...Business Essay on Morality and Ethics in Corporate World - Research Pa... http://www.studymode.com/essays/Business-Essay-On-Morality-And-Eth... Business Essay on Morality and Ethics in Corporate World SIGN IN SIGN UP SEARCH DOCUMENT S BOOK NOTES AP NOT ES Business Essay on Morality and Ethics in Corporate World By Divyashrii | August 2013 Page 1 of 1 The term "business ethics" is used in a lot of different ways. Business ethics is a form of applied ethics (Broni, 2010) that examines ethical principles and moral or ethical problems that arise in a business environment (Solomon, 1991). It applies to all aspects of business conduct (Baumhart, 1968; Ferell - Fraedrich, 1997; Singer, 1991) and is relevant to the conduct of individuals and business organizations as a whole (Bernard, 1972; Donaldson, 1982:36). Applied ethics is a field of ethics that deals with ethical questions in many fields such as technical, legal, business and medical ethics (Preston, 1997:6-11). Business ethics consists of a set of moral principles and values (Jones Parker - Bos, 2005:17) that govern the behavior of the organization with respect to what is right and what is wrong (Badiou, 2001; Seglin, 2003). It spells out the basic philosophy and priorities of an organization in concrete terms (French, 1979; French, 1995). It also contains the prohibitory actions at the workplace 1 of 5 8/7/2014 8:16 PM Business Essay on Morality and Ethics in Corporate World - Research Pa... http://www.studymode...
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...ETH/316 Week 3 Assignment: Organizational Issues ETH/316 16 December 2013 Instructor: Dr. Tim The short film that was viewed was The Entrepreneurial Spirit: Birds barbershop. A little back-story on the film, the co-founders of the company; Jason Rapaport and Michael Portman each started out in other businesses and thought they needed to make a change in their own lives because of the jobs they held. They both felt like they needed to take the business out of their newly formed business. They wanted to bring back the small town barbershop to their hometown of Austin, Texas. The issues in the film that are the most important are; keeping the small business small while trying to expand in the process. Both Jason and Michael wanted to keep the relaxed atmosphere in their business while trying to expand at the same time. The hardest problem was to become a corporation without becoming a corporation. They like the small town feel of the business and wanted to keep this feeling to make the creative employees feeling empowered to be creative and in touch with their clients. Jason and Michael have opened five (5) shops in five (5) years. They had reached the goal of running a business but not getting to big to become the suite and tie affair they had left behind. The roles of the external social pressures in this story are the small town mentality and the feeling of relaxation when receiving a hair cut in their business. They paly music that one employee wants...
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...Microsoft Corporate Social Responsibility ETH/361 July 21, 2014 Lorece Tietjen Microsoft Corporate Social Responsibility: Introduction The Microsoft office was ranked number one company for their Corporate Social Responsibility reported by Reputation Institute’s 2012 CSR Rep Trak 100 Report, around the world. This study was conducted via various indications such as Citizenship, Governance and Workplace and Microsoft received the first category of Governance and the top ranking all the world. Defining Citizenship in terms of CSR ranking describe the company’s support to the citizen and protects their environment. Governance describes how the company’s ethical behavior and its transparency with their business dealings with the government. The last portion of ranking is the Workplace and it is one of the major setbacks for every employee and the environment. Companies were ranked on how the workplace appealed to their employees, as a place to work and to meet the Occupational Health and Safety standard and treated their employees well. Corporate Social Responsibility (CSR) Microsoft’s perspective is strongly to support European Union and the Member States in promoting dialogue, productivity, share the CSR to their surroundings and create employment opportunities to their partnering countries and within the US. The CSR concentrates in the following region; • Education and Digital Inclusion provides access to the technologies...
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...College for Financial Planning ETH 550—Business Ethics Master Course Syllabus I. Course Description Course Description This course is designed to achieve the following objectives: Explore the ethical dimension in the current global environment. Study and apply major normative ethical theories to business situations. Understand the relevance of stakeholders to business decisions. Improve ethical and moral decision-making processes. Analyze case studies that present ethical business dilemmas. Understand moral, amoral, and immoral decisions in business situations. Encourage ethical behavior and professionalism in all activities. Prerequisites There are no prerequisites for this course. II. Overview Overview The goal of this course is to teach students how to ethically interact in today's global business environment. III. Required and Recommended Text Required Text Modern Language Association of America. MLA Style Manual and Guide to Scholarly Publishing. 3rd ed. New York: Modern Language Association of America, 2008. ISBN 0-87325-699-6. Perkins, John. Confessions of an Economic Hit Man. Plume, 2005. ISBN 978-0452287082 (paperback). Weiss, Joseph W. Business Ethics: A Stakeholder and Issues Management Approach. 5th ed. South-Western, 2009. ISBN 978-0-324-58973-3 (paperback). How to Order Texts You may order textbooks online at www.cfpbookstore.com, by fax at 800-274-9105, or by telephone at 800-274-9104. Students interested in selling their textbooks...
