...more than merely become a profitable organization. The strategic decisions of organizations are not made for the the benefit of the organization alone. Strategic decisions are also made to impact the community, consumers, and workforce of the corporation in a positive way. The strategic decisions made by a corporation are carefully made to reflect the mission and vision of the organization. Every decision includes the appropriateness of how the organization serves the community by keeping their needs and expectations in mind. The ethical interests of the organization must be well defined and all conflicts of interest or legal occurrences must be dealt with in a completely ethical manner. The stakeholder’s have the expectation of transparency from the organization so that their needs are taken into consideration during the course of developing the strategic plan for the organization. The question of what the ethical social responsibility requirements of an organization are can be answered in different ways depending on the view of the corporation. Milton Friedman and Archie Carroll have very different ideas of corporate responsibilities to society. Friedman believes in a more traditional view of corporate responsibility limiting the influence of government regulations that affect the worldwide economy. A quote from Milton Friedman that underscores his believe in minimal involvement of government says it all. "If you put the federal government in charge...
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...treated. The answer that comes to mind is providing ethical as well as moral framework, which starts with managers. Remember that a company’s leadership starts at the top and one of the criteria’s in being a good leader is strategic planning. Strategic planning is a tool used by management to assist organization in doing a better job. The plan is used to develop the best way the organization will deal with environment circumstances, and ensure that the organization employees are working toward the same goals. There’s a question of rather or not decision makers should be responsible only to shareholders and increasing profit, or do they have a broader responsibility to society beyond the maximizing of profits (Wheelen & Hunger, 2006, p.56). According to Milton Friedman , “there is one and only one social responsibility of business to use its resource and engage in activities designed to increase its profits so long as it stays within the rules of the game, which to say, engages in open and free competition without deception or fraud” (Wheelen & Hunger, 2006, p. 57). It is however frustrating when addressing dilemmas which occur when ethical considerations appear to be tacked onto real business of organizational decision making-almost as an afterthought (The William Institute, 2006). I personally think the role of manager in promoting an ethical workplace is leading by example. Rules and policies alone do not make an ethical organization, but acting on the morals behind these...
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...toward new pradigim Towards A New Paradigm for Economics Asad Zaman Director General International Institute of Islamic Economics International Islamic University Islamabad, Pakistan Abstract. Current economic theory is mainly concerned with the factors which affect the wealth of nations. Issues of income distribution and elimination of poverty and deprivation is secondary. The present paper invites discussion on a new paradigm: hunger and homelessness to make the subject of economics really serve the humankind. 1. Focus of Conventional Economics is Wealth and not Poverty Current Economic theory is firmly set in the mold structured by Adam Smith 1904). His concern was to look into factors which affect the wealth (and hence power, prosperity) of nations considered as a whole. Issues of income distribution are secondary, since wealth belongs to the nation regardless of how it is distributed among individuals. Since then, economists have been primarily interested in wealth and power, and not so much in removing poverty, hunger and economic misery. Malthus (1798) provided a convenient sop for consciences, showing that poverty arose as a consequence of natural laws (all proven wrong empirically later) and the only cure was to reduce the birth rate of the poor. Tawney (1926) has looked at the process by which morality got divorced from economics in much greater detail; because of this, questions of fairness, equity, justice no longer form part of current economic discourse...
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...2004 to 50% 2007 and still rising” (Wheelan, 2010 p. 74). The author of this paper will discuss how the role of ethics and social responsibility will effective stakeholders and society. In addition, the author will discuss how the Arthur Andersen Corporation overstepped their ethical boundaries to their stakeholders. Ethics and Social Responsibilities Ethics spells out the important in order to achieve a specific result within the organization in existing or occurring issues. Moreover, the way people as a society make ethical decisions in his or her personal lives, is not necessarily the same way they make decisions in a business environment. Upper management implements ethical policies for all employees, this information should be updated continually through manuals or on the company’s website. Organizations in the United States use two views for business responsibility in the area of ethics Milton Friedman’s and Archie Carroll’s view. Friedman’s view is widely accepted in the business environment. According Friedman the best approach in business and for sociality is “ to used its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud” (Wheelen, 2010, p. 72). For example, General Mills spent millions in charity, community events, and...
