Criteria Assessed Achieved? P1 Explain the ethical issues a business needs to consider in its operational activities. P2 Explain the implications for the business and stakeholders of a business operating ethically. P3 Describe the social implications of business ethics facing a selected business in its different areas of activity P4 Examine the ethical concerns of the communities in which a selected business operated M1 Assess how a selected business could improve the ethics of their operations
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Introduction P1 – Explain the ethical issues a business needs to consider in its operational activities. Definition Of Business Ethics Ethics are to do with what is right and what is wrong. Ethics plays an increasingly important role in business. A business is part of society and just as society requires a certain standard of behaviour from individuals; it also expects businesses to abide similar standards. Business ethics is therefore the application of ethical values to business behaviour. It
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P1 Describe the ethical issues a business needs to consider in its operational activities. Ethical issues affect all businesses‚ if a particular business is becoming a victim of bad ethical problems it could close because the public perception would be very low. But if a company focuses on good ethical actions like recycling and only buying fair trade produce it would increase their popularity with consumers and boost sale. I have chosen PepsiCo for my business to study because they have been
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P1 – Describe the ethical issues Coca Cola needs to consider in its operational activities. Your manager has asked you to prepare briefing papers to explain the ethical issues the client organisation needs to consider in its operational activities (P1) Understanding Business Ethics | Understanding business ethics | Business Ethics plays an important role in business today and it can be defined as an examination of how people & institutions should behave in the world of commerce and it
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Legal‚ ethical and operational issues. The NHS is the biggest publicly fundnstedividual with the persons records. Email policies also request that the form of communication should not replace face to face contact as it is still important to maintain personal relationships with colleagues. Ethical issuesed health service in the world and prcompany email addresses as well as their access to the internet whilst in work‚ for example emails mustn’t be used i It is important for the NHS to comply
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assignment I will explain the legal‚ ethical and operational issues in relation to the use of information. Legal issues Legal issues are various items of legislation (law) to protect the use of business information. Data protection act 1998 Many business store information about people‚ whether it’s for potential customers or previous clients. The data protection act protects the information held about people from being misused. The information businesses store on databases need to be obtained
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Employee Behavior From large corporations to small businesses‚ individuals involved in all types of business often face ethical issues stemming from employee behavior. For example‚ whether an employee can spend work time checking personal email accounts‚ how a manager deals with claims of harassment and to what extent a manager can "groom" a certain employee for a promotion are all examples of ethical issues regarding employee behavior. There are legal consequences for some unethical employee behavior
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Discuss and illustrate the classifications of ethical issues discussed in the text. According to the textbook‚ Business Ethics: Ethical Decision Making and Cases‚ an ethical issue is “a problem‚ situation‚ or opportunity that requires an individual‚ group‚ or organization to choose among several actions that must be evaluated as right or wrong‚ ethical or unethical” (Ferrell 65). There are fifteen basic classifications of ethical issues in business that can be broken down into three categories
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Ethical Issues The issue of ethical behavior is one of the top challenges facing organizations today. A good definition of ethics includes the thought of doing what is morally acceptable or what is “good” and “right” as opposed to doing what is “bad” or “wrong” (Sims‚ 1992). But why are these issues a concern for organizations? What can they do to promote ethical behavior from their employees? Organizations should be concerned with ethical behavior for many reasons. Even though ethical decisions
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for their campouts by the gate. This policy has changed and will take affect in November of this year. Southwest is improving their way of the boarding rules for their customers. This has become an issue in the current news regarding this policy change. Exactly what seems to be the basis of the issue going on today? Southwest Airlines has adopted a positive culture that focuses on respect dignity and good service. It has identified good services as being most important. The customer and employees
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