Business Values and Ethics

Define Values and Ethics

GEN 200

May 26, 2010

Define Values and Ethics

      Values and ethics are very important to any firm or corporate business. First of all, what do we mean by values and ethics. In 1986 the theme for the Army was values. The listed four organizational values are loyalty, duty, and selfless of services. The four individual values are commitment, candor, and courage. (2008, April 19). Values provide the basis for judgment about what is important for the organization in its business. Values are embodiment of what an organization stands for, and should be the basis for behavior of its members.
      How do value relate to ethics? Values are what we, as a profession. Judge to be right “individually or organizationally”, values determine what is right and what is wrong, and doing what is right or wrong is what we mean by ethics. To behave ethically is to behave in a manner consistent with what is right or moral. (2008, April 19). What does “generally considered to be right” mean? That is the critical question, and part of the question is difficulty in deciding whether or not behavior is ethical in determining what is right or wrong.
      The three sources of professional values and ethics are religion, code of conduct, and respect towards other people (2009, P). Religion in the workplace, because of our country’s great diversity, employers may hire employees from great variety of countries and religious backgrounds. In an ideal work environment, the religious beliefs of a given employee, or of the employer, do not create conflicts. Either is free to believe as he or she chooses, as long as the work gets done satisfactorily, neither will encounter difficulty on the basis of religion. Code of conduct provides black and white ground – rules for the professional behavior and conduct that is expected in the workplace. The code should also include disciplinary procedures, which is the process to be followed when an employee’s behavior...