This document discusses Walt Disney's business ethics, social responsibility, and environmental sustainability efforts. It covers three main parts: 1) Business ethics including codes of conduct and ethics culture, 2) Social responsibility including social policies and responsibility to employees, and 3) Environmental sustainability including sustainability reports, managing environmental impacts, and proactive strategies like ISO certification. The document uses Walt Disney as an example of a company that pioneered in these areas and was recognized as one of the most admired companies in the world for its management and performance in ethics, responsibility and sustainability.
Business Ethics PowerPoint Presentation SlidesSlideTeam
This PPT deck displays fourty two slides with in depth research. Our Business Ethics PowerPoint Presentation Slides presentation deck is a helpful tool to plan, prepare, document and analyse the topic with a clear approach. We provide a ready to use deck with all sorts of relevant topics subtopics templates, charts and graphs, overviews, analysis templates. Outline all the important aspects without any hassle. It showcases of all kind of editable templates infographics for an inclusive and comprehensive Business Ethics PowerPoint Presentation Slides presentation. Professionals, managers, individual and team involved in any company organization from any field can use them as per requirement. http://bit.ly/2H42s4m
This document discusses organizational and business ethics. It begins by defining organizational business ethics as the application of individual morality to choices made in professional contexts and business situations. It then discusses why ethics are important for organizations, noting they can influence employee commitment, investor/customer loyalty, legal issues, reputation, and profits. The document outlines ethical dilemmas organizations may face and the role of leaders in developing an ethical culture through training, strong values, strategic plans, and building integrity. It concludes that high ethics companies are driven by values, ensure fair treatment, and can make ethics a core competency.
Developing appropriate work values, ethics and corporateAdetoun Omole
This document outlines a session on work values, ethics, and corporate culture. It begins with learning objectives which are to define the key concepts, explain their importance, discuss negative influencing factors, and ways to develop appropriate cultures. Work values guide standards and determine culture. Corporate culture is defined as shared beliefs and behaviors over time. Developing appropriate culture involves training, leadership, and aligning personal and organizational values. Negative impacts include ignorance and a lack of communication or orientation. The conclusion states culture defines organizations and leadership determines culture, which can help or harm performance when aligned with personal values.
This document provides an introduction to business ethics. It discusses how ethics and values are important foundations for any business. While the basic aim of business is profit, companies should not ignore basic ethical principles in their pursuit of profit. The document then provides examples of ethical leadership from companies like Wipro and Infosys to illustrate how strong ethics do not deter business success and can help businesses endure. It also lists some guidelines for managing ethics in the workplace, such as integrating ethics into strategic planning and other management practices. Finally, it describes the history and development of business ethics as a field, tracing discussions of ethical issues in business back to ancient Greek philosophers like Plato and Aristotle.
Business Ethics: An obligatory aspect of current business.
Business ethics are a form of professional and moral ethics which a business organization must follow when doing its business.
This document provides an overview of ethics and business ethics. It begins with definitions of ethics, personal ethics, professional ethics, and business ethics. It then discusses the history of ethics and principles of personal and professional ethics. It also covers institutionalizing ethics through codes of conduct, ethical committees, and the significance and need for business ethics. Additional sections define values and ethics, explain how corporations can observe ethics, and discuss ethical decision making and dilemmas in business. The document concludes with a case study example.
The chapter aims to provide an understanding of business ethics and its importance. It discusses establishing moral standards and values for businesses. A business founded on strong ethics is more likely to succeed than one focused only on rapid growth. Business ethics overlaps with a company's purpose and philosophy. While profit is important, businesses should pursue it through sincere means that consider ethics. A leader's personal ethics can influence an organization's culture and help it endure challenges.
Business Ethics PowerPoint Presentation SlidesSlideTeam
This PPT deck displays fourty two slides with in depth research. Our Business Ethics PowerPoint Presentation Slides presentation deck is a helpful tool to plan, prepare, document and analyse the topic with a clear approach. We provide a ready to use deck with all sorts of relevant topics subtopics templates, charts and graphs, overviews, analysis templates. Outline all the important aspects without any hassle. It showcases of all kind of editable templates infographics for an inclusive and comprehensive Business Ethics PowerPoint Presentation Slides presentation. Professionals, managers, individual and team involved in any company organization from any field can use them as per requirement. http://bit.ly/2H42s4m
This document discusses organizational and business ethics. It begins by defining organizational business ethics as the application of individual morality to choices made in professional contexts and business situations. It then discusses why ethics are important for organizations, noting they can influence employee commitment, investor/customer loyalty, legal issues, reputation, and profits. The document outlines ethical dilemmas organizations may face and the role of leaders in developing an ethical culture through training, strong values, strategic plans, and building integrity. It concludes that high ethics companies are driven by values, ensure fair treatment, and can make ethics a core competency.
Developing appropriate work values, ethics and corporateAdetoun Omole
This document outlines a session on work values, ethics, and corporate culture. It begins with learning objectives which are to define the key concepts, explain their importance, discuss negative influencing factors, and ways to develop appropriate cultures. Work values guide standards and determine culture. Corporate culture is defined as shared beliefs and behaviors over time. Developing appropriate culture involves training, leadership, and aligning personal and organizational values. Negative impacts include ignorance and a lack of communication or orientation. The conclusion states culture defines organizations and leadership determines culture, which can help or harm performance when aligned with personal values.
