Introduction Business ethics are not as complicated or abstract as one might think. A simple way to evaluate whether or not a practice is ethical is to determine the ultimate effect of that practice. For example, if the manager of a store paid his cleaning employee less than the going rate to clean his store, knowing exactly what the going rate is, several things could happen to damage the business. The employee could suffer serious financial implications or the employee could leave and find another
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Is Managerial Ethics? 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
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Alfred North Whitehead’s statement “What is morality in any given time and place? It is what the majority then and there happen to like, and immorality is what they dislike” (Solomon & Higgins, 2009, p.273). As for business, it can have ethical standards, even though businesses are not moral agents. This statement is true because to work well, any business has to incorporate an element of morality. Morality in business is evident when a company provides equal opportunities for all employees.
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IIBM Institute of Business Management Examination Paper Business Ethics Section-A Part One: Multiple Choices: 1. (a) Information Technology 2. (a) Equal distribution of all benefits & burdens on peoples 3. (c) Retributive Justice 4. (b) Free Markets 5. (d) Historical Materialism 6. (a) Pure Monopoly 7. (a) Highly concentrated Markets 8. (b) Chlorofluorocarbons 9. (b) Market Cost 10. (c) Both (a) and (b) Part Two: 1. Definition: Mineral depletion is the
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Managers’ Ethical Evaluations of Earnings Management and Its Consequences* ERIC N. JOHNSON, University of Wyoming GARY M. FLEISCHMAN, University of Wyoming SEAN VALENTINE, University of North Dakota KENTON B. WALKER, University of Wyoming 1. Introduction and motivation The purpose of this study is to investigate, in an experimental setting, how favorable versus unfavorable organizational consequences influence managerial responses to an employee’s earnings management behavior. We focus on
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Bahaudin G. Mujtaba | Submitted by: | Kandis D. Gaines | | N01408070 | | 5800 Lake Pointe Village Cir #617 Orlando Fl 32822 | | 386-316-1449 | | | Date of Submission: December 8, 2013 Title of Assignment: Final Term Paper: Business Ethics and the Moral Foundation of Effective Leadership CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited
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are parents and labourers do not earn enough to support their families and as a result they end up sending their children to work other than go to school.[2] This paper discussed whether child labour should be justified or banned, it draws on normative ethics theory that classify actions according to whether they are morally right or morally wrong, according to this paper child labour should be discouraged and those
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Utilitarianism ●●●●●●●●●●●●●●●●●●●●●●●● 1. Introduction Utilitarianism is one of the most powerful and persuasive approaches to normative ethics in the history of philosophy. Though not fully articulated until the 19th century, proto-utilitarian positions can be discerned throughout the history of ethical theory. Though there are many varieties of the view discussed, utilitarianism is generally held to be the view that the morally right action is the action that produces the most good. There
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Joseph Krois Philosophy paper 1 PHIL 1110 Ethics Instructor Bearden A case for Virtue Ethics In this paper I will write about virtue ethics, a normative moral theory that emphasizes moral virtues, or character in contrast to following rules or duties (deontology) or that emphasizes the consequences of actions (consequentialiasm). Plato, and perhaps more famously, Aristotle laid out the teachings and characteristics of virtue ethics which was the preeminent school of thought in
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Ethics game simulation A principle exists as a feature or quality believed to be ethically outstanding and therefore is appreciated as a base of ethics and good start for a decent living being. Personal qualities are features cherished as promoting personal and communal comfort. G-BioSport is a business that supplies sports nourishment and supplements to its consumers. The company adheres to the modern Foodstuffs and Drug Administration (FDA) principles with their commodities. Nevertheless, new
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