success by the values and ethics he or she believes to be true. The personal values of each person guide professional behavior with such actions as integrity and honesty. Ethics are the morale standards each person obtains throughout life‚ which are used during the decision-making process. Together they allow professionals to make choices‚ have consequences‚ and create outcomes for success or failure. Definition and three examples of professional values The professional values in this type of
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main goal of any business is profit maximization. The best way to do that is through hiring capable managers that possess the motivation to manage as wells as the technical‚ human and conceptual skills that would enable them to efficiently and effectively perform the four main management functions: planning‚ organizing‚ leading and controlling. A perfect example of a top manager that possesses these traits is Robert A. Iger‚ CEO and Chairman of Walt Disney Company. According to Orin C. Smith‚ Independent
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Stephanie P. Bognot PRINMAN McDonald’s Code of Ethics for Employees The code of ethics that McDonald’s employees are expected to abide by is covered in the corporation’s Standards of Business Conduct document. Each year‚ all employees must sign a document certifying that they’ve read the document and will follow its precepts. Employees also attend training related to the ethical standards. The document is 40-plus pages and covers six themes. 1. Obligations to Customers McDonald’s fosters an ethical
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Massey Energy and its managers? The stakeholders include everyone from Don Blankenship all the way down to the employees who were treated badly by Massey and their higher ups. Don Blankenship had a few more benefits than costs in regards to his company. He accrued $129 million over his 10 year stint as CEO of Massey Energy while also maintaining a power over others beneath him. He cost himself his reputation within his community and his employees. Massey’s employees barely had any benefits other
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McCluskey et al. cite the following benefits of mentoring: 1. Meaningful connections (i.e.‚ time‚ support‚ and direction) for vulnerable children and youth. 2. Hands-on training for pre-service teachers. 3. Professional development opportunities for pre-service and in-service teachers‚ as well as for community and agency partners. (2004). A lack of trusting relationships in schools impairs learning and forces students to concentrate on self-preservation. One study investigated how cultivating
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Enron‚ Ethics And Today’s Corporate Values Enron’s heyday has long ended. But its lessons will long endure. The global business community is now watching a painful new chapter is this saga — one where its former high-riding chief executive officer‚ Jeff Skilling‚ is getting a decade shaved off of his prison term that should now end in 2017. Enron: The Smartest Guys in the Room (Photo credit: Wikipedia) The company’s failure in 2001 represents the biggest business bankruptcy ever while also spotlighting
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Nussbaum: “Not for Profit: Why Democracy Needs the Humanities” Martha C. Nussbaum is the author of the book‚ “Not For Profit: Why Democracy Needs the Humanities.” The book begins by drawing the reader’s attention by explaining the “Silent Crisis.” She describes education in the eyes of the government‚ and in the eyes of the people. There is a connection made between education and the liberal arts. The title of the book‚ “Not For Profit‚” are three simple words that when put together‚ have a deep meaning
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Paris. Within 2 years‚ he registered his own company as “La Societe Franeaise des Teintures inoffensives pour Cheveux”‚ which soon became L’Oreal. In 1920‚ the company employed 3 chemists in the laboratory. At the end of the year‚ there were 40000 hair salons in France and L’Oreal new products which are O ’Cap‚ Imédia Liquide‚ and Coloral gained the most market share. In 1928‚ L’Oreal developed its diversification strategy by purchasing the soap company Monsavon. L’Oreal started its business with
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which ever foundation they are currently doing. By not hesitating‚ I feel that is what my moral worth is. The virtuous qualities that are most important to possess is the virtue of kindness. At a young age‚ children should be taught kindness so they have the principle of respect when they grow up and to learn to appreciate kindness. Learning to enjoy being morally good will teach anyone good character. The worst ethical vices are pride‚ greed‚ lust‚ wrath‚ gluttony‚ and envy. For pride and envy‚
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The SWOT of Non Profit and For Profit By Shelley Coulter Submitted: May 20‚ 2013 Instructor: Olivia Kerr PHI445: Personal & Organizational Ethics (BIJ1316A) Thesis: Believing in who you are and what your purpose in life‚ sets the standards on which you live. Shelley Coulter Introduction The highest ranking professions involve helping people. Among the lowest ranking occupations are those associated with the not profit and for profit organizations. The Mesopotamian Code
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