This document provides an introduction to business ethics. It discusses how ethics and values are important foundations for any business. While the basic aim of business is profit, companies should not ignore basic ethical principles in their pursuit of profit. The document then provides examples of ethical leadership from companies like Wipro and Infosys to illustrate how strong ethics do not deter business success and can help businesses endure. It also lists some guidelines for managing ethics in the workplace, such as integrating ethics into strategic planning and other management practices. Finally, it describes the history and development of business ethics as a field, tracing discussions of ethical issues in business back to ancient Greek philosophers like Plato and Aristotle.
Business Ethics: An obligatory aspect of current business.
Business ethics are a form of professional and moral ethics which a business organization must follow when doing its business.
This document provides an overview of ethics and business ethics. It begins with definitions of ethics, personal ethics, professional ethics, and business ethics. It then discusses the history of ethics and principles of personal and professional ethics. It also covers institutionalizing ethics through codes of conduct, ethical committees, and the significance and need for business ethics. Additional sections define values and ethics, explain how corporations can observe ethics, and discuss ethical decision making and dilemmas in business. The document concludes with a case study example.
The chapter aims to provide an understanding of business ethics and its importance. It discusses establishing moral standards and values for businesses. A business founded on strong ethics is more likely to succeed than one focused only on rapid growth. Business ethics overlaps with a company's purpose and philosophy. While profit is important, businesses should pursue it through sincere means that consider ethics. A leader's personal ethics can influence an organization's culture and help it endure challenges.
This document discusses business ethics and provides definitions and examples. It contains the following key points:
1. Business ethics are principles that guide business behavior and help balance profit motives with stakeholder needs. Stakeholders include shareholders, employees, customers, and society.
2. Business ethics promote practices like avoiding harm, earning profit ethically, and considering how activities impact common people. They are important for long-term business survival and protecting consumer rights.
3. Examples of professional ethics employees should follow include punctuality, time management, courtesy, trustworthiness, and honesty. Personal ethics are developed from a young age while professional ethics are learned in work settings.
Workplace ethics are important for businesses and employees. They motivate employees, foster teamwork and productivity, protect company assets, build a strong public image, and guide decision-making. Creating an ethical culture requires a values-based code of ethics that applies to all employees and leaders. Small businesses can develop ethical workplaces by setting a good example, creating ethics policies, allowing anonymous reporting of issues, providing ethics training, and enforcing consequences for violations. The principles of autonomy, care, and equity also guide occupational health ethics.
This document provides an overview of business ethics. It defines business and ethics, explaining that business ethics examines moral issues that can arise in a commercial context. The document outlines several topics in business ethics, including why studying it is important. Some benefits are improved employee commitment, investor loyalty, customer satisfaction, and profits. A framework for studying business ethics is presented, covering applying moral philosophies and stakeholder responsibilities. The relationship between ethics, society, and religion is also discussed.
This revision presentation introduces the concept of business ethics. The distinction between ethical and legal behaviour is examined as are the potential benefits and drawbacks of ethical behaviour. Some topical examples of business ethics in action are also provided.
Business ethics deals with establishing moral principles and values to guide business decisions and actions. It helps classify behaviors as good or bad, right or wrong, and fair or unfair. Organizations that support ethics initiatives show more productivity and employee retention than those that only focus on legal compliance. When a business operates ethically, it garners respect from within and outside the company. Employees are also more likely to stay at companies that promote ethical conduct. Consumers demonstrate loyalty to companies that exhibit strong corporate responsibility. The purpose of a business ethics code is to outline acceptable and unacceptable behaviors to regulate conduct where profit is the primary motive. Business ethics are important for companies' long-term survival and reputation.
Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
The document discusses corporate ethics challenges at Zigron INC and provides guidance on establishing an ethical workplace culture. It defines ethics and its importance in the workplace. It then lists dos and don'ts for employees at Zigron related to effective communication, respecting privacy and avoiding bias or personal work during hours. Benefits of establishing ethics include less misconduct, a more productive environment and maintaining trust and reputation. The conclusion is that ethical behavior comes from within and living with integrity.
Managing ethics in the workplace has several benefits beyond just being the morally right thing to do. It can help organizations maintain their moral compass during times of change, cultivate strong teamwork and productivity by aligning employee behaviors with core values, and act as an insurance policy by helping to ensure policies and procedures are legal and ethical. Overall, ethics programs promote a strong public image, strengthen organizational culture, and improve trust within the organization.
Business ethics refers to written and unwritten codes that govern decisions and actions within a company. An organization's culture determines what is considered right and wrong conduct. If businesses focus on long-term stability and growth over short-term goals, their decisions are more likely to be ethical. Managers play a key role in establishing an organization's ethical standards and culture. Upholding strong business ethics is important for public trust, preventing harm, and protecting employees and the company.
Corporate ethics refers to principles of integrity, fairness and ethical behavior in business. An ethical company considers stakeholders like employees, customers, community and the environment. While generating profits, companies must establish frameworks for acceptable behavior and high ethical standards. Everyone in a company is responsible for upholding ethics. However, some business executives prioritize short-term gains over integrity, and unethical behavior is sometimes rewarded while refusing it carries penalties. Companies need to manage ethics carefully to maximize ethical assets, prevent wrongdoing and build trust.
This document discusses business ethics and the relationship between business and ethics. It defines business as any organization whose primary goal is to provide goods and services to obtain a return on investment. It defines ethics as a set of principles of right conduct. Business ethics examines ethical issues that arise in business organizations. For a business to be successful, it must operate ethically within society and as a responsible corporate citizen. An ethical approach benefits businesses through high employee morale and productivity.
