...Abstract Accenture Development Partnerships (ADP) is a philanthropic arm of Accenture that supports an innovative not-for-profit business model as a means to channel the core business capabilities of Accenture to organizations in the international development sector. This article will give an overview of the offering, a look inside the industry where large corporations choose ethics over profit and will help the reader gain an understanding of what is necessary to successfully work within this group. . Ethics vs, Profit: An Exploration of Accenture Development Partnership My goal is clear; it has been for roughly five years now. When I left the not-for-profit sector and joined a Accenture, I did so with the very specific goal of returning with new and fine-tuned skills. As I sat in my New Joiner Orientation and learned about ADP, I knew that one day I would join Accenture Development Partnerships and once again work on projects that serve the greater good. I will channel the skills I have gained from my experience within a multi- national corporation, bring my non-for-profit sensibilities, expertise in development and fundraising to help advance sustainable solutions to global development challenges. Until joining Accenture, all of my adult work experience comes from the not-for-profit sector where I worked in very creative atmosphere within event management, fundraising and development.. After years of...
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...Introduction Should a person or organization copy music and video DVDs or a profit? While there are definite legal and social reasons which would lead to the answer of “no,” there are also ethical reasons. We have the technology to easily copy music and video onto DVDs but having the ability does not make something ethical. Katz, E (2011) states technology in and of itself can be used to undertake unethical, and even evil endeavors. Many rationalize that from an ethical standpoint, technology is neutral, even if this technology has the potential for unethical uses state often engineers and designers of technology consider ethics as something of a constraint on them. Often, when designing technology is being developed, engineers find themselves being presented with moral/value conflicts. Moral concepts such as security vs. privacy; safety vs. autonomy; accountability vs. confidentially and even individual rights vs. rights of a group are all related to technology. The aforementioned concepts are not only related to designing and manufacturing technologies but they also relate to the use of technology. Taking this into consideration, one can begin to see the ethical issues of using technology for all intent a purposed to pirate music and DVDs. Discussion Anthony, S. (2013) made a case for using technology to copy music and video. According to Anthony, S., copyright law exists to protect an artist through lobbying and legislation. When a consumer purchase a movie or song, he...
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...NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Learner: | | MGT7019 | Stephanie Lyncheski | | | Ethics in Business | Assignment 1 Paper- Ethical perspectives: Friedman vs. Drucker, Murphy | | | ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Faculty Use Only ------------------------------------------------- <Faculty comments here> ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- <Faculty Name> <Grade Earned> <Writing Score> <Date Graded> Running head: ETHICAL PERSPECTIVES Assignment 1 - Ethical Perspectives Friedman vs. Drucker, Murphy Northcentral university MGT7019-8 Ethics in Business 05/20/2012 With no clear definition of what business ethics are, it becomes the responsibility of the beholder to discern or reach a plausible conclusion of what constitutes ethical behavior. When looking at business ethics from a global perspective the water only gets muddier. Studies and perspectives on the subject provide no clear definition and when western and eastern social values are added in the mix, the gap between doing what is ethical and doing what is right stretches the abyss even further. Doing what...
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...(ESPN vs. OSU, 2011) (George, 2010) Ethical and Moral Issues in Business Timothy E. Shaw MGT/216 July-27, 2011 Ms. SHANNON MATHIS-ROBERTS Ethical and Moral Issues in Business Ethics and morals are rules on how we as individuals and as a society should follow. These rules, both written and implied, are how we are viewed and judged. This paper will discuss the differences between ethical issues and moral issues, the differences between personal ethics and business ethics, and show how a violation of these rules brought down one of the Goliaths of college football and caused a premature end to the era Jim Tressel at The Ohio State University. Ethics and morals are sometimes used interchangeably. Ethics is defined as a systematic attempt to make sense of our individual and social moral experience, in such a way as to determine the rules that ought to govern human conduct [ (George, 2010) ]. A moral is the distinction of right from wrong. The difference between the two is very slim and marginal. Morals are what define our personal character, whereas ethics lean on the side of how society is supposed to act [ (wisegeek) ]. As close as ethics and morals are, the margin of difference between personal ethics and business ethics is even more narrow. Business ethics is how people conduct themselves in the workplace and how the company produces goods or perform services to increase their overall worth and profits. Personal ethics are principles of good behavior and a moral...
