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Essay Business Ethics
1. Essay Business Ethics
Business ethics is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They
apply not only to how the business interacts with the world at large, but also to their oneâonâone dealings with a single customer.
Examples: What would you do?
ĐâąYou are in a headâtoâhead battle with your arch competitor, Evil Enterprises. One of your coâworkers approaches you. He has recently joined your
company after having worked for a second competitor for several years.
He suggests, "I made notes on all of Evil's bids when I could get the data. They use some clear cost standards. Would you like me to bring my notes to
the office tomorrow and let you look through them?" How do...show more content...
A business may be a multiâmillion seller, but does it use good business ethics and do people care? There are popular soft drinks and fast food restaurants
that have been fined time and time again for unethical behavior. Business ethics should eliminate exploitation, from the sweat shop children who are
making sneakers to the coffee serving staff who are being ripped off in wages. Business ethics can be applied to everything from the trees cut down to
make the paper that a business sells to the ramifications of importing coffee from certain countries.
In the end, it may be up to the public to make sure that a company adheres to correct business ethics. If the company is making large amounts of
money, they may not wish to pay too close attention to their ethical behavior. There are many companies that pride themselves in their correct business
ethics, but in this competitive world, they are becoming very few and far between.
Code of Ethics: What is it?
A code of ethics is a set of guidelines which are designed to set out acceptable behaviors for members of a particular group, association, or profession.
Many organizations govern themselves with a code of ethics, especially when they handle sensitive issues like investments, health care, or interactions
with other cultures. In addition to setting a professional standard, a code of ethics can also increase confidence in an organization by showing outsiders
that members of the organization
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2. Essay about Ethical Issues in Business
2. Ethical Issues in Business. It seems that every day in the news we are hearing of new company that has acted at least unethically and possibly
illegally in the operation and financial reporting of their company's business dealings. There are many ethical issues in business. One major issue that
we see is over and under reporting net income. Companies like to show that every quarter the net income of the business has an increase or profit. In
order to show this they adopt unethical or illegal means in the operation and financial reporting. One such method is the indiscriminate use of stock
options for employees that enable companies to take employment costs off balance sheet and inflate earnings. With the recent ethical issues we have
...show more content...
Chapter 3, Question 14 Assuming that the demand and supply for premium coffees are in equilibrium, the price will be at a constant, without
significant pressure from the market. If Starbucks introduced the world to premium blends, this would cause a positive shift in the demand curve.
There a higher equilibrium price and higher quantity when demand increases and supply remain unchanged. As prices increase, and the market moves
to a new equilibrium, we will see higher wages, more advances and investments in technology and infrastructure, and greater competition. As
production become more efficient and competition becomes greater, supply will increase and cause prices to settle back down. There are several
factors that will impact the longâterm equilibrium, such as changes in supply. For example, if a hard freeze eliminated Brazil's premium coffee crop,
this would cause a negative shift in the supply curve. Assuming demand remains constant a negative shift in the supply curve will cause quantity to
decrease and equilibrium price to increase. Research shows that in 2011 a frost occurred in Brazil's southeastern coffee growing belt. Traders worried
that next year's yields could be hurt. At the same time, heavy rains during harvest forced Columbia to reduce its crop estimate for 2011. Understanding
the impact of problems along the supply chain and how the changes in supply
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3. Business Ethics Case Analysis Essay
Business Ethics Case Analysis Ethics and social responsibility in an industry are very important. In certain industries such as the alcohol industry
there seems to be an increase for social responsibility. Due to the nature of the industry producers of alcohol are under greater pressure to be socially
responsible. They are in a market that provides the basis for individuals struggling with addiction. Thanks to this growing problem alcohol companies
may find it increasingly difficult to implement a social responsibility strategy. A company with a social responsibility strategy considers five
components. They apply actions to ensure the company has an ethical strategy and operates honorably and ethically. They implement actions to...show
more content...
In the wine industry wine producers have two basic markets, the low budget substance abusers and the high class table wine drinkers. When wine
producers develop their products they usually have one of these markets in mind. In the case of E & J. Gallo Winery they produce wine designed
for each market. Gallo started out as a small business. In order to get into the market they produced some cheap strong wines that were aimed at
the low income individuals that were looking for a cheap buzz. This strategy was not in the in the range of being socially responsible. As Gallo
became a larger company they began to focus on the more refined table wines meant for the higher class buyer. Gallo wanted to change its image.
