![]() Moral management * At the opposite extreme from immoral management is moral management. An active opposition to what is moral would suggest that managers would cut corners anywhere and everywhere it appeared useful to them. * The operating strategy of immoral management is to exploit opportunities for organizational or personal gain. * Regards the law or legal standards as impediments it must overcome to accomplish what it wants. There are main reasons that show why we think that a good understanding of business ethics is important: 1.) The power and influence of business in society is greater than ever before.read more. And even firms themselves appear to be increasing recognizing that being ethical may actually be good for business. Besides, the media also constantly seems to be keeping the spotlight on corporate abuses and malpractices. For a start, consumers and pressure groups appear to be increasingly demanding firms to seek out more ethical and ecologically sounder ways of doing business. Business ethics is currently a very prominent business topic, and the debates and dilemmas surrounding business ethics have tended to attract an enormous amount of attention from various quarters. Examples are such as in the latter case, Albert Carr (1968) notoriously argued in the article 'is business bluffing ethical' that the game of business was not subject to the same moral standards as the rest of society, but should be regarded as analogous to a game of poker where deception and lying were perfectly permissible. By an oxymoron, it mean that bringing together of two apparently contradictory concepts, such as in 'a cheerful pessimist' to say that business ethics is an oxymoron suggests that there are not or cannot be ethics in business which state that business is some way unethical such as business that is inherently bad, or that it is at best amoral which are such as outside of our normal moral considerations. Business ethics has been claim as an Oxymoron. Moreover, by business ethics, we do not mean only commercial business, but also government organization, pressure groups, not-for-profit businesses, charities and other organization. For example commercially, strategically, or financially right or wrong. It is worth that stressing that by 'right' and 'wrong' we mean morally right and wrong. Business ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed. ![]()
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