Trident University Natalie McDaniel Module 3 Case Assignment: Business Ethics and Virtue Ethics ETH 501: Business Ethics Dr. Gary Shelton November 14‚ 2013 Abstract For the purposes of this assignment we will analyze the Mattel case and discuss the actions of the company regarding the behavior and actions in conjunction with the Global Manufacturing Process that was implemented. Breaches of the two business ethics elements of integrity and egoism will be assessed. Within the discussion
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Ethics in a business since‚ is the principles and standards that determine acceptable conduct in business organizations. The acceptability of behavior in business is determined by customers‚ competitors‚ government regulators‚ interest groups‚ and the public‚ as well as each individual’s personal moral principles and values. Social responsibility is defined as a business’s obligation to maximize its positive impact and minimize its negative impact on society. Although many people use the terms social
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Is there ethics in business world? Neal Stoughton‚ a prominent finance professor‚ claims that there is no ethics in business world and it is not necessary at all to learn ethics in business school. We may find some theories or practices in support of this idea. For example‚ Adam Smith conceived the concept of "invisible hand" which describe individuals maximize their own interest in a free market can bring benefits to the whole society. I think Professor Stoughton’s assertion is partially correct
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sustainability throughout the corporation‚ measure performance on sustainability‚ and ultimately link this measurement to corporate financial performance. Corporate citizenship is an important driver for building trust‚ attracting and retaining employees‚ and obtaining a “license to operate” within a community. Corporate citizenship is much more than charitable donations and public relations—it’s the way the company integrates sustainability principles with everyday business operations and policies
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Recommendation 9 Conclusion 10 References 11 1.0 Introduction All of companies should be use the ethical decision to development their business on the right way because it’s a behavior of company showing to the publics and also responsible to social or public. The decision of company might be influence the company and public if they are taking the unethical idea to run for business. Therefore‚ the decision makers have to consider the benefits of company and to avoid the bad influence for public before make
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|( )1. |Business ethics comprises | |A) |the laws and regulations that guide behavior in the world of business. | |B) |the morals‚ values‚ and customs that guide behavior in general. | |C) |the principles and standards that guide behavior in the world of business.
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| Report on business & Ethics | | Submitted ToCommunicationTrimester 02‚ 2011Submitted By | | 9/30/2011 | | Table of Contents Introduction: 3 Description of the Issue: 4 Case Study: 4 Case 1 - Controversial Chemical (Triclosan) Poses Challenge for Colgate-Palmolive 4 Case 2 - Rupert Murdoch’s ‘News of the World’ to shut after 168 years; the voicemail-hacking scandal 6 Problems and various aspects- 7 Solutions: 9 Colgate-Palmolive case- 9 Rupert Murdoch’s
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for Business Ethics Assignment 1 1.1 Explain the background and development of theoretical ethical approaches 1.2 Compare and contrast absolute and relative ethics 1.3 Explain the ethical issues which can affect the operational activities of a business Show that you understand the foundations of ethics (think Kant and Mill and other early ethical theorists)‚ also that you understand about how ethics has developed from these. Show that you understand how absolute ethics and
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.1 Define “ethics” as described in our textbook: Ethics refers to our efforts to figure out what we should do and how we should live. It involves the challenge of figuring out how to justify our behavior both to ourselves and others. 3 Who are the most important stakeholders in the following examples in our textbook? 1. Tylenol : Doctors‚ nurses‚ mothers‚ fathers and children. 2. Novo Nordisk : People with diabetes 3. GE Healthcare in India: Heath care providers 4. Merck:
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Harvard Business School 9-282-042 Rev. September 15‚ 1986 Marriott Corporation The idea of repurchasing shares was no stranger to Bill Marriott by January 1980. Almost five million shares of common stock had been repurchased on the open market by Marriott Corporation during 1979 at a total cost of $74 million and an average price of $15.16 in the belief that they were undervalued—a belief that still was not fully reflected in the market price. At $19 5/8‚ the stock was selling at only six
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