They were very successful in producing award winning wines in this category. They also started to lean towards a more socially responsible
strategy. E & J. Gallo Winery acquired many acres of land in order to cultivate grapes for their wine. At the time when they began to acquire the land
the motto from the farmers was to take what they could from the land. Julio of E & J Gallo Winery employed an adage that they should conserve the
soil, the water, and the natural environment. They only cultivated half of the property that they owned. This was due to the 50/50 give back program
that Julio created. This was Gallo's way of sustaining the environment as well as contributing to the
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4. Business Ethics Essay
According to Wikipedia, ethics, also known as "moral philosophy", is a branch of philosophy that addresses questions about morality. Concepts such as
good and bad, noble, right and wrong, justice and virtue. To business, ethics is a tool to examine principles and moral or ethical problems that arise in a
business environment. Therefore, business ethics can be both a normative and a descriptive discipline. Ethics is a part of the larger social ethics, and
also always affect business development. In other words, business ethics is a factor of determining the fundamental purposes of a company. Marketing
ethics is a subset of business ethics. Because in marketing, ethics deals with the principles, values and ideas by marketers; it shows how...show more
content...
San lu was the milk company that suffered the milk crisis in 2008. This company used to be well known over the country, and made huge
contributions to Chinas development. However, since 2000, the milk industry started getting more narrow for competition. For getting higher profits,
San lu had used chemical materials to produce dairy products. In 2008, the whole story was discovered, San lu lost thousands of millions of dollars
and reputation with the brand was broken. In the past, San lu is a large stateâowned dairy producer and was the focus of the scandal since the issue
came to light. Afterward, the U.S Food and Drug Administration warned consumers to avoid buying infant formula imported from China. This would
taint China; also it alarmed all Chinese milk companies. In the early 2010, Shang Hai University published a survey with 300 pregnant women and
mothers from different places in China. 85% thought they would rather order milk products from overseas; 38% are not positive with the nationwide
milk industry. Since this happened, San lu paid a high price. The considerations of the public: What products could we trust? How we conduct with
something might come up with like San lu's story? How should we promote a fair and healthy market competition? Ethics is the key to a business firm.
It is a fundamental sector to determine development and policy creations. According to San lu's case, it reflects that importance of ethics in business.
For future
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5. Essay on Business Ethics
Business Ethics
An Informative Report for Owners, Managers and Leaders of Organisations in Emerging Markets
Table of Contents
1.Executive Summary3 2.Introduction4 3.Approach and Methodology5 4.What is Business Ethics?5 5.Why is Business Ethics Important?6 6.The
Approach to Business Ethics7 7.Conclusion8 8.References9
1. Executive Summary
There are many factors to consider when a company does business with another. Many global businesses give very little regard to one of the most
important aspects. There emphasis is making money and profit.
There is nothing wrong with making money and profit, but the manner in which you make it raises the questions of "Business Ethics."
Business...show more content...
Together this report provides guidelines to support owners, managers and leaders of organisations to establish moral values, principles and standards,
which will address the diversity amongst individuals within the organisation to function as a team.
My focus is primarily directed to the importance of maintaining a business ethical environment and the approach organisations need to carry out in the
21st century when dealing with its partners, society, communities and customers.
The approach and methodology is to summarise the content of my findings and identify the tools you will need to establish a business ethical
environment for your organisation.
4. What is Business Ethics?
6. Business ethics, not only in South Africa, but all over the world has become an important part in the global market. Foreign countries no longer look at
rational organisational structures only, but instead concentrate on emotional values such as staff motivation, behaviour and attitudes.
Many businesses over the years have received a bad reputation just for being operational. This is why so many organisations place emphasis on
business ethical codes of conduct.
Business ethics can therefore be defined as the morals, values, principles and standards of the organisation or the behaviour of the business in its daily
conduct with the outside world. For
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7. Business Ethics Essay
Understanding Business Ethics
Unit 37: National Diploma
Assignment brief
TASK 1:
Scenario: Business ethics â a study of a selected company
With growing interest among consumers regarding the business ethics of the businesses brands that consumers buy, Westminster council wants to
conduct an independent review of some of the organisations that sell their goods and services in the borough. You have been asked to select one of the
following brands and conduct research into their business ethics.
