Reference no: EM132780286

Question: Visit atleast two resources attached. Write short essay for two of them explaining what was learned and how it related to the topic selected. Topics: The second topic for our knowledge product will be "Ethics in Business."

For a business to be successful and maintain a strong reputation, it must use ethical business practices. In the pursuit of profit, too often, breaching the ethical boundary is presented as an option. But, when an unethical action is discovered, it typically becomes a significantly troubling time for the corporation in question. Understanding the boundary and what constitutes unethical behavior is necessary for a business to maintain a strong reputation and avoid the risk of questionable practices. The references for this topic are as follows:

Resources: What Is Business Ethics?

Definition, Overview, and Example - TheStreet This resource provides an excellent baseline to what business ethics is and a few examples of what constitutes a breach of ethical practices. While some of these seem inconsequential, I believe that knowing even the small parts of ethics is vital to grasp the concept. The Psychology Behind Unethical Behavior (hbr.org) This source gives exaples of unethical business practices, even a small as the behavior of the CEO! It is important to have multiple exaples of what unethical behavior looks like, because it is not always as grevious an instance as fraud or embezzlement. Small troubles could be indicators of larger integrity violations.

How do You Establish Positive Ethics in the Workplace? | TOG (theolsongroup.com) The third source foucses on establishing business ethics. Being aware of the negative aspects of business ethics is important. However, it is equally important to understand the actions that a business can take to make positive effects in the ethical environment. Do not forget to site and APA format.