...in Business (Marketing) Unit 37 Understanding Business Ethics Assignment brief 1: Ethical issues Assessor Mr. Zachaues Omwenga Date issued: 06/05/2015 Date of Submission: 29/05/2015 This assignment brief assesses |P1 explain the ethical issues a business needs to consider in its operational activities | |P2 explain the implications for the business and stakeholders of a business operating ethically | |P3 describe the social implications of business ethics facing a selected business in its different areas of activity | |M1 assess how a selected business could improve the ethics of their operations | |D1 evaluate the impact of a selected business’s ethical behavior on stakeholders and the business. | Scenario Businesses are limited in what they do. Sometimes by laws and sometimes by the conventions and social codes we live by. Gathered together these are what we refer to as ethics and they can apply to every aspect of business behaviour. Whereas it could be argued that most laws have their origins in ethics, ethical behaviour, by individuals and business go beyond legal requirement and are discretionary, that is to say we can choose to follow them or not. You have been asked to research and draw up a report explaining business ethics...
Words: 1009 - Pages: 5
... |BTEC Level 3 Extended Diploma Business | |Units Covered: |Understanding Business Ethics |Unit Numbers: |37 | |Assignment Issue Date: |w/c 11/05/15 |Assignment Due Date: |w/c 01/06/15 | |Duration (approximately) | | |I certify that the work submitted for this assignment is my own. I have clearly referenced any sources used in the work. I understand that | |false declaration is a form of malpractice. | |Learner’s signature: | |Date: | / / | Assessor’s signature in this grid indicate which criteria have been awarded |Unit No. |Criterion |Assessor Signature |Criterion |Assessor Signature |Criterion |Assessor Signature | | |PASS | |MERIT | |DISTINCTION | | | |P2 | |M2 | | ...
Words: 1222 - Pages: 5
...Diploma in Business ( Marketing) Unit 37 Understanding Business Ethics Assignment brief 1: Ethical issues Assessor Mr. Zachaues Omwenga Date issued: 06/05/2015 Date of Submission: 29/05/2015 This assignment brief assesses |P1 explain the ethical issues a business needs to consider in its operational activities | |P2 explain the implications for the business and stakeholders of a business operating ethically | |P3 describe the social implications of business ethics facing a selected business in its different areas of activity | |M1 assess how a selected business could improve the ethics of their operations | |D1 evaluate the impact of a selected business’s ethical behaviour on stakeholders and the business. | Scenario Businesses are limited in what they do. Sometimes by laws and sometimes by the conventions and social codes we live by. Gathered together these are what we refer to as ethics and they can apply to every aspect of business behaviour. Whereas it could be argued that most laws have their origins in ethics, ethical behaviour, by individuals and business go beyond legal requirement and are discretionary, that is to say we can choose to follow them or not. You have been asked to research and draw up a report explaining business ethics for a selected...
Words: 1010 - Pages: 5
...BTEC Business Level 3, Unit 37: Understanding Business Ethics Businesses are limited in what they do. Sometimes by laws and sometimes by the conventions and social codes we live by. Gathered together these are what we refer to as ethics and they can apply to every aspect of business behaviour. Whereas it could be argued that most laws have there origins in ethics, ethical behaviour, by individuals and business go beyond legal requirement and are discretionary, that is to say we can choose to follow them or not. Businesses have not always behaved ethically and many still do not. This unit examines what pressures there are on businesses to behave in an ethical manner. Learning outcomes On completion of this unit you should: 1 Understand the meaning and importance of ethics in the business world 2 Understand the implications of businesses operating ethically 3 Know the social implications of business ethics 4 Understand ethical concerns facing different communities. Context: You have been asked to research and draw up a report explaining business ethics for an organisation that is about to be floated on the stock exchange. The report will demonstrate an understanding of ethical business behaviour; the implications of it and why it is increasingly seen as such a serious issue for more and more businesses. P1 explain the ethical issues a business needs to consider in its operational activities. • Begin by explaining your own understanding of the term...
