...CJ Business environment has a big impact on people’s lives and not just theirs but their families as well. Nobody really knows what is going on in the other person live, so I believe that we have to have morals and it really don’t matter what you do for a living. The business environment can be so stressful and can cause a lot of damage with immoral acts. The company as a whole has to make sure that everything and everyone are using morals in the environment. In a business environment, why should people be moral individuals? When we are talking about morals I believe that the business in question should be responsible in making sure that the people that they hire have morals and live by them. The business should also put out what morals they have and want to be followed. When the businesses don’t have morals it can cause lot damage to the company and the people that work for them as well. No morals can destroy lives. Let’s, say for example, In today’s time the people really don’t have a choice on if they health insurance or not. The government is making us have it and if you don’t have health insurance then you have to pay a fine. Some people say " If I can’t afford the insurance then I can’t afford the fine, so the hell with it". But what most people don’t realize is when you file income tax you are paying that fine. To this is immoral because everyone can’t afford health insurance and they live pay check to pay check. It is immoral to make someone...
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...CJ Business environment has a big impact on people’s lives and not just theirs but their families as well. Nobody really knows what is going on in the other person live, so I believe that we have to have morals and it really don’t matter what you do for a living. The business environment can be so stressful and can cause a lot of damage with immoral acts. The company as a whole has to make sure that everything and everyone are using morals in the environment. In a business environment, why should people be moral individuals? When we are talking about morals I believe that the business in question should be responsible in making sure that the people that they hire have morals and live by them. The business should also put out what morals they have and want to be followed. When the businesses don’t have morals it can cause lot damage to the company and the people that work for them as well. No morals can destroy lives. Let’s, say for example, In today’s time the people really don’t have a choice on if they health insurance or not. The government is making us have it and if you don’t have health insurance then you have to pay a fine. Some people say " If I can’t afford the insurance then I can’t afford the fine, so the hell with it". But what most people don’t realize is when you file income tax you are paying that fine. To this is immoral because everyone can’t afford health insurance and they live pay check to pay check. It is immoral to make someone...
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...I Business environment has a big impact on people’s lives and not just theirs but their families as well. Nobody really knows what is going on in the other person live, so I believe that we have to have morals and it really don’t matter what you do for a living. The business environment can be so stressful and can cause a lot of damage with immoral acts. The company as a whole has to make sure that everything and everyone are using morals in the environment. When we are talking about morals I believe that the business in question should be responsible in making sure that the people that they hire have morals and live by them. The business should also put out what morals they have and want to be followed. When the businesses don’t have morals it can cause lot damage to the company and the people that work for them as well. No morals can destroy lives. Let’s, say for example, In today’s time the people really don’t have a choice on if they health insurance or not. The government is making us have it and if you don’t have health insurance then you have to pay a fine. Some people say " If I can’t afford the insurance then I can’t afford the fine, so the hell with it". But what most people don’t realize is when you file income tax you are paying that fine. To this is immoral because everyone can’t afford health insurance and they live pay check to pay check. It is immoral to make someone do something that they can’t or don’t want to do. Now it’s true that...
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...Velma Owens Psychology Individual Project Unit 4 Our memory capability is basically divided into three major parts according to a model that was developed in 1968 by Richard Atkinson and Richard Shiffrin. The three main parts of our memory is sensory, short-term, and long-term memory. Sensory memory is the main storage area for our memory bank. It is the brief processing center that gets all the reading from our five senses. Each sense makes its own sensory memory. Some of the sensory memories will go to the short-term file and what does not go there will be lost in a matter of a second or two. One example of sensory memory is lighting followed by a loud clap of thunder, these are processed by two different senses-the lighting is sight whereas the thunder was hearing. What goes on to our short-term is put in there by some awareness of our sensory stimuli that have some meaning to us. The next one is our short-term memory. This works between sensory and long-term memories. While in here the memory will only last about 15 to 25 seconds if it is not passed on to the long-term. There are several concerns in this area of our memory. Such as to how long we can hold information in our short-term bank but also how much we can hold in any memory bank because our storage is very limited, in which determines how much we can recall on the spot. According to Klaus Oberaver we only remember things in groups of seven. If we rearrange the groups to what is...
