were equally divided among groups.
After a close study of the project, I found that one of my member in quality assurance department is presenting false test reports that everything is being tested in order to look better in the eyes of his superiors. Now this was a serious issue as I was responsible for the project done precisely and on time.
I could not overlook my team member’s behavior, but was it right for me to report his actions to the director? False reports could cause serious issues and complications in the project. The project was going to be active in two week’s time frame and the testing was not yet done, and if there were any mistakes it would cost a high amount to the company and would also affect is reputation. I then met with the head of testing department to discuss his behavior. He said that his actions were like everyone else’s, and that no one cared about inaccurate reports. He may have been right, but I did not find his argument compelling. He was slightly concerned about the director’s approval, but he appreciated my honesty and the efforts I was taking on his behalf.
There were two options: I could send an honest report exposing the member’s fraudulent reporting, or I could falsify report myself, thus protecting his career. Neither option was acceptable. To buy more time, I convinced the company manager to give me an additional week before .