The success of modern business is apparent, but recently there is much concern in the business-and-society literature and in the general press on whether business fulfils its social role responsibly. Business ethics, corporate social responsibility and corporate governance movements have been developed in recent decades as responses to a growing sense of corporate wrongdoing. This paper attempts to explain why the three movements seem yet to have generated little in the form of widely accepted prescriptions
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Introducing business ethics. Key idea: Globalization, defined as deterritorialization of economic activities, can be seen as a key context for business ethics. The effect of this is that the more business become global, the more it has to cope with regions and countries where ethical values are vastly different, p. 17, 19, 24, learning outcome 1, 2. Question 1: In which of the following areas is it not evident that deterritorialization is particularly relevant to business ethics? 1. Legal issues
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International business International business is a term used to collectively describe all commercial transactions (private and governmental, sales, investments, logistics, and transportation) that take place between two or more regions, countries and nations beyond their political boundary. Usually:- Private companies undertake such transactions for profit Governments undertake them for profit and for political reasons. It refers to all those business activities which involves cross
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Precision Part Inc. is looking to do business with other international companies. One of the countries that Precision part is interesting in is Germany. In order to do business in Germany, it is important to understand their business ethics and laws. By understanding the law at hand, it would give Precision Part Inc. a better understanding on how Germany conduct business and also to make sure the company is ethical. A few international countries believe in corruption. Corruption can consist of
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------------------------------------------------- Computer Ethics Ethics is a set of moral principles that govern the behavior of a group or individual. Therefore, computer ethics is set of moral principles that regulate the use of computers. Some common issues of computer ethics include intellectual property rights (such as copyrighted electronic content), privacy concerns, and how computers affect society. For example, while it is easy to duplicate copyrighted electronic (or digital) content, computer ethics would suggest that it
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Global businesses can sometimes be difficult due to the different cultures. Not all cultures carry the same value, law and ethical standard. Nike is an international brand that has many retail accounts in over 160 countries. Being an international company can cause business ethical and legal issues. Integrity is important and sometimes a challenge when a corporation must respond to criticism or hold back on certain company details. Nike dealt with
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Behavioral Aspect of Accounting: The Need to Emphasize on Ethics ------------------------------------------------- Ahmad Zubair Chedi ------------------------------------------------- Abstract Accounting plays a vital role in providing information that permit economic decision, therefore the information has influence on its users. The financial statements that serve the basis for the economic decision are drawn up, not by the users, but by the enterprise’s accountants under the authority
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ETHICS IN JAPANESE BUSINESS ENVIRONMENT Romanian Economic and Business Review – Vol. 2, No. 2 Caraiani Gheorghe, Maduţa Gyongyver Gheorghe Caraiani is Professor of International Business at the Romanian American University in Bucharest. Maduta Gyongyver is Assistant Professor of English Language at the Romanian American University in Bucharest. Abstract At first sight it is easy to understand that “ethics in business” is a field which aims at explaining problems of moral aspect which come
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Running Head: PROFESSIONAL VALUES AND ETHICS Professional Values and Ethics University of Phoenix Gen/200 Foundations for General Education and Professional Success Instructor: Christopher Mott Professional Values and Ethics Values and ethics are extremely profound attributes, and very significant when instilled within a person of determination. In knowing the desire and need to be successful, the driven nature within can empower energy, magnified by the continued success of one’s
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to have quarterly ethics training. These sessions will be done quarterly so all staff will see and hear our ethics training. According to a National Business Ethics Survey, the level of ethical misconduct remains high, with nearly half (49%) of respondents observing misconduct at work in the twelve months prior to the survey (Plinio, Young, & Lavery, 2010, p. 173). This will show that our company is taking a stance on ethics and we are relying on our employees to keep our ethics. If our company is
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