Business Ethics Essay

Final Sports Exam: Question 1: I consider the Nike Corporation to be an amoral employer because of the financial incentives to make the cheapest product in a capitalistic business culture. In America, the issue of moral and immoral conduct in the business world is often sidelined in favor of an amoral position on the necessity of earning the greatest profits through the lowest costs cutting measures in terms of employment. The issue of Nike sweatshops as an immoral factor in the show industry…

Let say, my temp agency had a lot of political deviances. People were giving out more desirable jobs to people that they knew instead of solely basing it on merit. My new code of ethics would be based more on the human relation than the production of the company itself. To clarify, my new code of ethics would try to stop favoritism at its core. It would involve minimum contact will other coworkers and a promise that there should be no relation to people looking for work and the people giving…

Decision Making moves to Frostburg 1.) There are ethical issues that may arise when doing business in other countries. Among those are cultural issues which may be different in other countries. The Business runs the risk of offending the locals with culture clashes and in turn the support of the locals will not be there for supporting the business. Ethical issues may arise of inequality. Wages and working environment issues are faced when it comes to pay levels and working conditions. The…

Case Analysis 1. What are the facts in the case? John is the chief seismologist at one of the leading research facilities in North America who holds a P.H.D from one of the most prestigious university in the country. John has developed a method for predicting earthquake with 80% accuracy rate. From his investigation, he discovered that there is a 80% chance that an earthquake will occur with a magnitude of 7.3 in one of the four fault lines in southern california within two days. While three…

Ethics is moral and principles that govern a person’s behavior. Ethics contains a branch of moral philosophy that involve defending, systemizing and recommending concepts of right and wrong. Since ethics is a branch of philosophy questions that are asked are what is the best way for people to live and what is actually considered right and wrong in particular circumstances. Ethics is what is morally right and what is what is viewed as wrong. Ethics resolves questions about human morality, what is…

Times have changed- consumers now also require a business to be mindful of others and the environment while presenting a cutting-edge product. In 1997 Benoit (as cited in Dutta and Pullig, 2011) stated that when something comes to threaten the public opinion of a business (aka “Brand Crisis”), that business only has limited options such as “denial, reduction of offensiveness, and corrective action”. From the consumers view point, business ethics (i.e., virtues) appears to have a short and/or…

to run their agency and pursue their well-being. In this case, in the management of an organization or company, can we imagine when ethical practice has disappeared from every human being? Is there still a transparency after that? We all know that ethics is the main thing that is the lifeblood of a company. Of course, the supposedly powerful empire will fall down if it is not ethical. That's what happened to Enron Corporation, which is a big and great company in designing the product.…

Arby’s, and its employee that was injured, did not conduct social responsibility in this case because they failed to meet the obligation as an ethical business to shut down service immediately and have their customers throw away their food just in case. It is not favorable to have to shut down service because it results in losing profit, but Arby’s should have used the ethical pillars of respect and responsibility…

Part C. Monitoring, Auditing, Reporting Excellent management requires an organization to recognize that their ethics and compliance guidelines affect every decision and activities of the company. Therefore, it will guide the train of thought and action that will help develop the culture of the business in a subtle manner. An important factor for an ethics and compliance program is to include processes to measure its performance. The following will explain the processes AlphaTech will use to…

can choose from. Our decision with regard to the supplier we choose will affect Abbot because the profitability of this initiative will depend on its cost and the reputation of the supplier also affects Abbot because they now have a professional business relationship. After a thorough analysis of the different suppliers, we have chosen Alpha Supply Company as our primary supplier because of the way they treat their employees and their commitment to ensure that they abide by international…