Leadership Assignment Example | Topics and Well Written Essays - 250 words - 4

Leadership - Assignment ExampleThese ethical standards governing the existence of piece life track diverse realms of endeavors including business entities. As businesses comprise a greater majority of the worlds human activities, the importance of studying morality come as a necessity rather than a yield of natural occurrence.During the 1990s, the study on business ethics have been intelligibly structured and formalized through and through acknowledging it as a necessary part of business operations. Ferrell, Fraedrich & Ferrell (2009, 6) define business ethics as the principles and standards that go across behavior in the world of business. In the field of accounting, for example, Smith & Smith (2010) indicated that ethical issues were clearly identified in its practice as evidenced by the book written by Michael Josephson describing the tenner Universal Values, as follows honesty, integrity, promise-keeping, fidelity, fairness, caring, respect for others, responsible citizen ship, pursuit of excellence, and accountability (Smith & Smith, 2010, par. 10).Likewise, with organizations venturing in international markets, the tenets of moral and ethics need to encompass standards and guidelines which widen the jurisdiction of business ethics internationally. As averred by Enderle (1997), business ethics is an emerging and dynamic field, depending strongly on economic factors, but also on political changes and a growing awareness of value conflicts and ethical and environmental demands (1475).Business ethics discusses the concepts on leadership and charge where managerial responsibilities for the conduct of subordinates need to conform to ethical codes for guidance and compliance. The study of ethics give thrill to promote the ethical behavior expected of stakeholders in the business setting. It assists individuals and groups in understanding the ways to write out and address conflicts