Ethics in Business BUS670: Legal Environment Instructor: Leah Westerman November 25‚ 2013 Introduction Ethics means different things to different people‚ but basically it is all about being wrong and right. In business making ethical decisions should always be considered first‚ as well as the law. Culture is important within any company. It involves your perception of attitudes‚ values‚ and standards of conduct within a business. Ethical situations arise every day in business
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Summary Case : “Ethics : A Basic Framework” Business ethics are basic moral principles that guide both people and companies behaviour in business world. Ethics in business are important because it has important implication for company’s function as an organization‚ ability to manage risk‚ and company reputation in marketplace. Ethcis become important in make company reputation because market participants are often make ethcial judgement about the company and some will even be rewarded or punished
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Research Ethics Grace N. Lockhart RES/351 March 20‚ 2012 Mr. Charles McMahon Research Ethics Webster’s Dictionary defines ethics as “a set of moral principles: a theory or system of moral values.” (Merriam-Webster‚ Incorporated‚ 2011). Every person has ethics that he or she lives by‚ but sometimes in the business world many unethical business transactions occur. People do not realize that sometimes the statistics that he or she are fed have been falsified in order to get him or her to
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Do most companies have an obligation to create and enforce a code of ethics? Explain why or why not. What are some specific code of ethics mentioned in the text and readings? Most companies are not obligated to create and enforce a code of ethics but it is in the best interest of the company that they do. Companies are not obligated simply because it is up to them how they enforce rules of the company. According to the text “Most professional organizations have detailed codes of conduct that specify
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Week 2 Business Research Ethics RES / 351 February 4‚ 2013 Week 2 Business Research Ethics “It ’s not hard to make decisions when you know what your values are.” – Roy Disney (Nephew of Walt Disney) Ethics in business research set the standards in which researchers use to guide them; these standards build trust not just by the honesty of a researchers work but also in their integrity in the method that they use. Without ethics a researcher’s process could prove to have great ramifications
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Business Ethics Professor Sweet Spring 2013 3rd Essay Topics Read the instructions carefully! Due Date: Friday May 10th This semester we have studied several of the most important ethical theories. We have also looked at some specific issues that arise in business. For this last assignment‚ you will write an essay on one of the topics in Chapter 8‚ Chapter 10‚ or Chapter 14. In writing the essay you must demonstrate an understanding of the ethical theories we have studied. This means
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1. To define the term of the whistleblowing 2. To Discuss elements to execute whistleblowing 3. To present the case study related to whistleblowing 3 – (I) Gene G. James • The attempt of an employee or former employee of an organization to disclose what he or she believes to be wrongdoing in or by the organization. ― (II) Charles B. Fleddermann • Act by an employee of informing the public or higher management of unethical or illegal behavior by an employer or supervisor. 4
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Your Article Zin tDpks Shoftuts ConftctWhy an international code of business ethics would be good for business My XanEduJournal of Business Ethics; Dordrecht; Jan 1998; Larry R SmeltzerMarianne M Jennings Source (subtitle):JBE Volume:17 Issue:I Start Page:5766 ISSN:01674544 Subject Terms:International Business ethics Codes Culture Social life & customs Studies Culture Business ethics Classification Codes: 9180: International 2410: Social responsibility
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------------------------------------------------- Chapter 1—The Importance of Business Ethics MULTIPLE CHOICE 1. Principles are a. | laws and regulations that guide behavior in the world of business. | b. | mores‚ values‚ and customs that guide behavior in general. | c. | specific and pervasive boundaries for behavior that are universal and absolute. | d. | the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders. |
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1) Corporate Ethics - The broad area dealing with the way in which a company behaves towards‚ and conducts business with‚ its internal and external STAKEHOLDERS‚ including employees‚ investors‚ creditors‚ customers‚ and regulators. In certain national systems minimum standards are required or recommended in order to eliminate potential conflicts of interest or client/employee mistreatment. 2) Board of Directors (BOD) - An appointed or elected body or committee that has overall responsibility
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