A Interview On Ethical Business Practices

A Interview On Ethical Business Practices
Interview on Ethical Business Practices
Sturdy ethical business practices represent a trademark of a superior company that an individual may need to assemble and maintain in your developing
business. Business ethics apprehends groups or individuals; however, the one who formulate them will be swayed by the background of the company.
Therefore, employees must fix on what they believe is the best line of action. Additionally, ethical corporate societal responsibility and behavior can
result in a significant advantage to a business. For instance, they may retain employees within the business, lower labor income and thus amplify
productivity. Secondly, they appeal to customers to the business products, thus improving profits and sales.
For the ethical business practices interview, I had the preference to interview Nemer Ziyad, the Principal of Ziyad Brothers and Executive Vice
President (Allotey, 2008). Ziyad Brothers is among the nation's largest distributors and importers of Middle Eastern and Mediterranean food yields in
the country. Apparently, Nemer is the beneficiary of several awards together with the 2006 Outstanding Achievement Award in Business (AAPBA)
and 2011 Award for Community Service (Allotey, 2008). Nemer Brothers importing was formed as Grocery and Syrian Bakery Inc. was established in
1966 by Ibrahim Ziyad and Ahmad. Their business started as a small vend outlet in Chicago south.
According to Nemer Ziyad, ethics is very vital when interacting with the
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Business Analysis : Starbucks Cafe Practices
Ethical Sourcing
Coffee
On point that Starbucks is fully committed to is their one hundred percent ethically sourced coffee. From the Starbucks corporate website in relation to
ethically sourced coffee:
"We take a comprehensive approach to ethical sourcing, using responsible purchasing practices; farmer support; economic, social and environmental
standards; industry collaboration and community development programs. The cornerstone of our approach is Coffee and Farmer Equity (C.A.F.E.)
Practices, one of the coffee industry's first set of sustainability standards, verified by third–party experts. Developed in collaboration with Conservation
International (CI), C.A.F.E. Practices has helped us create a long–term supply of high–quality coffee and positively impact the lives and livelihoods of
coffee farmers and their communities."
The Starbucks CAFГ‰ Practices look at four main areas being social responsibility, quality, transparency, and economic accountability. Together, these
standards assist farmers in growing coffee that is both better for the planet and for the people who drink it. Amongst these practices, there is also a
belief in the continuous expectation that Starbucks's supplier are in line with these practices through frequent evaluations. For instance, farms and
mills are examined external parties and reported to Starbucks. Starbucks is unique in the notion that they are willing and often do share their business
approaches, resources, best practices and

Business Analysis : Business, Cost Saving Practices :...
This part of the study includes readings in literature and studies which have bearings on the present study. This covers the discussion and other
pertinent information about franchise business, cost saving practices: energy consumption, supply chain management and quality control and customer
satisfaction: convenience, promptness and quality service.
Franchising Business
Franchising has been an influential economic engine and is vital in the expansion and growth of the business for nearly half a century (Ekelund,
2014). The inherent benefits of franchising as a business model are the key influencers of the decision of entrepreneurs opting for franchising instead
of establishing a new business (Oni, Sekwele, Matiza & Pelser 2014). Beredo and Mendoza (2013) said that in order to survive in this kind of
business, capital, skill, positive attitude, good location, good management and best service should be considered. Furthermore, that every franchise
system revolves around its franchisees' quality and the personal decisions that the management make with respect to their work. Understanding the cost
and returns are essentials which franchise companies must work in their programs to the market and be straightforward in the assessments, with these,
returns can be generated over the period (Kong & Zwisler, 2007).
Cost Saving
Four years ago when recession hit, CEO's and CFO's reacted to cut costs to keep the business going. Most companies tightened their procedures and
able to

Unethical Business Practice-a Case Study of the Downfall...
Running head: Unethical Business Practices1 Unethical Business Practices: A Case Study of the Downfall of Two Major Corporations Sharon
Purpuro New Jersey City University Unethical Business Practices2 Abstract The following pages will tell the story of how two very successful
companies met their downfalls at the hands of some very greedy top executives and boards of trustees that chose to look the other way all because of
one common denominator – greed. The tremendous pressure by stockholders and board members that is put upon companies and the executives that
run them to out–perform the competition in an extremely competitive global marketplace can influence top executives and... Show more content on
Helpwriting.net ...
The pressure on Andersen partners to generate fees was intense. Whenever an AA employee would voice concerns about suspected unethical
accounting practices going on at Enron, they were reassigned to a different account. Eventually, the AA employees assigned to the Enron account
knew not to 'rock the boat' because no one wanted to jeopardize losing the Enron account, or their job. In 2001, all of the creative accounting
practices and fast and furious deal making caught up to Enron's 'golden boys' at the top and Enron filed bankruptcy. Skilling and Lay were tried
and convicted on May 25, 2006 of conspiracy and fraud. Skilling was sentenced on October 23, 2006 to 24 years and four months. While awaiting
sentencing, Lay died of coronary artery disease on July 5, 2006. Fastow was found guilty of conspiracy on September 26, 2006 and sentenced to 6
years (Murphy & Barrionuevo, 2006, September 27, NY Time). And the rest is history. Unethical Business Practices6 When telecommunications giant
WorldCom folded in July, 2002 with debts of $41 billion, they overtook Enron as the largest bankruptcy in history. At its peak in June, 1999
WorldCom was valued at $180 billion. WorldCom was the 'child' of Long Distance Discount Services (LDDS) from the breakup of AT&T's 95%
monopoly of the US telecommunications market. Bernie Ebbers, a successful Canadian business owner with a reputation of following a business
model which focused on tight cost control,

Organizational Culture : Business Practices
Does Organisational Culture
Shape Ethical Business Practices?
U5009333
Sarah Zuiderduin
14/10/2014
Introduction
Organisation culture can be described as the beliefs, customs, value systems and behavioural norms and ways of doing business that are unique to each
corporation.
The impact of organisational culture on the ethical standards and moral practices of people in organisations has become increasingly common (Fisse &
Braithwaite, 1983). Managers within organisations are now turning to organisational culture to not only to explain what happens in organisations, but
also to attempt to shape what happens in the organisation (Sinclair, 1993).
Body
Definition of organisational culture, ethical business ... Show more content on Helpwriting.net ...
Management can and should actively manage and engage in organisational culture. This process requires clear identification and articulation of a
corporate strategy, philosophy or mission. These strategies are not confined to economic goals, but there does need to be a cohesive statement about
what kind of organisation the company will be; including its character, espoused values, and relationships to customers, employees, communities, and
shareholders (Murphy, 1989). Commonly known as a 'credo' (Murphy, 1989), this strategy can be translated into a corporate code ofethics. The credo
can be a general statement about the organisational values, the code of ethics should be specific, pertinent, publicized, communicated and enforced, as
well as revised (Laczniak & Murphy, 1991).
Apple Inc. utilises it's employees levels of innovation, creativity, and provides further training and development programs to ensure a positive,

supporting, engaging and empowering organisational culture and attributes this environment to its success.
Leadership and its positive influences, linked to above statements about Apple Inc.
Identify and describe positive outcomes of organisational culture and its positive influence on ethical business practices. Identify the extent of the
influence?
The strong cultural approach adopts a more instrumental