Words: 855 - Pages: 4
...BTEC Business Level 3, Unit 37: Understanding Business Ethics Businesses are limited in what they do. Sometimes by laws and sometimes by the conventions and social codes we live by. Gathered together these are what we refer to as ethics and they can apply to every aspect of business behaviour. Whereas it could be argued that most laws have there origins in ethics, ethical behaviour, by individuals and business go beyond legal requirement and are discretionary, that is to say we can choose to follow them or not. Businesses have not always behaved ethically and many still do not. This unit examines what pressures there are on businesses to behave in an ethical manner. Learning outcomes On completion of this unit you should: 1 Understand the meaning and importance of ethics in the business world 2 Understand the implications of businesses operating ethically 3 Know the social implications of business ethics 4 Understand ethical concerns facing different communities. Context: You have been asked to research and draw up a report explaining business ethics for an organisation that is about to be floated on the stock exchange. The report will demonstrate an understanding of ethical business behaviour; the implications of it and why it is increasingly seen as such a serious issue for more and more businesses. P1 explain the ethical issues a business needs to consider in its operational activities. • Begin by explaining your own understanding of the term...
Words: 855 - Pages: 4
...Unit 4 – Business Communication Task 3 Learning Objectives: P5 explain the legal and ethical issues in relation to the use of business information M2 analyse the legal and ethical issues in relation to the use of business information, using appropriate examples You are writing sections for a staff handbook. Legal issues P5Research into these acts and in one paragraph explain them in your own words:Data Protection Act 1998 http://www.bbc.co.uk/schools/gcsebitesize/ict/legal/0dataprotectionactrev5.shtmlThe Computer Misuse Act 1990 http://www.bbc.co.uk/schools/gcsebitesize/ict/legal/1dataandcomputermisuserev1.shtml Freedom of Information Act 2000 | M2Give examples of how these acts can and have been used. You may find an appropriate news story.See the current stories sheet on share point | Ethical issues http://www.tutor2u.net/business/strategy/business-ethics-introduction.html Define business ethics | Write an example of ethical business behaviour | Write an example of unethical business behaviour | In October 2010, Wikileaks released 400 000 secret US documents through their Website, including secret US Military Logs about Afghanistan. Wikileaks obtained this information under the Freedom of Information Act. Was it ethical to release these documents?OR You may use any of the other articles listed.You must show analysis when explaining your decisions. | In November 2008, an East London Council paid £13000 to Barbara Windsor to appear at a Staff...
Words: 351 - Pages: 2
...[pic] TASK 1 INDIVIDUAL POWERPOINT PRESENTATION Employed as a Junior Business Analyst in the Corporate Social Responsibility (CSR) division of the Romford Business Gazette, you have been assigned the task of researching Innocent Drinks in order to gain a better understanding of the company and its business operations, in particular: i) Innocent Drinks mission statement ii) Business aims and objectives (or values and goals) iii) Innocent Drinks ethical awareness and the impact of its business operations on its stakeholders Once you are satisfied with your research findings, you are required to deliver a formal business presentation of no longer than 10 minutes, clearly outlining the following: a) Explain the ethical issues Innocent Drinks needs to consider in its operational activities (P1) b) Explain the implications for Innocent Drinks and its stakeholders operating ethically[i] (P2) c) Assess how Innocent Drinks could improve its operational activities to be more ethical.[ii] (M1) TASK 2 WRITE A FORMAL BUSINESS REPORT You are required to produce a formal written business response in which you clearly and concisely document the following: a) Describe and assess the social implications of Innocent Drinks operating ethical in its different areas of activity (P3, M2) b) Evaluate the impact of Innocent Drinks ethical behaviour on internal and external stakeholders (D1) [pic] ...
Words: 489 - Pages: 2
...the instructions provided in your Course Outline. A. STUDENT/S TO COMPLETE Course Name : HND in Business Student Number: Student Full Name: Lecturer Name: Edexcel Registration No Assignment No.: QCF/M/601/1024 Assignment Name: Unit 45- Business Ethics Date Due: Date Submitted: Declaration I declare that this assessment item is my own work, except where acknowledged, and has not been submitted for academic credit elsewhere, and acknowledge that the assessor of this item may, for the purpose of assessing this item: • Reproduce this assessment item and provide a copy to another member of the University and/or; • Communicate a copy of this assessment item to a plagiarism checking service (which may then retain a copy of the assessment item on its database for the purpose of future plagiarism checking). I certify that I have read and understood the Institute Rules in respect of Student Academic Misconduct. Date Student Signature B. MARKER TO COMPLETE Comment : Grade Date Marker’s Signature Assignment Title & Number: Number – QCF/M/601/1024 Learning Outcomes Covered: Outcome1 Understand different ethical perspectives in business Outcome2 Understand business objectives from an ethical perspective Outcome3 Understand ethics in workplace relationships Outcome4 Be able to assess a current ethical issue in a business. Assessment Criteria Covered: 1.1, 1.2, 1.3 2.1, 2.2, 2.3 3.1 4.1, 4.2 Issue Date: Submission...
