however‚ today’s society is demanding much more from businesses. Society is looking at not only if a company makes money but how it contributes to society. Society is insisting that companies change their focus to incorporate social‚ cultural and ethical responsibilities. British American Tobacco has done just that and the subsequent addresses these changes. 2. Brief History on British American Tobacco (BAT) British American Tobacco is the world’s second largest tobacco international tobacco
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Ethical issues: 1) Ethical issues and society: The selling of addictive product such as tobacco‚ cigarettes. Most people think that the selling of such harmful products is unethical. However‚ there are also some people think otherwise. The pros defend their point of view based on the fact that such products enhance their pleasure and reduce their stress. (Ex: cigarettes help reducing stress at work for people who have to work long hours) On the other hands‚ the cons are against it
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Current ethical issue analysis Due to the sheer size of its market and exposure‚ the juggernaut that is Wal-Mart faces a multitude of ethical issues of a wide variety in today’s market. The company touts having three main points in its code of ethics: respect for the individual‚ service to the customer‚ and striving for excellence. It is estimated that Wal-Mart is the largest U.S. importer of Chinese products‚ and that Chinese manufactured goods actually make up around 70% of the company’s total
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Ethics in Healthcare Jessica Christian Medicolegal and Ethical Issues 2/3/13 According to our book‚ Health Care Ethics‚ ethics is the branch of philosophy that seeks to determine how human actions may be judged right or wrong (p.1). Also the study of ethics is a branch of philosophy that implies that the human mind is the fundamental means by which actions may be judged. According to Google the definition of ethics is the moral principles that govern a person’s or group’s behavior
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Samsung’s Ethical Issues Against Employees One of the world’s largest semiconductor manufacturers‚ Samsung Electronics is also South Korea’s top electronics company. It makes many kinds of consumer devices‚ including DVD players‚ digital TVs‚ and digital still cameras; computers‚ color monitors‚ LCD panels‚ and printers and communications devices ranging from wireless handsets and smartphones to networking gear. However there is downside in that huge successful company as every others have. A
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Personal Ethical Statement Upon review of my results from the Ethical Lens Inventory‚ I learned that I have an optimistic approach about things. I seem to see in the good in situations rather than allowing the negative aspects of a situation prevents me achieving my goals. This is in regards to my preferred ethical lens‚ my reasoning skills allow me to determine what needs to be accomplished and what my role consist of so that everyone will be treated fairly. In terms of my blind spot I don’t
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Zhenzhen Xu BUSN290 Professor Craig Johnson Oct. 2‚ 2013 In chapter 1‚ I get to know five widely used ethical methods that are Utilitarianism‚ Kant’s Categorical Imperative‚ Rawls’s Justice as Fairness‚ Confucianism and Altruism. I choose Utilitarianism to compare with Confucianism. Utilitarianism is what we should consider both short- and long-term consequences when we make some ethical choices. The goal of Utilitarianism is to expand profits as possible as they can. In other words‚ it is a
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Ethical issues; meaning conforming to good morals‚ actions‚ or right principles of conduct‚ are problems that we encounter almost every day. Thinking about the word ethics brings to mind a controversial issue such as abortion‚ prejudice‚ or equalization of human rights. Goods ethics also means the simple things like telling the truth‚ avoiding cheating and manipulation of others‚ obeying the law‚ helping others‚ and doing what is morally right according to the standards set by our society. While
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Ethical Issues CJA 595 Shirley Torain August 20‚ 2011 Dr. Joe Stern Over the last two decades the United States has had to concentrate more on antiterrorism and mass violence as well as providing emergency assistance to those in need from terrorist activity and mass violence. The Office for Victims of Crimes (OVC) is dedicated to supporting justice and restoring a peace of mind for the victims of all crimes. OVC administers federal funds to support victim services‚ provides training for diverse
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Cynthia Claude Nkono Moanang 1009040 CORPORATE GOVERNANCE AND BUSINESS ETHICS ASSIGNMENT TOPIC: Principals (shareholders) – agent (managers) problem represents the conflict of interest between management and owners. For example‚ if shareholders cannot effectively monitor the managers’ behaviour‚ then managers may be tempted to use the firm’s assets for their own ends‚ all at the expenses of shareholders. Discuss the pros and cons of this statement with regard to duties of Board of Directors
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