Ethical Practices Within Modern Business Environment And...
Introduction
A practical ethical behaviour entails behaving in an acceptable way which involves a detailed analysis of what is perceived to be right and wrong.
Interestingly, the majority of people are able to identify unethical behaviour rather than ethical behaviour within the society. For instance, it is obvious
to point out any unlawful behaviours within the community such as child abuse cases.
In effect business ethics can simply be defined as the basic fundamental principles and concepts of decent human conduct. To be able to fully understand
business ethics, one must be able to study some universal values including equality of all men and women, human rights, being able to be law abiding,
responsible and having respect for the ... Show more content on Helpwriting.net ...
If so, you then would ask yourself whether someone would be justified in paying you those low wages if you, as a worker, had no alternative except
starvation.
Utilitarianism
The utilitarianism approach to ethical decision making focuses on taking the action that will result in the greatest good for the greatest number of
people. Considering our example of employing low–wage workers, under the utilitarian approach you would try to determine whether using low–wage
foreign workers would result in the greatest good.
For example, if Primark offers low–wage foreign workers in response to price competition, you might retain your market share, enabling you to avoid
laying off your foreign employees, and perhaps even allowing you to pay your U.K employees higher wages. If you refuse to use low–wage foreign
workers regardless of the competition, you may be unable to compete. This could result in layoffs of your U.K. workers and even your foreign
workers, for whom the relatively low wages may be essential income. On the other hand, using low–wage workers may tend to depress the wages of
most workers, thus reducing almost everyone's standard of living and depressing their ability to purchase the very goods you and others are trying to
sell. Deontological Theory: This a theory under the utilitarian concept and it is basically concerned with the moral aspects of actions taken for any
reason rather than the actual outcomes (Hall and

Ethical Practices and Values as a Means to Business...
Introduction
In today's world, different types of business have emerged and business operations have become the cornerstone of making a success, however the way
in which they are operated is what is important. Most businesses hunt the main objective of making a profit without considering how that might affect
other factors of society and that is what in most cases diminishes the longevity of the organisation.
This research is compiled to explain how good ethical practices and good values in business can yield sustainability within the business and the
society as a whole and in order to do this the concept of ethical business practice and values have to be understood.
Decades ago, the perception of ethics and values in business practice has ... Show more content on Helpwriting.net ...
Values
Business values can be defined as beliefs of an organisation, they are "the context in which an organisation's norms are established and justified"
(Nieuwenhuizen & Oosthuizen, 2014, p.95) therefore compel one to think about issues such as honesty, loyalty, morality etc.
Business Ethics and values
Business ethics and values are closely related, their effect and application in business activities correlate and they make one to ask very important
questions that may or may not guide an individual in an organisation to make an ethical decision.
Diagram1:
EthicsValues
What should I do?Why?
What do I choose?What are the intentions?
How should I do this?What must I sacrifice?
When one asks himself/herself these questions, one's inner conscience becomes active and then end up asking oneself the ultimate question: "Is it right
or wrong"? If only management made all their business decisions by firstly considering other factors that would be affected by the decision issues such
as bribery and fraud.
Business Ethics and good values in a micro environment
In order for a business to be sustainable through good ethical operations and good values, it has to start from the top management, considering that in an
organisation the superior's values are the inferior's values (Putnam, 2002). Management has to practice values in the micro environment before anything.
Honesty: Honesty is an attribute of speaking and acting real and

Corporate Social Responsibility : Business Practices
Corporate Social Responsibility are business practices which help not only the business flourish but also help society also flourish. Currently,
Corporate Social Responsibility has been a very important topic and is in many companies today because of employees are focused on three
things: people, planet and revenue (Taylor, 2015). Corporate Social Responsibility has many types and has a variety of tactics to reach the public.
The main ones being Environment, Philanthropy and Ethical Labor Standards (Taylor, 2015). Companies such as Ben & Jerry's and Starbucks have
already been adding programs such as Save the Earth which helps adverse the effects of global warming. Business stake holders are people which
have interest and somewhat have owner ship of a business and they too have a great deal in Corporate Social responsibility. Primary Stake Holders
have interest in the business and how the organization performs and what kinds of actions a corporation takes to efficiently do good business.
Secondary Stake Holders help indirectly by taking actions which making organization not make profit ( Saylor Organization, 2014) Business started
doing international trade when it was beneficially mutual and if both countries had comparative advantage. However, today Many businesses want
ethically responsible behavior while doing international trade While business have international trade, It Is difficult to come up with laws because of
cultural differences due to other nations having

What Can You Make Your Business Or Practice?
Ideas are everywhere. Some are small and seemingly insignificant. Others are big giant ideas with the opportunity to change much of our lives. Each
idea that we are, if we create the idea, synthesize it from somewhere else, or hear, it is a possible opportunity.
Start challenging yourself to think or do something that will grow your business or practice. We can not promise that you will grow your business or
practice, as is the need to apply specific strategies for your business / specific practice.
People who are successful in getting the results you are looking for, the practice of doing things rather than thinking about them. By becoming a doer
will do more things and stimulate new ideas in the process.
One possible opportunity.
No matter how promising, exciting or applicable the idea is, or how big of an opportunity that might be, is only one possible opportunity, unless you
take action. Opportunity may knock, but we have to open the door, roll up our sleeves and get after if we take advantage of that opportunity.
There are many reasons why people do not take action on the ideas and opportunities, including:
– Lack of self confidence to feel that they will succeed
– They do not see the benefits outweighing the risks
–they are scared
– They have too many opportunities and immobilized, unable to make a decision
The steps outlined below will help you get past any of these issues – and move forward with confidence towards great results. Here are the steps you can

