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Business and Society Essay

… Be specific with your examples.

Accountability is a very important concept in every business. Every company should strive hard to be publicly accountable since this is part of what makes a business to become ahead of their competitors. To be accountable, the business must be accountable to all its stakeholders. Stakeholders refer to anything or anyone who is in one way or another affected by the activities of a business or can influence the business' activities. Accountability also makes a business ethical and increases its public appeal. Businesses which present little or no accountability are usually shunned away by stakeholders such as investors, customers, partners, etc. All these stakeholders do not want to taint their business names and brands which have taken years to build.…. [read more]


Business Plan for a Financial Business Plan

… Therefore, CleanDivision will have to set new international strategies while setting up its business in new geographical locations.

B4: Management Structure:

The ownership of the CleanDivision business is in the hands of both the partners. Michael Kothakota is the majority shareholder in the firm with 51% shares whereas Mike Programmer is the second major shareholder with 49% shares. The Management functions for the firm will be performed by both the partners. Planning and decision making, leading, staffing, organizing, and controlling of the firm's business will be done by the partners with mutual understanding, experience held, and the analysis of the present situation. The major shareholder, Mr. Michael Kothakota is a Certified Divorce Financial analyst and has gained experience with more than 60 attorneys. He also…. [read more]


Ethic Discussion Psychology -Ethics Research Paper

… Not only practice but also the research is benefited from ethical behavior and a person should make sure that he does not ignore the importance of morality. While there are many advantages of adopting ethical behavior in practice and research, there are several disadvantages of unethical behavior. Psychological practice and research is not only a business endeavor but it entails responsibility towards the society. The researcher should ask himself following questions before he carries out a research:

I. What is the code of conduct of research in area/industry?

II. Why it is important to show ethical behavior when practicing psychology?

III. Will the research and practice in field of single parenting be affected if unethical behavior is shown?

IV. Does the observance of ethics make…. [read more]


Business and Society Social Performance KG Term Paper

… Business and Society: Social Performance

Primary stakeholders refer to a group or people that engage in economic transactions, with a business firm as it carries out its daily business activities of providing the society with goods or services. These primary stakeholders engage in a unique relationship with the firm, or a two-way exchange. These people comprise the customers, employees, suppliers, creditors, stockholders, and retailers (Lowenstein & Rabinowitz, 2013). Every group of primary stakeholders has an essential role to the firm, directly. Without these people, the firm would not perform well because its primary work would not be accomplished (Lowenstein & Rabinowitz, 2013).

The stockholders mainly relate with the firm through investments. They invest in the firm, and in return, they receive their potential dividends and…. [read more]


Business Ethics Focus on Merrill Essay

… Ford's senior management calculated the cost per life lost on the basis of the National Traffic Safety Administration's data and stated that recall for correcting the problem with the Pinto would cost $121 million as compared to only $50 million for injuries and deaths caused by the problem.

The decision-making process in this case was flawed in that the Ford Motor Company attempted to place value on the life of a human being. How could it possibly be that lives lost totaled less than the cost of a recall and modification to the company's vehicles? This happened because of the failure of the Ford Motor Company and its employee to assign intrinsic value to the life of human beings which would mean that the company…. [read more]


Ethics in a Computerized Society Research Paper

… Ethics in a Computerized Society

Ethics are extremely important in our society since they help to determine whether an action is right or wrong. There are different types of ethical systems that are used to determine whether the action is right or wrong. The first is ethical relativism whereby there are no morally right or wrong actions. Instead, right and wrong is determined by the social norms. In this ethical system, the norms of the society which are the basis of determining the action help to preserve the culture of the society. On the negative end, the ethical system confuses what ought to be done with what is currently being done. The second ethical system is the divine command theory whereby moral standards are based…. [read more]


Business How Forces Essay

… As consumers pay more, they may purchase fewer products, which impact the overall economy. As such, the ideas of all parties will affect the overall relationship between business, government and society.

Measure the importance of law and government regulation as a force guiding business behavior.

Government involvement in a market economy is necessary only when the industry is systemically important to the overall functioning of the economy. These systemically important institutions, if default occurs, could threaten the economic system of America. These industries, including energy and banking require extensive government oversight in addition to intervention if needed. In many instances, little government involvement is beneficial to the market economy as it allows competitive forces to dictate operating results. The lack of government intervention, the private…. [read more]


Business Summaries This Chapter Essay

… The central part of sharing a common set of goals is having a joint understanding of what the goals of the organization are and the best ways to achieve these goals. This does not mean that there has to be absolute agreement on every detail of every aspect of the organization, because a well-run organization will allow for open discussions when they are designed to improve the way an organization works.

