Ethics Essay

Introduction

Ethics refers to the way people make choices between what's right and wrong in their daily decision making and relations. Ethics covers many dilemmas in life that include ways one is supposed to live a good life, the rights and responsibilities that each one has the language of right and wrong and the moral decision between what’s right and wrong. Therefore this paper aims at discussing ethics in business now and before and what our parents think about how ethical our generation is.

Ethical of Business Before and Now

Business operations are guided by moral principles that include the relations between the employee and employer the social responsibility of the company corruption, discrimination and insider trading.

Fifty years ago, the word ethics could not find most employees workspace since most workers were full of ideas and wanted to make the world a better place. During this era, drug use was rampant which made most companies respond through investing in human resource departments and code of conducts required to be followed by the employees.

During the 70s and 80s, the tension between employees and employers was brought into the spotlight after the highly publicised scandals during the war in Vietnam prompting the government's response through the implementation of stricter policies (Gasper, 2016).Companies started focusing more on values brought by employees shifting the philosophy in management to equal footing from pure authoritarianism.

From 2000 moving forward, ethics took evolved in business making a turn mostly in cybercrimes and issues related to privacy. In the past, crimes like theft of identity cyberbullying were unheard of but have now become a threat to anyone doing business. Businesses have now taken more ethical measures to deal with the customers' information selectively keeping the fine line between having respect for the customer's privacy and ethically marketing the products. The relationship between the employers and employees has improved, and the disclosure of services and products information made better through more extensive sales and marketing ventures.

 Ethics in the Current Generation  

Parents see the current generation to be out of ethics due to the millennial variation in behaviour pattern and respect which is not true. Young people today are perceived to be more ethical by most companies and can be persuaded through the promise of moral superiority (Arenas, 2016). Also, young people look at the company's responsible behaviour before deciding to choose a product associated with the said firm.

   Most parents feel like the children are isolated and suffering from most trust crisis which is not true. Millennials have the lowest levels of trust than any other generation before with most of them believing that someone on the streets could be telling the most truth compared to the one in baby boomers. The easily available exposure through the internet has made it hard to lie to the young people.

With the invention of technology, most young people have limited face to face engagements and even taken a step higher by deciding to be using their leisure time as their private moments, a phenomenon treated as lack of ethics by most parents but in most cases found not to be true. The internet has helped the youths in the creation of ways to analyse different situations and be able to know which one to trust.

 

Work Cited

Arenas, D., & Rodrigo, P. (2016). On firms and the next generations: Difficulties and possibilities for business ethics inquiry. Journal of business ethics, 133(1), 165-178.

Gasper, D. (2016). Ethics of development.