1) Corporate Ethics - The broad area dealing with the way in which a company behaves towards‚ and conducts business with‚ its internal and external STAKEHOLDERS‚ including employees‚ investors‚ creditors‚ customers‚ and regulators. In certain national systems minimum standards are required or recommended in order to eliminate potential conflicts of interest or client/employee mistreatment. 2) Board of Directors (BOD) - An appointed or elected body or committee that has overall responsibility
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1. What is ethics? Ethics‚ also known as moral philosophy‚ is a branch of philosophy that involves systematizing‚ defending and recommending concepts of right and wrong conduct.[1] The term comes from the Greek word ethos‚ which means "character". 2. What is business ethics? Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It
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plantation‚ properties and investment. mainly focusing IOI Group organization strategy is towards entering into globalization as every business is aiming to expanding. Certain corporate strategy components to be looked into which include mission‚ SWOT analysis of organization‚ Porter’s five forces as implementation of corporate strategies to justify the implemented strategies. 2.0 Company Background This is group of companies calling it or themselves IOI Group they are leaders when it comes to
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Who is the Corporate Fool? Not much unlike the courtroom jesters‚ the Corporate Fool is one who operates within the corporate system‚ yet is not afraid to highlight the hubris‚ follies and myopia of the leaders of the organization. The Corporate Fool is the reality check to every over-confident leader‚ a solution to gun-point problems and a divergent lens for visionary leaders. However‚ just as the power that a single monarch once held‚ is sometimes dispersed amongst the top management of present-day
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Ethical and legal obligation of business Introduction Business ethics: It is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in business environment. It applies to all aspect of business and is relevant to the conduct of individuals and entire organization. Ethics is mainly concerned with what is good versus bad‚ what is right versus wrong. Deontology is an ethical theory that holds that actions are right or wrong independent
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behave more ethical? It seems unavoidable these days that it is all about dot com or tech company going through downsizing or layoff due to economy hard times‚ evolving business climate‚ product profitability and operation cost decision. Although corporate downsizing is an existing and accepted management tool but the morality is still in doubt. Sadly‚ most of the time it is unclear at the worker level why he or she is being terminated at an already profitable business. All forms of downsizing
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0101 Leadership‚ Ethics and Corporate Social Responsibility | Pre-‐Module Mathias Haas 1402010 1. How would you describe Alex’s dominant leadership style (according to “Leadership Run Amok”)? Would like working with Alex? Why or why not? Alex leadership style could be described as both‚ directive and pacesetting. Directive‚ as Alex likes to handle projects only in his own way‚ telling people what to do and when to do it‚ even if he has to “steamroll over someone’s
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AMERICAN BAR ASSOCIATION Business Law Section Corporate Governance Committee International Developments Subcommittee ******************************************************************** Corporate Governance and Fiduciary Duties A Multi-Jurisdictional Review of the Directors’ Relationship to the Corporation The International Developments Subcommittee is in the process of preparing a analysis of the board of director’s relationship to the corporation‚ comparing concepts of fiduciary duty
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How does War Tactics from Homer’s the Iliad differ from War Tactics Today The enduring and growing popularity of Homer’s Iliad offers the most persuasive testimony of all that the vision of life celebrated in the poem still reaches deeply into the human imagination‚ spanning more than two thousand five hundred years. Cultures since Homer’s time have constructed social and personal lives on systems of meaning very different from the harsh demands of the warrior code‚ but the continuing power of
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Ethics is a challenging concept for many businesses‚ both domestic and international. It is not a “one size fits all” idea. While one culture may perceive certain actions as ethical‚ another may not agree. Some cultures incorporate ancient traditions into their “code of conduct” of business. In China‚ the saying of “I scratch your back‚ you scratch mine” is part of their business ethics. In Japan‚ one must be careful when expressing certain idioms or respecting certain cultural norms‚ such as
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