Managing to be ethical: Debunking five business ethics myths Linda Klebe Trevino and Michael E. Brown ˜ Executive Summary ........................................................................................................................................................................ The twenty-first century has brought corporate ethics scandals that have harmed millions of employees and investors‚ and sent shock waves throughout the business world. The scandals have produced “perp walks”
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The Focused Culture-Specific Approach to MCT The goal of this approach is to perceive people as both members of a culturally diverse group and as individuals. With this approach to MCT the counsellor examines her or his own attitudes and racial beliefs‚ discuss racialy relivant topics‚ work on identity development‚ and work with issues surrounding oppression. The efficiency of MCT will most likely be improved when the therapist uses modalities and outlines goals coherent with the cultural values
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Enron a Case Study Enron‚ once known as the worldwide leader in energy trading‚ began as a natural gas pipeline company. “At its peak‚ Enron brokered up to 20 percent of America’s energy transactions. These included basic contracts to deliver natural gas from wells to pipelines for distribution to homes‚ contracts for the purchase of electrical power facility out port‚ and more complex financial contracts‚ which allowed power companies to manage price and market risk” (Ackman)
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The rise and fall of Enron is a company that was lead to its own demise by it’s own leadership and ill business decisions. The motivational theories explained from the readings of Organization Behavior can correlate with the failure of Enron’s internal organization. Even though a company may appear to display successful business practices‚ the influence of leadership through management can ultimately lead the company to fail. Enron’s code of ethics prided itself on four key values; respect‚ integrity
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he/she may have made a mistake. Therefore we could draw the line that if the doctor had their work checked by a reasonably competent doctor believed that the action of this doctor were reasonable then the judge may find the doctor had not been negligent. However if the doctor had properly accepted his post in a hospital in order to gain necessary experience then he should only be held liable for acts or omissions which a careful doctor with his qualifications and experience would not have done
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Globalization and Corporate Social Responsibility - Corporate Culture and Individual Responsibility 1. Based on Alex Gibney’s film version of the rise and fall of Enron‚ do you accept Joel Bakan’s argument that the corporation shows “psychopathic” traits? I agree with Joel Bakan‚ however‚ just partially about the corporation Enron showing ‘psychopathic’ traits. Yes there are traits that they were doing unethical actions that completely ruin many people life-long works and their lives; nonetheless
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ETHICAL DECISION MAKING AND ETHICAL LEADERSHIP To improve ethical decision making in business‚ one must first understand how individuals make ethical decisions in an organizational environment. Too often it is assumed that individuals in organizations make ethical decisions in the same way that they make ethical decisions at home‚ in their family‚ or in their personal lives. Within the context of an organizational work group‚ however‚ few individuals have the freedom to decide ethical issues
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Enron Questionable Transactions Question 1 The question which segment of its operations got Enron into difficulties is simple to answer‚ everything. Almost every all segments of their operation were improper. First of all‚ they practice unethical and dishonest practices which victimized workers‚ consumers‚ taxpayers and stockholders. Enron created partnerships within their own organization which led to them creating new financial instruments‚ called SPE’s (special purpose entities) which was
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Response to organizations in art or entertainment (Enron‚ the Smartest Guys in the Room‚ 2005) Introduction There is a proverb “too good‚ to be true”‚ and it means the same‚ that some things are too great‚ to be real. In business world‚ it is often used to describe market conditions or companies under unbelievable success. Although‚ there were not too many companies that would fit the saying Enron was one of them. In a period of sixteen years‚ Enron’s value grew from 10 to 70 billion dollars
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Essay On Five Things I Love Most‚This world is full of many wonderful and lovely things. Man has been trying to mobilise the resources of his intellect for making various types of inventions and discoveries and thus endeavouring to make the things more lovely and worth enjoying. This process of beautifying the worldly things is a continuous process. There is no end to it. As‚ there are many beautiful and lovely things‚ it becomes very difficult to pick and choose. Somehow. with the greatest care
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