...Business ethics involved in Indian mining The following paper looks at the major problems in Indian Mining industry, the key players involved in the entire system and tries to offer suggestions to improve the efficiency of the process for the better functioning of economy PREFACE Especially when one is dealing with natural resources and public wealth, earning profits shouldn‟t be our goal, earning profits in a right way i.e environmental and society friendly way should be our goal. Any work that causes benefit to few but harm to large number shouldn‟t be done. Ethics is not simply the absence of a negative; it is not a list of „rules‟ we should follow and „regulations‟ we should not break. Rather, it is a vibrant code that expresses our values. When we live an ethical life or run an ethical business, it means our decisions, policies and behaviour are all congruent with our values. These values lay the vision for the world. 1|P ag e INTRODUCTION In a resource rich country like India, mining is one of the key industries in the Indian economy without which Indian economic growth would not have been the way it is. Having said that mining in India has been a contentious issue and has been plagued by a dangerous mix of bad policies, weak institutions, corrupt government oversight and thus regulation of India‟s mining industry is largely ineffectual. The result is chaos. The level of lawlessness that is prevailing in India‟s mining industry is hard to overstate. Illegal...
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...Andrei Panait 9758402 PHIL235 November 20, 2012 Biomedical Ethics Term Paper: Socialized Health Care While many countries today have some sort of public health program, their effectiveness is not conclusive and there is undoubtedly a great deal of controversy regarding all aspects of socialized modern health care. In North America but more so in the United States, there is a deep-rooted stigma associated with all things that relate to socialism, most likely due to history and the negative reputations of most countries with this sort of economic system. Capitalism does seem to fit the American way of life and even some aspects of human nature as we are generally competitive and compelled to have freedom of choice. However there is another aspect to human nature that drives us towards more collectivist ideals and it is found in our compassion, caring for others, unity and social solidarity. When exploring these issues the most important problems seem to occur at the extremities of the spectrum and in similar ways. Capitalism has allowed people to gain absurd amounts of wealth, often through corruption and deceit, and that wealth gives them unimaginable power while socialism tends to be corrupt and oppressive. This leads us to the obvious deduction that no system is perfect, whether it is a public or private health care system, a capitalist market or a democratic government, some might seem foolproof in theory but all have their flaws in practice, probably due to...
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...University of Phoenix Material Key Terms Ethical Terms Character: Moral actions based on duty-driven ethical principles. These include trustworthiness, respect, responsibility, fairness, caring, and citizenship (Josephson Institute, 2009). Ethical System: Underlying ethical principles, which a person uses to make decisions Ethics: “The principles, norms, and standards of conduct governing an individual or organization” (Treviño & Nelson, 2011, p. 17); ethics form the basis for determining the correct action, or moral behavior, in a particular situation. Morals: Actions based on one’s underlying ethical principles Values: Those things or actions upon which the individual or organization spends time and money Ethical Systems Duty-based: A moral obligation or commitment to act in a certain manner, with clear right and wrong being determined by an outside authority Entitlement-based: Moral decisions are based entirely on what is in the best interest of the individual, regardless of relationships, the needs of others, or business. Goal-based: Focuses on the outcome or final purpose, which may be localized, as in business, or universal, as in feeding all the hungry children in the world Humanistic (secular humanism or human nature ethics): Beliefs based on the extremes of human behavior, both good and bad, without the direction of an outside authority Relativistic: Relativism often uses the personalized approach to ethics. It is subjective and focuses on...
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...Personal Ethics Development Paper * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- Displaying messages 1 - 2 of 2 Participants: rose.angel13 and Smart-Guru rose.angel13 2015-02-28 23:32 Write a 1,050- to 1,200-word paper on personal ethics development that examines your personal ethical system and ground rules. * Incorporate the terms found in the University of Phoenix Material: Key Terms. * Focus on the developmental aspect of your ethics rather than on a particular position on any issue. * Define your underlying ethical system, its primary principles, the sources that helped shape your ethics—such as people, institutions, events, and so forth—and the criteria and decision-making factors you have used to revise them. * Discuss the potential effect of your ethics on your performance or use of them in your workplace. Use a specific personal example. * Explain why ethics are needed in an organization and how ethics are integrated into an organization to achieve its direction and goals. What effect does the application of these ethics have on individuals, organizations, and society? Format your paper consistent with APA guidelines. KEY TERMS Key Terms Ethical Terms Character: Moral actions based on duty-driven...
