Ethics and Integrity in Multinational Companies Silvia Delia OLARU Spiru Haret University, Bucharest, Romania E-mail:olarudelia@yahoo.com Phone: + 40213169793 Elena GURGU Spiru Haret University, Bucharest, Romania E-mail:elenagurgu@yahoo.com Phone: + 40213169785/88 – ext.151 Abstract The good news for multinationals is that globalization is creating more universal standards of business conduct, and these are becoming more rigorous. As more companies adopt these standards, it becomes increasingly
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Business Ethics, Common Practice of Standards: The Reality of Its Non Existence in Corporate America Although not commonplace, the standards of companies should reflect the diversity of today’s society. In addition, standards are not being strongly adhered to by the various levels of management within these companies. Infractions repeatedly occur without stiff and appropriate consequences. More severe repercussions would result in greater compliance from businesses
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Ethics in Business BUSN310 1302A 03 International Legal and Ethical Issues in Business Eric Baime May 5, 2013 How would you effectively present the issue of potentially defective products to the CEO, other directors, and managers? In effectively presenting issues of potentially defective products to the CEO, directors, and manager, it would be necessary to have data supporting the negative pattern of growth for each product. Further, showing evidence to support the hazards to the consumer
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Ethics are a set of guidelines that differentiate between right and wrong. It is a set of expectations that the society has from an individual or organization which is deemed to be the ‘right thing to do’ in a given environment or circumstances. I would like to illustrate with an example, say in a factory there is a recess time for lunch for about an hour and everyone is expected to be back in time and start work. Now one group comes back right on time but another group of workers always comes back
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ETHICS IN BUSINESS . Table of Contents Introduction: 1 Body one what is ethics: 2 Body two the four views of ethics: 3 Body three the ethical challenges: 5 Body four companies reaction to unethical action: 6 Conclusion: 7 The summary: 8 References and bibliography: 9 Introduction: Management is an exiting topic to study. It gives people the ability to interact with the recent action around the world. Also it gives people the authority to judge the situation, and make a
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Business Ethics By Takeisha Bagley American Intercontinental University November 12, 2009 Abstract This paper will address current issues that organizations face when trying to control business ethics. Over time, business ethics and the U.S. government’s outlook on controlling unethical and illegal behavior have varied. Although business ethics has been discussed for several decades, it has only come to the forefront in the past several years. This has been especially true over the past
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Business Ethics across Cultures Article Review XMGT/216 3/24/13 Jennifer Moore Globalization is a process which has taken place since the first traders and merchants began visiting other countries to bring food and goods back for sharing with their country. Countries take pride in sharing their culture and perspectives with any person whom enters their country. In today's economy we have the Internet, and the use of digital information to help focus on globalization. The updated technology
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Ethics can be defined as principles or right or wrong. Business decisions should be ethical, but the evidence suggests that is not always what happens. (Hollenbeck, Gerhert, Noe, & Wright 2004) A recent study has shown that 4 out of 10 executives stated that they had been asked to behave unethically. As a result of unfavorable perceptions of U.S. business practices and an increased concern for better serving customers, U.S. companies are becoming more aware of the need for all company representatives
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egoist. He did not care about his employees, for example the manager pressures the workers to work for more hours. In the other side, the workers did the actions because of justice. They only want their rights as an employee. In the perspective of business ethics, their actions were wrong, for example committing suicide. So regarding this matter, they have to find solutions so that they can solve their problems. First thing that both workers and manager should do is to cooperate to each other. This will
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