Business Ethics Essay Example | Topics and Well Written Essays - 750 words - 17

Business Ethics - Essay Example My major aim is to create value proposition for society as a whole through collective actions and shared goals by making effective decisions. My workplace has strong diversity policy that promotes cross-cultural understanding for building personal and professional relationships based on mutual respect and shared learning. In the current environment of fast changing paradigms of socio-cultural and economic environment, ethical consideration and moral responsibilities have emerged as big issues, especially in the business world. The rapid globalization has resulted in pluralistic societies encompassing people from different race, color, culture and nations. Consequently, the inclusion of diversity within and outside the business compulsions have increasingly turned into major ethical issues that need to be addressed. Today, racial differences and lack of understanding of cross cultural values are vital ingredients of workplace conflicts leading to unethical conduct. Thus, facilitating an environment of equal opportunity and equity across the workforce promotes constructive team work for higher productive outcome. Within the broader precinct of Wallace’s ethical contextualization, wisdom gained through experience becomes important tool for making decisions and rationalizing events. The past experiences encourage flexibility of approach and look at situations from wider perspectives of changing values and transforming environment that may require different and sometimes difficult decisions for the long term benefits. For example, introduction of technology within workplace could be viewed differently by different people that may bring about insecurity amongst the workforce. But disseminating information about technology and how it can be exploited for personal and organization gain would significantly influence their mindset