...| UCSI UNIVERSITYFACULTY OF BUSINESS AND INFORMATION SCIENCE (FoBIS) | Teaching Plan 1. | Unit Code &Unit Title: | BB219 Management Ethics | 2. | Course of Study: | Bachelor of Business (Hons) Business Administration | 3. | Year of Study: | Year 2, Semester 2 | 4. | Year and Semester: | Semester May, 2015 | 5. | Credit Hour & Contact Hours: | 3 credit hours Lecture: 21 Hours Tutorial: 21 Hours Practical: | 6. | Lecturer: | Associate Professor Dr Intan Osman Email: Intan@ucsiuniversity.edu.my | 7. | Tutor: | Associate Professor Dr Intan Osman | 8. | Mode of Delivery: | LectureTutorial | 9. | Objectives: | * To provide students with a valuable source of reference on issues surrounding corporate misconducts and ethical principles and theories * To provide an understanding of how ethical theories can be applied in everyday individual and corporate undertaking. * To develop students’ appreciation of how an ethical manager may influence or drive a company towards being a responsible corporate entity. | 10. | Learning Outcomes: | Knowledge * To gain the background information on ethical principles and theories * To link the day-to- day events and issues faced by corporate to ethical dilemmas * To develop a strong appreciation of a range of significant issues, and case studies which demonstrate ethical dilemmas faced by large and small corporations * To select and apply theories...
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...Ethic Issues Paper MGT/216 Organizational Ethics and Social Responsibility 08/31/2010 Cindy Joseph Ethic Issues Paper What are business ethics in today’s world? What ethical issues within today’s business environment affect our community and organizations? These topics will be addressed in the following paragraphs. Before one can begin to address ethical business issues that affect our community and organizations, one must first define what business ethics are. Business ethics as defined by Trevino and Nelson (2007), as “the principles, norms, and standards of conduct governing guidelines for work-related conduct, governing an individual or group” (p. 13). Guidelines established by employers to manage their employees (Trevino & Nelson, 2007). In essence, these guidelines are established to manage the employee’s expectations in the workplace. These guidelines can be as simple as what time to arrive and depart from work to more complex issues, such as managing internal relationships or how to deal with specific conflict of interest issues, especially when in a position of influence. In the advertising industry, where I have worked for the last eight years, there are many ethical issues that through the normal course of business, one must confront and successfully manage. Three issues that I believe to be at the top of the list are conflict of interest, ethics relating to accounting and moral ethics regarding products advertised. Conflict of interest is an aspect...
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...Critical Evaluate “Stress” & “Ethics” of Foxconn A string of suicides occurred at Taiwanese-owned Foxconn in China in recent years has drawn great media attention (BBC, 2010). 20 Chinese universities worked as a team to pursue the story behind the Foxconn which they described as “labour camp” (Chan, 2013). As the major manufacturer of Apple, Foxconn should undertake the due obligations but Apple also cannot avoid its responsibility. A case study “Apple’s efforts fail to end gruelling conditions at Foxconn factories” is presented to scrutinize and evaluate the causes that result in the industrial injuries. Students and Scholars against Corporate Misbehavior (SACOM) suggests that overtime working, poor leadership and absence of working relationship drive the assembly line employees to commit suicide (Heffernan, 2013). However, The Guardian (media source) highlights that the working conditions at Foxconn factories is the main problem. Therefore, “ethics” and “stress” are chosen as the entry points to find the “apple of discord”. Initially, ethics will be introduced for understanding the moral principles and its effectiveness. Resnik (2011) describes the ethics as the “norms for conduct that distinguish between acceptable and unacceptable behaviour”. In business environment, Hanson (2010) believes "business ethics is the study of the standards of business behaviour which promote human welfare and the good". However, when two moral principles have conflicts, ethical dilemmas...
