The Key Study Areas are as follows….. * TCO A -Business ethics: Three layers of Business ethics: * 1) Basic values (honest, keeping promises) * 2) Notion of fairness (how do we treat others?) * 3) Issues related to community, environment, neighbors Business ethics considers fairness and morals standards amidst the pressure of earning a profit and providing returns to shareholders. Sometimes we may have business ethical tensions where Employee has personal economic interests
Words: 3535 - Pages: 15
JEXTRA NEIGHBOURHOOD STORES IN MALAYSIA NURULSAKILA BINTI JAFRI MBS141092 BUSINESS ETHICS, RESPONSIBILITY AND SUSTAINABILITY MRAA 1533 LECTURER: DR JIHAD MOHAMMAD 4TH APRIL 2015 ------------------------------------------------- Question 1: How should Tom Chong resolve the request from Mayor of Klang? Tom Chong is in dilemma. He is very ambitious in penetrating the market and expanding Jextra in Malaysia. He believed Malaysia has plenty of growth opportunities for supermarkets investment despite
Words: 1878 - Pages: 8
OUR COMMITMENT TO MEETING THE highest ethical standards IS FOUNDED ON OUR aspiration TO LIVE UP TO THE unique qualities OF DIAMONDS. THE BEHAVIOUR OF OUR EMPLOYEES, THE ROBUSTNESS OF OUR COMPLIANCE SYSTEMS and our commitment to transparency maintain stakeholder confidence in our business and play a key role in upholding ‘diamond equity’. De Beers aims to meet or exceed all applicable statutory requirements, as well as international standards on ethical issues ranging from conflict diamonds to anti-corruption
Words: 7544 - Pages: 31
ETHICAL DECISION MAKING AND ETHICAL LEADERSHIP To improve ethical decision making in business, one must first understand how individuals make ethical decisions in an organizational environment. Too often it is assumed that individuals in organizations make ethical decisions in the same way that they make ethical decisions at home, in their family, or in their personal lives. Within the context of an organizational work group, however, few individuals have the freedom to decide ethical issues
Words: 3754 - Pages: 16
governance that are considered critical to business growth and integrity. The company does not treat CSR as a gesture or add-on; it is part of its core business to achieve sustainable organization success. Vodafone's success is supported by its commitment to ethical conduct in the way it interacts with stakeholders and the way it carry on its business operations. Pressure has been continuously applied on telecommunication industry to improve business ethics through new public initiatives and laws
Words: 4683 - Pages: 19
significant of international Business in the 21st century According to Peng and meyer International Business refers to businesses (firm’s ) that engages in international cross-border economic activities and or the action of doing business abroad.Companies decide to go global and enter international market for various reasons e.g. Multinational enterprises, (MNE),this are firms that engages in foreign direct investments and operates in multiple countries. Some reasons why Firms choose do business internationally
Words: 558 - Pages: 3
and address Google’s entry into China. The following topics will be addressed: legal, cultural, and ethical challenges experienced by Google. This case study will also examine the role of China’s government in Google’s decision to operate globally in China as well as the strategic and operational challenges faced by the management team of Goggle with their decision to operate in China. In an effort to enter business in China and gain access to the world’s largest country, Google began offering
Words: 751 - Pages: 4
SUMMARY VIH Aviation has built credibility for its well trained staff, well maintained equipment, safety standards, and technological developments. The performance of the organization has caught the attention of some foreign firms, and additional business ventures will analyzed. China’s second-largest airline has proposed a joint-venture offering shares, profits, cultural know-how for equipment and managerial know-how. Australia’s HNZ group has proposed an acquisition and has offered their staff,
Words: 8136 - Pages: 33
The success of modern business is apparent, but recently there is much concern in the business-and-society literature and in the general press on whether business fulfils its social role responsibly. Business ethics, corporate social responsibility and corporate governance movements have been developed in recent decades as responses to a growing sense of corporate wrongdoing. This paper attempts to explain why the three movements seem yet to have generated little in the form of widely accepted prescriptions
Words: 1693 - Pages: 7
Social Responsibility Assignment Social Responsibility JJT2 Task 1 By XXXXXXXXXXXX Business Administration (MBA IT Management) Western Governors University Introduction Social Responsibility is about the management of an Organization making sure that the community or society where they operate is taking into consideration in all management decisions especially when it comes to the environmental Management, interest and welfare of the people. Dangote Cement is the largest cement
Words: 2312 - Pages: 10