Comparing Ethical Approaches Of Ethics Essay example

1152 Words Jul 21st, 2015 5 Pages
Comparing Ethical Approaches
Nigel Floyd
BA500 Management
Dr. Diane Hamilton7/21/2015
Grantham University

Comparing Ethical Approaches Ethics is about good or bad, right or wrong for a given situation, decision making or an action. It is difficult to define ethics in a precise way, but can be referred to as "ethics is a code of moral principles and values that governs the behavior of person or group with respect to what is right or wrong" (Daft, 2010). Organizations conduct ethical training programs to inculcate ethical behavior among their employees. The employees who are aware of ethics may not reveal confidential data of the organization. Ethical training seeks to help people understand the ethical aspects of decision making and to incorporate high ethical standards into a daily behavior of employees (Schermerhorn & Bachrach, 2015). The objective of ethical training is to communicate ‘code of ethics’ for employees. The ‘code of ethics’ is a formal statement of organization’s values and ethical standards. This paper briefs about different theories of ethics, and it also compared these theories. One of the ethical theories is applied in a real-time business scenario.
Ethical Approaches The managers can consider an ethical approach when they undergo ethical dilemma. An ethical dilemma is a situation that although offering potential gain or benefit, is also unethical (Schermerhorn & Bachrach, 2015). Managers need to take a lot of care when they are making ethical…

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