Case Overview Wal-Mart de Mexico is the largest foreign subsidiary of Wal-Mart Company. It has a high growth rate and builds stores in many places at a very impressive rate. Its expansion rate has been very impressive to the extent that it has become the success story of Wal-Mart. At...
The discussion on the topic of corporate social responsibility (CSR), having arisen in developed countries in 1970, has nowadays spread throughout the world. Now, having stepped over the economic sphere, it enters the field of public policy not only in developed but also in developing countries. Furthermore, the role of...
Introduction Ethics in a business environment is, without a doubt, essential for the company’s success and the well-being of its workers and customers. Business ethics tend to be described as a set of values that would correspond with deep-rooted cultural practices, and it should be essential to business management (Bishop,...
An ethical climate is a system of emotional and moral relations created in a team. An ethical environment is understood as the prevailing psychological mood, which manifests itself in people’s behavior related to each other and a common cause. As a rule, a good spirit of workers affects the increase...
Introduction The emergence of ethical issues is conditional upon the policies of a given company as well as the conduct of its employees. My organization, which is office administration, is no exception to the rule. The ethical dilemma it faced resulted from the lack of mutual understanding between the companyâs...
Abstract With the rise of conscious consumption, companies are financially incentivized to become more socially responsible. One of the companies that decided to adopt the so-called CSR (corporate social responsibility) approach is McDonaldâs, the largest fast-food chain in the world. These days, fast food companies often receive criticism due to...
No one would disagree or argue that working is never easy. However, working and following all existing laws, including the rules of the country, state, company, morals, and conscience, is even harder. Sometimes a person may do everything possible to make the right choices, never hurt people, and stay ethical,...
Abstract These days organizations are expected to be socially responsible and engage in ethical decision-making. The paper aims to explore the main moral issues companies encounter and examine how they can be resolved. The study is based on the analysis and summarization of the existing literature covering business dilemmas, as...
Introduction Establishing business ethics is one of the most challenging tasks for any company. They should incorporate numerous elements regarding the targeted risks that are supposed to be addressed through them. In this case, the business under consideration faces ethical problems related to environmental issues, and this fact defines their...
Introduction This paper analyzes the effect of consumer decisions and moral irresponsibility issues affecting factory workers. The customer’s responsibility determines the conditions surrounding workers’ location in the industries. The paper takes into consideration classical cases like the collapse of the Rana Plaza Factory, the Sweatshop in China, and the Supplier...
Being a leader means taking a variety of responsibilities that go beyond planning and require not only impressive communication and organization skills, but also the ability to alter the very fabric of the companyâs structure (Collins, 1997). Particularly, it is the leaderâs duty to enhance the principles of ethics within...
Companies have the responsibility of ensuring the health of their workers through rigorous compliance with set health standards. Not only is this good for the workers at certain factories but it helps to develop ensure that the company portrays the right amount of corporate social responsibility in ensuring the health...
For multinational corporations, corporate social responsibility and their business practices have resulted in numerous industrial problems. In this regard, the issues of whether multinational corporations are exempt from moral obligation or not have fascinated global attention. Attributable to the challenge that obscures enhanced intelligibility, in addition to company processes, the...
Introduction Ethics codes are adopted by various organizations to help members in acknowledging the difference between right and wrong and in applying that acknowledgment to their normal work and decisions. The code of ethics provides the principles and expectations that govern the behavior or conduct of organizations and their members...
Abstract Citigroupâs intention to acquire Associates Corporation is questionable. This is because CitiFinancial, Citigroupâs unit, and the Associate’s Corporation earn massive profits from subprime lending. As from the reports, subprime lending is associated with various accusations that portray it as a predatory lending group. Subprime is accused of various moral...
Ethical Consumption The fashion industry, just like any other, has a potential for unethical practices across its supply chain. Since textile manufacturing is labor extensive and not too high-tech at the same time, it is especially attractive for developing countries, therefore creating opportunities for unethical forms of labor or adverse...
