Abstract This is a paper discussing some basic tenets of businessethics as they are applied to business, government and community organizations.
From the Paper "Does a code of ethics have a place in the professional world or should professionals simply be expected to behave in the same ethical manner as a person outside of the office? There are several positions on this debate."
Abstract This paper evaluates how Lois Jenson and whistle blowing relate to businessethics and examines how conflicting social and cultural values in a work environment can lead to landmark court decisions. The paper discusses how these landmark decisions changed the way that people conduct themselves in the workplace. Jenson's experience had national implications, which demonstrates the relationship between whistle-blowing and businessethics.
From the Paper "Evaluating how Lois Jenson and whistle blowing relate to business ethics requires examining how conflicting social and cultural values in a work environment can lead to landmark court decisions which legally restrict millions of people from engaging in workplace conduct they and their peers had previously considered justified. Her experience had national implications, which demonstrates the relationship between whistle-blowing and business ethics. Lois Jenson and other female employees working for Eveleth Mines were sexually harassed by male co-workers, who resented their presence. According to Kessler-Harris (2002) "these men were union brothers, and this, according to their leaders, was merely their culture."
Abstract This paper provides a businessethics claim analysis on deceptive advertising that contends deceptive advertising is unethical and unfair and should be prohibited. The paper provides an explanation of the claim.
From the Paper "Deceptive techniques are unethical and unfair in advertising and should be prohibited in all cases ..."
Abstract This paper examines the issue of corporate responsibility and the consequences of a lack ethics on today's business environment. The author attempts to define ethics and cites various studies which illustrate which ethical values people hold to be most important. The paper further discusses the intersection of ethics and sales. The author concludes by describing the relationship between ownership of values and ethical behavior.
Outline:
Introduction
Defining Ethics Finding the Connection of Ethics and Performance
Alleviating Ethical Meltdowns
Summary
From the Paper "There are as many definitions of ethics as there are of academicians, researchers, and scholars studying the topic. To align ethics with a specific religion is erroneous; there are many religions in the world that embrace honesty and truthfulness, yet do not provide the impetus for followers to willingly select these ethical approaches to interacting with others. One scholar, Josephson (2001), suggests that ethics involve first the ability to discern right and wrong, and second, the commitment to do what is good and aligning with what ethical conduct is. Ethics then requires action to be undertaken; to be ethical is to act in a consistently transparent and honest way. Josephson (2001) is specifically referring to the values a person has as shaped by their cultural, economic, religious, spiritual and social interactions accumulated over their lives. Ethical choices, according to Josephson (2001), place an equal weight of the values of an individual and their choice of behaving ethically or not. In a study conducted at the Institute for Global Ethics (1996), 272 individuals were asked to identify the 5 values from a list of 15 that were most important to them. Researchers found that the value of truth was by far the most frequent choice. What also emerged were the top three values of truth, compassion, and responsibility. When individuals were asked to pick the most important value, compassion was far and away the greater one chosen. The research went on to show that this small set of core values that is cross-cultural and universal."
Abstract This paper discusses the roots of ethical theory. The author points out that ethics are valid principals for business management. The paper relates businessethics as a principle driven approach to business actions.
From the Paper "Contrary to popular belief, as noted by Elaine Sternberg, there are universally valid principals of business ethics that operate everywhere in the world. Business ethics are rooted in an entire body of ethical theory that can be traced back to ancient philosophers such as Socrates, Aristotle and Confucius. The purpose of this report is to answer the question posed in the title what is ethics. It will be argued that business ethics are a body of principles used to ..."
Abstract This paper discusses from an ethical perspective issues of accounting fraud, whistle blowing, sexual harassment, workplace privacy and duties to employees. The author explores the ethical responsibility of businesses to their stockholders, vendors and stakeholders. The paper examines ethical dilemmas.