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...tragic moment after his workplace’s hours been reducing during some financial problem. That’s not only the problem he has. The worst case scenario is when his sons Michael had stricken in the middle of a baseball game. The people at the baseball game took the child into hospital to find treatments. As soon as the child is in the hospital, John and his wife, Denise had found out that their child is in need of an emergency heart transplant. Even though Archibald had health insurance, they were informing by the hospital administrator that their policy doesn’t cover this expensive procedure. They had try anything to raise money, but he was incapable to raise the amount of money by himself. He try talking to the hospital’s compassionate cardiac surgeon, to ignore his lofty fee, he left him with nothing. And tells John to take his son home to die. John had stressing had nothing left in his mind. They left john with no other choice. John got upset and go into the hospital hold the staffs, and patients of the hospitals in the emergency rooms at gunpoint. What are the ethical and legal issues show in the movie john q? In the movie, John Q the ethical and legal issues are it gives us a clear view on the duties of public helps, and private administrators with regards to ethical decision they face in the daily execution of duties in communities they represent. And it's simply reflecting about our deliberate decisions. First we should investigate what is the act, the intention, and the circumstances...
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...Communal Social Responsibility ETH-316 September 2012 University of Phoenix Communal Social Responsibility Social responsibility manifests itself in many forms. Volunteerism, monetary donations, and environmental initiatives are examples of activities any person in the community can participate. Corporations that operate within the boundaries of a community, referred to as a Corporate Social Responsibility, or CSR. The decisions that a company makes ultimately has an effect on the community and society as a whole; defining the term ‘Corporate Social Responsibility,’ (CSR). As Basil (2009) noted, “Corporations are increasingly being held responsible for the social impact of their organizational priorities,” (p. 387). Furthermore, as Revathy (2012) indicates: “As a part of society, it is in business’ interest to contribute to addressing common problems. Strategically speaking, business can only flourish when the communities and ecosystems in which they operate are healthy,” (Para. 1). With this type of focus on how a company acts on a social level, leadership at larger companies is taking notice and making CSR part of the strategic vision. “Company support for employee volunteerism, (CSEV) benefits companies, employees, and society while helping companies meet the expectations of corporate social responsibility,” (Basil, 2009, p. 387). Several companies can show their effort in different ways and with different programs. Three companies in our community of Tucson...
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...Liya Tesfaya2013-09-17 Till:lina.alw@hotmail.com Från: liya.tesfaya@hotmail.com (liya.tesfaya@hotmail.com) Skickat: den 17 september 2013 23:11:48 Till: lina.alw@hotmail.com Hej Lina, Jag har faktiskt försökt minska fråga 2 men fråga 1 är omöjlig att förkorta för att man måste svara på många del frågor så det gick inte. Jag har tackat ja till att jobba de här 3 dagarna så tyvärr kmr jag inte. Men säg bara vad jag ska prata om på presentationen så gör jag det. ps. Jag kmr adda dig på facebook imorgon :) Mvh Liya Skickat från min Samsung Mobil -------- Ursprungligt meddelande -------- Ämne:RE: Case 4.7 Från:Karolina Alw Till:liya.tesfaya@hotmail.com Kopia: Hej! Men vilket jobb du har gjort!! Grymt! Du stör inte alls, ingen fara. Orkar inte kolla på detta ikväll dock. :) Har du försökt förkorta nånting lite själv, eller är det svårt? Jag får försöka kolla på detta imorgon efter klassens studiebesök på Ericsson. Skulle du på det? :) Jag kunde inte hitta dig på Facebook förut idag, men jag föreslog till de andra att vi kan börja med att ses kl 9 på torsdag istället och försöka göra klart det sista, så får vi se om vi behöver ses på fredag överhuvudtaget? Vi ska ju ha en gästföreläsare på torsdag förmiddag men han skulle inte komma till skolan förrän kl 10, därför tänkte jag att vi i gruppen kan ses kl 9 och se hur klara vi hinner bli. Vad tycker du? De andra i gruppen har inte svarat än dock, så vet inte vad dom tycker. Jag...