Unethical Business Practices in Glengarry Glen Ross
The movie "Glengarry Glen Ross" presented a series of ethical dilemmas that surround a group of salesmen working for a real estate company. The
value of business ethics was clearly undermined and ignored in the movie as the salesmen find alternatives to keep their jobs. The movie is very
effective in illustrating how unethical business practices can easily exist in the business world. Most of the time, unethical business practices remain
strong in the business world because of the culture that exists within companies. In this film, the sudden demands from management forced employees
to become irrational and commit unethical business practices. In fear of losing their jobs, employees were pressured to increase sales despite possible
ethical... Show more content on Helpwriting.net ...
The culture that surrounded Ricky Roma was a catalyst to committing fraudulent activities. Yet, he had regards to his reputation, job and the
organization as whole. This helped him to carry out his duties with the right business practices. Therefore, despite having some questionable
instances, Ricky Roma remained the most ethical salesman in the film. A questionable instance of Rick Roma's behavior occurred at the closing of a
deal at a bar. Closing a deal means entering into a contractual agreement with clients. Now, in order for a contract to be legally binding, it requires
both parties to have the capacity to enter into an agreement. During the closing of the deal at the bar, the clients were under the influence of alcohol.
This alone highlights an unethical business practice on Roma's part. Though this may present an area to question his character, Rick Roma did not
necessarily lie to his client. Rather he exploited the situation and persuaded his clients into closing the deal. This is a more ethical tactic than the other
salesmen for he did not deceive his clients in closing deals. His tactic is even more accepted and common in today's business world. There are many
instances where salespeople must conduct business transactions at parties or golf courses. Entertainment seems to be key and generally accepted in
closing many business deals. For example, drug representatives often need to entertain healthcare providers in order to sell their

The Fundamentals Of Economics With Modern Business...
Contrasting the Fundamentals of Economics with
Modern Business Practices
Divulging economist Adam Smith's theory of wealth creation in William Nickels, James McHugh, and Susan McHugh's book Understanding Business
(2005), they summarize that despite a nucleus of self–interesting goals, business concludes by benefitting both self and extended community. Noting
criticality in monetary reward for dedication and labor, Adam Smith believes an economy can prosper. Furthermore, in order for democratic capitalism
to remain in balance and provision the greatest output, a culture of moral, ethical, and spiritual values are paramount. Sans these basic values,
capitalism will fail. Exemplifying such failure is the 2006 verdict of Enron founder Kenneth Lay and Chief Executive Jeffrey Skilling. Convicted of
conspiracy and security and wire fraud, these two men were sentenced to 165 and 185 years in prison respectively. This scandal not only tore their
families apart, but affected the lives of 5,600 workers and their retirement futures. All of this was based on greed and many decisions to evade
accounting laws. Thus, despite a core desire of self–interest – aligning to Adam Smith's theory – their lack of universal values in decision making
resulted in immensely negative consequences. Napster, a web–based file sharing program (used namely for "sampling" music), stands another
historical example of the power and fallout of poor business judgment. Allowing users free and unlimited access to

Ethical Challenges Of Ethical Business Practices Essay
Ethics
There are many challenges of ethical business practices in a non–ethical world. While some businesses do well, and are considered ethical there are
some businesses that are highly questionable. As one can see through the news media some companies are so unethical, congress gets involved. Ethics
are complicated enough for an individual, however, in a corporate setting the stakeholders are hoping for the multitude of people to share the same
values in order for an organization to function properly and be successful. It only takes a few employees in an organization to produce irrevocable
damage to a business.
People are faced with ethical dilemmas every day. How, each person reacts to a situation will vary depending on their own ethical values. However, in
a business the stakeholders depend on the fact that the employees that are working for a corporation would have a good set of moral values. A
stakeholder is anyone who has interest in an organization such as the stockholders, employees, customers, community, and even creditors. Each one of
these entities has something to lose from unethical behavior. The stockholder will loss if the stock value drops, employees can lose their jobs and
customers can receive poor quality products. The community would suffer economic decline and unemployment of the local residents which would
take money away from the community, and the creditors would lose the principal and interest payments for loans they have given the business

Gucci Group Code of Business Practices
Code of Business Practices Ethics Guide
GUCCI GROUP CODE OF BUSINESS PRACTICES
1
Contents
1 Introduction from Robert B Polet, President and C.E.O. of Gucci Group 2 Business Ethics in Practice Shared principles Shared responsibilities 3
Group Commitments Rules of Conduct Colleagues and Employees Customers and Consumers Shareholders Business Partners Environment and the
Communities 4 Implementation and Follow–up 5 Applying the Code of Business Practices 6 Contacts
3 4
6 7 9 10 12 15 16 17 18
GUCCI GROUP CODE OF BUSINESS PRACTICES
2
Gucci Group, the third largest luxury group in the world, provides excitement and glamour that attracts a broad–based audience – thanks of course, to
its young, creative, and edgy designers. Its appeal ... Show more content on Helpwriting.net ...
These shared principles are as follows: Behave with integrity and responsibility. Respect applicable laws and regulations. Respect the dignity and the
rights of our employees, customers, business partners and shareholders. Respect the environment. Treat corporate assets and resources in the interest of
Gucci Group and its shareholders. Support our employees and business units in social solidarity initiatives. Do not disclose information about
customers or about the business dealings of the Group and its companies.

GUCCI GROUP CODE OF BUSINESS PRACTICE
4
Business Ethics in Practice
2
Group managers Create and maintain health and safety in the workplace and the professional and personal well–being of team members. Lead by
example. Encourage discussion of the Code of Business Practices. Promote and introduce the Code of Business Practices within the company.
Encourage employees to seek advice and help to answer their questions; respect their judgment. Take appropriate measures should actions deviate from
the principles outlined in our Code of Business Practices.
Shared responsibilities Being a manager implies specific responsibilities in addition to those we all have as Gucci Group employees The first requires
us to provide an example by our own behaviour towards our team members: this is a fundamental condition to succeed in the

How Technology Can Help Run Business Practices
In a world where pay phones have become nearly obsolete, the US Postal Service continues to debate cutting back on mail delivery, stocks can be
traded through an app on a cell phone and web retailers such as Amazon.com can have nearly any product delivered tomorrow morning, technology
continues to change the world we live in. This essay will serve to outline and demonstrate by examples how IT efforts have created ways to run, grow
and even transform business practices as we have known them.
How IT helps to run business
Information technology continues to improve the ways businesses are run. Some IT efforts, such as simply maintaining a consistently operational
email system, are taken for granted and often not even an afterthought when ... Show more content on Helpwriting.net ...
Through smartphones, employees can remain connected to the business 24/7. In this way, the business workday doesn't have to pause for lunch and
rarely ends at five o'clock.
Beyond email, Enterprise Resource Planning (ERP) tools such as SAP, Microsoft Dynamics and others have further integrated processes within
business to improve efficiencies and workflow between different business segments. These tools allow businesses the ability to manage the business in
its entirety. These systems collect data from business disciplines including supply chain, sales, accounting, operations and human relations. That data is
then analyzed and the organization can gain insight as to how to improve their processes and increase efficiencies and productivity.
Electronic Data Interchange (EDI) now makes it possible for B2B customers to submit purchase orders for product with vendors which are seamlessly
translated into sales orders at the vendor level triggering the product flow system automatically. Once the product is shipped out to the customer or the
service is performed, invoicing can be completed and sent automatically. This reduces the human involvement and speeds up the processes.
Information technology efforts in these areas have improved the way businesses are run. The day to day operations of business disciplines have been
improved by the efforts of IT personnel and the developments of information technology as a science. The

