The Open Polytechnic of New Zealand Trimester 1‚ 2013 71203 Business Ethics Assignment 1 Weighting: This assignment is worth 35% of your final mark. Due date: Your completed assignment must reach the Open Polytechnic by Tuesday‚ 2 April 2013. Instructions 1. This assignment is based on the course material and readings in Module 1. You should draw on a topic in a later module only if it is relevant to the situation you choose for Part B of the assignment. Complete Part A and Part B‚ following
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the company and in the following part‚ we will indicate more on the ethical and unethical issues with the example of Sanlu Group. 1.2 Ethical and unethical issues Business ethics is defined as the study of moral and social responsibility in relation to business practices and decision-making in business. In other word‚ ethics is conforming to the standards of behavior that widely accepted by the social. Ethical behavior can base on three areas in making managerial decision. First‚ choose about
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When explaining the role of ethics and social responsibility in developing a strategic plan‚ the stakeholders need to be considered. So it’s not just customers and employees now you have these people who have invested in your company. “Each of these interest groups has justifiable reasons for expecting (and often for demanding) that the firm satisfy their claims in a responsible manner. In general‚ stockholders claim appropriate returns on their investment; employees seek broadly defined job satisfactions;
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Ethics is one of the most important topics that we have covered in this course. It is very important in the field of Business as we often encounter complex situations that will often involve an apparent mental conflict between moral imperatives‚ in which choosing one would result in discarding the other. But ethics is one thing that cannot be neglected in a Business scenario. Being unethical might fetch you results in the short term but in the long term it might hamper your growth or it might be
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supervisor. As a result‚ serious issues were raised as to whether Zarley acted ethically and legally in that instance. Ethics and law are closely intertwined as both are focused on what is right and wrong. Ethics are principles that guide a person’s actions‚ while the law enforces those principles to prevent immoral behaviour. In regards to the case‚ Zarley’s
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The movie ends with a rhetorical question‚ "Who do you want to see go first‚ you or them?" This is accompanied by a cartoon tombstone‚ which reads "Ronald McDonald (1954-2012)‚" which originally appeared in The Economist in an article addressing the ethics of marketing toward children.[10] A short epilogue was added to the DVD describing McDonald ’s discontinuation of the Super Size option six weeks after the movie ’s premiere‚ as well as its recent emphasis on healthier menu items such as salads‚
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Cited: "Ponzi" Schemes." U.S. Securities and Exchange Commission | Homepage. SEC‚ n.d. Web. 31 Oct. 2012. . Jennings‚ Marianne. Business ethics: case studies and selected readings. 7th ed. Cincinnati: West Educational Pub.‚ 2012. Print.
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A business cannot claim to be ethical firm if it ignores unethical practices by its suppliers – e.g. * Use of child labour and forced labour * Production in sweatshops * Violation of the basic rights of workers * Ignoring health‚ safety and environmental standards An ethical business has to be concerned with the behaviour of all businesses that operate in the supply chain – i.e. * Suppliers * Contractors * Distributors * Sales agents The two articles below
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Workplace - Victorian Equal Opportunity and Human Rights Commission. [ONLINE] Available at: http://www.humanrightscommission.vic.gov.au/index.php/workplace-discrimination/type-of-discrimination. [Accessed 20 September 2013]. 4. YouTube. 2013. Business Ethics Through Film: Monsters Inc.. [online] Available at: http://www.youtube.com/watch?v=CUCSK1QFwts [Accessed: 01 Oct 2013]. 5. Disney 2013. [online] Available at: http://disney.wikia.com/wiki/Monsters‚_Inc. [Accessed: 01 Oct 2013].
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Case Study #2 The “White Coffin” Dilemma GSM 5131 BUSINESS LAW & ETHICS 1 Story Outline • Aminah‚ quality senior manager of Good Food Packaging S/B (“the Company”) which manufacture polystyrene‚ plastic & foam food container in SK. • Recently‚ she been told & found that her company‟s product will cause adverse effect to human health. • She now very much concern with this issue‚ and management of the Company also been notified. They want Aminah to just „close one eye‟ and not reveal to
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