however‚ if they get into a position of power‚ corrupt power." These words of aptly describes the scale of damage of corruption. The article “No business like politics in India” provides us just with the tip of Iceberg. It shows a clear evidence of politicians amassing huge wealth during their tenures which is not possible through their government salaries. It should be noted that the ADR has only analyzed the assets records which are publicly available. The black money & assets is the part
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Marta Malasobras is unreliable. She has arrived late to work almost every day. Her co-workers are quite angry about this and discuss their frustrations with the supervisor. They claim that she is affecting the work environment. Because she is not doing her share‚ everyone else in the work team is overloaded. Marta’s group carries out a process that requires cooperative group work. Four operators must work as one coordinated production unit. If one team member is absent‚ the rest of the team works
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Case Study 6.1 Sweatshops Katie White BA 616 Business Ethics Dr. Moore 31 May 2014 Which of your company’s practices can you defend in good conscience? The company can defend moving much of it’s manufacturing plants overseas. For the company this cuts labor costs and provides jobs to those who are in desperate need in other countries. The wages provided to employees is in compliance with the local laws. The employees are satisfied with their wages and the hours they work. There is a large demand
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many ethical issues that an organisation face and one of the organisations which faces major issue is the Kentucky Fried Chicken. In my report‚ I would analysis about the issue faced by KFC and the ethical problems that the company encounters. 1.0 ETHICS DILEMMAS FACING BY KFC KFC is among the most popular fast food brands in the world. Started out in the fifties‚ KFC now boasts of operating‚ franchising‚ and serving a worldwide chain of around 11‚000 fast food restaurants that prepare
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A business cannot claim to be ethical firm if it ignores unethical practices by its suppliers – e.g. * Use of child labour and forced labour * Production in sweatshops * Violation of the basic rights of workers * Ignoring health‚ safety and environmental standards An ethical business has to be concerned with the behaviour of all businesses that operate in the supply chain – i.e. * Suppliers * Contractors * Distributors * Sales agents The two articles below
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QUESTION : Business and Ethical practices/Issues in International Business and the role of Multinational enterprises (MNEs) Introduction to Business and Ethics The ethical-related issues have represented the foundation of different religions and life styles. Ethics can be found in all aspects of human activity as the individuals have been preoccupied with the quality of their behavior towards the people around. Even if they do not purposefully intend to improve their relations with the others
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Ethics Question: Some argue that aggressively investing in emerging economies is not only economically beneficial‚ but also highly ethical because it may potentially lift many people out of poverty. However‚ others caution that in the absence of reasonable hopes of decent profits‚ rushing to emerging economies is reckless. How would you participate in this debate? As a free-market economic skeptic‚ prior to my readings‚ I felt that investing in emerging markets is more self serving and exploitative
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HR RELATED ETHICAL ISSUES INTRODUCTION: Ethics refers to a system of moral principles - a sense of right and wrong‚ and goodness and badness of actions and the motives and consequences of these actions. In the business‚ businessmen must draw their ideas about what is desirable behavior from the same sources as anybody else would draw. Ethical values channelize the individual energies into pursuits that are benign to others and beneficial to the society. Ethical issues abound in
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Business Ethics – Assignment 1 1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse‚ but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model‚ the sales representative is not sure that the subsequent
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1. Describe the need for ethical theories. (3) Ans. Ethical theories represent the grand ideas on which guiding principles are based. They attempt to be coherent and systematic‚ striving to answer the fundamental practical ethical questions: 1.What ought I do? 2. How ought I to live? Ethical theories are needed for a number of purposes. They are the foundations of ethical analysis because they are the viewpoints from which guidance can be obtained along the pathway to a decision. The aim of ethical
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