How Business Ethics Applied in our Society
Business ethics is a form of applied ethics that examines ethical rules and principles within a commercial context; the various moral or ethical problems that can arise in a business setting, and any special duties or obligations that apply to persons who are engaged in commerce. Generally speaking, business ethics is a normative discipline, whereby particular ethical standards are assumed and then applied. It makes specific judgements about what is right or wrong, which is to say, it makes claims about what ought to be done or what ought not to be done. While there are some exceptions, business ethics are usually less concerned with the foundations of ethics, or with justifying the most basic ethical principles, and are more concerned with practical problems and applications, and any specific duties that might apply to business relationships.
Business ethics divisible in two parts;
• Normative ethics: Concerned with supplying and justifying a coherent moral system of thinking and judging. Normative ethics seeks to uncover, develop, and justify basic moral principles that are intended to guide behavior, actions, and decisions.
R. DeGeorge, Business Ethics, 5th ed. (Upper Saddle River, N.J.: Prentice-Hall, 2002)
• Descriptive ethics: Is concerned with describing, characterizing, and studying the morality of a people, a culture, or a society. It also compares and contrasts different moral codes, systems, practices, beliefs, and values.
R. A. Buchholtz and S. B. Rosenthal, Business Ethics (Upper Saddle River, N.J.: Prentice Hall, 1998).
Business ethics aren't identical to the philosophy of business, the branch of philosophy that deals with the philosophical, political, and ethical underpinnings of business and economics. Business ethics operates on the premise, for example, that the ethical operation of a private business is possible -- those who dispute that premise, such as libertarian socialists, (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
Business ethics is also related to political economy, which is economic analysis from political and historical perspectives. Political economy deals with the distributive consequences of economic actions. It asks who gains and who loses from economic activity, and is the resultant distribution fair or just, which are central ethical issues.
Some society at now don’t know about buniss ethics, more of them think the buniss without need the ethics. They think ethics just prevail in society who have sturdy culture or region for individual. In fact ethics prevail and applied in their’s society. How about company environment? Company is an organization with explicit structure, there are implicated some interaction personal and instution conflict often happen in management, personal or in each team in the company. Ethics need to control for importance of company. Many company put the ethics aside to reached profit many times over.
Example: case mud of Lapindo, many hectare land are muddy until society must left their house. May be here are substance deliberate to increase the profit without think importance of society. The other example case Buyat of gulf evoked befouled around environment, may be the popular case is about Marsinah a laborer who struggle his rights but tragic event yank out his soul.
All of this problems happen because ethics not applied in business. Etichs contain appreciation, respecting, justify for morality and social to man and world. Importance company and society must be balanced, if company not applied ethics in business may be they must expend much fee to solve the problems and this inflicted a financial loss for company.