To measure the impact of motivation at work, Tremblay, Blanchard, Taylor, Pelletier, and Villenueve (2009) used Work Intrinsic and Extrinsic Motivation Scale (WEIMS) to identify its value in organizational psychology. In summary, I can suggest the following reasons why a good understanding of business ethics is important.
In summary, I can suggest the following reasons why a good understanding of business ethics is important. Our human will build a perfect world. It is very difficult to achieve the goal, but all the companies have to try their best to do it. For instance, one recent poll of more than 20 leading economic nations revealed that almost 75% of residents believed large companies had too much influence on the decisions of their government (Cywinski, 2008).
According to Edward Staren (2009), motivators who implements positive reinforcements are more likely to produce desirable outcomes as compared to those who use negative ones. The case study researched a true-to-life lawsuit filed against a company due to inappropriate team building exercise implemented among the female employees. Some of goals such as ensuring environmental sustainability, eradicating extreme poverty and hunger and achieving universal primary education. We're here to answer any questions you have about our services.
Making a positive contribution to society might be regarded as a long-term investment in a safer, better and more equitable community, which subsequently benefits the corporation by creating an improved and stable competitive context in which to do business (Porter and Kramer, 2006). According to my research, there are many reasons why business ethics might be regarded as an increasingly important area of study.
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But if they do not have a good relationship, maybe a boycott will happen and it will be harmful for the corporation. Company Registration No: 4964706. On the other hand, business ethics is very important for the company in the modern society. To be successful or even more successful, nowadays both private and public corporations need to maximize the use of their employees’ skills. According to my research, there are many reasons why business ethics might be regarded as an increasingly important area of study. Apple’s suppliers must uphold the rights of their workers. To export a reference to this article please select a referencing stye below: If you are the original writer of this essay and no longer wish to have your work published on the UKDiss.com website then please: Our academic writing and marking services can help you! Once your paper is ready, we will email it to you. So it’s the ethics inside the company. The literature review tells that there is a direct correlation between motivational factors and working behaviors of personnel. Their findings found that WEIMS is reliable and practical in producing valid results in measuring motivation in organizational psychology setting. And as a member of the Fair Labor Association, Apple is setting a new standard in its industry for transparency and oversight.
It is very difficult to make all the businesspeople doing ethical business, but I think in the future, it will be come true. Ethics is important in business because it encourages fair business practices. The last responsibility is philanthropic, this aspect of CSR addresses a great variety of issues, such as charitable donations, support for local schools or hospitals and taking more care about employees and their families. In the future, Apple will become a good example of business ethics, and then organizations will learn business ethics from Apple.
Secondly, business has the potential to provide a major contribution to our societies in terms of producing the products and services that we want. The legal responsibility of corporations demands that businesses abide by the law and never break the law or constitution.
That means management of the corporation should include the business ethics concepts, and the top managers or decision makers should understand what business ethics is.
*You can also browse our support articles here >. Fortune magazine 2009 named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012. And therefore an organization’s success mostly depends on the highly motivated employees. Moreover, Apple’s suppliers must create a safe and healthy work environment for their workers.