Thesis Statement: By running a small business with strong ethics, both employees and customers will be more satisfied.
Bradshaw, K. (2015). Doing business ethically makes for better business | ISBE. Isbe.org.uk. Retrieved 23 July 2015, from http://www.isbe.org.uk/doingbusinessethicallly
This article cites information from the Institute of Business Ethics. The article discusses the benefits of conducting a business ethically. These include staff morale and the trust of other companies. The article also discusses what happens when a business chooses to step out of line and violate ethical ideals once. The consequences of a choice like this can be long term. It also shows how bad business ethics can have a ripple effect on other people and businesses.
Chandler, R. (2015). Avoiding Ethical Misconduct Disasters - Graziadio Business Review | Graziadio Business Review | Graziadio School of Business and Management | Pepperdine University. Gbr.pepperdine.edu. Retrieved 23 July 2015, from http://gbr.pepperdine.edu/2010/08/avoiding-ethical-misconduct-disasters/
This article discusses how businesses can avoid ethical misconduct disasters. The article talks about how it takes specific planning to maintain ethics. It points out that just hiring people you feel are ethical is not enough as people will do things they never expected themselves to do. It also discusses the need for an action plan to be in place should an ethical violation occur, which is always a possibility even if precautions are taken.
McFarlane, D. (2013). The Importance of Business Ethics to Small Ventures. Entrepreneurship And Innovation Management Journal, 1(1), 50-59.
This article discusses the general importance of ethics in business, and then the specific importance to smaller businesses. It defines ethics. It also talks about legal ethics versus moral ethics. There are also the universal standards of ethics which this article discusses. The article discusses the different stakeholders when it comes to small business ethics. It also talks about specific ethical dilemmas which a small business may encounter.
Strauss, G., & Petrecca, L. (2015). CEOs stumble over ethics violations, mismanagement. USATODAY.COM. Retrieved 23 July 2015, from http://usatoday30.usatoday.com/money/companies/management/story/2012-05-14/ceo- firings/54964476/1
This article discusses various CEO’s ethical violations and the effects on the company which they were employed at. It shows how one person’s ethical violations can have long reaching effects on a company. The article discusses how ethical violations that once would have been hidden or looked over are now spotlighted as a result of social media.
