What Is Morality Essay Example | Topics and Well Written Essays - 1000 words

What Is Morality - Essay Examplering of pension plans or their complete curioing reductions in health c ar benefits and wage stagnation in spite of increased productivity (Feldman, 2007).Indeed, it is through these ethical issues that a redefinition of the essence of business is important. Specifically, it is important to ask (1) is the essence of business purely based on profitability and growth? And (2) should businesses be regarded as moral agents (and therefore be responsible for their actions)? maculation it is true that profit drives the business as it sustains business operations, it is not the sole determinant of profitability. Unfortunately, most businesses today solely focus on serving angiotensin converting enzyme type of stakeholdertheir end consumersthat they fail to consider their other publics employees, society, and the environment.In this regard, the implementation of the aforementioned ways to cut down costs may actually end up costly for the company, as these m ay lead to (1) bad publicity affecting product loyalty (2) lawsuits being filed to address improper employee treatment and (3) investing withdrawals by image-sensitive shareholders. All of these examples reinforce the notion that ethical business practices can indeed translate to business profitability.However, it must be pointed out that viewing ethicality as a mere tool for profitability remains conceptually ambiguous, especially when attempting to shed light on their stark differences. This is why revisiting the essence of business is meaningful in order to glean insights on what the business is and how it should act.To begin, it must be made clear that a company is a separate and self-determining entity since it is comprised of human beings who are completely capable of controlling the businessthrough culture creation, strategic business alignments, and operations planningin order to achieve its goal of profitability. In this regard, any company is said to be free, and is ther efore given its rights and