...University of Phoenix Material Key Terms Ethical Terms Character: Moral actions based on duty-driven ethical principles. These include trustworthiness, respect, responsibility, fairness, caring, and citizenship (Josephson Institute, 2009). Ethical System: Underlying ethical principles, which a person uses to make decisions Ethics: “The principles, norms, and standards of conduct governing an individual or organization” (Treviño & Nelson, 2011, p. 17); ethics form the basis for determining the correct action, or moral behavior, in a particular situation. Morals: Actions based on one’s underlying ethical principles Values: Those things or actions upon which the individual or organization spends time and money Ethical Systems Duty-based: A moral obligation or commitment to act in a certain manner, with clear right and wrong being determined by an outside authority Entitlement-based: Moral decisions are based entirely on what is in the best interest of the individual, regardless of relationships, the needs of others, or business. Goal-based: Focuses on the outcome or final purpose, which may be localized, as in business, or universal, as in feeding all the hungry children in the world Humanistic (secular humanism or human nature ethics): Beliefs based on the extremes of human behavior, both good and bad, without the direction of an outside authority Relativistic: Relativism often uses the personalized approach to ethics. It is subjective and focuses on...
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...Should Social Responsibility and Business Ethics serve a role in Corporations? NorthCentral University Abstract When you turn on the television, surf the internet or browse the Wall Street Journal the terms – business ethics and social responsibility are discussed. Recently, the Gulf coast oil spill has questioned the social responsibility of British Petroleum. However, can the terms business ethics and social responsibility apply to corporations? A review of two articles - “What is business ethics?” by P. Drucker and “The social responsibility of business to increase its profits written” by M. Friedman evaluates the two ethical terms. These articles suggest both business ethics and social responsibility should not apply to corporations. The focus of this paper will compare and contrast two approaches to business ethics. The conflicting objectives between the two parties will be analyzed. Lastly, my view and definition of business ethics and social responsibility will be conversed. Research for this paper consists primarily of peer reviewed articles and published articles. Should Social Responsibility and Business Ethics serve a role in Corporations? During the twenty- first century, businesses are confronted with many different responsibilities. Each responsibility must be address while ensuring obligations to stakeholders, special interest groups, employees and the environment. Businesses are expected to have very strong ethics, but often this is not the case...
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...Evolution of Business Ethics Introduction In any business, decisions must be made to ensure that a business entity or firm is conformity with its vision as well as mission. Most of decisions made by businesses are tailored toward wealth maximization of the firm which ensures that there is continuity production and operation of the entity. It is clear that most if not all businesses want to make profits, however, it is undeniable too that businesses must also be socially responsible to their environment which in this case involves consumers, sellers, lenders, the government and the entire community at large (Ferrell, Fraedrich & Ferrell, 2011). For a business to be able to accept its social responsibility, then the application of business ethics must be applied. Business ethics is considered to be the accepted norms or set standards that determine what is right and wrong in the context of a business organization. Therefore, this paper will summarize the development of business ethics over the past thousand years and describe the major changes that led to the focus of business ethics. In addition, the paper will illustrate how these changes impact business practices and compare them with my personal values that have evolved over time. Development of Business Ethics over the decades The origin of business ethics can be traced back during the time of business development, this goes back before 18th century, like any other personal values and norms, ethics in business has been...
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...OC College of Business Administration MGMT 5603.93: Ethics, Decision Making, and Communications Fall 2015, Term 2 Online _______________________________________________________________________________________ Professor: Dr. Phil Lewis, Professor of Management Phone (Work): (405) 425-5561 or 425-5560; (Home): (405) 475-7070 Email: phil.lewis@oc.edu Virtual Office Hours: Email responses normally within 24 hours. Mission of Oklahoma Christian University Oklahoma Christian University is a higher learning community that transforms lives for Christian faith, scholarship, and service. MISSION OF THE OC SCHOOL OF BUSINESS ADMINISTRATION Within a framework of excellence in contemporary business education, the School of Business Administration will build a community of lifelong relationships upon a foundation of enduring Christian values. CONTRIBUTION OF COURSE TO CHRISTIAN SERVICE AND LEADERSHIP For I have walked in my integrity … I will walk in my integrity … Joyful are people of integrity, who follow the instructions of the Lord. Psalm 26:1, 26:11, 119:1 (NKJV). THE OC COVENANT The Covenant for Oklahoma Christian University is posted under Course Information. REQUIRED TEXT Phillip V. Lewis, Ethics in the World of Business, Kendall-Hunt Publishing Co., 2014 (ISBN: 978-1-4652-3979-2). COURSE DESCRIPTION This course examines the basic ethical issues involved in the conduct of business from a biblical perspective. Critical thinking of organizations as...
