Merck & Costa Rica Case Study Rory S Smith Ethics in Global Environment State University of New York Empire State College Introduction Companies globally are often times scrutinize for their business practices. They face strong opposition and public humiliation when they conduct their business in an unethical way. When companies operate globally, they must ensure they are operating in a socially responsible manner. Being socially responsible is not just giving
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common view of the firm holds that employees, customers, shareholders, and suppliers are key organizational stakeholders.^ While obligations to these stakeholders are sometimes considered to be motivated by organizational self-interest, the ethical perspective asserts the rightness or wrongness of specific firm actions independently of any social or stakeholder obligations.^ Customers are key stakeholders that help establish the firm's reputation and identification. For example, today Procter and Gamble
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responsibility as a business’s obligation to maximize its positive impact and minimize its negative impact on society. Although many people use the terms social responsibility and ethics interchangeably, they do not mean the same thing. Business ethics relates to an individual’s or a work group’s decisions that society evaluates as right or wrong, whereas social responsibility is a broader concept that concerns the impact of the entire business’s activities on society. From an ethical perspective, for ex-
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| Concept of Ethics & Obligations | George Tenet: Ethical Dilemmas | | Vivian L Burke | | February 5, 2012 In his essay Public Administration and Ethics: A Prologue to a Preface, Dwight Waldo identifies and differentiates between private and public morality and notes that the two can often be at odds with each other. In Waldo’s opinion, the fundamental premise of public morality is that the actions and behavior of those in office or tasked with the representation of the public
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ownerships, photographs, vehicle records and witness statements. Different investigators have different fields of specialization depending upon their background and training. Legal investigators are usually hired in cases involving courts. Normally employed by law firms or lawyers, they assist in preparing criminal defenses, serving legal documents, locating witnesses and interviewing them, interviewing police, and gathering and reviewing evidence. Corporate investigators deal with business issues. Intellectual
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image and reduce any negative impacts on stakeholders. A socially responsible company will maintain a good reputation with all of their stakeholders. Social responsibility follows several guidelines; ensuring profitability, maintains a legal structure, abides by ethical standards, and engages in philanthropy. Company Q does not engage in a very positive social responsibility. The company had two of their grocery stores located in areas with high crime rates. Because of this, they eventually had to
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to specific situations presented within the program and provides insight relating to ethical decision making. Personal values The Williams Institute breaks down ethical values in four categories known by the acronym CORE. CORE stands for Character, Obligation, Results, and Equality (The Williams Institute, 2008). The perspective I most closely related to was Obligation with 24 points. In this area, Obligation is about duty, what a rational person ought to do morally as opposed to what her or she
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Professional Contract Formation Andrea Carmichael MGT320 – The Legal and Ethical Environment of Business Colorado State University – Global Campus Dr. Anton Camarota October 25, 2015 The Professional Development of a Contract Providing educational assistance to employees is a vital part of a comprehensive employee benefits package. Many organizations have realized the benefits to investing in their employees’ education and a tuition reimbursement contract spells out the specifics of that
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Ethical and Legal Responsibility of an Organization Chadwick Slaughter Walden University The issue of public policy has changed dramatically over the years and the privacy of consumers has received considerable attention. The evolution of the Internet has produced a number of diverse concerns regarding the issue of confronting consumer protection for both international and domestic consumer privacy. High profile organizations are exposed to many breaches of personal information and puts these
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PREAMBLE GENERAL PRINCIPLES Principle A: Principle B: Principle C: Principle D: Principle E: Professional Competence Integrity Professional and Scientific Responsibility Respect for People's Rights, Dignity, and Diversity Social Responsibility ETHICAL STANDARDS 1. Professional and Scientific Standards 2. Competence 3. Representation and Misuse of Expertise 4. Delegation and Supervision 5. Nondiscrimination 6. Non-exploitation 7. Harassment 8. Employment Decisions 8.01 Fair Employment Practices
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