1. Using Primark as a case study, visit their website/conduct research into their activities to help with the tasks below.
Task 1: PRIMARK â GROUP PRESENTATION
Explain the ethical issues Primark needs to consider in its...show more content...
Task 2: Social Implications â McDonalds Describe the social implications of business ethics facing the selected business in its different areas or
activity (P3)
Assess the social implications of business ethics facing the business in its different areas of activity (M2)
Social implications refer to those actions of business that have an effect on society as a whole and relate to a number of areas of business activity.
McDonalds have come under growing criticism in the last few years in terms of the social implications of their business activities. Write a report which
should include the following:
8. A. Describe the social implications of McDonalds business activities. Include the following headings: â Nutritional value of McDonalds Products and
link with obesity
â Food
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9. Essay On Business Ethics
"The state of business schools, business education, and business ethics" was written by Cavico and Mujtaba(2010). The article highlights the
importance of business ethics course to determine some challenging issues business schools face today by integrating with the fundamental basis of
ethics to business, to leadership and to business students' education. More specifically, the ethics course is getting more and more important for society
and the business world in terms of developing ethical comprehension and socially responsible behaviors and also companies have these kind of
expectations from their employees, managers and directors. If the business ethics course was taught in business schools and universities in Turkey, the
most important...show more content...
First of all, such course can be a remarkable opportunity for Turkish society in terms of improving business students' ethical thinking, morally
appropriate behaviors and helping to raise them as socially responsible individuals. In this direction, the business ethics course helps to improve
students and encourage them preparing for business and social life. If there are individuals who have moral consciousness and social responsibility
awareness in a society, it is quite possible to see the development of country highly in terms of social, cultural, economical, educational and
political aspects. Furthermore, such course can be beneficial for Turkish society in the sense of enhancing welfare level. High level of welfare
countries can be advantageous in terms of possibilities provided by the states to the citizens in economic and social aspects. Such countries have the
potential to bring successful leaders to the society. Also, such countries have the chance to raise business students who are well informed about
moral values and social responsibility in both for business and social life. This kind of people in a society enhance the country in terms of social,
economic, cultural, political life and also increase the reputation of the country in the world. The business ethics course is a great opportunity to
reach these purposes properly . When we look at a high development level country, it is possible to see some individuals who are successful in their
school, career, social life etc. At this point, looking at the successful managers and employees in the companies, we can see the benefits of business
ethics course for society. The business ethics course aims to help the students reaching their purposes and being successful in
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10. What Is Business Ethics? Essay
A.Ethics
In business everyone has the power with their ability to spend an amount of money. People have the capacity to change situations in which many
individual does not. As an organization may affect some people, they might have the obligations to their employees, consumers, community and the
outside world. They have the responsibility to manage or control the business in a way that it will not harm, positively the benefits like people as
possible and themselves. This can be simple, there may always be a conflict of interest between various groups of people. Each decision made by
business man or woman has to be made with an informed awareness of the specific situation and then act according to some sort of system of
principals, which is Business Ethics.
What is Business Ethics? .
Business ethics is a form of applied , and that knowethics or professional which analyse ethical principales and moral which means the ethical problem
that arise in business environment. it is examining what is wrong and right.
" Then doing the right thing, but "the right thing" is not as straightforward as explained in many business ethics books
B.Ethical Dilemmas
By definition, ethical dilemma is a moral dilemmas, is like kind of situation where there is a choice must to be make between two options, which the
situation might be resolve in ethically acceptable manner. Ethical situations sometimes present the the conflict, and it is sometimes tempting to
rationalize a particular course
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11. Ethics in Business Essay
Introduction
Ethics in business is important of everyday moral and ethical norms to business. Perhaps, the Ten Commandments from Bible come to mind as an
example of morality that still used by many today. These commandments carry concept of being truthful and honest, and try to stay away from theft
and greed. An idea of stewardship can be found in the Bible as well as many other religious literatures that can be and have been applied to business.
Beside religion, philosophy also carries similar ethical traditions. For example, Plato's main theme of Republic is justice, and Aristotle in his Politics
cares model of economic relations, business and trade. Today, Business Ethics is the conduct that businesses carry in...show more content...
