Ethical duties as an Entrepreneur (Is your good harm to others) Essay

Ethical duties as an Entrepreneur (Is your good ruin to others) - Essay ExampleEntrepreneurship is not an exception. This newspaper publisher will analyze the ethical duties of entrepreneur, arguing that ones good does not necessarily harm others.To begin with, one might suggest that one of the most important duties of an entrepreneur which involved morality focuses on the necessity to think about the affect that ones activity has on the stakeholders. Indeed, it would not be an exaggeration to suggest that one can hardly find an activity where the number of stakeholders is rock-bottom to a minimum and entrepreneurship is surely not one of them (McFarlane, 2013, 51). In other words, it is an imperative for a soul who runs a melody to think about the impact that it can cave in on all the parties which argon involved directly and indirectly. A helpful way to do so would be to create a map of all the people affected and determine the relationship between them and the business acti vities (Weiss, 2014, 13). One should post out that considering the impact on the stakeholders might be regarded as a characteristic feature of the novel kind of business. Indeed, in the previous times economic world in general as thoroughly as entrepreneurs in particular was primarily concerned with the profitability of the enterprise, the security of the source of income and possible ship canal to maximize the return of investment. However, contrary to that, at the modern times people acknowledge that they might have a negative impact on the stakeholders and are encouraged to refrain for it. In other words, a good entrepreneur will be able to set up ones business in such a way that would not harm anyone.The next important duty which should be analyzed in great detail is connected with the necessity to implement ethical decision devising process. One of the most significant aspects that are crucial for understanding of this duty is the difference between ethical motive and ethic s. Thus, the former is largely considered to be a set of personal