Any (Article Review)

How can business ethics strengthens the social cohesion of a society?

[Name of the Writer]

[Name of the Institution]

Summary of the article

This article is spotting light on the importance of business ethics as it helps for social cohesion of society. The only purpose of business and economy is to make wealth. Wealth that is going to be collected by public and private businesses should be gathered by utilizing ethical ways. In this article, the author is emphasizing on the fact that the wealth collected must be gathered by keeping in consideration all the ethical aspects. He also spots a light on institutions that rather promoting markets, institutions should be build that would train both private and public businesses how to collect the wealth ethically (Brenkert,et,al,2019). Next there have been discussed things that are necessary for keeping the society intact, by using the Catholic Social Teaching. Another important thing that has been discussed in this article is, why and how business ethics are important for strengthening a society. Only those goods should be produced that would withstand the ethical scrutiny. Author believes that a society can be cohesive only if things are going to be for the well-being of people. Creation of the public goods provide a solid foundation for social cohesion of a society. One of the main things that have been highlighted in this article is that self-interest of private and public businesses is important for keeping the society intact.

Relation to the business ethics

By taking a look at this article, I could say that this article is fitting all the scenario that one could witnessed at present. This fact cannot be denied that it is the right time when observance of business ethics has become crucial (Enderle,et,al,2018). This article contributes to the contemporary business ethics by mentioning the importance of institutions that are needed at present so that markets and businesses could be trained how to take care of the business ethics that would be casting great impacts on greater number of people as a business produces goods for numbers of people.

Implementation of the information

Information that has been provided in this article could be easily applied in any form of businesses i.e. private as well as public. After reading this article, I came to know that all the decisions that I am going to make in my field would contribute a lot for strengthening the society. Being a business person and running a organization of food products, I came to know that I had to maintain a friendly environment at the workplace so that people belonging to various cultures could be safe from any inter-cultural conflicts. Running a business means I have to take care of my workers and should treat them humanely as they hold rights that I avoid to violate so that I could strengthen the society by taking care of their comforts. I have implemented information of this article and started observing business ethics even more closely by giving my workers all the legal rights as they are my workers not the slaves.

Relation with ethical view

I could easily relate the given article with my ethical views. I found nothing in this article that clashes my ethical views regarding business. According to me, business ethics has become one of the most important things for keeping the society intact. In simple words, I could say that it is important to take care of greater good (Macklin,et,al,2018). This article fits my business ethical views as they claims, wealth collected must be gathered by using ways that are ethical accepted. Most of the things regarding the business ethics that have been mentioned in this article are part of my business ethics views i.e. goods and rules in business organizations should be made by keeping in consideration minoritie’s beliefs and values so that business ethics could be followed

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References

Brenkert, G. G. (2019). Mind the gap! The challenges and limits of (Global) business ethics. Journal of Business Ethics, 155(4), 917-930.

Enderle, G. (2018). How can business ethics strengthen the social cohesion of a society?. Journal of Business Ethics, 150(3), 619-629.

Macklin, R., & Mathison, K. (2018). Embedding ethics: Dialogic partnerships and communitarian business ethics. Journal of Business Ethics, 153(1), 133-145.