Introduction Google has become an indispensable assistant for billions of people around the world. The tech giant won the approval and trust of users but also became the target of public criticism for privacy issues, unfair competition, and the provision of irrelevant information for search queries. In 2020, the US...
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Following ethical business standards implies compliance with relevant norms and principles of interaction with customers and other market participants. Corporate social responsibility (CSR) approaches, in turn, are practices aimed at making efforts to address social issues at the initiative of business owners. According to Ferrell et al. (2018), researchers often...
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Decisions in organizations should be value-driven It is important to adopt a respectful as well as ethical performance management system because it improves organizational decision-making. The destiny of a person is the combination of the decisions which they take in their lifetime. This is the same case in organizations as...
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Introduction Ethics play a vital role in an organization for the guide employers and employees in their conduct in the workplace, thus, increasing the organization’s output. Adherence to ethics in an organization promotes good morals among its members, resulting in mutual understanding and teamwork and benefiting the organization. Ethics enables...
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Business ethics refers to the moral principles that determine the activities of a company or business. Common issues that fall under this umbrella include employer-employee relations, discrimination, environmental issues, bribery, insider trading, and social responsibility. Although many laws establish basic ethical standards in the business community, developing an ethical code...
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Introduction A self-policing business approach known as “company social responsibility” enables a firm to be professionally accountable to its clients, staff, and investors. Commercial social duty, sometimes referred to as corporate governance, is a way for businesses to become conscious of how their actions affect the economic, social, and environmental...
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Apple Inc. is dedicated to revering the greatest labor standards, ethics, human rights, and environmental conduct. Apple suppliers are necessitated to offer secure working conditions, utilize ecologically responsible practices when making goods or offering services for Apple, treat employees with respect and dignity, and act ethically and fairly (“Business conduct,”...
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Introduction Corporate directors owe the corporation and its shareholders a fiduciary obligation of trust and confidence. This fiduciary responsibility entails an obligation to obey, a duty of care, loyalty, and an act of good faith. Directors have to count on others for information, opinions, reports, or comments from experts, reliable...
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Introduction The concept of corporate social responsibility (CSR) implies that a company voluntarily assumes additional obligations to society. In other words, it not only pays taxes and produces high-quality and safe products but invests in its employees, the environment, and the territory in which it operates. Corporate social responsibility does...
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A team is a collection of people who have definable membership, group consciousness/solidarity, and a sense of shared purpose, are interdependent, able to interact and sustain one other, and have the ability to work together. A team is built when a need for the provision of problems solution is required,...
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Welfare economics provides the theoretical underpinnings for cost-benefit analysis (CBA) since it focuses on consequentialism. The cost-benefits analysis aims to maximize the societal surplus, which means maximizing the overall good for humankind. Conducting a cost-benefit analysis entails identifying the expenses considered as negative implications and the benefits called positive effects...
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Introduction Drug testing is only in compliance with an employee’s right to privacy if the information it seeks is pertinent to the employment contract. Desjardins and Duska then evaluate the claim that knowledge of drug usage is information that is relevant to the job (1987). Being shielded from specific evils...
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Introduction Businesses are expected to engage actively in corporate social responsibility activities. This statement relies on the idea that organizations typically have sufficient resources to address various problems and make life better for people. Nike understands the importance of this activity, and various initiatives prove it. In particular, Nike established...
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It is important to note that ethics and adherence to ethical conduct are cornerstones of public relations (PR). This lesson was learned by all PR organizations by engaging in highly controversial and ethically questionable endeavors. The case is centered around Burson-Marsteller (B-M), which justified its assistance to the cruel Argentine...
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Discussion on the Necessary Changes It might be assumed that currently, the company has a profit-maximizing ethical climate, given that the employees – for instance, the ones who were fired – act not in accordance with client interest. Instead, they tend to behave unethically in order to gain maximum profit,...
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Companies experience rising pressure to implement more ethical business practices in the current political climate. It can only be considered a positive development, especially for the employee. An ethical working environment is effective, tolerant, and inclusive. It would be much better for the mental health of the workers. High ethical...
