Business Ethics
Introduction
The rapid emergence of technology has enabled millions of people to diversify and embrace new businesses. The success of any company depends on the homogeneity of the cultural and social norms that an organization adopts. Business ethics is a form of an applied professional conduct within agencies that check and examines the problems that arise from the enterprise (Lie & John, 2016). Therefore, the Company's goal is to protect its consumers' privacy and intelligence. The business does not allow any information to appear in the limelight of new and advanced technology. The changes found are unavoidable, depending on the trends and the competitive advantages of the new world markets. They are exact contemporary values that management uses in governing the behaviors of the staff and also in running activities in the workplace.
Standards in a Company
The diversity of culture is valuable at a global scale since it brings people in management close to one another’s ideologies and thoughts. The analysts explain that some realities in the global business contradict the truth about ethical pluralism, such that ethics is still ignored by many in the context of pure justice and high levels of intolerance in business quarters. The minimized balance between culture, values, and global homogeneity does not strike real trends in the organizational management hence, should be neglected (Greenwood and Michelle, 2015). Researchers argue that as much as there is the need for proper balance in the culture of organizations, the fiber found in the ethical cultures alone; do not give room for the respect, application, and inspiration of good practices and regulations. Thus, professionals propose that the organizations should embrace a virtue-based ethical conduct. The latter will lead to good practices from serious dialogues that will enhance a better public domain for communication with the audiences targeted (Lie & John, 2016).
Conflicting Issues of Ethics in a Company
The survey on companies talks about the Global economy and the modes of management. The major proponents of the ethics, regulation procedures, codes of conduct and the self-restraint fiascos are examples used by the authors to explain the strategies that are needed for a successful examination and consistency in the global business management. Firstly, it is the international treaties and agreements. The discussion ranges from the world superpower nations that hold meetings quarterly and annually to analyze the status of the globe. They can range from issues of global warming, recessions and the epidemics in the world (Lie & John, 2016).
The leaders are involved in numerous fundamental problems that have consistently affected our globe leading to the deterrent of economies of many leading and developing nations. It is only through these agreements that ethics and regulations can be achieved by the entrepreneurs and business leaders are enlightened and empowered by codes of ethics. The systems might include the Caux Roundtable and the global Sullivan discussion of the United Nations. The writer acknowledges that the strategies also have their strengths and weaknesses through its capability to foster ethical business practices. The company's customers are the basis for the development and continued revenue boost (Kumar et al., 2014)
Measures of achieving consumers’ success and loyalty
The realization of the SWOT paradigms in management helps in countering the weaknesses and threats by formulating strategies that are fundamental to bringing change. The essence of such global discussions is aimed at improving the conditions of environment, the working conditions and lastly, improving the human rights status in the accessibility of freedom and privileges (Greenwood and Michelle, 2015). The relationships between the knowledge and the management discipline about ethical practices are critical in business. The privacy given to the consumer is confidential and cannot be revealed at whatever cost. The administration of research institutions is usually formalized and overprotective of their research commentators and lack of scrutiny in the moral conducts at the end stage.
Many questions arise when issues of management publications cannot answer for their interest in the research on consumers at hand. The extent of understanding if whether the research is broad or narrower does not allow conclusive arguments without application of research ethics when publishing the findings. The Company consumers have rights to choice and consume any product the company is dealing with. The negative publishing does not allow for the benefits of customer and maintaining the social responsibility (Bernardi & Woodworth, 2011).).
The Company will be involved in a surveying job that requires the employment of qualified staff with the new technological expertise in the fields of Consumer Social Responsibility and public relations. The surveyors and the editors of most publications do not believe in the formalization of research requirements that are to be published with a view that, it is too detrimental to the Company’s image (Hopkins, 2012). ). They argue that the formalization of the consumers’ information can significantly affect the ethical integrity of the management. The effect is that a claim is looked upon merely as a basis for institutional compliance and avoidance of jeopardy, is in itself a rare kind of management skills. The author advises that both the individual and collective researchers in the company to try and embrace ethical considerations when dealing with such vital stakeholders in the organization. When ethical standards are maintained, the formation of a research rationale becomes easier to handle regarding consumer satisfaction and privacy (Lie & John, 2016).
Analysis of the Companies Strategies
The hypotheses that follow later also allow in driving a definitive conclusion in the thorough research of consumer privacy. There should be an adoption of a reflex action in the informational publications so that the implications and various roles of the organization in protecting the clients are clearly outlined in the management process. According to Blodgett, Dumas & Zanzi (2011), a valuable time should be taken in gathering misplaced information on the privacy topics under the concept of "ethical performance." It provides analysts and the executive advisors with in-depth comparative analyze of behavior management strategies (Kumar et al., 2014). This practical concern provides a framework for communicative planning and investment in the growing importance of CSR movement.
The advisors are also involved in explaining the essential attributes of some ethical and social responsibility principles. The impact can create a new client proposition that will provide detailed information on the right sector of the particular stakeholders. The operation is determinant in the end profits of putting informational resources in a given business venture. According to Hopkins (2012), a financial expert, has produced many books to offer a broad spectrum to advise on how the managers and some corporate investor relations can deal with the vice of misplacing consumers' privacy. The author has used ethical policies that are embraced by many to (or "intending to") finishing odd characters towards customers' plight. The standards, dedication, and performance criteria are addressed here as a vital component in finding liberal and morally upright investor-minded groups and not just focusing on the gains that the clients provide for the Company (Bernardi & Woodworth, 2011).).
