globe. From the time a business begins‚ ethics and social responsibility play an important role in deciding what direction that business will take‚ and how the company will turn a profit. Ethical behavior is critical to strategic planning for businesses. In order to be successful‚ businesses must consider themselves a part of the business community‚ as well as society. Making money is not unethical; however‚ money cannot be the driving force of ethical thinking within a business (ethics.org‚ 2008).
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if management thinks it’s warranted.” Profits remain high‚ but no bonus is paid. If the employees sue‚ would a court enforce the promise? The fact that a promise has been made does not mean the promise can or will be enforced. Under the common law‚ a primary basis for the enforcement of promises is consideration. Consideration usually is defined as the value (such as cash) given in return for a promise (in a bilateral contract) or in return for a performance (in a unilateral contract) Something
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INTRODUCTION Bangladesh is a combination of competitive market‚ business -friendly environment and cost structure that can give the best returns. Bangladesh offers a well-educated‚ highly adaptive and industrious workforce with the lowest wages and salaries in the regio n. 57.30% of the population is under 25‚ providing a youthful group for recruitment. The country has consistently developed a skilled workforce catering to investors needs. English is widely spoken‚ making communication easy. Bangladesh
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CHAPTERS 7-9 Majority Influence: The Power of the Many and the Few Power and Leadership Avie M. Johnstone Majority Influence: The Power of the Many and the Few Aspects of social influence as such as majority influence and minority influence will be discussed in terms of their underlying psychological processes and how they differ. Majority influence or conformity
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1 . “The fundamental attribute of corporate personality is that company is a legal entity distinct from the members.”Elucidate the statement .Also specify the important features of a company. 2 . Discuss the essential elements of a valid contract. 4 . What are the characteristics of negotiable Instrument? Discuss the ‘privileges’ of holder in due course as per the provisions of the Negotiable Instruments Act‚ 1881? Also state the important amendment to be incorporated under sec 138 of the
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Business Discussion You own University Heights Apartments‚ a business that rents primarily to students. One evening‚ your tenant Sharon is attacked by an intruder who forces the lock on the sliding glass door of her ground-floor apartment. Sharon’s screams attract the attention of Darryl‚ your resident manager‚ who comes to Sharon’s aid. Together‚ he and Sharon drive the intruder off‚ but not before they both are badly cut by the intruder. 1. Is the intruder liable for what he has done? a. Yes
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Phase 2 Individual Project - International Law and Business The Legal and Ethical Environment of Business Professor Lisa Smart Francisca Smith September 03‚ 2012 Abstract Just about all of our companies in the United States do business worldwide. Many companies trade and work with companies that are in a variety of other countries and conduct international business. My company is currently engaged in business activities both nationally and internationally. We have heard that a few of the
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CODE OF BUSINESS ETHICS AND CONDUCT Everything we do should be with the highest integrity. No ethical shortcuts of any kind. Integrity and honesty are simply not optional. 2 NOTE TO EMPLOYEES: In this Code‚ “Company” means Burger King Corporation and its subsidiaries and affiliates. This Code is not an employment contract and compliance with this Code does not guarantee continued employment with the Company. Any modification to current terms and conditions of your
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Running head: MANAGING CHANGE ETHICALLY Managing Change Ethically Argosy University Online Ethics in Business Managing change ethically has become a ubiquitous concern in organizations as they evaluate strategies to increase profit margins and remain competitive in their industry. Outsourcing and offshoring are common business methods used to manage economies. An increase in the use of outsourcing by U.S manufacturing companies in 2001 generated approximately 7.8 billion dollars in spending
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30th May Thursday 11-12 (replacement) 1b) Negligence misrep – For this‚ the common law negligent misrep is followed- i.e. that is duty of care‚ “special relationship” ‚ breach of standard of care‚ causation‚ and remoteness. 1c) Duress is pressure exerted by one person to coerce (influence someone to do smth) another to contract on particular terms. The main types are duress of the person “actual or threatened violence or unlawful imprisonment”‚ duress of goods “wrongful detaining‚ damaging or
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