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Introduction Working professionals in every field place a high emphasis on ethics and principles. The consequences of unethical operations can be devastating, as seen in the Enron scandal of Enron Corporation. The controversy broke in October 2001, resulting in the company’s insolvency and the de facto collapse of Arthur Andersen,...
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Introduction Modern businesses have broadened their corporate goals and objectives as they seek to integrate most of the issues affecting modern society. For example, companies make hefty investments in such causes as environmental and social problems. These initiatives can be captured within the broad concepts of corporate social responsibility (CSR)...
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Background Nowadays, there are many views on administrative ethics, however, there is one general concept about what it concerns. Administrative ethics refers to the norms and notions of moral aspects in the context of the executive service. It has been found that the ethics of neutrality suppresses independent moral judgment,...
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Introduction TOMS established its entire business policies around promoting social and ethical good. For every product sold, the company gives away another one to someone in need. It also provides the poor with other commodities such as sunglasses, coffee, and clothing. The company also uses hybrid organizations and B Corporations...
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Abstract In conditions of unequal access to market opportunities and distinctive financial capabilities, charitable organizations can operate on different principles and strategies to achieve their goals. However, there are general approaches both non-profit and for-profit firms follow, particularly corporate social responsibility and fundraising. Some organizations use individual income from commercial...
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Introduction Corporate social responsibilities include environmental conservation, fair trade participation, and providing social amenities such as hospitals and charity works. Companies engage in CSR to improve their relations with their employees and the surrounding communities by reducing the business’ implications to the surroundings (Gehlo & Pati, 2019). The research aids...
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Corporate social responsibility (CSR) is a self-regulatory business model that enables a corporation to be transparent and accountable to itself, its stakeholders, and the general public. Companies may be aware of the influence they have on all parts of society, mainly financial, social, and environmental issues, by engaging in corporate...
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Ethical behavior, social responsibility, and environmental sustainment are now some of the key principles necessary for any business to succeed. The awareness of customers around the world about ethical consumerism keeps rising. Companies are expected to behave not solely as profit-oriented businesses but as socially responsible civic actors. Caring about...
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Introduction The opioid crisis in the US is now recognized as a national problem. In 2016, the total number of deaths from opioid overdose exceeded those from road accidents and gunshot wounds (Vivolo-Kantor et al., 2018). Long-taking prescription painkillers can lead to severe drug addiction. One of these most popular...
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Abstract Due to its impact on business operations and success, implementing ethics and values in human resource management (HRM) warrants an in-depth analysis. The organization’s adherence to the set code of conduct fosters values common to everyone, strengthening employee loyalty and boosting organizational effectiveness. A meticulous ethical framework might be...
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Sunrun: Overview Sunrun is a solar panel company that operates on the territory of the U.S.A. The organization was created in January 2007 in order to make the planet more ecological. Lynn Jurich, Ed Fenster, and Nat Kreamer were co-founders who decided that everything should be run by the sun....
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Introduction Business leaders need to understand ethical issues and apply them prudently in their daily operations if they need to ensure the reputation of their organizations is maintained. Ethics mainly involve doing what is good rather than evil, being fair, and/or doing the actions while avoiding wrong ones. The increasing...
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Corporate Social Responsibility (CSR) describes the practices and policies of a company that is aimed not at generating financial profit but at bringing good for stakeholders. In particular, this concept includes the organization’s philanthropic activities in relation to society, the environment, or the community. CSR is a commercial company’s contribution...
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Business Case Overview Research The performances of business entities depend on the administrative policies initiated by organizational cultures. Banking facilities are one major institution that utilizes collaborations in the management of financial services. The Wells Fargo financial institution became the third-largest bank by asset ownership in 2008 after the acquisition...
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Introduction Ethics are important for all business organizations since failing to adhere to them would lead to violations of laws that would negatively affect how organizations operate. On the other hand, laws are legal codes every human has to follow and are set to govern culture. Trentesaux et al. (2022)...
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Summary and Overview In the modern world, businesses and corporations face a range of ethical, social, and sustainability issues in their operations. While countries do have regulations guiding corporate behavior, ethics in international business are often based on cultural and geographical differences; a normal practice in one nation is illegal...
