self-sustaining—and ultimately profitable. The heart of our site is the "Research" tab, where we review the existing research and distill best practices based on insights from the behavioral and management sciences. Find a summary of our research below. Accounting: Accounting is the language of business. Like spoken language, people sometimes use it to try to hide the truth. One common problem is “measure management,” in which people focus on improving measures of their performance, rather than improving their
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Employment at Will Doctrine Kristen Harrison Leg 500 February 4, 2014 Elaine B. Wilson EMPLOYMENT AT WILL DOCTRINE The Employment at Will Doctrine The employment at will doctrine was developed in the late nineteenth century, as a default employment contract which was assumed to give employers and employees equal ground to develop wages, benefits, and employment agreements. The employment at will doctrine continues to prevail
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A study by an American accounting firm revealed that large American corporations each lost on average $1.3 million from fraud in 2012. Similar studies in the Canada have revealed that white-collar crime may cost the private sector as much as $100 billion (US) each year. These developments have stimulated a growing realization that ethics and business are closely connected to each other. This has led to developing better and more robust understanding of the role of ethics in leadership and corporate
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How can we define ethics? What does ethics mean to you? Many years ago, a psychologist posed this question to a group of business people. To his surprise many of them had a wrong idea or were not sure of their own answers. Nowadays we are faced with a society that hardly knows or understands what this word means. Some people think that ethics has to do with what their feelings tell them is right or wrong, others take ethics as being a religious idea and belief, or something that the law requires
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Business Ethics Reflection Being human, we face ethical dilemmas every day in some way or another. When you look up the meaning of Morals, values, and principles you will find these terms intertwined with each other. Morals, values, and principles are motivation based on thoughts of what is right and wrong. These are a series of beliefs that lead a person to make decisions based on their personal ethics. As for virtue it is defined as the quality or practice of moral excellence or righteousness
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The Price of Unethical Behavior MGT7019-8 Ethics in Business Laura M Brooks July 21, 2013 We as a society have assumed companies in whole have been ethical in doing business. It wasn’t until Enron in 2001 that the public has become more aware of business activities. Shortly after Enron, Tyco International caught the public eye. One must first have an understanding of what it is to be ethical and moral. Once there is an understanding of these two terms, one may gain an appreciation of the
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Reflective Observation In our survey for the ethics and moral values subject, we are trying to find out how ethical behaviors or values have change from their prior generations to current generations. Anna interviewed two people in her company, “Enbridge Pipeline Inc”, she chose an employee that has been there for 50 years (Employee A) and another employee that has been in the workforce for less than 5 years (Employee B). When we interview both employees regarding question #7 (refer to Appendix
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However, what are they classified as? Do these expressions deal with morality, ethics, or both? Although these terms are often confused, morality and ethics are very distinct. On the surface this terminology may seem analogous, but their definitions are quite dissimilar. Morality and ethics are major components when examining the decision making of corporations. Despite having different meanings, morality and ethics are interrelated words that play a major part in business organizations. Morality
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The Moral Compass nd understand moral theory. In fact, you have a moral philosophy – but you may not think of it that way. Every time you have a conversation about what someone “should” or “ought” to do, you doing moral philosophy. Your moral converations may be very personal – whether you should return the five dollars extra change the clerk gave you at the video store – or very broad – whether national security is more important than personal freedom. Whatever your moral conversations are about
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issuing corporate social responsibility reports that detail their environment, labor, and corporate giving practices. Also some firms have employed a position of director of corporate social responsibility. Although many firms are endorsing a culture of ethics and social responsibility, some believe that it is being done was a public relations campaign. One of the most common ways to approach CSR is corporate philanthropy. This includes monetary donations and aid given to nonprofit organizations
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