What would make business people behave more ethical? It seems unavoidable these days that it is all about dot com or tech company going through downsizing or layoff due to economy hard times‚ evolving business climate‚ product profitability and operation cost decision. Although corporate downsizing is an existing and accepted management tool but the morality is still in doubt. Sadly‚ most of the time it is unclear at the worker level why he or she is being terminated at an already profitable
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It is the responsibility of companies today to promote responsible business practices at every level of the company. Business should be conducted ethically and honestly. Companies should also foster environments that promote ethical conduct and comply with all requirements of the law that they fall under. This paper will examine the ethical practices of PharmaCARE. Stakeholders will be identified‚ and several scenarios will be evaluated and critiqued. Stakeholders PharmaCARE’s stakeholders
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Year 12 Religion Ethics and Morality Assignment Term 1 Ethical Issue: War Ethical Frameworks: Situation Ethics and Duty-Based Ethics Tom Parkin Class: reD Teacher: Mr Marendy If you ask anyone‚ they will give you their opinion‚ their view on war. Whether they believe its right‚ its wrong‚ or if they think it is all based on the situation at hand. Wars have been going on since the beginning and they are still going on today‚ but are they being fought for a
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Ethics of Profit‚ Part 3: The Profit Motive Posted March 29‚ 2011 Filed under: character‚ competition‚ corporations‚ decision-making‚ ethics‚ finance‚profits‚ white collar crime | This is the third in a 3-part series on the ethics of profit. (See also Part 1 and Part 2.) As mentioned in previous postings‚ we should distinguish between our ethical evaluation of profit per se (which‚ after all‚ just means financial “gain”)‚ and our ethical evaluation of the profit motive. After all‚ I don’t worry
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Ethics Paper: Ethics From Different Cultures Business ethics have an important role and becoming critical in the business world. It can be thought of as written and unwritten codes of values that help us make decisions and actions within a company. In the most basic terms‚ the definition for business ethics are determining what is right or wrong and choosing to do the right things. With the process of globalization‚ workplaces are becoming more diverse than ever before. Therefore
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Business ethics and corporate social responsibility have become an increasing area of focus for organizations today. However‚ this has not always been the case in the American business environment. Chapter three "Conducting Business Ethically and Responsibly" (R.W. Griffin & R.J. Ebert‚ p.56 - p.87) concentrates on the development of ethical codes of conduct as it relates to business. The chapter also focuses on the social responsibility an organization holds in relation to everyday decision making
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Ethics and Morality Marian Agbabokha Walden University Last week’s foundation course‚ exposed me to a lot of issues regarding my profession as an election officer‚ it gave me food for thought. As a scholar and student of public policy and administration‚ what kind of responsibilities will this course place in my care‚ based on the information I would have gathered and assimilated‚ that I would have to pass on to those in my work place
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ROLE OF ETHICS IN BUSINESS: Ethics Defined: Ethics are principles based on doing the right thing. They are the moral values by which an individual or business operates. In theory‚ a business or individual can act ethically and still attain ultimate success. A history of doing the right thing can be used as a selling point to heighten a person’s or organization’s reputation in the community. Not only are ethics morally valued‚ they are backed by legal repercussions for failure to act within certain
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give up on ethics Self-interest sometimes morphs into greed and selfishness‚ which is unchecked self-interest at the expense of someone else. This greed becomes a kind of accumulation fever. “If you accumulate for the sake of accumulation‚ accumulation becomes the end‚ and if accumulation is the end‚ there’s no place to stop‚” he said. The focus shifts from the long-term to the short-term‚ with a big emphasis on profit maximization. For example‚ swaps (where two communication companies agree to
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What is corporate social responsibility (CSR)? According to the ¡®Wikipedia¡¯ ‚ ¡°Corporate social responsibility (CSR) is a company s obligation to be accountable to all of its stakeholders in all its operations and activities with the aim of achieving sustainable development not only in the economical dimension but also in the social and environmental dimensions.¡±(en.wikipedia.org/wiki/Corporate_social_responsibility retrieved:10/09/07); another definition is that ¡°CSR is about how companies
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