Business Environment Business Environment TABLE OF CONTENTS INTRODUCTION: EXECUTIVE SUMMARY 3 RATIONALE OF THE PROJECT 3 MAIN OBJECTIVE: 3 METHODOLOGY 3 THE ENRON STORY: BRIEF 4 HOW AND WHAT TYPE OF FRAUDS WERE COMMITTED? 5 THE ROLE OF STOCK OPTIONS 5 THE USE OF OFF-BALANCE SHEET PARTNERSHIPS 5 Example: LJM 5 Chewco 6 LOBBYING 6 ACCOUNTING PRACTICES 6 DIFFERENT ETHICAL DIMENSIONS 7 SOCIAL DIMENSION 8 AFFECTS ON EMPLOYEES AND SHAREHOLDERS 8 ENRON INDIA 8 AGGRESSIVE
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consequences (teleological ethics): Practical and already underlines business thinking. But difficult to evaluate all consequences‚ right of minorities can be sacrificed./Focus on duties‚ obligations‚ principles (deontological ethics): The means matter more than the ends‚ Decisions based on abstract universal principles such as honesty‚ fairness‚ rights. One person’s rights lead to another’s duty‚ Natural rights are inherent‚ universal‚ and inalienable/Focus on virtue (aretaic ethics): The assumption is
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SCHEME OF EXAMINATIONS FOR BBA (INDUSTRY INTEGRATED) PROGRAMME w.e.f. SESSION 2009-2010 (Under Public Private Parternership Scheme) FIRST YEAR 1st Semester Title of the Paper(s) Business Organization Business Communication Skills - Workshop Business Mathematics Computer Fundamentals and Applications Economic Policy and Analysis Financial Accounting Environment Management External Marks (Theory) 70 50 70 50 70 70 70 Internal Assessment Marks 30 50 30 30 30 30 Practical Marks 50 Total Marks 100 100
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May 2‚ 2013 1/ What is ethics? What are some common ethical types? Why do business people need it? Can ethics be taught to people? Ethics is a study of morality‚ stems from the ancient Greek “ethos” meaning custom or habit. It is a study of theories concerning what is good and evil in human conduct. There is no particular set of laws defining what is ethical and what is not‚ because there is no right or wrong answer. The second sense of ethics speak of “codes of ethics”‚ which are a set of rules
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Eva Evaluation of a Business Code of Ethics PHL/323 Evaluation of a Business Code of Ethics Every so often the code of conduct varies from one organization to another. Generally‚ the assorted of principles accomplishes similar outcome‚ trust. A trustworthiness rapport established by employees‚ officers‚ and directors.
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Ethics and social responsibility can be seen as the moral obligation of advertisers not to violate our basic economic assumptions even when there is no legal obligation. (2570 words) Violating our basic economic assumptions happens in advertising everyday and consumers are well aware of it but it doesn’t mean they are not influenced by it. This essay focuses on the reasons why some companies have chosen to improve ethics and social responsibility to further improve its image as a reputable company
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Business Ethics (BUS 560) Module 2 Check Your Understanding: 1. Consider the functional departments reviewed in chapter 3. Which department do you think faces the greatest number of ethical challenges? Why? I think human resource department faces the maximum number of ethical challenges. The human resources function within an organization should ideally be directly involved in the relationship between the company and the employee throughout that employee’s contract with the company.
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The Business ethic of KFC and McDonald TABLE OF CONTENTS The Business ethic of KFC and McDonald 1 Executive Summary 3 1 Introduction 3 2 Comparation of KFC and McDonald’s practices 4 3 Application of 4 relevant ethical theories 6 3.1 The utilitarian approach 6 3.2 The rights ethical approach 7 3.3 The Justice ethical approach 7 3.4 The virtue approach
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Building the Foundation for Business Ethics OMM/640 October 2‚ y Dr. Andree Swanson Building the Foundation for Business Ethics At the foundation of a successful business is ethics. This can be difficult to understand. Several models of business ethics have been created to help understand and measure a firm’s ethics (Ferrell‚ Fraedrich‚ & Ferrell‚ 2013). Two of these models are six sigma and balanced scorecard. This examination will explore these two models. Six Sigma Six sigma allows firms
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Business & Professional Ethics Notes Chapter 5: Corporate Ethical Governance & Accountability Modern Governance & Accountability Framework- To Shareholders & Other Stakeholders New Expectations- New Framework to Restore Credibility • A corporation’s reputation could be significantly affected by irritated stakeholders • Enron‚ Arthur Andersen‚ and WorldCom debacles showed the world the faults and vulnerabilities inherent in the old style shareholder-only governance and accountability model •
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