Introduction The article observes a method for evaluating ethics in an organization. It is based on a concept that Robert S. Hartman has created, and his student Wayne Carpenter developed further. The axiological model defines three main value kinds â intrinsic thinking, extrinsic thinking, and systemic thinking. Additionally, the author...
Introduction The emergence of professional ethics in PR can be called a symbolic phenomenon, or rather, a manifestation of the ethical situation of the postmodern era. The postmodern situation, on the one hand, continues the anti-normative line of modernist philosophy, but, on the other hand, as a reaction to the...
The workplace is one of the strictest areas in terms of discipline to attain goals and objectives set by the management and investors. There are rules set to ensure workers produce quality work and at the same time maintain high moral and professional ethics. In most cases, workers find themselves...
Business Ethics and the Value of Focusing on Conduct Rather than Characteristics Business ethics is a code of ideologies and group values that may be implied or written, through which an institute weigh up its business correlated judgment and actions (Trevino, & Nelson, 2010). Written or conventional business ethics are...
A brief summary for and against the commercialization of organ transplants The commercialization of organ transplants is an issue that has attracted global attention across the board. Ethicists have expressed their displeasure with the current trends in the health sector with regard to organ transplants. On the other hand, medical...
Business ethics can be described as the standards and principles that determine conventional conduct in firms. An ethical issue arises whenever one group in pursuit of their goals engages in behaviour that substantially affects the ability of another party to follow its goals. When the outcome is helpfulâgood or justâwe...
The Bogarts Engineers and Constructors Inc. case study explores the ways in which businesses get destroyed by workers’ failure to observe ethics, professionalism and search for vengeance when developing corporate strategic information system. In the case study, the involved programmers, contracted by Bogarts Engineers and Constructors Inc., attempted to claim...
Introduction The Global Compact is an initiative of the United Nations to protect businesses through various interactive services. The initiative works hand in hand with the local Compact network, whereby businesses reform their activities with an aim of achieving global development. Many organizations have signed up to the initiative since...
Introduction In todayâs highly competitive environment, news media strive to outperform each other in delivering high-quality content to their viewers. Corporate governance business ethics serves as the framework for their decision-making and both internal and external relations. By applying ethical principles, organizations provide a return for the hard work of...
The tobacco industry is seeking to change its unethical public image by focusing efforts towards positioning itself as an untainted and professional entrepreneur. Over the years the tobacco industry has been ignorant of ethical business principles. The three main principles broken by the tobacco industry include the principle of transparency...
Unorthodox Strategies In terms of business ethics, the Lockheed case remains controversial to this day. Striving to create better fighter jets for the U.S. Air Force to gain superiority over the Soviet aircraft being flown by the North Koreans, Lockheed engineers had to take several shortcuts. The aircraft that was...
Introduction In all spheres of life, people have their rights and responsibilities, and it is of vital importance to respect all of them. In business, employees and employers have to develop mutual trust and understanding in order to achieve high performance, success, and various benefits. The purpose of this paper...
Introduction The theme of the article McDonaldâs wins backing of labor board: settlement stands to lessen burger giantâs responsibility as an employer to restaurant workers by Heather Haddon concerns the problem of the companyâs ethics strategy. Business or corporate ethics being a form of professional ethics addresses moral principles or...
Introduction The ethics of driverless cars is a tough topic to address because many tragic dilemmas cannot be resolved without inevitable casualties. Even though the majority of virtual scenarios include extreme cases where the car has to decide who to kill, the real-life incidents show that there is a lot...
Business ethics is a concept taking its base primarily in general human ethics and applying those rules and guidelines in a business environment. Ethics itself is set of moral principles and laws that govern a just and civilized society (Bradburn 8). Business ethic refers to how peopleâs morals and fairness...
Introduction The communication with a boss is a delicate business. The following of the formal rules and subordination is an essential part of the corporate culture. The absence of the strict norms of interpersonal interaction in some companies may confuse an employee who is new in a workplace and has...
