This document contains an outline for a project on business ethics focusing on the ethical impacts of globalization. It includes sections on introduction, social responsibility, the greening of management, values-based management, managerial ethics, and conclusions. The introduction discusses how economics has moved away from normative issues and the need for a behavioral business ethics approach. It also addresses challenges with public policy lectures on trade topics.
A chosen topic related to Business and how chosen philosophies of European thought would have viewed such a business-related situation. The chosen topic was sexual harassment in the corporate setting and looks at the cognitive, utilitarian views, the deontologists and the views of Immanuel Kant.
This is a Key Note Presentation entitle "STATISTICS & MANAGERIAL ETHICS : OVERVIEW OF PROBLEMS AND TOTAL SOLUTIONS" was presented at The 1st ISM International Statistical Conference (ISM-1)”, Johor Baharu, Malaysia, 4-6 September 2012, which was held at Persada International Convention Centre, Johor Baharu, Malaysia.
I have revised the presentation to include Maqasid Al Shariah as a solution to problems Managerial Ethics in Statistics. I have redefined statistics as follows:
"Statistics is a scientific method of collecting, organizing, presenting, analysing and interpreting numerical information, developed from mathematical theory of probability, within the ethical values of Maqasid al-Shariah”
A chosen topic related to Business and how chosen philosophies of European thought would have viewed such a business-related situation. The chosen topic was sexual harassment in the corporate setting and looks at the cognitive, utilitarian views, the deontologists and the views of Immanuel Kant.
This is a Key Note Presentation entitle "STATISTICS & MANAGERIAL ETHICS : OVERVIEW OF PROBLEMS AND TOTAL SOLUTIONS" was presented at The 1st ISM International Statistical Conference (ISM-1)”, Johor Baharu, Malaysia, 4-6 September 2012, which was held at Persada International Convention Centre, Johor Baharu, Malaysia.
I have revised the presentation to include Maqasid Al Shariah as a solution to problems Managerial Ethics in Statistics. I have redefined statistics as follows:
"Statistics is a scientific method of collecting, organizing, presenting, analysing and interpreting numerical information, developed from mathematical theory of probability, within the ethical values of Maqasid al-Shariah”
Individual Factors: Moral Philosophies and Valuedgoti3111
Most discussions of business ethics address the role of the individual in ethical decision making.
HOW DOES INDIVIDUAL'S BACKGROUNDS AND PHILOSOPHIES INFLUENCE ONE'S DECISION?
Good ethical conduct create business sustainability. Over the past years various factors have created opportunities for industrial growth hence requiring businesses to apply good ethical conducts that creates business stability and productivity. It is therefore important for all business operation to apply good ethical conducts. Most global leading companies have promoted a sustainable culture through good ethical motivation skills.
A presentation I had to give on the consequences of bad business practices in ethics. I specifically cited Enron and WorldCom as my examples. The .ppt contains many hyperlinks to videos supporting my case.
Individual Factors: Moral Philosophies and Valuedgoti3111
Most discussions of business ethics address the role of the individual in ethical decision making.
HOW DOES INDIVIDUAL'S BACKGROUNDS AND PHILOSOPHIES INFLUENCE ONE'S DECISION?
Good ethical conduct create business sustainability. Over the past years various factors have created opportunities for industrial growth hence requiring businesses to apply good ethical conducts that creates business stability and productivity. It is therefore important for all business operation to apply good ethical conducts. Most global leading companies have promoted a sustainable culture through good ethical motivation skills.
A presentation I had to give on the consequences of bad business practices in ethics. I specifically cited Enron and WorldCom as my examples. The .ppt contains many hyperlinks to videos supporting my case.
Module 4 - HomeLEGAL AND ETHICAL IMPLICATIONS OF CROSS-CULTURAL .docxroushhsiu
Module 4 - Home
LEGAL AND ETHICAL IMPLICATIONS OF CROSS-CULTURAL LEADERSHIP
Modular Learning Outcomes
Upon successful completion of this module, the student will be able to satisfy the following outcomes:
Case
Evaluate the cross-cultural experience on terms of developing cultural intelligence.
SLP
Assess your role as a leader in making ethical decisions.
Discussion
Debate ethical choices as depicted in popular films.
Module Overview
Questions of right action can become particularly difficult for leaders in cross-cultural or international situations. Questions of the morality of doing business or forming alliances with countries where political repression or violation of civil rights is common are troublesome. How should a leader deal with expectations of bribery? What if the other country violates U.S. environmental or health laws? Does one live by the home-country rules or adopt an attitude of “When in Rome…”?
Without shared moral values or common laws, the choice of actions that should be taken constitute a real conundrum. How to resolve these matters? What tools exist to help the leader choose the ethical course?
