The World Of Knowledge Is Not Exempt From Business Ethics

The World of Knowledge Is Not Exempt From Business Ethics MG 640: Managerial Economics Prof. Rawana Miral Patel Due: November 8, 2015 Ethics is one of the most pertinent topics in todays world. In the present one finds oneself in a constantly evolving lifestyle where the boundaries between what is right and what is wrong is constantly changing and the line between truth and false is blurring. Even in this scenario one does understand the implications even a small wrong decision can make. The challenge is to define what is the correct path for the present time. A lot of the rules considered proper in the past are considered absolutely insane today and a lot of the wrongs of the past are considered the norm today. We often forget that educational institutions are also businesses and when we look at them from a business ethical stand point we can see some of the issues more clearly. With the most number people than ever before trying to earn an education, the business ethics of the education enterprise is become very important. Let us examine some issues in the business ethics of education through four of Humbert†™s principles. First of all lets look at the principle that states â€Å"Business Ethics require Integrity. Integrity refers to whole-ness, reliability and consistency† (Humbert, 2003, p.1). This is especially important in educational institutions. If administrators and professors do not show the character to have whole-ness, reliability andShow MoreRelatedTrends in Human Resource Management1143 Words   |  5 Pagessome of the changes being made as the United States quickly transforms from an industrial society to a service society. Instead of the boss being the CEO the boss is now becoming the customer. As our company structures change thus does the roles of our Humane Resource departments. 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