Business Ethics

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

BUSINESS ETHICS

Introduction
“Kape Tayo? " Is a word we frequently hear from friends, relatives, and partners when they want to
talk, go on a date, or just want to unwind. I, the owner, came up with this name for the coffee
business for that reason. A coffee shop called "kape tayo" is open every morning at six in the
morning in Cabanatuan City. and close at 9:00 p.m. Our coffee shop specializes on serving many
varieties of coffee, including espresso, latte, and cappuccino. Along with various non-caffeinated
drinks, we also offer cold drinks like iced coffee and iced tea. Along with other refreshments, "kape
tayo" offers cupcakes, pie, cake slices, and more. Every customer at "kape tayo" has access to
free Wi-Fi, just like at the other coffee shops.
Our coffee shop has beautiful designs so that customers may take pictures while enjoying their
coffee. It is a very tranquil and fresh area to consume coffee. Our coffee shop promises to provide
really tasty drinks and snacks at very reasonable prices. Our goal is to serve our community by
producing distinctive coffee flavors in a calm environment. We try to offer a welcome area for
coffee connoisseurs to escape the hustle and bustle of your day. kape tayo" Roasters is to impart
our knowledge to coffee connoisseurs in the city we adore through a wonderful cup of coffee.

What type of enterprise?


The "kape tayo" coffee shop is a sole proprietorship; as the owner, I am responsible for all aspects
of running this firm. It doesn't produce a distinct entity. Therefore, as the owner, "kape tayo” assets
and obligations are totally in my control. My coffee shop's success and smooth running are entirely
my responsibility. For all commercial risks, my liability is without limit. I could therefore need to sell
my personal assets to pay off business debt.
Goals to help Community
Having a coffee shop in a town has advantages or can benefit the locals. promote a more diverse local
economy, support nearby companies, and create jobs. Half (50%) of my annual profit will be contributed,
not only to my community but to other communities as well, to an orphanage, a public school, and a feeding
program. My coffee shop supports equality and will offer employment to everyone who is motivated and
eager to work in the "kape tayo" coffee shop. I see this as a huge community service since I think that not
everyone can have a career, primarily due to their educational background.

Reaction to the subject business ethics


The application of moral standards to the world of business is the subject of business ethics.
Humanity, solidarity, and accountability are fundamental principles. The effects of economic
activity on other people and the environment serve as the basis for the justification of ethical
standards. Social justice and environmental sustainability are the standards here. Working out
rules is not the responsibility of corporate ethics. Instead, it serves to direct contemporary
discussions using reflection, methodology, and critical analysis.

It is crucial to first emphasize that there are various subcategories of ethics. The two main
categories of ethics as a science are normative and descriptive ethics. Normative ethics aims to
provide a response to the question of how to act, whereas descriptive ethics focuses on how
people really behave. Material and formal ethics are subcategories of normative ethics, which is
the most significant area of practical philosophy. Material ethics presupposes that social norms
and standard, which should guide people's behavior, are grounded in religious principles or lend
themselves to social practice. Contrarily, formal ethics eschews the formulation of precise material
standards in favor of the derivation of formal-procedural rules of dialogue, which just outline the
procedures to be followed throughout ethical reflection processes. In this instance, it is presumable
that ethics can only achieve intersubjective validity if it is not founded on norms influenced by
customs and religion, but rather when people can decide what is morally just by using procedural
rules in conversations or discourses. Business ethics offers direction on the normative principles
that should guide decision-makers' actions in order to cope with various norms and values that are
situation-related in a positive way. Corporate ethics also bring to light the necessity of developing
organizational and structural frameworks that support ethical thinking within businesses.

Based on this fundamental knowledge, a heated debate on business ethics has emerged in Anglo-
American and Western-oriented European nations during the past 20 years. The link between
ethics and economics can be addressed using a variety of different methods. However, there is
general agreement that addressing business ethics is essential because entrepreneurship usually
has an ethical component in addition to an economic one. In the end, beliefs and standards that
are personally fashioned as "moral biases" of the decision-makers influence every decision. These
offer a place to start when doing focused ethical reflection. They have an impact on the
information gathering, processing, and evaluation steps before the actual decision is made. As a
result, there isn't really a "moral-free zone" for business decisions.

You might also like