Business Ethics plays a crucial role in the success of enterprise and organizations has to imply the same in order to have stable operations. Sample Report on Business Ethics.
This document discusses business ethics and why they are important. It provides examples of ethical and unethical behavior in business. Ethical behavior in business means acting consistently with moral principles and values, prioritizing integrity, and avoiding conflicts of interest. Unethical behavior can damage a company's reputation and relationships. While ethics are important, not all companies strictly follow ethical practices due to pressures like greed or meeting objectives. Enforcing codes of conduct, incentives, and leadership can help promote ethical behavior in business.
The document discusses ethics and human resource management. It defines ethics and discusses its importance in organizations and HRM. It outlines some ethical issues in areas like compensation, employment practices, and privacy. It also provides solutions for addressing ethical problems, such as establishing policies, training employees, and designating an ethics executive. The document concludes with a case study of an Indian company that has built its HRM practices around core values like empowerment and respect, helping it compete globally while maintaining an ethical culture.
The document discusses business ethics and its importance for organizations. It notes that business ethics ensures trust between businesses and consumers and promotes fair treatment. While business must make profits, it also has wider social responsibilities to minimize harm, treat employees well, and not damage communities. Upholding strong ethical values creates credibility with the public and employees, leading to success, loyalty and respect for the organization. The document emphasizes the importance of honesty, integrity, fairness, respect for others, accountability and transparency in business practices and decision-making.
Professional values and ethics are important principles that guide appropriate behavior and decision-making in the workplace. They establish what actions are acceptable and unacceptable for a given profession. Individuals who adhere to professional standards tend to be more successful than those who do not, as violating ethics can damage careers and reputations. It is important for both individuals and organizations to understand and consistently apply the values that define proper conduct within a profession.
Why do Good Managers make Bad Ethical decisions?Shahzad Khan
This document discusses business ethics and the balance between morality and profitability. It provides examples of companies that have successfully balanced these two priorities through strong ethical leadership and cultures. The document outlines factors that can influence managers' ethical decision-making such as personal ethics, organizational culture, and unrealistic performance expectations. It also discusses how companies like Merck and Johnson & Johnson have translated their values into action during crises, prioritizing ethics over profits. In contrast, companies like Texas Instruments and Bristol Myers focused solely on financial goals rather than broader societal responsibilities.
The document outlines an organization's code of conduct and ethics. It defines ethical codes and covers topics such as customer relations, equal employment, business ethics, personal relationships, conflicts of interest, non-disclosure, employee conduct, harassment, appearance, and workplace etiquette. Employees are expected to comply with all applicable laws and conduct business ethically. The code is intended to help employees understand the difference between right and wrong and apply ethical standards in their work.
This document provides an overview of business ethics. It discusses the meaning and scope of business ethics, as well as types of ethics like transactional and participatory ethics. It outlines factors that influence business ethics like leadership, corporate culture, and individual characteristics. The document also covers arguments for and against business ethics, providing examples. It defines corporate social responsibility and discusses how organizations can enhance social welfare through CSR initiatives related to employees, community, providers, environment, consumers, and government.
Cost Analysis modeling for peak shaving of energyRollin Scott
This document discusses modeling the cost analysis of using energy storage devices for peak shaving of renewable energy. It describes how renewable energy demand varies throughout the day and a system is needed to store excess renewable energy during non-peak hours and distribute it during peak hours. It reviews several proposed solutions using battery storage systems and optimized dispatch scheduling. It then introduces lithium manganese oxide batteries and shows Comsol simulations of their discharge. The document discusses developing a Comsol model and peak shaving model for these batteries and references literature on sizing battery storage for applications like voltage regulation and peak load shaving.
This document discusses business ethics and provides definitions and examples. It contains the following key points:
1. Business ethics are principles that guide business behavior and help balance profit motives with stakeholder needs. Stakeholders include shareholders, employees, customers, and society.
2. Business ethics promote practices like avoiding harm, earning profit ethically, and considering how activities impact common people. They are important for long-term business survival and protecting consumer rights.
3. Examples of professional ethics employees should follow include punctuality, time management, courtesy, trustworthiness, and honesty. Personal ethics are developed from a young age while professional ethics are learned in work settings.
Workplace ethics are important for businesses and employees. They motivate employees, foster teamwork and productivity, protect company assets, build a strong public image, and guide decision-making. Creating an ethical culture requires a values-based code of ethics that applies to all employees and leaders. Small businesses can develop ethical workplaces by setting a good example, creating ethics policies, allowing anonymous reporting of issues, providing ethics training, and enforcing consequences for violations. The principles of autonomy, care, and equity also guide occupational health ethics.
This document provides an overview of business ethics. It defines business and ethics, explaining that business ethics examines moral issues that can arise in a commercial context. The document outlines several topics in business ethics, including why studying it is important. Some benefits are improved employee commitment, investor loyalty, customer satisfaction, and profits. A framework for studying business ethics is presented, covering applying moral philosophies and stakeholder responsibilities. The relationship between ethics, society, and religion is also discussed.
This revision presentation introduces the concept of business ethics. The distinction between ethical and legal behaviour is examined as are the potential benefits and drawbacks of ethical behaviour. Some topical examples of business ethics in action are also provided.
