Chapter Ten Business Ethics/ Social Responsibility/ Environmental Sustainability Chapter Objectives 1. Explain why good ethics is good business in strategic management. 2. Explain how firms can best ensure that their code of business ethics guides decision making instead of being ignored. 3. Explain why whistle-blowing is important to encourage in a firm. 4. Discuss the nature and role of corporate sustainability reports. 10-2 Chapter Objectives (cont.) 5. Discuss specific
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What is ethics? Ethics can be defined as a set of principles used by an individual to govern his or her decisions in an effort to ensure fairness and equality. Business ethics‚ as defined by the Stanford Encyclopedia of Philosophy is the applied ethics discipline that addresses the moral features of commercial activity. The same source also gives a history of business ethics which states that the concept as an academic principle is relatively young-only about forty years old; but in general is as
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1 BUSINESS ETHICS :: Introduction to Ethics • • • • • • Course format Overview of topics Mode of assessment Background to Ethics History of Business Ethics Role of Business Ethics Today Course Aims and Objectives The aim of this course is to give a basic understanding of the major theories of ethics - including deontology‚ utilitarianism and virtue theory - and their application in the relevant fields of business and information technology. One of the main course objectives is to encourage
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TESCO Corporation Business Ethics Policy Message from the President ............................................................... 1 Ethics and Business Conduct ............................................................. 2 Conflict of Interest and Other Misconduct ...................................... 4 International Business ........................................................................ 6 Corporate Information and Confidentiality .................................... 8 Employment
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BPMN3123 – MANAGEMENT ETHICS TUTORIAL 1 1. Advantages and disadvantages of ethics in business. [Apakah kebaikan dan keburukan mengamalkan etika dalam perniagaan?] Advantages Business ethics offer companies a competitive advantage. Consumers learn to trust ethical brands and remain loyal to them‚ even during difficult periods. In 1982‚ Johnson & Johnson spent over $100 million dollars recalling Tylenol‚ its best-selling product‚ after someone tampered with bottles of the painkiller. The
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BUSINESS ETHICS LEARNING PORTFOLIO 2011 This learning portfolio is a summary of my learning journey of Business ethics in last four months. It is a formal academic document prepared with diverse events that I have learned from all the resources in and around me. By writing and presenting this portfolio‚ I have achieved the unit outcomes of Business Ethics 657. Deepak Kuriacose Student ID: 14211825 Unit Coordinator: Dr .David Pick 23/05/2011 BUSINESS ETHICS: Portfolio Navigation
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Principles and Ideas of Business Ethics By: ************* BBA 4751-03C‚ Business Ethics Professor O’Connor Ethics play an increasingly important role in today’s business environment. From whistle-blowing to workplace privacy and from marketing‚ advertising and product safety to occupational health and safety‚ the conduct of business is the public eye more and more everyday. In this paper‚ I will examine and discuss the aforementioned topics. First‚ what are ethics? According to American
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Environmental Pollution Outline Jason D Windham SCI/256 November-26-2012 University Of Phoenix Environmental Pollution Outline Water management- developing various plans to maintain the present and future water demands. It also may include importing state water‚ developing new resources‚ using reclaimed water‚ and managing existing supplies more cautiously. Describe water management and use. Freshwater sources- Is water from the earth surface using glaciers‚ bogs‚ ice caps‚ ponds‚ lakes
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Business Ethics and Sustainability Ethics” are the regulations of actions recognized in respect to a particular set of human actions or a particular group‚ civilization‚ etc. In other words ‘Ethics rationalizes morality to produce ethical theory that can be applied to any situation’ (Crane and Matten 2010‚ p. 8). The imperatives of usual managerial performance are so compelling that there is little time or proclivity to deflect attention to the moral content of organizational decision-making
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doing this not only is the forest itself being destroyed‚ but the wildlife within it. Furthermore‚ in 1990 the EPA’s scientific research team stated that destruction of habitats‚ and species extinction are two of the four most critical global environmental issues (Biodiversity‚ 1999). As can be seen‚ companies who destroy the ecosystem for economic gain are creating irreversible problems that future laws cannot correct. To prevent further problems from occurring we must maintain all biodiversity
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