Discuss and illustrate the classifications of ethical issues discussed in the text. According to the textbook‚ Business Ethics: Ethical Decision Making and Cases‚ an ethical issue is “a problem‚ situation‚ or opportunity that requires an individual‚ group‚ or organization to choose among several actions that must be evaluated as right or wrong‚ ethical or unethical” (Ferrell 65). There are fifteen basic classifications of ethical issues in business that can be broken down into three categories
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Individuals who are engaged in international business transactions have reported a cultural component to ethics. You are working on opening a branch of a food distribution operation in a foreign country‚ and a local official suggests that a little cash would help your company get started. Research international business and ethical standards‚ and answer the following questions: Q 1. In what ways can culture affect ethical standards and shape business behavior? A. In a way that some countries ethics
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CORPORATE ETHICS POLICY ETHICAL FOUNDATIONS ADOPTED MAY 2012 The Sanctum of Questions and Answers Consulting Firm exists wholly to provide consultative services to non-profit organizations that provide philanthropic solutions to less fortunate individuals. The CEO‚ CFO and COO of SQA Consulting stand firm in our belief that the non-profit organizations that we consult for commissioned our services because of our willingness to conduct our business in a way that provides open-ended transparency
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to Sunny Stone‚ manager of culture activities for Southwest’s Dallas‚ Texas office‚ the core values at Southwest Airlines are; Value profitability‚ low cost‚ family‚ fun‚ love‚ hard work‚ individuality‚ ownership‚ legendary service‚ egalitarianism‚ common sense‚ good judgment‚ simplicity and altruism. There are five basic principles: Focus on the situation‚ issue‚ or behavior – not the person. Maintain the self-confidence and
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the more ethical issues appear. At best‚ even when MNCs are dealing with one only one culture‚ they are already facing ethical difficulties; as they encounter two or more different cultures‚ it would become extremely problematical. Hence‚ multi-national corporations (MNCs) face more challenges than ever before in the cultural contexts and different countries they operate due to different ethical and moral standards among different countries. Hence‚ MNCs are often under a dilemma with ethical difficulties
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How is heroism recognized in the real world? How is the ability to persist and to be brave important to our daily lives? When someone goes through a difficult situation or problem with bravery and perseverance and attempts to come out of the situation making the world a better place‚ it makes them of a heroic nature. Anyone could be apprehensive and give up‚ but it takes a real hero to have courage and press on. Because heroism involves courage and perseverance‚ a hero must be brave and persistent
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Media vs. Real World Problems The media influences nearly everything and everyone in America and around the world. Television shows‚ music‚ and movies cloud our minds. Therefore‚ we don’t know about even half of the world’s problems. While children in Africa are starving and dying from contaminated water we sit around and watch MTV. The media should use its power to bring real world problems to light. In the political cartoon simply titled “Miley Cyrus” we see the problem with media and it’s
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1. Is Business Bluffing Ethical? By Albert Z. Carr 2. What is Carr’s central claim? “Business…is a game that demands both special strategy and an understanding of its special ethics.” (p. 60) One of these strategies involves calculated lying in the form of bluffing. These special ethics are different from “church ethics” such as honesty‚ integrity‚ and decency. This appears to be a wide-sweeping claim. Bluffing is widely practiced in business‚ and bluffing = “calculated lying.” This means that
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“The Super Six” focussed our research on the problem of ethics and actuarial science. As Sholom Feldblum states “The actuary has a dual role: an objective professional providing guidance on insurance issues and a business manager promoting the goals of an insurance company” (Sholom Feldblum‚ pg.1). The purpose of our research was to determine the most common ethical problems an actuary faces‚ and the most appropriate methods to solve these problems. Solutions were necessary so that our stakeholders
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“Real world” negotiation reflection Introduction As the senior manager‚ I finish the annual performance evaluation of my team members in January. After finishing evaluation I will hold interviews with them‚ talk about their efforts and the plans for this year. Lilly is one of my team members with a better knowledge of the logistics industry. Based on her performance in 2012‚ her annual performance is rated B+ and she can get 8% increase in year-end bonuses. In addition‚ I plan to promote her
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