Business ethics deals with establishing moral principles and values to guide business decisions and actions. It helps classify behaviors as good or bad, right or wrong, and fair or unfair. Organizations that support ethics initiatives show more productivity and employee retention than those that only focus on legal compliance. When a business operates ethically, it garners respect from within and outside the company. Employees are also more likely to stay at companies that promote ethical conduct. Consumers demonstrate loyalty to companies that exhibit strong corporate responsibility. The purpose of a business ethics code is to outline acceptable and unacceptable behaviors to regulate conduct where profit is the primary motive. Business ethics are important for companies' long-term survival and reputation.
Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
The document discusses corporate ethics challenges at Zigron INC and provides guidance on establishing an ethical workplace culture. It defines ethics and its importance in the workplace. It then lists dos and don'ts for employees at Zigron related to effective communication, respecting privacy and avoiding bias or personal work during hours. Benefits of establishing ethics include less misconduct, a more productive environment and maintaining trust and reputation. The conclusion is that ethical behavior comes from within and living with integrity.
Managing ethics in the workplace has several benefits beyond just being the morally right thing to do. It can help organizations maintain their moral compass during times of change, cultivate strong teamwork and productivity by aligning employee behaviors with core values, and act as an insurance policy by helping to ensure policies and procedures are legal and ethical. Overall, ethics programs promote a strong public image, strengthen organizational culture, and improve trust within the organization.
Business ethics refers to written and unwritten codes that govern decisions and actions within a company. An organization's culture determines what is considered right and wrong conduct. If businesses focus on long-term stability and growth over short-term goals, their decisions are more likely to be ethical. Managers play a key role in establishing an organization's ethical standards and culture. Upholding strong business ethics is important for public trust, preventing harm, and protecting employees and the company.
Corporate ethics refers to principles of integrity, fairness and ethical behavior in business. An ethical company considers stakeholders like employees, customers, community and the environment. While generating profits, companies must establish frameworks for acceptable behavior and high ethical standards. Everyone in a company is responsible for upholding ethics. However, some business executives prioritize short-term gains over integrity, and unethical behavior is sometimes rewarded while refusing it carries penalties. Companies need to manage ethics carefully to maximize ethical assets, prevent wrongdoing and build trust.
This document discusses business ethics and the relationship between business and ethics. It defines business as any organization whose primary goal is to provide goods and services to obtain a return on investment. It defines ethics as a set of principles of right conduct. Business ethics examines ethical issues that arise in business organizations. For a business to be successful, it must operate ethically within society and as a responsible corporate citizen. An ethical approach benefits businesses through high employee morale and productivity.
Business Ethics plays a crucial role in the success of enterprise and organizations has to imply the same in order to have stable operations. Sample Report on Business Ethics.
This document discusses business ethics and why they are important. It provides examples of ethical and unethical behavior in business. Ethical behavior in business means acting consistently with moral principles and values, prioritizing integrity, and avoiding conflicts of interest. Unethical behavior can damage a company's reputation and relationships. While ethics are important, not all companies strictly follow ethical practices due to pressures like greed or meeting objectives. Enforcing codes of conduct, incentives, and leadership can help promote ethical behavior in business.
The document discusses ethics and human resource management. It defines ethics and discusses its importance in organizations and HRM. It outlines some ethical issues in areas like compensation, employment practices, and privacy. It also provides solutions for addressing ethical problems, such as establishing policies, training employees, and designating an ethics executive. The document concludes with a case study of an Indian company that has built its HRM practices around core values like empowerment and respect, helping it compete globally while maintaining an ethical culture.
The document discusses business ethics and its importance for organizations. It notes that business ethics ensures trust between businesses and consumers and promotes fair treatment. While business must make profits, it also has wider social responsibilities to minimize harm, treat employees well, and not damage communities. Upholding strong ethical values creates credibility with the public and employees, leading to success, loyalty and respect for the organization. The document emphasizes the importance of honesty, integrity, fairness, respect for others, accountability and transparency in business practices and decision-making.
Professional values and ethics are important principles that guide appropriate behavior and decision-making in the workplace. They establish what actions are acceptable and unacceptable for a given profession. Individuals who adhere to professional standards tend to be more successful than those who do not, as violating ethics can damage careers and reputations. It is important for both individuals and organizations to understand and consistently apply the values that define proper conduct within a profession.
Why do Good Managers make Bad Ethical decisions?Shahzad Khan
This document discusses business ethics and the balance between morality and profitability. It provides examples of companies that have successfully balanced these two priorities through strong ethical leadership and cultures. The document outlines factors that can influence managers' ethical decision-making such as personal ethics, organizational culture, and unrealistic performance expectations. It also discusses how companies like Merck and Johnson & Johnson have translated their values into action during crises, prioritizing ethics over profits. In contrast, companies like Texas Instruments and Bristol Myers focused solely on financial goals rather than broader societal responsibilities.
The document outlines an organization's code of conduct and ethics. It defines ethical codes and covers topics such as customer relations, equal employment, business ethics, personal relationships, conflicts of interest, non-disclosure, employee conduct, harassment, appearance, and workplace etiquette. Employees are expected to comply with all applicable laws and conduct business ethically. The code is intended to help employees understand the difference between right and wrong and apply ethical standards in their work.
This document provides an overview of business ethics. It discusses the meaning and scope of business ethics, as well as types of ethics like transactional and participatory ethics. It outlines factors that influence business ethics like leadership, corporate culture, and individual characteristics. The document also covers arguments for and against business ethics, providing examples. It defines corporate social responsibility and discusses how organizations can enhance social welfare through CSR initiatives related to employees, community, providers, environment, consumers, and government.
