Exxon And The Global Economic Depression Of 2009

Introduction
Ethics in business education
In the recent past, unethical practices in the corporate world have put pressure o organisations to focus more on ethical business practices. The events of Exxon and the global economic depression of 2009 are two examples of how unethical business practices geared solely to generate profit ended up costing the common man trillions of shillings. This shift in public opinion has in turn, forced institutions of higher learning to pay more attention to the quality of graduates they release into the work place in terms of not only thei profesiaonalism but their moral values as well. Young proffesionals first emcounter professional ethics in universities and colleges where they learn theyre trade, as such,

Derek Bok(1982), Havards president in 1982 claimed that an institution that failed this duty ‘violates its basic obligations to society…and gives an impression of moral indeference’. And after the scandals of Enron and others, the question is nolonger whether or not ethics should be taught in institutions of higher learning, but instead, how can it be taught effectively so as to ensure a positive imoact is made in the corporate world.
The main goal of universities and colleges is to provide high quality education to students so as to promote their professional and personal growth. This means that university grduates should not only be good at their chosen profesiona, but they should also be good people in general. Proffesionals who want the best not only for themselves but also for the community at

This entails equipping the students wth the knowledge and skills to helpthem develop a strong set of ethical standars they can use to make professional and personal decisions. It has been argued that experiential or service learning, that incorporates traditional classroom learning with direct hands on experiences and discussions, would be the best method to achieve this effectively.
In the undergraduate level, ethics is often taught as a series of rules and regulations that individuals should, idelay, live by. Domenec Mele(2005) argues that ethical education should not be watered down to to a set of rules that should be memorized and applied mechanicly. Teaching ethics to students is not enough, students must also be motivated to act in an ethical manner. For example, instead of simply teaching studnets the code of coduct related to their area of study, the studnets must also be able to fully appreciate the relation of these codes of coduct to their morals and human