Question

C) In business, an ethical issue is identifiable problem, situation, or opportunity that requires a person to choose from among several actions that may be evaluated as ethical or unethical. Such a choice often involves weighing monetary profit against what a person considers appropriate conduct. The best way to judge the ethics of a decision is to look at a situation from a customer or competitor’s viewpoint.
As a professional ethics consultant, you are required to discuss in detail, ethical issues in business in the context of their relation to conflicts of interest, fairness and honesty, communications, and business associations.

Answer 1

The ethical issues in business in the context of their relation to conflicts of interest, fairness and honesty, communications are:

• The case of Harassment and Discrimination in regards to the Workplace.
• The issue of Health and Safety in the Workplace.
• Ethics in regards to Accounting Practices.
• The issue of Nondisclosure and that of Corporate Espionage.
• The issues in regards to Technology and Privacy Practices.

What are Ethical issues?

The term  Ethical issues is known to be if a given decision, event or activity is said to have made a conflict with a society's moral principles.

Note that Both individuals and businesses are known to be one that can be involved in all of the conflicts, since any of those activities can be put to question from the point of ethical view.

Hence, The ethical issues in business in the context of their relation to conflicts of interest, fairness and honesty, communications are:

• The case of Harassment and Discrimination in regards to the Workplace.
• The issue of Health and Safety in the Workplace.
• Ethics in regards to Accounting Practices.
• The issue of Nondisclosure and that of Corporate Espionage.
• The issues in regards to Technology and Privacy Practices.

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