To date, leaders cannot rely on international law related to ethical conduct, but there are some guidelines. An organization's “company code” is the first place to start. These codes set guidelines for employees to operate across borders. They may expressly forbid the taking of bribes, for example, or entering into agreements or joint ventures that violate U.S. law. These codes have both proactive and reactive advantages: helping uncertain leaders respond to murky situations in a foreign environment—while at the same time attracting highly ethical leaders who want to be part of a socially responsible organization.
There also exist international standards and codes of conduct such as the United Nations Global Compact and the Consumer Charter for Global Business. There are more targeted codes of conduct such as the ILO Conventions, and OECD Guidelines. These standards do not have the “teeth” that international law would have, but they can help leaders determine what the best course of action is.
While business standards and codes can be helpful to leaders, they do not help to develop a fundamental understanding of what drives ethical dilemmas in a cross-cultural environment or how leaders should respond to them. Indeed, in a cross-cultural study of business managers, participants ranked the importance of factors that lead to unethical behavior. Surprisingly, social norms of morality and personal advantage or gain were not even ranked. Instead, the single most important factor was the attitudes and behaviors of their leaders. (Dolcheck & Dolcheck (1987). In this module, we will be looking at three major topics that will lead to a broad perspective on how attitudes and behaviors affect ethical leadership.
Module 4 - Background
LEGAL AND ETHICAL IMPLICATIONS OF CROSS-CULTURAL LEADERSHIP
Universalism vs. Particularism
In Ethics 5 ...
Reading Assignment Chapter 3 The Institutional Context of Mul.docxsedgar5
Reading Assignment Chapter 3: The Institutional Context of Multinational Management, pp.
60–78 Chapter 4: Managing Ethical and Social Responsibility Challenges in Multinational
Companies, pp. 84–105
Unit Lesson Economic Systems An economic system can be defined as the method in which a
nation chooses to distribute resources to the community or specific area (Cullen & Parboteeah,
2017). The economic system of a country may be structured as socialism, capitalism, or a mixed
system. For example, the United States economic system is characterized as a mainly capitalist
economic system. Capitalist economics take place when companies are privately owned and
are able to carry out activities in a competitive market to make profits. In a socialist economy,
the state owns companies or makes decisions about production and pricing in pursuit of a
collective goal (Cullen & Parboteeah, 2017). The mixed economy is a combination of socialism
and capitalism. An example of a mixed economy is India. The businesses in India are
government and privately owned, producing a mixed economy. UNIT II STUDY GUIDE
Institutional Context of Multinational Management and Managing Ethical and Social
Responsibility MBA 6631, Intercultural Management 2 UNIT x STUDY GUIDE Title Social
Institutions Industrialization refers to a country’s industrial development. It “refers to the cultural
and economic changes that are brought about by fundamental changes in how production is
organized and distributed in society” (Cullen & Parboteeah, 2017, p. 67). The authors categorize
three specific industrializations—a preindustrial society, an industrial society, and a
postindustrial society—which affect both organizations and individuals. The preindustrial society
is dominated by agriculture. Whereas a preindustrial society can provide a company with cheap
labor, it can cost the company more in the long run due to the lack of infrastructure and support.
An industrial society is heavily focused on manufacturing and production. This type of society
requires a vast range of skill levels for workers to handle production and technology. Lastly, the
postindustrial society emphasizes services employing highly trained personnel that were trained
for their job positions through formal education. All three levels of industrialization play a vital
role in the success of strategic multinational management (Cullen & Parboteeah, 2017).
Multinational companies (MNCs) can use the levels as a gauge to determine where to do
business. How one chooses to worship and believe in a structure of faith is known as religion. In
most societies, religion can be characterized as a formal method of worship. Religion can be
reflected by dress, diet, behavior, and even holiday beliefs. Max Weber, a German sociologist,
is best known for his Protestant work ethic theory. The theory argues that Protestant ethics are
important as these result in hard work, success, and wealth (Cullen & Parboteea.
Ethics and Corporate Social Responsibility are recognized as important concerns in making decision in all aspects of our life. And it’s contributing to accelerate the process of overall development of a nation. India being the second most populous country in the world, and have the largest number of people in need of basic amenities call for more intensive efforts as part of such initiatives in the health care space of the nation. We all know that people engage in business to earn profit. However, making profit is not the sole function of the business. It performs number of social function as it is a part of society. It takes care of those who are instrumental in securing its existence and survival. Business ethics are nothing but the application of ethics in business. It proves that business can be and have been ethical and still make profits. Today more and more interest is being given to the application of ethical practices in business dealings and the ethical implications of business. The paper delves into a comprehensive understanding of how Business Ethics and Corporate Social Responsibility involves as concept and the reason that encourage company in India to be socially responsible.
BUSINESS
IN
ETHICAL FOCUS
nd
edition2
A n A n t hol o g y
Fritz Allhoff, Alexander Sager,
and Anand J. Vaidya
EDITED BY
broadview press
BV136 Business in Ethical Focus R6.indd 3 11/15/16 12:26 PM
Review Copy
1
Unit 1
PRELIMINARIES
Introduction: Why Study Business Ethics?