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...senses that he was gone. I believe there is a thing of soul, how else would you explain heaven and hell. How is anything ever known, it’s all about the knowledge gain through a successful evaluation of one’s perception. Questions like these we still ask till this day well at least I know I do. How do you know? As I was growing dealing with hormones, plus establishing my faith systems. I do think that there more than a few universal truths, sometimes I feel them today. I think that one of the most important worldwide truths is that it’s wrong to do evil to other and nothing good will not come your way when you do so. This idea, to me, is definitely subjective. I understand that other people may feel it’s more of an objective belief, but when I watch the news I think of the entire bad stuff people...
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...University Unit 4 Individual Project 20 September 2014 Abstract Businesses immorality not only affected those employees but the lives of their families, as well as all those whom connected to the company. One will never know the extent of damage caused by immoral acts; the repercussions are too far reaching. In a business environment, a business should be more conscious of acting morally correct than any individual, because the number of live affected are incalculable. In a business environment, why should people be moral as individuals? Introduction Businesses should be morally responsible because the damage they can do is monumental. Businesses that do not act morally destroy lives; while these individual may not die their lives are irrevocably changed. For example, the collapse of a factory in Bangladesh in 2013 killed eleven-hundred people. This collapse was entirely preventable; had the owner not violated building codes and failed to respond appropriately to information that the building was not safe, the accident would not have happened. (Fortune, 2013) Furthermore, this businesses immorality not only affected those employees that died but the lives of their families, as well as all those whom witnessed the event. One will never know the extent of damage caused by immoral acts such as this one; the repercussions are too far reaching. In a business environment, a business should be more conscious of acting morally correct than any individual, because the number...
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...BUSINESS ETHICS Name Institution of Affiliation Introduction The business environment is changing to embrace ethical conduct in the performance of duties and activities of individuals in professional setting. Nowadays, companies are exposed to public scrutiny where their corporate social responsibility and social accountability are assessed. A shift towards rethinking the various functions of a business entity to encompass ethics into their daily management activities has been undertaken as entities seek to be market leaders. Business ethics encompasses the relationship the company has with the employees, customers, shareholders and the community. Business ethics is the analysis of business activities and situations where issues pertaining what constitute a right or wrong act are dealt with through institutional processes (Jennings, 2011). Consequently, ethics involves ascertaining good practices from bad practices based on the context of morals. On the other hand, moral conduct is the behaviour exhibited by human beings that can either be right or wrong depending on the context whereas business ethics. Business ethics can be viewed from two distinct perspectives; descriptive ethics and normative ethics. Normative ethics ascribes to the justification of moral systems whereas descriptive ethics depicts what ethical practices are. Ideally, the paper will delve into more details concerning what business ethics entails and the importance of business ethics...
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...Week 1 What is the difference between morals and ethics in the workplace? Might something be ethical but immoral? What about unethical but moral? Which is more important to an organization, to be ethical or moral? Why? Morals and ethics relates to individual character, ethics, and morals but also applied in business world. Ethics stresses a social systems to which application of morals that influences ethical behavior at work whereas morality consists of rules of human behavior and specifies that certain behavior or actions are wrong or immoral and others are right or moral (De George, 2010). The decision’s one makes, whether it is for personal or professional reasons falls into either an ethical or moral decision making category. Morals define personal character. Moral decisions are based upon the beliefs of the individual while ethical decisions are guidelines, standards, and laws that affect the business professional’s decision-making process. In an ethical climate, people are held accountable and decisions are made based on what is in the best interest of the company or its employees and not what nets the greater financial gain for an individual at the expense of the company’s ethical fiber. Issues that arise in business can sometimes be ethical but immoral or vice versa. Business organizations face ethical and moral decisions daily. Ethics in business are central in the organization as it provides standards that form the moral integrity of the company. Effective leaders...
