paper#2

AG 4010

Li Chia Chen

Paper #2 Worksheet

1. Describe your future career objective. If you want to own a business, please describe the type of business.

 I plan to own a restaurant in the future. Owning a restaurant will help fulfill my career objective because it has always been a great joy seeing people living a healthy life. My restaurant would focus mostly on providing natural foods and gym services to its customers. To remain relevant in business, I would embrace business ethics because ethical leadership creates customer loyalty. The ethical codes that I would embrace are discussed below.

2. Create and briefly explain the code of conduct you are creating for yourself in this future career or the code of conduct for the company you intend to own and run (should be approx. 5-10 codes with a brief explanation):

1. Honesty: Honesty is a great aspect of moral character that creates a strong bond between a business and its customers. Practicing honesty creates trust in your customers and a positive image of the business (Airlines, 2018).

2. Integrity: Integrity is the virtue of standing with the truth and being uncompromising when dealing with situations. Integrity helps people rise above hypocrisy in the workplace. Having an integral employee would help my business to serve its customers better.

3. Fairness: Fairness is the act of treating everyone equally. Treating all your employees fairly creates teamwork in the business because everyone is engaged in the operations of the business (Halinen & Jokela, 2016). Engagement motivates employees to improve their output.

4. Promise keeping: Keeping promises is a moral obligation of every business. You should avoid being casual with promises because failing to fulfill them shows a lack of commitment.

5. Law-abiding: Every business needs to abide by the legal framework of the country. Law creates a legal business environment. Being law-abiding improves the overall image of the business.

3. Which ethical theory categories do the codes in #2 above fall into (please discuss 3)? Remember you do not have to relate every code to every ethical theory you chose. However, you should relate/apply each code to at least one of these ethical theories listed in a, b and c below so that at the end of the paper, you have applied each code to at least one ethical theory once. You may pick from:

Hedonism

Desire Satisfaction Theory

Divine Command Theory

Natural Law Theory

Ethical Egoism

(NOT Psychological Egoism)

Consequentialism or

Utilitarianism

Kantian Ethics

Virtue Ethics

Social Contract Theory

Ethical Relativism (can include

Cultural Relativism)

1. 1st Ethical Theory:________________ virtue ethics __________________

i. Which specific code(s) does this relate to? List the code # here:_____1,2_____

ii. Briefly discuss how this theory relates to one or more of your codes in #2 above:

Honesty: It is the responsibility of every virtuous person to do the right thing. Telling the truth should be a moral obligation for everyone.

Integrity: It is a moral obligation of every person to practice integrity everywhere. People do not have to observe integrity only when it benefits them.

2. 2nd Ethical Theory: _____________ utilitarianism theory ______________

i. Which specific code(s) does this relate to? List the code # here:______3________

ii. Briefly discuss how this theory relates to one or more of your codes in #2 above:

Fairness: According to utilitarianism, actions should be taken to achieve a common good for the majority. Being fair gives everyone equal treatment to benefit from the organization (Halinen & Jokela, 2016).

3. 3rd Ethical Theory: _______________ Social Contract Theory ________________

i. Which specific code(s) does this relate to? List the code # here: ___4,5__________

ii. Briefly discuss how this theory relates to one or more of your codes in #2 above:

Promise keeping: When you make a promise as a business person, you enter into a contract with society. It is not enforced by the laws of the land but you are obligated to fulfill it since you made it to the society.

Law-abiding: As a business, the law regulates conducting business. However, there are chances of undercutting and avoiding these laws. Therefore, it is only good to abide by social contract so that you can follow the law for the benefit of society.

References

Airlines, E. (2018). Code of ethics and business conduct. Retrieved in Dec.

Halinen, A., & Jokela, P. (2016). Exploring ethics in business networks: Propositions for future research. In Extending the Business Network Approach (pp. 333-356). Palgrave Macmillan, London.