Anand J. Vaidya and Fritz Allhoff
THE WHAT AND WHY OF
BUSINESS ETHICS
What is business ethics, and why study it?
One good way to get an answer to this question is
by taking note of what business is, what ethics is,
and then tying the two together.
Business as will be understood here is the
sum total of the relationships and activities that
surround the trading of goods or services. In most
cases, businesses seek to profit from their activities,
though it is increasingly common for businesses
such as social enterprises to operate as non-profits.
As a category, business includes everything from
the selling of handmade products between two
neighboring villages in India to large-scale multi-
national corporations such as Nike and Microsoft
engaged in global trade. Both the relationships
between individuals involved in any aspect of
business and the relationships between groups—
corporations, divisions of them, unions, etc.—are
important to understanding business as a whole.
Business ethics is important because it is
involved centrally in most people’s lives. Almost
all people are consumers of commercial goods.
Businesses also employ many people, giving them
not only a wage, but in many cases an identity and
an opportunity to express creativity.
Ethics, in its broadest sense, is an investigation
into how humans should live. Ethics is distinct
from law since laws themselves can be objects of
ethical criticism. Within the confines of a moral
investigation, one can inquire as to whether a
legal statute is consistent with morality.¹ For
example, slavery was once considered to be both
morally permissible and legally permissible. Later
many people disputed its morality even though it
remained legally permissible.
Many ethicists divide their discipline into
three branches: meta-ethics, normative ethics, and
applied ethics. Meta-ethics explores conceptual
and foundational questions in morality. Some of
the questions are the following: Are there moral
facts? Is morality objective? How do we come to
know moral truths? Are moral claims the kinds of
things that can be true or false, or are they sim-
ply expressions of emotion? What is the primary
object of moral evaluation?
Normative ethics is the study of which prin-
ciples determine the moral permissibility and
impermissibility of an action, or, more simply,
what constitutes right and wrong. One approach
to this, deontology, holds that morality is consti-
tuted by rights and duties, and that those features
take priority over the consequences of actions. An
alternative approach, consequentialism, maintains
that it is only the consequences of actions (often
mea.
1 P a g e A System Approach to Implementing Business.docxhoney725342
1 | P a g e
A System Approach to Implementing Business Ethics in
the Corporate Workplace
Clifton Clarke Department
of Finance and Business Management, Brooklyn College, City University of New York
[email protected]
Abstract
The current vitriolic discourse over the financial scandals implicating Wall Street and its satellite institutions
dictates a fresh look at strategies intended to eradicate or prevent unethical practices in business activities.
The spate of recently published unethical behavior among business executives in the United States confirms,
unequivocally, that past and current strategies have failed. This paper reviews and evaluates the impact of
some of these strategies. It found that the strategies focus on legislation, written corporate codes of ethics and
assorted activities in business schools. It found that these strategies are largely isolated and missed the fact
that unethical business conduct is systemic, reflecting the ethical lapses of two systems: a public system
(consisting of governmental bodies, business schools, and the general citizenry) and a corporate system
(consisting of boards of directors, executives, managers and employees). It found that there is a significant
gap between the rhetoric of corporate executives and their attention to unethical conduct in the workplace. It
concludes that isolated legislative actions, apathetic business schools’ policies, complacent and complicit
corporate boards, contribute to the failure. It also concludes that, the implementation of business ethics in the
workplace requires a transformation of attitude within and between these systems and posits that a system
approach is the only strategy that can successfully transform these systems and that business schools are
uniquely capable of leading this transformation.
Keywords
Ethics, corporate workplace, transformation, culture, business schools, legislations
Introduction
Hearings held by a subcommittee of the Banking and Finance Committee of the United States Senate on
certain practices of financial institutions, particularly those practices that might have contributed to the
economic collapse in 2008, revealed the disconnect between the public’s and corporations’ perceptions of
ethical conduct (Hauser 2010). Several of the questions posed to the Chief Executive Officer, and the
Executive Director of Structure Products Group Trading of Goldman Sachs Group, Inc., focused on the
company’s ethics. For example, the senators wanted to know whether it was ethical for the company to sell
investments that its own trading team knew were “worthless”. In their defense, this and other questionable
practices were an integral part of their company’s business model. Similarly, Morganton (2011), of the New
York Times reported t ...
Lamb, Hair, McDaniel
2012-2013
CHAPTER 3
Ethics and Social Responsibility
DAETERMINANTS OF A CIVIL SOCIETY
1
DETERMINANTS OF CIVIL SOCIETY
Social Control
Factors keep people and organizations from running amok and harm also create order in a society like ours.
3-1
Model of social control
Ethics.
Law.
Formal and Informal Groups.
Self-regulation.
The Media.
An Active Civil Society.
The Concept Of Ethical Behavior
It has been said that ethics is something everyone likes to talk about but nobody can define.
