THE CONCEPT OF BUSINESS ETHICS BY JIMOH KABIR AYODEJI Table of contents 1. Introduction……………………………………………………………………….………….……….3 2. Literature review……………………………………………………………………….….……….3 3. Meaning of Ethics and business Ethics………………………….…………….……….4 4.1. What is Ethic?...................................................................4 4.2. Definitions of Ethics………………………………….……………..…………….…..5 4.3. What is Ethical Behavior?......................................
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Social Responsibility Journal Emerald Article: Corporate irresponsibility and corporate social responsibility: competing realities Brian Jones‚ Ryan Bowd‚ Ralph Tench Article information: To cite this document: Brian Jones‚ Ryan Bowd‚ Ralph Tench‚ (2009)‚"Corporate irresponsibility and corporate social responsibility: competing realities"‚ Social Responsibility Journal‚ Vol. 5 Iss: 3 pp. 300 - 310 Permanent link to this document: http://dx.doi.org/10.1108/17471110910977249 Downloaded on: 14-10-2012
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discussion of corporate responsibility: stockholder theory and stakeholder theory. Stockholder theory maintains that profit for stock owners represents the main moral obligation of the corporation. Stakeholder theory takes the view that groups other than the stockholders‚ such as the community at large‚ have a vested interest in the management of the corporation. The types of corporate social responsibility typically align with the stakeholder theory that corporations have responsibilities beyond profit
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The Warehouse Group Ltd is a typical half-hearted company that does not do what it preaches in the area of Corporate Social Responsibility. From the Warehouse Annual Report and Social and Environment Report 2009‚ I found that the company is not only focusing on its financial performance‚ but also on social and environmental external effects. A critical analysis of this reporting practice suggests that the Warehouse is not truly responsible socially and environmentally but more a public relation exercise
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the responsibility of companies today to promote responsible business practices at every level of the company. Business should be conducted ethically and honestly. Companies should also foster environments that promote ethical conduct and comply with all requirements of the law that they fall under. This paper will examine the ethical practices of PharmaCARE. Stakeholders will be identified‚ and several scenarios will be evaluated and critiqued. Stakeholders PharmaCARE’s stakeholders are individuals
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AND BUSINESS PRACTICE Course Work 1 Student: E-mail: W. Wonderful WILSON wonderfulwwilson@yahoo.co.uk 28th October‚ PROFESSIONAL & BUSINESS PRACTICE PERSON ID: Table of Contents 1.0 1.1 1.2 1.3 1.4 1.5 Executive Summary............................................................................................................3 Report Objectives.................................................................................................................3 Organisation and Strategy
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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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Moral Dimensions Ethnical Use of Natural Resources Three Views about Nature Attitudes towards Nature Anthropocentrism Stewardship Ecofeminism Biocentrism and Ecocentrism 12.5 Environmental Equity Procedural Inequity Geographical Inequity Social Inequity 12.6 12.7 12.8 Environmental Justice Environmental Racism Religious Teachings about Environment Hinduism Jainism Buddhism Christianity Islam Sikhism 12.9 Summary 12.10 Terminal Questions 12.1 INTRODUCTION In Unit 11 we have
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company’s Global Manufacturing Principles? ____________________________________________________________ __ ‘Good ethics is good business and bad ethics is bad business are connected’ (Burton & Goldsby 2010). Mattel has been quite effective at encouraging ethical and legal conduct. It has developed its Global Manufacturing Principles for sub contractors and global manufacturers. These ‘including employee health and safety‚ environmental management and ensuring that employees are treated fairly and with
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Capitalism 1.1 Introduction According to an online article entitled “ Reflections on capitalism” : The word “capitalism” was popularised by Karl Marx in the middle of the 19th century .It is a social ‚ political as well as an economic system that countries use to guide their development programs and economic policies. Almost all the worlds countries are currently running their economies on capitalist inspired doctrines ‚this fact testifies to a great extent of the many advantages and viability of the
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