Wednesday, May 13, 2020

Op 10 Principles For Positive Business Ethics Essay

op 10 Principles for Positive Business Ethics By Philip E. Humbert | Submitted On January 04, 2005 Recommend Article Article Comments Print Article Share this article on Facebook 10 Share this article on Twitter 2 Share this article on Google+ 2 Share this article on Linkedin 2 Share this article on StumbleUpon 1 Share this article on Delicious 2 Share this article on Digg Share this article on Reddit 1 Share this article on Pinterest 2 This morning, I read about a company using on-line auctions to defraud customers. Last week, I consulted on an ethics complaint where a business coach betrayed a client s confidentiality. And, recently a Physician was convicted of insider trading based on information from a patient, a violation of both business ethics and her professional ethics. Business ethics are the key to profits. If clients and customers don t trust you, and your business ethics, they will not do business with you. Would you buy from a company you didn t trust? Of course not! Business ethics have become a hot-button topic. There are often ethical conflicts between making money, and doing what is right. There can be dilemmas about doing what is best for your employer, what s best for your own career, and what s best for the customer. Business ethics is about negotiating these mine-fields. Here are my Top 10 Principles for Positive Business Ethics: 1. Business Ethics are built on Personal Ethics. There is no real separation between doing what is right inShow MoreRelatedBUSI 601 Individual Learning Project 1 Essay3573 Words   |  15 PagesFitzer, personal communication April 7, 2014). For instance, although the organization is small in size through a partnership with a credit union network, it is able to provide general financial services at diverse locations throughout the country (CO-OP Financial Services, 2013). 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