ISLAMIC BUSINESS ETHICS by Dr. Rafik Issa Beekun University of Nevada and Islamic Training Foundation November 01‚ 1996 Copyright © 1996‚ International Institute of Islamic Thought PO Box 669‚ Herndon‚ VA 20170 (703) 471-1133 Please do not reproduce or translate in any manner without the written permission of the International Institute of Islamic Thought Islamic Business Ethics Table of Contents DEFINING ETHICS FACTORS INFLUENCING ETHICAL BEHAVIOR IN ISLAM LEGAL INTERPRETATIONS
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Definition for Business Ethics Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company. In the business world‚ the organization’s culture sets standards for determining the difference between good and bad decision making and behavior. In the most basic terms‚ a definition for business ethics boils down to knowing the difference between right and wrong and choosing to do what is right. The phrase ’business ethics’ can be
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INTRODUCTION TO BUSINESS LAW The Law of Tort Core Reading: Lucy Jones‚ Introduction to Business Law (Oxford University Press‚ 2011). Chapter 11 on The Tort of Negligence (Refer to pages 340 – 374). Please note that we ARE NOT going through every single areas in relation to negligence. For instance‚ the area on nervous shock. Aims and Objectives: - To enable students to appreciate the general law of tort‚ especially the concept of negligence; To understand how this area applies
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Jose Pavon AC1403380 Business Ethics C06.V.9.1 Assignment 4 C061 3/3/15 A right is encouraged by principles of justice and constitutes the legal and institutional order regulating human behavior in society. The basis of the law is social relations which determine its content and character. In other words‚ the law is a set of rules to resolve conflicts within a society. When speaking of law is fundamental to establish who their sources‚ the ideas and the grounds on which one to develop and establish
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Prior to this assignment‚ I thought that medical ethics meant to practice nursing as a prudent nurse would practice‚ in a socially acceptable way. Ethical behavior is one doing what is right rather than what is wrong. I knew that all medical professionals had to comply with patient confidentiality‚ but I did not realize that all medical professionals‚ including writers‚ were held accountable just as if they were providing bedside patient care. I never considered medical writing before and never wrote
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adequate steps to shut down such activities or investigate the extent of the employee’s violations of company policy. This is a very chilling opinion for employers to digest. Employer Promises re: Privacy 2. One of the most common questions from our business clients is whether their promises regarding email and other workplace privacy issues are legally binding. Not necessarily is the response we give. Usually‚ when an employer states a policy regarding any issue in the workplace‚ including privacy issues
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ASSIGNMENT TITLE: RECENT CORPORATE SCANDALS PROVE THAT THE RESPONSIBILITY OF BUSINESS GOES BEYOND MAXIMISING PROFITS. DISCUSS NAME OF STUDENT: TANMUGAVALLI PILLAY VYTHELINGUM PROGRAMME: BSC(HONS) MANAGEMENT (MINOR: FINANCE) LEVEL: 4 NAME OF LECTURER: G. NAPAL MODULE NAME: BUSINESS ETHICS AND GOOD GOVERNANCE MODULE CODE: MGT 2067Y(3) TABLE OF CONTENTS INTRODUCTION Page 3 PROFIT MAXIMISATION
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Employment Sectors Business‚ Government‚ and Non-Profits Government It authoritatively makes decisions for the country Able to affect businesses with regulations and taxes Non-Profit Provides service in which there is demand that businesses and governments get involved in If profit is made‚ services can be expanded‚ reward employees with higher salaries‚ and hire more people Recent ethical breaches in Society Ethic Resources Center Data 1. Observed misconduct higher in larger organizations
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takes longer and cost more because the arbitrator needs time to hear from both parties‚ analyze facts‚ examine evidence and determine a ruling that is legally binding. Usually parties who decide to use the mediation process will continue to conduct business with each other; typically parties who use arbitration
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2. State whether the following provisions in a note impair or preclude negotiability‚ the instrument in each instance being otherwise in proper form. Answer each statement with either “Negotiable” or Nonnegotiable” and explain why. A. A note signed by Henry Brown in the trade name of the Quality Store. Nonnegotiable‚ no fixed amount. B. A note for $850‚ payable to the order of TV Products Company‚ “If‚ but only if‚ the color television set for which this note is given proves entirely satisfactory
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