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...Social Responsibility and Business Ethics serve a role in Corporations? NorthCentral University Abstract When you turn on the television, surf the internet or browse the Wall Street Journal the terms – business ethics and social responsibility are discussed. Recently, the Gulf coast oil spill has questioned the social responsibility of British Petroleum. However, can the terms business ethics and social responsibility apply to corporations? A review of two articles - “What is business ethics?” by P. Drucker and “The social responsibility of business to increase its profits written” by M. Friedman evaluates the two ethical terms. These articles suggest both business ethics and social responsibility should not apply to corporations. The focus of this paper will compare and contrast two approaches to business ethics. The conflicting objectives between the two parties will be analyzed. Lastly, my view and definition of business ethics and social responsibility will be conversed. Research for this paper consists primarily of peer reviewed articles and published articles. Should Social Responsibility and Business Ethics serve a role in Corporations? During the twenty- first century, businesses are confronted with many different responsibilities. Each responsibility must be address while ensuring obligations to stakeholders, special interest groups, employees and the environment. Businesses are expected to have very strong ethics, but often this is not the case. ...
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...OC College of Business Administration MGMT 5603.93: Ethics, Decision Making, and Communications Fall 2015, Term 2 Online _______________________________________________________________________________________ Professor: Dr. Phil Lewis, Professor of Management Phone (Work): (405) 425-5561 or 425-5560; (Home): (405) 475-7070 Email: phil.lewis@oc.edu Virtual Office Hours: Email responses normally within 24 hours. Mission of Oklahoma Christian University Oklahoma Christian University is a higher learning community that transforms lives for Christian faith, scholarship, and service. MISSION OF THE OC SCHOOL OF BUSINESS ADMINISTRATION Within a framework of excellence in contemporary business education, the School of Business Administration will build a community of lifelong relationships upon a foundation of enduring Christian values. CONTRIBUTION OF COURSE TO CHRISTIAN SERVICE AND LEADERSHIP For I have walked in my integrity … I will walk in my integrity … Joyful are people of integrity, who follow the instructions of the Lord. Psalm 26:1, 26:11, 119:1 (NKJV). THE OC COVENANT The Covenant for Oklahoma Christian University is posted under Course Information. REQUIRED TEXT Phillip V. Lewis, Ethics in the World of Business, Kendall-Hunt Publishing Co., 2014 (ISBN: 978-1-4652-3979-2). COURSE DESCRIPTION This course examines the basic ethical issues involved in the conduct of business from a biblical perspective. Critical thinking of organizations as...
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...Unit 2 Term Paper Gary M. Kidd Kaplan University Author Note Pro. Young-White, I’m sorry the term paper is a day late, but I spent most of 3 September at a scheduled medical procedure to refill the pain pump implanted in my spine with Dilaudid. It kept me knocked-out most of the day. Please remember that I’m given extra time on assignments via the Kaplan University office of student disabilities. Abstract This term paper for unit two review three articles, Ethics Consultation in United States Hospitals This term paper also defines 8 financial terms. Keywords: Balance sheet, Shareholder Equity, EBITDA, EBITDAM, Financial Ethics, Financial Benchmarking, Financial Trend Analysis, and Ratio Analysis. Unit 2 Term Paper Business ethics is the appropriate business guidelines and customs regarding debatable issues, like the way a CEO runs his company, illegal stock trading, corruption, business social and monetary obligations. The government’s authorities frequently enforce business ethics, still there are times when businesses alone will use a straightforward structure that organizations can abide by so that they simply may benefit the public interest (investopedia.com, 2013). Article Review The first article chosen for this assignment, is Betsy Gallup’s article Ethics Are an Important Part of Running a Health-Care Facility, and she explains ethics as having three components: independence, integrity and objectivity (2009)...
