The dramatic change and dominant factor towards business success today are enhanced through the morals and ethics created in the business environment to encourage unity and organization of employees in the company.
In the opening chapter of the video, the narrator explicitly brings forward discussion about the origin of the laws and ethics of the organization. Furthermore, he adds on about the slight difference between ethics and the moral. In his definition, he points out the morals to be virtually acquired and mostly resides and defines what we are. Similarly, he also points out the ethics to be set of programmed connecting frames that that guide the individuals on a day to day activities. Furthermore, the primary source of moral and ethics is fostered within us, and it is the act of the private actions that dictates on how we live in the society.
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In this aspect, ethics are fostered and derived from our internal feelings and intuition about a particular event or occurrence. More so, ethics help to regulate and distinguish between what is right and wrong (Miller 2016). Through this, one can determine the what decision to make irrespective of the circumstance. In other words, the aspect of the proper ethics helps to build and foster our moral in one way or another. On the other side, morals are also used to develop functional ethics within us, which governs us in our day to day activities. Our primary source of morals is our parents as well as our schools that help to shape our beliefs as well as encouraging us to develop positive and good morals.
Basing on the other concept of the law, the narrator mentions that the rules are meant only regulate but not oppress individuals who find themselves on the wrong side. Additionally, he also points out that the laws ought to be more robust to ensure that no one feels the need of breaking them under any circumstances.
Comparison of the video to chapter 3
The American body of judiciary comprises the “Federal and state constitution” (Miller 2016). In this aspect, these are the bodies mandated to formulate the American laws that are used to govern the citizens of the day to day activities. Under the same concept, a couple of bodies are also involved in formulating the federal and the state constitution that is governed by the laws to develop accessible rules that cut across the national citizens of the nation.
Ethics are among the governing factor towards any decision making in the organization. In this aspect, the level of ethics that one has significantly contributed to the decision being made in the business. The act of formulating rules and regulations in a business does not profoundly aim at punishing the involved individuals but rather seeks to foster unity among the working individuals in the organization. Furthermore, this ensures that there is order and a place for everything. In much simpler words, rules dictate the way a company or a business will be spearheaded.
The implementation of the laws and regulation in any business opens a chapter of equity in the same organization. Additionally, this will give the employees a spectacular idea to put the interest of the organization in the for the front, a step that increases and enhances the productivity of any business.
In the bottom line, the law has a bequeathed mandate to punish, which is regarded as its most superior ingredient that forms the utmost laws. Business owners have a mandate to formulate exercisable laws that favor all the employees in the same organization irrespective of their gender and ethnicity. The formulated laws should not endorse anyone for it to exercise the tough grounds that account it as valid and credible law.
Reference
Miller, R.L. (2016). Fundamentals of business law today: Summarized cases (10e). Stamford, CT: Cengage Learning. ISBN: 978-1305075443