FACTs of WA
âMU
Washington Mutual Bank, aka WAâMU, was organized in September 1889 to help provide funds for rebuilding Seattle after the great fire. Washington
Mutual became the largest thrift in the US, and one of its largest banks. From that beginning, Washington Mutual has grown into financial services
company that offered services in mortgages, credit cards and retail landings. "But if its rise was storied, its fall was spectacular, ending in the largest
bank failure in American history to date" (The New York Times, 2010). Sadly, Washington Mutual Bank, or WA
âMU, was seized on Thursday,
September 25, 2008.
In April 21, 1982, Washington Mutual acquired Murphey Favre, Inc. and Composite Research & Management Co. WA
âMU decided to keep on the
firm's executive vice president, Kerry K. Killinger. Kerry was elevated to the position of president in 1988 and chief executive officer in 1990 (The
New York Times, 2010). Kerry's leadership brought new strategies to the company. According to The New York Times (2010), in July 1996, Mr.
Killinger engineered the purchase of the 158âbranch Californiaâbased American Savings Bank, a $1.4 billion deal that nearly doubled the size of
Washington Mutual, instantly making it the third largest American savings and loan.
Financial centers were redesigned, exchanging the traditional banking atmosphere for that of a department
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12. Essay on Business Ethics
Business Ethics The statement has been made that "ethics has no place in business" and the implications of this statement and its inferring
characteristics provide a complex issue in the operation of national and multinational corporations.
Because ethical decision making is often not as profitable as choices that do not embrace ethical elements, the perspective has emerged that the nature
of an effective business mindset inherently brings about unethical behavior.
In order to consider this statement and its implications, it is necessary to recognize the ethical decisionâmaking processes of a number of companies, and
reflect upon the fiscal, organizational and operational implications of ethical choices and then relate this...show more content...
But unlike many corporations, Merck recognized a moral obligation reduce the suffering of millions of people, and as a result, made a costly but
ethically sound decision to pursue research, development, production and distribution of the drug.
Many business theorists would argue that Merck's choice may have been ethically sound, but that it did not reflect appropriate business acumen. The
choice was costly, impacted competitiveness for the company at a time when risking declining sales was not in their best interest, and put the company
in risk of liability (4). But the company also had an obligation to their shareholders to make business decisions that represented their best interests, and
the conflict between the interests of those outside of the corporate structure and the shareholders, employees and administrators of the company
demonstrate the reason that ethical choices are not applied more freely in the business arena. It can also be argued that by making ethical decisions in
favor of drug development, that Merck was also inherently making unethical decisions in terms of their obligation to the shareholders and the standards
of
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13. The notion of ethics deals with people's behaviors within a company. Social responsibility involves a company's moral obligations and the manner in
which the organization makes its decisions. Although ethics and social responsibility are similar on a conceptual basis, each has its own unique
characteristics that express their differences and its independence of the other.Ethics and social responsibility have to be present and coincide with one
another for a business to be ethically sound.
Ethics is the application of one's personal beliefs and the impact on how a person makes decisions regarding the relationships involving a company. The
most common agents that involve a person's decisions are owners, employees, customers, clients,...show more content...
There is a fine line between what is ethically right or wrong with an action committed by an organization. According to Audi, "sometimes ethics is
compromised without dishonesty but by deficiencies in clarity or candor or both" (Audi, 2009). Being dishonest and not telling the entire truth are
examples of ethical dilemmas. On the contrary, social responsibility applies only to an organization or business, whereas ethics applies to people's
behaviors and how the obligations determine whether an action is right or wrong. Social responsibility is the application of a set of ethics to a business
or organization. Edwin Epstein's definition of corporate social responsibility supports the idea that corporate responsibility is ethically based in its
decisions with the agents associated with the company. Epstein stated, "Corporate social responsibility relates primarily to achieving outcomes from
organizational decisions concerning specific issues or problems which have beneficial rather than adverse effects upon pertinent corporate
stakeholders" (Carroll, 1996). Social responsibility contains both the responsibility to discover employee misconduct while also maintaining good
relationships with those outside of the business. According to Berenbeim, it is the corporation's responsibility to maintain those good relationships with
the agents of interest paramount to the obligations to minimize the risk of employee misconduct (Berenbeim,
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14. Business Ethics Case Study Essay example
1.The Facts: Kermit Vandivier works for B.F. Goodrich. His job assignment was to write the qualifying report on the four disk brakes for LTV
Aerospace Corporation. LTV purchased aircraft brakes from B.F. Goodrich for the Air Force. Goodrich desperately wanted the contract because it
guaranteed a commitment from the Air Force on future brake purchases for the A7D from them, even if they lost money on the initial contract.