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The global economy is expanding extremely quickly, and regardless of how competitive the global market may be, both emerging and developed nations are eager to get their products on it. In a broad sense, companies are only established to make money, forcing them to operate in a coercive manner (Anaf...
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One of the things that must occur no matter where you are in conflict within a company or institution. However, what counts most is how you handle these issues. It might be challenging to focus on just a few more frequent causes of conflict between people or groups since there...
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Introduction Walmart is an American multinational retail outlet that has many hypermarkets spread across the world. Some of its most prominent retail shops are grocery and discount department stores. Walmart is an icon in the American retail business and has its headquarters in Arkansas, the United States, where it oversees...
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The present business letter targets two important aspects of the internal politics of the business that you manage. These issues concern the corporative ethics-related problems that emerged in the company during the past five years, as well as the challenges that may be caused by the events that happen nowadays....
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Gender inequality in work refers to the unequal treatment of employees based on their gender. This can manifest in a number of ways, from wage disparities to being denied opportunities for advancement. Women are especially likely to face discrimination in the workplace as they often continue to be seen as...
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Introduction In spite of using scandalous methodologies at times, the rankings attract much publicity. Due to this, corporate social responsibility has risen as an inescapable priority for business leaders in most nations. The majority of the firms have already accomplished much to better the social as well as environmental effects...
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Introduction Modern companies are no longer expected to limit their obligations only to providing consumers with quality products and services. Instead, businesses also need to deliver on corporate social responsibility (CSR) and embrace the principles of conscious capitalism (CC). Nike is one of the largest apparel companies in the world...
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The very brief summary of the book offers interesting topics from privacy and workers’ rights to diversity and stereotypes. The topic of this precise work is multi-ethnic diversity in the workplace and the importance of maintaining it. The benefits of diversity in the workplace have been extensively studied and documented,...
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A code of ethics is a set of rules aimed to assist professionals to continue to do business in an ethical and responsible way. An ethical code’s documentation may define the company’s or group’s objectives and values, how specialists are expected to handle challenges, the ethical principles predicated on the...
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Hello, Mr. van Beurden! Due to Apple’s declining performance during the coronavirus pandemic, I am writing to you with a proposal to improve the ethics of your business. At the reporting conference for the fourth quarter of 2021, you admitted making large-scale plans to reduce costs against the background of...
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Volkswagen, a German automobile enterprise, has received several ethical violation charges since 2015. At first, the company was charged for applying temperature-sensing devices to interfere with the vehicles’ emission control systems. However, the company admitted to no wrongdoing and settled the charges with the Environmental Protection Agency of the United...
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Introduction Humans respect their privacy and the safeguarding of their domain of personal existence. They desire some discretion over who has access to their information. The convergence of growing technological prowess and diminishing clarity and consensus on privacy creates legal, ethical, and policy issues. Cambridge Analytica was a data mining...
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This case’s ethical issue is the consideration of Raider Inc. of defaulting on $250,000 of unsecured debt that PLB owes Johnson Printing. This issue is ethical because Johnson Printing has been on PLB’s side for many years and contributed to PLB’s success. This move by Raider Inc. can help PLB...
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Maybelline is a global cosmetics brand that manufactures make-up merchandise for women worldwide. With over 200 products in the line, Maybelline New York is among the most accessible make-up brands. After over a hundred years of its development, Maybelline has achieved significant milestones in the beauty and fashion industry. The...
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The triple bottom line is a concept describing the principle of a triple social responsibility of companies in financial well-being, environmental impact, and social responsibility. Usually, managers do not give equal attention to their responsibility in the spheres of the planet and people. However, the development of a system of...
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As a responsible firm owner, I would choose option A and install the necessary equipment. Halbert and Ingulli (2014) state that ethical preferences are enforced not by law but by individual’s consciousness. Not only would it allow me to resolve the matter with EPA, but it would also be an...
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Introduction Businesses in the past did not face harsh consequences for their bad reputation since unethical issues could not be shared as far or as much as needed. Nowadays, social media enables many people from different regions and places to acquire information about the ethical culture of a particular company....
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In my opinion, ethical leadership is about articulating and substantiating an organization’s goals and ways of achieving them, making sure people put their ego below their firm’s success. An ethical leader’s responsibility is, as per Gnazzo (2011), to ensure that an organization’s values are always kept track of by management...