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...Sport MarHeting Quarteriy, 2006, 15, 184-189, © 2006 West Virginia University Nike's Corporate Interest Lives Strong: A Case of Cause-Related Marketing and Leveraging Colleen McGlone and Nathan Martin ( involved in CRM, as well as addresses ethical dilemmas that may arise when these campaigns are being considered by both corporations and non-profit organizations. Nike's Corporate Interest Lives Strong: A Case of Cause-Related Marketing and Leveraging Sport Sponsorship Corporate sponsorship of athletes, facilities, and events is not a new phenomenon in the sport marketing wodd. Sponsorship appears td be everywhere, from sponsored stadiums and fields to apparel and clothing. This surge in sponsorship has not only increased the expense of sponsorship, but it has also created an environment where cutting through advertising clutter has become more difficult. With changing consumer habits and the need to target specific lifestyle segments, corporations are looking to use s]5ort sponsorship more frequently as a means to meet a variety of objectives (Belch & Belch, 1995; Shimp, 1997). Specifically, sport sponsorship is "a business relationship between a provider of funds, resources, or services and a sport event or organization, which offers in return specific rights that may be used for commercial advantage" (Howard & Crompton, 2004, p. 434). Of all the commercial advantages a corporation may seek to exploit through sport sponsorship (e.g. image building, brand building,...
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...Genetically Modified Organisms Group E- Chrystalyn Northcutt-Warden LAS 432- Technology, Society & Culture Kira Leavens DeVry University December 7, 2013 Table of Contents Abstract Introduction Political Influences Economic Questions and Considerations Psychological Affects Moral and Ethical Implication Conclusion Works Cited Appendix Abstract Introduction The Hunger Games trilogy dwells upon genetic modification. With genetically engineered animals such as the jabberjay, mockingjay, tracker jacker and wolf mutts, monkey mutts and even genetically engineered roses, the trilogy explores the ethics and consequences of toying with Nature. This paper will discuss the pros and cons of genetically modified organisms. Also the economic, psychological effect on society as well as the moral and ethical implications that this technology can have on today’s society. History Genetically modified organisms have continually been around but have recently evolved and came to light in the past 10 years. Genetically modified organisms are described as “An organism whose genetic characteristics have been altered by the insertion of a modified gene or a gene from another organism using the techniques of genetic engineering (www.medical-dictionary.thefreedictionary.com, 2013).” genetically modified organism (GMO) is used to refer to any microorganism, plant, or animal in which genetic engineering techniques have been used to introduce, remove, or modify specific parts...
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................................................................................ 6 Moral and human rights infractions ....................................................................................................... 7 Recommendations for cocoa and chocolate industry ............................................................................ 9 Challenges remaining for the cocoa and chocolate industry................................................................ 11 References ............................................................................................................................................ 13 Summary This report will illustrate the benefits of the largest chocolate manufacturers “big4”, and discuss the ethical concepts:...
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...Effective Communication Table of Contents Abstract……………………………………………………………………………………..4 Introduction…………………………………………………………………………………5 Chapter One: History of Ethical Theory Development Introduction……………………………………………………………………………….…6 Definition of Ethics Business Ethics and Individual Ethics: Is There a Difference?…………………….…..7 Virtue Ethics…………………………………………………………………………............9 Practical Wisdom……………………………………………………………….14 Eudaimonia……………………………………………………………………...15 Kantian Ethics……………………………………………………………………16 Ethical Egoism…………………………………………………………………………….....18 Consequentialist Ethics.……………………………………………………………………..21 Chapter Two: Corporate Social Responsibility Introduction 27 Corporate Social Responsibility 27 Summary 34 Chapter Three: The National Football League’s Blackout Policy is Unethical Introduction……………………………………………………………………………….…35 The History of the NFL Blackout Policy: The Legal Test…………………………………..37 The Economic Test: Do Blackouts Have a Positive Economic Benefit?...............................39 The Philanthropic Test……………………………………………………………………….43 The Ethics Test………………………………………………………………………………47 Summary……………………………………………………………………………………..51 Chapter Four: Effective Communication Introduction……………………………………………………………………………….....50 Effective Communication Defined………………………………………………………..…50 This Student’s Display of Effective Communication…………………………………….....51 Written Communication………………………………………………………………...