Words: 1310 - Pages: 6
...Business Benefits to Hewlett-Packard Suppliers from Socially and Environmentally Responsible (SER) Practices in China A Case Study November 2008 By: Sonali Rammohan Socially and Environmentally Responsible Supply Chains Program Global Supply Chain Management Forum Stanford Graduate School of Business Business Benefits to Hewlett-Packard Suppliers from Socially and Environmentally Responsible (SER) Practices in China Executive Summary In recent years, the electronics industry has made important improvements in social and environmental responsibility (SER) conformance among first-tier suppliers, due in part to the standardization of SER practices set forth in the Electronics Industry Code of Conduct (EICC). Hewlett-Packard (HP), the first company in the industry to implement a Supplier Code of Conduct, has taken a comprehensive approach Delta Electronics Delta Electronics by educating suppliers on how to achieve compliance, conducting individual audits and third-party joint audits, and emphasizing continuous improvement. This approach is being disseminated now to sub-tier suppliers, which should improve standards throughout HP’s supply chain. What should motivate suppliers to achieve full SER compliance? Are there business benefits to meeting and exceeding minimum standards? This paper explores the business case for SER by looking at the operations of three HP suppliers with significant operations in China — Flextronics, AU Optronics (AUO), and Delta...
Words: 7770 - Pages: 32
...0005-BTEC: Assignment Brief MAPS Associate’s Degree in BM/HRM / Accounting / Marketing Management) BTEC HND in Business (Management / HR / Accounting / Marketing) Assignment Brief Unit Number and Title Unit 26 – Business Ethics Qualification MAPS Associate’s Degree in BM/HRM/Accounting/Marketing Management BTEC HND in Business (Management/HR/Accounting/Marketing) Date Issued November 2, 2015 Assessor Ms. Aminath Aroosha Assignment title Date Due Report: November 30, 2015 Class Activity: November 9th &10th, 2015 ETHICAL ISSUES ( NAME OF THE COMPANY) IS FACING AND THE IMPORTANCE OF ADDRESSING THOSE ISSUES FOR THE SUCCESS OF BUSINESS The purpose of this assignment is to check student: 1 Understanding of different ethical perspectives in business 2 Understanding of business objectives from an ethical perspective 3 Understand of ethics in workplace relationships 4 Ability to assess a current ethical issue in a business. Instructions to Learners: 1. Please read the assignment brief carefully and follow the evidence criteria. 2. An electronic copy of your assessment must be fully uploaded by the deadline date and time. You may submit one single PDF or MS Office Word document or Google document. 3. The electronic copy should be named as “YourFullName_Unit26” 4. Hard copy of the assignment must be submitted latest by 2 pm, 01 December 2015. Assignment will only be accepted for marking if the hard copy and the electronic copy...
Words: 1652 - Pages: 7
...Assessment activity 37.1 P1, P2, P3, M1, M2 and D1 P1 -In this assignment I will be explaining how Next deal with the ethical issues of the 21st century and how they run their factories in foreign countries. Firstly I will be explaining what Next’s ethical viewpoint is, as a company Next work hard to pursue a code of ethical standards throughout their global supply chain, seeking to ensure the integrity of any product carrying the Next trademark and the health and safety of all workers involved. Next identifies and engages with suppliers whose practices are consistent with Next’s own code of ethical standards. Through Next’s international team they work closely with Next’s suppliers to help achieve ethically correct working standards. There are 10 key principles to Next’s code: * No child labour * No forced labour * Freedom of association * Healthy and safe working conditions * Reasonable wages and benefits * Equal opportunities * Employment security * Respectful treatment of employees * Effective management system Secondly I will be explaining the aims and objectives of the business- The primary objective of Next is to deliver long term returns to shareholders through a combination of a steady growth in earnings per share and payment of cash and cards in store or online. Next believes this objective is best achieved by continuing of the following strategies: Improving and developing Next product ranges, success in which is measured...
