Business ethics demands, Business ethics demands that you

Business ethics demands

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Reference no: EM132264774

Business Ethics

Business ethics demands that you know and understand what is right and what is wrong. Hence, your business policy should clearly state your operating rules. Ethical business principles dictates that you use moral judgement and handle clients’ business with care; morality guide you against unlawful profits and abuse of customer information and anything that belongs to the customer.

Here are six steps that you should follow:

Moral standards deal with serious matters

Moral standards are preferred to other values

Moral standards are independent of authority

Moral standards are universal

Moral standards are associated with special emotions and vocabulary

We have a duty to treat others the way we would like to be treated if we were in the position of the customer or client.

So, as an e-business manager, should you sell customers information without their consent? Information stored from customers on your servers are your information to do as you please, do you agree or disagree. Elaborate on your answer.

Many businesses cut corners to increase profits. In many cases, cutting corners hurt the consumers. If taking a decision will increase your company’s bottom line, and the decision is unethical; however, it will not hurt anyone adversely. In fact, it will save your company from going out of business and save jobs for hundreds of employees. Should you take that decision? Elaborate on your answer.

Reference no: EM132264774

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