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...for Students FREE SAMPLE ESSAYS, RESEARCH PAPER EXAMPLES, TERM PAPERS, EXAMPLE DISSERTATIONS, WRITING TIPS AND WRITING GUIDELINES FOR HIGH SCHOOL, COLLEGE AND UNIVERSITY STUDENTS. HERE YOU CAN ALSO FIND INFORMATION ABOUT CUSTOM WRITING SERVICES AT WHICH YOU CAN BUY CUSTOM WRITTEN PAPERS ONLINE. FRIDAY, FEBRUARY 19, 2010 Essay on Business Ethics http://writing4students.blogspot.inhttp://writing4students.blogspot.in Essay on Business Ethics Business ethics represents all the principles and standards that guide behaviour in the world of business. Therefore, all this set of principles applies in any of the fields of business (marketing, finance…) and people inevitably face ethical decisions in their every day working lives. The aim is to make every employee adhere to these standards because obviously, it is more profitable for a company to be ethical in business. But, as ethical issues are linked to decision-making, how can all decisions be ethical and above all whose responsibility is it? Therefore, we could wonder if business ethics is a personal responsibility or a group responsibility. We are going to divide this essay into two parts, the thesis and the antithesis, in order to determine whether or not business ethics is a personal responsibility. We can write a custom essay on Business Ethics for you! Values are very important as they are the core of our culture. However, people tend to separate ethics in business and in personal life even if both are closely...
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...Personal Ethics Development Paper * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- Displaying messages 1 - 2 of 2 Participants: rose.angel13 and Smart-Guru rose.angel13 2015-02-28 23:32 Write a 1,050- to 1,200-word paper on personal ethics development that examines your personal ethical system and ground rules. * Incorporate the terms found in the University of Phoenix Material: Key Terms. * Focus on the developmental aspect of your ethics rather than on a particular position on any issue. * Define your underlying ethical system, its primary principles, the sources that helped shape your ethics—such as people, institutions, events, and so forth—and the criteria and decision-making factors you have used to revise them. * Discuss the potential effect of your ethics on your performance or use of them in your workplace. Use a specific personal example. * Explain why ethics are needed in an organization and how ethics are integrated into an organization to achieve its direction and goals. What effect does the application of these ethics have on individuals, organizations, and society? Format your paper consistent with APA guidelines. KEY TERMS Key Terms Ethical Terms Character: Moral actions based on duty-driven...
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...TERM PAPER Deteriorating Ethics and Values in Organizations: In the face of Indian Reality - VATSAL DUSAD 2010TT10971 ”Integrity has no need of rules.” --Albert Camus Ethics and Values in the context of organizational culture have been a topic of intense research and arguments over a long period of time, and it has also been recognized as a very important aspect of organizational behavior. In this paper, I would be discussing the deteriorating ethics and values in organizations. I would begin with elaborating what ethical culture means, then taking it over to highlighting its need, pondering over the reasons -‐ so as to why unethical culture prevails and then study about ethical leadership. I would like to conclude by, bringing it to Indian context and laying down a discussion -‐ on how prominent and prevalent is this issue in our own land. There has been a sudden rash of corporate scandals and the...
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...qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwer...