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...good community citizens, have safe work environment for the workers etc. In short the company should not only think about its profit, it should also think about the employees and their consumers and shareholders. Usually the company face challenge of environment. They need to provide such an environment to the employees that satisfy them means safe work environment, extra technology, proper pay and their other needs. It is company social responsibility to give such an environment. Most of the companies don’t bother to think about its employees, they just take so much hard work from them and in return they don’t even pay that much. And another challenge that a company may face is labor vs. profit. The companies just keep an eye on their profit, they don’t care about how employees are working and what they need. So, as such appoint labor don’t want to work in such environment. Arising from the social justice movement of the 1960’s, companies found that it is good to serve the people and in that case they start offering for the health benefits to their employees to provide sanitary and safe work environments. By taking right management decision companies can even get more profit and their reputation in community will increase. Business has found that Good ethics doesn’t happen automatically. Ethisphere has developed a methodology to examines codes of ethics, companies and provide a grade by comparing business to others. Enron, of the largest ethical disasters of 21st century, is...
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...Context of Business Economic Environment Factors of production: Resources used to produce goods and services 1) Land (natural resources) 2) Labor (workers) 3) Capital (buildings, equipment) 4) Entrepreneurship 5) Knowledge/Information World Economic Systems 1) Communism: All factors owned by all people * Big government * No competition * Karl Marx 2) Socialism: Some factors owned by all people * More equal allocation of resources * Government/central planning for basic goods/services * Most basic industries owned by the government 3) Capitalism: Factors are privately held and used to make profit * Promotes competition and freedom. * Driven by self-interest, rewards innovation * Adam Smith: father of free trade and capitalism Market Economy A) Supply and Demand B) Levels of Competition * Pure: Indistinguishable products, infinite sellers, i.e. Retail gas * Monopolistic: Similar products, many sellers, i.e. Candy, Athletic Shoes, Apparel * Oligopolies: Market is dominated by a few sellers, i.e. Soft drinks, Airplanes * Monopolies: One firm owns majority of market, i.e. Electricity, Gas, Water Economic Indicators (indicate health and trend of an economy) 1) GDP: Measures the sum of all goods and services produced in a country in a year 2) Unemployment rate: Measures percentage of population 16 and over looking for work but cannot find it. Three types of unemployment * Frictional:...
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...Japan vs. United States: Ethical Norms Japan vs. United States: Ethical Norms This paper is about the ethical norms of Japan and the United States. The Japanese culture is very complex as well as their corporate culture. Japan’s government us unitary state, constitutional monarchy, parliamentary system. The United States culture is primarily western and corporate culture is considerably fragmented. The different factors within both cultures have an impact on both countries’ ethical norms. Japanese corporations can be contrasted to American corporations which stress the interests of stockholders and are more likely to emphasize short term goals. Leadership is a term that emphasizes three characteristics which are the human trait requited, to coordinate interests of the group, and towards the group’s goals (Taka & Foglia, 1994). Effective leaders maintain integrity and trust by communicating clearly, leading by example and fostering positive relationships with sponsors, stakeholders, suppliers and employees. When leaders establish a strong commitment to ethical behavior and demand that all employees adhere to a high standard of business conduct, confidence in the company tends to be high. When leaders show disregard for the rules, morale, productivity, and overall success suffer in the long-run. The problem of when and how to adapt to different ethical standards is best approached by examining two sets of issues: those faced by Americans doing business in Japan, and...
