Business Ethics MGM250 Andrea Matcham New England College of Business and Finance August 24th, 2012 Topics Covered: * Introduction about the course * United Nations Global Compact’s CSR Principles * Pluralism * Strategic Management * Crisis Management * Climate of Trust * Creativity, A Climate of Innovation * Bribery and Corruption * Unethical Practices * MNC: Ecological Sustainability * Renewable Energy Sources – The advantages * Sarbanes-Oxley
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Give example about CSR in today’s business * Corporate social responsibility (CSR) is the process by which businesses negotiate their role in society * In the business world, ethics is the study of morally appropriate behaviors and decisions, examining what "should be done” * Although the two are linked in most firms, CSR activities are no guarantee of ethical behavior History * CSR is a form of corporate self regulation turns into business models * Also called corporate
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The problem to be investigated is the on-going debate of the ethical duties of leadership in business. The more focused questions and issues are: What is the ethical leader? What is the obligation of that leader? How does a leader create “buy-in” and trust within an organization? And Is a value-based system needed to create a successful business? James Carlopio described a leader in a recent article: ‘‘Today’s leaders must resist the powerful temptation of self-interest
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1. P5 Analyze the importance of Employee relationship in respect to influence HRM decision making. Employee relations commonly deal with preventing and determine issues regarding individuals which possible arose out of or influence the work concept. Healthy and safe work is dependent on strong employee relationship environment, reward for employee motivation, and effective communication system in the organization. Enterprise Rent-a-Car management must focus on these issues in order to have an efficient
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Immigration Immigration means a person or population coming to a new country with the goal of becoming a permanent resident. Culture A culture is a group of people or characteristics that are similar with each other whether its age, race, sex, religion, or demographic. A culture is a group of people that share the same social qualities. Part II Answer each question in 250 to 350 words: 1. What are some of the ways groups of people are identified? People can be identified into all
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Ethics and employment policies When recruiting staff, Cadbury Schweppes is eager to encourage diversity in the workplace. It therefore encourages applications from a wide range of people. Greater diversity in the workplace encourages different ways of looking at and solving problems and may lead to greater creativity. To achieve such diversity, the company provides equal opportunities for its recruits regardless of gender, age, marital status, sexual orientation, disability, race or religion. Vacancies
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employees. There are many issues that must be reviewed before a final decision is made. Managers should not discriminate against race, religion, sex, disabilities, marital status, or sexual orientation. There have been several companies that have had legal trouble because of their hiring ethics. Ethical issues are important in the workforce. Managers should be trained in ethics so that any ethical issues that may arise during the hiring process can be stopped from escalating and becoming an issue later on
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According to (Merriam Webster, 2010) ethics is the discipline dealing with what is good and bad and with moral duty and obligation. When faced with a dilemma in a professional environment, we are often searching for the right way for it to be solved. The conflict with this issue is determining if our method or “right way” is aligned with the “right way” of the organization. In recent years there has been an insurgence of people from multi-cultured backgrounds appearing within all types of organizations
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Ethics and Corporate Responsibility in the Workplace and the World A Case Study of PharmaCARE Institution: Strayer University The stakeholders in this scenario include 1. The company, namely PharmaCARE which has a subsidiary known as CompCARE in Colberia. 2. WellCo which is the company that has purchased CompCARE 3. The employees of CompCARE 4. The indigenous population of Colberia 5. The government and regulatory agencies of Colberia. Analyzing the ethics of PharmaCARE’s treatment
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Business Ethics: The Responsibilities of Employees and Employers Debra J. Scott Columbia Southern University Business Ethics: The Responsibilities of Employees and Employers Ethics are an extremely important aspect of every successful business; they are crucial on the end of the employer as well as every employee. Employees and executives need a clear definition of business ethics and a clear explanation of the significance of ethics in relation to the position and to the business as well.
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