Business Ethics and the 1989 Exxon Valdez Oil Spill Essay

Ethics are very important in the business world and to the general public. Ethics is defined as a system of moral principles or the rules of conduct recognized in respect to a particular class of human actions or a particular group. Using a moral compass should be a requirement for every CEO and executive. Any person who will have some impact on society needs to understand the difference between right and wrong. Since businesses touch such a large segment of our society, codes of ethics must be established and followed to protect the general public. In the following pages we will discuss the 1989 Exxon Valdez oil spill disaster and examine how it relates to (1) the state of business ethics since 2000, (2) examples of the classic†¦show more content†¦Including which mandated Security Exchange Commission, practitioners should be aware of, as well knowing the importance of laws in to which they are govern. In addition descriptions of â€Å"the classic schools of ethics, go lden rule, golden mean, utilitarianism† (Thorpe, 2010), and categorical imperative will be given; while also recognizing the challenges the journalist face in different field of media. Using this guide has allowed the researchers to gain a great deal of information about Exxon and their relationship with public relations. Business ethics since the beginning of this decade has been slowly eroding; if we are to believe what we see and hear in the media. Several times a day, one can view some derogatory piece of information concerning a business. However, it must also be considered that these companies are contributing to that stigma. There have been a variety of companies and individuals who have figured prominently in the media concerning their unethical behavior. Ethics is defined as a system of moral principles or the rules of conduct recognized in respect to a particular class of human actions or a particular group. Ethics and values are sometimes used interchangeably, but the main goal is to make sure that one is using a moral compass to help guide in the decision making process. One individual who figures prominently when it comes to ethics is the veritable Martha Stewart. Ms. Stewart had to step down from her own company because ofShow MoreRelatedEssay about The Significance of Ethics In Public Relations1442 Words   |  6 Pagesoverall goals of the organization. Ethics and Public Relations Ethics is the systematic analysis of right and wrong behavior. In public relations, ethics includes the practice of values such as honesty, openness, forthright communication, and integrity. Public relations has severally been labeled as manipulative, undemocratic, misleading, and phony. Ethical theory provides a guide to creating quality public relation strategies that encourage ethical business practice within organizations. 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