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Business Ethics Essay Examples

Analysis of Current Event at Telstra

...Similarly on the question of whether Telstra is handling the identified management issue appropriately is manifold but the assessment will review two issues that offer succinct answers to the question. First, proper management of a company circles around how best a company maximizes a profit and expands networks (ResearchMoz, 2013). Through the management issue, Telstra has leveraged the risks of economic downturns by diversifying its income channels. The growing domestic market and the boost in...

Ethics and CSR in British American Tobacco

...In conclusion, WHO seems to disprove a direct alliance with BAT but they do not overlook the tobacco industry’s effort to help at any cost. There are facts that WHO, being an essential stakeholder, still has a concern in a dispute with BAT and its CSR performance. Therefore, recognising the tobacco business’s effort to take on with critical stakeholders, if done successfully, could lead to beneficiaries but in the long run, is cast off by WHO. Thus, the efficiency of s...

Ethical dilemma in nursing profession

...In conclusion, ethical principles are very significant in the nursing practices since they guide the nurses to make their every day decisions. The nurses, however, face ethical dilemma since they are not able to decide whether they are not able to determine whether their decision is either right or wrong. Nursing is a profession that requires a lot of decision making since they are working to save patient lives, though they are required to make decisions depending on the c...

Business Ethics: Ethical Decision Making and Cases

... From my person point of view it was unethical for the company to pay out $100 to Ralph. This is because of the company’s serious side effects to the environment. If the company had evaded paying Ralph $100, EPA would have takes the initiative to shutdown and imposes fine to the pulp industry. The fine would have compensated the long time the industry has been polluting the environment, more so for the pulp industry to repair and replace outdated equipment. I also thing the industry...

SEMINAR REPORT ON CORPORATE SOCIAL RESPONSIBILITY A CASE STUDY OF WIPRO

...For a child to come regularly to the school and stay interested in school activities, it is necessary that the school is equipped with proper infrastructure. Moreover, research has shown that lack of toilets facilities for girls is the main reason for the high dropout rates among students. In the Government School in Veveknagar, Bangalore-India, Wipro Cares has constructed toilet blocks to cater to e student population. Along with that, we have provided a gate, which will ensure that the kids w...

Ethical dilemmas in the workplace

...I don’t know if whistle blowing violates company loyalty but it sure would make it an uncomfortable place to be if it occurred often. I would have to think that morale would suffer and the chance of derogatory behaviors would increase. Too much of it you may even see a threat of workplace violence. I don’t think an employee has an obligation of loyalty to a company, even a prima facie one, because companies are not the kind of things that are properly objects of loyalty. I do however feel th...

Corporate governance ethics

...Corporate governance involves directing and controlling all operations of a corporation. Therefore, all unethical issues are as a result of incompetent corporate governance.  Most ethical problems associated by poor corporate governance include evasion of taxes, not meeting their corporate social responsibilities such as environmental protection and unfair wages to employees and production of poor quality goods to maximise their profits. The problems have led to a dilemma between the corporatio...

Critical analysis of marketing ethics- corporate social responsibility

...In a nutshell, a serious company in today’s globalized market cannot assume the need for sustainable CSR policies that it should effectively carry out (Waddell, 2000, pp.323–345). The various dimensions of CSR such as environment, social, consumer, supply chains, and employee relations have been seen to pose serious impacts on the marketing mix strategies adopted by the firm such as Nike. Finally, it is recommended that all approaches to CSR must be considered and the best approach or a comb...

Entrepreneurship and Small Business Management: Family Enterprise

...The fact that the company has managed to successfully employ skillful individuals especially in the top managerial positions is a clear indication of its future progression. However, family members ought to distance friendship from business activities in order to avoid mistakes such as those done by Coughlin from occurring again. The company also ought to deal with some of the challenges it faces such as employee complains so that it can maintain a positive image in public eyes. Other than that,...

VIEWS AGAINST THE NEOCLASSICAL ECONOMICAL SHAREHOLDER APPROACH

...Kellogg’s company follows and maintains the social responsibility as a result they have achieved many awards and recognition such as world’s 100 most reputable companies, powerful brand, innovative company by Forbes, In 2012 news week awarded Kellogg’s with green ranking, reader’s digest awarded with most trusted cereal brand and great place to work institute in Spain awarded Kellogg’s with best companies with 100-250 employers. Therefore corporate social responsibility is a strategy t...

Ethics in Business: Annotated Bibliography

...In an article “Insider Trading, Investor Harm, and Executive Compensation.” by Robert Thompson published in 1999 discusses the harm insider trading does to investors of a company. Thompson states that insider trading is morally corrupt because it is unfair and greedy to use information that is not available to the public in order to benefit and protect themselves. This agrees with the article "Walmart Accepted Clothing from Banned Bangladesh Factories" by Michael Tushowski published in 2013 ...

