Business ethics

retrenchment is legal in South Africa according to the constitution and labour law. The dilemma with this particular option is whether Martha is willing to let her employees who have been there from the beginning and have the required experience go, will her ethics and morals allow her to do so even if it is legal. The second option also passes the legal test as the labour law and constitution allow and promote further skills development of employees through Human Resources policies. This…

comes to work. I may have learned a lot at Cincinnati State to help prepare me for this job, but there are a few things that I had to physically learn or adopt and those were the day-to-day procedures. There was a daily routine in the restaurant business. At the beginning, I was…

Part A Evaluation of Company Q’s attitude of social responsibility using the Economic, Legal, Ethic, and Philanthropic levels. (Ferrell, O.C., Fraedrich, J., Ferrell, L. 2009) Economic Company Q’s economic attitude is a mix of positive and negative. Company Q’s purpose is to make a profit, but it is also the company’s job to create employment opportunities and provide food and supplies in the community. They have added high margin items like health-conscience and organic products that are…

we can see that the business need to do the best to increase its profit which he called that is social responsibility. However the changing of the world has denied his idea of social responsibility of a business by figure out the demand from consumer or shareholder, high pressure of the globalization to business. All of that factors has change the culture and the vision of business in the last decade. In the other hand, Milton Friedman had a forever right idea which is a business must “stays…

A business leadership degree is for you if you aspire to be a key leader in an organization. This degree is not just for business related careers. It combines the studies of human relations, social science, business, communication, law, and leadership to give you the skills to lead in government agencies and non-profit companies as well as corporations. A business leadership degree is a great complement to any educational background. The global economy needs qualified people to lead companies…

would show by example that it isn’t needed to exploit the ethics and laws of other countries that don’t share our same ethical codes and laws. It isn’t right that we use third world countries to make cheap things that we sell and mark up for 100% if not 200% of the making cost. Wal-Mart does these things to make the biggest profit and that needs to be changed. Wal-Mart could give back so much more to the community by outsourcing their business to smaller businesses. What I mean by this is that…

A stakeholder in a business is any group or person who can gain or lose from the activities of a business. The usually accepted stakeholders are business owners (shareholders), staff, and managers. To those ancient stakeholders may be added a wider cluster can embody customers, suppliers, and also the government, people who live domestically to business operations and even those affected within the wider community by a business’ operations. STUDY ON WAL-MART: Wal-Mart Stores, Inc., incorporated…

To Be or Not To Be Global When a business makes the decision to take matters globally, it is assumed that all the necessary steps and procedures have been taken and considered. Politics, laws, international regulations, and business ethics are a few of those necessary things businesses should be well-knowledge of as they move forward. “The political relations between a company’s home country and the nations in which it does business affect its international business activities”, as said by Wild…

share, in your own words, why you believe the United Nations Global Compact group has initiated the “Accenture CEO Study”. The UN Global Compact group initiated the “Accenture CEO Study” because today’s business leaders are committed to sustainable business. They believe by doing sustainable business they can increase profits and contribute to solving global challenges such as economic, environmental, education, and gender gap issues. In other words, CEOs believe if they act socially and…

are interdependent, and seeks to directly address the effort of regaining trust in corporations and business in the modern age. The article postulates that there are three ways to create shared value: redefining commodities and markets, reconceiving productivity in the value system, and empowering local cluster growth. The authors also argue that the creation of shared value is fundamental to business strategy and that it is neither philanthropy nor corporate social responsibility. In my…