real business world. Once, my business ethic professor, Al Gini, said “To become a good leader, a leader should teach his follower to become a good leader too”. Besides, during the ethic class, professor Gini gave us many cases about bad leadership, such as Enron, Ford Pinto case, and so on. With all of the lessons that I gained in business school, I have learned that schools of business nowadays prepare their students to become future leaders by acknowledging today’s businesses problems. I believe
Words: 739 - Pages: 3
manufacturing processes they “sidestepped the issue of what it should have known about the health dangers of unpasteurized juice-and when it should have known it.” (Entine). The company never tested for e-coli because it was not found at the acid level. This case reminds me of todays mengitis outbreak by many labs that do not receive the same type of inspections as manufacturers and the management look the other way due to
Words: 765 - Pages: 4
VRIJE UNIVERSITEIT AMSTERDAM COURSE ETHICS 4.3 with special reference to PROFESSIONAL ETHICS Code 61432100 [final version January 10, 2012] Academic year 2011-2012 Period 3: January. Faculty of Economics and Business Administration: MSc Program Business Administration. Prof. dr. Eduard Kimman course assistant: Karin Tjeerdsma (k.t.tjeerdsma@vu.nl) Background This course, in the setting of various Master Programmes at the Faculty of Economic and Business Sciences, is about
Words: 6750 - Pages: 27
Ethical Leadership Abstract This paper will work to address ethical breakdowns by current leaders, looking at why the breakdowns occurred, and whether or not this was due to using a particular style that did not work. It will discuss the concepts of the traits and behaviors in terms of what it takes to be a great leader, and look at the question of whether or not an individual may behave in an unethical manner in their personal lives but still remain a great leader. Keywords: ethical leadership
Words: 919 - Pages: 4
TYPES OF MARKETING STRATEGIES MARKET LEADER STRATEGIES 1. Expand total market 2. Defend market share 3. Expand market share MARKET CHALLENGER STRATEGIES 1. Define strategic objective and opponents 2. Choosing an attack strategy MARKET FOLLOWER STRATEGIES MARKET NICHE STRATEGIES ================ A. 1. MARKET LEADER STRATEGIES EXPAND TOTAL MARKET • New Users E.g.: perfume:--> non-users (mkt-penetration strat) --> men (new market strat) --> other countries (geo-expan strat) E.g.: J&J Baby shampoo:
Words: 1301 - Pages: 6
Ethical Judgments ! Utilitarianism ! An Introduction to the Moral Theories of Jeremy Bentham and John Stuart Mill Ethical philosophy differs from the sciences because it is normative or prescriptive, rather than descriptive. In other words, ethics tell us how we ought to act or what we should do, while the sciences are more likely to observe how things are in nature or society. Making Ethical Judgments Areas of Emphasis in Making Moral Judgments Purpose or Act Rule Act, Rule, Motive
Words: 1546 - Pages: 7
external accountants for business advisory services. discuss at least four types of relationships and possible conflicts an accountant faces in performing the above roles How soft skills can boost your career Former Harris Scarfe officer jailed The Ford Pinto Nestle Milk Powder Exxon Oil Company Jacinta faces distress in the office what circumstances apply professional judgement Module 2 Accoutants,ethical issues and the corporate governance context apply the code's conceptual framework approach to explain
Words: 1269 - Pages: 6
well-known cases of corporate behavior to illustrate the themes of the subject. Near the top of this list of familiar names (e.g., the Ford Pinto, Tylenol, and Bhopal) is Nestle´ S.A., the Swiss food conglomerate. Of all the business histories examined by students of ethics, Nestle´’s saga of controversy is perhaps one of most intriguing. In the late 1960s, Nestle´ was criticized by social activists for its marketing of powdered milk formula for infants in less developed countries. The case became
Words: 1215 - Pages: 5
The 1973 Oil Crisis By Sarah Horton In October of 1973 Middle-eastern OPEC nations stopped exports to the US and other western nations. They meant to punish the western nations that supported Israel, their foe, in the Yom Kippur War, but they also realized the strong influence that they had on the world through oil. One of the many results of the embargo was higher oil prices all throughout the western world, particularly in America. The embargo forced America to consider many things about
Words: 1638 - Pages: 7
The ability to recognize ethical issues is the key to understanding business ethics. An ethical issue is an particular problem, situation, or opportunity that requires a person or organization to choose from among several actions that may be evaluated as right or wrong, ethical or unethical (Ferrell). The best way to evaluate the ethics of a decision is to look at it from different viewpoints. Although many business issues seem straightforward and easy to resolve, often times a person needs several
Words: 1308 - Pages: 6