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...Evaluating a Business Code of Ethics Michelle Leonhardt University of Phoenix Ethics in Management PHL/323 Dr. John Rhome Evaluating a Business Code of Ethics Businesses in today’s society share a purpose, a vision, that relates philosophy and principles of ethics to better meet the needs of the organization and stakeholders, including customers, employees, shareholders, suppliers, and communities. Without professional ethics, businesses and its programs would not have the ability to be successful. This paper will examine Humana, its business code of ethics, and its mission statement that assists in organizational values and goals of the company. The type of ethical system used by Humana will be explored, along with examples that support this system and its attributes. In addition, how the code of ethics is identified and used within the company will be addressed as it pertains to employees, management, and its board of directors. Upon further evaluation, this paper will explore the need for modification, if any, to their existing code of ethics. Reactions to the code of ethics, its effects of organizational culture on the code of ethics, and its effects on the organization will be defined. Lastly, this paper will provide an analysis of Humana’s business code of ethics and how the analysis exhibits significant key concepts to maintain and promote ethical decision making and business success. Business Code of Ethics and its Mission Statement Businesses developed codes...
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...INTERNATIONAL ETHICS AND WORKING CONDITIONS 1 Introduction: The Purpose of Outsourcing Today many companies look to outsourcing in a variety of countries in order to remain profitable and competitive. In today’s competitive market, as companies compete to stay profitable, many will search for countries that can produce the products they need at the lowest possible price. Ethical awareness pertaining to employment in countries where salaries are below those in the United States has come to the forefront. The Ethical Issues of Outsourcing Internationally Business ethics is the accepted principle of right or wrong governing the conduct of business people (Hill, 2013). Outsourcing refers to a company that contracts with another company to pro ide services that might otherwise be performed by in-house employees (www.webopedia.com). Outsourcing continues to increase as companies struggle to stay competitive and profitable. There is a continued increase for companies to find new ways to cut overhead expenses and increase profits so companies can look to creating new products, along with providing shareholders with profitable returns on their investments. Reasons for Outsourcing Outsourcing can be complicated as business relationships are more economic in nature, allowing for moral and ethical issues to be present. Ethical issues in outsourcing internationally arise as business relationships continue to become more economic and many of those involved are...
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...PART I: EXPLORATION OF BUSINESS ETHICS Ethics not only guide people what is right or wrong, but also are the basic standards in people’s lives and depending mainly on different perspectives, people will have their own ethical standards. Generally, a person will face difficult decisions whether their decisions have to violate ethical standards because of their personal purposes or they will disregard personal interests to accomplish their responsibilities. Obviously, it is not easy to stand between ethics and personal benefits. I remember that when I was in high school, I had to make one of the toughest decisions in my life. To be more specific, I needed to pass the final test if I wanted to pass Math class because my in-class grades were not good, and the proportion of the final test took 30% of the total. The conflicts between my mind and heart made me confused because the trade-off costs at that time were the same. In the end, instead of spending time to make that silly decision, I decided not to cheat on the final test and tried my best to finish the exam. Consequently, I got a B plus in total grade and also I realized that if I did cheat on the final test, I would be caught by supervisors. Each job will have their codes of ethics in which professional workers need to qualify in order to maintain the integrity of a profession. Somehow, I believe that the codes of ethics of doctors and accounting are the most relevant principle in which they will have the similarities and...
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...Business Ethics UGB 210 |Content |Page number | |Executive Summary |3 | |Introduction |4 | |Main Ethical Dilemmas |5 - 7 | |Dealing with Ethical Issues |8 - 10 | |Walmart ASDA Best Practice |11- 12 | |Recommendations and conclusion |13 | |Reference |14 | Executive Summary This report will outline the ethical challenges faced by Walmart Asda. It will include the previous accusations made against the company and a list of the main ethical dilemmas. The report will then develop into covering the elements that ASDA are implementing in order to overcome its main...
