| Most authorities agree that there is room
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| | of ethics is a written guide to
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| for improvement in business ethics. One
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| | acceptable and ethical behavior that
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| of the most problematic questions raised
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| | outlines uniform policies, standards and
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| in relation to business ethics is whether
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| | punishments for violations. Because
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| or not businesses can become more ethical
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| | employees know what is expected of them
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| in the real world. The majority opinion
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| | and what will happen if they violate the
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| on this issue suggests that government,
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| | rules, a code of ethics goes a long way
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| trade associations, and individual firms
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| | towards encouraging ethical behavior.
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| can indeed establish acceptable levels of
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| | However, codes cannot possibly cover
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| ethical behavior.
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| | every situation. Companies must also
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| The government can do so by legislating
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| | create an environment in which employees
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| more stringent regulations. But, rules
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| | recognize the importance of complying
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| require enforcement and when in many
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| | with the written code. Managers must
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| cases there is evidence of lack of
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| | provide direction by fostering
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| enforcement even the ethical
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| | communication, actively modeling and
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| businessperson will tend to "slip
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| | encouraging ethical decision making,
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| something by" without getting caught.
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| | apart from investing in training
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| Increased regulation may help, but it
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| | employees to make ethical decisions.
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| surely cannot solve the entire business
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| | Sometimes, even employees who want to act
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| ethics problems.
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| | ethically may find it difficult to do so.
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| Trade associations can and often do
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| | Unethical practices can become ingrained
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| provide ethical guidelines for their
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| | in an organization. Employees with high
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| members. These organizations within
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| | personal ethics may then take a
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| particular industries are in an excellent
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| | controversial step called "whistle
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| position to exert pressures on members
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| | blowing." Whistle blowing is informing
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| that stoop to questionable business
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| | the press or government officials about
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| practices. However, enforcement and
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| | unethical practices in an organization.
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| authority vary from association to
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| | Whistle blowing could have averted
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| association. Moreover, exactly because
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| | disaster and prevented needless deaths in
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| trade associations exist for the benefit
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| | the Challenger space shuttle disaster,
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| of their members, harsh measures may be
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| | for example. How could employees have
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| self-defeating.
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| | known about life-threatening problems and
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| Employees can more easily determine and
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| | let them pass? Whistle blowing on the
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| adopt acceptable behavior when companies
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| | other hand, can have serious
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| provide them with a "code of ethics."
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| | repercussions for employees; those who
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| Such codes are perhaps the most effective
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| | make waves sometimes lose their jobs.
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| way to encourage ethical behavior. A code
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