Business Ethics Some people say that ethics do not have anything to do with business. Others say that businesses have moral obligations that go beyond just functioning according the law and doing what is best for the company and its shareholders. Business ethics examines ethical principles‚ ethical problems and obligations that apply to people doing business. Companies have the obligation to ensure that their actions cause as little harm as possible to the environment‚ society and employees. It
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corporations - Business Ethics Articles - impact of corporate governance scandals on business ethics debate Failure in business ethics is a real threat to the future of every corporation. business ethics as an issue is a hundred times more powerful than the internet or globalisation and can destroy your business in a week. To make matters worse‚ standards of business ethics are changing rapidly in response to random events which capture public imagination. In business ethics‚ what was good is becoming
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Risks and Loyalties As Markham was summoned into the conference room to begin his presentation to the board of the state pension fund‚ he was wrestling with whether or not to raise the liability issue. He knew there were risks either way. There was the risk that his client would choose to take their business elsewhere if he told them what he believed to be the fund’s financial reality. Furthermore‚ such a move would not only result in lost business‚ but would likely be interpreted as disloyalty
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| |The Garden Depot | |Customer Dissatisfaction Analysis | | Executive Summary Overview The Garden Depot (The Depot)‚ a large retail store specializing in the garden
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to 5.2% which was the highest inflation rate‚ and in the past two years the lowest inflation rate was recorded in July 2012. Trade deficit: The deficit in July totalled £1.5bn‚ compared with £4.3bn in June‚ the official figures showed. Export of goods rose by 9%to £25.8bn while imports shed by 2.1% to £32.9bn. For services‚ export fell by 0.9% to £15.6bn while imports declined 0.4% to £10bn. Export prices of goods‚ non-seasonally adjusted‚ rose by 1.7% and import prices of goods rose by 1.2% compared
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1. What is ethics? What is morality? Ethics is the philosophical study of morality. Morality refers to the belief of right and wrong‚ good and bad‚ beliefs that can include judgments‚ values‚ rules‚ principles and theories. 2. In what ways are we forced to do ethics? What is at stake in these deliberations? A person is forced to do ethics every time they exam any feeling‚ choice‚ or action concerning right or wrong. The thing that is at stake when doing ethics is a person’s values.
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Journal of Business Ethics (2006) 64: 101–116 DOI 10.1007/s10551-005-3327-x Ó Springer 2006 The Business of Ethics and Gender A. Catherine McCabe Rhea Ingram Mary Conway Dato-on ABSTRACT. Unethical decision-making behavior within organizations has received increasing attention over the past ten years. As a result‚ a plethora of studies have examined the relationship between gender and business ethics. However‚ these studies report conflicting results as to whether or not men and women
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1. What role does corporate reputation play within organizational performance and social responsibility? A good corporate reputation can bring the corporate lots of benefits‚ such as the stakeholder’s support for the corporation. Do you see any RED FLAGS in the facts given? Lack of health and safety of its products‚ unlawful competitive practices‚ racial discrimination problem and when the slow reaction after they found out their products’ problem. Those are all red flags. 2. Develop a
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THE SALE OF GOODS ACT‚ 1930 What you should know? ✓ 15.1 Formation of Contract of Sale ✓ 15.2 Conditions and Warranties – Doctrine of Caveat Emptor. ✓ 15.3 Transfer of Ownership from seller to buyer – Transfer by non-owners ✓ 15.4 Performance of the Contract – Rules regarding delivery. ✓ 15.5 Rights of Buyer ✓ 15.6 Rights of Unpaid Seller ✓ 15.7 Auction Sales The Sale of Goods Act‚ 1930‚ governs transfer of property in goods. It does not include transfer
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Describe the social implications of business ethics facing a selected business in its different areas of activity. The organisation BP BP is a British public limited company which provides gas and oil. It is stated that it is the third largest energy company and the fourth largest company in the world itself. The business provides oil‚ gas and renewable energy resources to business such as petrol stations like SHELL. The company states that their main activities are the exploration and production
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