Review In the article “Business Meta-Ethics: An Analysis of two theories” written by “F. Neil Brandy and Craig P. Dunn” he has examined the two popular theories of ethics viz. traditional ethical theory (utilitarianism and deontological) and a recent model (consisting of utility‚ rights‚ justice). The writer differentiates and supports the traditional ethical theory by giving facts and practical examples. The writer starts the article by saying that presenting an ethical theory is impulsive. But‚ no
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A business cannot claim to be ethical firm if it ignores unethical practices by its suppliers – e.g. * Use of child labour and forced labour * Production in sweatshops * Violation of the basic rights of workers * Ignoring health‚ safety and environmental standards An ethical business has to be concerned with the behaviour of all businesses that operate in the supply chain – i.e. * Suppliers * Contractors * Distributors * Sales agents The two articles below
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to answer concerning business ethics in education. 1. To what extent can business education cause or prevent ethical infractions in business? Give arguments for and against. 2. Given the importance of situational factors in shaping ethical decision-making‚ what are the limitations posed by business ethics courses that focus on individual students? How would you design a course to focus primarily on situational issues? 3. What are the main factors encouraging business ethics education‚ and what
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Overview of the Business: ABC Learning Ltd was an Australian provider of early child hood education services‚ founded in Queensland in 1988‚ that through its 18 centres was the largest single operator of early childhood education services in Australia by 1997. Led by founder Eddy Groves‚ ABC Learning Ltd continued to grow‚ through the opening of new centres and the acquisitions of rivals i.e. peppercorn Childcare in 2004 in which 450 centres were purchased for $340 million. “By 2008‚ ABC Learning
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Timeline of Motivation theories 1911 Frederick Taylor’s scientific management Taylor first published his work‚ the Principles of Scientific Management. In his study he described how to apply scientific methods to the management of workers which could improve productivity. Scientific management methods suggests how to optimize the way tasks were performed and shortening the work so that the employees can be trained to perform to their very best. 1943 Abraham Maslow’s Hierarchy of needs
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The current issue and full text archive of this journal is available at www.emeraldinsight.com/1056-9219.htm IJCOMA 18‚4 Employee motivation: a Malaysian perspective Rafikul Islam and Ahmad Zaki Hj. Ismail Department of Business Administration‚ International Islamic University Malaysia‚ Kuala Lumpur‚ Malaysia Abstract Purpose – The purpose of this paper is to identify the motivating factors of employees working in various Malaysian organizations. Design/methodology/approach – A survey method
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Motivation is the willingness to exert high levels of effort to organizational goals‚ conditioned by the effort’s ability to satisfy some individual need. This need is the internal state that makes certain outcomes appear attractive. Motivation is also the process that account for an individual’s intensity‚ direction‚ and persistence of effort toward attaining a goal. The concept of motivation refers to internal factors that impel action and to external factors that can act as inducements to action
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Nowadays‚ besides the income‚ motivation is one of the best ways to keep people more productive during their work. Each person might have a different goal as long as they know how to achieve it. According to Williams and McWilliams (2010)‚ ‘motivation is the set of forces that initiates‚ directs and makes people persist in their efforts to accomplish a goal’. In other words‚ motivation can become the factor that encourages someone to persist on their stance in order to achieve their goal. It depends
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Motivation can be a key-contributing factor in employee performance. It is of great importance to an organization to recognize ways in which it can use employee motivation to positively affect employee performance. The methods used by organizations to motivate its employees are essential in determining how they affect employee performance. There are both positive and negative motivational tools that may be explored. The purpose of this paper is to examine the relationship between motivation and
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Motivation theories can be classified broadly into two different perspectives: Content and Process theories. Content Theories deal with “what” motivates people and it is concerned with individual needs and goals. Maslow‚ Alderfer‚ Herzberg and McCelland studied motivation from a “content” perspective. Process Theories deal with the “process” of motivation and is concerned with “how” motivation occurs. Vroom‚ Porter & Lawler‚ Adams and Locke studied motivation from a “process” perspective. Process
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