said to be inherently ethics-laden tasks because every managerial decision affects either people or the natural environment in some way—and those effects or impacts need to be taken into consideration as decisions are made. A narrower construction of the ethical role of the manager is that managers should serve only the interests of the shareholder; that is, their sole ethical task is to meet the fiduciary obligation to maximize shareholder wealth that is embedded in the law, predominantly that of
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and Buchholtz 2003, p. 36). The concept of corporate social responsibility means that organizations have moral, ethical, and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law. A traditional view of the corporation suggests that its primary, if not sole, responsibility is to its owners, or stockholders. However, CSR requires organizations to adopt a broader view of its responsibilities that includes not only stockholders
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firm or employer personnel. The AICPA[1] provides an ethics hotline to assist members in this and other ethics issues. Going through the case, one can see that there are a few breaches of some accounting rules and there is a dilemma about what exactly Jane’s responsibilities are and what she should do in this situation. What are Jane’s responsibilities? What are the issues in the case? There is the question of ethics and responsibilities both as a member of the board
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php/ethical-issues-faced-by-marketers-18696/ Legal and ethical situations have been a topic in the business world since day one. Legal and ethical can sometimes be confusing in the work place if there are not rule and regulation to abide by in the organization. Legal is an act according to law, not in violation of law or anything related to the law. Ethical involving questions of right and wrong behavior relating to ethics and following accepted rules of behavior that are morally right and good. 1. Research
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Global Business and Ethics University of Phoenix Organizational Ethics and Social Responsibility MGT216 October 2nd 2010 Global Business and Ethics Business practices vary from one country to another based on the culture of origin. Understanding a country’s culture, society, and hierarchy allows business practices to run more smoothly while preventing unethical circumstances. Training allows expatriate managers to communicate in foreign languages whereas not implementing selective
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CODE OF ETHICS - FORMAL REPORT FINAL DRAFT Kaven L. Snyder ENGL216 Professor Kimberly Calderon 4 February 2013 TABLE OF CONTENTS Abstract ……………………………………………………………………………….....… 3 Introduction ……………………………………………………………………………….....… 4 Discussion …………………………………………………………………….……...…. 5 - 10 Recommendations ………………………………………………………………………... 11 - 12 Conclusion ………………………………………………………………………………...… 13 Appendix ……………………………………………………………………………..……. 14 References ………………………………………………………………………………..…. 15
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Ethics Reflection Chris Rodgers University of Phoenix Strategic Planning and Implementation STR/581 Terry Pancake November 11, 2013 Ethics Reflection Current course readings emphasized the importance of ethical behavior by companies. The word “ethical” has gained more power in the last decade because of foul practices from companies such as Enron, Arthur Anderson, and WorldCom. The unethical behavior of company executives has caused in-depth company reviews by stakeholders no matter the
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Time Warner, Inc.: A Most Ethical Company Kelly Jenkins Business Ethics BUS ------- Professor Rebecca Walker September 24, 2012 Introduction There is a great deal of work that goes into a running a multi-million dollar business; there it is also a (huge) task to run this business in an ethical manner. A business must keep close examination of its employees and its board members to ensure that all aspects of the corporation’s conduct remain ethical. Time Warner, Inc. has been recognized by
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of the “Universal Human Care Hospital”, where he oversees all departments with over 5,000 employees and over 20,000 patients at the medical facility. He has been provided with a broad set of duties and oversight of numerous departments, including business development, customer services, human resources, legal, patient advocacy, to name a few. He has managers in each department that he supervises and who work with him to address the needs of the various internal and external stakeholders of the hospital
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Ethics Monique Giron MGT/498 September 25, 2012 Robert Jenkins Ethics Ethics are a set of values subjected to analysis based on morals varying by each individual’s belief systems. Moral factors are represented differently given the nature and personal beliefs of human beings involved in certain social settings or working environments. Ethics deal with a person’s values, beliefs, virtues, and relevance of duties in an organization or working environment. When ethics are subjected to analysis
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