Business Research Report Ethics & Social Responsibility in Business Presented to: Chief Executive Officer Assessment Code: RWT1 Student Name: Valeria Herrera Student ID: 00217130 Date: May 1st 2012 Mentor Name: Evan Jackson Table of Contents Executive Summary 3 Introduction 4 Research Findings 5 The Company’s Reputation 5 The Relationship with Employees‚ Investors and Customers……………...…………….………………6 Efficiency…………….……………………………………………..……………………………………7 Recommendations 8 Conclusion
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1. APPROACHES TO BUSINESS ETHICS When business people speak about "business ethics" they usually mean one of three things: (1) avoid breaking the criminal law in one’s work-related activity; (2) avoid action that may result in civil law suits against the company; and (3) avoid actions that are bad for the company image. Businesses are especially concerned with these three things since they involve loss of money and company reputation. In theory‚ a business could address these
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Bibliography: Ewing‚ C. P.‚ & First‚ J. (2000) Available online < http://www.edletter.org/past/issues/2000-jf/zero.shtml> Last access 29-12-2006 6. Management and the use of business ethics: Towards an investigative ethics. International Journal of Value-Based Management: Volume 7‚ Number 3 / October‚ 1994 7 8. Getting Justice Wrong: Myths‚ Media and Crime:Book by Nicholas Cowdery; Allen & Unwin‚ 2001
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Business Ethics and Social Responsibility Introduction | Ethics | Code of Ethics | Social Responsibility | Social Audit | | Introduction | | The world of business is a melting pot of diverse cultures. With the present technology‚ the distance between business locations has become virtually borderless. Different backgrounds produce different understandings of very basic concepts‚ like what is right and what is wrong. Simply stated‚ right versus wrong is the definition of ethics. The challenge
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May 2‚ 2013 1/ What is ethics? What are some common ethical types? Why do business people need it? Can ethics be taught to people? Ethics is a study of morality‚ stems from the ancient Greek “ethos” meaning custom or habit. It is a study of theories concerning what is good and evil in human conduct. There is no particular set of laws defining what is ethical and what is not‚ because there is no right or wrong answer. The second sense of ethics speak of “codes of ethics”‚ which are a set of rules
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determine what is “foreseeable” or “reasonable” • Ethics‚ Law‚ and CSR o Ethics: study of right and wrong behavior o Business ethics: study of right and wrong behavior in the business world o Moral minimum: the minimum acceptable standard for ethical business behavior‚ normally considered compliance with the law o Corporate Social Responsibility (CSR): the idea that corporations should be accountable to society for their actions • 3 Approaches to Ethics o Duty-based: What are the relevant rules?
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...............8 1. Overview The goal of this report is to analyze business ethics in the context of the Enron scandal. Enron scandal became a classical example of how a major disregard for ethics and law occurred. It becomes obvious that the institution of business education has not paid a sufficient amount of attention in ethical guidance in executive management‚ before Enron’s bankruptcy. Multiple business principles are involved in the rise of fall of Enron. In order to succeed
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In his essay‚ Is Business Bluffing Ethical? Albert Carr contends that business‚ like poker‚ warrants a certain amount of bluffing. He holds that business is a game‚ and so long as all those playing are doing so with an understanding of the rules of the game‚ personal ethics do not necessarily apply in the same way they would in a businessperson’s personal life (Carr 1968). To consider his argument‚ one must first come to working definitions of . Carr sees bluffing as distinguishable from lying in
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Business Ethics across Cultures Article Review Paula Plattner XMGT/216 June 23‚ 2013 Swinton Hudson Business Ethics across Cultures Article Review The idea of globalized business ethics is an interesting idea‚ however what is considered ethical or moral in one culture‚ may not be if importance in another. The following paper looks at two different articles that appeared in the Journal of Business Ethics for two very different countries. The first article is Business Ethics in Canada: Distinctiveness
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Business Ethics: A European Review Out of Africa: an introduction Gedeon J. Rossouw Business ethics as academic field began its existence in North Atnerica. Its early development was dominated by the North American discourse about ethics and its relevance in the business context. The various approaches to the study of business ethics‚ as well as the issues that emerged there‚ made a lasting impact on the landscape of this area of study. Since this period of inception in the 1970s business ethics
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