Cost Analysis modeling for peak shaving of energyRollin Scott
This document discusses modeling the cost analysis of using energy storage devices for peak shaving of renewable energy. It describes how renewable energy demand varies throughout the day and a system is needed to store excess renewable energy during non-peak hours and distribute it during peak hours. It reviews several proposed solutions using battery storage systems and optimized dispatch scheduling. It then introduces lithium manganese oxide batteries and shows Comsol simulations of their discharge. The document discusses developing a Comsol model and peak shaving model for these batteries and references literature on sizing battery storage for applications like voltage regulation and peak load shaving.
SmartBear provides software testing and collaboration tools that integrate with Microsoft technologies like Visual Studio and Team Foundation Server. Their tools help improve code quality, expedite code reviews without meetings, automate functional testing, and profile code to find performance issues. SmartBear tools are used by over 100,000 developers and testers to build high quality software applications.
O sapo estava apaixonado pela pata branca, mas não tinha coragem para lhe dizer. Para impressioná-la, decidiu bater o recorde mundial de salto em altura, mas acabou por se magoar. A pata cuidou dele com carinho e foi aí que o sapo confessou o seu amor, que era correspondido apesar das diferenças entre eles.
This document provides information about and examples of the present continuous tense. It explains that the present continuous tense is used to describe actions that are happening at the moment of speaking, actions that started in the past and will continue in the future, and planned future actions. It gives examples of each use and provides an evaluation activity for students to practice filling in blanks with verbs in the present continuous tense. Students are then assigned to watch current news and write a short paragraph using the tense to describe ongoing issues regarding presidential candidates.
The document discusses the growth of the sharing economy and on-demand services modeled after Uber. By 2020, over 50% of the workforce is predicted to be freelance. The sharing economy sector is projected to grow from $15 billion in revenue in 2013 to $335 billion in 2025, outpacing traditional rental sectors. However, regulating the "free market economy" of exponentially growing shared corporate inventories will be a challenge. The sharing economy encompasses more than just travel and accommodation, with on-demand services now available for activities like food delivery, shipping, beer delivery, dog walking, and more.
Samsung SDI launched its new 3.6kWh All-in-One energy storage system for residences at Intersolar 2014 in Munich, Germany. The new product combines an inverter and lithium-ion battery in a compact exterior and allows remote monitoring through a web and mobile interface. Samsung SDI also held an evening event in Munich to promote its energy storage products to major solar installers and utilities and encourage European market expansion.
The document outlines six key reasons why having a financial advisor is a smart investment: 1) They have expertise in investing strategies and products to guide decisions. 2) They stay up-to-date on financial trends so clients don't have to. 3) Advisors provide understandable financial advice tailored to each client's goals, risk tolerance, and interests. 4) Advisors take the emotion out of investing by helping clients stay focused on their goals. 5) Advisors commit to supporting clients at all stages of life by considering future needs. 6) Working with an advisor brings peace of mind through their ongoing support and adjustments to financial plans.
This document provides an overview of Axis Bank's marketing communications plan. It discusses Axis Bank's history and services offered. It then analyzes the bank's target markets including corporate, retail and business banking. It discusses Axis Bank's positioning as a customer-centric and innovative bank. The document also analyzes Axis Bank's competitors and develops strategies to differentiate itself in the market. Finally, it outlines Axis Bank's marketing objectives and communication goals to improve its brand image and market share.
This document outlines Maritess Velez's vision to establish an Accounting Centre for Learning. Her vision is to be an accountant and instructor who compassionately helps students and professionals develop a deeper understanding of accounting. She outlines a 12-point plan to achieve this vision, which includes daily focus on intellectual and teaching development, building credibility, taking advantage of opportunities, networking, leadership, and dependability. Her goal is to acquire growth through knowledge sharing and finding fulfillment by helping others through accounting struggles.
Uber provides ride-hailing services through apps like UberX as well as services like UberEATS and UberPUPPIES for food and pet delivery. In the first half of 2015, Uber had gross bookings of $3.63 billion but net revenue of only $663.2 million due to high expenses of $987.2 million, resulting in a loss of $324 million. Founded in 2009, Uber has expanded globally but faced regulatory pressure in major markets and now focuses on growth in India, China, and Southeast Asia, competing with companies like Lyft, Ola, Didi, and Grab while pursuing an ultimate user-experience through competitive pricing and additional services.
relevance of business ethics in today's competitive environment and how business ethics lead to sustain in the market for a long
behaving ethically leads to good leadership and good internal control system
Ethical behavior is important in business management and organizations. It involves complying with laws and community expectations, as well as treating others well. Performance evaluations require honesty while being considerate of employees. Unethical behavior damages companies and society, so businesses should promote ethical practices through open communication and goal setting. Some managers struggle with evaluations due to not wanting to negatively impact employees, but honesty is important for improvement.
Business ethics corporate culture and strategic leadership for organization...IAEME Publication
Emerging Globalization of business and reducing importance of human values, it
has become extremely important to adapt correct strategies as well as include Ethics as part
of the day-to-day business. In Indian Institute of Management Calcutta (IIMC) has made
'Business Ethics' as a mandatory subject for all the programs they are running. This is one of
the examples of Ethics becoming an important part of Business.
