Managing business ethics in China Essay Example | Topics and Well Written Essays - 1750 words

Managing line of products ethics in China - Essay ExampleIn the modern day business world, a manager put one over to ensure adherence to business ethics in a firms quest for profiteering motives. However, upstart developments have resulted in varied definitions of ethics, and each person has to use get judgement to differentiate amidst ethical and unethical practise. Moreover, the capacity of a business to adhere to ethical expectations is dependent on political, social, economic, and environmental factors of a market. This means that a firm should balance its business arrange with environmental and social responsibility, and in adherence to the ethical guidelines stipulated by the government in the country of operation. In essence, the highest level of ethical trust involves business practices that aim to ensure economic, environmental and social sustainability.The Chinese economy is characterized with widespread criticism on high levels of unethical practices including corru ption that is touted to be the most detrimental factor of the economy. However, recent changes have seen a change in focus to adherence to ethical guidelines by managers, most of whom are learning how to hold in the system into their businesses without seeming to suffer from the alienation by western values. The Chinese investors insist on charting their own path to ethical practice despite the assimilation of various western characteristics into its economic system. On imposing 26, 2010, Landau reported on BBC about a businessperson who tried to incorporate Christianity as a tool around to entrench ethical practice among his employees, brinyly by encouraging his employees to convert to the Christian faith. While this practice is not illegal, it brings up the question of how far managers can go to ensure ethical practises in their firms (Landau, 2010). Factors Influencing respectable Practice in China Many factors have been blamed for the widespread unethical practices in China, still the most outstanding ones are philosophical beliefs, globalisation and the rapid changes that the Chinese economy undergoes. Philosophical Beliefs The main philosophical approaches taken by the Chinese are Confucianism, Taoism and Buddhism, all of which are based on the teachings of great(p) thinkers who resided in the Far East. Confucius, the father of Confucianism, taught that the first obligation of every person is to the family, such that everyone is expected to take care of the needs of family members and close friends before extending saves to others. While this is a convenient way of living in day-to-day life, the philosophy may be destructive in the business world, as managers tend to make their family members regardless of their qualifications. This has resulted in poor quality of Chinese products erosion of work ethics since a favour leads to another, and the cycle goes on despite detrimental do to the economy. However, this does not mean that Confucianism only has negative effects on ethics in fact, if applied correctly, the philosophy has three main aspects that promote ethical practise. These admit the teachings on obedience, following laid down guidelines, and humanity (Suen, Cheung and Mondejar, 2007). Taoism incorporates the principles of learning the details of ones profession for improved workmanship, and packaging of maximum good for the greatest number of people. In addition, Taoism results in increased efficiency at the oeuvre though this is not the prime concern of the philosophy. Buddhism is the philosophy that encourages business personality to respect and preserve the business environment and to create a healthy relationship between the business and the community around it. all manager intending to do ethical business in China has to have an understanding of the perceptions of