PRACTICE OF BUSINESS ETHICS MMUI J131 • Rotua Veronika Ariester • Sarah Afifah • Samuel Krissandi • Ronald • Eldhie Sya’banni • Reffit Gustaroska ORGANIZATIONAL ETHICS DEFINITIONS Organizational Culture: The values‚ beliefs‚ and norms that all the employees of that organization share Value Chain: The key functional inputs that an organization provides in the transformation of raw materials into a delivered product or service ASTRA CREDIT COMPANIES Vision: Become
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-back-business§ http://www.cuttingedgepr.com/articles/corprep_important.asp§ http://www.brighthub.com/office/entrepreneurs/articles/115557.aspx§ http://smallbusiness.chron.com/effects-lack-ethics-business-environment-23332.html§ http://content.time.com/time/magazine/article/0‚9171‚2113176‚00.html§ http://www.thefreedictionary.com§ To a large extent‚ I agree with this statement. Many companies owners suggested that successful business depend on how profitable the business is‚ instead
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Definition for Business Ethics Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company. In the business world‚ the organization’s culture sets standards for determining the difference between good and bad decision making and behavior. In the most basic terms‚ a definition for business ethics boils down to knowing the difference between right and wrong and choosing to do what is right. The phrase ’business ethics’ can be
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Ethics and International Business: Finding the Lesser Evil At the beginning of this course it was made apparent that the class was not meant to be a monologue by the instructor but a discussion. From the numerous discussions held in class‚ I have come to the belief that ethics in international business was the most significant topic discussed in this course. Ethics in international business and the outsourcing of labor is a prevalent issue that affects not only the United States and our nation’s
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Why did relations between the soviet union and the US change in the years 1943-1956? The first reason is that Roosevelt’s death in April 1945 brought an end to any superficial unity that still existed at the end of World War 2 in 1943. Truman was now the American President‚ and relations between him and Stalin were deteriorating very quickly indeed‚ especially when Stalin was such a determined character and Truman was less willing to compromise‚ compared to Roosevelt. The second reason is
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Ethics in International Business The recent international events‚ with a major financial crisis all over the world‚ involve important questions about the relation between ethics and economics and the responsibilities of the economic market in relation to broader social and political concerns. The recent global financial crisis has recently existed with a lack of awareness on business ethics policies where unprofessional practices are performed on dangerous mortgage borrowers have occurred without
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and 10 1. When operating a business in the current environment‚ holding on to a promise to run an ethical business can be very challenging. 2. Globalization can be seen to have an upside and a downside. 3. All of the following are arguments advocates use to promote the downside of globalization‚ except: globalization brings unprecedented improvements in wealth and standards of living. 4. Which of the following is NOT an objective of departmental ethics training? Comparing the ethical
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Trident University Bruce W. Johns Module 1 Case Assignment ETH501 - Business Ethics Dr. Shondria Woods July 29‚ 2011 Should Bank of America refuse to process payments and do business with WikiLeaks? WikiLeaks a company of mystery and without scruples that will release information on anyone or anything that it thinks it may be able to discredit. In my belief ethics upon both WikiLeaks and Bank of America are scarred and will lead both to doing things that are unethical
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2 Purpose of the Report 2 A Snapshot of Nike’s Business Ethics 3 Ethical Dilemma’s Facing Nike 4 Nike’s Best Ethical Practices 7 Conclusion 8 References 9 Executive summary As globalization increases the scope of the Multinational Companies (MNCs) to penetrate the market both for cost effective labour and markets also has far reaching consequences. The question of business ethics and social responsibilities also extend to the suppliers‚ contractors
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The Importance of Business Ethics Business ethics is defined as the principles‚ values‚ and standards that guides behavior in the world of business. When a business is known for being honest it is more likely to become successful. Today‚ more and more companies are realizing the direct impact that good ethical behavior has on financial performance. A positive ethical culture within a business promotes employee commitment and trust‚ investor loyalty and trust‚ and customer satisfaction and
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