One of the key ways in which organizations can be organized is along the lines of how specialized they are: Does each employee do only one job or does each one wear a number of different hats? The same question must be asked of each department, and even of the company as a whole.…. [read more]


Business Model Innovation Term Paper

… Business Model Innovation: MAERSK

Grade Course

Innovation and Maersk

Innovation is defined as the act or instance of making changes. Also, the introduction of new things, techniques and ideas is known as innovation (Fuglsang, 2008). Innovation in business means the implementation of new techniques and ideas in the marketplace. This is done by introducing new services, products or features. Due to increasing competition in the market, innovation has become a crucial and vital part of corporate strategy for existing and emerging companies, to gain market shares. The bottom line of the business innovation plans is to move forward or block the competitor from succeeding.

The innovation market model suggests a few steps for the innovation process, namely:

The innovation challenge

Collaborative idea generation

Combination of…. [read more]


Ethics in Management Research Proposal

… Ethics and Management

Management and Ethics

In this paper, the author investigates the ethics of business management. After reviewing the literature to determine the concerns mentioned by business ethicists, the author compares those concerns with the concerns of a small business man, as revealed in a case study. The first part of the case study involves a covert participant observation of the ethical practices of a privately-run small business. The second part of the case study consisted of an interview with the small business owner, to determine whether or not he perceived ethical conflicts in the course of his business, and the nature of any ethical conflicts that he perceived. Finally, the author compared the ethical concerns described by the business scholars and commentators to…. [read more]


Business Impact of Exxon and Ethical Considerations Term Paper

… Business Impact of Exxon and Ethical Considerations

When discussing business ethics, one corporation, in particular, often comes to mind Exxon.

Since the late 1980s, Exxon has been the poster child for unethical corporate conduct.

The ecological disaster that occurred in Prince William Sound following the Exxon Valdez's running into Bligh Reef and spilling millions of gallons of oil is infamous. The scandal at Grand Bois, Louisiana further exacerbated the organization's poor ethical reputation.

Good people, acting as corporate agents, can make harmful decisions. By understanding the ethical implications of their decisions, senior executives may be able to avoid making these harmful decisions in the future. In addition, presenting the ethical and business implications of the experiences of Exxon can reiterate the importance of raising ethical…. [read more]


Business Ethics and Its Importance Annotated Bibliography

… The paper believes that the ethical practice is lacking within business organizations. The paper reveals that integration of business ethics could enhance organizational competitive advantages, and short and long terms sustainable competitive advantages are tangible and intangible assets to the organizations. The paper also discusses the application of business ethics towards employee skills and development, which are the prerequisite to the organizational effectiveness. Organizations that are building the employee skills and development are bound to increase the competitive market values.

Finally, the paper reveals that business ethics cannot be separated from the corporate social responsibility. A corporate organization that implements corporate values towards society stands to enjoy the market advantages.

References

Azmi, R.A. (2006). Business Ethics. Method to enhance Companies Competitive Advantage In the Globalization…. [read more]


Ethics in Business Has Become a Hot Essay

… Ethics in business has become a hot button issue in recent years, in light of a number of scandals in the early 2000s, but also with the whole issue of corporate social responsibility. There are different dimensions to ethics, some of which are obvious like conducting business legally, but other issues create a moral dilemma, which is where a grey area exists and there is no one right answer -- all answers create some sort of negative outcome and you have to make a choice between two things where perhaps there is no real winner -- it's not a dilemma when the choice is win-win

The other aspect of the moral dilemma is where there is a tradeoff with respect to the agency role of…. [read more]


Ethics in For-Profit Annotated Bibliography

… This article takes the form of a case study of the Starbucks organization, which the articles' authors praise as enhancing the spiritual lives of employees by connecting every level of the organization to a larger sense of mission. Rather than viewing ethics as antithetical to profitability as often was the case in the classical conception of the firm, this suggests that ethics can enhance organizational functionality.

Montoya, I.D., & Richard, A.J. (1994). A comparative study of codes of ethics in health care facilities and energy companies. Journal of Business Ethics, 13(9), 713.

This article takes the form of an ethnographic study comparing codes of ethics and compliance outcomes at not-for-profit health care facilities and for-profit energy companies. Despite the touting of the importance of ethics…. [read more]


Business Ethics - Masters Essay

… 3.2. The proposed solution

Within the context presented above, the proposition of the Quality and Environment Manager is that of engaging in some initiative to respond to the social claims. In other words, the company should implement a more suitable effort of waste management. This could be ensured by following the next steps:

The minimization of the waste generated by the company through internal processes of better planning, resource allocation, ordering and inventory management

The segregation and containerization of the waste, which is completed into two separate steps. At the first level, the company should emphasize on identifying the different categories of waste, and separating the different categories; this step is to be completed at the time of waste generation. Secondly, the company should dispose…. [read more]


Ethics in the Workplace Organizational Essay

… However, they would also be at risk of getting laid off unless they bring in some business to the hotel.

