Business Ethics – Assignment 1 1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse‚ but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model‚ the sales representative is not sure that the subsequent
Premium Sales Ethics Drinking culture
Business ethics is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large‚ but also to their one-on-one dealings with a single customer. Examples: What would you do? You are in a head-to-head battle with your arch competitor‚ Evil Enterprises. One of your co-workers approaches you. He has recently joined your company after having worked for a second
Premium Business ethics Ethics Applied ethics
1. Describe the need for ethical theories. (3) Ans. Ethical theories represent the grand ideas on which guiding principles are based. They attempt to be coherent and systematic‚ striving to answer the fundamental practical ethical questions: 1.What ought I do? 2. How ought I to live? Ethical theories are needed for a number of purposes. They are the foundations of ethical analysis because they are the viewpoints from which guidance can be obtained along the pathway to a decision. The aim of ethical
Premium Ethics
Class Discussion Week 2 Chapter 3 Case Study: Read the case study described at the end of Chapter 3 “Pirates of Globalization” (p.112) and for the class discussion think about discussing your thoughts to the following questions as listed in the case. 1. What actions can companies and governments take to ensure that products cannot be easily pirated? Be specific. 2. Do you think that the international business community is being too lax about the abuse of intellectual property rights? Are
Premium Fidel Castro Cuba
Being a multinational supplier of genetically modified seeds‚ Monsanto posses severe economic impacts in the international marketplace. Originally‚ the Bt Cotton seeds should have produced positive externalities upon the Indian economy‚ however‚ the enforcement of the biological patent disables the economy from reaching the potential positive effects. Initially‚ the purpose of the genetically modified cotton seeds were to substantially increase the production of cotton. Higher crop yields would have
Premium Agriculture Economics Genetically modified organism
the company and in the following part‚ we will indicate more on the ethical and unethical issues with the example of Sanlu Group. 1.2 Ethical and unethical issues Business ethics is defined as the study of moral and social responsibility in relation to business practices and decision-making in business. In other word‚ ethics is conforming to the standards of behavior that widely accepted by the social. Ethical behavior can base on three areas in making managerial decision. First‚ choose about
Premium Milk Dairy product Melamine
Business Ethics and Customer Satisfaction Issues & Challenges All of us would have heard an old saying “It’s all fair in Love‚ War & Business”. I am not sure about love and war but not everything is fair in business as today’s civilization is sensitized and present to how the business is conducted. All big business houses today have an ethical code of conduct or value system in place which guides them on how to function or how to take business decisions which confirms to their ethical code of
Premium Ethics Business ethics
Cited: "Ponzi" Schemes." U.S. Securities and Exchange Commission | Homepage. SEC‚ n.d. Web. 31 Oct. 2012. . Jennings‚ Marianne. Business ethics: case studies and selected readings. 7th ed. Cincinnati: West Educational Pub.‚ 2012. Print.
Premium Ponzi scheme Bernard Madoff Fraud
RESEARCH STUDY 1. INTRODUCTION Chapter one introduces the research which focuses on contribution of youth in Botswana economy; case of junior secondary school students who did not make it to senior secondary school. The research covers; background information‚ statement of the problem‚ research objectives‚ research questions‚ purpose of the study‚ significance of the study‚ limitation and delimitation‚ definition of terms and conclusion. 1.2 BACKGROUND INFORMATION The study has
Premium Research
Ethics Question: Some argue that aggressively investing in emerging economies is not only economically beneficial‚ but also highly ethical because it may potentially lift many people out of poverty. However‚ others caution that in the absence of reasonable hopes of decent profits‚ rushing to emerging economies is reckless. How would you participate in this debate? As a free-market economic skeptic‚ prior to my readings‚ I felt that investing in emerging markets is more self serving and exploitative
Premium Investment Developed country