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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References: Telenor Group. (2007) DiGi wins CSR Award. [Online] Available from: http://www.telenor.com/media/articles/2007/digi-wins-csr-award/ [Accessed: 15th November 2013] SoyaCincau. (2009) DiGi does charity with power of the web. [Online] Available from: http://www.soyacincau.com/tag/digi-corporate-social-responsibility/ [Accessed: 15th November 2013] DiGi
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Wal-Mart Business Ethics RES/351 09/10/2012 Sara Skowronski Wal-Mart Business Research Ethics "The real problem today is the ineffective and inconsistent oversight of professional boxing‚ which has led to continuing scandals‚ controversies‚ unethical practices‚ and unnecessary injuries and deaths in the sport‚" once quoted by Charles W. Pickering. Wal-Mart has developed to become one of the biggest retail store in the world. Being one of America ’s biggest
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Ethical Behavior in Business Ethical Behavior in Business Ethical behavior refers to behaviors that are appropriate. Ethical behaviors are based on morals. An ethical behavior is considered the right way to behave. It involves selecting the right from wrong. People have to conform to the standards set by the organization by choosing what is right and what is wrong. Business ethics is a kind of applied ethics or professional ethics that is aimed at examining the ethical
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Nike Ethical Dilemmas Ethical Audit Report Table of Contents Nike Ethical Dilemmas 1 Ethical Audit Report 1 Executive summary 2 Purpose of the Report 2 A Snapshot of Nike’s Business Ethics 3 Ethical Dilemma’s Facing Nike 4 Nike’s Best Ethical Practices 7 Conclusion 8 References 9 Executive summary As globalization increases the scope of the Multinational Companies (MNCs) to penetrate the market both for cost effective
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organising‚ leading and controlling. Traditional vs. Modern Perspectives The practice of management can go back as far as 3000 BC. It developed over thousands of years from Traditional style of management to Modern today. Traditional Perspectives Traditional Perspectives includes (Samson & Daft‚ 2009): 1. Classical Perspectives – concentrates on making the organisations an efficient operating machine. 2. Humanistic Perspectives – emphases understanding human behaviour‚ needs and attitudes
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Business Ethics versus Military Ethics June 18‚ 2005 Business Ethics versus Military Ethics "The ultimate basis for ethics is clear: Human behavior has consequences for the welfare of others. We are capable of acting toward others in such a way as to increase or decrease the quality of their lives. We are capable of helping or harming. What is more‚ we are theoretically capable of understanding when we are doing the one and when the other. This is so because we have the capacity to put ourselves
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set it going and who takes the necessary teps to accomplish that purpose. This definition is clearly somewhat general. In Whaley Bridge Calico Printing Co vs green (1880) 5QBD 109‚ Browen J said; “ The term promoter is a term not of law‚ but of business usefully summing up in a single word a number of
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Legalizing Marijuana: An Ethical Perspective In today’s society‚ many ethical concerns arise on a daily basis‚ especially when it comes to the topic of legalizing marijuana. Many individuals have relied on the fact that marijuana was illegal‚ when determining whether smoking it should be considered unethical. However‚ many studies have shown that the effects of marijuana are not as detrimental as they were once made out to be. Legalizing marijuana can be an extremely controversial topic because
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the author has introduced some new management/leadership concepts from those successful Christian leaders’ many years of experience‚ in order to help other Christian managers to learn. I think this is a very interesting book and fresh view for business student‚ especially for unchristian students. Since I came from China that Christian is not very popular in there‚ I am not familiar with this religion. So there are many management ideas in the book make me very interesting in. For instance‚ in
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