A Business Ethical Duty: Social Responsibility Joe McClendon Western Governors University A community business has a social responsibility to its local community‚ its employees have an ethical duty their employer‚ and management has business responsibility to act in the best interest of stakeholders. Company Q is a small local grocery store chain located in a major metropolitan area. The company is struggling internally with ethical integrity and social responsibility. Company Q’s ethical
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make additional acquisitions‚ support its $30 billion debt‚ as well as allow executives to cash in on their stock options. The final reason why people participate in unethical behavior is because the company culture puts the bottom line ahead of ethical behavior. This is exactly what happened at Enron. Enron had a program called “rank and yank.” In the “rank and yank” process your performance is evaluated yearly and if you are ranked the 15-20 percent lowest ranking employees you are let go or encouraged
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be discussing Business Ethics and Corporate Social Responsibility (CSR) using Anglo-American and Primark case studies as examples. First‚ I will discuss what is meant by ethical business behavior. Second‚ I will discuss how Anglo-American and Primark apply ethics into their business practices. Third‚ I will discuss what the costs and benefits are to an organization when they behave ethically. Finally‚ I will choose one component from Svennson & Woods’ model from “A Model of Business Ethics”‚ and
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The following case study is a moral dilemma in which a doctor must chose a course of action with respect to patient’s case. In this case‚ the doctor must consider the morality‚ criminality‚ and ethical implications of killing‚ abortion‚ farmed organs‚ and allowing a patient suffer when there is a cure. Then and only then‚ can the doctor to determine what actions are morally permissible and allow to make an informed and proper decision as to what course of action he should take. The case study reveals
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Professor Freund English 101 25 November 2014 Animal testing; an ethical dilemma We‚ as humans‚ have made abundant developments in the world. The human population have securely recognized the scientific advancement‚ but in doing so‚ it seems that our ideas and morals have miscarried to progress as well. The realization we have developed is extraordinary‚ but with it comes obligation to use it wisely and ethically. For some‚ torment and heartlessly kill creatures that the unpleasantly consider lesser
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disadvantages to the business face when they try to behave in an ethical way? With the development of the global economy‚ business companies are facing many business challenges in the age full of competition. And business challenges will produce some different values‚ such as child labor‚ human rights‚ hours and wages and environmental laws (Luminita and Constantin‚2006). Therefore‚ business companies need to pay more attention to the business ethics. What is more‚ ethical business is study of
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Is Business Bluffing Ethical? When people doing business‚ they may use different ethical standards other than what we use in daily life. The majority businessmen manage their business legally; however‚ not all legal business is ethical. I do not think that business bluffing is ethical. I will provide three arguments in following paragraphs which are based on theories of groupthink‚ consequentialist and duties to support my position. First of all‚ according to the theory of duties
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Analysis of an Ethical Dilemma‚ Part 2: Spiritual Leader Interview Paula J. Mangus Grand Canyon University NRS-437V May 9‚ 2015 Interview Questions and Answers 1. What religious organization are you affiliated with? I am an ordained minister with the Centers for Spiritual Living out of Colorado. I have the title of “Reverend” but use “Pastor” because I take care of the spiritual needs of other people‚ whatever that may be. 2. How long have you been a pastor? 11 years 3. How do you
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Individuals who are engaged in international business transactions have reported a cultural component to ethics. You are working on opening a branch of a food distribution operation in a foreign country‚ and a local official suggests that a little cash would help your company get started. Research international business and ethical standards‚ and answer the following questions: Q 1. In what ways can culture affect ethical standards and shape business behavior? A. In a way that some countries ethics
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Ethical business practices A Cadbury Schweppes case study Page 1: The importance of ethics in business Ethics concern an individual’s moral judgements about right and wrong. Decisions taken within an organisation may be made by individuals or groups‚ but whoever makes them will be influenced by the culture of the company. The decision to behave ethically is a moral one; employees must decide what they think is the right course of action. This may involve rejecting the route that would lead to
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