The management of the hotel could face a cut in its salaries if the request is rejected and business continues to suffer. If the request is accepted, they would benefit from the increased revenue and raised profile of the hotel. However, it could lead to grievance issues and complaints of discrimination against black employees. Negative media publicity would also result in public humiliation and probably litigation and termination.

The guests would experience comfort as a result of compliance with their wishes. It would also give them the leverage to gain acceptance of further requests during their stay. They would also suffer from the service quality…. [read more]


Ethics According to the Dictionary Term Paper

… However, as an adult, individuals are free to leave behind the ethics of their parents to create a unique set of ethics. The development of ethics later in life can be based on personal experience and wisdom as much as from standardized codes of behavior. In the business world, ethics develop as a diversity of individuals tries to work together towards a common goal. Ethical business standards are based on several factors, including profitability. Many experts believe that ethical businesses are successful businesses because companies want to do business with companies with high moral standards. If a company is known to have unethical standards, clients will drop off in droves. No one wants to get cheated out of money or humiliated. Thus, ethics develop over…. [read more]


Business Ethics a Broad Definition Essay

… Business Ethics

A broad definition of ethics in your own words that demonstrates your understanding of ethics in business

Ethics is when you are taking the most morally correct ideas and are applying them as standards for everyone, within society or an organization to follow. In business, these ideas are taken one step further and applied to how they relate, to the way a business will interact with its customers on a daily basis. Where, the actions of executives will determine how profitable an entity will be in the future. As the overall amount of ethics will decide if a company is providing customers, with a service / product that creates value or one that is solely concerned about its bottom line. (De George, 2005)…. [read more]


Ethics Program Essay

… Ethics Program

Developing an ethics program

Increased scrutiny on the actions of businesses and organizations has directly necessitated the importance of ethical programs. However, there has been an increase in attention regarding the way businesses undertake their ethical practices. In turn, organizations have come up with meaningful ethical practices encrypted in detailed ethical programs to stipulate whether the actions of members' of an organization are appropriate or not. It is important that businesses develop prudent ethical programs to manage their operations. Most organizations in the U.S. such as Enron and Tyco have witnessed detrimental consequences as a result of management ignoring ethical practices. This study will seek to develop a prudent ethics program model for a non-profit organization.

Having an ethical program is good for…. [read more]


Ethics in an Organization Essay

… In conclusion, the role of ethics to organizations in the society of today has been able to come a long way and will endure to be a significant subject going ahead. Consumers have more material at their fingertips than ever before and are able to get access to more media than they have ever been able to get. Information regarding establishments is willingly accessible and without high ethical standards of ethics establishments will see their collapse. As mentioned in this essay there are a lot of different concepts for governments to impart appropriate standards in their employees and to safeguard achievement and future growth. It is up to separate governments to take the proper stages to guarantee that they are running morally and providing the…. [read more]


Ethics and Professional Behavior Essay

… These tools provided in the seminar will enable them to effectively identify and handle all the possible ethical issues that may arise in the course of their work (Joycelyn M. Polock, 2010 ).

The five areas of ethical conduct that will be looked at are value statements that they should always remember, the codes of conduct that they should always strive to abide by, the Mechanisms to discuss difficult cases still within the ethical dimension, ethical modeling process and ethical communication channels and standards. These shall have embodied the vast concept of ethics within the criminal justice system and will have modeled the law enforcers into behaving in an ethical manner as well as passing down the ethical behaviors to other officers within the system.…. [read more]


Ethics Statement I Base Essay

… This brings me to responsibility, another cornerstone of my ethical philosophy. As adults, we have the burden of responsibility, and we owe this burden to a lot of people. It is easy to say that that one is responsible, but there are times when difficult choices must be made with respect to responsibility and that is where the strength in one's own ethical philosophy comes into play. I believe that we each need to accept the responsibility that is afforded to us, even when it is inconvenient to do so. This is because our society has set an unwritten rule in place that tells us that responsibility is something that adults embrace and do not shy away from. Being able to rise to the challenges…. [read more]


Business Ethics in the Fire Service Research Paper

… Business Ethics in the Fire Service

The fire service in most countries is held in high esteem and widely regarded as a paragon of ethical business practices. Because the fire service is funded with scarce taxpayer resources, though, it is vitally important that the lofty perceptions of ethical practices in the fire service are supported by consistent applications of ethical principles in their day-to-day operations. Although every public service organization is unique in some fashion, fire service managers and firefighters alike encounter a number of ethical dilemmas in the course of their work that require an informed, professional response. To gain some fresh insights regarding these issues, this paper provides a review of the relevant peer-reviewed and scholarly literature concerning business ethics in the fire…. [read more]


Ethic Compassion Dalai Lama Thesis

… In other words, morally or ethically 'correct' act is the spiritual act. Spiritual re-formation is 'The New Re-formation' of science, culture, and religion (Lama, 2000).

