Business Ethics

Essay by dcarter03University, Bachelor'sA, August 2010

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Business Ethics Case Study



Business Ethics Case Study

Introduction: Business ethics can be defined as a system of moral principles applied in the business world. Business ethics provide guidelines for acceptable behavior by organizations and or individuals in both their strategy formulation and day-to-day operations. (BNET, 2010) It was not long ago that it was thought one must choose between profit and ethics. Some may have obtained both but usually it roused ethical issues. These issues concern the basic question of what is right or wrong. The only way to resolve these issues is to be guided by a good code of ethics.

In today's business world ethics has become an essential part of the corporate agenda. Business practices which were once thought to be acceptable such as lying, cheating, misrepresenting and failing to address unethical issues when encountered are now seen as unethical.

Organizations now feel that these practices are not necessary to conduct business and need to be addressed. In this paper we will be looking at a specific case study and applying our own definition of ethics.

Case Study:

You overhear a conversation in the lunch room at your workplace - Allegiance Commercial Real Estate Services - where a female executive assistant confides to her friend that her boss (and yours), the Designated Broker for the company, intends to manipulate the new real estate listings with the company over the next 90 days to ensure that he can take them with him without legal liability when he resigns and opens his own commercial real estate company. He has already told you, an aggressive sales agent, that you are part of his team and that he wants you to come with him...