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Introduction Zoos have been necessary for our mankind’s set of experiences from the earliest starting point when early people started archiving what befell them. However, there are many discussions about whether there are ethical standards in the organization and maintenance of zoos and aquariums. As a rule, numerous creature defenders...
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Introduction In every business organization, there are laws designed to be followed by the organization’s employees. Some rules are taken into consideration by the law enforcers, who are the organizational stakeholders. Without anyone in charge of the law and ensuring that everybody adheres to the stipulated rules, it would be...
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Ethics refers to moral philosophy which guides an individual or a company’s behavior. Ethics define what is right and wrong depending on the views and fundamentals of society. Code of ethics offers an ethical framework that guides all decisions within a company (Rossouw & van Vuuren, 2020). Code of ethics...
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The case study presents almost an ethical scenario in a business setting. The main protagonist is Nasira, who is young first-serious employment at K9DC, a producer of various pet accessories. The company orders parts and assembles them in Michigan, using the made in USA trademark. It is Nasira’s job to...
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Fraudulent manipulations of big corporations result in significant damage to their workers and stockholders. One of the most prominent examples of such acts is the Enron scandal related to false financial reporting (Petra & Spieler, 2020). The largest energy company started to engage in deceitful practices by removing a substantial...
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Background Human beings desire to act in a way that improves their life. This mainly entails acting ethically both at an individual and community level, including the conduct of governments and businesses. People have different moral values which have resulted in the creation of different moral theories. A moral theory...
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Summary of the Article In the article, a Working Group established by the International Ethics Standards Board for Accountants (IESBA) and the national standards from China, the U. S., THE United Kingdom, South Africa, Australia, and Canada analyzes the impact of Covid-19 pandemic on accounting. Specifically, the authors seek to...
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All Uber products are entirely digital, allowing the company to reduce costs. However, in this case, an ethical dilemma arises in providing services to clients. The moral dilemma is that a company faces a consumer privacy issue and cannot protect its data while protecting consumer safety is a crucial requirement....
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Although Apple is one of the largest companies in the world, with millions of people in possession of their gadgets, they hire outside contractors to make their products. One of the largest producers for Apple, according to the article, is Foxconn. The latter, a company based in Taiwan, manufactures products...
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Introduction The Corporation is a 2003 documentary that explores corporations, their influence, and their societal and legal rights that resemble the rights of a fully conscious individual. The movie directors Mark Achbar and Jennifer Abbot point out all the ethical problems that modern-day corporations portray by having business practices that...
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The main argument of the article by Snyder (2014) is that people should not use the Uber application to travel around town and instead use alternative transportation methods. The issue with Uber that Snyder (2014) focuses on in this article is how this company operates, including the safety of the...
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Wells Fargo is committed to doing business in a way that benefits communities, the economy, and the environment. In this regard, it appears that the company’s suppliers share its values and ethical standards. Accordingly, supplier operations must comply with Wells Fargo’s policies. Wells Fargo (n.d.) asserts that each supplier is...
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The relationship between government and business is one of the key areas of socio-political communications, which are aimed at harmonizing the interests of organizations with the interests of state authorities at various levels to reduce risks and ensure sustainable development of all parties. Coordination, expressed primarily in lobbying the interests...
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The first course of action is to address the growing threat of insider attacks and prevent employees from making any public disclosures that are not supported by strong evidence and approved by higher management. Strict confidence is required because it will serve as a means of protecting the company from...
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Major Facts CJ Industries (CJI) was granted a 5-year contract with Great Lakes Pleasure Boats. The agreement has the huge long-haul potential for CJI if it is persistent in providing Great Lakes with its boats on request. Heavey Pumps is an organization that supplies CJI with bilge pumps. Notwithstanding, the...
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Introduction People have always been arguing about marketing ethics and the way it can be justified. Unfortunately, advertisers are unlikely to act fairly toward their target audience. The more lures any advertiser invents, the more clients they will attract. This fact corresponds to increasing profits forcing managers to resort to...
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The purpose of the business is to provide and sell digital art products and digital works for people who need them while specializing and/or tailoring our products to their visions. The business will start by collaborating with the clients through understanding their needs and what new products they desire to...