John Warren is a sevenâyear senior project engineer with Goodrich was directly in charge of the original computations for the brake and the
preliminary design. While using Warren's design, it was Searle Lawson's job to run the preliminary test for stopping 51 times. Lawson found that high
temperatures increased the...show more content...
Mr. Vandivier later testified that several procedures violate military performance criteria. When the fourteenth series of test stops were completed,
Lawson asked Vandivier to help him to write the data and graphics report showing that the brake had qualified. He stated to Lawson that the data
report would have to be falsified to clear the brakes. Lawson replied he is aware of falsifying the data report, but he has orders to write it regardless of
the actual data.
Vandivier's managers insisted on him to write the entire report including the graphs and charts. Mr. Vandivier complied and on June 5, 1968 that the
qualifying report was finalized.
2. Obligation: The stakeholders here are Vandivier, Lawson and B.F. Goodrich. Each participating actor will be affected by the actions of others at
Goodrich. By Vandivier and Lawson freely entering an agreement to act as an agent for Goodrich, this means they accept the moral and legal duty to
serve their employer loyally, obediently and in a confidential manner as specified in the law of agency. With Vandivier teetering whether to do the
report, his decision will significantly impact his wife, his colleagues, and LTV and unknown citizens. If he follows through, he will have several deaths
on his hands with the possibility of more causalities. On the other hand, if Vandivier holds his ground
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15. Essay on Business Ethics
Running Head: Business Ethics
Business Ethics name school
The modern theory of the firm, which is central to finance and corporate law, views the corporation as a of contracts among the various corporate
constituencies. Upon this foundation, finance theory and corporate law postulate shareholder wealth as the objective of the firm. Research in business
ethics has largely ignored this contracts theory of the firm except to reject the financialâlegal model as normatively inadequate. Philosophers generally
bring philosophical theories of ethics to bear on problems of business, and they regard the contractual theory of the firm primarily as a subject for
criticism using the resources of philosophical...show more content...
How specifically can employees, customers, and other constituencies be wronged such that a remedy ought to be devised? In other words, what are the
main ethical problems in business?
The following threeâfold classification, which is derived from the literature on the ethical problems of contracting, does not encompass every business
ethics problem, and, indeed, the next section lists many kinds of problems that are not related to contractual relations. The classification provides a
useful perspective; however, on a great many problems of business, and by viewing them within the context of the contractual theory, appropriate
remedies can also be identified.
Wrongful Harms
All constituencies, including shareholders, are vulnerable to loss of one kind or another from the activities of a firm. Many of these losses take the form
of negative externalities, such as occupational hazards, consumer injury, discrimination, wrongful discharge, pollution, and plant closings.
Shareholders, too, can be harmed by fraud, financial manipulation, and mismanagement that reduce the value of a company's stock. Whether harm is
"wrongful" depends, of course, on some standards for the harms that constituencies ought to be protected against, and although developing
such standards is difficult, we have many examples in tort law and government regulation. For example, developing a standard for workplace safety
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16. Essay about Ethics in International Business
Ethics in International Business
Abstract
International business ethics challenges the corporate world to deal with questions of what to do in situations where ethical standards come into
conflict as a result of the different cultural practices in the nation. Since, there is this dilemma that has progressively troubled the large multinational
corporations, international business ethics has arisen to help address these adhesive subject matters. There are several international business ethics
discussions on the question of how to act in the home country as opposed to the host country is at the central point of most international corporations.
The argument in question is how companies should practice their business according...show more content...
The values and culture have reflective impact on ethical climate in organizations which inhabits on the ethical measurements changing in the structure
of an organization. All these concepts facilitate the motivation of both employers and employees that would lead positive effects for organizations.
Motivation is a psychological trait that would lead an individual or related party to a desired action on a definite goal. Motivation in an organization is
considerable to sustain an employee with occupational pleasure, individual satisfaction, and positive contribution to the work place and its environment.