Kitchen Best Analysis

...Henry Chan and Kitchen Best can resolve their current business issues and improve the business operations of the company. While the Chan family’s intentions were to create and maintain a company their lackluster attitude towards corruption has made the company liable. With the suggestions provided in this analysis Kitchen Best’s business operations can improve and eliminate the corruption within the company. The scope of improvements necessary for Kitchen Best is vast, which will take a sign...

Ethical and Socially Responsive Business

...2- A second key area of The Cheesecake Factory’s code of ethical conduct that is of significant importance is in Article V, in the “Compliance with Company Policies and Procedures,” section that pertains to confidential information. It is very important and essential for the success of any company and business especially, the confidentiality of information, especially for third parties, be maintained. This leads to another key area that is also in Article V of the company’s code of ethic...

Ethical and Legal Issues in Nursing

...American Nurses Association, Code of Ethics for Nurses. (2014). Retrieved from http://nursingworld.org/MainMenuCategories/EthicsStandards/CodeofEthicsforNurses/Code-of-Ethics.pdf American Nurses Association, End of life issues. (2014). Retrieved from http://www.nursingworld.org/MainMenuCategories/EthicsStandards/End-of-Life Blais, K.K., Hayes, J.S. (2011). Professional Nursing Practice: Concepts & Perspectives. (6th ed., cpt. 6). Upper Saddle River, NJ: Pearson/Prentice-Hall. Chitty, K.K. &a...

Business Ethics

...In this unit learners will examine the theoretical roots to the background and growth of business ethics. They will look at the different types of ethical issues a business needs to consider and how the development of ethical values impacts on business behaviour. It is important for learners to appreciate how taking an ethical stance affects businesses both internally and externally, including the effects on stakeholders. Learners will explore the social implications of business ethics for a wid...

Analysis of an Ethical Dilemma

...Furthermore, the Courts would likely have to rely on a narrative approach to ethical decision making. Purtilo and Doherty (2011) define the narrative approach as information told through stories that, as a result, affect the human experience. With the barrage of coming from the Schiavo case, the Supreme Court must be sure to gather all the relevant details in order to establish facts, relationships and values. Consequently, this is the first step in many ethical theories as well as Purtilo and ...

The Six Components of Successful Ethics Training

...This is a good way to build a two-way communication between the employee and the team leader. After the survey and review, human resource department will analyze the data to re-evaluate current ethical program. Human resource department will determine which parts of the program are successful, and what’re needed to improve or adjust. If an incident has occurred, then the department will archive all documents that relate to the incident for future reference. The ethical program committee will d...

Role of Ethics in Advertising

...Puffery means false praise. It is a language which is used in promotion of different products to make the products more appealing and attractive. Advertisers make false claims in puffery to persuade people which are difficult to prove. The better, best, finest, great and greatest kinds of words are used in puffery. For example, a coffee shop claims that their coffee is the best coffee in the city or a beauty cream manufacturer proclaims that their cream will remove the wrinkles from face in few ...

Business Gone Green Ethical Reasoning Assignment

...To recapitulate, through globalization and communications revolution, it is inevitable for companies to face ethical and cultural conflicts. Ikea reflects the realistic marketing choices confronting many globalized companies around the world, with the companies not hesitating to localize their marketing communications though it is against the company’s code of conduct. While Ikea’s motive remains unknown, it has apologised nonetheless. This lesson learnt serves as a corporate red light to Ik...

Johnson & Johnson Consumer Products, Inc.

...Many companies use storytelling and the mission of previous company leaders as a way to inspire employees and get them on board when working towards company goals. In the case of Johnson and Johnson, the importance of “Our Credo” has been evident since conception, and continues to play a signifiacnt role in the company today. When looking at the above benefits that an ethics oath can provide a company, Johnson and Johnson has been able to experience the rewards associated with each of these ...

Literature Review on Business Ethics

...value-based leadership. The International Journal of Leadership in Public Services, 8(4), 201-215. doi:http://dx.doi.org/10.1108/17479881211323599 Cameron, K. (2011). Responsible leadership as virtuous leadership. Journal of Business Ethics, 98(1), 25-35. doi:http://dx.doi.org/10.1007/s10551-011-1023-6 Daft, R. L. (2013). Organization theory & design. Mason, OH: South-Western Cengage Learning. De Cremer, D. and de Bettignies, H.-C. (2013), Pragmatic business ethics. Business Strategy Review,...

Trend of Corporate Social Responsibility (Csr) in Uk.

