Ethics of Business and Working Process

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Table of Contents

Introduction
General focus on the problem
Standpoints to be followed
Vital facts
Time as a stimulus
Works cited

Introduction

The paper reviewed gives current objectives in support of the popular fly-by-night tendency to treat and maintain business affairs focusing on the ethical part of them. Business world needs several rules to be appointed and followed by an ordinary manager to fulfill his ability to be strong and reliable in making decisions. The ethical part of working process within a company is a standpoint which is always at stake of a manager’s further development and success. The question concerning the point how much ethical is a manger comprises the facts of concrete actions and responsibility which was adhered to them.

General focus on the problem

While analyzing the strategic side of every case being at the core of a company’s annual design one should take into account following 9 points in order to work out the ethical approach:

The whole picture as of the case;
Principal ethical aspects of it;
Probable resolving variants;
Stating the desired result of every solution;
The effects to be influenced on the staff;
Personal making out of the positively evaluated features;
Weighty approach in comparison and in contrast between each value;
Pros of a case;
Cons of a case. (32)

Standpoints to be followed

All these standpoints characterize the detailed estimation of a professional manger while making several decisions and finding out possible solutions. In fact, it is the direct obligation of a manager “to mange” people and searching for optimal positive outcomes, so that a company could get various profits due to individual work and tactics of every manager.

Vital facts

Nevertheless, these standpoints are efficient in decision-making process when the situation complies with logical explanation and has factual background which a company experienced before. The point is that the cruel world of business affairs is full of speculative occasions in managerial prospects. “If we waited until we knew every possible fact, we would never decide or act.” (39) It is needful for a manager supporting his untarnished reputation to be thoughtful in attempts to assure his administration in person of a principal. Ethical approaches are vital here. Every criticism should, however, should obtain studied approval of all members of a personnel equal by the stratum.

Time as a stimulus

Another aspect for the effective ethical attitude of a manager towards work is his ability to react as fats as possible. When a person can make his mind quickly grab the main ideas within a raised problem, so he can surely make a rationally designed complex of measures to resolve above mentioned problem. Here the ethical approach applies to the concentration on the core of a problem in order to find out more than one way of reasonable solutions. Time approach concerns straightforwardly manager’s current level of experience. “Practice helps you establish your value judgments, further reducing the time needed to analyze future conflicts.” (40) Time is too important for busy people, because every single delay will cost then a pretty penny.

Works cited

The Resolved Strategy of Making Ethical Decisions, pp. 31-42.

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Ethics of Business and Working Process

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