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...http://www.nerdypupil.com/product/acc-260-week-1-checkpoint/ Contact us at: nerdypupil@gmail.com ACC 260 WEEK 1 CHECKPOINT CheckPoint: Ethics in the Accounting Profession • Resource: Business & Professional Ethics • Due Date: Day 5 [post to the Individual forum] • Answer questions 13 and 14 on p. 25 of the text. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 260 Week 1 Checkpoint in order to ace their studies. ACC 260 WEEK 1 CHECKPOINT To purchase this visit here: http://www.nerdypupil.com/product/acc-260-week-1-checkpoint/ Contact us at: nerdypupil@gmail.com ACC 260 WEEK 1 CHECKPOINT CheckPoint: Ethics in the Accounting Profession • Resource: Business & Professional Ethics • Due Date: Day 5 [post to the Individual forum] • Answer questions 13 and 14 on p. 25 of the text. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 260 Week 1 Checkpoint in order to ace their studies. ACC 260 WEEK 1 CHECKPOINT To purchase this visit here: http://www.nerdypupil.com/product/acc-260-week-1-checkpoint/ Contact us at: nerdypupil@gmail.com ACC 260 WEEK 1 CHECKPOINT CheckPoint: Ethics in the Accounting Profession • Resource: Business & Professional Ethics • Due Date: Day 5 [post to the Individual forum] • Answer questions 13 and 14 on p. 25 of the text. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 260 Week 1 Checkpoint in order to ace their studies. ACC...
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...----------------------- Course: MGMT 1125 Business Ethics Type: Online Term: Fall CRN: 20181 Credit Hours: 3 Lab Hours: N/A Class Day(s): Classroom Location: Angel Class Time(s): Daily Instructor Information: Name: Jasmine McMillan, MBA Email: JMcMillan@sctech.edu Phone: (404) 783-2713 Availability: By appointment only. Please call or email to schedule. Response time: 48 hours for emails. 24 hours for cell phone calls. Course Description: Business ethics in organizations requires values-based leadership from top management and purposeful actions that include planning and implementation of standards of appropriate conduct, as well as openness and continuous effort to improve the organization’s ethical performance. Although personal values are important in ethical decision making they are just on of the components that guide decisions, actions, and policies of organizations. This course will allow students to learn the burden of ethical behavior as it relates to the organization’s values and traditions. Students will also learn about a firm’s ability to plan implement ethical business standards and how to structure resources and activities to achieve ethical objectives in an effective and efficient manner. Course Objectives The course is intended to demonstrate to the students how ethics can be integrated into strategic business decisions and can be applied to their own careers. Competency Areas The course uses a case study...
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...Business Ethics and Sustainability (BUS300) Trimester Two, 2013 Lecturer/Tutor : Dr Ross Spence – contact Ross.Spence@koi.edu.au Section 1: General Information 1.1 Administrative details: Associated HE Award(s) | Duration | Level | Subject Coordinator | BBus (Accg); BBus (MgtFin) | One trimester | Level 3 | Dr Ross Spence | 1.2 Core or elective subject/unit Indicate if the subject/unit is acore subject/unit or elective subject/unit BOTH Core subject for BBus (MgtFin); elective subject for BBus (Accg) | 1.3 Subject/unit weighting Indicate below, the weighting of this subject/unit and the total course points (eg 10 credit points for the subject/unit and 320 credit points for the course). Subject/Unit Credit Points | Total Course Credit Points | 1 unit | 24 units | 1.4 Student workload Indicate below, the expected student workload per week for this subject/unit: No. timetabled hours/week* | No. personal study hours/week** | Total workload hours/week*** | 4 hours/week | 5 hours/week | 9 hours/week | * Total time spent per week at lectures, tutorials, clinical and other placements etc ** Total time students are expected to spend per week in studying, completing assignments,etc *** That is, * + ** = workload hours. 1.5 Mode of Delivery Indicate if this subject/unit is delivered face to face: YES 1.6 Pre-requisites Are students required have undertaken a prerequisite/co-requisite subject/unit(s) for this subject/unit? YES If yes, provide details of the prerequisite/co-requisite...