Ethical Management, Impact on Individual and Organizational Performance Companies are supposed to be able to achieve and demonstrate an ever
increasing performance showing improvement on leading in their industries to acquire competitive advantages. Having a high level of performance
could be greatest achieved with competent and motivated employees. The conduct of business in an organization with an ethical manner is of great
importance to secure an increasing performance as well. Organizations functioning towards ethical standards should ensure unbiased applications of
business and recall a sense of justice to stimulate motivation among their employees. Employees that are motivated through a positive ethical
organizational climate and leadership do much better than a less motivated employee. This promotes the organizational achievement that causes
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17. Case Study On Business Ethics
Course
Date
Student's Name
Institution
Case Study on Business Ethics
Introduction
Ethics describes combination of values that guide the behavior and conduct of persons or entities. It facilitates them to distinguish between wrong and
right, good and bad, what can be or should be done and what cannot and should not be done. Business contracts are lawfully binding. However, they are
effectual with a robust ethical framework where parties observe and satisfy their contractual responsibilities. An efficient operative economy is enabled
by competing for, acquiring and completing contracts ethically. In the case of engaging in unethical conduct a company may lose contracts, particularly
government contracts, and waste resources in litigation while looking for damages. This article describes the strategy notion and different
methodologies to the tactical use of social responsibility and ethics for the business environment and also impact to the employee
Discussion
While discussing ethics, corporate culture includes shared values, beliefs, attitudes, and standards that describe an organization members as well as
define its nature. It is embedded in an establishment 's strategies, goals, structure, and approaches to investors, customers, labour, and the society as a
whole. Honesty is the character of an individual being sincere, truthful or frank. On the other hand Integrity refers to being honest and having stout
moral values and moral uprightness. All the define aspects
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18. Essay on Business Ethics
Kristine Martin Business Ethics Unit 3 Case Summary âChina, India, and WalâMart: Issues of Price, Quality, and Sourcing:: Case Questions: 1. What
are the ethical issues associated with WalâMart's extensive sourcing of lowâcost products from China? WalâMart pricing is too low. As the world's
largest retailer, WalâMart leverages its huge orders to convince factories to sell goods at low prices that are not sustainable. This puts pressure on other
brands to pay less, thereby setting a dangerous industry precedent. According to Correspondent Hedrick Smith: "We heard that story again and again
from American manufacturers in sectors as diverse as electronics, apparel, bicycles, furniture, and textiles. They expressed private...show more content...
In the first national independent poll of WalâMart associates, conducted by Lake Research Partners in May and June of 2011, concerns about staffing
levels were broadly cited by associates among top three things they would change with the company, after higher pay and more respect on the job.
Among the other findings: * Nearly ĐŃ say understaffing has created problems such as stockâouts, messy stores and poor customer service; * In
contrast to company statements regarding high levels of employee satisfaction, 84% say they would take a better job if they could find one * ĐĐ say
they are living paycheck to paycheck; only 14% describe their household as living comfortably. Across the country the reductions in staffing have
translated into significantly increased workloads. A few examples convey the scale of the changes: * An associate in the electronics department in
Southern California: "There used to be four or five people in consumer electronics at any given time, now it's one or two;" * An associate in
overnight stocking in Southern California: "I used to do five pallets a night, now they say I have to do 12;" * A former assistant manager in Seattle:
"Our store used to have about 600 employees, now it's about 350." (Marshall) What
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19. Essay on Business Ethics
Business Ethics
Corporate fraud has grabbed national headlines repeatedly in the last year. Although, Enron and World Com are two of the highest profile cases of
corporate scam, ethics in the business world are generally deplorable. One of the most morally reprehensible cases to hit the newspapers in the past
several years is that of Robert R. Courtney. His sense of business and personal ethics reflects moral depravity at its darkest moment. What he did was
evil on both a business and certainly on a personal level. As a pharmacist, he was entrusted by patients, oncologists, and major drug companies, to fill
prescriptions for cancer patients. He defied and denied this trust. Apparently he owed the IRS $600,000, and ironically...show more content...
Courtney violated this theory. What he did in essence was to cruelly twist the theory of utilitarianism by delivering the greatest harm to the most people
he could. He had it turned around and was apparently not concerned with how his greedy, shortâsighted , and immoral behavior was affecting others.