...Admin2. 2013. Walmart Accepted Clothing from Banned Bangladesh Factories | Business Ethics. [Online] Available at: http://business-ethics.com/2013/06/17/1606-walmart-accepted-clothing-from-banned-bangladesh-factories/ [Accessed: 20 Aug 2013]. BBC News. 2013. Primark helps Dhaka factory victims. [online] Available at: http://www.bbc.co.uk/news/business-22346220 [Accessed: 29 Aug 2013]. Bergman, B. 2013. Primark 'shocked' by Bangladesh building collapse - Telegraph. [Online] Available at: http://w...

An Ethical View

...Since the laws vary from state to state, I know it would be beneficial for me as a counselor to use the following ACA Codes of Ethics to handle such issues: B.5.b.(Responsibility to Parents and Legal Guardians) states, “ Counselors inform parents and legal guardians about the role of counselors and the confidential nature of the counseling relationship. Counselors are sensitive to the cultural diversity of families and respect the inherent rights and responsibilities of parents and guardians o...

Business Ethics

...From both a spiritual and an ethical perspective there is no way that I would advise Benji to accept this job offer. Although this job appears lucrative from the outside looking in, upon further research Benji should realize that this company’s foundation is based upon furthering the profit for the CEO and not taking into consideration of the stakeholders. Furthermore, New Gen is a company that is dishonest and shows a total disregard to the integrity that a reputable business would display. I...

Whistle Blowing

..."Ethical Standards for Information Systems Professionals: A Case for a Unified Code," MIS Quarterly, Vol 16, No 4, pp 423-433. Parmerlee, Marcia A., Near, Janet P., and Jensen, Tamila C. (1982), "Correlates of Whistleblowers' Perceptions of Organizational Retaliation," Administrative Science Quarterly, Vol 27, pp 17-34. Pierson, J. K., and Forcht, Karen (1990) "Whistleblowing as a Computer Abuse Countermeasure," Data Security Management, New York: Auerbach Publishers. Rowe, M. P. and Baker, M. (...

Boundaries in a dual relationship

...The ACA code of Ethics is a document by which professionals in the world of Counseling used for determining standards and laws. For example if a counselor finds out that her daughter was dating the son of a marriage couple she is counseling in her group sessions. With this kind of case the complexity of issues around dual relationships is not exactly clear. The first step in this case should be to consult with a supervisor. The relationship between the daughter and son is meaningless in the long...

Code of conduct

...A code of conduct is developed either by a powerful executive, or often the owner. In amazons case is feel this was a cross section of employees that have executive influence, so it would be easier to incorprate and integrate. It is more likely to affect the actual beleifs and operation of the organization. The code of conduct will most likely acheive full implementation with in the organization when more are involved in the creation. Due to this I feel amazon has missed a few valuable areas in ...

Business Ethics and Issues

...Ferrell, O. C. (2007) nature and scope of marketing ethics. In G. Gundlach, L. Block & W. Wilkie (Eds), Explorations of marketing in society, Mason, OH: Texere/ Thomson South Western Ferrell, O. C., Fraedrich, J. and Ferrell, L. (2009) Business Ethics: Ethical Decision Making and Cases, 7th edition, USA: South Western Cengage Learning Klein, J.G., N.C. and John A. Smith. (2004). Why We Boycott: Consumer Motivations for Boycott Participation. Journal of Marketing, 68 (3): 92-110. LeClair, D.T...

Ethics, Justice, and Fair Treatment in HR Management

...In terms of ethics, justice and fair treatment in human resource management, we glean the importance of firstly the individual having a firm ethical framework, the organization also fostering the same and the society which embellishes the same. Governments are the regulating and enforcing entities of the same. We note in closing the authors remarks: “Of course, few societies rely solely on managers’ ethics or sense of fairness to ensure that they do what’s right by [to] their employees.”...

Ethical conduct and the work environment -Apple Inc

...Apple Inc, ‘Apple Supplier Code of Conduct version 4.0’, January 2014, retrieved on 1/04/14 from: https://www.apple.com/supplier-responsibility/pdf/Apple_Supplier_Code_of_Conduct.pdf Business Ethics Case, Cody Wopschall, ‘Apple Inc, Severe Employee Abuse’, 2013, retrieved on 2/04/14 from: http://businessethicscases.blogspot.com.au/2013/04/apple-inc-severe-employee-abuse-2011.html China Labor Watch, ‘Apple's Unkept Promises: Investigation of Three Pegatron Group Factories Supplying to A...

