Personal and Business Ethics

Your assignment is to prepare and submit a paper on personal and business ethics. This has become possible only due to increasing regulations as well as the scrutiny from the stakeholders in order to avoid any unexpected organizational controversy or crisis. (Butcher & Clarke, 1999)Apart from business ethics, personal ethics also plays a critical role as to how the managers actually behave and act within the organizational settings. Organizational politics as well as other issues may force the managers to engage themselves in behaviors that can be unethical in their true nature without being considered unethical. The role of office politics ineffective management of the organization, therefore, is one of the issues which have come across many times in organizational studies to understand the relationship between the two.This paper will, therefore, explore the question of how important it is for effective managers to actually have an understanding of personal and business ethics in order to perform more effectively at an organizational level.Ethics are basically related to the moral obligations of the individuals, social justice as well as personal responsibility. As such the ethics, therefore, outline the characteristics of an individual as to how he actually behave and act within a given setting. Ethics are also referred to as one’s duty to other human beings and it even may require going beyond what one is supposed to act as per law. Thus ethics are something that supersedes the laws also and depends upon the overall nature of the individual, what characteristics he has and how he behaves and acts within a given setting in a manner that is more ethical for others.The study of business ethics and how managers and organizations apply the same to the business settings is an important aspect of how the organizations actually manage themselves.

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