Unit 37 – Understanding Business Ethics Explain at least 3 general activities from an ethical viewpoint your chosen business needs to consider in its operational activities. Describe how the business is attempting to show its stakeholders that it is aware of the ethical concerns that apply. Corporate social responsibility (CSR) CSR is about how companies manage the business processes to produce an overall positive impact on society. Business ethics Business ethics is the accepted set of moral
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Understanding Business Ethics Introduction Over this task I will be choosing a business and providing brief background information on my select organisation. The company that I have chosen is in a controversial industry and has its fair share of pressure groups‚ none more so than Governments of several countries. My organisation is in a billion pound industry and in effect manufactures legalised poison. My selected business is Marlboro‚ an international billion pound company based in
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Uma Sakaew E-ON-MBS-o-0-FI Task 1a: Select an appropriate company‚ discuss and agree your choice with your tutor. I choose this company‚ because I can find many information about Coca-Coa which are usable for these tasks. It’s also an interesting company for me‚ because I want to know how this company became a multinational company. What are their mission to stay strong against the other competitors. In this report you read the story about Coc- Cola company‚ about the start the formula‚ the bottle
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Business Ethics – Unit 37 Task One Understand the meaning and importance of ethics in the business world Businesses have aims and objectives they wish to achieve to be successful. Operational activities are the things the business does to get there‚ however sometimes businesses make bad decisions that can upset staff‚ customers‚ local people‚ etc. this is why ethics is a very important aspect of business management. Objectives are set as stepping stones which are taken in order for the business
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1 Unit 37 Understand health and safety in the social care settings 1.1: You will find all the legislations under the health and safety at work act 1974 this act is the overall cover for health and safety at work. 1.2 + 1.3: We have regulations and guidelines with policies and procedures to follow to protect the client for example hear are just a view ways in which we must do this: Make the work place safe Provide adequate first aid facilities Always use protective clothing
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Unit 37 Assignment-Understanding Business Ethics Task 1-The meaning and importance of business ethics P1 Describe the ethical issues a business needs to consider in its operation activities Defining Business Ethics Business ethics can be defined as the accepted set of moral values and corporate standards of conduct in a business organization (business.lovetoknow.com) Ethical activities carried out by Vodafone One ethical activity that is carried out by Vodafone would be the introduction of its
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* Finance & Health * Marketing * Food Production * Environmental implications. Ethics: Finance & Health Finance is an essential part of Business. It is imperative to be ethical in this sector as it’s the area that handles the money‚ various ethical issues fall under this sector for example‚ unlawful conduct (bribery). Health is also a imperative part of business as a business needs to have a sanitary area for employees to work‚ it’s even more important for McDonalds as they
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Oziel Adrián Juárez Tamez A01035050 Business and Management III Alicia Romero Case Study Unit 37: Carl Hurst Balti Pies a) Calculate the contribution per batch of pies. A: Contribution = Selling Price – Variable Cost Contribution = 100(50p) - £20 Contribution = £50 - £20 Contribution = £30 b) How many batches would Carl need to produce in his first year of trading to break-even. A: Break-even output = Fixed costs/Contribution Break-even output = (£2‚500 + £500)/£30 Break-even
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group who are inquisitive and focused on business. It could be anyone such as an individual‚ bank‚ customer‚ and employee. They also include owners who are focused on how much money the business makes. P2: Marks and Spencer‚ Emaar: The main stake holders for Marks and Spencer are the owners‚ banks‚ suppliers and the customers. The stakeholders for Emaar are the suppliers‚ government‚ trade unions and the owners. The owner are people who own the business and hence they have a word in the final
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P1 Sam rostam Explain the effect of changes in the economic environment on a selected business Gross domestic product is one of the main gauges used to indicate the health of a republic’s economy. It signifies the entire pound cost of all properties and facilities created over a precise time period. Regularly‚ GDP is stated as a judgment to the last year. For instance‚ if the year-to-year Gross domestic product is increased by 3%‚ this is believed to mean
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