Ethical Theories:
the ethical theories that apply to marketing :-
DEONTOLOGY
UTILITARIANISM
CASUIST
MORAL RELATIVISM
VIRTUE ETHICS
3-2
ETHICAL BEHAVIOR IN BUSINESS.
Depending upon which, if any, ethical theory a businessperson has accepted and uses in his or her daily conduct, the action taken may vary.
Morality and Business Ethics.
Today’s business ethics actually consist of a subset of major life values learned since birth.
Ethical Development is thought to consist of three levels:-
Preconventional morality, the most basic level, is childlike.
Conventional morality moves from an egocentric viewpoint toward the expectations of society.
Postconventional morality represents the morality of the mature adult.
3-3
3-3a
Ethical Decision Making
The following factors tent to influence ethical decision making and judgments:
Extent of ethical problems within the organization.
Top management’s actions on ethics.
Potential magnitude of the consequence.
Social consensus.
Probability of a harmful outcome.
Length of time between the decision and the onset of consquences.
Number of people to be affected.
3-3b
Ethical Guidelines and Training
Creating ethics guidelines has several advantages;
A code of ethics helps employees identify what their firm recognizes as acceptable business practices.
A code of ethics can be an effective internal control of behavior.
A written code helps eployees avoid confusion when determining whether their decisions are ethical.
The process of formulating the code of ethics facilitates discussion among employees about what is right and wrong and ultimately leads to better decisions.
3-3c
CORPORATE SOCIAL RESPONSIBILITY
(CSR) is a business’s concern for society’s welfare.
Stakeholders and social responsibility:
Stakeholder Theory ethical theory stating that social responsibility is paying attention to the interest or every affected stakeholder in every aspect of a firm’s operation.
3-4
3-4a
Pyramid of corporate social responsibility
A model that suggests corporate social responsibility is composed of economic, legal,
Ethics, and philanthropic responsibilities and
that the firm’s economic performance
supports the entire structure.
3-4b
ARGUMENTS FOR AND AGAINST SOCIAL RESPONSIBILITY
Sustainability
The idea that socially responsibility companies will outperform their p ...
The present study addresses the influence of business ethics at global perspective and its management system. The study highlights on why society, business and ethics are intertwined with each other. This is a broad view which will be influencing how business is extensive with its involvement. Business is something which cannot be isolating itself as an entity from that of the society in it. The entire social environment needs to be taken into consideration by the business when they come up with ideas of manufacturing. This is also the main reason why ethics need to be in place for it
Art of Managing Business Ethics with Global Perspectiveijtsrd
The present study addresses the influence of business ethics at global perspective and its management system. The study highlights on why society, business and ethics are intertwined with each other. This is a broad view which will be influencing how business is extensive with its involvement. Business is something which cannot be isolating itself as an entity from that of the society in it. The entire social environment needs to be taken into consideration by the business when they come up with ideas of manufacturing. This is also the main reason why ethics need to be in place for it. Vishal Dineshkumar Soni "Art of Managing Business Ethics with Global Perspective" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-5 , August 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31701.pdf Paper Url :https://www.ijtsrd.com/management/business-ethics-and-legal-issues/31701/art-of-managing-business-ethics-with-global-perspective/vishal-dineshkumar-soni
This seminar introduces the concepts, application, practice and strategies involved in determining the urgent need for business to operate through sustainable practices. In addition, it addresses ethical issues in a way that upholds and enhances the triple bottom line of a company: People, Planet, and Profit.
In addition, the seminar introduces the students to concepts in business ethics and how it influences the topic of sustainability. The seminar teaches practical solutions on how to embed sustainability within the business operations. Students will come away from the course understanding what embedded sustainability is and how to drive proactive solutions that bring social innovation to the forefront of the business as a key strategy for future business success.
Introduction Society has become extremely complex, and.pdfaoneonlinestore1
Introduction
Society has become extremely complex, and there are several stakeholders which need to
be controlled in order to have a smooth and transparent functioning of the administrative levers.
Administrative prowess has become one of the primary skill sets that is required to become an
efficient leader in any organization or social institution. However, administrative control or
leadership also comes with great responsibility and a sense of duty. One has to perform with
utmost diligence and demonstrate moral behaviour in order to be successful in an administrative
role. Governance and transparency are some of the key features of public administration which
can only be achieved through ethical and moral behaviour. Several concepts related to ethical
behaviour and morality in the domain of public demonstration have been discussed by James
Svara and Edelman in their books. The ethical behaviour of a public administrator and the duties
of a government are important parameters of good governance because they impact the
development of the society and therefore, needs to be critically analyzed.
Businesses throughout the world have expanded over the years as a result of globalization, and
they impact people’s everyday life in all possible ways. A lot of debate has been going on
regarding the responsibility of a corporation. Some scholars are of the view that the only
responsibility of a corporation is to generate profits and increase the wealth of the shareholders,
while others believe that corporates have a social responsibility as well(Duska, 2000). They
should give back to the community and society, in which the business thrives. There are several
ethical aspects to look into while analyzing the topic of corporate responsibility and
sustainability.
