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Business Ethics: Conflict of Interest

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Unfortunately even passage of these laws and regular inspections may work environments can be unhealthy and even dangerous. Modern business world is challenging with higher competition and this work environment create the chances of several accidents. Work place accidents are deferent types some organization did not provide the safety precautions to their employees like safety masks and jackets, lack of maintenance in machines are another problem in safety. Electric shock from machines and another industrial equipments create lot of safety problems. The main safety issues are reported in the area of mining and other industries.

The government administrative body for work place safety and Health is inspecting the standards of work environment and machineries. But some time this body is also fails to ensure the safety of employees. Thir main activity is setting a standard for all work environments and they inspect monthly or weekly the organizations meet the standard The safety standardization is very poor the employers can easily ensure the standard. This situation is creating lot of problem make the safety of employees in work place. “Chemical exposures permitted by weak OSHA standards make workers sick and cause the majority of known work-related deaths. ” (Occupational Safety and Health, 2007).

The work place safety is an ethical part of business and it is relating with the Interest of Conflicts the interest of employer is making maximum profit with minimum cost but the same time they are responsible to provide the better work environment to their employees. All ethical matters are similar in concept it is the responsibility from a person or an organization. An organizations responsibility to the consumers are also dealing with some ethical matters consumer protection is also the responsibility of a company to ensure their products are safe from harmful contents and they are responsible to ensure the consumer get the real utility of the product.

It is also relating with the ethical matter of business and the law also give the protection for consumers. Business can provide an adequate working environment to its employees; in addition to this there should be a proper link between business and other social institutions, companies can also make or constitute several corporate communities because company can be good corporate citizens.

An organizations profitability and growth will depends on its decision making ability among the work force which is possible only through the application of proper business ethics and code of conduct.

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preview essay on Business Ethics: Conflict of Interest
  • Pages: 5 (1250 words)
  • Document Type: Essay
  • Subject: Business
  • Level: Undergraduate
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