CHAPTER OUTLINE The Global Business Environment Regional Trading Blocks Information Technology The Globalization of Human Capital The Global Manager’s Role The Political and Economic Environment The Legal Environment The Technological Environment ISSUES FOR REVIEW AND DISCUSSION I. The Global Business Environment A. Global management Global management is the process of developing strategies, designing and operating systems, and working with people around the world to ensure sustained competitive
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diverse as one’s fingerprint and no two managers in the same situation will necessarily have the same approach, thought processes, or outcomes. There are many managers in the business world. Some examples are: finance managers who are geared toward the financial success of the company, purchasing managers, who deal with product management and there are human resource managers, who deal with policy, procedures and employee relations. Each of these managers has a specific job function in the company
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Ethics and the Conduct of Business, 7/e Boatright ©2012 / ISBN: 9780205053131 Chapter begins on next page > PLEASE NOTE: This sample chapter was prepared in advance of book publication. Additional changes may appear in the published book. To request an examination copy or for additional information, please visit us at www.pearsonhighered.com or contact your Pearson representative at www.pearsonhighered.com/replocator. C H A P T E R 1 Ethics in the World of Business Listen to
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Running Head: BEHAVIOURAL BUSINESS ETHICS Understanding Ethical Behavior and Decision Making in Management: A Behavioural Business Ethics Approach David De Cremer Rotterdam School of Management, Erasmus University London Business School Rolf van Dick Goethe University Frankfurt, Germany Ann Tenbrunsel Notre Dame University, Mendoza College of Business, USA Madan Pillutla London Business School J. Keith Murnighan Northwestern University, Kellogg School of Management
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Criteria for Ethical Decision Making Utilitarian Approach Individualism Approach Moral Rights Approach Justice Approach Factors Affecting Ethical Choices The Manager The Organization What Is Social Responsibility? Organizational Stakeholders The Ethic of Sustainability and the Natural Environment Evaluating Corporate Social Performance Economic Responsibilities Legal Responsibilities Ethical Responsibilities Discretionary Responsibilities Managing Company Ethics and Social Responsibility Ethical Individuals
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Each profession holds a written code defining the ethics and limitations of what can be done within the boundaries around him/her. Ethics is one word that can unite all professions and prevent the negative outcomes of many decisions. However, it seems each profession possesses its own code. Doctors can’t abide by the engineering code and engineers can’t abide by the medical code. Should engineering ethics be taught to the future engineers? Is the engineering code well written enough to make the engineer
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religions, and policies. Ethical behaviors are generally derived from experience and common sense. It is been argued that Ethics are not considered as benchmarks, however, groups of individuals constitute the power of firms and bad ethics will be driven out by the majority of opinion. Obviously issues that have ethical overtones are presented to everyone, and they make decisions on those issues. Are those ethical decisions? We try to imagine that only the 'right' choice is an ethical decision. But often
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such as right and wrong, good and evil, and responsibility." Wikipedia, defines utilitarianism as: “…ethical doctrine of greatest good. The ethical doctrine that the greatest happiness of the greatest number should be the criterion of the virtue of action The complexities of business and our human/social society makes corporate ethics a very interesting study. To a practicing manager in the working world today, this becomes critically important, especially if they don’t get it! And many
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concepts of right and wrong, and what values humanity retains from ethical growth and development. On a daily basis people are making decisions. People face situations where they must make what they believe is the “right” decision. However, when it comes to ethical faced with ethical dilemmas, people believe that there are “right” and “wrong” choices. Coincidently, people make different choices in accordance with their personal ethical values. In an organization personal differences and preference
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Developing an Ethical Business Environment: A Report to Executive Management Introduction Ethics and business rules always go together. The fact that business policing is based upon the different measures of complete recognition of social norms and social limitations, ethics is indeed a large part of the ways by which business organizations try to strive to be able to become more effective within their operational engagements with regards their aim of being able to influence the society as well
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