Examples Of Fair Business Practices
Fair Business Practices
In the United States, several laws were established to keep businesses operating fairly and competitively in every market. With businesses willing to do
just about anything to gain the competitive edge, antitrust laws were set into place to prevent to keep a companies from being dishonest while trying
to obtain new clientele. Being a small business is tough trying to compete with larger companies, such laws protect them from market allocation, bid
rigging, and price fixing.
Coming to an agreement to not operate in the same space as another company, dividing area to benefit each other is illegal. Being a large company,
practicing this method allows the two companies to set prices where smaller businesses cannot compete and eventually going out of business. A
Boston food retailer accused C&S Grocers Inc. and Supervalu Inc., two of the largest U.S. grocery wholesalers of such practices in 2009. Allegations
include that the two wholesalers conspired to inflate prices and not compete with one another. The Federal Trade Commission has uncovered other
cases such as the Vitamin Cartel in 2001. In this case eight companies came together and agreed on the price and volume for every major vitamin sold
for human and animal consumption (U.S. Dept. of Justice, 2003). With the eight companies working together instead of competing, they controlled the
market making sure that they received all the profits. After being investigated and prosecuted, several firms and

The Problem Of A Unethical Business Practice
On my commute home that night, I began to wonder about the implications of the situation. After returning home, I fixed myself dinner and decided
that a session of meditation would help me to think clearly and to approach the situation with an objective mindset. After a quick shower and a change
into more comfortable attire, I sat out on my back patio and relaxed into a session of the Vipassana meditation that I had learned as a student to manage
stressful situations. After an hour of meditation, I felt mentally refreshed, relaxed, and ready to approach the question of ethics that was before me. I
began to consider what I knew about the situation and the possible outcomes of letting it go uncommented on. Deceiving the client is not only
completely a unethical business practice, but it could create a ripple of negative effects. If the plant ran without noticing the differences between their
actual and expected results, they would be unaware that their emissions were higher than they had been told to expect, possibly making their emissions
rates unintentionally higher than the legal limit under the EPA. This would create a situation similar to that of the Volkswagen scandal uncovered in
2015, in which an algorithm that caused the vehicle to run differently when being tested allowed 11 million vehicles to emit 40 times the amount of
pollutants specified as the maximum allowable level by the EPA [1]. The Volkswagen scandal caused millions of car owners to unknowingly

The US Laws and Guidelines Governing Fair and Equitable...
The US Laws and Guidelines Governing Fair and Equitable Business Practices
BUSN115
September 21, 2013
Professor Neal McGregor
The US Laws and Guidelines Governing Fair and Equitable Business Practices
The United States became one of the most influential world powers virtually overnight. The system of functionality which maintains this growth and
power is the refined codes of business practices which are the cornerstone for domestic and international business relations the world over. Due to the
unprecedented growth and prosperity of our nations economy and government, many countries look to us as a model of free enterprise for other
nations. One doctrine of thought is the United States belief that our government ... Show more content on Helpwriting.net ...
One great example of this type of relationship is the two businesses Macintosh and Windows. Historically they have always been in constant
competition with one another, which has ultimately benefitted the people of the world by fueling competitive innovation. [1] "National competition law
usually does not cover activity beyond territorial borders unless it has significant effects at nation–state level."
One law, which helps protect businesses and promotes fair competition for the benefit of the consumers, is the US Anti–Trust law. This law is
comprised of three different acts: The Sherman Act 1890, the Clayton Act 1914 and the Federal Trade Commission Act 1914. The first role these acts
perform is to restrict the formation of cartels which would perform outside of the guidelines of the government and there for not be bound by there
laws. The second role these acts perform is to ensure no single business entity can perform a certain level of mergers and acquisitions, which would
essentially turn them into a monopoly and reduce competition. Overall, the antitrust laws are constantly debated for their overall functionality and
efficiency in protecting the fair business practices of the United States. [2] "One view, mostly closely associated with the "Chicago School of
economics" suggests that antitrust laws should focus solely on the benefits to consumers and overall efficiency, while a broad range of

Organizational Structure, Culture And Other Business...
In a business environment there are various business practices, processes, systems and general tools that people will be observed. Sometime employees
and organisations needs to be managed according to it. At my workplace I have observed and learned variety of practices, process and system. The
elements could be at internally or externally within organisation relationship. According to Keyser (2014) for a manager it better to maintain healthy
relationship as a result the desired outcomes will be more effective and efficient. When talking about internal environment towards internal relationship
of an organisation it includes organisational structure, culture, practices, process and other insights. In terms of my CPO the internal... Show more
content on Helpwriting.net ...
When talking about customers or clients at Ceylon we have to deal with either business or personal transaction customers. Sometime business
customers include either retail or wholesale clients where they want to send money to overseas to buy goods. In terms of personal transaction
customer which include immigrant worker where they want to send money to their family members, or people who wants to send to their saving
accounts in their home country. There are many reasons can be categorised. When talking about outsourced services Ceylon needs to seek outsourced
services to offer our clients some of the services that Ceylon deals would be Banks and other financial services providers. As a result it would
enhanced our reputations.
When analysing corporate social responsibility (CSR) it's a concepts of business practice which involving initiatives that benefits society that business
operating in. In terms of business practices in the financial industry CSR contributes to sustainable development by delivering economic, social and
environment benefits for all stakeholders within the company. CSR is a very broad concept where it address many topic such as economic
development, human rights and environmental effects. With current issues that happening in the world CSR specially address the economic

Wells Fargo Unethical Account On Business Practices
Wells Fargo Unethical Accounts
Joshua Yascavage
AMU BUSN311
Wells Fargo Unethical Accounts
A business is created to make money, it may originally be made to help people, but in the end the pocket book of stockholders and owners is what
managers focus on, and what employees are hired to do for the company. This means to do whatever it takes to make money, however, you need to
stay with in the law and in many cases be socially ethical in business practices. When you fall out of these boundaries you will find yourself on the
front page with your stocks dropping and a loss of profits you have been trying to increase. It is understandable that social ethics is not a companies sole
priority, however, when you forget you have a... Show more content on Helpwriting.net ...
These employees scared to lose their job would open up these fake accounts to make numbers, the number of accounts that were opened were
staggering. There were a few employees that saw this practice as unethical and did the right thing, calling the ethics hot line set up by the Bank, and
sending emails explaining their issue with what was going on. Employers are not legally allowed to punish their employees who are whilst blowers.
Wells Fargo did not take kindly to their employees blowing the whilst so they would fire them.(Egan 2016). Employment law, is one of the reasons
Wells Fargo was sued by both employees and customers over this issue. Customers could sue the company for what its employees do, this is because
employees are agents of the company.(Hasl–Kelchner 2014). When the employees took it upon themselves to start opening common accounts such as
credit cards and checking accounts that would charge fees to the customers they were essentially stealing from these customers. Employees can sue
based off multiple factors and in this case wrongful termination.(Hasl–Kelchner 2014). Firing the employees that filed ethical complaints was illegal.
The law is set up to protect whilst blowers yet Wells Fargo had no problem finding other reasons to get rid of these employees. (Egan 2016).
Had Wells Fargo used the value chain concept, created by