Corporate social responsibility for businesses have been made mandatory in several
countries. However, in several cases it can be seen that there are ethical dilemmas while
investing in such projects(Dunfee, 1991). Corporations tend to invest in such projects which can
add value to their business in some way or other such as increasing their brand value, improving
their public relations, attracting talented human resource, and getting regulatory favors. Hence,
this leads to ethical dilemma that can be resolved through traditional ethical theories, which is a
form of normative ethical theory. It believes in the absolutist point of view. Some of the ethical
theories which can be applied in business context include self-interest, compassion, and duty to
people. Stakeholder theory explains that apart from investors there are several other stakeholders
of an organization such as customers, employees, environment, suppliers, and
government(Goodpaster, 1991). A business should work in their interests as well. Compassion is
an ethical perspective which urges companies to be compassionate and humanitarian in their
decision making.
These are some of the ethical aspects which comes into play while analyzing t.
Resource Achieving Supply Chain Integration, Ch. 6Since the tea.docxronak56
Resource: Achieving Supply Chain Integration, Ch. 6
Since the team has aligned purchasing and logistics, and stabilized disruptions in the supply chain for Small Molecule, the executive leaders are now interested in capitalizing upon those improvements. Small Molecule's new products will be launched in South America. The executives have asked the team to come in to explain the processes already taken. They want help creating a solid supply chain strategy for their South America launch considering how to leverage Porter's Five Forces.
Prepare a 4 slide visual presentation for the executives with speaker notes that explains how Porter's "Five Forces" are used to develop the supply chain strategy.
Determine how these Five Forces work together to evaluate growth potential and develop the overall strategy.
Cite references consistent with APA guidelines.
Just talk about the buyers power
Buyer Power
When the bargaining power of buyers is high, they can demand price concessions from firms in an industry. Often, when industries are characterized as “high competitive rivalry,” buyers have more power relative to sellers. Buyers also have more absolute power when there are few buyers relative to sellers, or when buyers purchase large volumes. Generally, as buyer power decreases, firms can charge higher markups and improve their profitability. An example of weak buyer power is movie theater customers. When customers go to see a movie—assuming they haven’t sneaked in a snack—they have no source of beverage or food other than from the movie theater concession stand. As a result, the movie theater can raise prices to an amount that a consumer would not typically pay.
Examples of industries with high buyer power are somewhat uncommon when the public sector is not the buyer. However, some examples of industries with concentrated buyer power can be found in agriculture. For example, 50 percent of all tobacco grown is purchased by three companies. Similar concentration of buyer power is found in the cocoa beans market, or in a coal mining town where the mine is the only buyer of labor.
BACKGROUND FOR PAPER 1 AND 2
Universalism vs. Particularism
In Ethics 501, you learned several different approaches to thinking about and analyzing ethical issues. The models you were exposed to reflect, by and large, a Western approach to ethics. A more multicultural model can be found in considering the difference between Universalist and Particularist approaches to ethics. This typology was developed by Fons Trompenaars and considers the ethical question, “What is more important—rules or relationships?” Read the following synopsis of these two perspectives. As you read, note how these approaches mirror the qualities of individualism/collectivism, high/low context, and monochromic/polychromic time orientations discussed in Modules 2 and 3.
Universalism versus Particularism. (n.d.). Retrieved from http://www.via-web.de/universalism-versus-particularism/
Differences in th ...
Traditionally, the term business commonly referred to commercial activities aimed at makinga profit or to organisations formed to make a profit. Indeed, in the past, economic theory madea fundamental assumption that profit maximisation was the basic objective of every firm. Themodern outlook, however, is different. For them, profit is only secondary. There are, moreover,
many organisations, both private and public, which do not aim at profit from their business.
In short, the definition of a business as a commercial activity to make a profit or an organisationformed to make a profit is a narrow one. Yet, to a layman, business still means industry andcommerce.
The old concept of business, confining it to commerce and private profit, has undergone aradical change. Today, business is regarded as a social institution forming an integral part of thesocial system. As Davis and Blomstorm observe, business is “social institution, performing a social mission and having a broad influence on the way people live and work together.”1 As Calkinsremarks: “It is now recognised that the direction of business is important to the public welfare,that businessmen perform a social function.”2
Thus, “viewed in a broad way, the term business typically refers to the development andprocessing of economic values in society. Normally, we use the term to apply to the private (nongovernment)portion of the economy whose primary purpose is to provide goods and services tocustomers at a price, but the lines of distinction are getting hazy as business and government overlap their functions in organisations such as the Communications, Satellite Corporation and
the Tennessee Valley Authority. In addition, business is a term applied to economic and commercial activities of institutions having other purposes, such as the business office of an opera association.
Thus, organisations which do not aim of making a profit, like the Delhi Development Authority,charitable hospitals, or other institutions, public relations organisations, government departments,etc., invest capital, price and market their products, services or ideas, manage their human
resources, and so on.According to Davis and Blomstorm, “our modern view of society is an ecological one.