Words: 1338 - Pages: 6
...Contemporary Business Abstract This paper will analyze the business Five Guys Burgers and Fries to determine what has made this business and franchises successful. Five Guys operates in the food service industry and is among the top profitable franchises that offers a simple menu of burgers and fries as its main product. Five Guys’ is a family owned business that started in Arlington, VA that over time became one of the most popular places for fast food that did not require any marketing strategy to be a well-known place to eat. Five Guys’ prides itself of being such a simple company offering the best burgers and fries for a low-cost. Also, the business maintains a sense of integrity and ethics that continues to drive the business profits and keeps customers coming back for more of the burgers and fries. History There are plenty of restaurants available for quick choices of food and also price; one company has improved over time with being number one for a simple hamburger and fries combo. This company, Five Guys Burgers and Fries, are well known in the United States as a fast growing company that started from humble beginnings. The Murrell family, which consists of Janie and Jerry and their five (5) sons, help run the business from the beginning in Arlington, VA. Jerry Murrell originally started the first shop based on keeping his family together and offered his sons the choice of going to college or starting a family business. “Five Guys has...
Words: 1895 - Pages: 8
...Primark and Ethical Business Introduction Primark the leading clothing retailer Rapid changes in media, transport and communications technology have made the world economy more interconnected now than in any previous period of history. Nowhere is this more evident than in the world of textile manufacture and clothing distribution. Consumers want fashionable clothes at affordable prices. Much of high street fashion is produced in various countries across the world. Businesses source clothes from countries like India, China, Bangladesh and Turkey because of lower material and labour costs in these countries. In order to meet consumer demand, Primark works with manufacturers around the world. Primark is part of Associated British Foods (ABF), a diversified international food, ingredients and retail group. Primark has almost 200 stores across Ireland, the UK, Spain, Netherlands, Germany, Belgium and Portugal. Primark’s annual turnover accounts for a significant proportion of ABF”s revenues and profit. Primark’s target customer is fashion-conscious and wants value for money. Primark can offer value for money by: • Sourcing products efficiently • Making clothes with simpler designs • Using local fabrics and trims • Focusing on the most popular sizes • Buying in volume • Not spending heavily on advertising. The largest Primark store is located on Market Street, Manchester, England. Some 100,000 sq ft (9,300 m2) of retail space is spread across its three floors. It took...
Words: 3874 - Pages: 16
...institutioner vid Stockholms universitet som bedriver miljörelaterad forskning. CTM utvecklar tvärvetenskapliga utbildningar, samordnar större forskningsprojekt och informerar omvärlden om universitetets miljöforskning. Centrum för tvärvetenskaplig miljöforskning hette tidigare Centrum för naturresurs- och miljöforskning, CNM, och har funnits vid Stockholms universitet sedan 1990. Hemsida: www.ctm.su.se STOCKHOLM UNIVERSITY Centre for Transdisciplinary Environmental Research Sustainable Enterprising Master’s Thesis (20p) CORPORATE SOCIAL RESPONSIBILITY IN THE HOTEL INDUSTRY: A CROSS CULTURAL PERSPECTIVE TERESA NORD Academic Advisor: Hans Rämö Stockholm University School of Business Master’s Thesis (20p), Fall 2006, Stockholm University ABSTRACT Attention to business ethics in varying environmental, economic and cultural contexts has become increasingly important as enterprises expand globally. This thesis attempts to determine the impact of culture and local context on CSR performance by evaluating and comparing CSR performance across hotel groups in culturally and geographically diverse regions. Data on indicators for waste production, water consumption, energy use, equal employment opportunity, employee training and employee organization were collected...
Words: 19753 - Pages: 80
...Enriching Life Through Communication Huawei Investment & Holding Co., Ltd. Corporate Sustainability Report 2011 Report Profile Reporting Period: January 1 to December 31, 2011 Date of Most Recent Previous Report: June 2011 Reporting Cycle: Annual Defining Report Content Global Reporting Initiative (GRI) principles such as materiality, stakeholder inclusiveness, sustainability context, and completeness, were used in this report to analyze key sustainability-related issues in business operations and identify major stakeholders. Huawei Investment & Holding Co., Ltd. (hereinafter referred to as “the company” or “Huawei”) hired a third-party organization to survey stakeholders and collect information on stakeholder expectations and requirements. Huawei’s CSR Committee studied, assessed, and selected the key items and indicators disclosed in this report. The performance indicators and management approaches discussed in this report cover all entities that Huawei either has control of or a significant influence over in terms of financial and operational policies and measures. These same performance indicators and management approaches are also consistent with the scope of Huawei’s annual financial report. Report Assurance Method Core indicators and additional indicators from the GRI G3.0 Guidelines were applied to compile the report and the application level is B+. To ensure the reliability, fairness, and transparency of this report, Huawei engaged TÜV Rheinland to verify...
Words: 29212 - Pages: 117