Ethics are a very important aspect of the success of a company. Ethics are, as defined by the Merriam-Webster Online (2005), "the discipline dealing with what is good and bad and with moral duty and obligation" (para. 1). There are many decisions within a company that managers must base around the company's ethical standards. Ethics are not only a guideline to employee and employer behavior, but also the company's behavior as a whole. Possessing good, strong ethics will help a company attract and keep customers. Without ethics, there would be no way for a person to judge right from wrong, which is why it is important to have a good sense of personal ethics awareness.
My ethical perspective is obligation or deontology. A deontology perspective is centered on a person feeling as though they have an obligation to do what is right. When judging whether or not a person's actions are ethical or not, a person holding a deontology perspective tends to base their decisions on the intent of the person's actions and not the actual outcome, (The Williams Institute for Ethics and Management, 2003).
In order for a person with the obligation perspective to agree with a person or company's ethics, the ethics set in place should be suitable in every situation, respectful to everyone's character, and promoting of every individual's freedom and independence. With an obligatory perspective, a person believes that everyone deserves respect and the right to make their own decisions.
On the other hand, a person possessing the character or virtue perspective does not believe that everyone is capable of making their own decisions. This perspective is based on the belief that a person must possess good character in order to make an ethical decision. Those with the virtue perspective believe that a person's character...