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Essay / The Effects of Appropriate and Improper Business Ethics
With the recent economic crisis, ethical business practices have been thrust into the spotlight as a vital area in which businesses need to improve. Good business ethics are vital for economic growth and progress as well as facilitating a productive and morally correct society. The United States has recently experienced significant economic declines, the most significant of which occurred in 2001 and 2008. As questions are asked and some answers given, the image of a big business not caring no middle-class individuals are emerging for the American people. Everyone has a finger to point, and a lot of them are aimed at these big companies. With the fault lying with various financial institutions, people are starting to dig deeper to try to understand the source of the problem. Questions are asked such as: how did this happen? How can we prevent this from happening again? Whose fault is it? How do we recover? I believe that if you go to the root of the problems that arise within these societies, you will find many ethically questionable people. My goal is to begin to understand how these bad decisions have affected every individual in our great nation, and how a set of good moral values and good ethical decisions can give rise to a thriving economy. When we look at our recent decline and try to When we find a failed company to analyze, we find that we have a multitude of examples to choose from. In most cases, large business failures are often the result of equally incorrect moral decisions. It goes without saying that the motivation for these errors of judgment is financial. Digging deeper into this, we run into the question: How far would you go for a financial return? A big problem in the middle of today's paper......for ethics in organizations. - Saturday April 2, 2005 at 4Hoteliers. "4Hoteliers | Hotel News and More for the Hospitality and Travel Industry. University of Phoenix, April 2, 2005. Web. April 8, 2014. .Bromburg, SE "Small Business Ethics." Small Business Ethics. October 11, 2011. Web. April 8 2014. .Gebler, David. “Business Ethics and Social Responsibility”. Free Management Library (SM) April 8, 2014. “What is Business Ethics” /www.wisegeek.com Web. April 2014. .Merchant, Paul. "A definition of business ethics you can trust.". 2014. .