From the Paper "There are many aspects of business ethics, including the company's obligation to its employees and to its stockholder workers, duties to their employer and the organization's duties to workers customers, vendors, stockholders and stakeholders. Business ethics is difficult to define or describe. Business ethics includes concepts including honesty, trustworthiness, respect for others, accepting responsibility for the actions of the company and its employees and respect for the rights of others. According to Diane Dixon, writing in "Executive Excellence", one recent study on why ... percent of all managers ..."
Tags:ethics, right and wrong, businessethics, whistle blowing, sexual harassment, workplace privacy, duties to employees, stockholders, vendors, stakeholders, ethical dilemmas, accounting fraud.
Abstract This paper highlights businessethics 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 businessethics 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."
Tags: healthcare facilities, human resource, ethics orientation, bioethics, companies, economy
Abstract This paper reviews the concern of businessethics with the function of the company in relation to stakeholders and the product or service provided. Stakeholders may include the employees, the management staff, the stockholders, customers, vendors, suppliers, distributors, and business owners. Stakeholders may also be extended to encompass franchise businesses or international partners that exist in the global community. The paper further discusses how product or service can relate to all items that the company manufactures for sale, or any form of service that is offered to the public. The paper then reiterates how, with these factors in mind, the manager must then weight every decision on what he or she believes is morally right in relation to these elements. While most companies do not publish a corporate list of businessethics, there is often a business mission that can be referred to in determining how ethics are applies to the company.
Abstract This paper highlights the importance of businessethics internationally. Defining the term businessethics, different shades of its meanings, our paper will then discuss the significance of businessethics, the common business practices followed by a historical view of ethics in various corporations.
Abstract This paper examines how ethics is a social science dealing with human morals and conduct and how business is providing services or goods for monitory gain. It looks at how, in the global economy, business houses today are giving more and more importance to businessethics. It discusses how, for this purpose, different companies have put forward different codes of ethics for their employees and how most of these are based on the old Four Ps of purpose, principles, practice, and performance, which provide the structural framework for it. It also explores how, for a valuable business house, financial, social, and environmental aspects are very significant.
From the Paper "For a valuable business house financial, social, environmental aspects are very significant. A good waste management program for effective control of pollution is necessary in today's world. To obtain maximum utilization of human and other resources an effective employee training program is of utmost importance at all stages. In present times of hard competition to ensure a continued lucrative return an effective research and modernization program should be implemented. At all time there is a need to maintain a good relationship with employees, customers, community, shareholder, suppliers and environment to find the perception of each of these, to realize where the company stands now, to plan where it should be and how to get there."
Abstract This paper discusses the issue of businessethics from the perspective of management experts, corporate executives and business professionals. The paper contends that as the awareness level among the general public is increasing and people are expecting the companies to be more socially and morally responsible, organizations have started to seriously consider the ethical aspects of their business. The paper presents various theories and concepts of businessethics, in terms of a typical office environment.
Outline
Introduction
Ethical Considerations: A Practical Perspective
Conclusion
From the Paper "The project of designing and developing this new version of car was being assigned to a team of engineers under the supervision of Mr. Keith. As ABC Motors was eager to bring this new product in the market as early as possible, Mr. Keith was directed to reduce the normal drafting-board-to-showroom time to about two third of the actual time. As Mr. Keith worked with his team to produce the new model, he started facing a problem. While crash testing the prototypes of the car, Mr. Keith found that there was a major defect in the car design. The crash tests have indicated that after the test, there were dangerous leaks in the fuel tank and the fuel tank was found to be ruptured. This defect was required to be removed in any form because it violated one of the safety standards of National Highway Traffic Safety Administration, which requires reducing fire from traffic collisions. "
Abstract The paper begins with a definition of businessethics. It continues to discuss Sam Walton and his revolutionary reforms to modern businessethics. In conclusion, the paper explores the stakeholder theory, which is the correlation between economic values and trustworthy relationships with the stakeholder.
