What Is the Relationship Between Business Ethics and Decision Making?

Ethical standards are also called "good and evil standards". It refers to judging and evaluating people's behaviors according to the scale of right and wrong, good and evil, honor and disgrace, or according to moral standards. In the history of ethics, there are various opinions: some use "righteousness" as the criterion for judging good and evil (Confucius, Dong Zhongshu, Zhu Wu, etc.); some use knowledge and ideas as the criterion for judging good and evil (Socrates, Plato); some use God's will as the criterion for judging good and evil (Augustine); some use happiness or pain As a criterion for judging good and evil (Epicurus, Spinoza, etc.); some use benefits and harms as criteria for evaluating good and evil (utilitarians). Some of the above statements contain some reasonable content, but they do not make scientific provisions on moral standards. Marxist moral doctrine holds that people always take the moral principles and norms advocated or actually pursued by the society or class in their time as the standard for evaluating behavior good and evil. People who act in accordance with the moral principles or norms of a certain society or class consider it good, and vice versa. Because different times and classes have different moral principles and norms, the objective prescriptiveness of moral evaluation standards must also be addressed. According to Marxism, only the moral principles and norms that conform to the laws of social development and the interests of the overwhelming majority of the people are objective and scientific standards for judging the good and evil of behavior. [1]

moral standard

In a certain time zone, the theories formed by people's behavior norms in order to guide and restrict people in this time zone are not scientific. It mainly depends on whether the economic relations and the corresponding interest needs expressed by them are consistent with the objective necessity of social development. Consistency, whether it reflects the interests and aspirations of the overwhelming majority of the people.
Moral standards are the anchor of the ethical system. They are the yardstick for defining man's right and wrong. Aside from its class and historical causes, it should be the standard of humanitarian morality.
If it is simply understood as the basic norms of how to get along with one another, between parents and children, between brothers and sisters, and between generalized interpersonal relationships, this is not a noble standard. For example, some moral ideas of Confucianism apply to the old style of polygamy. moral standard.
The moral standard of the new era is based on the equality of all people, with harmony as the criterion. It more reflects the social value of individuals in society than the
Ethics standards. For the rational use of human resources, certain ethical principles should be followed. These ethical principles are the human-oriented principle, the principle of both morals and talent, the principle of fairness, the principle of integrity, and the principle of service.
Human resources as the most potential and most social resources
There are many codes that reflect ethical business practices, such as:
Do not accept gifts and money;
Treat all customers with sincerity and treat them equally.
Maintain the reputation of customers at all times
Respect the privacy of customers;
Promise not to conduct internal transactions;
In order to prove to shareholders and customers that it is worth doing business with themselves, some companies express their ethical positions, such as the "corporate self-discipline" advocated by some domestic companies. In the field of the environment, some organizations have taken steps to improve their records and public image and to implement "green" policies. The government has also established relevant agencies to ensure that policies and policies that comply with social norms can be more considered in Et's regular economic activities, such as the Quality and Technical Supervision Bureau, Environmental Protection Bureau, and Anti-Counterfeiting Offices established by Chinese governments at all levels.
Many studies have shown that there is a consistency between ethical correct behavior and business success. Some scholars believe that if managers adopt business ethics, then they can achieve five goals that are important to business success, namely:
Improve the rationality of management;
Continuous and balanced corporate culture;
A relationship of further trust between the individual and the team;
The standards and quality of products, services and work processes have better consistency with the output level and performance of the enterprise;
The impact of corporate reputation on corporate customers and corporate image will be more sensitive. In order to succeed in this area, it is particularly important for business managers to show the public their commitment to morality and responsibility, as well as their personal code of ethics. However, this is not enough. If the behavior of a company's managers committed to business ethics is superficial, there are more articles on the surface than facts, and the ethical principles actually followed are to some extent different from public ones, for example, Some companies have been required to work long hours despite their commitment to create a healthy working environment for employees; similarly, although some companies consider some employees to be key resources of the company, some of them still have low pay; or Encourage employees to participate in long-term development planning. It is likely that training does not exist at all or management in this area is poor, so the company's practices are contrary to the ethics advocated by the company.
Business ethics decisions are not static, they depend on the stage an organization is in during its life cycle. During the lifetime (starting or faltering), ethical considerations may be less in the deliberations and lack of attention. "Leaders of companies facing survival threats often do heroic personal adventures in order to achieve the goal of leading the company out of trouble. They resort to illegal means, deceit, and ignore the existence of truth ". In a period of relatively stable business development, senior managers are more likely to formulate ethical standards, but middle and lower management personnel are under pressure to complete their goals, and it will be difficult for them to maintain a consistent ethical level.
Many organizations have their own ethics to govern employees' relationships with the general public and provide organizations and employers individually with a basis for evaluating their behavior and plans. The personnel and development department has been given a greater role in communicating organizational value standards, monitoring compliance with ethical standards, and implementing the standard across the organization. Today, organizations have set up specialized agencies to provide ethics training for employees, with the aim of avoiding unethical behavior and adverse public opinion in order to gain strategic advantages. It is more important to treat employees in a fair and equitable manner, recognizing that they are a valuable member of the organization.

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