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...Quiz #1 9/10/2012 1. Factors of production would be anything businesses use to product a good or service. The five factors would include: Labor, Capital, Entrepreneurs, Physical resources, and Informational resources. Labor is the physical contributions such as factory workers on the production line or intellectual contributions such as an engineer designing a new technology (p.7) Capital would be the financial resources companies use to conduct business. You need money to start making money and a lot is needed to start a business. Entrepreneurs are the people to launch new business ventures and accept all the risks associated with. They are innovative leaders who think outside the box. Physical resources would be the tangible things to conduct business (p8). Natural resources, parts, facilities, and equipment would be some examples. Informational resources would be the data used to conduct business. This is a new concept which was brought by the technology boom. These resources can help us in forecasting costs and predict market trends. Some businesses are designing solely on the data mining service. Is one factor more important than the other? If so which one? Why? This is a very tricky question. For my answer, I am basing my opinion on the United States economy. It does differ based on the country chosen. If I picked China, I would say their economy has a heavy importance on the labor factor. Their huge population and cheap labor causes...
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...in a business context. Andrew Brady 10358293 Ethics can be defined as distinguishing and choosing between right and wrong (Oxford English Dictionary) and is a central part of what makes us human. It is, however, not as simple as it would first appear. The idea of ethics has long been the topic of discussion for philosophers and there are many differing views on the issue ranging from utilitarianism to virtue ethics. Despite this multitude of views certain grounds are agreed upon with regards to ethics: * The possibility of free will. * The focus on an individual’s relationship with others. * Some form of individual responsibility. (O’Regan, A; 2012) Morality and ethics are the fabrics with which our society is sewn. Society, its laws, social order and ethics are all interlinked. One of the main goals of society is to create harmony among its people and as such morality plays a huge role (Anon; 2007). Without these moral principles humans would act on mere base instinct with little regard for consequence, be they positive or negative. With this in mind it can be said that ethics and morality arise when we are no longer bound by the rules and laws of our society and as such must look within ourselves to decide what is right or wrong (Anon; 2007). As I have already said ethics is seen as an entirely human concept and is often seen as a social construct. I would be inclined to agree with this sentiment as ethics tend to change from culture to culture. That which...
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...Exploitation of illegal immigrants. * Violation of state regulation, requiring time for breaks and meals. An internal audit of Walmart for one week of time record indicated the following: * 60,767 missed breaks * 15,705 lost meal times * 1,371 instances of minors working long hours or during school hours. Despite the knowledge of this violation's by the management, they still continued to take place till someone filed a lawsuit against the organization. Since 1999 Walmart has settled multiple lawsuits amounting in excess of $500 million. Even with these lawsuits the company hasn't changed the way it handles the employee issues. As of now Walmart has 76 wages, hour and overtime cases still pending against them. Women Vs Wal-Mart Betty Dukes Vs Walmart, which is considered to be the largest class action lawsuit in history. * Started with Betty Dukes and 5 other women suing Wal-Mart in 2001 * 1.5 million women are suing Wal-Mart for gender discrimination in management hiring practice and difference in wages (Mcnamara, 2005) * In its 6 to 5 ruling the U.S Court of appeals and...
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...Ethics: Moral principles and values applied to social behavior. A reasoned set of principles of conduct. Usually has a religious underpinning, which is logical. Business Ethics: Moral principles and values applied to situations arising in a business setting. In other words, the fairness, rightness, or wrongness, if you will, of an action. If you have ever seen the movie “Wall Street” with Michael Douglass, you probably recall his character Gordon Gekko, who basically espoused that “Greed is Good.” You might question his approach to ethics. Than again, maybe you wouldn’t! Unfortunately, companies have conflicting duties: to make a profit, to work efficiently, and still stay within the law or suffer dramatic consequences. As you might imagine, it is sometimes like putting a square peg into a round circle. For example, a company can make a higher profit if it uses overseas labor or raw materials, but what about the legality and ethics of such a decision? It would seem in recent years there has been an emphasis on the bottom line, rightly or wrongly. Legal versus Ethical Questions generally asked by companies: Is the proposed action: profitable? If so, is it: Legal? Ethical? Notice the ordering. Legal Behavior: many actions are clearly legal or illegal, but many items also fall into a gray area...