The value of information from the customer is vital since it aids in knowing the target audience and measuring of market shares of particular organizations. The managers advise that the information on stakeholders should be used to prove that the merger of consumer and none- stakeholder materials can give a conclusive data that the management can use to improve and foster change in addressing the value of stakeholders’ privacy (Hopkins, 2012) . A range of rights and freedoms towards consumers is thus shown. It furthers determining the “justice of fairness’ in the long run. The research should cover the fields of philosophy, utilitarianism, and the egocentric plus deontological ethics. The objective is to try and counter the issues that arise in the context of a business dispensation. However, the survey should not engage in criticizing the moral obligations of any company enterprise, but only expressing its positions regarding the ethical judgments in society. It is true that corporations shape the moral views of individual and groups, but it also do not give the freedom for one to choose their proper step thus end up causing ambiguity(Greenwood and Michelle, 2015).
The emergence of pro-market economics is supposed to diversify the context of businesses in the globe rapidly, and some are changed via advancement in technology and others basically from the ethical codes of conducts used in running the companies (Kumar et al., 2014). The researchers' aim is to show how various strategies and management skills have been applied to counter the ever-changing consumer trends and their privacy in the global business stage. The practical and theoretical understanding of these transformations will help many organizations know how good a firm and its staff conduct their business. The study of the company morals also helps the learning managers to upgrade with the continuous changes that may happen in the life of the company and its endeavors (Hulsmann, 2008).
Summary of Consumer Privacy-related concepts
The managers and staff can diversify and counter the challenges exhibited by the competitive partners in the scene of business ventures. According to Hancock & John (2004), the business persons should engage in motivation and internationalization of companies so that there is the broad spectrum of operations (Hopkins, 2012). The impact sees benefits in the corporate governance since the moral and ethical obligations have been adhered to adequately. There will be in turn, ease in the flow of communications from the managers to the staff both in the company and the extended and diversified group of partners. The communication team in the organization should do research on the sociological aspects used in traversing the global markets via an improved ethical knowledge in management (Hulsmann, 2008). They include; behavior change, cultural sociology, the practical approach to consumer needs and lastly, the political economy that is influenced by the global leaders in conglomerates (Melee'& Domenic, 2009). The expected debates on matters relating to consumers' in the market and philosophical applications of ethics are rampant when the shareholders in the chain of command are not adequately consulted. It describes the contents of normative and descriptive factors involved in the business ethics. Some critical explanations revealed that characters exhibited by those in business organizations might be acceptable, but also questionable when the realities of culture and norms are not upheld in the organization (Greenwood and Michelle, 2015).
Rationale for Consumer Privacy
The Research on consumer and company relationship is in the interested in achieving the human excellence in the business organizations. It aims at training employees in the concepts and principles of ethics in business. The ordeal is aimed at creating familiarity of the company with its clients in the business world (Hulsmann, 2008).). It can help in the prophecy of both current and future trends in business relationships if ethics are maintained to the highest standards. The humanness of the employees and staff, in general, provides a moral and ethical concept to help the individual and organization work harder to achieve the goals and objectives. The effect builds virtues, creativity in strength and the cognitive performance in the life of any moral being in the enterprise. In every sphere of success, discipline plays the part at a great deal (Blodgett, Dumas & Zanzi, 2011).
Conclusions
The example of consumer performance, choice, and prediction of trends, will all lie in the ability to possess the human cognitive thoughts and reactions towards change. The physical force and valuable morals by the executive staff push the buyers to spend more in the industry by increasing purchases. All these pressures are as a result of the in-built pressures in an individual character through ethical standards in relation Thus, in conclusion, the business ethics tend to bring the creativity and values of individuals outwardly such that, performance and credibility becomes a natural virtue in the back of their minds Much of attention is given to the individual capabilities and later joined in general as a work rate in a given workforce. The initial and plans are in corresponding directions, hence are vital to the success of any organization. The trends in customer purchases and revenues will automatically improve on the event of loyalty and trust development from the staffs reactions and attitudes. The whole organization and department will feel the closeness and enjoy the turn-out of returns for the entire premise. The sale and advertising criteria will see the company’s human resource in the effort of undertaking public relations activities to create the awareness. The changes are determined to convince the consumers’ on the new protocol and the methods the organization will put to counter the informational disaster by trying to redeem the image of the Company
References
Bernardi, R. A., Shepherd, C. R., & Woodworth, J. L. (2011). Gender Differences in Students’ Ethical Impressions of Questionable Marketing Practices. International Business & Economics Research Journal (IBER), 1(9)
Blodgett, M. S., Dumas, C., & Zanzi, A. (2011). Emerging' trends in' global ethics: A comparative study of US and international family business values. Journal of business ethics, 99(1), 29-38.
Greenwood, Michelle (2015). "Approving or Improving Research Ethics in Management Journals." J Bus Ethics: n. page. Web.
Hopkins, M. (2012). Corporate social responsibility and international development: is a business the solution? Earthscan.
Hulsmann, G. (2008). The production of business ethics. Journal of Markets and Morality, 11(2)
Kumar, Vikas, and Chinmay Pattnaik (2014). Emerging Market Firms in the Global Economy. Bingley, U.K.: Emerald Print.
Lie, John (2016)."Political Economy and Business Ethics". Asia Pacific Business Review: 1-8. Web.
Melé, Domènec (2009).Business Ethics in Action. Basingstoke [England]: Palgrave Macmillan Print.
