ASSIGNMENT TITLE: RECENT CORPORATE SCANDALS PROVE THAT THE RESPONSIBILITY OF BUSINESS GOES BEYOND MAXIMISING PROFITS. DISCUSS NAME OF STUDENT: TANMUGAVALLI PILLAY VYTHELINGUM PROGRAMME: BSC(HONS) MANAGEMENT (MINOR: FINANCE) LEVEL: 4 NAME OF LECTURER: G. NAPAL MODULE NAME: BUSINESS ETHICS AND GOOD GOVERNANCE MODULE CODE: MGT 2067Y(3) TABLE OF CONTENTS INTRODUCTION Page 3 PROFIT MAXIMISATION
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71203 Business Ethics Assignment 1 Drawing on ethical theory to critique a claim. Businesses putting something back into the local community... ...Morally obligatory - or not? Utilitarian and Kantian Moral Theory Viewpoints Tanya Lundie 9118692 27 March 2009 Rainbow (2002) describes ethical theories as being “...the foundations of ethical analysis...” because they are viewpoints from which guidance can be obtained in the interests of determining “...what counts as acting ethically...” (The
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456 Rules of Ethical Decision Making 100% 789 Laws Affecting Business Commerce 100% 101112 Laws Affecting Business Occupation 100% 131415 Laws Affecting Business Organization 100% 161718 Concept: Stakeholder Influence Mastery 67% Questions 123 Materials on the concept: Stakeholders and Business Ethics 1. Which of the following people or groups supply a company with productive resources and are affected by the way a company does business? A. Stakeholders B. Customers C. Employees D. Managers Correct
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Part I: Capitalism 1.1 Introduction According to an online article entitled “ Reflections on capitalism” : The word “capitalism” was popularised by Karl Marx in the middle of the 19th century .It is a social ‚ political as well as an economic system that countries use to guide their development programs and economic policies. Almost all the worlds countries are currently running their economies on capitalist inspired doctrines ‚this fact testifies to a great extent of the many advantages and viability
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Ethics and Social Responsibility History In a business sense ethics emerged in the 1970s but social responsibility actually emerged in the 1950s when organizations began believing that they should be operating in a way that would increase the benefits and reduce or eliminate harms caused by their operations (Perks‚ 2011). In light of the recent ethical scandals of organizations such as Enron this has really become a vital part of organizations. Further‚ over the last 60 years businesses have
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Business Law and ethics Subject: The objective of this report is to highlight the importance and need of ethics‚ ethical leadership and organisation behaviour. The report is based on the speech of Michael Hackworth. Leadership in fairness and honesty makes good business sense. Organisation behaviours‚ culture‚ values‚ management style and ethics‚ all of them make a combination on which company success and failure depends. Every company in the world start by stating the mission‚ objectives
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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 any decision. Kentucky
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-What does the word ethics mean to you? To me‚ ethics are founded standards of right and wrong. -Why are employees and the public cynical about the ethics of business and its leaders? How does cynicism affect your thinking as an employee‚ manager‚ or business student? They are cynical about it because they believe that not everyone is representing their true motives. Cynicism can affect the overall functionality of a company. People that are cynics about business ethics tend to not trust
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Professor Seymore Acct 261 (Business Law I) 4 February 2010 Business Ethics Violation Business ethics focus on what behaviors that are right and wrong in the business world. While business ethics violation is a reoccurring act of criminal or civil issues that often happen in the business world. It is defined as someone whom violates the law with a negative impact on the suppliers‚ consumers‚ and the society. Impacts such as accounting fraud‚ conspiracy‚ and securities fraud would be considered
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Business ethics and sustainability Tata Steel Ltd. – a case study What is business ethics and sustainability ? Business ethics Business ethics (also Corporate Ethics) is defined as the accepted set of moral values and codes of conduct applied in business practice and decision making. These applied ethics or professional ethics are defined by its business or corporate policies and is corporate standards of a business organisation. Business ethics means ‘taking the right course’. Acting ethically
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