Unethical Practices For Business Success Essay
We have heard the well–used phrase, "When in Rome, do as the Romans do," and have applied it well as we travel among other countries and
cultures, with great success. However, in business, it does not prove to be as much of a reliable phrase to live by. General practices of businesses can
sometimes prove to be unethical, even though they are quite legal, or were simply unethical in their conduct and operations, with no remorse.
Unethical practices by businesses have often been a catalyst in their demise. Hence, for business success, we might say, "When in business, practicing
integrity is good business," because if it is adhered to, it can be a recipe for success.
According to an article, Unethical Rationalizations and Misconceptions, which was published by ethicsalarms.com, there are countless excuses and
reasons people justify unethical practices, whether they are legal or illegal. Every form of excuse, "It's done all the time," to "It's always been done
this way," to "Everybody accepts it," to "Nobody's complained before," to "It's too late to change now," to "No harm, no foul," to name a few. These
justifications are clearly evident that the ABCDs of ethical decision–making have been bypassed.
When operating a business, it is more profitable to consider every aspect of the outcome of the decisions that we make. We need to be aware of the
facts of the entire situation. Who will it impact most and to what degree? How do I feel about the decision I am going to make?

Ethical And Socially Responsible Business Practice
Intro
This essay will examine in details the challenges, limitations faced by corporations and the strengths that are drawn from their ethical and socially
responsible business practice.
In today 's business world, it is difficult for corporations to define what is regarded as a responsible business practice in the areas of ethical and
social responsibilities. The hallmark of a good company is to maintain a strong ethical practice, values, policies and social responsibilities that guides
its conducts as well as the activities of its employees.
Taylor (1975), defined "ethics as the inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments,
standards and rules of conduct". Based on this definition, business ethics can be said to rely on individuals and the business to adhere to high moral
principles and judgements. The incorporation of ethics in an organization business values and strategy enables social corporate responsibility to be
ingrained in their daily decision making.
Corporate social responsibility (CSR) as defined by Carroll (1979) refers to the inclusion of moral, lawful and economical obligations that is expected
of a business by the society (Brtitzelmaier, Kraus 2012). Organisations are expected to act responsibly, but many would agree that their actions and
policies do have a direct or indirect effect on the society at large and the environment. The success of most organisations is dependent on their corporate

Laws for Fair, Balanced and Competitive Business Practice...
United States has several laws that ensure that competition among businesses flow rely and new competitors get free access to the market. These laws
intend to ensure fair and balanced competitive business practices. However, there are times when some businesses will do anything to gain competitive
edge. USA has strong antitrust laws that prohibit fixing market price, price discrimination, conspiring boycott, monopolizing, and adopting unfair
business practices. The history of Antitrust laws goes back to 1890 when Congress passed Sherman Act. In 1914, Congress passed two more acts:
Federal Trade Commission Act, and Clayton Act. With some revisions, these three acts are still core antitrust acts.
The Sherman Act outlaws every contract, ... Show more content on Helpwriting.net ...
Rockefeller's Standard Oil dropped its price by more than half and bought up many competitors. Microsoft has also been accused of adopting unfair
business practices and discouraging competition several times. Microsoft started getting its web browser Internet Explorer with Windows operating
system and other products. Even though consumers were not forced to purchase the Internet Explorer browser, Microsoft did manage to discourage
competition. Court held Microsoft liable under antitrust laws. Many times even a government can allow a company to work as monopoly. For example,
AT&T was allowed to work as a natural monopoly. Similarly, Kodak was found violating antitrust laws in 1921 as at that time Kodak was controlling
96% of film and camera market in USA. Company was accused of discouraging competition. (antitrustlaws.org) In 2013, Apple was found violating
antitrust law by conspiring to raise prices of e–books.
In spite of such laws, businesses find ways to practice unfair business practices. There were times when large enterprises have been able to drive
smaller businesses out of business. Companies had left clients with no choice, but to buy their products. Companies have been cheating consumers. It is
not just large corporations; even smaller corporations are indulged in unfair business practices. According to FTC, American consumers lost over $1.6
billion to

B2b Ecommerce Best Practices : Custom Business Features
B2B eCommerce Best Practices –> Custom Business Features Custom Business Features Deliver Extraordinary B2B Versatility Custom business
features become increasingly important for successful and efficient B2B marketing because there are many different business models to satisfy, and no
business within a category operates identically or needs the same features. Some companies support B2B and B2C commerce on the same platform
while others function as facilitators for E–procurement product purchases and bids. Other B2B models include infomediary websites, niche markets,
heavy equipment wholesalers and many other industry–specific B2B operations. Many companies sell products in multiple countries and have website
support for multiple languages, currencies, tax–calculation methods like VAT and customs
–documentation needs. Out–of–the–box software without
customizing its core business features just doesn 't provide the level of service that customers expect, and even customized core features can fall short
of what well–designed custom features can deliver. Custom B2B eCommerce features –– regardless of business model –– deliver the latest products,
research and information to customers and transform websites into central repositories that can display the right information to the right customer at
the right time, which has always been the key to sales closings, and provide astonishing levels of user functionality so that people can research
products, personalize their website

Integrating Sustainable Business Practices to an Organization
In today's world of business the role of leadership team has been to integrate sustainable business practices into the organisations and ethics are key
agenda items (Smart et al., 2010).Businesses can be tempted to make short–term gains by turning a blind eye to ethics that will lead to the loss of
reputation (Barman et al.,2010). Thierry Pilenko said that "It is in the power of the leaders, stakeholders and employees to make sure that the ethics are
the core values in order to maintain good reputation". The ethics and the social responsibility are cooperative and a company that acknowledges the
importance of sustaining the environment and the people involved makes good profit (Drotskie,2014,chap.5,p.92).The businesses that turned blind eye
to ethics have faced the consequences of losing their reputation and remuneration, for example American gas Organisation took unethical decisions that
left them being bankrupt (Drotskie,2014,chap.5,p.92).Makgoba stated that South Africa has ethical dilemmas that results to the level of distrust for the
government.
DESCRIPTION OF ETHICS, VALUES AND SUSTAINABLE BUSINESS
In business world it has become too easy to let small infractions slide by until they become big problems (Templeton,2010).Ethics have become the core
values that guide the managers, stakeholders and employees how to behave in an ethical way and the values promote exemplary behaviour in all
circumstances (Pilenko,p.4,2011).Reputation is a priceless asset that most