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...Organizational Profile Chad Zingarelli University of Phoenix ETH 316 Karen Harvey January 27, 2013 Organizational Profile Target Corp. is one of the largest retailers in the country, currently at 1,699 stores. In 1902 George Draper Dayton bought the Goodfellow Dry Goods store in Minneapolis, and went through various names before deciding on naming the store Target. Target takes pride in giving back to the community whenever they can. As a corporate citizen, Target works bring families together as well as their store’s communities through innovative programs and partnerships. According to Target’s corporate responsibility report, “Target contributes 5% of their annual income to programs that inspire learning, make families and communities safer, and make the arts affordable and accessible” (2013). Another way Target gives back to their community is they volunteer hundreds of thousands of hours of their time and technical expertise to nonprofit organizations each year. Diversity is very important to the corporation and they display is by their hiring of team members and development, merchandise and marketing, and community programs and contributions. The corporation believes in building a team of people with different backgrounds distinct experiences, and unique points of view-reflecting the communities where they live and work (2013). Target works in close partnerships with suppliers all around the world, with the goal of improving their product innovation...
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...Corporate Executive Criminal Conviction Ricaviannca Weissenberg ETH/321 July 13,2015 Christine Benway Corporate Executive Criminal Conviction Enron, an American energy company based in Texas, was named by Fortune as “America’s Most Innovative Company” for six years in a row, with revenues of approximately $111 billion. However in 2001, Sherron Watkins, Enron’s finance executive, discussed her concerns about the company’s financial and accounting irregularities with its CEO, Kenneth Lay but was later asked to ignore the issue along with its auditor, Arthur Andersen. Andersen, who was later convicted, turned the other cheek while Watkins, “the whistle blower”, did not. In the same year, the “Enron scandal” was born. The scandal was disclosed to the public and has become, since then, the epitome of corruption and corporate fraud. Additionally, Enron was cited as “the biggest audit failure” ever. The former Enron CEO along with four Merrill Lynch & Corporation directors were convicted by a jury for accounting fraud while Arthur Andersen was found guilty in a U.S. District Court for illegally destroying documents related to the investigation. Moreover, the court found them guilty of hiding billions of dollars in debt from failed projects and deals along with willful fraudulent behaviors. Ethics Greed is not illegal but it can drive a corporation to commit wrongful doings and eventually crimes. The driving factor...
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...Cross-Cultural Perspectives: AECOM Derrick Brown ETH/316 February 2, 2015 William Halstead Cross-Cultural Perspectives: AECOM AECOM is a professional technical services and management support services firm that operates in over 150 countries around the world. They employ almost 100,000 employees to provide services for global government agencies as well as privately own enterprises. According to “AECOM Fact Sheet” (2015), AECOM’s annual revenue for 2014 was $19.5 billion. These are some very impressive numbers, but because of what AECOM does it has the challenge of staying in compliance with environmental regulations from its home country as well as any country in which it may be operating. When having a vast array of specialties such as architecture, engineering, science, management and construction, the task of staying environmentally friendly takes on a job of its own. Protect the Environment and Make a Profit The real challenge for AECOM is not their position on being environmentally friendly, but standing firm in their beliefs of protecting the environment and making a profit while providing their services. Ironically, AECOM functions under a new age business model that is held together by their purpose and core values, and by doing this they believe, and have proven, they can be profitable. “Our purpose—to positively impact lives, transform communities and make the world a better place—unites professionals working collaboratively across a broad range of...
