Business Research Ethics Team A RES/351 Business Research Ethics Unethical behavior involved GlaxoSmithKline (GSK) LLC unethical research behavior involved criminal and civil liabilities arising from the company’s illegal advertising of certain prescription drugs‚ its fiasco to report certain safety facts and its civil obligation for so-called false price reporting practices. This is the biggest health care fraud settlement in U.S. history and the largest payment by a drug company.
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Ronald David Johnson Jr. Nestlé’s Business Ethics Many transcontinental corporations take the classical view of corporate social responsibility (CSR) by focusing on their main objective of maximizing their profits rather than focusing on both profits for the company and the welfare of society. Taking this view can taint a corporation’s reputation as often times bad decisions in business ethics are the result. The Nestlé Corporation ruined its reputation among its customers over thirty years ago
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Business Research Ethics Article University of Phoenix Business Research 351 April 01‚ 2013 Business Research Ethics Article This article explains why it is important for banks to have good ethics. The banks have an ethical responsibility to the government‚ the shareholders‚ and the people they serve. Communities have a history on trusting the banks to loan money to responsible parties. The banker’s role is one of stewardship based on trust (Green‚ C F 1989). The banks major responsibility
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QUESTION 2: BUSINESS ETHIC IS AN OXYMORON? INTRODUCTION When car manufacturers produce cars due to their customers need cars‚ it damages the environment and became a causing factor of global warming. For the society‚ is it an ethical behavior? The organization itself think this behavior is ethical because manufacturers do the ’right’ thing which is increasing profit for the corporation and meet the needs of their customers‚ others will regard it as an ethical problem because it destroys the living
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Ethics in International Business Abstract International business ethics challenges the corporate world to deal with questions of what to do in situations where ethical standards come into conflict as a result of the different cultural practices in the nation. Since‚ there is this dilemma that has progressively troubled the large multinational corporations‚ international business ethics has arisen to help address these adhesive subject matters. There are several international business ethics discussions
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.1 Define “ethics” as described in our textbook: Ethics refers to our efforts to figure out what we should do and how we should live. It involves the challenge of figuring out how to justify our behavior both to ourselves and others. 3 Who are the most important stakeholders in the following examples in our textbook? 1. Tylenol : Doctors‚ nurses‚ mothers‚ fathers and children. 2. Novo Nordisk : People with diabetes 3. GE Healthcare in India: Heath care providers 4. Merck:
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Islam and Business Ethics Islam places its highest emphasis on ethical values‚ and the moral codes taught by the Quran and demonstrated by Muhammad are numerous and comprehensive; therefore‚ it is important to define what ethics is. Ethics may be defined as a set of moral principles that distinguishes the differences between right and wrong (Renaissance.com on ‘Business Ethics’). Because the decisions people make are not always black and white‚ especially in business‚ the Quran specifically identifies
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Business Research Ethics RES/351 August 4‚ 2014 Business Research Ethics The accounting world is changing constantly and so are the rules that are being set up to protect companies and their assets. There are codes of conduct that accounting offices and their personnel must adhere to and when they are not followed‚ there can be an ethical challenges that you have to deal with. Users of accounting information perform different types of creative accounting. Some of these practices are ethical
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Business ethics and CSR Introduction In the past time‚ the majority of enterprises regarded business ethics as internal regulations to comply with the rules of legal standards(Trevino and Nelson‚ 2010). However‚ the condition changes in modern times. Business ethics is more and more important to identify what it is right or wrong during the process of working or trading and so on(Wheelen and Hunger‚ 2011)‚ which is closely related to the interests of stakeholders. Under the background‚ many companies
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1. Some business ethicists argue that “acting” ethical in order to increase profits in the long run is unethical- that businesses should be ethical because they want to contribute to the community. How do you feel about that statement? I feel like the people acting ethical in order to increase profits are just lying to the business they work for‚ they have to lie in order to make a profit‚ which I think is extremely wrong because in the first place the sales people shouldn’t be lying to the consumers
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