Granite Construction Ethical Business Practices
Ethical Business Practices Granite Construction Corporation is a Fortune 500 Company that operates in both the continental United States and Alaska.
Some of their extensive lists of programs include an extensive safety and risk management programs and a list of core values in which all employees,
plus management, must adhere to. These programs are extremely inward focused by refining the skills of their employees and addressing the needs of
their stakeholders. Their community involvement includes sponsoring art festivals, donating school supplies and funding field trips for local schools.
Granite is extremely focused on education and proves this by providing $413,000 in Scholarships to the children of their employees. The

Ethical And Social Treasions Of Business Practices In The...
In the business world, there has been many cases of scandals, financial difficulties, and unethical practices amongst the businesses. In particular, the
fashion industry has had many incidents dealing with the practice of unethical practices and unfair treatment towards the people under management.
"Awareness of the ethical and moral dimensions of business practices is becoming increasingly subject of focus from academia, government and the
public alike. Discussion of the social responsibility of the firm(Ahmed)". This is an ongoing issue that needs to be addressed. These ethical issues deal
with the mistreatment of employees, the business and the finances. In particular outsourcing has been very popular since the Revolutionary War. In
that time outsourcing was very popular, but it began to be used for the benefit of the people in managerial positions more than the benefit for everyone.
Outsourcing is when a company works with another country for cheaper labor and quicker production. In America, we have outsourced and been
accused of allowing unethical outsourcing such as sweatshops, child labor, pay lower than minimum wage, unauthorized labor, unsafe environments,
unequal opportunities , and poor treatment from the companies America has worked with. "One of the earliest calls for examining the question of
ethical consequences to business practices was an article by Baumhart in 1961 in the Harvard Business Review aptly titled: "How Ethical is Business?"
Baumhart presented

Is Outsourcing A Business Practice?
It should be illegal for US–based businesses to outsource their customer service to foreign countries because it weakens the economy and the job
market in the US. Offshore outsourcing is a business practice or process that means to export information technology (IT) and manufacturing jobs to
other developed countries outside of the US for the sole purpose of cutting costs, such as labor costs and tax savings. By doing so, the US economy is
negatively affected, unemployment rises, and funds through taxation are paid to other countries by US businesses. Outsourcing needs to stop and
should be illegal. US businesses need to invest more time and money to research and develop other ways to save money, such as cheaper manufacturing
goods that still produce the same quality item.
Offshore outsourcing is a large issue, much larger than people realize, and has been occurring for too long. On April 10, 2006, Electrolux, one of the
world's largest manufacturers of home appliances, closed their manufacturing plant in Greenville, North Carolina and moved to Juarez, Mexico. (Lach,
2012)
The main goal of outsourcing is to cut costs while maximizing profit, which means that labor costs are the primary reason for sending jobs overseas.
Recently, the margin of cost between the US and China declined by almost 50%, regardless of the increase in labor costs in China, most US
companies have no plans for bringing those jobs back to the US. Though the labor cost savings are not as low in China as

Business Ethics And Practices Of Goldman Sachs
Assignment 1
Q1 – What was up with Wall Street? The Goldman Standard and Shades of Gray.
Go back through the case; make a list of each action/ practice that could be called a gray area.
The problems to be investigated are the business ethics and practices of Goldman Sachs. There were several grey areas in which Goldman Sachs
operated their business.
Ethical Grey areas are situations and problems that don't fit neatly into any existing mode of ethical analysis within the business (Marshall, 2007). Peter
Drucker's interpretation of business ethics is that personal ethics and business ethics cannot be separated. He uses the example of businessmen should
not cheat, steal, lie, bribe, or take bribes. But nor should anyone else. He also mentioned that "men and women don't acquire exemption from ordinary
rules of personal behavior because of their work or job" (Drucker, 1986).
The first grey area was Goldman Sachs using a technique called "layering". Goldman would start a company and used their own money to buy
90% of the shares. The public would see how the stocks were selling so quickly and wanted a piece of the pie. The public were unaware that
Goldman was buying their own stocks and then continuously increasing the price of the stock and selling it back at the higher price. Goldman saw
how well this was working and decided to continue with this practice. He started new companies and followed the same formula as before, making
bags of money, while investors had no idea

Illegal Business Practices at Pharmacare: A Review
Corporate Social Responsibility at PharmaCARE by for
Course Title:
The exploitation of impoverished peoples is certainly not new, but the fact that the practice continues in the 21st century is caused for great concern
among policymakers and nongovernmental organizations alike. Exploitation at any level is unacceptable, of course, but when it involves a major
multinational corporation and illegal business practices, it becomes a crime that requires effective disposition. This was the case with the company,
PharmaCARE and its subsidiary, CompCARE, which used its position and power in ways that ultimately killed dozens of patients and harmed
numerous employees. To determine the facts in this case, this paper provides a review of the relevant peer–reviewed and scholarly literature
concerning exploitive business practices and whistle–blowing, followed by a summary of the research and important findings concerning these issues
in the conclusion.
Identification of All the Stakeholders in This Scenario There are potentially tens of millions of stakeholders involved in this scenario. Besides the
employees of PharmaCARE and CompCARE as well as the general population of Colberia and those who were hired to conduct harvesting activities in
its jungles, the stakeholders in this scenario include uncounted numbers of U.S. Department of Veterans Affairs, Medicare and Medicaid beneficiaries
who have used the medications manufactured by CompCARE to treat their Alzheimer's disease.

Business Practice Argumentative Essay : The Decision...
Business Practice Argumentative Essay
Amanda Rabius
PHL/320
September 18, 2017
Hank Reeves Business Practice Argumentative Essay
The decision–making process is a present and vital in the everyday hustle and bustle of business practices (INC). Although, making choices can be
painful at times, the selections that are made define the success and quality of an organization. Any significant bad decision could throw a company
off course. So, it is important that good decisions are made. Dictionary.com defines good as sound, valid and satisfactory for the purpose (DIC). But,
to get more technical, let 's consider the definition of "good" when it comes to business decisions. Well, what is a "good" decision exactly? The answer
may seem obvious, ... Show more content on Helpwriting.net ...
And, it is clear that the Houston area is in demand for this beloved noodle bowl. But, regardless of the degree of market growth required to meet the
business owner's particular business goals and objectives, the need for growth and a plan to accomplish it is fundamental to a successful business
venture. Without it, you will leave your business vulnerable to market pressures such as increased competition or regional economic downswings. For
example, when expanding a business, a restaurant, retail or service – reproduction can easily be run from a distance. All you need is to launch a chain.
All businesses need to grow to survive and starting a chain expands that business horizon. Since the owner of AGU knows that the first location was a
success – he duplicated the plan with multiple locations in various areas while meeting increased customer demands.
Typically, a business's growth can also be measured by important statistics such as turnover, market share, profits, sales, or staff numbers (HBR–
PROFITABILITY). According to the Harvard Business Review (HBR– PROFITABILITY), a project undertaken by theMarketing Science Institute on
the PIMS (Profit Impact of Market Strategies) is "aimed at identifying and measuring the major determinants of return on investment (ROI) in
individual businesses. Phase II of the PIMS project, completed in late 1973, reveals 37 key profit influences, of which one of the most important

