Basically, the article discussed several important issues about business ethics. One of the most prominent was the remark she made about business ethics making a comeback. The conclusion was made upon the fact that business ethics are becoming more and more popular among business practitioners as the era of ‘Me-generation’, and its obsession with greed and profit at any cost draws to a close. Besides that, another notable issue addressed was the positive correlation between business ethics
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brought to vote. Previously, she had developed a hard line against Coleman’s plan. She needs to realize that the issue is not black and white and that the best plan might be a combination of the two. When she meets with Campbell she should ask for 3-4 months of time before a decision is made. This is her top priority. Without more time there is very little she can do with the issue. II. Brainstorm multiple distribution options- Start from the beginning. Instead of thinking that the distribution
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equipment readings, internal documents from BP engineers, and other red flags warned that the rig wasn’t operating correctly and that there was potential for a dangerous explosion. However, all these signs were ignored and not addressed as threats by managers. In an effort to avoid incurring costs and to maximize profit, BP cut corners and underestimated the importance of safety. After initial investigations it became clear that BP not only missed significant signs but staff did not have proper training
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Chapter 1 The Financial Manager and the Firm Learning Objectives 1. Identify the key financial decisions facing the financial manager of any business firm. 2. Identify the basic forms of business organization used in the United States, and review their respective strengths and weaknesses. 3. Describe the typical organization of the financial function in a large corporation. 4. Explain why maximizing the current value of the firm’s stock price is the appropriate goal for management
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new web technologies, a grey area of ethical responsibility exists concerning the use of the technology within the workplace. In the case of Facebook, some individuals and entities have used this new database of personal information in ethically questionable ways. The lack of clear rules and standards has led to the dissemination of personal information across the internet for purposes other than what Facebook was intended for. One of the more disturbing ethical infringements on personal privacy is
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activities.” One of them is who is hired for the business. To be hired, one would need to be an asset to the business. The hiring process cannot be discriminatory in any way. If this were to occur there could be a potential lawsuit. How we treat customers is also something that needs to be looked at in a legal sense. There should not be any maltreatment of customers. There are also ethical responsibilities that need to be taken in to consideration, as employees of that business. All businesses rely on
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In brief: This chapter gives an overview of the selection process, testing concepts, types of tests, and selection techniques. It also addresses legal and ethical questions surrounding the area of testing and selection. Interesting issues: Most companies desire reference and background information to make employment decisions, however, most companies also have policies against giving out any information on current or past employees beyond basic job titles and dates of employement. Students need
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Economic globalization provides manufacturers with access to parts from the around the world. With increased specialization comes increased efficiency and lower prices. However, this also leads to a higher level of dependence on a complex supply chain. When Iceland’s Eyjafjallajokull volcano erupted in April 2010 air traffic across Europe came to a standstill. This brought the supply chain to a halt as parts and supplies transported by plane were left sitting on the runway. The economic impact included
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Religious Diversification Today Religious diversification in the workplace is an issue employers will always face. Management of this diversity is necessary so that employees can reach their full potential, maximize productivity, and create a positive work environment by which everybody is accommodated. By understanding the positives and negatives of having religion and spirituality in the workplace, it is clear that there are advantages and disadvantages. Positive aspects of integrating religion
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Table of Contents Table of Contents Table of Contents ii 1 What are the business problem(s) involved in the case? 1 2 What are the ethical issues raised by the case? 2 2.1 Formalist Analysis 2 2.2 Utilitarian perspective 3 2.3 Virtue ethics perspective 4 2.4 Descriptive ethics framework 5 3 What would Alex Brown do? 6 4 Conclusion 7 Appendix 1: Scoring two courses of action based on Formalist Perspective 8 Appendix 2: Scoring two courses of action based on Utilitarian
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