Friday 6 June 2014

Adapting to legal and ethical responsibilities in business














Legal and ethical responsibilities are two such responsibilities which prevent the business from various mishappenings. If we are trying to convey our words we must be very careful in choosing the correct set of words.




·        As per Ethics truth is always the best option for any situation so that there is no regret to a person in future.






·      Organizations in their planning process set various guidelines in order to conduct the business , this is done by establishing a “code of conduct”.











·     The “code of conduct” specifies that businesses must improve the lives of their shareholder , employees etc. by sharing with them the wealth created.




All companies and its employees have to follow the law 

An employee working in an organization can pass on the confidential information of the company to a rival company, but legally it’s not allowed if he or she gets caught they will get fired.




EXAMPLE:
 

A bollywood movie came in 2010 named GUZAARISH in which the male lead is a quadriplegic patient from the past many years means paralyzed from neck down, he files an appeal to the court for euthanasia means mercy killing, his family supports him as they cannot see his suffering and pain but people around him don’t have the same opinion. 


For such kind of rights one has to adapt Ethical responsibilities towards the society as to see what is right an what is wrong.


Reference:

http://www.cmc-canada.ca/CMC_Designation/CodeofConduct.cfm

 

 

1 comment:

  1. HELLO SHANPREET! I read your blog about adapting to legal and ethical responsibilities in business. You have clearly explained what are legal and ethical responsibilities and why they are important in our lives.

    One thing I like in your blog is your example which explains the ethics responsibilities in a very proper manner.

    ReplyDelete