Business Ethics

Paper Summary:

This paper highlights business ethics with three case studies. The author discusses the issues of bioethics, the management of human resources, and ethics orientation in the case studies and uses companies such as Wal-Mart and Wayne Hills Hospital for illustration. The paper explains how investment in infrastructure, as in the case of Wayne Hills Hospital, labor management and ethics orientation play a big part in an organization. The author also stresses that good business ethics practices result in a positive brand image, something every company strives for.

Outline:
Case 1: Bioethics
Case 2: Human Resource
Case 3: Ethics Orientation

From the Paper:

"Regrettably, all evidence suggests that the model currently defined by Wal-Mart is unlikely to be disrupted, and to the negative impact on a broad array of players, not the least of which is the supplier. The globalization scheme promises that as new developing markets open to free trade, the opportunity for a corporation such as Wal-Mart to find yet cheaper labor and yet more lax environmental standards in the nation of a supplier will tend to draw it away from those to whom it had previously established a unilateral relationship."

Sample of Sources Used:

• ANA. (2004). The Nurses Code of Ethics. The Center for Ethics and Human Rights. Online at <http://www.ana.org/ethics/code/protected_nwcoe303.htm#2.1>.
• Clark, J. & Irwin, E.G. 2006, 'The local costs and benefits of Wal-Mart,' The Ohio State University.
• OHR. (2002). Employee Performance Evaluation: Procedures Guide. East Tennessee State University. Online at http://www.etsu.edu/humanres/guide.htm.
• WHO. (Sept. 30, 2004). Advanced Health Technologies and Medical Ethics. World Health Organization. Online at < http://www.who.int/ethics/en/S_Groth_Advanced_Health_Technologies.pdf>

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