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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Introduction As economies continue to integrate due to globalisation and formally closed economies like India and China march toward total liberalisation‚ entrepreneurship is on the increase. A close analysis of developed and industrialised economies indicates a common denominator that stands out amongst all of them‚ which is the important role played by entrepreneurship and entrepreneurs in such economies. This phenomenon has proved to us that if an economy is to develop fully‚ entrepreneurship
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Tourism is an integrated system where all the elements are linked taking into account the relationships between tourism and economic‚ social‚ cultural and physical environment. In order to develop Strathnagar village as a sustainable tourist and habitable destination‚ a harmony is required between the needs of a visitor‚ the destination and the community. Tourism creates an incentive for environmental conservation‚ preservation of sensitive areas. There are many examples from Scotland where
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my first action towards any discussion with regards to the planets sustainability and what can be done to improve such a controversial issue; whether it is a discussion with another person‚ an interview on the television‚ or just an article I have come across in a newspaper or magazine it has always seemed easier to distance myself from the issue rather than come to terms with the fact that the way in which I live my life and how I treat the planet with the things that I buy and use could be contributing
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excellent services to investors and clients. Its progressive approach to the community and the earth sets it apart from other banks. Green Banking is a general term which can cover a multitude of areas from a bank being environmentally friendly to how and also where their money is invested. It is not just another corporate social responsibility (CSR) activity. Green Banking which considers all the social and environmental factors is also called ethical banking. Ethical banks are started with
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Pursuing Education Gary Douglas ENG 121 English Composition I Craig Smith 11 February 2012 Why did you wake up this morning? Is there a specific reason? Life is full of activities and experiences. It is important to examine why we partake in these activities and deliberately place ourselves in specific situations. I have made the choice to pursue an education because it will help my career‚ it will make me a better person‚ and I believe it is a goal everyone should
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Question 1: Identify three ethical principles that you personally believe reflect “natural laws” that are self-evident and that all people ought to ascribe to. If you don’t personally believe that there are any such principles‚ then identify three such ethical principles that are incorporated into one or more religions (such as the Golden Rule). 1. We all should treat others how we would want to be treated (Golden Rule). 2. Accept that all people are not the same and don’t judge people because they
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Understanding Indian Economy The economy of India is currently the world’s fourth largest in terms of real GDP (purchasing power parity) after the USA‚ China and Japan and the second fastest growing major economy in the world after China. India’s annual growth rate is above 8% while that of China is about 10%. India is a developing country and our economy is a mixed economy. In a mixed economy the public sector co-exists with the private sector. Dadabhai Naoroji is known as the Father
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Solar Energy: Earth’s Future Imagine our planet with clean‚ fresh air. No pollution throughout our whole world. This image is a possibility‚ using solar energy. Solar energy is the harnessing of the sun’s energy and converting it into energy that we can use to accomplish tasks. Everybody should get involved in solar energy because it helps improve our environment‚ is efficient in terms of saving money and time‚ and helps us prepare for the living of future generations. Solar energy is becoming
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Sustainability issue of companies Yue Zhang Delaware Stare University Pfizer Pfizer is a company with 150 years of history in research-based multinational pharmaceutical company. Pfizer for human and animal health discovery‚ development ‚ production and markets leading prescription medicines ‚ and many of the world ’s most well-known consumer products. The new Pfizer by Pfizer and Pharmacia have a hand in the creation of an unprecedented scale
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