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...where the company's operations activities are taking place, this also include protecting the environment and local people in the community from any harm from noise or water or air pollution. This report will explore more about the responsibilities BP have for making moral judgement and how their employees are involved and empowered. Also will have information on ethical issues affecting their operational activities and how do they ensure good relationship of employer and employee. Ending part there will be a summary about ethical code for oil industry. INTRODUCTION Considering ethics, a corporations' responsibility for taking actions that are morally sound needs to change. Reviewing the role of the individual, corporations are being subjected to the role of moral agent. The question is, can a corporation, composed of people, be held responsible for its own action as a moral agent? The answer is complexed from an individual's viewpoint with that of the corporation. Werhane (1989:821) viewed that corporation by law is identified as a person that is frequently held responsible for business practises. However, Werhane continues, if firms are not moral agents, they do not become morally liable and thus the onus is passed onto the individual person. [1] This becomes complicated because how can individuals become solely responsible for business practises? Essentially, the issue of moral agency and legal implications needs to be revised so that it is made clearer who is actually responsible...
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...SIGNIFICANCE OF BUSINESS ETHICS AND REFORM Creating meaningful ethical reform in business requires teaching students practical, concrete, psychological tools for how to work with their inner conflicts and emotional patterns, teaching them how to embrace the challenges that directly come up as we seek to build businesses that create both money and meaning, renouncing the fundamentalist dogmas of the cult reasons of the single bottom line. And evaluating different schools not just on whether they produce smart and successful students, but also on whether they produce wise and fulfilled ones. When speaking of the importance of ethics in business, most people like Debbie Vasen infer that the term ethics refers to the business as a whole contrary, business ethics applied individuals working within business acting on company affects the entire company not just individual. When employee works ethically and responsibly it leads to entire organization. This ethics are more than just a word used to enhance the image of corporation also a very foundation of success, it should applied at the very moment of a firm opens its doors. The term business ethics has always help controversial connotation that is why the researcher seeks answer for business conflict on its ups and down. Believers like Cameron Mclean says that a business trying to grow revenue and profits will have direct conflict with remaining ethical. The most important why the researcher of this topic written this is with the help...
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...Ethics during Change Ethics, according to dictionary.com is a system of moral principles (the ethics of a culture), the rules of conduct recognized in respect to human actions of a particular group or culture (medical ethics, law enforcement ethics), or the moral principles of an individual. Further definition says that ethics is a branch of philosophy that deals with the values related to human conduct in respect to the rights and wrongs of certain behavior (Dictionary.com, 2014). Ethics in the workplace is something that is a system of moral principles, or how a workplace culture views what is acceptable and what is not. In this article, we will discuss ethics and their effects during a change implementation, most importantly, how they change with the ever-changing business environment. Despite the hundreds of pages in an organizations code of conduct manuals, ethics, and the ethical culture is something that is often over looked during a change implementation. With everything that is changing in the business environment, often ethics and morals is the last thing management and upper echelon management tends to overlook. When the business changes, everything changes, including the culture of the environment. In the event of an environmental culture change, workplace ethics will have to change along with it. Ethics and Change During the initial stages of change, there is always resistance to change. One perceived reason of resistance to change is the perceived clash with...
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...1 2.0 What are Ethics? Generally, why do people act unethically? 2 3.0 Justify why is there a special need for ethical conduct in professions including those in the accounting and auditing related field? 6 4.0 Discuss how the Barings collapse serves as an example of failed internal controls and governance within organization. 13 5.0 Conclusion 20 1.0 Case Summary Nick Leeson, an employee of Barings Bank who after a successful spell working for the firm's office in Indonesia is sent to Singapore as General Manager of the Trading Floor on the SIMEX exchange. Leeson's rise as he soon becomes one of Barings' key traders. However, everything isn't as it appears — through the 88888 error account, Nick is hiding huge losses as he gambles away Baring's money with little more than the bat of an eyelid from the powers-that-be back in London. Eventually the losses mount up to well over £800 million and Nick, along with his wife Lisa, decide to leave Singapore and escape to Malaysia. Nick doesn't realise the severity of his losses until he reads in the newspaper that Barings has gone bankrupt. They then decide to return to London but Nick is arrested en route in Frankfurt. Nick is extradited to Singapore where he is sentenced to six and a half years in jail and is diagnosed with colon cancer. 2.0 What are Ethics? Generally, why do people act unethically? At its simplest, ethics is a system of moral principles. They affect how people make decisions and lead their lives...
