Final Business Ethics
Essex International College
UNIT 45: BUSINESS ETHICS
(M/601/07961024)
A REPORT ON BUSINESS ETHICS OF ANGLO AMERICAN
Submitted by:
PURNA BARNI THAPA
ID: W0105570912
Submitted to:
RAMJI POUDEL
APRIL 2014
Table of Contents
TASK 1 3
UNDERSTANDING DIFFERENT ETHICAL PERSPECTIVES IN BUSINESS 3
A. Explain the background and development of theoretical ethical approaches in Business 3
B. compare and contrast absolute and relative ethics in relation to Anglo American 5
C. Explain the ethical issues which can affect the operational activities of a company such as Anglo American 6
TASK 2 8
UNDERSTAND BUSINESS OBJECTIVES FROM AN ETHICAL PERSPECTIVE 8
A. Explain how business objectives of Anglo American are affected by ethical considerations 8
B. Evaluate the implications to Anglo American and its stakeholders to operate ethically 10
TASK 3 11
UNDERSTAND ETHICS IN WORKPLACE RELATIONSHIPS 11
A. Assess the role of Anglo American acting as a moral agent in its mining projects. 12
B. Analyse the development of mechanisms for achieving employee involvement and empowerment, how well does Anglo American operate ethically? 13
TASK 4 16
BE ABLE TO ASSESS A CURRENT ETHICAL ISSUE IN A BUSINESS 16
A. Research a current ethical issue affecting a selected business. 16
B. Report on how the business could improve ethics of their operations whilst meeting objectives and ensuring good employer/employee relationships. 18
C. Design a suitable ethical code for Anglo American. 19
REFERENCE 21
TASK 1
UNDERSTANDING DIFFERENT ETHICAL PERSPECTIVES IN BUSINESS
A. Explain the background and development of theoretical ethical approaches in Business
Business ethics comprises the principles and standards that guide behaviour in the world of business. Investors, employees, customers, interest groups, the legal system and the community often determine whether a specific action is right or wrong, ethical or unethical (Ferrell and Fraedrich, 2009). It is very important to understand
UNIT 45: BUSINESS ETHICS
(M/601/07961024)
A REPORT ON BUSINESS ETHICS OF ANGLO AMERICAN
Submitted by:
PURNA BARNI THAPA
ID: W0105570912
Submitted to:
RAMJI POUDEL
APRIL 2014
Table of Contents
TASK 1 3
UNDERSTANDING DIFFERENT ETHICAL PERSPECTIVES IN BUSINESS 3
A. Explain the background and development of theoretical ethical approaches in Business 3
B. compare and contrast absolute and relative ethics in relation to Anglo American 5
C. Explain the ethical issues which can affect the operational activities of a company such as Anglo American 6
TASK 2 8
UNDERSTAND BUSINESS OBJECTIVES FROM AN ETHICAL PERSPECTIVE 8
A. Explain how business objectives of Anglo American are affected by ethical considerations 8
B. Evaluate the implications to Anglo American and its stakeholders to operate ethically 10
TASK 3 11
UNDERSTAND ETHICS IN WORKPLACE RELATIONSHIPS 11
A. Assess the role of Anglo American acting as a moral agent in its mining projects. 12
B. Analyse the development of mechanisms for achieving employee involvement and empowerment, how well does Anglo American operate ethically? 13
TASK 4 16
BE ABLE TO ASSESS A CURRENT ETHICAL ISSUE IN A BUSINESS 16
A. Research a current ethical issue affecting a selected business. 16
B. Report on how the business could improve ethics of their operations whilst meeting objectives and ensuring good employer/employee relationships. 18
C. Design a suitable ethical code for Anglo American. 19
REFERENCE 21
TASK 1
UNDERSTANDING DIFFERENT ETHICAL PERSPECTIVES IN BUSINESS
A. Explain the background and development of theoretical ethical approaches in Business
Business ethics comprises the principles and standards that guide behaviour in the world of business. Investors, employees, customers, interest groups, the legal system and the community often determine whether a specific action is right or wrong, ethical or unethical (Ferrell and Fraedrich, 2009). It is very important to understand