ON Basel III Norms SUBMITTED BY-- ABHISHEK BISWAS 11BSPHH010028 ACKNOWLEDGEMENT I extend our special vote of thanks to Prof. LAILA MEMDANI (Member of Faculty‚ Banking) for giving us the opportunity to work on this project by providing us with the basic guidelines of doing this project and have also highlighted its importance and relevance in the current day scenario. She has been instrumental in guiding us from time to time
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Course: Business ethics RACISM Racism itself is a sub-topic of discrimination. Racism is basically discrimination‚ or in simple words‚ hatred or disliking towards a human being because that certain person belongs to another culture or is of another colour which they may not like. Racism has been happening since the world has been made. Since beginning discrimination on very different occasions has been towards people‚ in which their fault is only
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1) Conscience is the practical judgment of reason on the rightness or wrongness of a moral act to be done if it’s right or to be avoided if wrong. It has primary and secondary moral principles‚ in which it has to be acted upon‚ which is to do good and avoid evil. Conscience requires practical application.Since morality is not only about knowing the good and the bad but also to be better and to be responsive to the good‚ man ought to practice his rightful conscience. This is done through prudence
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The issue of ethics has always been present in the field of business. At times‚ business ethics are considered as a justified approach by many who believe in ethics; however‚ at the same time many who do not agree differ with strong arguments. With regard to the problem under discussion I would like to put forward few of my arguments in favor of copy rights. Hence would like to adopt anti-piracy approach and will certainly support observance of strong ethics in business. Ethics means the ability
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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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Solomon’s ethical fundamentals are a good moral foundation for a business. “Business ethics is the study of what constitutes right and wrong (or good and bad) human conduct in a business context.” (p25) From the lecture‚ we know that ethics matters because “how organizations behave have important implications for how they fulfill their social and economic roles” and “their success as well as the success of their employees‚ customers‚ etc.” Thus‚ running a business ethically is good for business. Applying
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Ethics and International Business: Finding the Lesser Evil At the beginning of this course it was made apparent that the class was not meant to be a monologue by the instructor but a discussion. From the numerous discussions held in class‚ I have come to the belief that ethics in international business was the most significant topic discussed in this course. Ethics in international business and the outsourcing of labor is a prevalent issue that affects not only the United States and our nation’s
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Introduction In today’s society everyone strives for ‘political correctness’ and fair treatment in reference to race‚ religion‚ ethnicity‚ and gender without recognizing that the majority of American society still harbor biases which have been so ingrained that the behavior has become a social norm. One social norm is expressed through gender expectation of what is appropriate for males versus what is appropriate for females. These social norms are starting to be challenged as evident when the New
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The Evolution of Business Ethics Cheryl Franklyn-Boyce OMM 640: Business Ethics and Social Responsibility Week 1 Assignment Dr. Carl Proehl July 13‚ 2013 The Evolution of Business Ethics Introduction Ethics began with the introduction of the first moral codes‚ which are a set of standards‚ laws‚ or rules that we hold ourselves to‚ whether they be based on religious affiliation‚ events that have happened in our life‚ or just from observing the world around us (Sharp
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1. What role does corporate reputation play within organizational performance and social responsibility? A good corporate reputation can bring the corporate lots of benefits‚ such as the stakeholder’s support for the corporation. Do you see any RED FLAGS in the facts given? Lack of health and safety of its products‚ unlawful competitive practices‚ racial discrimination problem and when the slow reaction after they found out their products’ problem. Those are all red flags. 2. Develop a
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