Business Ethics Introduction Business ethics is an important aspect of any organization‚ and all successful organizations adhere to business ethics. Business ethics ensure that organizations adhere to moral and ethical principles as they undertake their day to day operations. Business ethics ensure that organizations and employees conduct business while following ethical principles. It also enables organizations solve challenges they experience while following moral principles. Corporate
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Assignment # 1 Stakeholder analysis on the British Petroleum oil spill disaster Stakeholder: UK and USA Government The British Petroleum (BP) oil spill in the Gulf of Mexico flowed unabated for three months in 2010. It is the largest accidental marine oil spill in the history of the petroleum industry. This event affected individuals and groups‚ know as stakeholders‚ in different ways according to the impact that the catastrophe meant to their situation. The stakeholders treated in this case are
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Microsoft ethics I chose to research Microsoft’s code of ethics. The code I’m using the Microsoft finance code of professional conduct. The CEO‚ CFO‚ and finance organization employees are expected to abide by this code as well as all applicable Microsoft business conduct standards. Any violations of the finance code of professional conduct may result in disciplinary action‚ up to and including termination of employment. All employees covered by the Finance code of professional conduct will act
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Mary L Weed Module 2 Written Assignment Business Ethics SUNY Empire State Summer 2010 Answer the following questions: 1. Shaw and Barry distinguish two different forms of utilitarianism. What are these two forms? Briefly describe each. Act and Rule Unitarianism is the two forms that Shaw and Barry discuss. Act utilitarianism is the belief that it is the right action that brings the greatest contentment to the greatest number of people. It is an idea that believes that the morality
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NESTLE’S ETHICAL BUSINESS STRUGGLES 1 Nestlé’s Ethical Business Struggles: How the infant formula boycott affected Nestle NESTLE’S ETHICAL BUSINESS STRUGGLES 2 Abstract Nestlé’s marketing tragedy of infant formula in third-world countries in the 1970s caused consumers to boycott the company. As this paper states there are three individuals who were associated with Nestlé’s managing of the boycott. In the 1980s there were other business scandals that involved
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have unbiased reports is one of the ethical issues that could have been solved by the companies themselves. Auditor independence is another activity that could have been handled voluntarily. According to Jennings (2012) the SOX established code of ethics for public accounting firms. Some of the services that accounting companies that audit public companies are prohibited to do are; provide bookkeeping services for the same public companies that they are auditing‚ appraisal and valuation services
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References: Helms‚ M. M. Dr. (1992). Family Business. Retrieved from http://wpweb2.tepper.cmu.edu/ethics/AA/mgmt01-case.pdf Kaplan EGuide. Ethics and the Legal Environment. Chapters 1 and 3 Nepotism in the Workplace. (2003-2013) Retrieved from http://employeeissues.com/nepotism.htm
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M IN E ST Y M ICHA EL K A NE BP Amoco (A): Policy Statement on the Use of Project Finance As two of the largest oil and gas firms in the world‚ The British Petroleum Company p.l.c. (BP) and Amoco Corporation (Amoco) had a long history of competitive encounters. This rivalry continued into the 1990s in a variety of locations ranging from the United States to the North Sea to‚ more recently‚ the Caspian Sea—a region that had opened up to exploration by Western oil companies following the breakup
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References: Ferrell‚ O. C.‚ Fraedrich‚ J.‚ & Ferrell‚ L. (2012). Business ethics: Ethical decision making and cases. (9th ed.). Mason‚ OH: South-Western: Cengage Learning.
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1. The aspects of BP’s ethical culture that could have contributed to the Gulf Coast oil spill disaster include: * The company tried to assure concerned stakeholders that it took environmental concerns seriously‚ but BP’s actions have not always concided with its words. BP has engaged in numerous instances of questionable behavior including fraud‚ environmental‚ and ethical transgressions clearly demonstrate that the company has a history of disregarding the well-being of stakeholders. The
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