chapter 1 BUSINESS ETHICS‚ THE CHANGING ENVIRONMENT‚ AND STAKEHOLDER MANAGEMENT |TOPICS COVERED | 1.1 Business Ethics and the Changing Environment 1.2 WHAT IS BUSINESS ETHICS? WHY DOES IT MATTER? 1.3 LEVELS OF BUSINESS ETHICS 1.4 FIVE MYTHS ABOUT BUSINESS ETHICS 1.5 WHY USE ETHICAL REASONING IN BUSINESS? 1.6 CAN BUSINESS ETHICS BE TAUGHT AND TRAINED
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determine what is “foreseeable” or “reasonable” • Ethics‚ Law‚ and CSR o Ethics: study of right and wrong behavior o Business ethics: study of right and wrong behavior in the business world o Moral minimum: the minimum acceptable standard for ethical business behavior‚ normally considered compliance with the law o Corporate Social Responsibility (CSR): the idea that corporations should be accountable to society for their actions • 3 Approaches to Ethics o Duty-based: What are the relevant rules?
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Business & Professional Ethics Notes Chapter 5: Corporate Ethical Governance & Accountability Modern Governance & Accountability Framework- To Shareholders & Other Stakeholders New Expectations- New Framework to Restore Credibility • A corporation’s reputation could be significantly affected by irritated stakeholders • Enron‚ Arthur Andersen‚ and WorldCom debacles showed the world the faults and vulnerabilities inherent in the old style shareholder-only governance and accountability model •
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country to another around the world you need to understand that as you change the culture you are surrounded by‚ the business and personal ethics also tend to change as well. Take Australia and Spain for example. Even though these two places have some businesses that travel around the world‚ they still have their own set of guidelines that help to decide what their business ethics will turn out to be. In Spain‚ businesses are all about personal contacts. A businessman in Spain will make sure that
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ETHICS IN BUSINESS RESEARCH Mian Umair Asghar Week 4 Global Institute DHA INTRODUCTION Ethics are norms or standards of behavior that guide moral choices about our behavior and our relationships with others. The goal is to ensure that no one is harmed or suffers adverse consequences from INTRODUCTION Begin data collection by explaining to the respondent the benefits expected from the research. Explain to the respondents that their rights and well-being will be adequately protected‚ and
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BUSINESS ETHICS & CORPORATE GOVERNANCE BUSINESS ETHICS Distinguishing: • Ethics • Ethics in Business • Business Ethics • Governance • Corporate Governance • Good Corporate Governance In brief: • Ethics: code of conduct for personal behaviour. • Ethics in Business: Applying personal ethics into business. • Business Ethics: Ethics of business‚ what is good & bad‚ right or wrong for business. • Governance: Methods and practices
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IBE Notes L4 Ethics in International Business Definition: Business Ethics: the accepted principles of right or wrong governing the conduct of business people Ethical strategy: a strategy/course of action that does not violate these accepted principles A. source and nature of ethical issues in IB: different in political systems‚ law‚ economic development‚ culture a) 5 common ethical issues: Employment practices: establishing minimal acceptable standards that safeguard the basic rights and dignity
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Business Ethics and Social Responsibility Introduction | Ethics | Code of Ethics | Social Responsibility | Social Audit | | Introduction | | The world of business is a melting pot of diverse cultures. With the present technology‚ the distance between business locations has become virtually borderless. Different backgrounds produce different understandings of very basic concepts‚ like what is right and what is wrong. Simply stated‚ right versus wrong is the definition of ethics. The challenge
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Maxwell that the only ethical guideline you need for business ethics is the Golden Rule? How does Gill react to Maxwell’s view of business ethics? A: I don’t agree with John Maxwell that the Golden Rule should be the only guideline to making or determining if a decision is ethical‚ as one should look at the big picture in its totality. The Golden Rule for me personally is a standard in helping to make
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Conclusion ACUVUE® is view as a good quality and good looking product which is suitable for everyone with or without sightedness problem‚ concluded by the survey conducted. This is because almost all of the users will recommended this product to others after they have consumed. The price‚ comfortability‚ and degree of moistness of the ACUVUE® contact lenses are the important factors that mostly affected the purchase decision of the consumers. Although most of the consumers are more prefer Freshlook
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