The Ethics Of Confucian Business Ethics - 1172 Words

EDMP: An Analysis in Support of Confucian Business Ethics in Harmony of the Business Environment (160)Issue: The one question brought forth by Lagan (2006) is the conflict between harmony in the business environment and the competition of capitalistic markets in the ethical debate on the efficacy of Confucian business ethics. Lagan’s (2006) case study effectively defines the overarching harmony of universal mandates defined by Confucius, which argued against the pro-capitalist interpretations of Confucian values to adapt to modern business ethics. In my own views, I believe in this traditional form of the three rules of Confucian ethics: human morality, relationships, and harmony. The importance of morality and relationships are vital to preserving good business connections, but more so, it is important to understand how these business relationships create harmony in the community. In this case study, I intend to focus on resolving the conflict between self-centered capitalistic tendencies in the business community with Confucian business ethics as a source of harmony i n the workplace. Stakeholders: In Confucian business ethics the typical stakeholders are the businessperson, family members, he client, and the community that is served in these business agreements. These asocial groups define the capitalistic system of business exchange, which identifies the businessperson, the client, and the social organizations that bind all parties together as stakeholders in thisShow MoreRelatedThe Influence of Confucianism on Chinese Culture Essays1742 Words   |  7 PagesThe Influence of Confucian Culture on Chinese Culture Introduction Confucian culture, also known as Confucianism, was founded by Confucius during the Spring and Autumn Period, which was developed gradually after the Han Dynasty with benevolence as the core. 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