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...Legality and Ethicality of Financial Reporting Jacqueline Carr ETH/376 December 17, 2012 Samuel Hinton Legality and Ethicality of Financial Reporting Excello Telecommunication is a very successful business; however, just recently they have been experiencing some heavy competition in the businesses industry. Terry Reed the businesses CFO has realized the business is not going to meet the years estimated earnings, which can cause problems meeting financial responsibility to the stakeholders. Terry Reed found a transaction which can help the business meet the financial responsibility; however, in order to apply the transaction, he must first find a legal and ethical way off reporting the transaction on the financial report. The transaction in question, the product was sold on December 20, 2010 for $1.2 million; however, the receiver of the product is not able to take control of this product until January 11, 2011. Terry Reed needs to find a way to record the transaction before December 31, 2010 in order to meet their obligations. The accounting principle for reporting on the financial statements is the product must be posted in the quarter the product leaves the warehouse. (Mintz, S., Morris, R.E, 2011). In the accounting world, there are several different agencies, which regulate the reporting of financial statements. These rules and regulations protect the stakeholders and public from any wrong, fraudulent reporting and unethical behavior. The main agencies are (SOX),...
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...Ethical Principles and Organizational Issues Sidney Holsey ETH/316 February 23, 2014 Irma Flores-Brothers Ethical Principles and Organizational Issues Ethical principles and organizational issues are an area of the corporate world that successful businesses practice and adhere to on a regular basis. The significance is ever important as the growth and development of technology in continuous. Companies need to be conscious of ethical responsibilities of their products and decisions. Privacy is becoming ever problematic due to the fact that companies can gain access to individuals’ information by way of website history. This information is attainable as a person frequents to a website and develops customer trends through cookies, web bugs, and other means. Succeeding ethical principles is necessary to keep corporations operational and clear from any negative consequences that unethical practices may lead to. This paper will look at a variety of areas ethics relates to the corporate world, such as, privacy, technological trends, and liability, as well as several other significant areas. Close to four million consumers and close to 46k megawatts of producing ability, Atlanta’s Southern Company is the primary energy provider attending the Southeastern region of the U.S. on behalf of its affiliates (southerncompany.com, 2015). One of the leading producers of uncontaminated, safe, dependable and reasonable energy in the U.S., Southern Company is the owner of electric...
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...The Responsibility Project: Birds Barbershop ETH/316 University of Phoenix Film Summary Birds Barbershop is a short film about how two lifelong friends came together to start a small business in because neither of them wanted to work for large companies. What seems to start out as a simple small business in a simple small community seems to turn into a successful social experiment on how a small company can begin to grow and become successful while maintaining some good old-fashioned values. Co-founder, Michael Portman tried working for a large corporation and found that as he climbed the business ladder, he did not like the personalities that made up different management levels. The inference in the film was that Michael did not like the ethical standards set forth by upper management, and decided he wanted something more rewarding from his business career. Jayson Rapaport also tried working in a larger corporation where he experienced the negative effects of corporate bureaucracy. As one point Jayson realized it was time to make a change and do something on his own, so he returned to Austin, Tx. where he reconnected with his life-long friend to create a small business in the community that provided a service, but did so without all the fanciful trappings of a large corporate chain or national franchise. Their vision was to bring back the charm and solid values of an old time community barber shop: Birds Barbershop. How ethical principles can be used to address community...
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...perspectives ETH/316 July 7, 2013 Abstract The Global Company chose to research is a global organization, PricewaterhouseCoopers, known in the United States as PwC. Ethical perspectives in this global organization and compare the ethical perspectives across cultures that are involved in this global organization will be addressed. This company delivers assistance in quality assurance, advisory services, and tax. The company consists of a network of firms that offer these services. This network thrives on helping large and small companies to reach independent strength by showing in many ways how to survive form business to cultural and ethical diversity. This network of firms also has established a vigorous global network and their core value, and the one shared with their clients, is of excellence, teamwork, and leadership. Ethical perspectives- Cross-cultural perspectives The Global Company chose to research is a global organization, PricewaterhouseCoopers, known in the United States as PwC. Ethical perspectives in this global organization and compare the ethical perspectives across cultures that are involved in this global organization will be addressed. This company delivers assistance in quality assurance, advisory services, and tax. The company consists of a network of firms that offer these services. This network thrives on helping large and small companies to reach independent strength by showing in many ways how to survive form business to cultural and...
