clients across 54 countries today. The business model at Wipro Technologies Ltd is an industry aligned customer facing model which gives greater understanding of customers’ businesses to build industry specific solutions. Stated Values of the Organisation In the mid-1970s‚ Premji decided to formalise the company’s belief system. Wipro was still a tiny company‚ with 450 laborers and 75 white-collar staff at the factory‚ and a skeleton crew of 12 people‚ including Premji‚ at the headquarters in Bombay
Premium Ethics Virtue Business ethics
1 ETHICS 1.1 Defining ethical behaviour Ethics is a philosophical term derived from the Greek word "ethos" meaning character or custom (Sims‚ 1992). Ethical behaviour is behaviour that is morally accepted as good and right‚ as opposed to bad and wrong (Wood‚ Zeffane‚ Fromholtz & Fitzgerald‚ 2006). An ethical dilemma requires a person to make a choice between competing sets of principles based on how morally good and right as opposed to how bad and wrong they are (Wood et al.‚ 2006). While striving
Premium
Applying Ethical Frameworks in Practice: Empirical Knowledge vs Personal Belief Phuong T. Tran Grand Canyon University Author Note A Week # 3 Assignment for “Ethical Decision Making In Health Care.” Applying Ethical Frameworks in Practice: Empirical Knowledge vs Personal Belief Nurses encounter ethical dilemmas in the workplace quite often‚ and though the author for one dislikes ethical dilemmas‚ the author is driven to resolve the dilemma due to their desire to achieve a favorable outcome for their
Premium Nursing Ethics Health care
imperative to have an ethical climate. Traditional commerce is fundamentally based upon performance and profit. With the ever changing workforce‚ it is imperative that organisations open themselves up to reorganisation‚ including the application of ethical and moral decision-making‚ and incorporating interest of ethics in the corporate structure. According to Victor and Cullen (1988 cited by Cohen 1993‚ p.343) organisational norms and values are means to show how ethical problems should be addressed
Premium Ethics Business ethics
Primark Questions: 1. What are business ethics? Business ethics are rules of conduct‚ principals‚ and patterns of behavior in business dealings that involve doing the right thing. An ethical business is a business which embraces universal morals and strives for equality of every job and workplace. Although laws and policies are different in every country‚ some have lower ethical standards than others which for example can promote child labor‚ unsafe workplace‚ and many other approaches which
Premium Ethics Business ethics
I would like to submit a write-up titled “Ethical Practices in Behavioral Interventions” for the Nature’s ‘review and perspective’ section‚ in which I have tried to explain the ethical issues related to the growing practices of behavioral tools to influence people’s choice and consequent decision such as nudge and default option with a few policy implications. My intent has been to bring this important issue into the public domain that will influence the concern of policy makers who are interested
Premium Debt Finance Management
Introduction………………………………………………………… 2 – 3 What is ethics...……………………………..………………………. 4 Two factors that determine ethical and unethical behaviour ……….. 5 - 13 Three roles management play in encouraging ethical behavior…….. 14 - 17 Reference….……………………………………………………….... 18 INTRODUCTION Ethical behaviour within organisations This paper describes what exactly ethics‚ which factors influences ethical behaviours and what can be done by managers in an attempt to encourage good ethical behaviours within organisations. In doing
Premium Ethics
Ethical business practices A Cadbury Schweppes case study Page 1: The importance of ethics in business Ethics concern an individual’s moral judgements about right and wrong. Decisions taken within an organisation may be made by individuals or groups‚ but whoever makes them will be influenced by the culture of the company. The decision to behave ethically is a moral one; employees must decide what they think is the right course of action. This may involve rejecting the route that would lead to
Premium Business ethics Ethics Social responsibility
reason is because of an overzealous pursuit of personal gain‚ wealth‚ and selfish interests. An example of this would be the use of a ponzi scam. The ponzi scam was is a scheme that was named after a man named Charles Ponzi. The idea of a ponzi scam is that it pays returns to investors from their own money or money paid by subsequent investors rather than from any actual profits earned. This was exactly what Bernard Madoff did. In 2008 Bernard Madoff was caught in one of the biggest ponzi scams in history
Premium Ethics Ponzi scheme Business ethics
Businesses have power through their ability to spend vast amounts of money. They have the ability to enhance or change situations that the common individual does not. As organisations affect many people‚ they have obligations to their employees‚ consumers‚ community and the world. They have a responsibility to conduct business in a way that is not harmful and which positively benefits as many people as possible and themselves. Although this sounds simple‚ it is easier said than done! as there will
Premium Business ethics Ethics