Chapter 5 Social responsibility and Managerial Ethics WHAT IS SOCIAL RESPONISBILITY? Two views of social responsibility The classical View * The classical View says that management’s only social responsibility is to maximize profits. * Management’s only social responsibility is to maximize profits (create a financial return) by operating the business in the best interests of the stockholders (owners of the corporation). * Expanding the firm’s resources on doing “social good” unjustifiably
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Burlington Northern and Santa Fe Railway Co. v. White Legal Analysis Legal and Ethical Facts • The plaintiff (White) was hired by Burlington Northern and Santa Fe Railway Co. (Defendant) as a track laborer. Having prior experience as a forklift operator, the plaintiff was assigned to operate a forklift once the need arose. • Although operating a forklift was now the primary duty of the plaintiff, her responsibilities as a track laborer, to a lessor extent, still existed. • Operating a forklift
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suspect was ‘telling truth or lie?’ They were then asked ‘what cues helped you reach your decision?’ Despite this being a short procedure, it enabled Mann to find out how police detect lies in suspects and the methods they use to do it. In terms of ethics, police officers may
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professional background, our Ethics Program is designed to help you adhere to all legal requirements as well as supporting Awesome-o Software devlopers’ vision of being the market leader and is strictly enforced. The Ethics Program is divided into different sections and will: • Explain Awesome-o Software devloper Code of Ethics • Define the role and responsibilities of the Ethics Enforcement Officer • Provide an introduction to Awesome-o Software devloper Ethics Training Program • Explain the
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The Legal and Ethical Considerations of Marketing in America Winfred Muthusi Grand Canyon University: BUS-340 11/ 06/ 2014 Introduction It is very important for organizations to be ethical in all their transactions. This fosters trust from the society as a whole and good performance from the company. To add to that companies have to be very straight forward without engaging in any illegal acts. As much as being ethical and honest is what is expected from companies, there are many that do
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preference can impact organizational ethics. Ethics are defined as the basic concepts and fundamental principles of right human conduct. It includes the study of universal values such as the essential equality of all men and women, human or natural rights, obedience to the law of land and concern for health and safety. Organizational ethics relates to how an organization responds to internal and external stimuli (Business Dictionary, 2011). Unfortunately, while ethics are made up of ‘basic concepts and
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Business Essay on Morality and Ethics in Corporate World - Research Pa... http://www.studymode.com/essays/Business-Essay-On-Morality-And-Eth... Business Essay on Morality and Ethics in Corporate World SIGN IN SIGN UP SEARCH DOCUMENT S BOOK NOTES AP NOT ES Business Essay on Morality and Ethics in Corporate World By Divyashrii | August 2013 Page 1 of 1 The term "business ethics" is used in a lot of different ways. Business ethics is a form of applied ethics (Broni, 2010) that examines ethical
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Abstract Business Ethics is the application of general ethical concepts to specific situations confronted in a business. The main question asked when analyzing business ethics is what is right and what is wrong as far as someone’s behavior in a business. What principles or what rules can be used a guidance in certain business situations. Some people feel that business and ethics should not go hand-in-hand. They feel that there is no room for ethics in business. While others feel that businesses
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illness, decreasing suffering, and the protection, promotion, and restoration of health. Ethics is been an integral part of the foundation of nursing and it is self reflective, enduring and distinctive. In the professional course, a nurse encounters with different types of patients, several types of families and varied situations. Every patient has certain rights and a nurse has to respect them in both legal and ethical aspects. Confidentiality is important to create confidence between nurses and
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contributes and functions in over 50,000 employees and operating in approximately 70 countries. The purpose of the planning function of management is to evaluate Halliburton by analyzing the impact the corporate social responsibility, legal issue, ethics and have had on the management planning of the corporation. Each function will be provided for each. This will analyze three main factors that influence contingency planning, strategic, tactical, and operational Halliburton’s management approach
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