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...Even today, the Watergate scandal still poisons the minds of people wanting to place their trust in the American government. This case encompasses what the ideals of corruption, power hunger, and trying to control abuses of power are. More importantly, past this though, this incident helped create the cynical thinking that separates the politicians from their constituents. According to Michael Genovose, author of The Watergate Crisis, “some supporters claimed [after Nixon’s resignations] that the scandal of Watergate would go away, but they were wrong. The legacy of Watergate still lingers, a quarter century after the tragic events unfolded” (Genovose, p. 14). On the morning of June 17, 1972, a group of individuals were caught burglarizing the offices of the Democratic National Committee that was located in the Watergate building in Washington D.C. Those individuals that were caught were tied to President Nixon’s campaign...
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...Corporate Social Responsibility 1 Corporate Social Responsibility Southern New Hampshire University Trenise Graves Corporate Social Responsibility 2 Executive Summary Corporate Social Responsibility has become the main initiative for companies looking to capitalize on sustainability and humanitarian efforts. CSR has evolved from companies donating corporate dollars to global non-profits, to sending employees into emerging geographical places to work directly with its initiatives partnering organizations. Wal-mart stores Inc., operates retail stores in various formats under various banners. It’s operations comprise of three reportable business segments, Wal-Mart U.S., Wal-Mart International and Sam’s Club in three categories; retail, wholesale, and e-commerce. Wal-Mart first opened in 1962 in Rogers, AK. The business is the result of its founder Sam Walton. His visionary leadership focused on helping customers and communities save money and live better. They feature a great selection of high quality merchandise, friendly service, and everyday low prices. Wal-Mart goal is to bring the best shopping experience to consumers. Wal-Mart business philosophy is based on the simple idea of making the customer No. 1. Wal-Mart as a corporation believe that by serving the...
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...What is Morality? It is one question that has been debated over by people since the beginning of time. Yet, even today, not one person can say what morality really is. Morality is a matter of opinion. In his book Education in the Moral Domain, Larry Nucci, a psychologist at the University of Illinois at Chicago is somewhat helpful in distinguishing this. Nucci believes there are three areas that encompass social behaviour: First, the personal domain, where individuals have preferences for things that have no factual measurements (for ex: gum over lollipops). Secondly, the domain of social conventions, where rules could be different and it wouldn't make any difference and thirdly the moral domain, where behaviours and intrinsically right or wrong. In cultures around the world people are accustomed to the idea that people are in authority of them and rules enforced by that authority. In my essay, an argument will be made that morality and law are not independent of each other by examining the teaching of morality to children, who is to blame for children behaviours and the religious morality of the ‘Ten Commandments’. Before it can be determined if one has morals, one has to know exactly what morals are. Lord Devlin, in an essay "Morals and the Criminal Law" in The Philosophy of Law (ed R.M Dworkin), Oxford (1977) at p 74"Society means a community of ideas; without shared ideas on politics, morals and ethics, no society can exist. Each one of us has ideas about what is good...
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...The Innovation Pandemic: Society quest for real time solutions Parish M. Kaleiwahea Wayland Baptist University Abstract The Innovation Pandemic: Society quest for real time solutions When one thinks of a business with information technology (IT) flair, Wal-Mart is probably not on the top of anyone’s list of companies leading the way of innovation transformation. However, for 45 years this retail giant has reinvented IT retail model for an evolving digital economy. Today in order to survive a global economy companies must embrace and invest in latest information systems infrastructure in order to maintain a competitive advantage. Wal-Mart’s commitment to enhance their technology by integrating traditional and e-commerce retail innovation by using the most advanced technology to enhance the retail empire. As profits continued to reap into Wal-Mart, its commitment to improve data communication systems for their company remained a priority. While other companies contemplate spending money on new innovative technology, Wal-Mart continues to dedicate itself to implement many computerized solutions such as instituting a uniform product code (UPC) system as its electronic scanning barcode tool (Wang, 2006). Innovation is a tough concept for people to wholeheartedly to embrace because it comes with all types of unknowns. Companies like Wal-Mart took a huge financial risk, but eventually stuck to their strategic vision to embrace and forge ahead in the technology era. However...
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