References: C., O., John Fraedrich, and Linda Ferrell. Business Ethics: Ethical Decision Making and Cases. South-Western Pub, 2010. Print…
Fraedrich, J., Ferrell, L., & Ferrell, O. (n.d.). Instructor’s Resource Manual Business Ethics Ethical Decision Making and Cases NINTH EDITION. Retrieved April 27, 2015, from http://lilianchaves.net/data/documents/chapter-6-study-guide.pdf…
This paper will obtain information about a researched issue that deals with business ethics. The paper will include a summary of the Article and issue. This paper will also touch on the following topics, what seems to be the basis of the issue, what ethical change, deficiency, or conflict brought it about, and how did the organizational leadership come into play. The paper will conclude by proposing a plan for revising the ethical standards and communication of these standards in order to resolve the ethical issue. “Chalace Epley Lowry started working at Wal-Mart Stores (WMT) as an administrative assistant in the communications department, on Jan. 2 of the year 2008; she went through a day-long orientation with a heavy emphasis on ethics. Chalace stated that, "We were told that even if we see something that has the appearance of something unethical we should report it”.…
Ethics plays a huge role in business as it keeps businesses and employees honest, promotes accuracy, and protects those who could otherwise be hurt by someone else’s scheming. In order to protect ethics, sometimes transparency is needed to help those tempted to commit fraudulent acts. The Bible states, “Better is the poor that walketh in his integrity, than he that is perverse in his lips, and is a fool” (Proverbs 19:1). The…
The economic activity in these colonies, influenced the type of social structure established. In the southern colonies, the plantation owners were the top tier followed by the middle class farmers, indentured servants and finally the black slaves. Due to the economic activity in the south, slavery was essential and contributed to much of the population. However, in the northern colonies, due to the lack need for labor, slavery wasn’t as popular. Another significant difference between these two regions is that when people moved to the northern colonies they came in communities or families.…
With all that is happening throughout the world in general and the economic crisis that is engulfing our nation in particular, this paper has provided me the opportunity to reflect on my ethics. Values and ethics are a part of our everyday lives. We wake up to these values and beliefs each day as they are the “rules” that govern us. Ethics is not just about morality; it is a complex dimension of personal and corporate life that can lead to higher performance by both business and society. All of us, especially those in the business world, need to make immediate decisions. The choices we make need to be driven by our ethics.…
Fok, L., Hartman, S., & Kwong, K. (2005, Winter). A study of differences in business ethical…
There are times in life, whether it be in business or from a personal aspect, where a person has to make a crucial decision. Ethics play a major role in decision making for many people and many companies. The cost of not making ethical choices has caused many companies lost in sales, profits, reputation, and customer base. Sometimes, making hasty, unethical decisions seem good for the short term solutions; however, when carefully thought out, it is always best to make the right decision, one that is morally correct, rather than fiscally savvy.…
In the poem “Icarus,” Christine Hemp uses literary devices to convey that a father-son relationship can be problematic. Hemp pulls a twist on the original myth, and retells it in Icarus’ point of view. Her version of the myth shows that Icarus wasn’t very fond of his father Daedalus; however Daedalus didn’t realize that Icarus wanted to be free. “bound by the string…for years to untie TO I didn’t know…to return” (#14 and 15 TO 16 and 17) This quote portrays the emotion Icarus feels towards his father by the use of irony. At this point, the reader understands that Icarus had to deal with Daedalus with only the hope of exiting the prison, but once free he longs to be away from his father. Christine Hemp threw a new strand of emotion into the mix by showing that Icarus wanted to be free; as doing so, he caused a catastrophe. “Poor Daedalus, his mouth an O below, his hands outstretched to catch the rain…” (#18 and 19) This excerpt shows diction, which illustrates Daedalus’ innocence with the words ‘poor’ and ‘O below’. Hemp also tried to show the difference between Icarus and Daedalus by using asyndeton. “my clumsiness with figures, father’s calm impatience, cool logic, interminable devising.” (#8 and 9) This shows Icarus’ reasons as to why he doesn’t like Daedalus, and why he tries to be better than his father. Since Daedalus is clueless, he couldn’t prevent Icarus’ death; now the reader can infer that Daedalus will have a life of sorrow and regret, without knowing the truth. Hemp’s use of the devices diction, irony, and asyndeton help the reader further understand the myth in a way the original myth couldn’t.…
Ethical thinking involves the intricate process used to consider the impact of our actions on the individuals or institution we serve. While most decisions are routine, we can unexpectedly face an ethical dilemma when unusual situations occur suddenly for which an immediate response is needed. The foundation of ethical decision-making involves choice and balance, it is a guide to discard bad choices in favor of good ones. No matter the size of a company, unethical behavior can cripple the company's ability to attract customers, be approved for credit or maintain business partnerships. Different organizations and jobs may have different ethical issues arise and require a set standard of ethics.…
Cited: Donaldson, Thomas, Patricia H. Werhane, and Margaret Cording. Ethical Issues in Business. 7th ed. Upper Saddle Rivery: Pearson Education, Inc, 2002.…
Stephen L. Carter links integrity and honesty. There are three constraints discussed in this essay. First, integrity does require a degree of moral reflectiveness. Second, Integrity may cause conflict that is must be resolved. It does not necessarily produce or protect interpersonal harmony. Third, a person who has integrity can be trusted. It does not avoid the restructuring of social structures and associations, because it leaves the matter to exercise of interpersonal authority.…
This article researches and identifies the gap between the theory and practice of business ethics. The author identifies the lack of practice of ethical decision making within the organization and provides what he believes to be one solution to bring ethics back into the business process.…
Ford R.C and Richardson W.D 1994, ethical decision making: a review of the empirical literature. Journal of business ethics, 13:205-21…
It is important to understand why ethical decisions are made in business and what, if any, factors can influence the processes/procedures and ultimately the consequences of these decisions (Crane and Matten, 2010). All business activities involve some sort of decision-making but how people integrate ethics in that process varies from person to person.…