These companies eventually suffered public humiliation, huge financial losses, and in some cases, bankruptcy or dissolution. The ethical and legal problems resulted in some corporate officials going to prison, many employees losing their jobs, and thousands of stockholders losing some or all of their savings invested in the firms' stock.
Although the examples mentioned involved top management, huge sums of money, and thousands of stakeholders, business ethics is also concerned with the day-to-day ethical dilemmas faced by millions of workers at all levels of business enterprise. It is the awareness of and judgments made in ethical dilemmas by all that determines the overall level of ethics in business. Thus, the field of business ethics is concerned not only with financial and accounting irregularities involving billions of dollars, but all kinds of moral and ethical questions, large and small, faced by those who work in business organizations.
Living in a modern day information society, we are stuffed with information technology, especially in work environment, without a personal choice as we simply can not do without it. Presently, working environments are usually not IT free and this trend will go on increasing. It is spreading both horizontally and vertically within different organizations and our resources are limited to adapt to it. In this case we just can't ignore the impact of technology on work related stress.
Work environment now requires you to tackle stress and work efficiently in the ambiance that is competitive. There are many reasons for job related stress. Employees' capability as opposed to working condition is the primary cause of job stress. Differences in individual personality characteristics and coping style als View More »