Introduction I am an employee of a large multinational oil and gas company that has 88 locations with over 100,000 employees all over the world. Oil and gas industry faces numerous ethical challenges, some of which are industry-specific, and some of which are generic (Raufflet, Cruz, & Bres, 2014). However,...
Introduction In this paper, seven articles that are related to the issues of ethics in management have been reviewed. The paper focuses on the moral responsibilities of managers, moral dilemmas, the ideas of absolutism and relativism, and the ethics of reflective action research. It is concluded that the managers are...
Introduction Project management is a vital aspect of any development project. Companies should define the processes that are to be used to ensure fair and open business. The procurement stage of any project comes at the beginning and thus it forms the base of the entire project. The best procurement...
Abstract Whistle blowing means informing the authorities regarding illegal or fraudulent activities by individuals or a group within the organization. There have been an increasing number of researches related to whistle blowing and the reason and antecedents behind it. The perception of wrongdoing, the responsibility, and judgement of the individual...
Introduction Ethical considerations in business are regarded as the necessary aspect of taking the reasonable and correct decision considering the opportunity of effective customer care strategy, proper advertising, and business development principles. The analyzed case study is closely linked with an opportunity of losing consumers’ trust, the advertisement department does...
Introduction Corporate social responsibility is basically an internal regulatory policy in any organisation. These policies are for the purpose of monitoring the organisationâs compliance to the written laws of the land. Every organisation has a social responsibility to maintain its operations within the law and protect the societal ethical standards....
Introduction The concept of leadership is an important part of the business operation and ethics in business, corporate, and industrial world. Work with people presupposes that a leader should coordinate the efforts of the group towards a certain goal. The main task of the leader is to make everything be...
Introduction Advanced globalization and expanse of multinational corporations has made it necessary to understand the cultural differences that arise in various management arenas. As it has been argued that corporate social responsibility (CSR) and citizenship are affected due to change in culture and region, therefore, it is imperative to find...
Introduction Corporate ethics is defined as part of guides, principles, standards, or values that take individuals through managerial decisions that go past lawful governance obligations. It takes care of this while taking into consideration the prospects of society. This includes the whole range of dealings with individual entities, societies, associations,...
Abstract In the current business world, the information constitutes a very important aspect that organizations exhaust all the machinery at their disposal to protect. This paper will look at how information and privacy relate to each other as organizations battle for a share of the consumersâ pocket. This paper will...
Introduction It is universally acknowledged that organizational ethics is primarily based on three pillars: strong management, leadership, and subordination. All of these points are crucial for handling the business successfully and keeping pace with the changes outside the organization. However, the principles and approaches used in managing business are often...
Laudable decisions Laudable decisions in the company can be seen through aspects such as accepting the responsibility for the incident, âsettling with many victimsâ. Such decision might not be seen from an ethical perspective, as falls more within the legal framework, but nevertheless, the decision to accept responsibility, and show...
Introduction A critical aspect of an organizationâs life is the realization of its competitive advantage. Attaining the competitive advantage hinges, largely, on an effective Code of Ethics and strategic planning to achieve organizational objectives. Code of Ethics is a general guideline that a company follows in order to explain to...
Paper analysis Business ethics or corporate ethics can be defined as ethical principles and moral challenges in a business environment (Goodpaster, 2002). It applies to all aspects of business conduct and professions. It is equally relevant to individuals just as it is to an organization. Business ethics address a wide...
Introduction This essay will review the basic principles of four theories of morality. The theories are reviewed in the light of a decision, which needs to be made. The decision involves a company located in Canada but with a manufacturing plant in Mexico. It has come to light that the...
Technology has revolutionized the way things are done including teaching, marketing, buying, selling, treating, counselling etc For instance the advent of internet has made the world a virtual global village by making communication between the people of the world simple and fast. To exploit the enormous resources provided by these...
Introduction The ethical and social obligations of organizations are basically self-regulating instruments that ensure that international norms, ethical standards, and the law are part of a businessâ functions. These responsibilities are therefore brought on by the fact that a companyâs activities have direct effects on the public, company staff, its...
