profitable decisions at the same time, especially in a business world where the moral, values, and ethics are acceptable only after the profit is ensure. A valuable professional would make the difference and face the situations taking in to consideration ethics first. The ethics simulation game would provide two different dilemmas that would help the students to practice their managerial skills trying to make the best ethical decisions possible. In the simulation game, two dilemmas were presented
Words: 1068 - Pages: 5
Pages: 5 Questions: 10 UNIVERSITY OF TASMANIA TAKE-HOME EXAMINATION FOR DEGREES AND DIPLOMAS Semester 1, 2015 BMA250 Managerial Social Responsibility Examiner: Dr Mark Wickham Time Allowed: Your answers MUST be uploaded to MyLO on Friday, June 5th at 5pm SHARP (No late submissions will be accepted for any reason) (NB: If MyLO is not responding – you can email your exam answers to jeanlee@hkue.edu.hk) Instructions: This examination consists of two sections, Section A and Section
Words: 762 - Pages: 4
Canyon University: LDR 800 Ethical Dilemmas and Stewardship 2 February 2011 Introduction Dictionary.com defined decision making as the cognitive process of reaching a decision (2011). Ethics have often been tied to moral principles. There are times when the decisions made with have ethical principles attached to them. In some industries, ethical decisions are a requirement, whereas in others ethical decisions are sometimes thought of as optional. Making decisions is an integral part of the
Words: 708 - Pages: 3
be socially responsible and ethical? In this chapter, we’re going to look at what it means to be socially responsible and ethical and what role managers play in both. Focus on the following learning outcomes as you read and study this chapter. LEARNING OUTCOMES 5.1 Discuss what it means to be socially responsible and what factors influence that decision. 5.2 Explain green management and how organizations can go green. 5.3 Discuss the factors that lead to ethical and unethical behavior. 5.4
Words: 5313 - Pages: 22
Engineering (MBA)) Submitted to: Gujarat Technological University 1 Abstract Business ethics deals with ethical rules and principles necessary for a successful business. It explains the various ethical problems that can rise in a business setting and the responsibilities of persons who are engaged in an organization. We have here shown how the Indian Businesses follows ethical practices even though they are working globally. We have here also taken few examples MNCS to show how are they going
Words: 4659 - Pages: 19
Social responsibility and managerial ethics You may be wondering, “Why should I care about corporate social responsibility or managerial ethics or whether or not my employees have health care benefits? Aren’t these the types of issues philosophers worry about?” To answer this question, you only need to pick up a recent newspaper or business magazine. Everything from Wall Street trading scandals to accounting frauds at AIG, Lehman Brothers, Enron, Parmalat, Satyam, WorldCom, Tyco, and Global
Words: 13074 - Pages: 53
has value.” What we do with our time, our money and our lives are all directly influenced by our capacity to make clear, balanced and valued decisions. Each individual brings a set of personal values into the workplace. These values and the moral reasoning associated with them translate into behavior that are considered important aspects of ethical decision making in organizations. For example, the family background and spiritual values of managers provide principles by which they carry out business
Words: 1016 - Pages: 5
Ethical Issues in Management Jaceson Bradford MGT 216 May 3, 2010 Bill Link Introduction In today’s workplace it is important to understand how making an accurate hiring decision can affect the organization. With jobs becoming increasingly difficult to arrive at because of the economy, applicants for employment are willing to misrepresent their credentials in the application process. Managers are faced with ethical and legal aspects of hiring along with social issues that make ethically
Words: 1143 - Pages: 5
employee should then know how to comply with the policies in place and follow outlined guidance when facing ethical dilemmas. With consistent ethical and moral confrontation, how should individuals in a company be groomed to respond to such issues? Jacob’s Ethical Dilemma After receiving praise and a monetary reward of $10,000 for work he did not complete on his own, Jacob is facing an ethical dilemma. Jacob and his colleague, Krystal, work for a small ad company in Topeka, Kansas. The five-year-old company
Words: 921 - Pages: 4
Nilam Sari C1I015031 7. Karina Aprilia W C1I015037 8. Riyan Ardiyana C1I015043 Jenderal Soedirman University Faculty of Economics and Business I. Introduction I. Background Ethics Behavior and Social Responsibility Ethical behavior is that which is morally accepted as “good” and “right”. And opposed to “bad” and “wrong”. Social responsibility is a moral principle of an entity, be it an organization or individual, to act towards betterment of society at large. It is
Words: 2862 - Pages: 12