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...| Business Leadership and Human Values Seminar2 CreditsBU 131.601.F5Summer Session 2016Wednesdays 1:30-4:30pm -- June 8 – July 27 Harbor East Room 230 | Instructor Rick Milter, Ph.D. Contact Information Phone Number: 410.234.9422 milter@jhu.edu Office Hours Typically before class session or by appointment. Required Learning Materials This course is a series of thematic conversations about human values and your responsibilities as an emerging/aspiring business leader. There is no traditional textbook, but there is much reading. You are required to read The Moral Compass: Leadership for a Free World, a workbook by Lindsay Thompson available online as a PDF in Course Documents. You will find details about required learning materials in the Bibliography and Theme Briefs sections of the Syllabus. Course Description and Overview This course explores ethical leadership as a framework for enterprise value creation in a complex environment of competing economic and moral claims. Students examine the intrinsic ethical challenges of leadership and the concept of a moral compass as a foundation for responding effectively to the ethical challenges of corporate citizenship and value creation in a competitive global economy. (2 credits) Syllabus Table of Contents Page Topic 2 Bibliography & Learning Resources 6 Calendar, Seminar Structure, Theme Briefs, Content 42 Seminar Preparation Toolkit 48 Learning Objectives, Graded Assignments...
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...accident including a variety of issues ranging from environmental to economic, politics and even ethical issues. The goal of our research is to find any ethical issues since this disaster happened is closely related to ethics which is concerned with moral obligation, social responsibility and justice (Carolyn Wiley, 1997) either individual (‘bad apples’) or organizational (‘bad barrels), which should be evaluated to verify this case. Firstly, the ethical issues can largely be divided into three categories, namely (1) technical design which has had some testing flaws before the actual usage and insufficient guidelines against the negative pressure test, (2) human factors including misjudgment, errors and a failure in duty, (3) organizational system such as taking risk procedures to save time and money and refusing the advice of staff and contractors as well as slowness to react in the accident. Thus, the ethical issues in BP oil spill case relevant to the individuals or the organization will be classified in each factor mentioned above by distributing whether it belongs to the individual level or the organizational level based on our judgments along with ethical theory to support our conclusion. 2. The importance of ethics in business world It is easy...
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...dumping raise any moral issues? What are they? What would an ethical relativist say about dumping? At times a company is unable to sell their products because it may cause harm to people or the environment. When a product has been determined by the government to be unsafe and illegal to sell, the manufacturer needs to find a way to dispose of it. This is when dumping occurs. Dumping is the exporting of goods at prices lower than the home market prices. It occurs when manufacturers export a product to another country at a price either below the price charged in its home market or below its cost of production. These overseas countries generally do not have qualified health safety standards. Since dumping involves substantial export volumes of a product, it financially affects the manufacturers of the importing country. This is the case with the Tris-impregnated pajamas. The U.S. Consumer Product Safety Commission found that the pajamas contained a flame-retardant chemical Tris, which had been found to cause kidney cancer in children. Because of its toxicity, the sleepwear couldn’t even be thrown away, let alone sold (Barry, Shaw 29). But the pajamas were exported to other countries at 10 to 30 percent of the normal wholesale price. This however is not the only case of dumping. There were also 450,000 baby pacifiers that were exported for sale overseas because they were found to cause deaths in choking babies in the United States. Dumping definitely raises moral issues. Under...
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