Ethics in Business Research Paper Example | Topics and Well Written Essays - 3250 words

Ethics in Business - Research Paper Example I. Thesis Statement The main aim of the research paper is to investigate and analyze fundamentals of business ethics in light of ethical theories. The study of ethical theories provides guidance and support in solving ethical dilemmas and ethical issues emerging in business world. The thesis statement for the research paper is ‘to assess the fundamentals of business ethics in light of ethical theories and emerging ethical issues’ II. Fundamentals of Ethics There are primarily two fundamentals of business ethics-emphasis on concurrent solutions and ethical and Emphasis on concurrent solutions Business ethics emphasis on concurrent solutions through making use of ethical theories and judgments. The concurrent solutions form the fundamentals of business ethics as it resolves the situation in light of morally accepted ethical principles and values. The ethical theories have been propounded with the object of finding concurrent solutions of any ethical dilemma. The business e thics is an integrated phenomena aimed at evaluating the impact of ethical decisions on the society and as well as on business organizations (Jeurissen 55).This evaluation helps in fostering concurrent solutions suitable to the needs of both society and business organizations. Ethical decision making and reasoning Ethical decision making and reasoning are the most common fundamentals of business ethics. The ethical decision making framework and reasoning serve the basis of business ethics. It is due to reason that this framework evaluated the business situation in the light of morally accepted principles. This evaluation facilitates process of ethical decision making and testing whether such decision has the chances of applying or implementing in the business environment. The... The main aim of the research paper is to investigate and analyze fundamentals of business ethics in light of ethical theories. The study of ethical theories provides guidance and support in solving ethical dilemmas and ethical issues emerging in business world. The thesis statement for the research paper is ‘to assess the fundamentals of business ethics in light of ethical theories and emerging ethical issues’. The research paper emphasised on the thesis statement ‘‘to assess the fundamentals of business ethics in light of ethical theories and emerging ethical issues’ led to the conclusion that business ethics has been recognized and identified as one of the specialized branch of ethics. The business ethics throws light on the moral standards and applicability of such moral standards in the business organizations and behavior. Emphasis on concurrent solutions and ethical decision making and reasoning are the two identified fundamentals of business ethics. The fundamentals throw light on the emergence of ethical dilemmas and approach adopted by the business ethics in resolving such dilemma. The study of ethical theories also led to the conclusion that fundamentals of business ethics has been backed and supported by the ethical theories. The discussion of ethical issues regarding environment, international business and technology has led to the interpretation that business organizations need to take decisions and actions with the ultimate objective of welfare and development in the society. The business organizations are confronted with ethical issues at each and every aspect of their functioning. The ethical theories guides, directs and resolves such ethical issues to a wide extent.