Fraedrich, J., Ferrell, L., & Ferrell, O. (n.d.). Instructor’s Resource Manual Business Ethics Ethical Decision Making and Cases NINTH EDITION. Retrieved April 27, 2015, from http://lilianchaves.net/data/documents/chapter-6-study-guide.pdf…
References: C., O., John Fraedrich, and Linda Ferrell. Business Ethics: Ethical Decision Making and Cases. South-Western Pub, 2010. Print…
This paper will obtain information about a researched issue that deals with business ethics. The paper will include a summary of the Article and issue. This paper will also touch on the following topics, what seems to be the basis of the issue, what ethical change, deficiency, or conflict brought it about, and how did the organizational leadership come into play. The paper will conclude by proposing a plan for revising the ethical standards and communication of these standards in order to resolve the ethical issue. “Chalace Epley Lowry started working at Wal-Mart Stores (WMT) as an administrative assistant in the communications department, on Jan. 2 of the year 2008; she went through a day-long orientation with a heavy emphasis on ethics. Chalace stated that, "We were told that even if we see something that has the appearance of something unethical we should report it”.…
Ethics plays a huge role in business as it keeps businesses and employees honest, promotes accuracy, and protects those who could otherwise be hurt by someone else’s scheming. In order to protect ethics, sometimes transparency is needed to help those tempted to commit fraudulent acts. The Bible states, “Better is the poor that walketh in his integrity, than he that is perverse in his lips, and is a fool” (Proverbs 19:1). The…
With all that is happening throughout the world in general and the economic crisis that is engulfing our nation in particular, this paper has provided me the opportunity to reflect on my ethics. Values and ethics are a part of our everyday lives. We wake up to these values and beliefs each day as they are the “rules” that govern us. Ethics is not just about morality; it is a complex dimension of personal and corporate life that can lead to higher performance by both business and society. All of us, especially those in the business world, need to make immediate decisions. The choices we make need to be driven by our ethics.…
To improve ethical decision making in business, one must first understand how individuals make ethical decisions in an organizational environment. Too often it is assumed that individuals in organizations make ethical decisions in the same way that they make ethical decisions at home, in their families, or in their personal lives. The ethical decision process…
Fok, L., Hartman, S., & Kwong, K. (2005, Winter). A study of differences in business ethical…
There are times in life, whether it be in business or from a personal aspect, where a person has to make a crucial decision. Ethics play a major role in decision making for many people and many companies. The cost of not making ethical choices has caused many companies lost in sales, profits, reputation, and customer base. Sometimes, making hasty, unethical decisions seem good for the short term solutions; however, when carefully thought out, it is always best to make the right decision, one that is morally correct, rather than fiscally savvy.…
Ethical thinking involves the intricate process used to consider the impact of our actions on the individuals or institution we serve. While most decisions are routine, we can unexpectedly face an ethical dilemma when unusual situations occur suddenly for which an immediate response is needed. The foundation of ethical decision-making involves choice and balance, it is a guide to discard bad choices in favor of good ones. No matter the size of a company, unethical behavior can cripple the company's ability to attract customers, be approved for credit or maintain business partnerships. Different organizations and jobs may have different ethical issues arise and require a set standard of ethics.…
Cited: Donaldson, Thomas, Patricia H. Werhane, and Margaret Cording. Ethical Issues in Business. 7th ed. Upper Saddle Rivery: Pearson Education, Inc, 2002.…
Stephen L. Carter links integrity and honesty. There are three constraints discussed in this essay. First, integrity does require a degree of moral reflectiveness. Second, Integrity may cause conflict that is must be resolved. It does not necessarily produce or protect interpersonal harmony. Third, a person who has integrity can be trusted. It does not avoid the restructuring of social structures and associations, because it leaves the matter to exercise of interpersonal authority.…
This article researches and identifies the gap between the theory and practice of business ethics. The author identifies the lack of practice of ethical decision making within the organization and provides what he believes to be one solution to bring ethics back into the business process.…
“Cheating has become so common, experts say, That it often goes unreported and unpunished,” said by Zernike in the Article,”With Students Cheating on the Rise, More Colleges are Turning to Honor Codes.” Without a doubt cheating has become more prevalent is both colleges and high schools. However, some people may question if certain types of cheating are okay and not dishonest and others dishonest. For example, some people may think copying a homework assignment is not a big deal and dishonest while other people think that cheating on exams is dishonest. In addition, some people may resort to cheating when they are not too aware of the material they are trying to learn when it comes to being tested and others do it for the good grade, not because they don’t know it. Also, many studies and surveys have been conducted at various school and I have noticed from the free responses that people are only attending school for the good grade and not to learn. In recent surveys conducted at Point Loma High School, have shown that cheating is a spreading epidemic common…
Ford R.C and Richardson W.D 1994, ethical decision making: a review of the empirical literature. Journal of business ethics, 13:205-21…
It is important to understand why ethical decisions are made in business and what, if any, factors can influence the processes/procedures and ultimately the consequences of these decisions (Crane and Matten, 2010). All business activities involve some sort of decision-making but how people integrate ethics in that process varies from person to person.…