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...unethical in recent years. Do you think it is essential to take ethics into consideration when making business decisions nowadays? (40 marks) Ethics are moral principles that govern a person or a group’s behaviour. When applied to business this involves the examination of how people and institutions should behave in the world of commerce. For example, when the actions of a firm may affect others. One reason why it is essential to take ethics into consideration when making a business decision nowadays is because there is more awareness and interest in how ethically a company conducts its business. This may mean that it is a lot easier for people to find out about whether a business is behaving ethically or not. If discovered this could have a harmful effect on the business. As seen in April 2013, when an eight storey building, in Bangladesh collapsed on itself. This building was making garments for several Western retailers. Primark so far is the only retailer that has taken responsibility for this and decided to pay compensation. This horrific accident gave Primark lots of bad publicity, including protesters campaigning outside the stores doors. It is not just the conditions of the buildings that affect the workers, but also their overall treatment. Retailers like Gap, H&M and Lidl have been found subcontracting work to factories who force employees to work 13 hour days, some workers have been known to do 19 hour shifts, working from 8am to 3am with factories locking employees...
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...BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP in order to ace their studies. ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-1-individual-assignment-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP in order to ace their studies. ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-1-individual-assignment-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP...
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...What does ethics have to do with accounting? Everything, since there have been some recent financial accounting scandals; a few examples being Xerox, WorldCom, Enron, which have generated much unwanted and unfavorable publicity for CPA's, including those working as controllers or chief financial officers for organizations. When you hear the word "ethics," what is the first thing that comes to mind? Having to make the decision of doing what is right versus doing what is wrong. Some idealists say that decisions of ethics should not be conditional. However, that is not as simple as it may sound. What constitutes "right" to one person may be "wrong" to anther; what clearly distinguishes the line between right and wrong? What some may look at as being unethical does not necessarily make it illegal. In the predicament of David Duncan, the lead audit partner at Arthur Anderson the Accounting Firm for Enron, underscores the penalty that accountants may face under professional accountability. Duncan had pleaded guilty to obstruction of justice when he was involved in the connection with document shredding. The scandals have made some big implications on the profession as a whole. One being the decision from the Public Company Accounting Oversight Board (PCAOB), created by the Sarbanes-Oxley Act (SOA) of 2002, in April 2003 they voted to assume the responsibility for establishing auditing standards. The Auditing Standards Board of the American Institute of Certified Public Accountants...
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...ensure a successful business environment. We know that morals and ethics are related to individual character; however ethics and morals carry a very important role in how people conduct business. This essay will differentiate ethical issues and moral issues, and address the difference between personal and business ethics as well as provide common examples of ethical problems in business. What are the differences between ethical issues and moral issues? What prevents an individual from stealing? How about that tiny voice within that stops you in your steps? It is called Morals. Morals explain an individual’s honest and dishonest behavior. Normally, morals are taught by our parents at early age by establishing the difference between good and bad behavior. At a large company in Nevada, certain employees were given favoritism by providing special favors to their manager, such as dog sitting while the manager was out of town, going to happy hour after work hours and going out to lunch. Although other employees in that department were proficient at their work, they only performed their required job duties and as a result were excluded from the special favors. At the same company, pay raises were eliminated, along with 401k contributions, and bonuses; however, upper management continued to receive all of the monetary benefits regardless of what they called a freeze on benefits due to the changes in the economy. According to BusinessEthics.ca "Business Ethics" can be defined as the...
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...MBA 6301, Business Ethics Course Syllabus Course Description Explores the role of individual, business, and government activities related to ethically responsible commerce and socially beneficial business activity. Prerequisites None Course Textbook Stanwick, P. A., & Stanwick, S. D. (2014). Understanding business ethics (2nd ed.). Thousand Oaks, CA: Sage. Course Learning Outcomes Upon completion of this course, students should be able to: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Analyze the concepts of business ethics from a personal and an organizational perspective. Assess the ethical issues facing business leaders. Evaluate and distinguish between the concepts of social responsibility, integrity, and business ethics. Explain the framework required to make ethical decisions in today's business environment and how it improves the business climate. Summarize how moral philosophies, on a corporate and individual level, influence ethical decision-making in business. Analyze the influence of corporate culture, including leadership, power, and motivation, on business ethics in the workplace. Explain the pressures that influence ethical decision making in the organization. Evaluate the need for ethical standards, codes of ethics and practices in business. Assess the auditing process to assure ethical practices are being followed. Analyze the role that culture plays in global business ethics. Credits Upon completion of this course, the students...
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