AIMST UNIVERSITY BUSINESS ETHICS Chapter 1 (Individual) NAME: LIM EU JIN (1000121) INTAKE: BATCH 8 SEMESTER: YEAR 2 SEMESTER 1 PROGRAMME: BSc. BUSINESS & MARKETING LECTURER: MR. R. RAVINDRAN BUSINESS ETHICS(CHAPTER 1) Short Answer Questions TELEOLOGICAL FRAMEWORKS 1. Compare and contrast the Ethical Egoism and Utilitarianism frameworks. Ethical Egoism‚ from the viewpoint of a business entity‚ maintains that companies should act strictly in line with their
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potential solutions to their employee problems. This is also dilemma for Wal-Mart because it is such a large employer and its decisions affect a great number of people. Wal-Mart employs over 1.4 million people in the United States alone‚ encompassing 1% of the U.S. work force. At the same time Wal-Mart wants to remain the low-cost leader in the grocery and box stores market. The conflicting forces that Wal-Mart must try to balance are maintaining their leadership aspect while maintaining healthy relationships
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Innovative Toys Inc. Case Analysis Innovative Toy is entering the infant toy market by distributing through supermarkets. It is important to analyze if our potential supermarket channel‚ Big Tiger‚ and Innovative Toys can find a place where there is a win-win situation and where both companies are pursuing the same objectives. It is important to analyze the pros and cons of spending the marketing budget on trade promotion or advertising. It is important to note that the success of Innovative toys
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Case 2-9 Phar-Mor I feel that one major flaw in the Phar-Mor company is the fact that Mickey Monus has full control of the company and could pull off such a giant fraud scam. This is a flawed system in management. There were no checks and balances to keep this fraud from happening. Mickey Monus had so much control of those under him that he convinced them to go along with the fraud. That everything would get better soon and they would not have to worry. The ones that did know about the fraud
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Ethics in Practice – Case Study Analysis Isobel Stevenson Peter‚ a 32 year old‚ suffered horrific injuries as the result of the collapse of a bridge over which he was driving his car. He has been classified as being in a persistent vegetative state for the past five years. Although Peter’s brain stem is still functioning‚ his heart is beating and he can breathe spontaneously‚ he is dependent on oral feeding for the continuation of his life. The doctors in charge of his case have come
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Pegasus Bribery Case Pegasus International Inc. is a leading manufacturer of integrated circuits (chips) and related software for such specialty markets as communications and mass storage‚ as well as PC-based audio‚ video‚ and multimedia. With a focus on innovation‚ Pegasus is committed to "technology leadership in the new millennium." Its long-standing strategy has been to anticipate changes in existing and emerging growth markets and to have hardware and software solutions ready before the market
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Chapter 1‚ “A Christian Ethic for Business” Explain briefly each of the three biblical concepts in Hill “that have a direct bearing on ethical decision-making” and are “repeatedly emphasized in the Bible.” The three biblical concepts in Hill that have a direct bearing on ethical decision making and are repeatedly emphasized in the bible are “God is Holy”‚ “God is Just” and “God loving”. All three are needed for equal measurement and all three contain a vital ethical ingredient “hill compares
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Toll Brothers‚ Inc. MEMORANDUM A request has been made in regards to the strategic management effort of Toll Brothers‚ Inc. current and future financial position by senior management. The report has several components starting with a Memorandum Introduction followed by an EFE Matrix‚ IFE Matrix‚ SWOT Matrix‚ Porter’s Five Competitive Forces‚ and the conclusion. Toll Brothers is a construction company that was founded in 1967 originally designed and built luxury homes in the suburbs of Philadelphia
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| Corporate Sustainability Management | Case Study Analysis: Nike‚ Inc. and Sweatshops | | | | | Ethics refer to what is defined as right or wrong in the morality of human beings and social issues are matters which could directly or indirectly affect a person or many members of a society. In this case study‚ Nike has been accused of subjecting employees in their subcontracted factories overseas to work in inhumane conditions for low wages. The CEO and cofounder of Nike lamented
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Bcor 120: Principles of management Safa Manai Group 8 Case application 1: Goodwill Industries International 1/ Goodwill industries international is a non-profit organization that uses surplus revenues to achieve its goals through planning to obtain more donations‚ organizing by preparing plans and deciding how and when to use them‚ leading by motivating employees and encouraging them to work hard and controlling by monitoring the progress of the organization‚ making corrections and being responsive
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