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I would say that American society today is characterized by the market capitalism model. Competition is seen as a sine qua non and driving force for development. The basis of business ethics and the regulatory system is considered the creation of conditions for the competition of all economic agents. The...
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Introduction One of the critical legal issues of 2020 for business was the Coca-Cola Co. v. Commissioner case, which resulted in the loss of the Coca-Cola company. It was a multi-year and multi-billion dollar tax dispute of the company with the Internal Revenue Service (IRS) of the United States. As...
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Introduction Tesla, Inc. strives to improve lives by introducing electric-powered automobiles. The corporation seeks to develop its ecosystem through its vision and mission. Its vision states that it is to create the most compelling car company of the 21st century by driving the world’s transition to electric cars (Li, et...
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Abstract The problem of implementing business ethics and values in human resource management (HRM) needs to be explored due to its influence on the company’s operations and overall success. The organization’s compliance with the established code of conduct promotes universal human values, improving employees’ loyalty and enhancing organizational performance. A...
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Introduction Nike, a multinational corporation, has been accused of utilizing sweatshops and worker abuse to manufacture and produce apparel and footwear in East Asia. After increasing prices and the cost of labor in Taiwanese and Korean factories, the company started contracting in other nations in the region. From a financial...
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Correctional facilities can prevent unethical behavior in the workplace by hiring people whose primary motivation is not personal gain, giving satisfactory wages, encouraging workers to develop professionally, training staff sufficiently, implementing an ethics code, rewarding positive changes, punishing violators of ethics, and adopting external review processes. Although ethical frameworks have...
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Code of ethics is an important part of every organization. Its primary purpose is to lay out acceptable behaviors and rules that all professionals should follow in their career paths. It also acts as a principle that helps specialists run business activities with honesty and integrity. There are various associations...
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Abstract Coca-Cola is a large international company that owns several brands in the market of non-alcoholic carbonated beverages and produces and sells its goods on a global scale. Its recent market performance in Ethiopia has become a trigger of significant legislative, economic, and ethical concerns for the international community. The...
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Scenario Analysis The concept of ethics is a system of norms of moral behavior and responsibilities of people about each other and society as a whole. Labor activity is one of the leading types of human activity. Being in different situations, a person performs actions in the labor process, constituting...
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Abstract The transitions in contemporary civilization necessitate implementing and complying with a moral code of conduct. All employees are highly regarded in business communication ethics, regardless of social status, training, or age. For example, Apple faced criticism for its supply chain’s labor practices following an unbelievable inquiry that discovered additional...
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Introduction Nowadays, shareholder profit maximization has ceased to be the only goal of well-known public companies. Over the past few decades, corporate social responsibility (CSR) has also become a priority (Sigel, 2021). According to Bateman et al. (2020), the concept of CSR stands on four pillars — economic, ethical, legal,...
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How Wells Fargo Incorporates Its Issue-related Values Organizations are mandated to operate in accordance to communities values and since Wells Fargo is a customer oriented company. Hence, its mission has to be aligned to the customers needs. The company expects its team to maintain the highest standards of business standards...
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Introduction The principles are related to the wrong and right conduct within individuals or groups. Ethics helps people in developing principles and rules that acts as guide to meaningful decision-making. It is a form of professional ethics in a business environment(Ferrell et al., 2018). Business ethics examines the moral and...
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Introduction Ethical behavior is an essential aspect of business growth and development. Corporations establish business ethics to promote integrity among their employees and improve shareholders’ trust, such as investors. Well-implemented ethical standards lead to business growth and are essential in the business operating environment. Ethics drive employee behavior and benefit...
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Situation Luckin Coffee, often referred to as Luckin, one of China’s most prominent coffee corporations in the country, was under the radar of the United States Securities and Exchange Commission, the Chinese Securities Regulator, and China’s State Administration for an accounting scandal or rather fraud. Precisely, Luckin falsified its bank...
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Introduction Maintaining an impeccable reputation is nearly impossible in the business setting, especially for an organization that works on a global scale. The act of being exposed for a certain misstep representing the violation of an ethical code has become quite common for a range of organizations in the present-day...
