Business Should Always Be Ethically and Socially Responsible Introduction Corporate scandals in business world have been more and more common‚ which damages the interest and profits of stakeholders‚ employers‚ community or society. The corporate scandals pull the public to focus on the ethic of managers and the firm itself. Comparing to the past‚ customers are focusing more and more on the reputation of the firms and they prefer to select the brands that are environmentally friendly and socially
Premium Business ethics Corporate social responsibility
“The task and responsibilities of managers have been changing dramatically in recent years. (Jones‚ & George‚ 2011)” It is believed that there are not any ethical implications that would require and employee to dedicate long hours and extensive travel time to their careers. When someone pursues a job it is their responsibility to gather the appropriate information by doing research on the company they want to pursue a career with. If they truly intend to become and employee they need to figure
Premium Business ethics Ethics Employment
responsibilities lead to the healthcare technology departments having many stakeholders both inside and outside the hospital. Healthcare technology department stakeholders include: • Patients • Doctors • Individual departments of a hospital • Equipment manufactures • Third-party maintenance companies • Hospital CFO’s • Hospital CEO’s and COO’s • Federal/State/Local health departments The primary objectives of these stakeholders vary widely. Patient safety is a primary aim of patients as well federal
Premium Health care Medicine Management
Introduction about Linux Linux is an operating system that was initially created as a hobby by a young student‚ Linus Torvalds‚ at the University of Helsinki in Finland. Linus had an interest in Minix‚ a small UNIX system‚ and decided to develop a system that exceeded the Minix standards. He began his work in 1991 when he released version 0.02 and worked steadily until 1994 when version 1.0 of the Linux Kernel was released. Linux is developed and released under the GNU General Public License and
Premium Open source Linux Free software
INTRODUCTION Westjet came into the air travel business in 1996‚ offering fares up to 50% cheaper than there competition. They strived for an excellent relationship between the employee and the employer by creating an ecstatic‚ friendly work environment. Westjet is one of the most successful airlines as it did start out with the most start up capital any airline has ever experienced‚ as well as keeping their debt to a minimum. With such commercial success‚ Westjet was questioned with their actions
Premium Airline Southwest Airlines Avianca
Explain how a selected industry or business operating internationally is affected by cultural differences In this task I will explain how electronic industry or business operating internationally is affected by cultural differences. I will provide a clear and substantial explanation of how the electronic industry or business operating internationally is affected by cultural differences. I will use a range of relevant examples will support the explanation‚ demonstrating extensive research. Culture
Premium Culture Sociology Anthropology
AC 1.1 Explain the importance of agreeing to a budget and operating within it: Budgets within a business are used to control expenditure‚ and maximise profit. Managing budgets is a vital skill within my role‚ and how I am able to stay on target plays a huge part in my performance reviews. We communicate our trading results on a weekly and monthly basis with our Head of Operations and our Business Director. We need to have an explanation for any variances and have an action ready to remedy the solution
Premium Costs Cost Budget
Implications of Affirmative Action on Business ` Affirmative actionprograms‚ as we know them‚ are less than 50 years old‚ and are usually viewedas a series ofpositive steps taken to ensure the representation of minority groups in fields that have traditionallyexcluded them. It protects both racial and ethnic minorities‚ as well as women‚ in the areas of education‚ business‚ and government. Affirmative action‚ whichhas its roots in the Constitutional ideal of equal opportunity‚ is the government’s
Premium Affirmative action
Every business has stakeholders involved. A stakeholder is anyone who has a claim in some way to a company’s products‚ operations‚ markets‚ industry‚ and outcomes (Ferrell‚ Fraedrich‚ Ferrell 31). Some stakeholders are more involved than others. Members that are needed for the company to maintain are referred to as primary stakeholders‚ whereas others are called secondary stakeholders. Primary stakeholders can be identified as employees‚ customers‚ investors‚ and shareholders and can also be governments
Premium Business ethics Stakeholder analysis Affect
Stakeholders A stakeholder is a person‚ group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions‚ objectives and policies. There is two different types of stake holders‚ these are internal and external. Internal stakeholders are people who are on the inside of the business that already serve the organisation‚ these include staff‚ managers‚ board members etc. external stakeholders are from outside of the company but
Free Employment Stakeholder