Bus Workload 3012

Running head: COMPANY ETHICS

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COMPANY ETHICS

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Title Company Ethics

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Date

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Company Ethics

Ethics are a set of guidelines and principles through which an action can be judged to be wrong or right. Ethics in companies is very important. An ethical company is one whose actions are not destructive to the environment, do not exploit its employees in terms of wages and conditions or harm the consumers by producing substandard products or using manipulative tactics to maintain its market share and beat competition.Judgment of the ethics of a business may be approached from the consequential front, where the examiner analyzes the effect of the action of that company to its own self and to other people, concepts referred tp as egoism and Utilitarianism respectively. There are two main criteria used to determine whether a company is ethical or non-ethical. These are positive and negative criteria. Under the positive criterion we have a best of class and thematic investment approaches.

When measuring the level of company ethics, there are several important factor to consider these include integrity, treatment of employees, compliance with laws, and treatment of the environment. An ethical company shows integrity as it does not try in any way to swindle it employees or customers. Such a company will provide all the necessary information to customers about its future and their products. A company with high level of ethics also has respect for their employees, as these are the people who determine the existence and productivity of the firm. Such an establishment treat the employees with care and respect, motivating them to be more willing to work. An ethical company also complies with the law of the region within which it operates. An ethical company also treat its environment with care and seeks to make it better rather than pollute it. A company that does not respect its employees, does not take care of the environment, does not show integrity or disobeys the law is not ethical, as it goes against what should generally be done.

References

Creating a workable company code of ethics. (1990). [Washington, D.C.].

Dewey, J. & Tufts, J. (1932). Ethics. New York: H. Holt and Company.

Federal ethics handbook. (1981). Indianapolis.