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Moral Dilemma in Contemporary Business and Its Ethics

This report describes about the study of ethical dilemmas that includes pressure from the management. It also explains the dilemmas and necessary steps for resolving problems in business.

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Moral Dilemma in Contemporary Business and Its Ethics

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  1. Moral Dilemma in Contemporary Business Get top quality business assignemnt help from Global Assignment Help Australia and score high grades Contact For More Detail Website : www.globalassignmenthelp.com.au Email : help@globalassignmenthelp.com.au Phone No. : +61 283 206 050

  2. INTRODUCTION Dilemma is a situation in which an individual has to select one option from the two alternatives, neither of which is unambiguously desirable or preferable. In business, there are lots of situations arises which forced parties to select one course of actions out of which both are equally undesirable. Present assignment will focus on modern dilemma in contemporary business era. Every business organization is the part of society as they work in the society and offer services to the public. Henceforth, they have certain responsibilities towards society which they need to comply strictly. The essay will demonstrates the role of ethical dilemma, environmental responsibilities and social and political environment which give rises to arise contemporary issues in business practices.

  3. ISSUES Business ethics refers to behaviour which firms adheres in its daily dealings or functions in the market. It is the manner that reflects that how business interact with the other corporations, their personnel and customers. In such respect, they should treat their employees in fair manner, promote them fairly, handle conflicts situations between business personnel etc are some of the situations that are of great concern.

  4. Moral Dilemma in Contemporary Business Get top quality business assignemnt help from Global Assignment Help Australia and score high grades Contact For More Detail Website : www.globalassignmenthelp.com.au Email : help@globalassignmenthelp.com.au Phone No. : +61 283 206 050

  5. CONTINUED..... The relationship of ethical principles, rules and standards such as prudence ethics, self development and interdependence. Henceforth, organizations who attain more and more profit by varied profiteering activities usually do not contributes towards welfare of the society. So that, consider immoral and irresponsible business.

  6. CONTINUED.... Good ethics is the essential and crucial elements for the long-run survival and business sustainability. It has been claimed that organizations who are involved in immoral conducts and behaviour than it will be punished by suffering their consumers and employees as well. This in turn, net profit margin of the companies will be shrink over time. Thus, it becomes essential for the corporations to assure that management and employees are not only efficient and experienced in their work but also behave in socially responsible way.

  7. CONTINUED.... ⚫ Higher management authority to do some immoral conduct than such situation will give rises to arise ethical dilemma. Moreover, if the workers feel that they can not point out the bad conduct of their co-workers and other superiors than it is also a situation of ethical dilemma. ⚫ Ambition and discrimination is also a reason for moral dilemma in business world. In such case, when a employee is under pressure due to some financial constraints, than he or she might be involved in some unethical conducts, known as ethical dilemma.

  8. Moral Dilemma in Contemporary Business Get top quality business assignemnt help from Global Assignment Help Australia and score high grades Contact For More Detail Website : www.globalassignmenthelp.com.au Email : help@globalassignmenthelp.com.au Phone No. : +61 283 206 050

  9. CONCLUSION It can be concluded from the study that ethical dilemmas includes pressure from the management that depends on the culture of the organization. It has been gained that individual can work under financial pressure in the hunger of recognition. In case they do not get reward through accepted channel then they make efforts towards doing something unethical. Thus it is significant for the organization. Thus such type of discrimination is not only unethical but illegal and still remains common. Thus it important for the business to take necessary steps for resolving the dilemmas.

  10. REFERENCES Beutler, L.E., 2015. 12 An Ethical Dilemma in Publishing. Ethical Challenges in the Behavioral and Brain Sciences. p.35. • Campbell, L. and et.al., 2010. APA ethics code commentary and case illustrations. • Del Chiaro, M., Rangelova, E. and Maeurer, M., 2016. The Ethical Dilemma of Compensating Living Kidney Donors: Alignment Between Science, Legislation, and Ethical Perception in Society?. JAMA surgery. • Garmon, T.M., 2010. Panic Defense and Model Rules Common Sense: A Practical Solution for a Twenty-First Century Ethical Dilemma. 45. p.621. •

  11. Moral Dilemma in Contemporary Business Get top quality business assignemnt help from Global Assignment Help Australia and score high grades Contact For More Detail Website : www.globalassignmenthelp.com.au Email : help@globalassignmenthelp.com.au Phone No. : +61 283 206 050

  12. THANK YOU

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