Business Ethics and Industrial Revolution

Business Ethics and Industrial Revolution. The origin of industrialization or manufacturing of goods and services can be traced to a prehistoric era of the transition from hand production methods to machines and use of new chemical manufacturing; industrial revolution. Almost every aspect of daily life was changed during the revolution due to influence from the transition. During the process, business ethics emerged. Hartman, DesJardins, MacDonald (2011) define business ethics as a set of professional or corporate ethics that examine and guide the moral or problems arising in a business environment. Businesses are supposed to behave or to be undertaken in a particular manner that does not cause harm to the stakeholders or the environment. During the industrial revolution, some ethics emerged while others were violated. Business Ethics and Industrial Revolution.

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Business Ethics and Industrial Revolution

The industrial revolution was not only violation of rights of employees and the society but there were some benefits that emanated from the revolution. The significant components of a company and corporate decision making process include all the necessary elements of moral agency. Despite that workers were subjected to un-conducive working conditions; they were given a chance to learn new skills and techniques. Additionally, the society as a whole benefited from the transition process by working opportunities created and provision of processed or manufactured goods and services (Hartman et al., 2011). The focus was on humanity and how human beings can be improved from hand production strategies to mechanical production strategies.     

List of references

Hartman, L., DesJardins, J. & MacDonald, C. (2011). Business Ethics: Decision Making for Personal Integrity and Social Responsibility. New York: McGraw-Hill