He Importance of Honesty in the Business World
The Importance of Honesty in the Business World
BUSI 472
Organizational Ethics Liberty University
Abstract
Honesty in the business world is something that is automatically expected from society in general. Unfortunately, this expectation has often not been met in one way or another, leading to the collapse of once well-established and reputable organizations and the rise of skepticism and distrust from stakeholders who have been affected as a result of that. Differing cultural values and declining ethical standards have contributed to the widespread scandals related to dishonest practices in the business world in the last few decades, forcing organizations and individuals to take a closer look at their codes of ethics. A combined effort and commitment to restore honesty in the business world from both organizations and employees is the only solution to this major problem.
The Importance of Honesty in the Business World The business world has recently been plagued with negative news and demoralizing events that have almost tarnished the definition of the word “business.” Illegal and dishonest activities resulting in well-publicized scandals by well-known organizations such as Arthur Anderson and Enron have greatly contributed to the public’s skepticism about business in general, making one wonder if such practices are inherently part of doing business (Grudem, 2003, p. 11). Honesty in the business world must not be an option that one can choose at his or her own discretion, but rather a requirement that demands closer scrutiny.
Honesty in the Interviewing and Hiring Process
Honesty in business practices is required in all aspects of business relationships. This is something that managers and supervisors must always keep in mind, even during the interviewing and hiring process, as biased and preconceived ideas may lead to decisions that may not pass the litmus
BUSI 472
Organizational Ethics Liberty University
Abstract
Honesty in the business world is something that is automatically expected from society in general. Unfortunately, this expectation has often not been met in one way or another, leading to the collapse of once well-established and reputable organizations and the rise of skepticism and distrust from stakeholders who have been affected as a result of that. Differing cultural values and declining ethical standards have contributed to the widespread scandals related to dishonest practices in the business world in the last few decades, forcing organizations and individuals to take a closer look at their codes of ethics. A combined effort and commitment to restore honesty in the business world from both organizations and employees is the only solution to this major problem.
The Importance of Honesty in the Business World The business world has recently been plagued with negative news and demoralizing events that have almost tarnished the definition of the word “business.” Illegal and dishonest activities resulting in well-publicized scandals by well-known organizations such as Arthur Anderson and Enron have greatly contributed to the public’s skepticism about business in general, making one wonder if such practices are inherently part of doing business (Grudem, 2003, p. 11). Honesty in the business world must not be an option that one can choose at his or her own discretion, but rather a requirement that demands closer scrutiny.
Honesty in the Interviewing and Hiring Process
Honesty in business practices is required in all aspects of business relationships. This is something that managers and supervisors must always keep in mind, even during the interviewing and hiring process, as biased and preconceived ideas may lead to decisions that may not pass the litmus
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