Ethical Issues Affecting Each Component of the Marketing Mix

...Carroll, Archie, and Buchholtz, Ann. Business and Society: Ethics and Stakeholder Management. Ohio: Cengage Learning, 2008. Fraedrich, John, Ferrell O. C., Linda Ferrell. Business Ethics: Ethical Decision Making and Cases. Ohio: Cengage Learning, 2009 Shimizu, Koichi. Advertising Theory and Strategies.16th ed, Souseisha Book Company: 2009. Stone, Phil. Make marketing work for you: boost your profits with proven marketing techniques. Small business. Oxford: How to Books Ltd, 2001. Swarbrooke, Joh...

Treat Animals Friendly to Be Friendly Treated

...Last but not least, the issue also carries social significance. As human beings dwell in the ecosphere of the Earth, it is every person’s responsibility to preserve the balance of nature. The famous concept of butterfly effect may have been exaggerated, but human invasion into nature has brought a series of catastrophes to the fauna world with far-reaching, unpredictable consequences. A primary reason of such misdeeds is that human beings did not consider animals as legitimate members of this ...

Values, Mission, Vision of some Engineering Companies

...In meeting our goals for quality, cost and schedule, we do not compromise safety. We value the skills, strengths and perspectives of our diverse team. We foster a collaborative workplace that engages all employees in finding solutions for our customers that advance our common business objectives. We act with integrity, consistency, and honesty in all that we do. We value a culture of openness and inclusion in which everyone is treated fairly and where everyone has an opportunity to contribute. W...

Practices of Leadership contribute to managing sustainability

...It is evident that practices of leadership have an effect in the development and management of ethics and CSR. Through the articles I was able to analyse the effects that CEO’s have on their own organization in decision making, whether variables such as age, religion etc have an influence in the ethical decisions that are made by the leaders. The emphasis of a conscious leadership business portrayed the beneficial longer term benefits for the business when stakeholders are seen as the center r...

The Aca Codes of Ethics

...American Counseling Association (ACA). (2005). 2005 ACA code of ethics [White Paper]. Retrieved from http://www.counseling.org/knowledge-center/ethics American Mental Health Counselors Association (AMHCA). (2010). 2010 AMHCA code of ethics [White Paper]. Retrieved fromhttps://www.amhca.org/assets/news/AMHCA_Code_of_Ethics_2010_w_pagination.pdf 2010 AMHCA Code of Ethics used with permission of The American Mental Health Counselors Association (AMHCA). Herlihy, B., & Corey, G. (2006). ACA ethi...

Financial Management Challenges

...Foreign markets, apart from financial integrity are another challenge. “The time period and ban on the entry of the foreign market affects the financial manager’s valuation or process of reporting,” (Hickman and Byrd, 2011). “The inconsistent regulations and strong rule of law in the foreign markets should be reported to the stakeholders,” (Chan, 2005). Financial managers are expected to report ethical issues that affect a firm’s market. “The challenge of cultural misunderstanding ...

Ethical Business Behavior

...Svensson, S., & Woof, S. (2008). A model of business ethics. Journal of Business Ethics, (77), 303-322: DOI 10.1007/s10551-007-9351-2. Retrieved November 30, 2011 from http://www.hh.se/download/18.70cf2e49129168da0158000103376/2007%2BModel-of-Business-Ethics.pdf Sethi, S. P.: 2003, _Globalization and the Good Corporation: A Need for Proactive Co-existence_, Journal of Business Ethics 43, 21-31. Paine, L. S.: 1994, 'Managing for Organizational Integrity_, Harvard Business Review March/April, ...

Mission vision

...The mission of NSU is to produce highly skilled manpower, visionary professional leaders and responsible and enlightened citizens. This mission is achieved by imparting high quality higher education, and training, and by conducting useful research so that individuals can achieve their intellectual, social, and personal potentials. NSU is committed to developing human capital by sharpening creative thinking. In addition to creation and dissemination of knowledge, its mission includes promotion of...

Moral values, ethics and philosophy

...Ethics, also known as moral philosophy, is a branch of philosophy that addresses questions about morality-that is, concepts such as good and evil, right and wrong, virtue and vice, justice, etc. Ethics develop feelings of right or wrong. Ethics consists of the standards of behavior our society accepts. In any society, most people accept standards that are, in fact, ethical. But standards of behavior in society can deviate from what is ethical. An entire society can become ethically corrupt. Nazi...

Boundary Issues

...Failure to set professional boundaries can cause you to burn out from caring for the client beyond what is required of a professional relationship. If you do not maintain a professional relationship you can find yourself acting in an unethical manner. How to prevent poor professional boundaries: Explain your role as provider and the limits of your availability to the client outside of office hours at the beginning of the relationship. Make it clear that the client will only be able to contact yo...

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