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According to Terris (2013), despite the notion that Lockheed Martin has many strong sides to its ethics, there are still significant limitations and gaps related to the broader structure of the ethics industry. I agree with Terris’s notion regarding Lockheed’s ethics program and its poor ability to prevent ethical breaches...
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Every person encounters various problems that require choosing between ethical and unethical behavior, especially in business settings. If I were in a position similar to the one described in the presented case, I would probably struggle with my decision. While the most appropriate solution may be to terminate the drug’s...
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Summary Business ethics refers to corporate beliefs, ideals, and standards that might come from employees, corporate policies, or the legal system and are intended to govern individual and group behavior in the workplace. There are several arguments why corporate ethics is a component essential in every company. Business ethics enables...
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Introduction The legality and ethics of companies are often closely related as most governments try to prohibit practices that could harm the public and individuals. However, more and more legal but unethical practices are manifested in the work of technology companies since states cannot predict all the new nuances of...
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Introduction In the contemporary world, businesses are considered the moral actor for the good of society. However, the conventional view of businesses to act ethically by concerning themselves with the larger social goal is being challenged by political influence (Sastry, 2016). Politicians being owners of some big business organizations, impact...
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Proposal In the present day, emotional intelligence has already become an intrinsic part of the modern business world. The majority of companies consider emotional intelligence to be no less significant than professional skills and knowledge. In other words, no matter how a person is competent in his sphere – he...
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To determine if there is an ethical problem related to Chiquita’s case, it is necessary to define what an ethical problem in management consists of. There is a wide variety of definitions, yet most of them imply that an ethical issue should contain one main component. The above-mentioned aspect refers...
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Introduction Corporate social responsibility (CSR) is a concept that has gained massive popularity in the recent past as corporations try to give back to society. According to Hategan et al. (2018), successful business entities have realized that they can achieve sustainable success if they have the support of the immediate...
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In workstations, fundamental ethical issues include encouraging conduct based upon trust and integrity, empathetic resolution-making, accepting diversity, governance, and compliance, consistent with the core values. On the other hand, ethical principles encompass general standards of wrong and right, describing the behavior type a moral person should and should not engage...
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Introduction As the world continues to develop and people embrace globalization, there is an intense need to increase ethical practices in business. Ethical practices are mainly moral principles that guide an individual’s activities when performing their duties. Going against the practices is not necessarily prosecuted, but they should be strictly...
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Ethical norms and standards of behavior have deep historical and philosophical roots. Philosophy and ethics originated in ancient Greece. The development of the world economy, the emergence of corporations, which directly or indirectly involve tens of thousands of people, made ethical issues relevant. Codes of ethics and rules of different...
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Introduction The case study is based on the experiences of Jack, a college student who is between his freshman and sophomore years of study and who works as a ticket collector at a local movie theater to help him save money for college. He is concerned that staff and top...
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Business ethics gathers pace and becomes one of the central issues in most countries. As a student interested in business governance and ethics, I cannot overpass the problem of corruption in African countries and how bribes and kickbacks help leader corporations get contracts and perform in the business sphere. The...
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Introduction Human relations are part of the human resource management process but it is more focused on the well-being of the employees for better performance. Human relations involve employee training, developing a culture, addressing employee needs, and resolving conflict in the workplace. Understanding the importance of creating and maintaining good...
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Introduction In 2013, a cross-sale scandal erupted from a Wells Fargo bank in Southern California. According to Corkery (2016), Wells Fargo employees opened bank accounts and issued debit and credit cards to customers without their permission. The report says that the scandal emerged after the customers started receiving the cards...
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Introduction As an illegal use of an individual’s power provided by an official position to gain benefits, corruption remains a highly disturbing problem that currently affects almost all spheres of people’s lives. It may take multiple forms, including bribery, extortion, protectionism, privatization and illegal resource distribution, illegal financing of public...
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The Sarbanes Oxley act establishment was in 2002 by the United States Congress; fraud practices carried out by corporations facilitated its development. The act was needed to protect the public from erroneous practices. Michael, a representative, initiated the bill, and Paul Sarbanes, a senator, responded to scandals experienced by Typo,...
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