portfolio of evidence Paola F o r e r o 1101
1. ETHICAL ISSUES
1.10. Code of Ethics
1.9. Ethical Issues Facing Entrepreneurs
1.11. Entrepreneurship Code of Conduct
1.1. What are Ethics?
1.2. Value Systems
AN INTRODUCTION TO THE CONCEPT OF ETHICS
1.3. A Brief History of Ethics
AND ETHICAL BEHAVIOUR
1.8. Professional Ethics
1.4. Ethics Definitions 1.7. Importance of Ethical Conduct in Business
1.6. Ethics Alarms
1.5. Key Concepts
It is a branch dedicated to the study of human behavior, expressed in concepts such as right and wrong
It differs from morality by being based on internal and individual rules that we acquire at home or religious principles, and we adopt them and not the norms that society imposes
1.1. What are E t h ics?
It is not limited to applying only in philosophy but, it applies in professional, educational and other sciences.
It is characterized by being the ability of a person to decide correctly or incorrectly according to the principles with which they are formed at home
All-win attitudes and cooperation Empathy and teamwork
Dignity, integrity, worth and fundamental rights Applied to any individual, institution or organization
Quality of life people being satisfied with their whole life
1.2. Value Systems
Justice Experiences with fair and correct results
Freedom and responsibility Free and responsible people when choosing their way of life
Health, human potential, empowerment, growth and excellencen healthy, conscious people of the fullness of its power
Authenticity and openness relationships
Wide participation in system affairs
1.2. Value Systems
Holistic, systemic view and affected parties orientation Recognize different interests
Effectiveness, efficiency and alignment Maximum results at minimum cost
The Need for Ethics and Codes of Conduct We arrive at a place where society needs rules of conduct that, when expressed as good manners, provide a framework for good living
From Ancient Greece to Era It was the birthplace of Western philosophical ethics and moral precepts of the 7th and 6th centuries BC. Which have become social bases for individuals.
Natural Behaviour In nature the sense of order in animals can be exemplified with hyenas who wait for the lions to feed and then they eat
1.3. A Brief History of Ethics
Codes of Conduct Golden Rule‟, the „Five Precepts‟ and the „Noble Eightfold Path‟ of Buddhism, the Egyptian code of Ma‟at, and the „Ten Commandments‟
Mythology Through mythology some norms and behaviors of behaviors arose to generate tranquility
Human Behaviour Human morality is essentially a natural phenomenon that evolved to restrict excessive individualism and encourage human cooperation.
Definition of Ethics: “Relating to morals, treating of moral questions; morally correct, honourable”
Entrepreneurship ethics Examines and sets standards for entrepreneurs' obligations to the public, their clients, employers and the profession
1.4. Ethics Definitions
Definition of Ethics from the Dictionary of Psychology: “A branch of philosophy concerned with that which is deemed acceptable in human behaviour, with what is good or bad, right or wrong in human conduct in pursuit of goals and aims.”
Definition of Morals: “Concerned with goodness or badness of character or disposition, or with the distinction between right and wrong; dealing with regulations of conduct”.
It's the feelings in your gut, the pangs in your conscience, and the sense of caution in your
"Living ethically is not always easy, but it gets easier with thought, debate and practice."
1.6 Ethics Alarms
We must be critical, civil, fair, open-minded and also willing to meet high standards of conduct
The higher your ethical alarm, the more times you can do the right thing, or at least use good ethical reasoning to decide what to do.
Outside employment/activities (moonlighting)
Bribery and kickbacks, which might include: o Gifts, meals, services, entertainment and recreation opportunities o Treatment of confidential or proprietary information o Consideration of the employerâ€&#x;s assets
Relationships with clients, consultants, competitors, and contractors
1.9. Ethical Issue s F a c i ng E n t repreneur
Conflict of interests
Ensuring legal compliance by clients, client's contractors, and others
Respect for People’s Dignity and Rights • Respect the client‟s personal integrity (privacy, confidentiality)
Responsibility • Clients are clearly the Entrepreneur‟s first responsibility but Entrepreneurs also have a responsibility to society
1.10. Code of Ethics
Integrity in Relationships • The power relationship is unbalanced between the client and the Entrepreneur as most power rests with the Entrepreneur (having the knowledge and skill) which leaves the client vulnerable
Responsible Practice • The critical focus of this principle is to limit your practice to your field of expertise and competence
The Code of Conduct provides information about the standards of integrity that the Council expects all members to follow.
• Competency • Integrity • Public Interest • Environment • Dignity of the Profession • Administrative
Increase professional and ethical consciousness among Entrepreneurs and their sense of ethical responsibility;
1.11 Entre p r e n e u r s h i p’s Code o f C o n d u c t
Help the Entrepreneurship profession itself function at the fullness of its potentia
to guide Entrepreneurs in making more informed ethical choices
PRACTICAL ETHICAL DECISION MAKING MODEL
2.1. Introduction Day by day we can see ourselves involved in ethical problems, either taking part in a discussion or problem, in the morality of technology and other situations that contain questionable decisions.
These ethical dilemmas can be complex without an easy answer, so much so that hours can be spent thinking about a solution and it can be even more perplexing.
Technology has created new problems or dilemmas for that there are no easy solutions, e.g. downsizing, pollution control, toxic waste disposal, depletion and allocation of scarce resources, cost containment, changes in the law. and technology, rights of
employees, discrimination against women and minorities, and product safety.
Ethical dilemmas can be complex without an easy answer, And dealing with these ethical issues is often puzzling. It means putting your ethical code of conduct in the face of consequences for the people involved.
Although you may have built in a proactive approach to problem solving by anticipating possible problems and having relevant solutions and alternatives available, there are times when an unanticipated problem requires solving.
Other ethical issues are intellectual property, expert witnessing, public communication and conflicts of interest.
2.2. Steps in Ethical Decision Making Identify the central ethical problem you have to determine precisely what must be decided, i.e. determine whether there is an ethical issue and/or dilemma.
Evaluate each solution using the interests of those involved, accorded suitable priority Each alternative is weighed according to its advantages and disadvantages and the alternative with the most advantages and the least disadvantages is then selected.
Identify affected parties and their interests Seeking co-operation and involvement of all the stakeholders will improve the transparency and legitimacy of the Entrepreneurship operation.
Search for possible solutions for the dilemma From the information gathered, alternative actions are formulated.
Select and justify the solution that best resolves the dilemma One of the alternative solutions generated before is chosen as the entrepreneurship’s reinforcement of action forward.
2.2. Steps in Ethical Decision Making
I. Define the Problem
2. Identify Affected Parties
5. Select and Justify a Solution
3. Explore Optional Solutions
4. Evaluate Solutions
DECISION CHECKLIST
X X X X X X X X
X
X
GENERIC GUIDING PRINCIPLES
1. Competency Standard. It is the foundation document informing all aspects of the training programme that relates the requirements of competency to the working environment of the developing Entrepreneur.
4. Range Statements. Sets the boundaries of the requirements of each outcome and determines the limits of competency as required for professional practice.
2. Outcomes Demonstrating an understanding of these outcomes as they relate to the day-to-day working environment will indicate that a level of competency has been reached, which will enable the Student to function at a professional level within the commercial and business environment.
3. Assessment Criteria. Requirements against which the Student is evaluated in order to determine understanding and competency.