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...
Introduction Social responsibility within the organization refers to the act of being self regulated when dealing with the company’s activities. It means that the employees within the organization are able to monitor their activities within the organization as they relate to each other, to the customers, suppliers community as well...
Introduction 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 on that ethical behavior is legal behavior plus some other element, then it is important that this additional...
Introduction Thesis: Views on what social responsibility within the business world involves differ with Friedman, for instance, stating that it consists in maximizing profits and other scholars believing that it should focus on bringing good to the society; considering the moral justifications of each of these views and supporting them...
Utilitarianism Moral issue question: The moral issue question is covered in the notion stating that banks impose too much control over the financial resources of debit card owners. Thus, the owners of these cards have nothing but consent tacitly with the existing provisions. Option #1 First of all it should...
Introduction Without ethics and social corporate responsibility businesses can become exploitative. A few years back organizations were concerned about making profits; only without concern for sustainability. In this era of globalization, businesses cannot afford to ignore the issue of ethics and social responsibility because with the media highlighting unethical behavior...
Doing the right thing may not always be the easiest path, but it is the path that keeps you looking forward instead of over your shoulder. There are several ways to go about making an ethical decision. You can consider how the general public would react to your decision if...
Introduction The importance of morals and ethics today, as it has always been, is their power in molding peopleâs attitudes and tightening up behaviors. They endow society with a basic social need by outlining the behavior expected from everybody within the society. This helps in people living together harmoniously and...
Introduction Entrepreneurial ethics is one of the challenges in forming the culture of civilised business, as ethics in general is the doctrine and the practice of behaviour of individuals according to the ideas about the proper, and the good in the form of ideals, moral principles and norms of behaviour....
Introduction Nowadays, the policy of corporate governance is closely connected the psychological and human factors. It is obvious the human behavior and moral values of the worker strongly influences in the process of decision making. Therefore it is reasonable to discuss what the main reasons for decision making are. There...
In lieu of the current economic crisis, why should we allow capitalism in any form? Why should we not reject capitalism altogether and embrace socialism? What is there left to say in defense of capitalism? The current economic global crisis in this age of capitalism has raised many questions on...
Corporate social responsibility refers to a category of business judgment making associated with principled values, fulfilment of legitimate requirements, and recognizing the values of respecting people, society and the environment. It relates to the execution of business in a manner that lives up to or exceeds the ethical, economical, legalized,...
Introduction A WB is a leading Australian company involved in the international marketing of Australian wheat. The company was listed in the Australian stock exchange in 2001 long after taking over from the Australian wheat board. Its responsibilities entailed seeking an international market for Australia Wheat a factor that saw...
Corporations 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 A large percentage of all financial activities are constituted by market transactions. Many of these market transactions are trades that happen in organized exchanges, such as, currency market, stock market, options markets, and the like. Looking at market transactions, the key ethical problems affecting them arise from unfair trading...
The companyâs strong relationship with stakeholders is measured based on confidence, trust and cooperation. This means that the stakeholdersâ interest to the company will be high if there is high trust, respect and good team work. This is majorly primary strategic management. For a company to maintain its competitive advantage...
Introduction Ethics is just being right or wrong, good or bad, fair or unfair, blameworthy or praiseworthy. (www.onlineethics.com, 2008) Ethics are the moral principles and values that govern the actions and decisions of an individual or group. They serve as guidelines on how to act rightly and justly when faced...
Business landscape in the 21st century is becoming more aware of its impact on the communities around them and the world at large. Corporate social responsibility and ethical behavior are expected from companies who wish to achieve success in the international arena. Therefore, corporate responsibility is one of the staples...
Conformity to laws and policies. Each employee should be guided by the country’s laws and the company’s internal policies to perform the job at the highest level and without any law-breaking activity. Discrimination and injustice. Every person within the organization should have a right to perform his/her duties without being...
Samsungâs Perspective on Business Ethics Despite the fact that the current corporate and business environment calls for the increased attention in terms of addressing ethical conduct, it is very uncommon for the management to include any information about ethics programs or general ethical conduct in the corporate responsibility reports (Webley,...