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...Ethics in Accounting By Pace University – New York Accounting for Decision Making, MBA 640 Fall 2011 Required Research Paper Page 1 of 11 Table of Contents Number Content Page Number 1 Introduction 3 2 Ethics in Accounting 4 3 Enron Scandal 6 4 Satyam Scandal 8 5 Conclusion 10 6 References 11 Page 2 of 11 Introduction • What is “Ethics”? Ethics, also known as moral philosophy, is a branch of philosophy that addresses questions about morality—that is, concepts such as good and evil, right and wrong, virtue and vice, justice and crime, etc. Source: http://en.wikipedia.org/wiki/Ethics • What is “Accounting”? Accounting is basically maintaining and providing records of transfer of funds for an individual or business. All the data collected from these records are then summarized in form of reports and statements, which are used by outside parties and the company itself for various uses and analysis. Source: http://www.investopedia.com/terms/a/accounting.asp#axzz1fbCBL2q0 Page 3 of 11 Ethics in Accounting With many scandals and scams coming out regarding the unethical behavior of firms in terms of Business and accounting, higher authorities in governments across the globe are worried. These scams are disturbing and damaging the economy at large. When the economy is already sliding down, governments have started taking extra care and strict rules are being applied to control the damage...
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...qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwer...
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...Evolution of Business Ethics Introduction In any business, decisions must be made to ensure that a business entity or firm is conformity with its vision as well as mission. Most of decisions made by businesses are tailored toward wealth maximization of the firm which ensures that there is continuity production and operation of the entity. It is clear that most if not all businesses want to make profits, however, it is undeniable too that businesses must also be socially responsible to their environment which in this case involves consumers, sellers, lenders, the government and the entire community at large (Ferrell, Fraedrich & Ferrell, 2011). For a business to be able to accept its social responsibility, then the application of business ethics must be applied. Business ethics is considered to be the accepted norms or set standards that determine what is right and wrong in the context of a business organization. Therefore, this paper will summarize the development of business ethics over the past thousand years and describe the major changes that led to the focus of business ethics. In addition, the paper will illustrate how these changes impact business practices and compare them with my personal values that have evolved over time. Development of Business Ethics over the decades The origin of business ethics can be traced back during the time of business development, this goes back before 18th century, like any other personal values and norms, ethics in business has been...
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...TERM PAPER Deteriorating Ethics and Values in Organizations: In the face of Indian Reality - VATSAL DUSAD 2010TT10971 ”Integrity has no need of rules.” --Albert Camus Ethics and Values in the context of organizational culture have been a topic of intense research and arguments over a long period of time, and it has also been recognized as a very important aspect of organizational behavior. In this paper, I would be discussing the deteriorating ethics and values in organizations. I would begin with elaborating what ethical culture means, then taking it over to highlighting its need, pondering over the reasons -‐ so as to why unethical culture prevails and then study about ethical leadership. I would like to conclude by, bringing it to Indian context and laying down a discussion -‐ on how prominent and prevalent is this issue in our own land. There has been a sudden rash of corporate scandals and the...
