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Business ethics is a form of applied ethics, and this suggests a perceived image of the way in which business ethics should progress. The ethical theories most applied are either consequential or based upon moral obligations. Therefore it is hoped that these ethical theories will provide guidelines for appropriate behavior in specific circumstances faced by business organizations. However, according to some standard creating theorists, there are not very sure about the best way for business ethicists to move ahead. Some reasons proposed are merely symbolic because ethical theories are contentious and look like these are subject to flexible and level-headed differences. To earn the best grades in your Dissertation, Thesis and college assignments you should choose an academic writing service that will meet your best writing needs.

That said, it seems that trying to influence conclusions by arguing that ethics is not compromised by insider trading because of ethical reasons that are just as, or even more contentious would not be termed as ethically correct. Companies are well well aware of the fact that their reputation is depends upon the goodwill of its shareholders and stake holders and that all its operations should conform to local standards and international laws, rules and regulations. Their community comprises of people from all walks of life which include those living along the road on which the company’s vehicles move daily. The company manages its relationship on the premise of being an ideal commercial civilian. To ensure that its shareholders are pleased with its reputation, organizations produce a “Report of Society” every year which is both informative and accurate about how it is fulfilling its corporate social responsibilities?

Companies have fully authorized each of its major businesses to manage its ethical responsibilities within the framework of its own industry according to the laws, rules and regulations that are common to such businesses which are the “Good Citizenship Business Regulations. This shows its sincerity to its stakeholders about its commitment to financial, communal and educational comfort of stakeholders associated with its business which includes conformity with all government regulations and not indulging in corruption, treating employees in a fair manner according to implemented labor practices, equality in the workplace which include health and safety measures.

Protection of the environment by keeping waste and the burning of natural resources to he minimum possible to safeguard the organisms that are part of a specific ecological system and to minimize the effects of climate change. These values are applicable to all the stakeholders of the company because self-esteem is very important for the employees of the community. In large organizations decisions have to be taken in a systematic and rational manner so that the decisions taken can be logically justified. The decisions should be practically viable and should not depend on some vague concept of right or wrong. Because of this, the company depends on business ethical to rationalize its decisions.

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