Introduction This paper will discuss ethical behavior in the business world. In particular‚ the question of what ethical behavior actually involves will be analyzed in depth. Ethics is a topic that can be discussed at length without reaching universal consensus‚ and this text will not be an exception. However‚ it should shed some light on the issue of ethical corporate behavior. The objectives and responsibilities of business will be covered‚ as well as the ethical obligations of various parties
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Are You Getting the Best Benefit From Your Employee Benefits? Are your employee benefits giving you the payback you deserve in increased employee appreciation and satisfaction? Chances are‚ your employee benefits are not. On average‚ organizations spend 41 cents for employee benefits for every dollar of payroll. That’s 29% of the total employee compensation package. Research reported in the journal‚ Personnel Psychology‚ suggests that employees only understand and appreciate between 31 and 68% of
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of an individual and satisfaction of his needs that influence the direction‚ volume‚ behavior limitation and efforts of an individual. Hence motivation is an inducement of inner feeling of an individual. It cannot be forced upon from the outside. According to Steers and Porter (1991)‚ there are two ways to view motivation. The traditional way is to define motivation as a process of directing (stimulating) people to action in order to accomplish a desired goal. Based on this definition‚ motivation
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The current issue and full text archive of this journal is available at www.emeraldinsight.com/0954-478X.htm TQM 18‚5 The development of an employee satisfaction model for higher education Shun-Hsing Chen Department of Industrial Engineering‚ Chung-Yuan University‚ Chung-Li‚ Taiwan‚ Republic of China and Department of Industrial Engineering and Management‚ Chin-Min Institute of Technology‚ Chung-Li‚ Taiwan‚ Republic of China 484 Ching-Chow Yang and Jiun-Yan Shiau Department of Industrial
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I. ABSTRACT Without question "business ethics" is one of the hot topics of the day. Over the past months we have seen business after business charged with improper practices that violate commonly accepted ethical norms. This has led to a loss of confidence in corporate management‚ and has had severe economic consequences. Business ethics serves the important social function of integrating business and society‚ by promoting the legitimacy of business operations‚ through critical reflection
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Business Ethics Business ethics is part of today’s society whether you like it or not. There are many things happening in today’s corporate world that needs to be opinioned. Are ethical judgments merely a matter of personal opinion? Yes because we live in a free society I think that most ethical judgments are based on a matter of what you believe in. Everyone has the right to think differently. There will also be similarities and differences in your ethical point of view because of religion
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level of service by the sales people in groceries is not acceptable to most customers‚ consumers want a shop with a full range of grocery items. Hence they do not have to hop around from shop to shop‚ super markets offer clean and friendly environment with a wide range of quality products at affordable prices and it has become the primary channel for distribution of foods and other household effects to the consumers. Customers are free to move around the well displayed shelves to see‚ touch‚ feel and
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BUSINESS ETHICS INTRODUCTION Ethics concerns an individual’s moral judgments about right and wrong [Lawrence Kohlberg; 1958]. In any business‚ individuals or groups make organizational decision; both are influenced by a company’s corporate culture. The decision to behave ethically in business is a moral one; decision makers must decide what they think is the right course of action. This may involve rejecting the route that would lead to the
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BUSINESS ETHICS AND STAKEHOLDER ANALYSIS Abstract: Much has been written about stakeholder analysis as a process by which to introduce ethical values into management decision-making. This paper takes a critical look at the assumptions behind this idea‚ in an effort to understand better the meaning of ethica] management decisions. A distinction is made between stakeholder analysis and stakeholder synthesis. The two most natural kinds of stakeholder synthesis are then defined and discussed: strategic
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responsible for implementing the policies and procedures made by Fred for his business‚ possibly even if he agrees with them or notregardless of whether or not Don agrees with them. Depending on how badly he needs the job‚ Don has the choice to leave if he doesn’t agree with The Sandtrap’s policies. However‚ for simplicity’s sake‚ we will assume that like most Americans in this day and age Don needs the job like most Americans in this day in age. As manager of The Sandtrap‚ Don has a few decision options
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