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...Assignment Personal Ethics Development Paper (UOP Course) PHL 323 Week 1 DQ 1 (UOP Course) PHL 323 Week 1 DQ 2 (UOP Course) PHL 323 Week 1 DQ 3 (UOP Course) PHL 323 Week 1 Summary (UOP Course) PHL 323 Week 1 DQ 4 (UOP Course) PHL 323 Week 2 Individual Assignment Ethical Systems Table (UOP Course) PHL 323 Week 2 DQ1 (UOP Course) PHL 323 Week 2 DQ 2 (UOP Course) PHL 323 Week 2 DQ 3 (UOP Course) PHL 323 Week 2 Summary (UOP Course) PHL 323 Week 3 Learning Team Assignment Current Ethical Issue in Business Paper (UOP Course) PHL 323 Week 3 DQ 1 (UOP Course) PHL 323 Week 3 DQ 2 (UOP Course) PHL 323 Week 3 DQ 3 (UOP Course) PHL 323 Week 3 Summary (UOP Course) PHL 323 Week 4 Individual Assignment Evaluation of a Business Code of Ethics (UOP Course) PHL 323 Week 4 DQ 1 (UOP Course) PHL 323 Week 4 DQ 2 (UOP Course) PHL 323 Week 4 DQ 3 (UOP Course) PHL 323 Week 4 Summary (UOP Course) ------------------------------------------------------- PHL 323 Week 1 Individual Assignment Personal Ethics Development Paper (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 4 Times, Rating: A+ Write a 1,050- to 1,200-word paper on personal ethicsdevelopment that examines your personal ethicalsystem and ground rules, including its origins anddevelopment. Incorporate the terms found in the University of Phoenix Material: Key Terms located on the student Web site.Focus on the developmental aspect of your ethics rather than on...
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...Unit 2 Term Paper Gary M. Kidd Kaplan University Author Note Pro. Young-White, I’m sorry the term paper is a day late, but I spent most of 3 September at a scheduled medical procedure to refill the pain pump implanted in my spine with Dilaudid. It kept me knocked-out most of the day. Please remember that I’m given extra time on assignments via the Kaplan University office of student disabilities. Abstract This term paper for unit two review three articles, Ethics Consultation in United States Hospitals This term paper also defines 8 financial terms. Keywords: Balance sheet, Shareholder Equity, EBITDA, EBITDAM, Financial Ethics, Financial Benchmarking, Financial Trend Analysis, and Ratio Analysis. Unit 2 Term Paper Business ethics is the appropriate business guidelines and customs regarding debatable issues, like the way a CEO runs his company, illegal stock trading, corruption, business social and monetary obligations. The government’s authorities frequently enforce business ethics, still there are times when businesses alone will use a straightforward structure that organizations can abide by so that they simply may benefit the public interest (investopedia.com, 2013). Article Review The first article chosen for this assignment, is Betsy Gallup’s article Ethics Are an Important Part of Running a Health-Care Facility, and she explains ethics as having three components: independence, integrity and objectivity (2009)...
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...The success of modern business is apparent, but recently there is much concern in the business-and-society literature and in the general press on whether business fulfils its social role responsibly. Business ethics, corporate social responsibility and corporate governance movements have been developed in recent decades as responses to a growing sense of corporate wrongdoing. This paper attempts to explain why the three movements seem yet to have generated little in the form of widely accepted prescriptions for improvement of business behaviour to the satisfaction of the “constituents” of business, i.e. the major stakeholders. Without denying the usefulness of any of the three movements, the paper suggests that there are weaknesses in all three, especially concerning the way they conceive modern business operation. To this end business pluralism, responsive codes of practice and re-examination of the assumptions (conditions) of business operation could be helpful. In the business literature there is a major strand that celebrates business strength and seeks formulae for success. This strand was manifested in the Scientific Management tradition dating from Frederic Taylor’s work in the early twentieth century (Taylor, 1911) and continued through the Human Relations studies of Elton Mayo that sought to find growth through taking care of the “people dimension” (Roethlisberger and Dickson, 1939). The tradition was further developed following the publication by Peters and Waterman...