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...Ethics Essay Lejon Starks ETH-316 April 28, 2013 Linda Emmele Ethics Essay The three theories of virtue, utilitarianism, and deontological are tied together by a few common threads. Humans are each of these in certain situations. Some people live their lives by one theory over the other two. Culture and upbringing are the cornerstones for how a person reacts to each of these theories. My father preferred the utilitarianism theory primarily, I looked up to him in so many ways and I tend to think that he passed on his beliefs to me. Virtue Theory Virtue ethics is also sometimes called agent-based or character ethics. It takes the viewpoint that in living your life you should try to cultivate excellence in all that you do and all that others do. These excellences or virtues are both moral and immoral (Boylan, M. 2009). The Divine command theory is a very old theory of why we should be moral because God commands us to do so. An early form of this theory occurs in the book of Genesis in the Torah. Adam and Eve were commanded not to eat of the Tree of Knowledge. It was a command pure and simple (Boylan, M. 2009). Living life by virtue is the right thing to do. As Christians, we are charged with living a purified life through God. The Bible is our guidebook, it states clearly how we are supposed to live our lives. Our free will is our choice, but our choices whether good or bad has consequences. God commands excellence in how we conduct...
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...ETH/316 August 24, 2015 Professor Ross A community is made up of different culture, races, and religion, within a community there are different shared values, but everyone must abide by a general agreement that makes up the communities values. A community is mostly mirrored by the Deontology Theory; which constitutes laws, or customs, and natural moral duties. That however, does not restrict the individuals within the community to have their own ethical believes. According to Boylan, “Community membership is both a great enabler of personal liberty and a hindrance one personal liberty. One cannot have the one without the other,” (Boylan, 2009). The focus of this paper is to create a general profile of a community chosen by the team. The community chosen is the Passaic Park community located in Passaic NJ. The type of people living in this community is orthodox Jews; the females are mostly stay at home moms, while the men work mostly in corporate America, and business owners. They donate a lot of money within their own community to build their own schools, a place of worship, and to politicians that will favor their way of life. The members of the community interact at place of worship, at different Jewish festivals such as Rosh Hashanah, and many different other gatherings. They buy their grocery from their own community members that own business in that community, because it has to be kosher, and are afraid of buying from outsiders who might not be selling the right...
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...The Responsibility Project 1 RUNNING HEAD: The Responsibility Project The Responsibility Project ETH 316 January 27, 2014 Professor Mary Sortino The Responsibility Project 2 The Responsibility Project A short film was chosen to view on the Responsibility Project website. The film chosen was named Greyston Bakery. The film highlights some very important issues concerning business and their place within their community. The film explores how external social pressures influenced the organizational ethics of the bakery and its management. These issues have proven relevant to both personal and organizational decision making. The film also presents the viewer with information regarding the relationship between ethics and the law as they pertain to business operation. The short film is about Greyston Bakery which is famous for the brownies it makes and sells. Despite the success of the brownie Greyston CEO Julius Walls Jr wants people to be aware of what is happening behind the scenes at his company. He views the profits of his company as the means to supporting a mission. Walls Jr classifies Greyton as a social enterprise in which there are two bottom lines, one for profits and one for a social mission. The film presents the external social pressure of giving back to the community. Greyston Bakery focuses one of its social efforts on providing employment to people within its own community using an open hiring process. Open hiring allows an opportunity for employment to anyone...
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...stands for “Advancement through Technology”. Audi is among the best-selling luxury automakers around the globe alongside with BMW and Mercedes-Benz. Name of organization : Audi (Audi AG). Type of business entity : Public. Industry sector : Automotive. Founder : August Horch. Founded (Origin & Year) : On 29th June 1932, in Chemnitz, Germany. Headquarter : Ingolstadt, Germany. Factories & facilities : A total of 9 production facilities and factories in 8 countries. Area distributed : Global. Key figures : - Rupert Stadler, Chairman of the Board of Management. : - Wolfgang Egger, Head of Design. : - Ulrich Hackenberg, Head of Technical Development. Product of distribution : Luxury cars and automobiles. Owner : Volkswagen Group. Employees : >70,000 employees. Subsidiaries : Ducati Motor Holding S.p.A, Automobili Lamborghini S.p.A, Quattro GmbH. Organization history. Automobile company Wanderer, Horch, Dampf-Kraft-Wagen (DKW) and NSU were merged into Auto Union in 1932. August Horch was banned from using “Horch” as a trade name for newly established car business after his former partners sued him for trademark infringement, he called up a meeting with his business partners in an apartment to come out with a new name. One of the business partner’s son said “wouldn’t it good to be...
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