Ecology is concerned with the mutual relations of human populations or systems with their
environment. It is necessary to take this broad view because the influence and involvement of
business are extensive. Business cannot isolate itself from the rest of society. Today, the whole
society is a business’s environment
Davis and Blomstorm point out that, in taking an ecological view of business in a systemrelationship with society, three ideas are significant in addition to the systems idea. The three ideas are values, viability and public visibility
Values
Business, like other social institutions, develops certain belief systems and values for whichthey stand, and these beliefs, and values are a source of institutional drive. These values deriv
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
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Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
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Personal Brand Statement:
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1. THE LIST FOR THE PROJECT OF BUSINESS ETHICS
BY DR. BASMA KASHMOOLA
SPRING 2015
PROJECT OF BUSINESS ETHICS
Ethical impacts of globalization
NAME:
STUDENT ID :
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2. INTRODUCTION
Ethics is not a topic typically addressed by economists. Economists are positive
theorists and the closest they come to approaching normative issues is when
maximizing multivariate utilitarian social welfare functions. Although the
transition of economics from a philosophy to a science over the past three
decades has been a boon to economic practice and thinking, the discipline has
arguably “thrown out the baby with the bathwater,” in that few contemporary
economists are comfortable discussing normative issues. Further, the filtering
mechanism imposed by Ph.D. comprehensives favors students with technical
and mathematical training over those with a background in philosophy and the
liberal arts backgrounds. Admittedly, public finance professors do pay lip
service to differing philosophical rationales for income redistribution.
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3. to inform the general public that free trade provides a proven path for developing
countries to reduce poverty and to provide a better life for their citizens.3
As implied, public policy lectures on trade topics require courage because the general
public does not comprehend complex topics like capital flows and the
economic dynamics underpinning the gains from trade. The public’s
knowledge of trade is shaped by nightly news
broadcasts which detail job losses in import competing industries, global
warming, the devastation of the rain-forests, child-labor problems, sweat
shops, human rights violations, and the “self-serving ethics” of multinational
corporate executives. In addition, there is an almost certainty that free trade
defenders will address an audience which includes a large a number of anti-
globalists, who rally to causes that stir their passions and for whom listening to
free-trade supportive lectures based on the mountains of evidence is not high
on their agenda
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4. The numerous scandals in business in UAE have raised several concerns
concerning head-in-the-clouds behavior in organizations. by alternative words
in business in UAE has conjointly activated consciousness concerning ethics
in general and business ethics particularly ACCORDING TO (( CREMER ,
MAYER AND SCHMINKE ,2010)) Globalization refers to the modern
phenomena of cultures, nations and financial institutions around the world
becoming more and more interconnected. As a result of this interconnection,
these various institutions are becoming interdependent. This interdependency
carries with it ethical and practical issues that are being addressed by
politicians and scientists worldwide.1
Management and businesses in UAE face necessary moral challenges. for instance we
tend to establish emergence of unethical call making and behavior in
management as a vital topic for a future research. we tend to use of a
behavioral business ethics approach to higher understand once management,
conjointly ethics isvictimisation from leaders and businesses in UAE that act
unethically. therefore A behavioral business ethics approach in UAE that
depends on necessary psychology ought to be a necessary addition to the
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http://www.ehow.com/info_8173049_ethical-issues-globalization.html
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5. standard normative approaches utilized in business ethics. by alternative words
Understanding THAT moral Behavior and higher cognitive process in
Management according to ((Adams,2011))
also management deals with Social responsibility is ethical theory which be for
each organization or individual which has obligation to society
All trade agreement should include minimum ILO (international labor organization)
standards. International conventions on these issues exist. They can be
checked by rapporteurs, a method now used in the human rights area. The
WTO can enforce these standards as they do now in trade disputes. If a
country cannot afford to meet the standards they should be helped. For the
well being of our society and the health of our economy we need a universal
health care system. We should support the growing fair trade movement. They
support more than 5 million people in Africa and Latin America in socially
responsible trade. We should buy these products like fair trade coffee. It costs
a little more but we are not only shoppers but also citizens. Oxfam America
has a campaign for fair trade. They have a website providing much
information (www.maketradefair.com) on how to get involved.
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6. We are in the historic process of becoming one world. There are precedents in which
governments come to relinquish some of their sovereignty for the benefits of
cooperation. Regional organization already takes place in the form of WTO
and the European Union. Such groupings are likely to increase in the future
because of the necessity of avoiding the chaos and suffering of the vast
disparities between the haves and the have-nots, and perhaps the side effects of
competition between the great economic powers.
Globalization can be a great boon. It is not globalization per se, but the
unfairness and damaging results from the way it is developing that is the moral
and humanitarian problem. In the meantime, we need to hang on tight because
there’s a rough ride ahead of us.
