1. ETHICS‚ VALUES‚ AND ATTITUDES Ethics is a set of beliefs about right and wrong behaviour. Ethical behaviour conforms to generally accept social norms. Ethics is a philosophical study of the moral value of human conduct and of the rules and principles that ought to govern it. A social‚ religious‚ or civil code of behaviour considered correct‚ esp. that of a particular group‚ profession‚ or individual. Under this is: * A virtue is a Habit that inclines people to do what is acceptable.
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achieving competitive advantage at Ryanair? Ryanair competitive advantage is based on cost leadership strategy‚ maintaining the lowest prices among low-cost airlines (Haberberg and Rieple‚ 2008). In 2011‚ Ryanair became the most profitable low cost carrier in the world (www.ryanair.com). How operations support competitive advantage of Ryanair is measured by five performance objectives: speed‚ flexibility‚ quality‚ dependability and low cost (Greasly‚ 2009). Speed: Ryanair is focused on secondary and
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answer in… (Ans: space below) Then choose if statement is true or false (1pt ea) Total points (3pts) 6. (Blank) at the top levels of an organization report feeling the most pressured to compromise their ethics. Ans: Mangers Response: See page 4. 7. The interest in (blank) ethics is just a fad that has only recently been created by popular scandals (i.e. Enron‚ WorldCom‚ etc.) reported in the news. Ans: business Response: See page 7. 8. According to the authors‚ most people are
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airline’s development up until 2010‚ meant to serve‚ for years to come‚ as a reference work. This year‚ Air Scoop is publishing an updated report on Ryanair’s Business Model‚ with a new task in mind. Starting from what was built last year‚ the 2011 Ryanair report has been conceived with a double objective in mind: to provide readers with a brief‚ compelling‚ synthesis of Ryanair’s business model and highlight new elements and evolutions in Ryanair’s skies. In no way is that report intended as a replacement
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ITESM CQ María José Ramos A01201871 15/January/2013 Article Reflection Article 1 “Ethics in everyday life” Quote I chose the quote “You also have to take time to think about why it is the right thing” this quote with the context of the text is certainly true. Just because all the people including your parents act in certain ways for specific situations‚ it doesn´t mean that it´s the right thing to do. And if you act like you have always seen just to follow everybody else‚ in my opinion is
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5. FAIRNESS. Ethical executives strive to be fair and just in all dealings. They do not exercise power arbitrarily nor do they use overreaching or indecent means to gain or maintain any advantage nor take undue advantage of another’s mistakes or difficulties. Ethical executives manifest a commitment to justice‚ the equal treatment of individuals‚ tolerance for and acceptance of diversity. They are open-minded; willing to admit they are wrong and‚ where appropriate‚ change their positions and
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The case regarding Fashion First is a very interesting case as it allows for a discussion to take place in relation to ethics. Ethics could be defined as moral principles that govern a person’s or group’s behavior. In other words‚ ethics allow for individuals to distinguish between right and wrong‚ and to make decisions based on what is right or wrong for any particular situation. In this situation‚ Sandy‚ the part-time bookkeeper of Fashion First is approached with a situation where she noticed
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Involvement) LEARNING OBJECTIVES (TOPIC 3) After completion of this topic‚ you will be able to: 1. Describe the main ethical theories and apply it to business scenarios © iStockphoto.com/Dan Bachman ETHICAL THEORIES Three periods in history of ethics Greek period (500 BC-AD 500) • The man who performed his duties as a citizen = good man • Greeks – “Man is the measure of all things” – he decides for himself what is right and wrong • Socrates‚ Plato and Aristotle emphasised the need and importance
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strategies to develop a better future for Ryan Air. As this report addresses different aspects of Ryan Air with the help of Porter’s 3 Generic Strategies and the justifications using the value chain model has helped in the analysis of the real focus of RyanAir. This report also addresses the various control systems with the implementation of the strategy for Ryan Air together with the leadership styles of Michael O’Leary. As he plays a big role in the company in cost management and many other strategies
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Kitchener‚ K.S. (1985). Ethical principles and ethical decisions in college student affairs. In H.J. Canon & R.D. Brown (Eds.)‚ New directions for student services: Applied ethics in students‚ no. 30. San Francisco: Jossey Bass. Based: Beauchamp‚ T.L. & Childress‚ J.F. (1979). Principles of biomedical ethics. Oxford: Oxford University Press. Ramsey‚ P. (1970). The patient as person. New Haven: Yale University
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