Question

Ethics in business can sometimes seem esoteric and removed from our day-to-day management responsibilities, the various media are filled with real-life examples of unethical business behavior that harms the businesses involved, as well as their shareholders, customers, employees, and other stakeholders.

For this discussion, identify a news story that has been published within the 30 days preceding the due date of this discussion that describes such a breach of business ethics. You may find these through a web search, library research, professional journals, professional association websites, newspapers, etc.
Briefly explain the situation and the parties involved.
Identify ethical standard and the ethical issue(s) that violates that standard.
Explain how could have prevented this situation and would now respond, including support from a second source.
Biblical integration needed

Answer 1

Business ethics encompass the responsibility of corporations to act ethically, adhering to ethical codes like the IEEE-CS's Software Engineering Code of Ethics. The role of emerging technology complicates establishing ethical practices due to unpredictable societal and environmental impacts. Biblical principles support the call for stewardship and respect in business actions.

Step-by-step explanation:

When discussing business ethics and the role of emerging technology, it is important to consider the actions of organizations and their adherence to ethical codes. Codes of ethics are developed by businesses and professional organizations to dictate the moral obligations and acceptable behavior of their members. An example of such a code is the Software Engineering Code of Ethics adopted by the IEEE-CS, which outlines a software engineer's ethical responsibilities including ensuring software safety and respecting privacy.

Corporations bear responsibility for addressing social, economic, and environmental issues, which should be reflected in their business practices and use of technology. However, establishing ethical practices, especially concerning emerging technologies such as artificial intelligence, poses challenges due to unpredictable impacts on society and the environment. These challenges call for ongoing ethical deliberation and the application of moral theories to determine proper conduct.

Biblical integration within this context emphasizes the moral obligation to consider the greater good and the impact of our actions on others, resonating with principles found in scripture that encourage stewardship, fairness, and respect for all of creation.