There area unit several definition of business ethics in keeping with (Lewis,
1985), that specialize in evaluating the ethical satisfactoriness of
the actions of management and he conjointly specialize
in structure of leaders and their workers. By alternative words the
morals and actions of business in UAE appear to more and more
necessary to not
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7. only assess however conjointly perceive however and why
unethical behavior and decision creating with assumptions of
individual self-interest and possibly even greed area
unit early samples of behavioural approaches WHICH have
emerged as a counterpoint to its ancient and its normative
approach .
individual workers might place their own interests before those of
its shareholders. So The behavioral approach happens outside
of the attention of individual actors. This approach enhances
understanding of however ethical awareness area
unit taken. therefore by up our information to AN moral
climate that may cause property and effective
management. therefore however they'll supplement the standard,
normative approach to business ethics in UAE .
A Normative and behavioral Business Ethics Approach
prescriptive approach, that focuses on what managers, employees and
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8. people and alternative people generally therefore by other words
The prescriptive tones that area unit inherent in THAT
literature area unit clearly mirrored within the popularity
of structure codes of conduct and ethical pointers issued by
management in keeping with ((ADAMS ,2001))
An interesting and necessary underlying assumption of this
approach is that it promotes the concept that peoplearea
unit rational purposive actors World Health Organization act in
accordance with their intentions and understand the implications
of their actions.
This rational approach, however, might not be ready to account for
the emergence of a large vary of unethical behaviors. Ethicality
and intentionality area unit 2 necessary however distinct
dimensions: people make each intentional and
unintentional moral and unethical selections (Tenbrunsel and
Smith-Crowe, 2008). for example,
there's considerable proof indicating
that smart individuals typically do dangerous things (Bersoff,
1999), and should not
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9. even understand that they're doing therefore. Research
on moral attenuation asserts that “Individuals don't “see”
the ethical parts of AN ethical call, not such a lot as a result
of they're virtuously uneducated, however because its
psychological processes deals with ethics from AN
moral dilemma.”. additionally, it's clear that we tend
to aren't forever rational in our actions. the concept that
our choices and judgments are not forever colored by aware of
reasoning processes is supported by recent analysis on morality,
intuition and have an effect on. This philosophical
doctrine framework suggests that ethical judgments and
interpretations area unit the consequence of automatic and
intuitive emotivereactions. Haidt (2001, p. 818), for
example, outlined ethical intuition as “the fast appearance in
consciousness ofan ethical judgment, as well as AN affective
valence (good-bad, like-dislike), with none aware awareness of
getting undergone steps of looking out, advisement evidence
that ethical judgments area unit (or a minimum of will be) fast and
affect-laden instead of including detailed and reflexive reasoning
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10. processes.
Recent analysis supports these ideas, suggesting that it's not a
select few World Health Organization succumb to unethical for its
action after that instead, nearly everyone seems to be susceptible
to the forces that ultimately lead toquestionable choices and
unworthy actions for example there takes the attitude that the
majority people concerned, each within and outdoors the business
world, apprehend that a spread of behaviors are not acceptable
in each the work, the marketplace, and society.
Business individuals, particularly, area unit tuned in
to applicable, moral decision rules and ethical behaviors and the
way they may be promoted (e.g., the foundations in a
very company’s code of conduct so by other words it Despite for
that awareness, thus head-in-the-clouds and unethical behaviors
and choices still emerge. By other words In essence, some
contexts is also sufficiently compelling for pretty much anyone to
interact in unethical behavior. inboundat a a lot of complete
understanding of those circumstances ought to change leaders to
make a lot of moralorganizations. this is often a basic,
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11. foundational plan within the rising field of behavioural ethics.
Because of its specialize in the particular behavior of a private (i.e.,
advocating a descriptive instead of a prescriptive
approach), analysis in behavioural ethics mostly attracts from add
psychological science. In 1996, Mesick and Tenbrunsel mixed
up the intersection of psychological science and business ethics. So
entitled successive section of Business Ethics:
Integrating psychological science and Ethics, aimed
toward the natural action to be gained through its intersection of
those 2 fields. By other words its efforts to boost moral higher
cognitive process are higher aimed toward understanding our
psychological tendencies.” we tend to concur with these
authors and propose that psychological science will give an ideal
foundation for our understanding of
why smart individuals typically will do dangerous things.
,
the results indicate that folks avoid major lies. additionally, they
tended to lie less usually once payoffs were negligible. Thus, the
results also indicate that folks avoid minor lies. So These findings
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12. counsel that lying is psychologically pricey. After that The authors
conclude by discussing variety of neat structure implications of its
findings.
SOCIAL RESPONSIBILITY
Managers face choices that have dimensions of social responsibility.
FOR EXAMPLES worker relations, philanthropy after that pricing,
then resource conservation moreover product quality and also human
rights.
1. The classical read that management’s solely social responsibility
is to maximize profits.
