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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HR RELATED ETHICAL ISSUES INTRODUCTION: Ethics refers to a system of moral principles - a sense of right and wrong‚ and goodness and badness of actions and the motives and consequences of these actions. In the business‚ businessmen must draw their ideas about what is desirable behavior from the same sources as anybody else would draw. Ethical values channelize the individual energies into pursuits that are benign to others and beneficial to the society. Ethical issues abound in
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Business Ethics – Assignment 1 1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse‚ but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model‚ the sales representative is not sure that the subsequent
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BUSINESS ETHICS ASSIGNMENT – TASK 3 CONTENTS Introduction………………………………………………………………………………………………………….…Pg 3 Background on Asia Pulp and Paper Co’…….………………………………………………….……..Pg 4 Question of Ethics – Deforestation and Illegal logging……………………………………….…Pg 5 Wildlife Extinction…………………………………………………………………………….……………………Pg 6 APP becoming sustainable…………………………………………………………………….……………….Pg 8 Recommendations to live and operate sustainably ……………………….…………………….Pg 9 Ethical code for APP……………………………………….……………………………
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“Corruption is authority plus monopoly minus transparency.” "Power does not corrupt men; fools‚ however‚ if they get into a position of power‚ corrupt power." These words of aptly describes the scale of damage of corruption. The article “No business like politics in India” provides us just with the tip of Iceberg. It shows a clear evidence of politicians amassing huge wealth during their tenures which is not possible through their government salaries. It should be noted that the ADR has only
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Chapter 3: What‚ in your view‚ makes a company “good” or “bad”‚ particularly if you start with the idea that ethics is an important part of your evaluation? Why? According to the Webster’s dictionary‚ good is defined as a favorable character or tendency. Every company has the option of being good or bad. One wrong move can turn a good company bad and one right move can turn a bad company good. Companies that use cheap labor versus companies that use high paid‚ highly educated labor are not bad
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Written Assignment #1 Business Ethics: Written Assignment #1 1. What are the ethical issues? In this situation there are many ethical issues to consider. First of all the whole story is about Jane‚ the superior of Ralph who has a problem with alcoholism. The request from the detoxication center is the first ethical issue for Jane. If she urges Ralph to submit this blood test he would probably be known as an alcoholic and eventually saved in an industry wide database. Due to the fact that
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Business Ethic Journal 2013 Semester Souphasay Thiravong Wal-Mart Lack of compassion Wal-Mart is company No. 1 in the world. It has the most revenue over any other company ($421 Billion). But its riches equal its controversies. This story is probably the most apt at describing the unethical treatment of its workers‚ because of the sheer senselessness of it. In 2000‚ a collision with a semi-trailer left 52-year-old Deborah Shank with permanent brain
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December 6‚ 2012 MGMT 382 TTH10 Business Ethics Final Management in any given industry has to make ethical decisions. In an industry with recurring demand‚ it is the responsibility of management to balance the operations of the firm while making sure the company’s reputation is protected. When trying to figure out what is the most ethical decision‚ management will unavoidably impact all their employees’ lives. Nonetheless‚ an ethical decision must be made to satisfy the needs of the owner
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Mergers & Acquisitions: Hostile takeovers and defense strategies against them Bachelor thesis Samim Zarin 880825-5171 Erik Yang 890422-1176 Tutor: Harald Dolles Department of Business & Administration International Business Spring 2011 1 Bachelor’s Thesis in International Business Title: Mergers & Acquisitions - Hostile takeovers and defense strategies against them Author: Erik Yang and Samim Zarin Tutor: Harald Dolles Date: [2011-07] Keywords: Hostile takeover
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