Luna Community College Thoughts Beliefs & Expectations of Business Ethics Position Paper

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Qbhoyryva0917

Business Finance

Luna Community College

Description

Utilizing your chapters in the book as an outline, write a position paper on your thoughts, beliefs, and expectations concerning business ethics. You can use other materials in your paper, but I am wanting you to write from first person expressing yourself related to business ethics. Personal experiences are a plus and any learning you gained from the semester is important. The paper should be a minimum of 7 pages at 12 font. Giving me a summary of the chapters or writing too much about any other material will cause a reduction in your grade.

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Explanation & Answer

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Running head: POSITIONAL PAPER ON BUSINESS ETHICS

Positional Paper on Business Ethics
Name
Registration Number
Institution
Dare

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POSITIONAL PAPER ON BUSINESS ETHICS

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My thoughts
Business ethics plays a critical role in ensuring successful business transactions. My
thoughts on business ethics regarding business transactions are in line with the essential part of
ethics. Ethics is concerned with either wrong or right of the behavior and actions of individuals.
The response during business interactions plays a vital role in determining the outcome of the
communication according to my point of view.
According to my point of view, friends of an individual play an essential part in business
ethic. These are because friends of an individual directly or indirectly influence the behavior of an
individual. The behavior of an individual determines the outcome of business interaction.
I had a pleasant experience where I was able to secure a business transaction because of
one of my friends. The exact nature of my friend made the individual I was doing business to me
to give me credit. I thought that the trader concluded that the experience with my friend was all
positive; hence, he had no problem in showing good faith and trusting me based on the judgment
he made on my friend.
Such experiences are an essential part of business ethic because they help in guiding
individuals and ensure that they can make better decisions. The business transaction between the
trader and me went on positively, and I can conclude that the behavior displayed by my friend was
good hence resulting in me gaining from his positive business interaction with the trader.
My thoughts regarding business ethics are that the action of the individual taking part in a
trade should be clear and have good intentions. The action should be clear and should not send
mixed signals to avoid confusing other individuals. The clarity of the actions should be understood
to provide the other party with the ability to accept or decline the terms. The intentions should be
clear and should be visible on the actions of the parties. My thoughts are that if the action is of

POSITIONAL PAPER ON BUSINESS ETHICS

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good intentions, the consequences should be good. The results of good intentions should ensure
that the parties are able to have a great time, and no one should feel cheated at any period of time.
Business interactions are usually of utmost good faith between the two parties that are my
thoughts. These are because the two or more individuals doing a business transaction sometimes
do not know one another, and yet they can exchange goods or services with a mode of payments.
The two parties are always acting on good faith, and hence they can satisfy their needs. The parties
have to believe that both of them have the desire to fulfill their obligations and nothing else, thus
resulting in mutual understanding. The interaction is within a short time, and in most cases, the
parties do not know one another in person.
After the manufacturing of products, the sales and marketing teams have to make sales
based on informing potential consumers about the benefits of the products. My thoughts regarding
the activity based...


Anonymous
Really great stuff, couldn't ask for more.

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