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  • Essay / Business Ethics and Sustainability - 1337

    The importance of ethics and values ​​in business sustainability is undeniable. Ethics has been defined as “the moral principles that govern or influence a person’s behavior” – Hornby. Ethics is different from business ethics, however, business ethics is defined as "written or unwritten codes of principles or values ​​that govern decisions and actions within an organization." So we can see that ethics, moral standards and behavior of consumers, employees, entrepreneurs or management teams are not about business ethics. Business ethics concerns the ethical behavior and decisions of the entire organization. This means that the decision to behave or act ethically is a moral decision. Decision making within a business is made by individuals or groups who must decide whether or not to act ethically. This may mean avoiding a decision that could produce the most profit for the organization because it is unethical and unethical. the values ​​of the organization or company. When looking at business ethics, it is important to differentiate between types of ethics. The main types of ethics are descriptive ethics, normative ethics and analytical ethics. Descriptive ethics is described as how people behave according to the moral standards they claim to follow. Normative ethics is described as the creation or evaluation of moral standards. It is an attempt to find out what people should do or whether their moral behavior is reasonable. Analytical ethics is described as the study of the assumptions people make within the framework of normative ethics. Sustainability is a “sustainable and balanced approach to economic activity, environmental responsibility and societal benefits” - Tata Steel. Sustainability is about getting to the middle of paper and allowing everyone in the company to get involved. It also means that leaders work alongside employees, creating better direction and support for the employee. Much has been said about the importance of leadership and a few categories of leadership have been explained, but it is also important to understand what factors influence a leader. By knowing what influences a leader and the traits they possess, one can see how they affect the success of a business and how important their leadership is to the success of any business organization. There are eight main traits that an effective leader must possess. Intelligence, knowledge and expertise, maturity, high energy, self-confidence, integrity and honesty, stress tolerance and dominance. These traits make for a well-rounded leader, able to manage people and deal with almost any situation..