The Impacts of Pfizer's Business Decisions and Practices
Business Decisions Effects on Stakeholders Introduction The pharmaceuticals industry is one of the most profitable business sectors. The implications
of this business can be observed on individual, corporate, and national level. The actions that companies make determine significant effects on different
categories of stakeholders. The shareholder theory states that companies' objectives are represented by maximizing profits for shareholders, while not
valuing the interests of stakeholders. The stakeholder theory states that companies' activity must be oriented towards producing benefits for categories
of stakeholders like employees, customers, managers, investors, governments, the society, and others. The different views on companies' objectives
reflect the complexity of the issue. Company Presentation Pfizer is one of the most important U.S. pharmaceuticals producers, and one of the top
players on international level. Its core operating segments are primary care, specialty care and oncology, established products and emerging markets,
and animal healthcare. Pfizer is also the world's largest research based pharmaceuticals company. This means that its investments in research and
development processes determine innovation. Most of the company's profits comes from selling Rx and over the counter products, but Pfizer also
commercializes dietary supplements (Pfizer, 2013). These dietary supplements are easier to sell because of the more permissive legal framework that

American Business Practices In The 1960's
The foundations of business practice have NOT changed in the U.S. since the 1960s.
Within the past 50 years, American business people have kept basic business practice until today. American people are on a first name basis in daily
life. But in business area, people prefer use Mr. or Ms. with their surname when referring to others to show their respect.
Today's Americanbusiness style is considered to be direct, which was same as historical business practice. This means they directly describe what they
want. Though they are direct, common courtesy is still important. American people always remember to include "please" or "thank you" when they
need someone's help.
A handshake was a gesture by demonstrating that the hand holds no weapon during ... Show more content on Helpwriting.net ...
They prefer to have a meeting schedule and a task list for each member for future meetings.
American business people like to start and end meetings on time. They usually set a specific time period for a meeting. This means they are expected to
be efficient and to finish tasks within a limited time period. They always prepare objectives before the meeting, concentrate on the content during the
meeting and complete tasks after the meeting.
During 1960s, people did not like to talk about personal topics during the meeting, while they might have some personal conversation during meeting
breaks now.
Historically, women and men have not been equally valued in business.
In 1960s, 38% of American women worked outside of their home. In business area, women were considered to help positions like secretary. With the
American feminist movement during 1960s to 1970s, people tended to realized the important roles that women played in workplace. However, there
were still some inequalities between men and women.
Until 1999, women ONLY held 6.80% of top executive position. In 1980, there were no female executive officers.
Some appliances that was used before 1990 is seldom used

Business Intelligence Dashboard Best Practices
After reviewing the internship activity in chapter 12, "Industry: Healthcare" and completing independent online research, I have found helpful
information on Business Intelligence dashboard best practices. As stated in the internship activity "Dashboards are a popular way to view business
data" (Rainer, Prince, & Cegielski, 2014). In fact, Stephen Few sums up the definition of Business Intelligence dashboard in this sentence "A
dashboard is a visual display of the most important information needed to achieve one or more objectives; consolidated and arranged on a single
screen so the information can be monitored at a glance" (Lach, 2012). BI dashboards are a delivery method used to share information with appointed
users or a number of individuals ... Show more content on Helpwriting.net ...
Doing this will bring users to the most important pieces of information located on the dashboard. When doing this it is key to avoid clutter, such as
visibly unnecessary chart types. With any unnecessary information or visuals it can distract and turn the users away from the data being shown. A
practice that goes along with this is using "color appropriately and sparingly to achieve maximum contrast" (Lach, 2012). When designing a
dashboard of reports the color selection should be thought out to enhance readability of charts. The precise selection and use of color will help
bring the users' attention to the significant trends, developments, and actions. Making data points different from one another and from the charts
and backgrounds will help the important information be seen. On the other hand, if there are too many colors being used it can be hard to find and
grasp the information. A cool trick is to relate colors to their symbolic or metaphoric meaning, such as red equals bad. Another practice is to select
the best visualizations, not the best looking visualizations. Imagery should be kept simple and the focus should be on the data not the dashboard.
Too flashy visuals and chart types should not be used when there are simpler alternatives for users to understand the same message. When designing,
the dashboard context should always be provided. If there is no context, then the data visuals presented are basically useless. Finally, dashboards
should have support and prompt action. "After drilling to detail to ascertain the root cause of a notable change or event, users must be enabled with a
range of options to share the new information and their associated thoughts with others, in order to drive appropriate resultant action" (Lach, 2012). BI
dashboards should be effective and efficient for businesses to view their data. These are the best BI dashboard practices I have researched that will

Business Ethics And Ethical Practices In The Workplace
Business ethics and ethical practices have been focuses by many businesses in recent years. Business ethics can help the company to create and
develop it workplace culture as well as to increase the productivity of employees. Due to the rapidly change and improvement of technologies, ethical
practices within of the workplace have also been changed with the raising of new ethical issues. Many studies and researchers have indicated that it is
very importance to identify and understand the impact of technologies advance on ethical practice of businesses. The main purpose of this essay is to
conduct analysis and provide evidences that support this opinion. From the point of view of the writer, it is importance to understand the influence of
technological advances on ethical practices because the company can only control and manage the impact of technological advances by understand its
impacts on ethical practice of the company. In order to evaluate whether technological advances have impact on ethical practice within the workplace
or not, it is important to understand what ethical practices in the workplace are. According to Quigley (2008) the term ethical practice within the
workplace covers many aspects and responsibilities that need to be performed by employees and companies. For example, employee motivation and
training, employee behavior and relationship are parts of the ethical practice of a business (Quigley, 2008). So by evaluating the impact of
technological advance on