2. but The socioeconomic read that management’s social responsibility
goes to incorporate protective and improving society’s
welfare therefore society currently expects businesses to get
entangled in social and legal problems
when we build scrutiny the 2 Views. Classicists maintain that the
organization’s solely legitimate concern is its stockholders
by a lot of Supporting and opposing arguments may be found in
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13. regard to an organization’s social responsibility From its Obligations
by other words I can say Thus Social obligation happens once a firm
engages because of its obligation to satisfy sure economic. So Social
responsiveness is seen once a firm engages in social actions
by alternative words Social responsibility may be a business’s
intention, on the far side its legal and economic obligations. however I
found a positive relationship between social involvement and
economic performance Another thanks to address this issue is to
judge socially aware mutual stock funds. by alternative words These
mutual funds give some way for individual investors to support
socially accountable firms. These funds generally use social screening
applying social criteria to investment its choices therefore
the conclusion is that there's very little proof to say that a company’s
socially accountable actions can hurt AN organization’s long-run econ
omic performance therefore we are able to notice
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14. THE GREENING OF MANAGEMENT
Recognizing the shut link between AN organization’s choices and activities
and its impact on the natural setting is termed the greening of
management. world Environmental issues which including many factors
such as natural resource depletion, warming, pollution and accidents which
acts all challenge business nowadays
VALUES WHICH BASED ON MANAGEMENT
I can say Values-based management is AN approach to managing within
which managers area unit guided by the organization’s shared
values in management practices. therefore I notice functions of
Shared Values which act as guideposts for social
control choices and actions. after that Shared
values that serve worker behavior and to communicate between its
members at that time Shared company values
MANAGERIAL ETHICS
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15. The term ethics refers to principles, values, and beliefs that
outline what is right and wrong behavior. This section examines the
moral dimensions of social control higher cognitive process. Factors
That have an effect on worker Ethics Which show
the complicated interactions that influence
whether someone acts morally or unethically once faced
with AN ethical perplexity. After that I show Stages of
ethical Development. of ethical development every level has 2 stages.
Conclusion
organization can define Values which based on management as an approach to
managing and make all mangers deal with and establish after that promote its
organization after that mangers practice their work and achiev all goals and
objectives for any an organization which try to shared its values to get more
benefits and collects all advantages for ethicl problems and at same time
development and improving its ethical goals in long term times .
I can say The third level of the scrupulous level of the individual which makes a
transparent effort to outline ethical principles except for the authority of
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16. groups to that the person belongs. by other words Individual Characteristics.
someone joins an organization with a comparatively entrenched set of values.
so theses Values area unit basic convictions concerning what's right and wrong. Ego
strength may be a temperament liveof the strength of a person’s convictions.
After that Locus of management may be a temperament attribute that
measures the degree to which individuals believe they management their own
fate. people with an indoor locus of management suppose that they
management their destiny with AN external locus of management area
unit less seemingly to require personal responsibility for the results of their behavior.
by other words I can say that A third issue influencing social control ethics is
structural variables. therefore job descriptions or by written codes of ethics,
which found performance appraisal systems after that reward systems will
powerfully influence moral behavior.
The content ANd strength of an organization’s culture influences moral behavior.
An structure culture possibly to encourage high moral standards is one that's high in
risk tolerance, control, and conflict tolerance.
A robust culture exerts a lot of influence on managers than will a weak one and also
cultures, work teams and division standards strongly influence moralI
conclude that social obligation is the liabilities or the obligation of companies
or business to meet its legal responsibilities or their economics liabilities so
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17. we can devide these obligation for social responsibility and social
responsiveness moreover we can deals with The 1st level is
termed preconvention. At this level, the individual’s selection between
right or wrong is predicated on personal consequences involved. At
the second
stage, that is labeled conventional, ethical values which reside in
maintaining expected standards by other words it shows living up to
expectations of others.
References
http://www.ehow.com/info_8173049_ethical-issues-globalization.html
Adams, J.S., A. Taschchian, and T.H. Shore (2001). `Codes of ethics as signals for
ethical behavior`, Journal of Business Ethics, 29, pp. 199-211.
Bersoff, D. M. (1999). `Why good people sometimes do bad things: Motivated
reasoning and unethical behavior`, Personality and Social Psychology Bulletin, 25,
pp. 28-39.
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18. De Cremer, D. (2009). `Being unethical or becoming unethical: An introduction`. In
D. De Cremer (Ed.), Psychological perspectives on ethical behavior and decision
making (pp. 3-13). Greenwich: Information Age Publishing.
De Cremer, D. (2010). `On the psychology of preventing and dealing with ethical
failures: A behavioral ethics approach`. In M. Schminke (Ed.), Managerial ethics. (pp.
111-125). New York: Routledge.
Jensen, M. C., and W. H. Meckling (1967). Theory of the firm: Managerial behavior,
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www.globethics.net/Business-Ethics
http://www.slideshare.net/ghyj/social-responsibility-and-managerial-ethics-chapter-
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