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...Team Ethics Paper July 27, 2013 MGTOP593 Section 3 Team 4 Normative Ethical Decision Making Frameworks 1. Utilitarian approach is an ethical theory stating that the rightness and wrongness of an act depends on the consequences the act produces not the act itself. There are four components of the utilitarian approach: 1) the act does not need to maximize benefits but rather focuses on utility, 2) when calculating benefits, utilitarian’s consider themselves equally with others in the equation, 3) utilitarian’s focus on long-term consequences in addition to the short-term benefit-harm ratio. According to utilitarianism an act is not moral only because its benefits outweighs its harm, instead one where utility i.e. satisfaction has been maximized. (Frederick, 1999, pp. 17-19) 2. Unlike the utilitarian approach, the Virtue ethics approach does not take into account the principles of the action, the action itself, or the consequences of the action, rather focusing on the values and moral character of the person performing the act. Characteristics are the personal virtues. (Frederick, p. 30) The shortcomings of virtue ethics are its inability to solve the problem of dilemma when a person has contradictory values. Second, the justification problem, because every culture has different virtues how do you justify which character traits are virtues. (Hursthouse, 2013) 3. Deontological ethics approach judges the morality of an action based on expectations from the person based...
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...Ethics and ethical theories: a road map for teaching ethics in business schools Joan Fontrodona (IESE Business School, Spain), Manuel Guillén (University of Valencia, Spain), and Alfredo Rodríguez-Sedano (University of Navarre, Spain) Introduction A three-dimensional framework to explain ethical theories Ethical approaches of business firms Teaching ethics experiences using this framework Discussion of the teaching experiences Conclusions References 1 2 6 9 10 12 13 Introduction This paper tries to contribute, in some way, to the urgent need recently warned by Benedict XVI: “the university, for its part, must never lose sight of its particular calling to be a "universitas" in which the various disciplines, each in its own way, are seen as part of a greater unum. How urgent is the need to rediscover the unity of knowledge and to counter the tendency to fragmentation and lack of communicability that is all too often the case in our schools!”1 This seems to be a challenge for both, Catholic and non-Catholic universities. The purpose of this paper is to present a theoretical framework that helps to conceptualize ethics and to clarify the characteristics and limits of the different ethical theories. In other words, students without philosophical background will find here a synthetic “road map” of ethical approaches. This framework has been previously published in a book in Spain2. In this paper, authors will describe the model and discuss how it has been successfully tested...
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...Professional Values and Ethics Paper Professional Values and Ethics Paper J.J. Jones GEN/200 26 May 2009 Professional Values and Ethics Paper What does the lensatic compass and professional values and ethics have in common? The lensatic compass allows the infantryman to set a direct azimuth or path to an objective. With the azimuth set, the infantryman can readily recognize rough terrain, valleys and hills that he must negotiate to successfully reach the objective. Likewise, professional values and ethics provide both the employer and the employee a clear path to success – a compass. By adhering to Professional Values and Ethics will enable employees, employers and other professionals to avoid the many potential minefields that inundate the landscape of the business and professional worlds. To really appreciate Professional Values and Ethics, we have to look closely at the terms values and ethics. Values are principles we use to judge between what is right and wrong, good and bad, and normal and abnormal. Values are primarily developed through our personal experiences, religious background, and social environment. Ethics is defined as a theory or a system of moral values; the rules or standards governing the conduct of a person or the members of a profession.(dictionary.com) . The tasks of professional ethics are to identify moral standards and assessments, judgments and concepts, charactering people as representatives of a particular profession. Professional ethics develops norms...
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...Ethics Paper MGT/498 University Ethics Paper Strong business ethics, which include honesty, integrity, and fairness to all, play a critical role in running a successful organization as this function of a business operation allows today’s businesses to characterize the differences between correct and incorrect ethical behavior. Additionally, strong ethical values also help businesses gain a competitive advantage (Johnson, 2008), and it allows them to ensure that every employee is following the ethical standards that have been established by the leaders of his or her organization. To gain a better understanding of the importance of strong ethical value, this paper will a) explain the role of ethics, social responsibility, and sustainability in relation to organizational strategy. B) Examine the various types of shareholders that influence’s a company strategy. C) Identify at least one (or more) examples of a company that exemplifies sustainability and social responsibility in their operation. Role of Ethics, Social Responsibility, and Sustainability on Strategy Ethics, social responsibility, and sustainability are one of several factors that historically have an effect (either positive or negative) on an organization’s strategy. For example, a company ethical value can have a far-reaching affect on the following areas of an organization: * Public Image (or credibility level): Public image is how a company is viewed by the people or entities in their market environment...
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