Subject- Business Ethics Subject code- 665A General Instructions: ✓ The Student should submit this assignment in the handwritten form (not in the typed format) ✓ The Student should submit this assignment within the time specified by the exam dept ✓ Each Question mentioned in this assignment should be answered within the word limit specified corresponding to each question. ✓ The student should only use the Rule sheet papers for answering the questions
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Assignment 3 1a) Business Ethics is a professional ethics that examining 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. The 17 key areas of concerns relating to business code in a global organization are as following: 1) International business 2) Health and safety 3) Protection and proper use of company asset 4) General Ethical Standards 5) Compliance
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the need for ethical theories. (3) Ans. Ethical theories represent the grand ideas on which guiding principles are based. They attempt to be coherent and systematic‚ striving to answer the fundamental practical ethical questions: 1.What ought I do? 2. How ought I to live? Ethical theories are needed for a number of purposes. They are the foundations of ethical analysis because they are the viewpoints from which guidance can be obtained along the pathway to a decision. The aim of ethical theory is to
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Business Ethics An Introduction to Business Ethics and Social Responsibility Lecture Etiquette • Try to be on time • Quietly enter and leave the lecture theatre • Be respectful to lecturers and other stude• Lecturers: Course objectives To introduce students to ethical and political debates regarding the social responsibilities of businesses and corporations To introduce students to ethical concerns that surround businesses and their treatment of a variety of
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BUSINESS ETHICS AND STAKEHOLDER ANALYSIS Abstract: Much has been written about stakeholder analysis as a process by which to introduce ethical values into management decision-making. This paper takes a critical look at the assumptions behind this idea‚ in an effort to understand better the meaning of ethica] management decisions. A distinction is made between stakeholder analysis and stakeholder synthesis. The two most natural kinds of stakeholder synthesis are then defined and discussed: strategic
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Business Ethic Business ethic is the study of standard of the business behavior which promote human welfare and the good. It is also the examination of moral and social responsibility in relation to business practice and decision-making in business. Business ethics are often guided by law‚ while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance. The law is the key starting point for any business. Most leading businesses also have
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What is Business Ethics? Business ethics is exactly the same as normal ethics‚ and that knows what is right or wrong‚ and learning what is right and what is wrong in a business environment. Then doing the right thing‚ but "the right thing" is not as straightforward as explained in many business ethics books. Most ethical dilemmas in the workplace are not simply a matter of "Should she steal from him?" or "Should he lie to his boss?" Businesses cannot function without ethics‚ why? Society dictates
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Business ethics : Expectations and disappointments In early December I attended the Inaugural Australasian Business Ethics Network (ABEN) conference in New-Zealand: Business Ethics – Expectations and Disappointments. Still an emerging network‚ ABEN was set up late last year by a group representing academic institutions from around Australia and New Zealand. The purpose of the Network is to provide support for business ethics education and research in the Australasian region. Business ethics;
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Business Ethics and Customer Satisfaction Issues & Challenges All of us would have heard an old saying “It’s all fair in Love‚ War & Business”. I am not sure about love and war but not everything is fair in business as today’s civilization is sensitized and present to how the business is conducted. All big business houses today have an ethical code of conduct or value system in place which guides them on how to function or how to take business decisions which confirms to their ethical code of
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Components of business environment On the basis of extent of intimacy with the firm‚ the environmental factors may be classified into different levels or types. There are broadly two types of environment‚ the internal environment‚ i.e. factors internal to the firm and the external environment i.e. factors external to the firm which have relevance to it. The internal factors are generally regarded as controllable factors because the company has control over these factors; it can alter or modify such
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