THE ETHICAL IMPERATIVE Today’s businesses are entrenched in a great conflict. The interests of the stockholders and the interests of the populace at large seem to be in constant turmoil. On one hand‚ stockholders desire profit for themselves‚ and on the other‚ the general population does not care to be exploited by those whose sole motive is profit. This is a conflict because those who buy a business’s products tend to be in the general public‚ and they have the ability to make or break a
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Corporate Social Responsibility: Indian Experience Dr. Devendra Kumar Assistant Professor L. N. Mishra College of Business Mangement‚ Muzaffarpur Email: devenswamy@rediffmail.com Prologue: India is a fast growing economy and is booming with national and multinational firms. At the same time‚ the Indian land also faces social challenges like poverty‚ population growth‚ corruption‚ illiteracy just to name a few. Therefore it is all the more imperative for the Indian companies to be sensitized
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participating in mergers and acquisitions. The development of cross-national business‚ on one hand‚ has created tremendous opportunities for global collaboration among different countries; on the other hand‚ however‚ it has also created a unique set of ethical problems. “As one expert estimates that about two-third of the 500 largest American corporations have been involved in one form of illegal behaviour or another” (Gellerman‚ 1986). Many large multinational companies are more likely to treat Chinese
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Lecture 1: The advantages of forming a corporation are: * Reduction of personal liability. A sole proprietor has unlimited liability * Taxes. Forming a corporation may mean that more expenses can be considered business expenses and be deducted from the company’s income. * Improved credibility. The business may have increased credibility in the business world compared to a sole proprietorship. * Ability to attract investment. Corporations can raise capital through the sale of equity
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Managing People in Global Economy (Chapter 1) kinicki & kreitner‚ 2008‚ defines management as “the process of working with and through others to achieve organizational objectives in an efficient and ethical manner.” Management comprises: Planning‚ organizing‚ resourcing‚ leading/directing/motivating‚ and controlling. 1. Planning is decision making concerning what needs to happen in the future and generating plans for action. In other words planning is the organizational process of creating and
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Ethical Issues in OB Kris Jones Organizational Behavior Prof. Thomas Stone June‚ 11‚ 2012 Ethical issues have become a significant concern in organizations‚ especially in recent years. Ethics involves the study of moral issues and choices; concerned with what is right and wrong‚ bad and good and define what people should do (Kinicki & Kreitner‚ 2011). One of the problems regarding ethics is organizations and their people don’t always share the same idea about right and wrong and are
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Organizational Behavior: “Organizational behavior can be defined as the understanding; prediction and management of the human behavior affect the performance of the organizations.” - Fred Luthans The study of Organizational Behavior (OB) is very interesting and challenging too. It is related to individuals‚ group of people working together in teams. The study becomes more challenging when situational factors interact. The study of organizational behavior relates to the expected behavior of an individual
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BABCOCK UNIVERSITY‚ ILISAN-REMO‚ OGUN STATE AN ASSIGNMENT SUBMITTED IN PARTIAL FULFILMENT OF THE COURSE: CORPORATE LAW 1 ASSIGNMENT TOPIC: CRITICALLY EXAMINE THE EXTENT TO WHICH A COMPANY IS BOUND TO A PRE-INCORPORATION CONTRACT SUBMITTED BY: EYESAN ORITSEMOLEBI MATRIC NO: 10/0399 SUBMITTED TO: MR. ABANGWU NZERIBE
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GROUP RESEARCH REPORT TEAM CRIMSON LUONG TRAM ANH – s3269577 HOANG XUAN THANG – s3255468 TRAN THI MINH THU – s3275196 NGUYEN QUANG TRUNG – s3269651 GROUP RESEARCH REPORT TEAM CRIMSON LUONG TRAM ANH – s3269577 HOANG XUAN THANG – s3255468 TRAN THI MINH THU – s3275196 NGUYEN QUANG TRUNG – s3269651 Table of Contents Table of Contents 2 Executive Summary 3 I. Introduction 4 II. Natural Environment 5 1. Sustainable Packaging and Minimizing Waste Issues 5 2.
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Ethical and socially Responsive Business BUSS 100 A code of ethics will start by setting out the standard that back up the code and will describe the business commitment to its stakeholders It is intended to simplify a company’s objective‚ standards and principles‚ combining them with main beliefs of efficient behavior A code of conduct is at written guideline by the business that define the principle fundamentals of the business and provide workers knowledge on how to confront issues
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