If we look at most successful businesses today, companies like Infosys, Apple, and
IBM have a combination of ‘Values’ combined with ‘Strategy’, which is demonstrated by the
great leaders who founded and nurtured these companies. It will be interesting to see how
Strategy and Ethics can go hand in hand to create promising corporate culture for employees
in a Corporate.
Strategic Leader giving high importance to business ethics can create a great corporate
culture and encourage its employees to prosper in this environment. We have seen disasters
like Enron Corporation and Satyam Computers where strategy was at its best but business
ethics was missing which shows importance of both going hand-in-hand to make the culture
blossom and make the Corporates a successful entity producing high quality manpower in the
business and society.
The document provides an introduction to the concept of ethics. It states that ethical statements can make judgements about actions, characters, principles, and that they express degrees of ethical views. It notes that ethics involves determining what is right and wrong, and doing what is right, though determining right and wrong is complex with many ethical dilemmas having no clear answers. It concludes by citing Mackie's definition of ethics as the "Science of Conduct."
1. Which of the following is a concern employees of an expanding bus.docxgasciognecaren
1. Which of the following is a concern employees of an expanding business would have?
A.)Ensure that customer requests are responded to promptly and professionally.
B.)Ensure sensitive information about specialty offerings remains undisclosed until the new location opens.
C.)Ensure that fair hiring and firing practices are incorporated at the new location.
D.)Ensure the team develops strongly in new locations.
Passage to Answer the Question
What Is Ethics?
Ethics
is simply the principles of right and wrong and the morality of the choices involved.
Now, it's also important to define what ethics is
not
. Ethics is not emotions or religion. It's not science or norms of a society, necessarily. It's also not simply following the law, because it's perfectly acceptable to follow the law yet be an unethical person.
term to know Ethics The principles of right and wrong and of the morality of the choices
1a. Business Ethics
Business ethics
is closely tied to what ethics is. It's the principles of right and wrong of the morality of the choices made in the
business
world. Essentially, what we're doing is taking the principles or the definition of ethics and applying it to business.
hint Whether you're looking at business ethics or other types of ethics, ethical people will always follow the same ethical principles
all the time
, not just when it suits them.
term to know Business Ethics The principles of right and wrong and of the morality of the choices made in the business world
1b. Managerial Ethics
Managerial ethics
is simply ethics again. It is the principles of right and wrong and of the morality of the choices made in the context of
management
.
Managerial decisions impact employee behavior. How you hire or fire, the wages that you pay, or the working conditions at your business are all ethical decisions, and they can greatly impact employee attitudes and productivity.
Managerial ethics decisions can also impact behavior toward an organization. Do you have conflicts of interest or allow them? A
conflict of interest
is simply a circumstance in which the judgment of an individual or group may be impaired because of a difference in primary or secondary interest.
Is customer information kept confidential?
Confidentiality
is simply keeping private trusted data out of the hands of the public and other people who don't need to see it.
think about it We hand our personal information, like credit card numbers, to a lot of different people online when we are shopping. What do you think it would do for a business if we suddenly found out that our information wasn't as confidential as we thought it was? That would have a big impact on that particular business.
Collusion
is an attempt by business to conspire to the detriment of customers, businesses, or the general public.
Lastly, managerial ethics decisions can also impact behavior toward economic agent.
Business Ethics : session 1- a comprehensive perspectiveVOCADEMICS
This document discusses business ethics and provides an overview of the topic. It begins by defining business ethics and noting that it guides businesses according to morally correct and socially acceptable norms. It then discusses the objectives of understanding business ethics, including comprehending its basics and significance. Several key aspects of business ethics are examined, such as definitions, values, morals, behaviors, principles, and why ethics are important in today's business world. Factors that can influence business ethics, both internal and external, are also outlined. Overall, the document provides a comprehensive introduction to the concept of business ethics.
The document discusses business ethics and provides examples of ethical and unethical practices in business. It defines ethics as inner principles that guide moral behavior and decisions. Unethical practices mentioned include deception of customers, destruction of competition, inaccurate advertising, unfair treatment of employees and shareholders. The document emphasizes the importance of ethics for business success and outlines responsibilities of business towards various stakeholders. It argues that while profit is important, business must also consider ethics and its impact on society, environment and people.
Ethics refers to principles of conduct that guide behavior and decision-making. The document discusses different views on what ethics means, noting it is difficult to define. Ethics is not just about following feelings, religion, or laws. True ethics involves discerning what is right based on consistent reasoning. In business, ethics establishes principles and standards for appropriate behavior. Upholding ethics benefits businesses and society by promoting trustworthiness, professionalism and long-term profitability. The document outlines various responsibilities businesses have to shareholders, employees, customers, communities and the environment.
Ethics refers to principles of conduct that guide behavior and decision-making. The document discusses different views on what ethics means, noting it is difficult to define. Ethics is not just about following feelings, religion, or laws. True ethics involves discerning what is right based on consistent reasoning. In business, ethics refers to principles that guide decisions and behavior regarding responsibilities to shareholders, employees, customers, communities and the environment. Upholding strong ethics is important for business success and promotes values like trust, professionalism and productivity.
INTRODUCTION OF BUSINESS ETHICS (3).pptxakshay353895
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2. A code of ethics provides guidance for employees when facing ethical dilemmas and is most effective when developed with employee participation.
