Ethics and Business in Your Organization

Ethics and Business in Your Organization

The difference between business ethics and personal ethics is that business ethics typically includes all perceived moral standards. While personal ethics only pertain to a particular person. Additionally, personal ethics can vary from person to person because there are various influences from their social experiences, culture, etc.

For example, some cultures believe it is wrong to kill animals for food. While other cultures value certain animals considered the next level of domestication. Business ethics and personal ethics are completely different from each other, however. Business ethics pertain to how a business operates, while personal ethics pertain to how individuals feel about it.

Applied ethics and business administration are the same things, with the main difference being implementing these principles:

  • Applying these ethics can either be done internally or externally. The first step to applying ethical principles in business administration is to have good communication among employees and managers or hire the best business leaders. To ensure the highest level of ethical conduct.
  • An example of a morally right decision would be to refrain from violence against others or not steal. A more difficult decision would be to discriminate against certain individuals based on gender, race, religion, or ethnic background.
  • There may also be an ethical issue in product marketing; for example, it would be morally wrong to advertise products that end up causing harm to the environment. Such as irresponsible resource consumption. In this case, a business must address this problem by balancing socially responsible advertising and economically beneficial marketing.

Different kinds of ethically right behaviours:

In terms of ethics and business, human resources are where you can learn about the different kinds of ethically right behaviours. That your employees can display in the workplace. Human resources also involve understanding the different kinds of morality and how to integrate them into the business. An example of such behaviour would be showing respect to co-workers, customers, and superiors. For businesses, human resources is an aspect of ethics that involves workplace etiquette and courtesy.

Aside from the workplace, personal ethics code will also play an important role in personal life:

For instance, a family member might recommend unethical behaviour, which could later be used against them in court. So, you must be aware of the various situations that could lead you to violate your personal ethics code. However, if and when such a situation arises, it is still best to resort to your personal ethics code.

Ethics and applied economics is yet another field where business ethics and applied economics play a vital role. In applied economics, the study and application of the economic principles and practices. This includes property rights, free trade, financial decision making, monetary policy, fiscal management, and national power.

While these principles are primarily based on classical political economy:

Applied economics considers current day problems and potential problems in the future. As applied economists are concerned with the way money and credit affects production, business ethics and applied economics are interdependent.

Study of ethics and business:

The study of ethics and business often involves understanding what ethics and business mean to employees. Studies show that unethical behaviour by employees can significantly decrease the productivity of companies. Thus, you must include ethics training for all employees. Apart from offering a better working environment for your employees. A good ethics program can also boost your company’s reputation as a reputable employer.

When dealing with ethics and business ethics:

It is important to understand that the two concepts are interdependent. While certain behaviours allow in one setting, they may not be in others. Therefore, it is necessary to tailor your organizational environment to consider the different situational needs and demands.

For instance, some companies allow their employees to smoke while others prohibit it completely. The same is true for alcohol consumption. You must make sure that the ethics and business ethics of your organization are consistently followed.

Business ethics and social responsibility

Ethical issues in the social responsibility i.e. inhospitality sector encompass a wide variety of issues within the ethical Cpntacy of an organization. These include but not limits to the social responsibility of business ethics, anti-discrimination policies, and guest relations. The hospitality industry is quite complex, and this complexity encompasses a wide variety of different topics. Within these broad topics, some sub-topics deal with specific aspects of the industry. One such sub-topic is the social responsibility of business ethics.

What about the social responsibility of business ethics?

The social responsibility of business ethics revolves around issues that affect the tourism industry in general. Issues that directly affect tourism are ethical issues. Such as employee treatment, the price for tourism products, and issues that affect the environment. Additionally, social issues that directly affect the tourism industry can be in the form of human rights, such as workplace conditions, discrimination, and abuse towards guests, and tourist’s cultural practices and rights.

Human right is an ethical issue in the hotel industry that affects both employees and hotel guests:

It focuses on ensuring that all employees in the hospitality industry treat fairly. And that the workplace is a safe environment for all employees. Another facet is ensuring that the workers have a decent vacation, work-related stress, and health benefits. Staying within the law’s guidelines in terms of the social or ethical issues in the tourism industry can help alleviate any potential social issues that arise. In addition, the industry as a whole is a large part of assisting in ending poverty in developing countries through things such as employment and the provision of a nutritious and clean living environment.

Anti-Discrimination and Human Rights laws:

It has been placed at the forefront of the hospitality industry. Due to the high levels of diversity within the industry. This represents a responsibility on each franchisee/franchise owner to provide a humane and comfortable working environment. All individuals should be expected to respect the rights of others and maintain a professional and courteous environment. Sticking to the rules and regulations can help to ensure that there is no illegal discrimination or abuse of any kind. Sticking to the law letter can help alleviate any potential issues that might arise and can prevent any potential harm from occurring.

Not only are ethical issues in the tourism industry for employees:

But they are also for guests and residents of hotels, motels, and hostels. Hostels, particularly for children, are where crime occurs, including theft, child abuse, and sexual assault. Staying in a child-friendly hotel can go a long way to preventing problems of this nature. If you pay any fee to stay in a specific establishment. You expect that it is done in a safe and secure environment. The same goes for staying at a vacation home or any other kind of rental property.

Ethical issues in hospitality:

Many of the ethical issues in hospitality start, of course, with the people running the establishments themselves. They need to uphold both the hotel’s and the guest’s ethical principles to operate successfully.

  • That they do not discriminate against any specific group of individuals, such as veterans, the disabled, the old, the young, and those of a different religion or culture. They should also make sure that they do not discriminate based on age, race, sexual orientation, marital status, or any other basis that might be considered suspect by most of their customers.
  • While the hospitality industry is primarily focused upon entertaining tourists and guests, ethical issues in tourism involve issues that extend well beyond that. Often, the issues related to tourism run deeper than the problems that guests may encounter on their visit. For instance, when a business associate is travelling to a country experiencing political turmoil, they must make sure that they do not aid in the political propaganda of that government.

Conclusion:

By helping to bring more tourists to a troubled country, they risk contributing to that country’s failure. This is why the hotel and other hospitality businesses need to ensure that they are not supporting a particular government or political party. They also need to make sure that they are not providing financial support for things like opposition groups guilty of human rights abuses. If they are found to be doing so, the tourism organization could face a whole range of legal actions, fines, and repercussions. As you can see, ethical issues in hospitality are bigger than one may initially think.

Read More:> Business Ethics and its Importance

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