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...Discussion Questions for Smith vs. Marx (October 8, 2013 pp. 134-165) An Essay on the Background of Business Ethics: Ethics, Economics, Law and the Corporation 1. What is philosophy? A conversation. 2. What is "philosophical ethics"? A conversation about conduct, the doing of good, and the avoiding of evil. 3. What is "business ethics"? A conversation about right and wrong conduct in the business world. 4. Business ethics was once known as “the world’s most famous oxymoron” until about thirty years ago. What happened to change that view? Newspaper headlines of foreign bribes, Wall Street scandals, exploding cars, whistleblower conflicts and civil rights in the workplace allowed the view that value questions are never absent from business decisions to come into play and that moral responsibility is the first requirement of a manager in any business. From then on, it has become the general consensus that a thorough grounding in ethical reasoning is essential preparation for a career in business. 5. How was the “ruling class” defined in the seventeenth century according to Karl Marx? The ruling class in every age is the group that owns the means of production of the age’s product. In the 17th century, the product was almost exclusively agricultural and the means of production was almost exclusively agricultural land; landowners were the aristocrats and rulers. With the coming of commerce and industry, the owners of the factories joined the ruling class...
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...Business Ethics and Corporate Responsibility Introduction Corporate Responsibility or Corporate Social Responsibility (CSR) has been a term coined in the previous century in order to define the social responsibilities of corporate heads and their corporations in securing the trust of its community by determining and fulfilling its roles towards the betterment of society. Simply following the rules set down by legislation would not do; corporate authorities and workers alike were demanded to be ethically inclined and considerate of how their actions affect society in general, both as residents and providers within their immediate communities. But both ethics and responsibility are vague terms, and prior to the 19th to 20th centuries, neither of them has been attached to business entities like corporations. Business ethics and corporate responsibilities, then, are much vaguer terms in that they entail more than simple and faithful provision of goods and services to people; some may even think that corporate giants and ethics do not exactly go together, or even share a superficial partnership. But these revolutionary concepts have played a major role in redefining corporations in the 21st century; these conceptual standards remain strong factors towards corporate determination of company action and assessment of overall company performance today. This paper will discuss business ethics and corporate responsibilities as sister terms, but also as discrete concepts, both of which...
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...ethical demands on business entities vs. those on individuals in society. Instructions In this assignment you will reflect on the topics of Week One and apply them to an analysis of ethical paradigms. You will be asked to respond to two prompts below. The first asks you to explain three of the ethical philosophies you encountered in Chapter 1 of Introduction to Business Ethics, and then determine how companies that abide by these policies would act. In the second prompt, you will be asked to explain various punishments that can be given to corporations and the behaviors that are ethically dangerous to corporations. Please answer all questions in detail. Because this journal is worth 5% of your final grade, there is a high expectation for your participation. Grades for the journals are based on content, critical engagement, quality of reflection, and detail. Please submit the completed journal via the Assignment Basket found in the Week One Journal tab on the left navigation toolbar by Day 7. Organizations Select a Not-For Profit and a For Profit organization you would like to study. These will be the organizations that you will be focusing on throughout the course so be sure to choose organizations that you find interesting and that you think will be engaging as you learn about the ethical climates of these organizations. Place the Name of the Not-For-Profit Organization here: Books for Africa Place the name of the For-Profit Organization here: Caner Centers...
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... | | | |SUNY EMPIRE STATE COLLEGE | | | |Date: December 09, 2014 | Business Ethical Behavior & Corporate Social Responsibility: Why Organizations Must Have IT Corporate Social Responsibility has gradually developed into one of the greatest ethical aspects that have to be adhered to by almost every profit-making organization in order to prove their social sustainability. The term Corporate Social Responsibility (CSR) denotes “the voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner” (“Corporate Social Responsibility”, n.d.). CSR which is also known by the names like strategic philanthropy, corporate...
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