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1. Unit summary
2.Learning outcomes
3. Terminologies related to business Ethics
4. Differences between Business Ethics and Personal Ethics.
5. Benefits of Effective Governance and Managerial Ethics.
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Strategic mangement
1. 1
Submitted by: Kaleem ullah,
Roll no: 59,
Submitted to: Sir Jamal Ahmad,
Subject: Strategic Management,
Assignment on: Business Ethics Social Responsibility &
Environmental Sustainability
Quaid-e-Azam College of Commerce
University of Peshawar
2. 2
Table of Contents
Walt Disney........................................................................................................................................3
Three main parts................................................................................................................................3
Business ethics...................................................................................................................................3
Code of business ethics.......................................................................................................................4
Definition of code...........................................................................................................................4
An ethics culture.............................................................................................................................4
Bribes................................................................................................................................................5
Love affair at work..............................................................................................................................5
Social responsibility............................................................................................................................5
Social policy....................................................................................................................................6
Social policies on retirement ...............................................................................................................6
Environmental sustainability ...............................................................................................................6
Sustainability report ...........................................................................................................................7
Lack of standard changing...................................................................................................................7
Management environment affairs in the firm.......................................................................................7
Training for university student.............................................................................................................7
Proactive is better than reactive..........................................................................................................8
ISO Certification .................................................................................................................................8
Developing of vehicle..........................................................................................................................8
3. 3
Walt Disney
This example clearly shows the ethics, responsibility & sustainability of business. It was
the time for becoming pioneer and successful in the compatible market for every
organization. But on the other side Walt Disney easily increased their revenues up to
$37 billion in 2008 which was $35b billion in 2007. This earns a net income of $4.4
billion.
One of the rating magazines Fortune which gave numbering to the organization
according to the admiring of customers. So these Walt Disney was on 13th in these
which was “Most admired company in the world” in term of management, performance,
means ethics, responsibility and sustainability.
As we now that good ethics is a way or key success to good business. Disney also
works for greening of environment. As the world’s second successful media
conglomerate has extensive assets in movies, music, publishing, television, and theme
park. Just like that Disney also involve in making Disneyland Park in Hong Kong. For
which Disney announced 50/50 and $452 million of expansion.
Three main parts
Business ethics,
Social responsibility,
Sustainability.
These three are inter-related with each other because all these show a positive
aspect and beneficial steps toward a healthy and wealthy environment.
Business ethics
As we know that good business is good ethics and bad ethics can destroy completely
the strategic plans and also the organization reputation, wealth, and brand.
Business ethics can express those principals which are conduct by an organization that
should be guide the decision making and behavior. As usually in normal life we can
judge the whole life and habits of everyone by his ethics and other behavior which he
conduct in social environment and his normal routine.
If the ethics of the organizations all over the world become good so the world are
sweeps toward a happiness and prosperity and the life duration and standard become
high.
These are totally depends upon the CEO’s and owners of the organizations. Because
they can responsible for making such type of good strategies. If they make best and
ethical strategy and practice it in organization so every single member of the
4. 4
organization can work with deep of his heart and struggle hard for the success of the
organization.
Business ethics are essential step for every small and large and public and private
organization.
Code ofbusiness ethics
Definition of code
Basically code of business ethics is a set document which gave a completely guideline,
cover daily activities, and decisions within the organization.
New changes of ethics are given product safety, employee health, sexual harassment.
Due to these ethics the business can secure from any type of fraud other attacks of the
hackers and from other unethical activities by the other competitor in surrounding.
As these codes of business are different according to areas and organization. Its
depends on the countries rules and regulations.
A code of ethics can be viewed as a public relations gimmick, a set of platitudes, or
window dressing. If employee can see example of punishment which are given in the
past so they can never do wrong or never choose bad way or bad ethics.
For making codes of business for organization you can take information and guidelines
from website www.ethicsweb.ca/codes and you write an effective ethics for every
organization.
An ethics culture
An ethics “culture” needs to permeate organization. Many organizations can makes
ethics a culture and provide good and social environment. If an organization cannot
provide ethical as culturally so the organization can become fail and your competitor
can take advantages of that weakness and that was the strengthens for other
organization.
“Behavioral culture is that who do you deal with customer? Who you deal with
employee?
So for this act the strategist is responsible and provides a developed and beneficiary
culture of ethics. It is the primary responsibility of that strategist. Managers can provide
that sort of strategist and that category of leaders which make ethical behavioral culture
which have great influence on employee of organization and give educated way for the
organization and employee.
5. 5
It is the line it is the clear cut boarder which are drawn which are drawn between right
and wrong.
No organization can compete Longley or successfully because every moment the
changes are occur around them. It was in from of competitor, customer satisfaction, and
other internal production and polices.
Examples:
As in our daily life we can see that there are great ethical and culture differences
between public sector organization and private sector organization. If you face with
public sector org for any dealing so you feel best, free life without tension, and
happiness because of the respected dealing of his employee which provide you
respected culture and ethical behavior as compared of public sector organization.
It’s totally due to the command on the employee in private sector organization. If CEO’s
are accept this responsibility to provide ethical culture and prosperity environment. So it
is necessary to give punishment by violation the rules of the organization. No one can
create or appear with such type of unethical behavior.
Bribes
It is a gift of money, power, seat, any job, or other by illegal way or for illegal works or
illegal demand. Some of the countries cannot allow bribes and makes rules and laws
against them.
Love affair at work
About 80 percent of the companies can make and strictly follow and prohibited this
relation because due to this relation supervisor or other at managerial stage can select
wrong and irresponsible person so it can a headache for organization and due to these
relation the selected employee can destroy the organization.