Describe how Agility Logistics engage in corporate social responsibility by giving specific examples Agility Logistics engages in corporate responsibility in several ways, with humanitarian logistics, green steps, and investing in the community as the key areas (Manibo para. 3). Under community investment, Agility Logistics supports a Lebanon-based cancer treatment center....
Introduction The phenomenon of globalization not only changed the rules of business but also irrevocably affected society. Corporate Social Responsibility (CSR) is the result of studying and compiling new principles of interaction between employers and workers. The essence of this term is a set of economic and social measures and...
Modern business is in its infancy, and its development and strengthening will largely depend on how timely and adequately it perceives the basic principles of corporate social responsibility (CSR). Only in this case it can become the engine of positive changes in socially significant spheres of society, create and maintain...
âThere is one and only one social responsibility of business â to use its resources and engage in activities designed to increase its profitsâ The integrated concept of âprofitâ making refers to the fact that our economy is treated as an ingredient of the social system and when integrated in society,...
Employees are required to have their share of autonomy at the workplace. The strategy of the employer to surpass the freedom of employees by conducting various tests to ascertain the possibility of drug use is an intrusion into the privacy of an individual. Employees are facing various assaults from employers...
Abstract This is an evaluation report of the Coca-Cola company’s social responsibility program. It starts with an introduction then gives a brief background of the company and then gives an evaluation report of the company’s social responsibility program. The paper then ends with a conclusion. Introduction When trying to understand...
Abstract Professional ethics is the responsibility linked to an occupation or profession. Individuals engaged in these economic activities have vital role of taking decisions over others. The professional code describes the techniques of using these powers. The codes propose guidelines for directing the values of profession. Learning ethical code does...
People expect companies not only to perform the traditional function of delivering goods and services to all people who are willing and able to pay for them but also to help society solve its problems. If a company’s involvement in social problems is seen as desirable, the organization is socially...
Introduction Ethical issues are significant to all types of research, as they can influence the outcomes of research, study results, or the dissemination of knowledge following a study. Ethical planning helps to avoid ethical issues in research, thus improving study design, as well as the validity and reliability of results....
Introduction This paper seeks to critically evaluate the statement that that there is only one social responsibility of business â to use its resources and engage in activities designed to increase profits. This paper will see the application of this statement in the experiences of some companies in the real...
Business ethics programs Business ethics programs are desirable since they help companies to put in place operational mechanisms that ensure that they work in line with the ethical standards of business operation. As observed in the case, the Nike Company has been on the limelight for the enhancement of unethical...
Introduction Business ethics refers to activities that a business organization gets accustomed to and follows strictly in the course of its activities. These regulate how the business interacts with its customers as well as the world at large. Some businesses get mainly concerned with money and pay minimal attention to...
Introduction The aspect of business ethics is one of the areas that require players in the business world to observe particular moral principles to facilitate the execution of actions that bear desirable outcomes. The notable ethical theories that businesses in the contemporary world observe include virtue theory, utilitarianism, and deontology....
Introduction It is imperative to note that the role of corporate social responsibility (CSR) is an interesting topic that has been actively discussed by scholars. Many companies have recognized that the focus on this approach is vital because of such issues as damage to the environment and others. The issue...
Definition CSR is defined as the corporate obligation to contribute to the betterment of society. The obligation encompasses quality improvement for the people and processes. The people are employees of the company, stakeholders, consumers, and the public. The processes are corporate processes and civil and social processes in society. The...
Abstract Corporate social responsibility has become one of the most important issues in the business strategies of the Global North. The European Union is currently working on the issues caused by the recent economic crisis, which has created negative impacts on the business and financial success of the corporations. The...
Ecology, sustainable development, managing environmental issues After reporting the unprecedented ecological challenges in the 21st century, the world community developed a new strategy of sustainable development for business and industry. The objectives of the programs of sustainable development include meeting the economical goals without sacrificing the natural resources on which...
Introduction Business plan is a written statement of what a group proposes to take up. It is a kind of guide frost or course of action what the group hopes to achieve in his business and how the members going to achieve it (Khanka, 2002, p.88). In the other words...
