Business Law and ethics Essay Example | Topics and Well Written Essays - 1750 words

Business Law and ethics - Essay Example Yet, conflict itself is only one part of a much larger equation. Conflict, regardless of the organization or entity in question, is very much a real and measurable part of the way in which interaction between individuals takes place. However, at the moment in which an ethical conflict is determined to exist, the level and extent to which an individual is required to become not only part of the issue but work towards a solution is immediately denoted. As such, the conflict of interests and key pressures that exist within the business world oftentimes coincide to create a situation in which a possible â€Å"solution† to the conflict involves an unethical approach. Ultimately, even though these situations seem to be somewhat clear and readily understood, the level and extent to which an ethical issue or conflict exists is not only as black and white as it may appear. Oftentimes, both sides of a particular conflict are willing and able to utilize an unethical approach as a means o f solving the issue. ... ethical dilemma although a great litany of different questions should spring to mind when an individual faces an ethical dilemma, some of the first and most effective questions are contingent not upon who to blame; rather, the researcher/participant should instead focus upon seeking to understand what stakeholders are involved, understand what issues have prompted the disagreement, and seeks to promote a level of cooperation in achieving a mutually beneficial and ethically sound resolution. Moreover, when approaching a question that is links to an ethical dilemma, the individual should also seeks to divorce themselves from the level of bias. This includes, but is not limited to, attempting to understand the situation not from the standpoint of the stakeholders entirely but also from an ethical delineation of what is morally appropriate and how the different stakeholders involved in the situation would be affected within any particular course of action that is chosen to be taken. 3) D emonstrate the ability to identify and take into account others' interests Although the previous section has been concentric upon understanding the various roles that different interests/stakeholders have with regards to key issues of ethical nature, and ability to intensify, empathize, and take into account the interests of these individuals, beyond merely the ethical ramifications of the actions, is another component necessity that an individual seeking to provide a positive benefit within an ethical dilemma must engage. Ultimately, as was denoted within the first section of this analysis, the conflict that develops between groups of people, or individuals for that matter, is invariably part of everyday life. Ultimately, the interests that constrain these conflicts are the causal factors