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...Assignment Personal Ethics Development Paper (UOP Course) PHL 323 Week 1 DQ 1 (UOP Course) PHL 323 Week 1 DQ 2 (UOP Course) PHL 323 Week 1 DQ 3 (UOP Course) PHL 323 Week 1 Summary (UOP Course) PHL 323 Week 1 DQ 4 (UOP Course) PHL 323 Week 2 Individual Assignment Ethical Systems Table (UOP Course) PHL 323 Week 2 DQ1 (UOP Course) PHL 323 Week 2 DQ 2 (UOP Course) PHL 323 Week 2 DQ 3 (UOP Course) PHL 323 Week 2 Summary (UOP Course) PHL 323 Week 3 Learning Team Assignment Current Ethical Issue in Business Paper (UOP Course) PHL 323 Week 3 DQ 1 (UOP Course) PHL 323 Week 3 DQ 2 (UOP Course) PHL 323 Week 3 DQ 3 (UOP Course) PHL 323 Week 3 Summary (UOP Course) PHL 323 Week 4 Individual Assignment Evaluation of a Business Code of Ethics (UOP Course) PHL 323 Week 4 DQ 1 (UOP Course) PHL 323 Week 4 DQ 2 (UOP Course) PHL 323 Week 4 DQ 3 (UOP Course) PHL 323 Week 4 Summary (UOP Course) ------------------------------------------------------- PHL 323 Week 1 Individual Assignment Personal Ethics Development Paper (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 4 Times, Rating: A+ Write a 1,050- to 1,200-word paper on personal ethicsdevelopment that examines your personal ethicalsystem and ground rules, including its origins anddevelopment. Incorporate the terms found in the University of Phoenix Material: Key Terms located on the student Web site.Focus on the developmental aspect of your ethics rather than on...
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...Ethical Self Assessment Abstract * As Health care executives in this globally diverse world where cultural beliefs blends with societal ethics can one truly define ethics? What might be right to one person may not be right to another person. Ethics is one of the most important topics that should be addressed not just in this industry but in every aspects of the business world. But a major challenge with ethics is that it is a very relative term. After completing the American College of Healthcare Executives Ethical Self Assessment, the author found answers to questions included in this paper. Such this paper will address what I learn about my own ethical decision making from the self-assessments. The effect of professional ACHE standards to my ethical decision making will be discussed in this paper. How my individual ethics influence my decision making will be enumerated in this paper. Finally the strategies that I can adopt to improve my ethical decision making in the future will be enumerated in this paper. Ethical Self Assessment Paper As Hermans and Oles (1994) states, “The human person not only lives in a world of values but also is able to create values on a personal perspective” (p. 569). Value to me simply describes an individual or cultural belief system an individual may have. Values are viewed as objects or ideals important to an individual, called personal, or group of individuals, culture, or family. A personal value thus refers to an individual’s belief...
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...In the paper titled “Lifeboat Earth” the author, Onara O’Neill, a celebrated and world-renowned philosopher, takes a deontological approach towards the issue of global poverty and the moral responsibility of eradicating (deaths ensuing from) world hunger through famine relief aid extended by the First-World countries. An ardent supporter of Kantian ethics, as evidenced by the content of her papers and emphasis on duty as shall be discussed; O’Neill emphasizes and seeks answers as to the moral responsibility of those in well-to-do situations, to lessen the hardships faced by those that are worse off. In that, through means of drawing a parallel, in terms of a metaphor; she likens the earth to a lifeboat with limited resources, adrift at sea....
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...Professional Values and Ethics Paper Professional Values and Ethics Paper J.J. Jones GEN/200 26 May 2009 Professional Values and Ethics Paper What does the lensatic compass and professional values and ethics have in common? The lensatic compass allows the infantryman to set a direct azimuth or path to an objective. With the azimuth set, the infantryman can readily recognize rough terrain, valleys and hills that he must negotiate to successfully reach the objective. Likewise, professional values and ethics provide both the employer and the employee a clear path to success – a compass. By adhering to Professional Values and Ethics will enable employees, employers and other professionals to avoid the many potential minefields that inundate the landscape of the business and professional worlds. To really appreciate Professional Values and Ethics, we have to look closely at the terms values and ethics. Values are principles we use to judge between what is right and wrong, good and bad, and normal and abnormal. Values are primarily developed through our personal experiences, religious background, and social environment. Ethics is defined as a theory or a system of moral values; the rules or standards governing the conduct of a person or the members of a profession.(dictionary.com) . The tasks of professional ethics are to identify moral standards and assessments, judgments and concepts, charactering people as representatives of a particular profession. Professional ethics develops norms...
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