1. What is ethics? Ethics‚ also known as moral philosophy‚ is a branch of philosophy that involves systematizing‚ defending and recommending concepts of right and wrong conduct.[1] The term comes from the Greek word ethos‚ which means "character". 2. What is business ethics? Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It
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Ethics MGT/498 September 26‚ 2013 Ethics In business there will always be the line to act with integrity or to lie‚ cheat‚ and steal. Famous author Douglas Adams once said‚ “To give real service you must add something which cannot be bought or measured with money‚ and that is sincerity and integrity” (Heathfield‚ n.d). The priority of any business is to serve the needs and wants of the customer and more important his or her stakeholders. Any business decision made in major corporations must
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Strategic ethics and social responsibility are two of the most important‚ yet perhaps most misunderstood concerns in the world of business today. By their very nature‚ these fields are controversial‚ and there is no universally accepted approach for solving their questions. On the other hand‚ government is encouraging organizational accountability for ethical conduct‚ and organisations are being asked to prevent and control misconduct by implementing ethics programs. By defining strategic ethics‚ we can
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STATE OF ETHICS AND ETHICAL PRACTICES IN CHEVRON Table of Contents Executive Summary vi 1.0 Introduction 1 1.1 Origin 2 1.2 Objective 2 1.3 Scope 2 1.4 Limitation 2 1.5 Literature Review 3 1.5.1 The evolution of codes 3 1.5.2 Signs of Code Effectiveness and Success 3 1.5.3 Ethics Management 4 1.6 Research Methodology 5 1.6.1 Research Method 5 1.6.2 Data Collection Method 5 2.0 Company Overview 6 2.1 Company Roots 6 2.2 Global Scope 6 2.3 Technology and Emerging Energy 6
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Ethics Legal and Ethical Responsibilities Paper Brian Ruddick MGT/567 Nov 13th‚ 2012 Dr. Burgoon Legal and Ethical Responsibilities Memo To: Company owner From: VP of Human Resources Subject: Reduce incentives and layoff proposal Sir‚ as VP of Human Resources‚ I would advise you to highly reconsider your proposal to reduce incentive payments for salespeople and implementing a month-long layoff for all production workers. Although you are legally within your rights to do so‚ however from
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Transnational corporations‚ CSR and the course of Maersk Roskilde University Corporate Social Responsibility & Business Ethics Autumn 2011 Anders Buch Nielsen 1 Table of content ABSTRACT INTRODUCTION PROBLEM AREA PROBLEM FORMULATION METHODOLOGY DELIMITATIONS THEORETICAL PART A. P. MOELLER MAERSK GROUP CASES AGAINST MAERSK CONCLUSION REFERENCES 3 4 5 5 5 6 7 10 11 15 17 2 Abstract Corporate Social Responsibility (CSR) has become the new buzzword and a key differentiator which companies
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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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In recent years‚ the concept of ethics and social responsibility are essential in the business world as society is increasingly paying attention on the social responsibility of the companies and the ethics of their managers. According to Post et al (1996)‚ ethics refers to standards of behaviour and moral judgement differentiating right from wrong. In addition‚ Bartol et al (2003) defined managerial ethics as “standards of conduct and moral judgement managers’ use conducting their business”. The
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MAURICE A. MCKOY TRIDENT UNIVERSITY CASE STUDY 2 Case Study Business Ethics In the past there have been several cases in the business environment related to the practices of accountants and auditors who have violated the trust and confidence of public. A number of researches have been conducted to find the potential factors resulting in unethical‚ biased or inappropriate decision making and judgments by the professionals. The aim of this paper is to review two academic articles and conclude
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Ethics Essay Ethics Essay In life one must deal with moral and ethical dilemmas. “Ethics is defined as the discipline dealing with what is good and bad and with moral obligation” (Merriam-Webster Dictionary‚ 2013). It studies human moral behavior and how one should act. Ethics helps to explain how a person should feel about a particular situation. There are several groups of studies of ethics that defend and recommend concepts of right and wrong. The focus of this paper will be to describe
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