Environmental Issues, Business Ethics Research Paper

Pages: 10 (2756 words)  ·  Style: APA  ·  Bibliography Sources: 5  ·  File: .docx  ·  Level: College Senior  ·  Topic: Business

SAMPLE EXCERPT . . .
In addition, Lebanon lacks analogous regulatory elements that uphold ethics programs. Companies in the region focus on their initiatives that contribute towards the long-term sustainability of the company.

Corporate integrity and ethics can also fall on this focus, but they hardly focused on it. The type of business here aims in moneymaking. The initiatives include good governance within the company and corporate responsibility including some ethic programs. Their main aim is to improve the country's operations, and ignoring the ethical needs. The companies forget about the workforce as being a powerful asset (Herde, 2005).

Example

For example, Dubai aspires in being an international business spot. Corporate responsibility has happened in Dubai for over three years, and at this point, there are no developed best business practices. Some businesses focus on corporate social responsibility, while others especially in regulated industries for instance the finance sector focuses on corporate governance and compliance. Dubai has not yet adopted business best practices. In addition, corporate responsibility may expand given the new Dubai International Financial Exchange, which opened in September 2005. The stock exchange aims at increasing foreign investment by providing an environment where investors know that their money invests in companies with strong governance and financial controls (Herde, 2005).Buy full Download Microsoft Word File paper
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Research Paper on Environmental Issues, Business Ethics Background Assignment

Religion in the Middle East, which is mainly Islam, has influence on the business activities in the region. Business owners tend to use religion as a guide. This closes opportunities for other people who do not share in the Islam religion. The Islam religion has led to extensive philanthropy in the region by companies in the region. The Middle East has a small business community based on family. Many companies either form through inheritance through generations or have a strong family foundation. Most of the workforce in the top management consists of family members. In such a business environment, conflicts of interest may happen. In addition, if there are investments from other organizations, loyalty of the employees targets to the family rather than the organization.

In the United Arab Emirates, discrimination is a usual happening. Employment of people based, characterized, and determined through discrimination. UAE's population is nearly 20% Emirati, 80% expatriates. However, Emirati forms a higher percentage of the unemployed and 45% of Emirati nationals. In addition, companies should initiate a program whereby they educate their workforce on the various forms of discrimination. Some of the discrimination faced by employees include based on gender, age, national origin and religion (Herde, 2005).

Environmental issues Lebanon / Middle East

The Middle East region is not a market to sell to anymore. In a near future, it will become a global business owner status. The industrial chains in several industries including logistics, manufacturing, and finance lead the Middle East transforming it gradually to a global business hub. The Middle East being a main oil producer, there is a risk of environment degradation. Showing concern and implementing regulations, policies, and laws to protect the environment will help the region in strategizing to make their dream of being a global business owner (Ravi, 2007).

Keeping in mind that the Middle East does is yet to institutionalize the subject on business ethics; environmental ethics leaves the environment at risk. Some of the main environmental issues that may arise in the Middle East include air pollution, water pollution, which has adverse effects on the environment and the human living things. Companies in the Middle East mainly produce oil and gas surplus. The waste from oil production industries discharged into water bodies. This is environmentally unethical. Water bodies harbor life of fish, plants, and other water plants. The wastes discharged in these bodies contain chemicals and toxins. The toxins accumulate to highly toxic levels, which may cause death of water life.

This is a serious matter, which needs attention and appropriate measures. Air pollution has adverse effects on human health, and climate. People living near the oil production areas risk their health. The gases released may cause respiratory diseases or even cancer. The gases released into the air may accumulate leading to weakening of the ozone layer. The ozone layer specifically blocks the sun's rays from directly reaching the earth's surface. If it breaks, the rays will reach the earth's surface and lead to adverse effects on humans, plants, and climate in whole, for example, global warming, which happens because of accumulation of gases in the air. All this only means that the effects of unethical environmental issues due to business will only affect human beings (Ravi, 2007).

Positive Ethics to the Environment Lebanon / Middle East

To avoid all the negative ethic practices to build a future with a strong ethical background, there is a need for sacrifice. A significant destructive feature of ethics in the Middle East is corruption. It is a serious ethical problem globally. Corruption leads to lose of honesty, accountability, and transparency. This problem is urgent and needs serious intervention. Policies need implementation and tolerance of unethical practices in companies in the Middle East will only create a thriving ground for corruption. Governments should implement ethical codes. Disseminate the codes in seminars and posters informing people they should not give bribes for any services, instead report any form of corruption.

The leaders or management of various companies and businesses has a role to play. They should lead their workforce equally, avoid discrimination of any manner, and listen to the workforce individually. The way they lead their workforce will determine whether the subordinates will adopt business ethics. In order to reconcile business with the environment, companies should adopt measures that pollute the environment minimally. Companies found not practicing safety measures legal action on them is the best option.

Almost all these business activities lack ethics to the environment. The raw materials, air, and water pollution are some of the business activities that do not respect the environment. These are examples of how the business may affect the environment. When there is water pollution, the animal waters risk death. When there is air pollution, gases released include carbon dioxide, which may lead to global warming. Environmental ethics should stiffen to avoid degrading the environment and subsequent extinction of other environmental organisms and animals.

Kant's theory and Business Ethics

The theory establishes the need of morality in all aspects of life including business. It says that people should act accordingly to maxims they would want to implement into believes, and people should avoid being treated as a last option even if the option means profit. Kant's theory strongly states that the highest good is that of goodwill, essence of acting on the line of duty. For example, if a merchant is honest in a bid to gain a good reputation the honesty lacks morality.

The ethics in Kant's theory is those of duty rather than implication. Businesses should not be moral to impress consumers. This theory applies to both the workforce and consumers. The theory views a business as a moral community whereby the involved stand by each other in a moral relationship. The influence they have between each other is positive. The theory talks of universalization. This means that the theory stands for business laws free of any form of corruption to enhance international trade.

References

George, T.D. (2012). A History of Business. Santa Clara University. Retrieved from http://www.scu.edu/ethics/practicing/focusareas/business/conference/presentations/busine ss-ethics-history.html

Dove, I. (1997). Business Ethics in the Middle East. Journal of Business ethics, 16, 1555. Borkar, R. (2010). Environmental Issues. Buzzle.

Shaw, W.H. (1998). Business Ethics 3rd ed. Belmont, CA: Wadsworth Pub Co.

Herde, E. (2005).… [END OF PREVIEW] . . . READ MORE

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