duty that extend well beyond serving the interest of its owners or stockholders, and these duties consist of more than simply obeying the law. That way businesses have to stand up to their own actions. It is the belief that a business has moral responsibilities to stakeholders including employees, customers, vendors, the local community and society as a whole. With this concept understood, it remains that business organizations can conform and be successful while practicing ethical behavior. Which what
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Ethical Responsibility with Oil Companies Lisa Dauwen National American University Abstract There are processes that oil companies need to go through to make sure that they are operating ethically. They include protecting the environment, researching alternative sustainable energies, and making sure that they are allowing for economic growth. This paper will look at 3 oil companies that are familiar to the United States. The paper will also look at the recent Gulf of Mexico oil spill and look
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didn’t want to revisit. Things went through my mind, like who I am I really, what type of things are important to me, and how does all these things tie back to my ethics. I would say the “Ethical Lenses” I preferred to use the most are the “Responsibilities” and the “Relationship” lenses. I didn’t realize that the choices I made as a teenager would affect me for the rest of my life and I didn’t think that I really understood how responsible I would have to become because of them. I got pregnant
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whole, the stakeholders, and the employees whom it involves along with other businesses that are associated with the corporation. It is mainly the social responsibility of the corporations to make such decisive actions toward the company. Ethics and Social Responsibility in Strategic Planning Ethics and social responsibility are similarities to one another in different scenarios when having or developing a strategic plan. When a corporation goes through various decisions
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services as a subject matter expert in the position of SAP Consultant. We, __________ (Vendor Name) contracted for the beneficiary's services with her employer, _________________________ to provide services to the end user, _____________________. Responsibilities in this position are sufficiently complex so as to require the services of H-1B specialty worker. The minimum educational requirement for this position is a Bachelor's degree or its Equivalent in the related field of study. As a SAP Consultant
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Milton Friedman in his article “The Social Responsibility of Business is to Increase its Profits” states that only people can have responsibilities, and that there is not such a thing like social responsibility of business. A corporation, according to Friedman, is an artificial person and, therefore, may have artificial responsibilities. The individuals who are responsible of the corporation are businessmen, which are individual proprietors or corporate executives. A corporate executive is employed
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Tyco was founded in 1960 as a research laboratory that provided experimental research for the government. Since Tyco has grown into five segments. Tyco has a goal oriented management plan which affects legal and ethical issues, corporate social responsibility and influences the company’s strategic, tactical, operational, and contingency plan. Planning is analyzing a situation, determining the goals that will be pursued, and deciding in advance the actions needed to pursue these goals (Bateman
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1. Who is the author of this paper and what is his position (give description of responsibilities) with the PCAOB at the time of this article? The author of the article titled, “The PCAOB and the Social Responsibility of the Independent Auditor” is Douglas R. Carmichael. At the time of this article Douglas Carmichael was the Chief Auditor of the Public Company Accounting Oversight Board. His responsibility as Chief Auditor was to advise the Board and the head of the PCAOB’s professional standard-setting
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According to Social Responsibility (2009), social responsibility is the idea that businesses should not function amorally, but instead should contribute to the welfare of their communities. In the instance of Company Q, I do not believe that the grocery store chain is being socially responsible. There are several aspects that could be improved upon. These aspects include: offering more health conscience and organic merchandise, donating items to local food banks and opening stores in lower income
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following questions in the profile: How would you describe the responsibilities of the individuals to the community? The individuals living in the community seem to take pride in their dwelling area regardless of their financial or economic status. The property is clean and free of waste and other debris. The men are seen cutting the grass and the children are observed and cared for while on the playground. Family members get together and social ize at the community center. They have formed a community
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