Business Ethics Some people say that ethics do not have anything to do with business. Others say that businesses have moral obligations that go beyond just functioning according the law and doing what is best for the company and its shareholders. Business ethics examines ethical principles‚ ethical problems and obligations that apply to people doing business. Companies have the obligation to ensure that their actions cause as little harm as possible to the environment‚ society and employees. It
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71203 Business Ethics Assignment 1 Drawing on ethical theory to critique a claim. Businesses putting something back into the local community... ...Morally obligatory - or not? Utilitarian and Kantian Moral Theory Viewpoints Tanya Lundie 9118692 27 March 2009 Rainbow (2002) describes ethical theories as being “...the foundations of ethical analysis...” because they are viewpoints from which guidance can be obtained in the interests of determining “...what counts as acting ethically...” (The
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Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual”s actions also apply to business. Acting in an ethical way involves distinguishing between “right” and “wrong” and then making the “right” choice. It is relatively easy to identify unethical business practices. For example‚ companies should not use child labour. They should not unlawfully use copyrighted materials and processes. They should not engage in bribery. However‚
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and 10 1. When operating a business in the current environment‚ holding on to a promise to run an ethical business can be very challenging. 2. Globalization can be seen to have an upside and a downside. 3. All of the following are arguments advocates use to promote the downside of globalization‚ except: globalization brings unprecedented improvements in wealth and standards of living. 4. Which of the following is NOT an objective of departmental ethics training? Comparing the ethical
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Global Business Case Study – ALDI Executive Summary This report will discuss the nature of ALDI‚ investigate the classification of ALDI‚ outline the responsibilities ALDI has to its stakeholders and explore the internal and external influences that have contributed to ALDI achieving business success within Australia. It will also evaluate the expansion of ALDI into Australia and give a recommendation of strategies that would be appropriate for ALDI to ensure future growth. The nature of ALDI’s
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Case Study 1 – Harry goes it alone Harry was really bored with his job as second chef in a top-of-the-market hotel. He was also tired of being ordered around by the manager and the head chef. He never liked taking orders and had always hoped to use his talents preparing food for customers in his own restaurant. The main problem was his lack of business experience. Harry had just been to a business conference with a friend of his and had been interested in the franchising exhibition there. One
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CHAPTER 2 BUSINESS ETHICS CONCEPTS & CASES ADITYA AKBAR ENDRY M SINATRYA RIANDIKA SYACHRIAL SELY DWIYANI Based on Business Ethics Manuel G. Velasquez UTILITARIANISM ACTIONS AND POLICIES SHOULD BE EVALUATED ON THE BASIS OF THE BENEFITS AND COSTS THEY WILL IMPOSE ON SOCIETY. THE ONLY MORALLY RIGHT ACTION IN ANY SITUATION IS THAT WHOSE UTILITY IS GREATEST BY COMPARISON TO THE UTILITY OF ALL THE OTHER ALTERNATIVES . we begin with a discussion of apartheid-era South Africa and Caltex‚ an American
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It is not uncommon that Samsung ’s smart phones are used everywhere in all walks of lives‚ including students‚ workers and officers. Its advertisements of the newest model of smart phones are also shown in TV‚ magazines most of the days‚ if not all. Samsung is one of the largest information technology company‚ sharing almost all market shares with Apple‚ it’s major competitor. With making US$30 billion dollars net income per year‚ however‚ it may be hard to imagine that Samsung is submerged into
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Top of Form Bottom of Form One major issue related to holding computers hostage would be privacy. That someone can collect and the use or misuse an individual’s personal data‚ which is amassed and stored in a computer system‚ should be troubling to everyone. Consumers feel that they should not have to divulge their personal information unless absolutely necessary. When they do share their personal information they feel it should be treated with the utmost confidentially. This makes someone basically
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Recommendation 9 Conclusion 10 References 11 1.0 Introduction All of companies should be use the ethical decision to development their business on the right way because it’s a behavior of company showing to the publics and also responsible to social or public. The decision of company might be influence the company and public if they are taking the unethical idea to run for business. Therefore‚ the decision makers have to consider the benefits of company and to avoid the bad influence for public before make
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