Outline:
BusinessEthics Ethics of Business and Sam Walton
Stakeholder Theory
References
From the Paper "During the major part of the 20th century, destruction of value in case of stakeholders was regarded to be external to the enterprise. Companies had the upper hand to produce damaging impact to the society as these were regarded to be outside the purview of business or due to the fact that the perceived costs outweigh the costs. With the advent of modernization of information and communications technology, the gestation period for identifying and internalizing negative stakeholder influence has been shortened. The influence on a stakeholder group in any part of the globe is communicated immediately throughout the world having a direct bearing for its capability to conduct business. (Expanding the Value Horizon: Stakeholders as Source of Competitive Advantage) "
Abstract This paper analyzes ethnics case studies about Nike, Columbia/HCA Healthcare Corporation, Texas Instruments, Starbucks and New Belgium Brewing Company from O. C. Ferrell et. al.'s book "BusinessEthics: Ethical Decision Making and Cases". The paper presents the general background for each company, the potential ethical difficulty and to what degree there is an ethical problem at this corporation. If there is such a problem, the paper recommends a solution.
Table of Contents:
Nike
The Healthcare Company: Learning from Past Mistakes?
Texas Instruments Creates a Model Ethics and Compliance Program
Starbucks' Mission: Responsibility and Growth
New Belgium Brewing: Ethical and Environmental Responsibility
From the Paper "Andrew Young, a former UN ambassador, was hired by Nike to visit and report conditions in its third-world countries. The report stated that (1) there were no infringements of health and labor codes of conduct and (2) the pay in Nike-controlled factories was substantially higher than the required minimum wage. In 1998 Marc Kasky, a self-styled corporate critic, responded to the conflict between Nike's claims and the content of the report by Earnest and Young filing a lawsuit against Nike "
Tags: lawsuit, employees, compliance, environment, system
Abstract This paper defines the concept of businessethics and uses the setting of an everyday office environment sitution to understand various theories. It shows how awareness level among the general public is increasing and people are expecting the companies to be more socially and morally responsible. The paper examines steps taken by organizations to seriously consider the ethical aspects of their business and to improve them. An imaginary scenario is presented and several businessethics theories are applied to analyze the situation.
From the Paper "While discussing the application of business ethics theories to a typical office worker's experience, we should first discuss the concept of business ethics.
"In very simple terms the concept of ethics involves learning what is right or wrong and then deciding to go for the right thing. However, in practical terms it is not that easy to determine the right thing as is discussed in many management and business ethics literatures. Majority of the ethical problems or issues faced by a person in the workplace are not that simple to be solved as it apparently seems while going through the literature on business ethics, which recommend a "complete" solution to the problem."
Abstract This paper explains that Tibor Macham and James E. Chesher, in their "Primer on BusinessEthics," argue: (1) The best American government for business is the government which governs the least and (2) The moral responsibility of corporations is to make a profit. The author points out that Macham and Chesher also argue that: (1) The only moral duty of a corporation is profit maximization and (2) Using company resources to advance social goals, such as bettering the lot of workers through needlessly high wages, is a theft of corporate profits if the social goals act as a drain of the ultimate goal of making money. The paper stresses that Macham and Chesher do not advocate an ethical free-for-all because, if a company violates the law, the corporation will have needless legal costs, and the executives will violate the ethics of their profession, which Macham and Chesher state is a more important ethical standard than either laws or social responsibility.
From the Paper "The authors also acknowledge that in the current environment, government regulations must be obeyed by businesses, else they face the costs of litigation. But Macham and Chester also question whether this is a good, namely if too many regulations exist and ultimately hamper corporate profits. In fact, they believe that in the ideal business environment, other than protecting property, the government should not regulate business at all, and rather internal ethical systems should govern the organization, ideally in a Friedman-like utilitarian fashion, taking into consideration the fate of stakeholders only so much as need be, for the organization to evolve and survive."
