Tuesday, April 30, 2019
Understand business objectives from an ethical perspective Essay
Understand business objectives from an ethical perspective - Essay Examplebusiness objectives are grave things that owners can share with their comp both staff, they are statements that comprise of specific, realistic and measurable goals, which have certain periods that any business has to strive to stick to.In order to achieve its objectives rightly, there are meaning(a) measures a business has to refer to in its quest to achieve set objectives, these are the business moral philosophy. Business ethics refers to a certain kind of applied or professional ethics, whose role in business is to contract an examination of the manner in which moral values are followed in the business environment (Audi 2009 67). It is important that a business, having set its objectives, devise ethical values to govern the manner in which it conducts its internal and outside activities in achieving its set objectives.Business ethics defines the manner in which a business treats its staff, manages their affairs and responds to arising issues satisfactorily. At the same time, business ethics plays an important role in the way a business relates with its extraneous environment, it ensures that competition is done in the best interest of all players in the industry. If a business fails to identify business ethics, then it is bound to affect its internal and external business operations including a affirmable confrontation with its stakeholders.Pfizer being a global company it has a global vision of researching, manufacturing and delivering medicines for all raft around the world. In this understanding, the company has created a statement upon which it operates, that is, good health is vital to all people. It has a major corporate objective of producing medicines that can prevent several diseases, currently the company is working extensively to produce medicines that can cure and prevent some of the worlds most terminal diseases the like Alzheimers and cancer among others.Followin g the need to fulfill a wide range of health require for people across the world,
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