Bashyakar & Menon (2010). Building trust in organization. Global Management Review‚ Volume 4‚ Issue 2‚ pp. 27-32 This article shares observations on the importance of Trust in making business work well. It affirms that the corporate culture must be built on a set of eight values called OCTAPACE (Openness‚ Confrontation‚ Trust‚ Authenticity‚ Proactive‚ Autonomy‚ Collaboration and Experimenting) and that trust-based working relationships decide the success of a corporate. The authors also argue
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In his article‚ “An Aristotelean Approach to Business Ethics‚” Robert Solomon argues that business should be viewed from the Aristotle way. He discusses that this view is not something very new but something that originated back to the ancient times. “What the Aristotelean approach promises is not something novel and scientific but an approach that is very staid and established and above all very human.” This approach differs from other philosophies that we have learned in class because it incorporates
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Business Ethics is it a personal or social responsibility Business ethics represent all the principles and standards that guide behavior in the world of business. Therefore‚ all this set of principles applies in any of the fields of business (marketing‚ finance‚ etc…) and people inevitably face ethical decisions in their every day working lives. The aim is to make every employee adhere to these standards because obviously‚ it is more profitable for a company to be ethical in business. But‚ as
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The Impact and Influence of Business Ethics Ethics is a vital component of every business‚ and it is doubtful that a business will survive without having a strong stance and espoused value of ethical behavior. “There has to be two dimensions to leadership: performance and values” (O’Rourke‚ 2010‚ p. 61). In his discussion on business ethics O’Rourke (2010) also comments that every company should have a written statement of ethical behavior that encompasses all processes within the organization
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| Business Ethics Across Cultures Article Review | | Instructor | | 8/1/2010 | While researching business ethics across cultures‚ we discovered some of the same behaviors surrounding ethics in the United States is the same across the ocean. Outlined in this document will be the positive and negative side of business ethics. Explained will be the ethical perspective of corporate social responsibility and ethical conflicts. Corporate social responsibility (CSR) will show how a community
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chapter 1 BUSINESS ETHICS‚ THE CHANGING ENVIRONMENT‚ AND STAKEHOLDER MANAGEMENT |TOPICS COVERED | 1.1 Business Ethics and the Changing Environment 1.2 WHAT IS BUSINESS ETHICS? WHY DOES IT MATTER? 1.3 LEVELS OF BUSINESS ETHICS 1.4 FIVE MYTHS ABOUT BUSINESS ETHICS 1.5 WHY USE ETHICAL REASONING IN BUSINESS? 1.6 CAN BUSINESS ETHICS BE TAUGHT AND TRAINED
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Trip Winkel Finance 303 May‚ 27 2005 Dr. Namorato The Enron Scandal Enron was established in 1930 as Northern Natural Gas Company and joined with three other companies to undertake this industry. The four companies eventually began to break apart between 1941 and 1947 as a result of a public stock offering. In 1979‚ Northern Natural Gas was placed under new management when it was bought by InterNorth Inc. In 1985‚ Kenneth Lay‚ CEO of Houston Natural Gas Company devised a transaction
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Essay on: The business ethics climate in Latin America Written by Florian H. International Business Semester 2013 Course: Business Ethics The business ethics climate in Latin America A problem for international companies‚ taking Peru as an example! The Spanish saying: “El que no tranza no avanza.” (One that doesn`t act unethical will not proceed)‚ unfortunately describes best the prevailing immoral way of doing business in the Latin American
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Ethics in Business: Annotated Bibliography Band‚ David C.‚ and Charles M. Tustin. "Strategic downsizing." Management Decision Dec. 1995: 36+. Academic OneFile. Web. 12 Apr. 2014. This article discusses how corporations should aim to be responsible for more than just profit maximization. The author goes into the discussion of how downsizing a company violates the psychological and social contracts in the employer-employee relationship. The author seems to support the idea that employees should
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ETHICS IN BUSINESS RESEARCH Mian Umair Asghar Week 4 Global Institute DHA INTRODUCTION Ethics are norms or standards of behavior that guide moral choices about our behavior and our relationships with others. The goal is to ensure that no one is harmed or suffers adverse consequences from INTRODUCTION Begin data collection by explaining to the respondent the benefits expected from the research. Explain to the respondents that their rights and well-being will be adequately protected‚ and
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