Ethical Responsibility: Workplace Employer vs. Employee

3 General Education Outcomes
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3 General Education Outcomes
Ethical Responsibility: Workplace Employer vs. Employee
Ethical responsibility refers to distinguishing, understanding, and acting upon certain principles and values based on the standards in a specific context. In a classroom setting, students are trained to explore various dynamics surrounding ethical practices and behavior to comprehend the best ways to make decisions and resolve conflict. There is a widely held belief that business success usually occurs at the expense of ethical values. However, most young business enterprises are founded on the principle of decency and trust between business entrepreneurs and their suppliers, employees, and, most importantly, their consumers. Asides from these stereotypes, ethical principles are essential for conducting excellent and effective business deals. For employers, ethical responsibility entails paying employees fairly and providing a conducive working environment that does not destroy them, whether physically or mentally. However, big companies such as Walmart are well known for their enormous profits though they do not pay their employees the fair wages they have earned for their hard and loyal work (Burton, 2021). It is unethical for employers to provide uncomfortable working conditions as this may destroy their business and develop an unhealthy culture of distrust, leading to costly lawsuits.
Employees are mandated to work ethically in their work environments. They need to participate in work that is in alignment with their income level. They also need to continuously produce high-quality work even when their employers are not micromanaging them. Employees who engage in ethical behavior do not steal and do not pretend to be working when they do nothing. All businesses are mandated to treat their customers ethically. This includes the principle of financial honesty, which involves giving the customers the correct amount of change and refunding them their money whenever they seem dissatisfied. It is also inclusive of providing goods and services that are worth their price. The unique association between a business and its loyal customers is founded on the principle that a business will do its best to avoid putting its customers at risk.
A good example is in the automotive industry when manufacturers ensure that they make brake systems that work effectively and efficiently in cars. Another important aspect involves treating suppliers ethically by honoring and adhering to their terms of conditions, such as timely payments. It is imperative for business owners to be honest with their suppliers about the shipments that they have received and to raise alerts when there are specific shipments that they have missed (McNamara, 2021). Suppliers also need to be rewarded with excellent service due to their loyalty instead of jumping from one supplier to another simply because of their prices.
Ethics in business refers to the set standards that guide the moral choices made by business-minded individuals daily. Some people consider themselves to be more morally ethical than others. From a customer perspective, ethic...