What is ethics? Ethics is concerned with what is right or wrong‚ good or bad‚ fair or unfair‚ responsible or irresponsible‚ obligatory or permissible‚ praiseworthy or blameworthy. It is associated with guilt‚ shame‚ indignation‚ resentment‚ empathy‚ compassion‚ and care. It is interested in character as well as conduct. It addresses matters of public policy as well as more personal matters. (http://www.onlineethics.org/Education) In business ethics is applied and practiced in all levels however
Premium Ethics Business ethics
MBL926S BUSINESS ETHICS ASSIGNMENT 2 PREPARED BY STUDY GROUP CEN011A FOR MR MAHARAJ STUDY GROUP MEMBERS - CEN011A NAME STUDENT NUMBER CONTRIBUTION Arnold Lukoto 73026379 100% Cicelia Van Rooi 71119183 100% Dingaan Masango 32700113 100% Gerardt Viljoen 72997737 100% Hansie Wessels 72903902 100% Hennie van Tonder 72999055 100% Khunou Kgame 72781238 100% Nhlanhla Mkhwanazi 72538732 100% Terence Israel 72887435
Premium Ethics Business ethics
HOME DEPOT‚ INC. IN THE NEW MILLENNIUM Question 1: Estimation of intrinsic value of Home Depot’s stock as of Feb 1‚ 2001 To simplify the question‚ let’s Supppose ROE of Home Depot Inc would be constant during the following years as 20%: β=1.09 Re=Rf+β(ROE-Rf)=5.99%+1.09*6.5%=12.97% By doing this we assume: the Market risk premium during 2001 would be 6.4%. Acctually‚ according to the lecturer‚ the risk premium during year 1998-2008 should be within the range of 4% to 8%. Therefore the
Premium Investment Stock market Generally Accepted Accounting Principles
LAW & ETHICS IN THE BUSINESS ENVIRONMENT 6e Test Bank Revisions for the 7th edition by Eric D. Yordy‚ The W. A. Franke College of Business at Northern Arizona University CHAPTER 1 Law‚ Ethics‚ Business: An Introduction Questions 1. Select the best definition of ethics: a. a fairly clear cut set of guides for decision making. b. a set of relatively unclear principles regarding what we must do. c. a set of relatively unclear principles regarding what we should do. d. religious views
Premium Decision making Ethics Decision theory
Determine the impact of this event on ARC’s “benefits of business ethics” (employee commitment‚ investor loyalty‚ customer satisfaction‚ and bottom line). A survey conducted by NBES indicated that 79 percent of employees agree that ethics is important in continuing to work for their employer while approximately 20 percent of employees are not concerned about the ethical environment of the organization. According to Ferrell & Faedrich (2010)‚ a commitment by the organization to goodwill and
Premium Management Strategic management Business ethics
PROJECT ONE Home Improvement Vanessa Emerson‚ MJ Garren‚ Denise Jackson‚ Corey Pierce‚ & Eric Ponce GLOBAL AND GENERAL EXTERNAL ENVIRONMENT Social * A rising immigrant population in the U.S. is expected to increase the demand for new homes‚ benefiting building material suppliers ("Lowe’s Companies‚ Inc."). * Remodeling does not generate as much of an economic increase as the housing turnover normally does since homeowners spend half as much on remodels as they would if they were
Premium Consumer Product Safety Commission Home improvement Lowe's
United States vs. Iverson CH2O is a company that blends chemicals to create products such as acid cleaners‚ and then ships the blended chemicals in drums to the customers. After the drums containing the chemicals reaches the customer‚ CH2O asked that the customer returned the drums to be reused. Once the drums were returned‚ the company cleaned the drums themselves‚ and wastewater was produced in the process. Because the local sewer authority would not accept the wastewater‚ CH2O discharged
Premium Business ethics Ethics Decision making
Amtrak’s Case Study LS312: Ethics and the Legal Environment Unit 4: Assignment Kaplan University Professor Bill Mulherin January 3‚ 2013 Amtrak’s Case Study Corporate social responsibility can create big problems if corporations do not handle difficult situations properly‚ especially when there are accidents involved. According to the eGuide to Ethics and the Legal Environment chapter 2‚ “CSR is a business practice that demands that business organizations look to the effect their decisions
Premium Business ethics Corporate social responsibility
documents this lifestyle ’s drastic effects on Spurlock ’s physical and psychological well-being‚ and explores the fast food industry ’s corporate influence‚ including how it encourages poor nutrition for its own profit. The reason for Spurlock ’s investigation was the increasing spread of obesity throughout U.S. society‚ which the Surgeon General has declared "epidemic‚" and the corresponding lawsuit brought against McDonald ’s on behalf of two overweight girls‚ who‚ it was alleged‚ became obese as
Premium World Trade Organization Fair trade Nokia
BUSINESS ETHICS DEFINITION 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 applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has both normative and descriptive dimensions. As a corporate practice and a career specialization‚ the field is primarily normative. Academics attempting
Premium Ethics