Business Ethics More Important Than You Think - 1577 Words

Cynthia Kowalski Mr. Flynn English 3, Period 8 30 January 2015 Business Ethics: More Important Than You Think There is no debate that building a business from the ground up is a difficult thing to do. Then, take into account all of the nuts and bolts, the little things that go into running a business. You have employees, inventory, stock, finances and everything that might slip through the cracks to worry about. Most importantly businesses have public perceptions. This very thing defines a business and how successful it may or may not be. The way the public reacts to business determines whether it will sinks or floats. There are two words, which if used correctly can change the fate of a company: business ethics. Ethics play a part in†¦show more content†¦However, Anglo American knew the gains they could make if they showed the public that they took the environment into mind. The company took a more expensive, less environmentally damaging way too mine and hoped that they would gain the public’s approval and it did (Business Ethics and Corporate Social Responsibility). As a m ining company they do impact the environment and their company is a model example of how you can act ethically while doing something others may deem wrong. Even though they took a more financially demanding path, they took ethics into consideration and the company gained more support from the public and even increased the benefits for local communities. To say the least, ethics can help gain support from the public, but it also can improve the work environment. Workplace ethics are a critical part in maintaining and raising levels of productivity and teamwork. As a leading expert in business ethics once said â€Å"Many ethicists note that it’s the developing and continuing dialogue around the code of ethics that is most important in a place of employment.† (Gebler). Like stated before, when coworkers know the code of ethics in the work place they can be more respectful of the rules and regulations that the company set forth. If a company make the ethics and morals of it known to their employees they are less likely to go against them (Russell). However all company’s don’t make their ethical ground known and they pay the price.