Introduction Organizations are one of the major innovations by human beings and have led to improvement of the human life. For every organization to attain its full potential, it is necessary for it to incorporate the concept of management. Management is defined as the process through which the activities of...
Introduction âLeadershipâ at Mattel, is understood as âthe ability to develop and communicate a compelling picture of the future that inspires and motivates others to take actionâ (Mattel 2010). The same official website of the company suggests that the leaders who direct and control Mattel âalign themselves with Mattelâs core...
Overview The adoption and use of group counselling has been one of most viable ways of reaching out for counselling needs of the vast majority and also in a more effective way. Nevertheless, this modality has its own share of challenges which are directly related to ethical issues surrounding the...
Introduction The morals of a person can determine how the individual can manage a business. A virtuous personality is most likely to make a good business manager as compared to someone who does not possess any virtue. However, though persons may share the same virtues, their leadership, and management styles...
Abstract For more than 5 decades, Denny’s is the most distinguished family restaurant in the U.S.A. Denny’s was a pictogram of discrimination in the past. However, they handled the situation very diplomatically. Denny’s had learned lessons from its past mistakes. The diversity and inclusion policy of Denny’s is integral and...
Speaking about life in contemporary world it is impossible not to take into account business ethics. As a lot of modern life processes that influence human society are possible through business, it is important to consider business ethics. What is business ethics, what does it control and are there any...
Introduction Siemens AG is a German company started in the year 1847 and is now one of the leading companies in the telecommunications industry, providing electronics and engineering products and services globally. The company has always stated publicly its focus on good governance, strong corporate social responsibility (CSR) and moral...
Introduction Business ethics consists of both written and unwritten rules that businesses are supposed to adhere to while conducting business in the market place. Business ethics, just like other forms of ethics are geared towards providing guidelines for businesses to avoid unconventional practices that may be hurtful to the businesses,...
Modern societies hail whistleblowers as heroes. It is appropriate to give them the honor that is due them because of the personal sacrifices that they had made in order to âblow the whistleâ against their own organization. It is a hard thing to do, going against their own team, the...
Abstract There is usually a myriad of difficulties faced by business organizations on matters of pertinent decision-making approaches regarding workers. One such dilemma is in the case when a business entity would like to improve its profits against the relevant strategies to put in place. For instance, retrenching workers can...
Description of NAB tradersâ case The case involves two employees who were entrusted with trading in the National Australian Bank (NAB). Instead of two men; David Bullen and Vince Ficarra conducting their responsibilities as expected, they used the opportunity to enrich themselves by defrauding the bank a massive amount of...
Introduction The term corporate social responsibility (CSR) came in to familiar use in near the beginning of nineteen seventy. Corporate social responsibility is a form of corporate self regulation. It incorporated in to how an organization create, carry, and capture economic or social values. Business enterprises have the corporate responsibility...
Introduction Managers in organizations are charged with the responsibilities of leading and managing people. Each manager in an organization has functions that relate to the employees in the organization. Managing human resource refers to all the functions of the managers such as recruitment, training, employee motivation, observing personal and senior...
Introduction Business ethics refer to the ethical principles and problems that emerge in a business environment. It applies to the individuals in an organization and the organization itself. Individuals who act ethically in an organization retain their integrity and the integrity of the organization as a whole. There are ethical...
Introduction Ethics refers to the principles or rules that give a definition to the right or wrong behavior. Most of the people have a belief nowadays that humanity is suffering from an ethics crisis. The human conduct that was formally regarded as the behaviors that were not acceptable like covering...
Introduction Mattel, a giant toy producing company that has a global presence had to recall more than eighteen million toys (18m) from the markets around the world in the year 2007. Several things were not in order, and if left to the consumers, the toys would have led to serious...
Introduction The research aims to look at the work ethics of men in Japanese culture. Work ethics in this sense will be looked at from a workaholism point of view. In the end, this will develop awareness about variations in workplace ethics. Japanese men have been known to work for...