Thus, spiritual practice is the process of demonstration and development of our 'Supreme-Source' because it is developed by the ethical behavior of any individual in his professional and personal life. As the unfolding of the processes of this evolution either collectively or individually, Development is Envelopment, (Plotinus) in a more delicate and comprehensive levels of spiritual embrace. This prodigious conduct is only possible to a degree of the psycho-spiritual life stage development of the individual (Lama, 2000).

The revised Reformation secular ethic is formed in accordance with the primary moral which is crucial to the insight of kindness that arises…. [read more]


Ethics and Decision Making Essay

… (Kernaghan; Borins; Marson, 2004)

Therefore the vision, mission and values of the company create its culture which in turn affects the strategic plans and the effective implementation. One example of values not being followed resulting in chaos relate to the multinational corporations. The value standards in the case of multinational corporations are even more complex because of the tendency to be involved in political influence abroad. Thus it could lead to corrupt governmental processes and harm the national interest for corporate profits. In some cases it has also resulted in violation of human rights. All these are the result of decisions made solely for profit or advancement without ethical considerations. (Kline, 2005) This has global implications. Thus there must be special programs and plans created…. [read more]


Ethics in Business Term Paper

… Companies for whom ethics appear to play a more important role then, were able to provide greater value to shareholders, and the market value added difference was larger. So it does appear that from a financial point-of-view it is better to operate in an ethical fashion than not.

Furthermore ethical behavior includes benefits in terms of the quality of employees attracted as well as retained. Persons who view ethics as important from a personal point-of-view would provide better quality service to the company, and thus both the company and employee benefit from established ethics. Employees will work within a more satisfying and productive environment, where both company and employee values are entrenched in the collective vision of the work place. Most importantly, the reputation of…. [read more]


Ethics Plays an Important Role Term Paper

… Church members invested large amounts of money into Purchase Plus membership cards, but the cards did not work as promised. There was no long distance telephone savings, for instance. According to an article in the Columbus Dispatch, "Purchase Plus Open Again Amid Criticism," (29 Sept. 2000), the Ohio attorney general's office received more than 4,300 complaints about this program. There were no promised $20 vacations to Puerto Vallarta, no herbal supplements, no Internet access, no discounted long distance. Church members who had invested $400 and more each for Purchase Plus cards to resell and had been promised $11,000 each in return did not see profit from their investments. The venture turned out to be a pyramid scheme. Consequences? Church members lost a lot of money…. [read more]


Business Ethics Business Proposal Walt Essay

… The reason behind tis equal employment opportunity policy is not that these are forbidden by the law but because this is what the company stands by.in Walt Disney there is Human Resource Department which is in place to enforce all policies in the company and the monitoring of all discrimination policies and preventing any form of harassment.it is the best interest of the company to ensure that it enforces all codes of conduct so that they can maintain a successful and fair work environment. The company's values and culture reinforce the responsibility and commitment to everyone within the organization.

Procedures that Disney has in place to ensure ethical behavior

Walt Disney is an exception among companies that do not give priority to ethical standards in…. [read more]


Business Ethics Palmeri, Candrupp Essay

… The research of Trudell and Cotti (2012) investigates the relationships of ethical business practices as corporate social responsibility in terms of its impacts on business performance. The business performance of the organization is determined with respect to the number of items sold or revenues generated over a period of time in comparison with the pervious sales. The business targeting the consumers of high ethical standards tend to gain advantages for their corporations. The business deploying ethical business processes should take into account multiple factors influencing their consumers.

It is also required that the business takes a route of thorough investigation prior to take any investment decisions. The businesses seeking support of the ethical business practices such as usage of organic raw materials and adopting manufacturing…. [read more]


Business Ethics Ethical Issues Essay

… On the blame of child labor by the Media, society, and international agencies, Apple's Tim Cook said that Apple is a socially responsible corporate entity which has more concern for the society and its customers rather than its profits. He argued that Apple is familiar with the unethical business practices which Foxconn had instituted at its workplace (Hinks, 2012). Therefore, it has forced it to bring improvement in its working conditions if it wishes to continue its services with Apple. Taking the services of Fair Labor Association (FLA) is another significant step which Apple has taken to perform regular audits of its suppliers and production houses (Snyder, 2012).

Recommendations:

Keeping in view the consequences of this ethical issue, it is strongly recommended that Apple should…. [read more]

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