Questions On Business Practices Of Ikea Essay
Table of Contents
Introduction1
1Responsible Business Practices of IKEA1
1.1Realization of Responsible Business Practices1
1.2Code of Conduct2
1.3Responsible Practices2
1.3.1Alternative to Diesel2
1.3.2Environmental–Friendly Products3
1.3.3Management of Forest3
1.3.4IKEA's Social Policies4
1.3.5Partnership between UNICEF and social Initiative4
1.4Negative Practice5
2Ranking of the Most Responsible Practices5
2.1Ranked as One5
2.1.1Supportive Ethical Theory6
2.2Ranked as Two6
2.2.1Supportive Ethical Theory7
2.3Other ethical theories:8
2.3.1Meta–ethics:8
2.3.2Descriptive ethics:9
2.3.3Normative ethics:9
2.3.4Applied ethics:9
2.3.5Moral Psychology:10
3Recommendation10
3.1Towards Environment10
3.2Towards Community11
Conclusion11

References12
Introduction
Every company strives for being socially, environmentally responsible for gaining a positive image among the stakeholders associated with the
company. The chosen company for this report, IKEA, is practicing such praiseworthy practices which are discussed for demonstrating the concern of
the company towards the society and environment. The Swedish company, IKEA, a giant of the retail business of furniture, has become an
environmentally and socially supportive business by highlighting on the environmental and community aspects while conducting the business and
ensuring no negative impact on the environment as well as on the society. This company has done such responsible

The Ethical And Sustainable Business Practices Of Patagonia
Major Points: The responsible company, a firsthand account of Patagonia's rise to become a leader in sustainable business and environmental practices.
This book goes over the ethical and sustainable business practices that Patagonia has been using for the past 40 years. They started off as a small
company called Chouinard Equipment, they sold rugby shirts, ice axes, and much more basic mountain climbing equipment. Throughout the course of
this paper I will be discussing, Patagonia's values, ethical framework, and the different elements that made them a highly sustainable business.
Patagonia realizes that much of the world's economy is supported by consumerism. They also know that this unrelenting increase of 3 percent minimum
growth is going to drive the entire market into the ground. Three percent minimum growth relates to how much a company has to grow in order for it
to stay afloat within the market. This means that every single company in the world has to grow at this rate. Which is completely unsustainable. The
world in general according to Patagonia is "In transition to a post–consumerist society", (pg.27, Chouinard/Stanley). As the world moves towards this
idea of post consumerism, companies must learn that in order to create a successful business they owe not only their stockholders but the stakeholders.
A stakeholder is anyone who is affected by the company and its activities. The major groups companies typically focus on are: employees, customers,
communities and

Are United States Business Laws Effective at Promoting...
The United States ranks as the highest gross domestic product nation in the world (Wickipedia, Retrieved March 22, 2014). This ranking indicates that
millions of people buy, sell, trade and perform business transactions daily within a multitude of industries and professions. In order to preserve the trust
and integrity of our financial systems, it is imperative that the United States implement, regulate, and enforce business practices to remain relevant and
effective within the constantly changing global economic marketplace.
The United States has a long history of ensuring fair and balanced business practices through legislation. The Interstate Commerce Act of 1887, began a
shift in the economy from state commerce regulation to a ... Show more content on Helpwriting.net ...
The main agencies which currently promote United States business laws and practices are the Federal Trade Commission and the Small Business
Administration.
The Federal Trade Commission, established September 26, 1914, has two key functions which include protecting consumers and promoting
competition. (ftc.gov, Retrieved March 22, 2014). Consumer protections include opposing illegal, and unjust business practices within the American
economy. The agency investigates, litigates and legislates to promote fair and sound business standards. Promotion of competition is accomplished by
the enforcement of anti–trust laws, which results in lower prices, higher quality and free movement of goods. (ftc.gov, Retrieved March 22, 2014)
Per the 2014–2015 Federal Trade Commission Performance Plan, "The agency administers a wide variety of laws and regulations such as the Federal
Trade Commission Act, Telemarketing Sales Rule, Identity Theft Act, Fair Credit Reporting Act, and Clayton Act. In total, the Commission has
enforcement or administrative responsibilities under more than 70 laws (see http://www.ftc.gov/ogc/stats.shtm for a listing). The FTC also enforces
rules issued pursuant to the Federal Trade Commission Act or other laws, including the Business Opportunity Rule and the Telemarketing Sales Rule."
(ftc.gov, Retrieved March 22,

Business Ethics : Ethics And Practices
Business ethics
Business Ethics relates to policies and practices that regard potentially controversial issues. The business ethics will be the moral principles that will
affect a business's behaviour. Also most organisations pay their business managers to make decisions which will help the business to reach its aims and
objectives. Businesses are part of the community therefore they are required to behaviour at a certain standard.
Ethical activities
Ethical activities will focus on making a positive impact and contribution to the community. Ethical firms also carefully consider the implications of
what they are doing and the effect it might have on the community and the environment. It also relates to businesses who have a lot of power and
whether they use it responsibly or selfishly.
Values of businesses
The values of businesses will vary depending on the company. These are defined by the behaviours and values which govern a business environment.
Overall the values are a set of guiding principles that will encourage individuals in an organisation to make decisions based on the business's stated
beliefs and attitudes towards business practices within the industry.
Professional ethics
The professional ethics relate to how people behave in relation to their chosen careers. However professionals can lose the right to practice if they do
not follow the rules of conduct laid down by their own professional institutes. This is because these professions are trusted by the public

Wal-Mart Unethical Business Practice
Friday, 9th December 2011
Friday, 9th December 2011
–––––––––––––––––––––––––––––––––––––––––––––––––
MANAGEMENT ESSAY
WAL–MART UNETHICAL BUSINESS PRACTICE
* General Description
Wal–Mart is an American company specialized in mass–market retailing, founded by Sam Walton in 1962 in Arkansas. He made it into the leader in
discount retailing that is today. In fact, the company is worldwide extended.
With 16'389 billion $ of profit, Wal–Mart is the first world company in terms of sales and is considered as the biggest company in the United States.
According to PBS, "Wal–Mart employs more people than any other company in the United States outside of the Federal government, yet the majority
of its employees with children live ... Show more content on Helpwriting.net ...
(See appendix 1)
Wal–Mart could avoid lawsuits, but they need to give more job with responsibilities and opportunities to women and they should get paid as much as
male employees. Even though Wal–Mart is such a successful company, they can do better if they stop discriminating their women employees and they
will save money on lawsuits.
In fact, "Wal–Mart recently introduced workplace diversity initiatives, intended to prevent further gender bias."
We can see here that Wal–Mart is making a small step to stop discriminating women employees. Will it be enough? Sure not, but it is still a change in
the good way.
This is a really important unethical issue for a company as big and important as Wal–Mart.
I don't think is it fair to discriminate gender employees. If they do have problems with women they shouldn't hire them. They could have anticipate all

these lawsuits against them, because it was sure that if there were any difference between men and women the one or the other would have report it. In
this case, there is an issue with women employees and they do have react against it, which it is totally right.
For example, if it was the contrary: men employees are not equal to women employees, men would have done the same and

A Interview On Ethical Business Practices

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