Introduction The business world has a lot of literature concerning how organizations can improve their operations in order to be competitive. Generally, principles have been developed by different authors that largely characterize how best performance in companies can be realized. Of much interest in the recent past has been the...
Workplace ethics Ethics refers to moral principles which govern cultural practices in a particular society. An individual is regarded to exhibit ethical conduct by behaving in accordance with established moral values. However, ethics are differentiated with individual perceptions and attitudes (Bryman, 2010). As such, workplace ethics are a product of...
Introduction Health care is a vitally important branch of human activity that allows people to get the necessary treatment and care in cases of illnesses, diseases, and slight weaknesses. Accordingly, the human-oriented character of health care provides for the crucial significance of ethics in all its aspects for this sphere....
Introduction Such a concept as socially responsible procurement (SRP) is relatively new; it emerged approximately fifteen years ago when it became clear that many international companies were conducting their business operations in an unethical way. SRP is a part of a broader set of regulations, which is called corporate social...
Introduction A gift is something given to another person, purely without expecting something back in return, while a bribe is something given in expectation of better treatment or to influence and alter the behavior of the recipient. In marketing, itâs important to observe professional ethics that regulate receiving gifts from...
Introduction Culture has a profound impact on global marketing. To start with, culture is a fundamental aspect of business negotiations. Secondly, culture affects the demand for both products and services in the market. Moreover, culture may act as the unforeseen entry barrier for an organization to a foreign market, and...
Introduction Social responsibility is the main concern of corporate today. Companies today, no longer make decisions based on profit-making purpose and maximizing stockholder value. They rather aim to act as socially responsible entities and help in optimizing stakeholder value. As a pharmaceutical company, Abbott is socially responsible for many cases...
Introduction All persons in society, whether in the private or public sector, are involved in ethics. Ethics is defined as the discipline dealing with what is good or bad and with moral duty and obligation. Thus personal ethics has been referred to as the rules by which an individual lives...
Introduction The bottom line for any business enterprise, regardless of scale, is profit. Every other consideration falls behind this main point of focus. However, of late, companies have come to place an almost equal weight on their impact to public interests. This is because it is the public – after...
Introduction Nalco is one of the world’s leading water Treatment Companies. The company has committed itself to ethical practice through various documents. The mission and vision statements show ethical commitment to offering high-quality services. Its mission, to offer quality services, and vision, to create lasting relationships with customers show ethical...
Overview Nowadays, it became very fashionable among many business-owners to declare their allegiance to the principles of a so-called âethical managementâ, as the direct pathway to generating even bigger incomes. According to proponents of this type of management, the extent of every companyâs competitiveness is being somehow reflective of its...
The general description of the Corporate Social Responsibility has the basic implementation of several issues for sustainable development in the business world as well as an efficient managerial role. Key areas of the CSR might be diverse as well as has arisen of confusion due to the transformation of geographic...
Introduction While contemplating ethical perspectives in the field of customer care it should be remembered that customer care is inherently and characteristically a service. RelaxO’s customer care establishments should always be compassionate and humanitarian in nature throughout the course of its operations in India. They should and continue to be...
Introduction Business ethics refers to the standards, rules, and moral values that govern the running of business activities. More precisely business ethics refers to the accepted practices within a business organization which define the ways in which the people within the business should behave so as to enhance their co-existence...
Part 1 According to the Consequentialist theory of ethics the outcomes of an action should justify whether the act was right or wrong. Melvin, H. (2005) stated that the good result should indicate the incensement of happiness or decrease of unhappiness that demonstrate the correctness of the act. So from...
Introduction The meaning of the term corporate social responsibility (CSR) has evolved over the years since the concept was constructed during the early fifties. In discussing the emerging issues on corporate social responsibility, the definition of the term as used by Kotler and Lee (Kotler and Lee3) will be used...
Introduction Our lives involve making different decisions continuously. We are at many times interested to know whether we are doing the right or the wrong thing. This especially applies when we are faced with ethical dilemmas that require us to make a difficult choice on our part. This kind of...
