Ethics deals with the individual’s character and the individual moral rules
that govern the limits of our conduct. It’s a function that everyone will think about
from time to time. Most people will live by their values and moral standard, from
time to time people’s ethics and morals will change depending on how their life
style changes and their beliefs change. Ethics deals with the individual character
and with the morals of right and wrong, fairness and unfairness, good and bad,
duty and obligation, and justice and injustice[ CITATION Sha08 \l 1033 ].
Business ethics deals with what constitutes what’s right and wrong, or what’s
good and bad, for people conducting business. Professional code of ethics are
the rules that are supposed to govern the conduct of members of a professional
group of people, they are understood to have agreed to abide by the rules given
as a condition of their agreement in their profession. Violating the professional
code of ethics may result in the disapproval of their professional peers, and may
result in the loss of their license to practice or may result in termination. In ethics
there are many theories, one that I agree with is the consequentialist moral
theory, it states the moral rightness or wrongness of actions as a function of their
results. If the consequences are good, then the action is right; if they are bad
then the action is wrong. The non-consequentialist theories see other factors as
also relevant to the determination of right and wrong.
The current trend in the workplace is an at will employment, now the law
seems to be gradually be moving away from at will employment, but our moral
obligations are not limited to merely obeying the law. More and more
corporations are coming to acknowledge and to design institutional procedures