http://www.emerald-library.com/ft How important are ethics and social responsibility? A multinational study of marketing professionals Anusorn Singhapakdi and Kiran Karande College of Business and Public Administration‚ Old Dominion University‚ Virginia‚ USA How important are ethics? 133 Received September 1998 Revised March 1999 June 1999 September 1999 College of Administrative Sciences‚ Kuwait University‚ Safat‚ Kuwait‚ and School of Business Administration‚ University of Mississippi‚ USA
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BUSM3311: International Management 12 CORPORATE SOCIAL RESPONSIBILITY (CSR) AND ETHICS Literature Review Le Tuan Anh – S3245886 BUSM3311: International Management 12 CORPORATE SOCIAL RESPONSIBILITY (CSR) AND ETHICS Literature Review Le Tuan Anh – S3245886 RMIT International University Vietnam Bachelor of Commerce Program ASSIGNMENTCOVER PAGE Your assessment will not be accepted unless all fields below are completed Subject Code: | BUSM3311 | Subject Name: | International
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Chapter Ten Business Ethics/ Social Responsibility/ Environmental Sustainability Chapter Objectives 1. Explain why good ethics is good business in strategic management. 2. Explain how firms can best ensure that their code of business ethics guides decision making instead of being ignored. 3. Explain why whistle-blowing is important to encourage in a firm. 4. Discuss the nature and role of corporate sustainability reports. 10-2 Chapter Objectives (cont.) 5. Discuss specific
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• Lecture 03: • Ethics & Social Responsibility Tutor: KW CHING kwching@ntu.edu.sg kwching@singnet.com.sg The environment creates uncertainty for managers Managers must respond and design adaptive organizations Uncertainty – managers do not have sufficient information about environmental factors to understand and predict environmental needs and changes 2 Management as an Integrating Activity Individuals – Organization – Environment Environment (Forces) Organization (Design ) Individuals
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Introduction Ethics concern an individual’s moral judgements about right and wrong. Decisions taken within an organisation may be made by individuals or groups‚ but whoever makes them will be influenced by the culture of the company. The decision to behave ethically is a moral one; employees must decide what they think is the right course of action. This may involve rejecting the route that would lead to the biggest short-term profit. Ethical behaviour and corporate social responsibility can bring significant
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to the company’s goals will help the business organization achieve long term success. Because success or failure directly impacts all stakeholders‚ whether employees‚ suppliers‚ investors‚ the local governments or community in general‚ special considerations of their needs should be included in the strategic planning process. Because of recent well known corporate scandals‚ business organizations have incorporated business ethics codes and social responsibility programs as part of their strategy to
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organization is very important as it is a crucial factor for the organization’s success. Companies with strong ethics program tend to have a better reputation‚ can reduce potential costly fines‚ provide better access to capital‚ enhance customer loyalty‚ and most importantly‚ positively affect their employees’ performance and commitment to work. What is ethics? And what does it mean to be ethical? Ethics is the code of moral principles‚ values‚ and beliefs that set standards for what is “wrong” and what
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its business with hair dye products. In 1954‚ L’Oreal expanded its market into skin care field by entering into technological agreements with company Vichy. In 1960s‚ there was a rapid growing interest in simulating youthful looks. Therefore the company opened new cosmetological and bacteriological facilities to gain a significant entry into skin care‚ makeup and perfume markets. Companies such as Garnier and André Courrèges were added into the group. In 1993‚ L’Oreal was facing some ethics problems
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that business ethics and CSR go hand in hand. In order to understand CSR‚ one must also understand ethics. Also‚ a socially responsible firm should also be an ethical firm and an ethical firm should also be a socially responsible firm. However‚ one might wonder as to why business ethics and CSR receive so much importance. Researchers are making it increasingly clear that the two concepts are essential for long term sustainability of an organisation. In today’s highly competitive business environment
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and experienced commercial and industrial conglomerates in Bangladesh today. The Group took off from the incipient period after establishment of East West Property Development (Pvt.) Ltd. a real estate concern‚ popularly known as “Bashundhara” which happened to be its first venture in this sector. Keeping pace with rapid economic and technological changes followed by the policy of Globalization‚ Bashundhara Group has outspread their business activities within a short period of time and have been able
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