Introduction Business accountability that promotes business objectives towards stakeholders rather than sponsors and shareholders is the crucial issue of the term Corporate Social Responsibility (CSR). Employee welfare, civil society and general community and the environmental protection are indulgenced under CSR. In this paper, CSR with business ethics and corporate governance...
Businesses do not act in a socially responsible manner nor should this be an expectation, it will never happen. Only the persons within organizations can choose to accept social responsibilities. A corporation is not made of flesh, blood or brains. It has no emotional ties to its employees, society or...
Introduction Corporate citizenship is defined as a corporate organizationâs sense of responsibility towards the community in its area of operation and its surrounding environment from which it derives its resources (Business dictionary, 2010). According to the dictionary, firms exercise corporate citizenship through their participation in waste and environmental pollution management...
Introduction: The CSR Concept Origins and Breadth The present concepts of corporate social responsibility (CSR) have their origins in corporate giving for public relations purposes and in socialist governance policies that flourished in what became the European Union. Another important component of CSR is adherence to global norms of conduct,...
Introduction The United Arab Emirates is a young country that was set up in the year 1971 at the time when six states merged. These states that came together include Al Fujairah, Dubai, Arabian Gulf-Abu Dhabi, Sharjah, and Ummal Qaywayn. The Gross national income for this country is not much...
Background Wal-Mart is a retail giant. According to walmartfacts.com, Wal-Mart operates over 3,800 facilities in the United States and more than 2,600 facilities overseas. More than 176 million customers per week shop at Wal-Mart. It employs over 1.8 million associates worldwide, making the company the largest private employer in the...
A free market for ethical values 1-37 For successful running and proper coordination of an organization, it is important that ethics are observed and a proper plan that identifies the various aspects of the organization is essential. This helps overcome situations that are contrary to the code of ethics while...
According to âBusiness Ethicsâ (2003), business ethics is defined as the moral principles and values that administrate the behavior of an organization. It points out the basic beliefs and priorities of the organization in solid terms. An organization can therefore gain a particular status; bad or good, depending on the...
Moral Problems in Business Management Morals and ethics are very important in the organizational context. Organizations are made of people and their collective values make the basis for the moral and code of ethics of the organization. The organization as a whole needs to perform certain duties to society. This...
Introduction Business ethics and social responsibility are two aspects of a well-functioning organization. Business ethics is divided into two terms such as business and ethics. Business means an organization where purchase and sale of goods or services to earn maximum profit. Ethics and morality are considered as the same thing,...
Introduction Business ethics is an important part of modern life and entrepreneur activity. The five current issues and questions selected for analysis are: Can racism and racial discrimination be justified in business for making profits? (Cohen 2009b) Are mortgage brokers responsible for unlocked loans? (Glink 2009). Is it possible to...
Workplace ethics is one of the most important issues today as it determines privacy and confidentiality. Every employee can expect workplace safety and healthy working conditions. If it can be agreed that ethical behavior is legal behavior plus some other element, then it is important that this additional element be...
The issue of ethics can be rated as one of the oldest subjects ever to be discussed. The discussion can be dated as back as 2500 years during the days of great philosophers like Socrates and Plato. This topic which tries to explain what is the right thing to do...
Introduction British Telecom was first introduced in 1980 as a service provided by the Post Office Telecommunications division of the British Post Office Department. On the first of October 1981, Post Office Telecommunications changed its official name to British Telecom. British Telecom became am autonomous state-owned corporation. In 1982, when...
Introduction Consumer privacy may be defined as a consumerâs right to protect the rate and the extent to which their information is accessed. More often than not, companies are keen on dealing with consumer privacy both for the sake of the consumer and for themselves. This is large because business...
Introduction Global business is the modern form of business in this 21st century. Global business involves the interaction of people from different cultures, societies, and diverse background. This paper will therefore try to identify different theories which govern ethics in a business setting, managing across cultures and across a diverse...