“One wrong step can destroy your mission and org can misguide and not reach to his
vision which is set by the managerial stage”.
Social responsibility
It refers towards the protection of the well-being of living things. At this stage the
strategist should responsible to examine the social problem in the way of potential cost
and for the benefits of the organization. Because focusing on the social issues give a
great value and reputation to the firm and become most admirable for the people. “give
respect and take respect”.
6. 6
Social policy
If social policies of the firm are on highest level so the firm can be on be top and one
can compete with them in the surrounding environment.
These are the policies which are designed at the time strategic formulation and set
administered in the stage of strategy implementation, and if wants any changes so it
would done in the stage of strategy evaluation. There are strong influence and impact of
society in the organization and vice versa. At the time of designing of the social policies
must keep in mind about the employee, consumers, environmentalists, minorities
communities, shareholders, and other groups which are affected by the these operation
of the firm.
Social policies onretirement
It is also responsibility of the firm that designed policies are forever not for his mission.
Because employee struggle by deep of his heart for success the firm. As employee tell
about his works that “I want to work as long as I am healthy”. For better work a person
can required better diet, for better diet required lots of money and security which are the
responsibility of the firm.
Most of the firm around the world gave these facilities to his employees such as
developed countries are giving most valuation to his country people such as after
retirement gave him simple works or jobs which are suit with his age and working
capacity. Also provide him facilities for the old age peoples.
Environmental sustainability
If the policies for the sustainability if environment in country and in the organization also
is beneficiary so that firm or organization can success and become one the best
acceptable and admirable in the society for the people.
As International standards organization {ISO} expresses the word of the environment
that “Surrounding in which an organization operates including air, water, land, natural
resources, flora, fauna, human and their interrelation.
It is the duty and responsibility of the government to take best and positive steps about
sustainability of the environment. And also responsibility of the organization that to give
fresh report about the facility and utilization of the pollutant and shows positive impact
for the sustentation of the surrounding environment in which they operates.
7. 7
Sustainability report
This is a report which is provide by business to the shareholder and its customer
annually bases which consist of information about labor practices, product sources,
energy consumption by the firm, impact of our business on the entire environment, and
what’s our ethics and roles about that environment. Such as Wall Mart provide these
reports annually to their surrounded and many other firms use his report as model and
take a lot of information and guidelines from them.
Its benefits are that it increases your customers and it provide attraction to your firm and
make value in environment. Due these report managers and employees work properly,
faithfully and sensibly because by these report a firm can shows its works and struggle
to outsiders and it opens windows on it unethical and illegal works which they perform
during their duties.
Lack of standard changing
Changes must be acceptable and according to the standard of the environment. This is
known as business green. Because where the firm operates there are a lot of people
such as his employees and other who not used their goods have great expectation from
them and also claims for those facilities which are necessary for givens and also their
rights and for that’s rights they can sue on the company.
Few years ago most of the peoples not know and no awareness about that business
green nut now political and corporate leaders can realized this business green and due
to these “green” steps the company can set apart from their competitor.
Management environment affairs in the firm
Now a days every simple firm are developed green product lines that who bio-
degradable and or made from recycled products. By these managing and strategists
can manage the health of organization. For this firm can enhance relations with its
customers, regulators, vendors, and other industry players, sustainability improving their
value and forward himself forward success.
For these successes mostly give training and arrange awareness seminar for this affairs
for the managers and employee of the company.
Training for university student
Now a days its good steps by the firm to arrange seminar for student of universities to
aware about the circular environment and about its effecting factors. And how mush
8. 8
ways we can used to reduce these pollutant and how to sustain these fractions and
actions.
Because at this stage there are a lot of ideas arise and it’s better to give him education
about these so after recruitment for a jobs it will easily understand the roles and way of
conduct and bear less recruitment cost by the firm, because training must be given after
the recruitment of these new employee.
Proactive is better than reactive
Most of the firms we see our surrounding that hey used proactive strategy which is 1000
times better than reactive, because they become pioneer and take more advantage by
launch his product or service first. But still most firm are used reactive strategy. After
facing a problem than makes strategy for them and for saves its firm for further
damaging in future.
In respect of environment proactive strategy is also best. Firstly, design the roles and
regulation about environment how to reduce waste, recycling and creating corporate
culture that is environmentally sensitive.
ISOCertification
ISO stand for international standard organization. It headquarter is in Geneva,
Switzerland. It consists of 147 countries which are based on a network channel; which
work internationally. This organization is widely accepted and every organization has
legally connected with them. Because every organization has been required for his
product to prevent them for any out attacks on any blame of standard or quality. And it
is voluntary firm not to enforce any firm to accept its roles and regulation and become
under his standardize.
It has two legislation ISO 14000 and ISO 14001. ISO14000 refers a series and works
for harmful effects on the environment cause. ISO14001 works for environment
auditing, environmental performance evaluation, environment labeling and life cycle
assessment. It was legally accepted by thousands of firms worldwide and use best
techniques for remains forever and for keep its standard.
Developing of vehicle
Now a day most developed steps are taken for keeping the environment clean and
pollutant free. A electronic car are innovate for which 2, 50,000 electronic station are
build and it travel up to 40 miles by recharging of 15 minute on electronic station for this
millions of dollar are invested and it will launched in next ten years. It has two
9. 9
advantages. Firstly it is without any pollutant and secondly it consumed low cost as
compared to petrol and diesel.