stake in the business. The stakeholders view of a corporations responsibility are Stockholders‚ Creditors‚ Employees‚ Customers‚ Suppliers‚ Government‚ Unions‚ Competitors‚ Local communities‚ and the general public (Pearce‚ 20110). Personal Ethical Perspective Evolved as requested from the class syllabus Patricia Holt retook the Ethics Awareness Inventory for better understanding of her personality traits. After taking the Ethics Awareness Inventory she found that she was high in the ethical perspective
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Ethical Relativism; No moral truths‚ just relative to the individual/culture. When is different just different and when is it morally problematic? Diversity of standards often leads to issues with regards to; Corruption/work practices/child labour/inferior products/government influence Situation sensitive: need for tolerance/understanding of variety of cultures. Moral diversity: no wrongs/rights‚ based purely on social norms. Shouldn’t pass judgement on situations
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Ethical Dilemma 1) Do the end justify the means? Parties involved: Garreth Welch- Chairman and group CEO‚ 59 years old Richard Deakin- President of West Coast Operations and CEO of Columbia Solutions Catherine Simpsons- head of Sales at Columbia Solutions Ray Wilson- Financial Controller at Columbia Solutions The Company: A medium-sized corporation which owns a number of IT and media related companies in Canada. Garreth Welch founded the corporation. His business style is to identify
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Chapter 4 Addressing Individuals’ Common Ethical Problems Contents: (Please note: the Instructor Guide for every chapter will follow this structure.) 1. Chapter Outline 2. Teaching Notes 3. In-Class Exercises 4. Homework Assignments 5. Additional Resources Chapter Outline I. Introduction A. Indentifying Your Values – and Voicing Them II. People Issues A. Discrimination B. Harassment‚ Sexual and Otherwise III. Conflicts of Interest A. What Is It? B. How Can We
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Ethical Dilemma Ben Lennon XMGT/216 March 13‚ 2011 Meisel Randolph Ethical Dilemmapage 1 An ethical dilemma is any situation which guiding moral principles cannot determine which course of action is right or wrong (Stanford Encyclopedia of Philosophy: Moral Dilemmas). Often in the work place we are faced with dilemmas all the time. Many have the choice to do the right thing or doing the wrong one. However‚ doing the right is the moral thing to do‚ but some choose the alternate.
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R E S P O N S I B I L I T I E S & L E A D E R S H I P ethics Ethical Lessons for Accountants By Thomas A. Buckhoff and LeVon E. Wilson A ccording to the Dictionary of Criminal Justice Data Terminology‚ white-collar crime is “nonviolent crime for financial gain committed by means of deception by persons whose occupational status is entrepreneurial‚ professional‚ or semi-professional and utilizing their special occupational skills and opportunities.” For decades‚ the legal
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Ethical Decisions for Stakeholders: A Practical Application Introduction Organizational culture‚ or the values‚ attitudes and beliefs held by an organization‚ directly impacts all the stakeholders of an organization. This assignment looks at a hypothetical scenario from Strait about a situation at private university. The goal is to determine an ethical decision that has the greatest benefits to the stakeholders in this organizational culture. To lend insight to the university
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Ethical Guidelines for Muslims in Business By Dr. Rafik Issa Beekun Some general guidelines govern the Islamic code of ethics with relation to both one’s daily life and business conduct. Muslims are required to behave Islamically in their business dealings because Allah Himself is witness to their transactions: In whatever business you may be‚ and whatever portion you may be reciting from the Quran and whatever deed you (mankind) may be doing - We are Witnesses thereof when you are deeply
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Running Header: Ethical Advertising Ethical Advertising Raquel Rodriguez 12/13/2011 David Frost BUS 3200 Abstract There is a major concern when it comes to ethical advertising in today’s society. First off not many understand what is and what is not ethical. Companies that use an advertising strategy must be honest‚ fair and consider taste and decency when deciding on their advertising idea. Advertising companies do a great job when it comes to being truthful due to many regulations
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ETHICAL DILEMMA LYING IN BUISNESS Q. In a business context‚ is it ever okay to lie? If yes‚ what are those situations? Why is it okay to lie in these situations? There are times when individuals in business do lie‚ but‚ honesty is the best policy with business dealings and by doing so in most cases an amicable agreement can come about. Doing business is about both parties getting something out of the business deal. Lying will only cause problems eventually and if the business person gets away
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