Difference Between Morals and Ethics (with Examples and Comparison Chart) - Key Differences
There exists a fine line of difference between law and ethics. It is used to govern the action and behavior of the members and can be enforced, Governed By, Government, Individual, Legal and Professional norms. Department of Professional Studies in Education. We hereby approve .. Relationships Between Demographics and Ethical Decision Making . 72 .. moral activity. The ethical behavior of the leader of the organization has considerable impact on sample; and (4) ease of tabulating data (Gay, ). What is the difference between Ethics and Professionalism - Ethics are used in the corporate sector referring to the conduct of employees and.
An ethical code assists the employee to work transparently within the corporate setting. But the term professionalism is a bit different to ethics.
It is true that maintaining ethics is also considered as one of the features of professionalism, but this is only a single feature. This article attempts to highlight the difference between ethics and professionalism through an understanding of the two terms. Ethics exists in many contexts. Especially in the industrial setting, ethics are considered as vital. In this context, a work ethic is imposed on all employees. This guides the employees to be ethically correct in all their actions.
Ethics include a number of features such as confidentialityrespecthonesty, transparency, competencyetc. This can be understood through an example.
Professional & Ethical Behavior in the Workplace
Counseling is a profession where the significance of the ethical code is very high. A counselor is expected to be ethical throughout his or her practice so that it is beneficial for the counselor and counselee, the society at large and also the counseling profession.
Let us take the case of competency. It is expected that all counselors should be competent in practicing counseling. If the counselor is not competent, he will not be able to assist the client and can even cause damage to the client. Ethical business practices refer to honest when doing business, safety in the workplace and social and environmental issues, for example.
Ethical codes have been developed for industries, companies, managers and employees because the cost of white collar crime is high — both for businesses and society. Businesses should have a strict code of ethics for their employees and this code must be strictly enforced.
White collar crime refers to crimes such as fraud and money laundering. The nature of ethical decisions and actions can be measured against the following questions: But issues like ethics and corruption challenge responsible citizenship. The King Code of corporate governance provides a framework for dealing with issues such as corporate governance, ethics and corruption.
Corporate governance refers to the way in which a company is governed and it explains the relationship between the company and its stakeholders e. The reason for the development and implementation of the Code was the occurrence of corruption in businesses. King III focuses on: The boards and directors: Audit committees Risk management Managing stakeholder relationships.
Internal audits Integrated sustainability reporting and disclosure Compliance with laws, regulations, rules and standards. Criteria of ethical and professional behaviour Businesses are operating in an ethical and professional manner if the following criteria are met: The business must create benefits for society.
The business must be sustainable. The business must not be harmful to society. Business operations must take place within the boundaries of the law. Business operations must be carried out responsibly. Unethical business practices Unethical business practice does not comply with the above criteria.
Examples of unethical business practice includes: Advertising Unfair advertising refers to practices like exaggerating the abilities of a product, or marketing second-hand goods as new goods.
It implies that consumers are being misled on purpose. Fair advertising implies that a product is advertised for what it really is. Unethical business practices Examples of unethical business practice includes: Selecting, appointing and promoting employees Nepotism — appointing or promoting family members even if they are not best qualified for a job.
Pricing Price fixing — competitors agree to sell their products at the same prices. Usually competitors agree on selling goods at a high price to secure maximum profit.
Difference Between Morals and Ethics
Determining prices of goods by taking into account market related factors like supply, demand and the state of the economy. Applying for a tender Bribing officials to ensure a tender. Applying for a tender in the prescribed manner by meeting deadlines and tender requirements. Dealing with waste Dumping waste in places where it is not permitted, for example in a river. All companies generate waste in their operations. This waste should be dealt with and disposed of responsibly and legally.
Objective and impartial action. Transparency Confidentiality of information. Caring for the environment. Avoid conflicts of interest. Stay within legal provisions. Take reasonable steps to ensure that employees behave correctly, etc. Dishonesty, fraud and lack of transparency: Maximum profit at the expense of customers: Emotional manipulation of people: To do the right thing. Certain behaviour expected from a professional job. A professional person is someone who is paid to perform specialised tasks, e.
Nowadays, the term is applicable to a broader career span to include highly qualified professions and skills e. Professional business practice describes appropriate behaviour for an occupation.
Business Studies Grade ppt download
Doctors, accountants and teachers, for example, all have their own rules of professional conduct. Professional behaviour involves doing what you are supposed to do while you are at work. It is no longer just about qualifications and university degrees, but also about hard work, honesty, attitude and values and social responsibility.
Work should be dealt with, with pride and dedication to maintain high standards of performance. Examples of professional and unprofessional behaviour: Use of work time Appropriate use of work time involves working productively during the time an employee spends at work.
Abusing work time for personal use, e. Dealing with clients and customers Be honest and realistic. Refrain from saying only what a client or customer wants to her, but say things as they are. Dress Dress appropriately, especially when dealing with clients or customers.
Avoid inappropriate dress, e. Conduct towards colleagues and employees Treat employees and colleagues with respect. Avoid gossiping at the office. More examples of unprofessional behaviour: Discuss work problems with other people in person or through on-line talks.
Use of foul language. Principles for professional behaviour: Competence Apply skills to the benefit of the business, community and environment. Confidentiality Do not submit customer information to anyone else or use it for own gain.
Objectivity Act objectively without bias and prejudice but fair towards others. Development Try to continuously improve their own skills and encourage others to do the same.