Applied Concept Paper: Critical Thinking Structures for Business Ethics

3014 Words Feb 26th, 2013 13 Pages
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APPLIED CONCEPT PAPER
UNIT A
LAURA RUBIDO
Z#23124153
MAN 4720-009
PROFESOR: HARRY SCHWARTZ

Table of Contents Executive Summary 2 Abstracts 3 Concepts 5 Analysis 6 Conclusion 9 Works Cited 11

Executive Summary
The purpose of this paper is to demonstrate my understanding of the previously mentioned fundamental concepts and capability in order to relate them to the actual business world through applications of my critical thinking skills. Key concepts such as ethics, social responsibility, whistle-blowers, sustainability, stakeholders, and environmental stewardship are mentioned in Chapters 3 and 4 of (Wheelen, 2012). This paper discusses recent articles regarding
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The first one, CalPortland Company, one of the major producers of Portland cement, has been pursuing environmental stewardship for years. The second one, Lucky Stone Company, one of the largest family-owned and operated aggregates companies in the U.S, has an excellent environmental reputation. And the third one, U.S. Silica, is a leading producer of industrial minerals which recently adopted a formal sustainability policy. This article also emphasizes what these companies have in common and highlights the benefits companies will obtain by making sustainable decisions now.

Concepts
Ethics is defined by the textbook as the consensually accepted standards of behavior for an occupation, a trade, or a profession. There is no worldwide standard of conduct for business people. This is especially true given the global nature of business activities. Cultural norms and values vary between countries, ethnics groups and even among geographic regions (Wheelen, 2012). A Code of ethics specifies how an organization expects its employees to behave while on the job. “A code of ethics, (1) clarifies company expectations of employees conduct in various situations and (2) makes clear that the company expects its people to recognize the ethical

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