Showing posts with label business ethics. Show all posts
Showing posts with label business ethics. Show all posts

Sunday, March 13, 2016

Ethics in Business

Ethics in Business

> Consider the cases  Pepsi's Burma Connection, Levi Strauss & Co. in China.  

> Levi Strauss and Pepsi are each trying to strike a balance between profit and protecting human rights  or at least corporate image  while still participating in the nations where human rights abuses are certainly taking place. 

>  Can a business operate ethically in an area that condones HR abuses?  If so,  how?  If not, why not?

>  What is our responsibility  as consumers  towards people suffering HR abuses in foreign lands?

>  Should government relieve the temptation to participate in HR abuses through law  trade embargo  etc.   Why or why not?


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Wednesday, January 13, 2016

Business Ethics

Business Ethics

Description
Explores the role of individual, business, and government activities related to ethically responsible commerce and socially beneficial business activity.

Objectives
  1. Analyze the concepts of business ethics from a personal and an organization perspective.
  2. Assess the ethical issues facing business leaders.
  3. Evaluate and distinguish between the concepts of social responsibility, integrity, and business ethics.
  4. Explain the framework required to make ethical decisions in today's business environment and how it improves the business climate.
  5. Summarize how moral philosophies, on a corporate and individual level, influence ethical decision-making in business.
  6. Analyze the influence of corporate culture, including leadership, power, and motivation, on business ethics in the workplace.
  7. Explain the pressures that influence ethical decision making in the organization.
  8. Evaluate the need for ethical standards, codes of ethics and practices in business.
  9. Assess the auditing process to assure ethical practices are being followed.
  10. Analyze the role that culture plays in global business ethics.
  11. Evaluate the need for ethical standards, codes of ethics, and practices in business.

Textbook
Understanding business ethics (Rev: 2)
Publisher: Sage (2014)
Author: Stanwick, P. A., & Stanwick, S. D.
ISBN: 978-1452256559



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Tuesday, December 29, 2015

Leading and Managing Interrelated Business Functions

Leading and Managing Interrelated Business Functions   


Ahmed Kasadi has just been told the company’s senior human resources officer would like to speak with him on a conference call. Ahmed is the Afghanistan in-country manager for a large US based corporation and recently reported his concerns about company employees bribing government officials to get a 500 million dollar contract. Ahmed has been with the company for 10 years and knows how seriously the company takes its ethics policy. More importantly Ahmed’s family was born in this region and he had developed a local reputation for supporting economic development. The company had engaged in bribery activities in the past that resulted in millions of dollars in fines from the US government. When he took over his current job, he had every employee in the country retrained on the ethics policy and held monthly status updates on ethics activities. Now with this new issue, Ahmed was sure the HR officer wanted to talk with him about being a model for integrity. To his surprise, Ahmed is told by the HR officer that he had signed an agreement to handle all disputes internally and he should not discuss this issue with anyone outside the company. Ahmed believed that the current bribery activity was not only against the law and contradicted the ethics policy but if the contract was awarded and the bribery was later revealed, the company would face serious financial and goodwill losses. Several weeks go by as Ahmed mulls this situation over. He then contacts his manager to express his concerns. His boss considers that the kinds of activities Ahmed is concerned about fall into a gray area. In this part of the world, commissions and consulting fees are just a normal part of doing business. He tells Ahmed to drop the issue and concentrate more on meeting his business objectives. Ahmed continues to raise concerns and eventually receives a bad performance review. Several months pass and the company is awarded the contract. Shortly thereafter, Ahmed sues the company under a provision of the law known as the Foreign Corrupt Practices Act and is subsequently fired by his boss.           

Consider Ahmed’s predicament and his actions.
In your 200 300-word response, address the following   
Ø  What are the major ethical issues in this scenario?
Ø  Did Ahmed handle this situation appropriately? Why or why not?    
Ø  Did Ahmed use the proper chain of command?
Ø  What aspects of the leading and controlling functions of management were demonstrated in this scenario?
Ø  Include an example from your experience where you or someone else acted with integrity in spite of the possibility of personal negative repercussions.     

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Saturday, September 27, 2014

Managing Corporate Responsibility: Socio-Cultural, Ethical, and Moral Issues Affecting Organisations

Managing Corporate Responsibility: Socio-Cultural, Ethical, and Moral Issues Affecting Organisations


     Understand the socio-cultural, ethical, and moral issues that affect organisations in the current economic environment. 

  • Analyse the responsibilities of organisations to improving workforce welfare
  • Compare approaches to the management of diversity in organisations
  • Compare organisational approaches to ensuring positive policies of workforce diversity




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