Costco has become the number one warehouse store in the world. With over 488 locations and serving 48 million cardholders in eight countries. The warehouse club keeps growing and has become a successful warehouse club. The founders created guide lines to follow to achieve their goals as an organization. Obeying the law,take care of its customers, take care of employees, respect its suppliers and reward their shareholders. The Costco Organization strongly believes that taking care of their employees
Words: 2273 - Pages: 10
Module Title: Business Ethics and Social Responsibility Question 1: Set out the main criticisms that have been levelled at the above three MNC's In the case of Nestle, it became evident that no formal research into the emerging market was carried out. No approached to local authorities or government agencies was made; who may have had great knowledge/insight into feeding practice within the region or problems/issues that Nestle may be faced with. They simply tried to implement existing
Words: 3128 - Pages: 13
Heparin: Costs and Deadly Side Effects Heparin is a blood thinner, prescribed by physicians and surgeons for kidney-dialysis and post surgical patients to prevent blood clots. One of the key ingredients in Heparin is derived from the mucous membranes of pig intestines; pigs naturally produce proteins used in pharmaceutical products. Baxter International, a very large multinational health care company based in Deerfield, Illinois, whose sales totaled $11.26 billion in 2007, partnered with Scientific
Words: 1692 - Pages: 7
1.0 Introduction Corporate social responsibility (CSR) has become more important in the current business environment. CSR can be defined into action that are taken by organization that goes beyond making profit and legal obligation towards the society adapted from (Ghillyer, 2010) and (SCHWARTZ & SAIIA, 2012) (Brown & Forster, 2013)). More company also nowadays become more aware of CSR (Bondy, et al., 2012) and sees it as a positive tools (Harjoto & Jo, 2011) As an organization fail like in the
Words: 4541 - Pages: 19
Ethics case study Ashley Bruckman March 12, 2013 HCS/335 Introduction Jerry McCall is Dr. William’s office assistant. He has received professional training as both a medical assistant and a LPN. He is handling all the phone calls while the receptionist is at lunch. A patient calls and says he must have a prescription refill for Valium, an antidepressant medication, called in right away to his pharmacy, since he is leaving for the airport in thirty minutes. He says that Dr. Williams
Words: 738 - Pages: 3
An analysis of GlaxoSmithKline and AIDS Drugs in South Africa Maker of AIDS drugs, GlaxoSmithKline (GSK), is confronted with a question of ethics. Do they go the humanitarian route and provide drugs for AIDS victims in poor countries, or do they maintain that they’re a business and they’re here to make money? South Africa has the highest population of AIDS patients in the world. In the year 2000 roughly five million people (or 20%) of the population were infected with the disease. At this
Words: 735 - Pages: 3
Introduction I choose to discuss values, ethics and emotions of the workplace since I feel these are the core elements to make a workplace run smooth. Without these three things a workplace can become disheveled and confusing. First, I will begin by discussing values in the workplace past, present and future. Secondly, I will discuss ethics and the role it plays in business past, present, and future. Finally, I will discuss how emotions in the workplace affect the outcome of the workplace.
Words: 1601 - Pages: 7
Business Ethics and Corporate Social Responsibility CHAPTER OBJECTIVES 1 Explain the purpose of paying for whistleblowers. 2 Define ethics and describe sources of ethical guidance. 3 Discuss attempts at legislating ethics. 4 Explain the importance of creating an ethical culture, describe a code of ethics, and support the importance of linking pay to ethical behavior. 5 Explain human resource ethics and describe ethics training. 6 Describe
Words: 3911 - Pages: 16
Chapter 5 Social responsibility and Managerial Ethics WHAT IS SOCIAL RESPONISBILITY? Two views of social responsibility The classical View * The classical View says that management’s only social responsibility is to maximize profits. * Management’s only social responsibility is to maximize profits (create a financial return) by operating the business in the best interests of the stockholders (owners of the corporation). * Expanding the firm’s resources on doing “social good” unjustifiably
Words: 2035 - Pages: 9
5/19/13 Toyota Recall: Five Critical Lessons | Business Ethics You are here: Home » Business Ethics, Economy, Featured Story, Michael Connor, Recent Stories, Regulation & Legislation » Toyota Recall: Five Critical Lessons Toyota Recall: Five Critical Lessons Posted by Michael Connor • January 31, 2010 • Printer-friendly by Michael Connor Toyota’s announcement of a technical fix for its sticky gas pedals – which can lead to sudden acceleration problems - is not likely to bring a quick
Words: 1932 - Pages: 8