Although this theory gives latitude to individual definitions of "good", Courtney 's manipulation of good and evil, right and wrong could not be
justified on any level.
Immanuel Kant posed a different framework from which ethics evolve. He supposed that actions spring from a person's sense of duty. Is it possible
Robert Courtney felt his duty to the IRS and to his local church was more important than his professional duty to dying cancer patients? Courtney's
duty as pharmacist should have prevailed and kept him from doing what he did. Both teleological and deontological theories emphasize dignity and
respect. Robert Courtney violated each of these theories. In the beginning, regardless of his actions being accidental or deliberate, the pharmacist must
have contemplated his own sensibilities and moral convictions. Supposing that Robert R. Courtney had never developed any moral character, rules
governing pharmacists' behavior prohibit what he did. It was his duty to take these rules into account and abide by them, when in fact Courtney did the
exact opposite. He defied personal and professional
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20. Essay on Emerging Business Ethics Issues
Stakeholders play a major role in the business arena, they are charged with the responsibility of ensuring their organization is a safe environment not
only for themselves but for their employees. In a seemingly competitive and morally flawed world, business people and entrepreneurs are often
presented with grave ethical challenges. For this reason their personal values and beliefs play a pivotal role in the success of the organization. When
concealing doubts about the ethics of others, more than a few tend to feel warranted in engaging in lessâthanâideal conduct to protect their own
interests. Because of these politics, in most circumstances even the most cultivated moral quarrels are unlikely to lessen this behavior. More often than
not...show more content...
For businesses, it's very important to distinguish between the two. Business leaders must realize decisions that are made, especially those that are
personal may be unsettling and have a profound effect on the interest of a company; behavior such as this can result in both ethical issues and
dilemmas. For this reason authors suggest individuals, should be honest, fair and above all exhibit integrity.
When examining ethical issues as they relate to the basic values of honesty, fairness and integrity, it is not hard to see how they should be used not
only in the business arena but in everyday life. Honesty refers truthfulness and trustworthiness. Fairness, which is the art of being just and integrity, a
simple word yet it requires much. Integrity causes an individual to put service before self. Using these basic values as a guideline or rule of conduct
by which we aim to live, can be crucial in any organization. Although, there are a fairly significant number of individuals who are still willing to
"operate on the margin" or sacrifice longâterm values for shortâterm gains, some companies have learned these three basic rules the hard way and have
begun to take a different course of action based on their prior downfalls. According
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21. Essay on Business Ethics
Sabeel Rehman
Business Ethics
10/12/13
Case Study
What are the ethical and legal issues at stake in this scenario?
A: Karl has to deal with some ethical and possibly legal issues in the marketing of his game "Breakaway". It is an issue ethically simply because he
himself has to find out it is suitable to market a game that primarily gives its focus on nudity, violence, and gambling. When it comes to legal issues, is
it legal to market these things in foreign countries and on the Internet? This is what he needs come to reality with and needs to think about. If they have
the ability to market this game in other countries, then they would have to change different parts of the game for the countries that Will has looked into
...show more content...
I mean I know it would be my responsibility. But, there needs to be a limit. Gambling is apart of society in America. Any time there is an opening
in a shopping plaza a gambling place opens up. To me that shouldn't be the case, because then it can have a lot of people come in and, a lot of times
lose money. It's a good idea and a great way to generate revenue for the company itself, but bad for people who have a bad habit of gambling.
Violence is getting worse as well. Today the world is turning into a monkey see monkey do society. There a lot of causes of this such as, video games
being played, the things people see on TV or actually see in person. It's actually getting more dangerous. With the media promoting more and more on
what's happening in violence. And no justice is being done about it; it's letting the young youth have permission towards exactly what they're doing.
Which isn't a good sign.
Is marketing sex, violence, and gambling acceptable in other countries if these things do not conflict with local cultures?
A: Unfortanently yes it is. For example look at the continent of Europe. The have a red light district system where it is legal to advertise sex in
windows. There are streets alone that are dedicated to prostitutes legally if you are age. I don't think gambling and violence is acceptable. Because
they're more strict and secure on that category. But I rather find it odd that there strict on those things but not nudity. I mean I have a feeling it