Ethics considerations when dealing with stakeholders, workers, in business

Abstract

Business ethics and moral obligations are vital and incorporated part in management of corporations. The corporations, failures have not done much in the acquisition of business and shareholders' trust. The management functions in a business are not all about intellectual execution but entail a range of values. For instance being responsible and fit is concerned with moral and aesthetic values. Organizations undergo in part a morality breadth by which the organizations are ruled. The people who execute are morally responsible to the people they serve.

Similarly, they should also be an inspiration by creating trust and leading via common purpose and understanding. The decisions made by corporations cannot be separated from the culture, behavior and structure. A proposal was outlined by some researchers to associate a corporation to its political and social environment in the same way their decisions interfaced with the economic environment and the structure of the industry. This research represented a rigorous understanding call for social and ethical characteristics, which dominated decision making for corporations. A researcher took a position that was radical that there is intrinsic worth in stakeholder's interest irrespective of if its advances to shareholders interest.