ETHICS AND BUSINESS Prepared by: Diosen Cortes Rose Ann Isidro Glenda Macasieb Marlon Romero Jerome Duque Soriano Instructor ETHICS AND BUSINESS “There are two educations. One should teach us how to make a living and the other how to live”.-John T. Adams Introduction Business is part of human society and as old as human civilization. It is part of the complex web of interaction among institutions and people; its activities must be viewed and
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Chapter 1: Key concepts in business and professional ethics [Unit 1: Introduction to Business Ethics Unit 1: Introduction to Business Ethics Ethics and Values] * Values = what is good and desirable? * People do not share the same values * Values are influenced by……… Moral dilemmas…….. EXAMPLE A brilliant transplant surgeon has five patients‚ each in need of a different organ‚ each of whom will die without that organ. Unfortunately‚ there are no organs available to perform any of
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Parker ENG-111 4 December 2012 Ethics Essay Ethics‚ in general‚ are a set of beliefs about good and bad‚ right and wrong. Business ethics deal with the same issues‚ except in a business setting. An individual’s personal ethics begin developing as a child and are influenced by family‚ social groups and culture (Kelly/McGowen‚ 2012). In today’s complex and competitive business world‚ employers need to ensure the employees who represent a corporation display sound ethics because it will have a direct
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COURSE OUTLINE SESSION : DECEMBER 2013 DEPARTMENT : DEPARTMENT OF COMMERCE PROGRAMME : DIPLOMA IN MARKETING LECTURER : NOR ZARINA BINTI PITDIN CLASS : DPM 5A COURSE BUSINESS ETHICS COURSE CODE PB503 CREDIT 3 SYNOPSIS BUSINESS ETHICS is about relationships‚ values‚ justice‚ and culture (personal‚ professional‚ corporate‚ national and global). It also provides a basic framework for examining the range of ethical issues arising from a business context. This course also
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Accounting Ethics Accounting ethics is primarily a field of professional ethics‚ the study of moral values and judgements which are applied to the accountancy. “Accounting ethics can be defined as a set of distinct guidelines for a business to maintain clean balance sheets‚ accounting for their profits‚ losses and expenses incurred and prevent it from mishandling financial reports and statements” (Buzzle 2011). The nature of the work carried out by accountants and auditors requires a high level
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codes. What is Ethics? Ethics are set of values‚ principles‚ ideologies and morals followed in the most appropriate way by an individual. It is theses ethics that differentiates right from wrong‚ which allows to take good decisions and reject unacceptable behaviors. These Ethics are individual ethics. And the so called ethical behavior vary from individual to individual. What is professional Ethics? Individual Ethics differ from Professional Ethics. Professional Ethics is set of set of
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Good ethics is essential in the workplace to have a good‚ working environment. Many companies now enforce ethics training‚ in hopes that the good ethics will rise above bad ethics. But in too many cases that does not happen. It is important to enforce good ethics in the workplace so that trust may be a result. Employers must be able to build trust around their employees and visa versa. Employees must also be able to trust fellow employees. When bad ethics are being displayed by an individual
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The Importance of Ethics in Business Recent events in corporate America have demonstrated the destructive effects that occur when the leadership of a company does not behave ethically. One might wonder how such gifted‚ highly; savvy organizations such as Enron‚ Tyco‚ and WorldCom got themselves in such of a big mess! Well‚ I am here to tell you that the answer lies within the idea and importance of business ethics. "Business ethics should be interpreted as the standards of conduct of
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Personal Ethics Statement Yes I agree completely with the results of my Work Culture Preferences‚ it matches what I considered ideal work culture to be. I don’t mind taking charge and leading a group or team. I follow rules 100%‚ and I like being busy at work. Yes there is a relationship with effective study habits techniques and being successful in the work culture. Practice always works‚ and work and dedication has rewards. My strengths were following instructions‚ coping with pressure
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Ethics Essay ETH/316 Abstract * It will discuss the difference in how each theory addresses ethics and morality. It will identify the similarities of virtue ethics‚ utilitarianism‚ and deontology. Ethical theories concentrate on what is right; they attempt to seek the outcomes of one’s actions by applying several rules that seek what is good. These ethical theories have many similarities and yet different‚ our actions can be categorized in virtue ethics and utilitarianism theories. While
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