BMO5501 BUSINESS ETHICS AND SUSTAINABILITY Assignment 2 : Reflective Journal Page 1. Overview 2-3 2. Table of Contents a) Business Ethics 4-5 b) Sustainability 6-7 c) Capitalism 8 d) Corporate Social Responsibility 9-11 3. References 12 Overview The three main topics of the course, Ethics & Business Ethics, Sustainable Development and Corporate Social Responsibility (CSR) are very relevant in today’s
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resources from everyone. The planning phase of management has to engage the ever-changing economies of the world especially if outsourcing is considered as a production method. There are many facets of globalization that directly affect the bottom line of an organizations end product. The EU has had a modest growth in its economy but many companies are sending manufacturing facilities to the eastern portion of Europe. This is because of the fertile production environment there. It consists of
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Profit Vs. Freedom of Speech: a Cross-Cultural Perspective It is no secret that in a business profit is the bottom line. It is the reason someone starts a company, the reason employees crawl out of bed each morning, and the reason why sometimes ethical values are bent or broken. On the small scale, such as a local grocery, ethics of the owners and employees can be easily maintained because the area they are operating in shares the same values. This, however, is not the case with global businesses
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Factors influencing business ethics: Leadership, strategy and performance, individual characteristics, corporate culture and environment Leader is a person who leads the people towards achieving a common goal. Leader can be good or bad, great or small they arise out of the needs and opportunities of a particular time and place. Not all leaders are considered to be perfect in their decision making because each and every decision they make will depend upon the character of person which differ from
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given format at the end) • Ethics Disclaimer Declaration (use the given format at the end) • Table of Contents • List of Exhibits (Optional) • List of Abbreviations (Optional) Number the Front Matter as – i ii iii iv (Bottom right of the page) Special Note : * It is each and every group member’s responsibility to place his/her signature in the group contributory and ethics disclaimer declaration sheets prior to
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JJT2 Social Responsibility Company X Tax Services is a part time small home operated business with one employee who is the owner/operator. It provides tax preparation and filing to individuals, sole proprietorships, partnerships, and s-corporations. Company X Tax Services has been in business since 1996. There has never been a sustainability strategy save for 100% adherence to tax laws. (A1) Good company citizenship goes beyond simply meeting the letter of the law. A socially responsible
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BUSINESS ETHICS GROUP ASSIGNMENT WHAT LIES BENEATH THE BEAUTY Adityo Prasidi (1340000582) Cinthya Natalia (1340001244) Jeannie Purnamasari (1340001175) Karina Rizki (1340001130) Niltha Mathias (1340000462) Oktavius Ivoni (1340000771) Regvred Reinaldo (1340000784) Talita Anggreni (1340001023) TABLE OF CONTENT WHAT LIES BENEATH THE BEAUTY 1 CHAPTER 1 BACKGROUND: UNILEVER 2 1.1 Company Background: Unilever 2 1.2 Overview of Unilever Indonesia 3 1.3 Unilever Indonesia Foundation
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Main Point This article focuses on WorldCom’s culture of ethics and how this culture led to criminal charges by reporting accounting irregularities of $11 billion in 2002. There are many ethical theories from many points of view, but the bottom line of the article is poor ethical cultures and bad accounting practices lead to disruption of performance and in order to move forward there is a need to educate future business leaders to set high ethical standards and goals for themselves and their employees
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Social Responsibility The basis of social responsibility is corporate commitment to the development and adherence to business processes that produce a positive impact on society. This impact should benefit not only their individual employees, but all shareholders within the global environment. Corporate Social Responsibility is analogous to Corporate Citizenship, which is defined as “The extent to which businesses are socially responsible for meeting legal, ethical and economic responsibilities
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WRITTEN ANALYSIS OF THE CASE No. 14 BUSINESS ETHICS Introduction Turbulent times are inevitable in any life cycle, may it be in one’s own personal life or in a business environment. Nations and governments also constantly face turbulent times and so thus any kind of relationship. A big chunk of success usually goes through a rough phase before reaching its peak. Hence, companies and individuals must be ready for turbulence and should brace themselves for rougher times. It is rare to reach
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