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Business Ethics news
Two Views of Social Responsibility
Two Views of Social Responsibility By Jonathon Hardcastle Government regulation and public awareness are external forces that have increased the social responsibility of business. But business decisions are made within the company. Two contrasting philosophies, or models, define the range of management attitudes toward social responsibility; the economic and the socioeconomic model. According to the traditional concept of business, a firm exists to produce ...
Define Your Position: Values, Ethics & Leadership
By Paul Hoffman Some call it wearing one’s heart on the sleeve; others call it wearing their emotions. If the discussion is of values and ethics, leaders must wear them openly, constantly encouraging, mentoring, and coaching others to operate within values-based and ethical standards the leader expresses. Values and ethics exist in a philosophical arena and often mistaken as the same. Values explain that who you are is what you were when. Ethics ...
Business Ethics and Social Responsibility
By Ismael Tabije Platinum Quality Author Business ethics is a form of applied ethics that examines just rules and principles within a commercial context; the various moral or ethical problems that can arise in a business setting; and any special duties or obligations that apply to persons who are engaged in commerce. Generally speaking, business ethics is a normative discipline, whereby particular ethical standards are advocated and then ...
Business Ethics and Social Responsibility
Ismael D. Tabije Business ethics is a form of applied ethics that examines just rules and principles within a commercial context; the various moral or ethical problems that can arise in a business setting; and any special duties or obligations that apply to persons who are engaged in commerce. Generally speaking, business ethics is a normative discipline, whereby particular ethical standards are advocated and then applied. It makes specific judgments ...
Introduction to Business Ethics
Jonathon Hardcastle Is it possible for an individual with strong moral values to make ethically questionable decisions in a business setting? What affects a person's inclination to make either ethical or unethical decisions in a business organization? Although the answers to that question are not entirely clear, there appear to be three general sets of factors that influence the standards of behavior in an organization; individual factors, social factors and opportunity.
Organizational Ethics
Narayanan Krishnaswamy Organizational Ethics The Oxford Advanced Dictionary defines ethics as "moral principles that control or influence a person's behavior" The American Heritage dictionary defines it as "the study of the general nature of morals, and of specific moral choices; and the rules or standards governing the conduct of the members of a profession." It is basically connected with beliefs and principles about what is right and what is wrong and ...
The Ethical Dilemma
What one should do in a situation that presents two or more alternatives or which involves a dilemma, remains always ambiguously answered. 'Selecting the right and sticking to it' is a myth. 'Right and wrong' are very personal. There is no universal touchstone method to decide on what is ethically right and what is not. Selecting one of the right ones is much more difficult than selecting the right and avoiding the wrong. The following are three such situations involving ethical ...
Business Ethics and Unethical Practices
Verena Veneeva The study of business ethics and its implications for different stakeholders have seen tremendous growth in the past few decades. There has also been a rise in the use and development of codes of ethics and announcements for ethical practices by many firms; however companies are still criticized for their unethical practices at different levels (Papers4you.com, 2006). Business ethics, according to the literature has been entrenched with the ...
What Should I do if I Become a Victim of Identity Theft
Cathy Taylor Identity thieves take advantage of everyday opportunities to discover your personal information and use it to commit fraud or other crimes. The good news is a victim of identity theft has more options today than ever before. According to the Federal Trade Commission (FTC), there are four important actions you can take to minimize the credit damage caused by circumstances beyond your control. 1. Contact any of the three major credit bureaus. Speak to someone in ...
Ethics of Outsourcing
john parker Many times, business organizations encounter the dilemma of ethical decision making. "If a CIO says 'I've never faced an ethical issue', they're not living in the real world," says Larry Ponemon, chairman and founder of the Ponemon Institute, a security and privacy research think tank based in Arizona. Though business relationships are more economic in nature, their moral and ethical dimensions have an equal impact on profitability. When it ...
Advice For Would Be Whistleblowers
by Darcy ONeil http://www.snakeoil.ca They say no good deed goes unpunished and sadly that is the truth in the world of the whistleblower. The theory on ‘whistle blowing’ is that the individual is helping the community, and following their ethics, by reporting the offending person or company. The risk of recrimination is very high and usually results in a long and difficult fight for the whistleblower. This battle will likely including legal threats and ...
Poor Service is Unethical: Three Simple Rules for Winning Customers
Poor Service is Unethical: Three Simple Rules for Winning Customers by Tom Hooyman Ethically Speaking Practically every business states, We provide excellent customer service" or We will exceed our customer's expectations." Businesses pay an exorbitant amount of money to learn from companies who are known for their customer service, such as Disney and Ritz-Carlton. As a matter of fact an entire industry has evolved, filled with a cadre of consultants that ...
The Great Importance of Doing Business with Ethics
By: Victorino Q. Abrugar For most people, money makes the world go round and business bears that money. Businessmen will perhaps do anything just to achieve the ultimate goal of having a business, and that is to earn income. Net profit or income financially means a surplus of sales or revenues after deducting costs and expenses. Whether you are engage in profession, occupation, work or trade, you are in business and you speak income. When you earn an income you suffer ...
Poor Service is Unethical: Three Simple Rules for Winning Customers
Tom Hooyman Ethically Speaking Practically every business states, “We provide excellent customer service" or “We will exceed our customer’s expectations." Businesses pay an exorbitant amount of money to learn from companies who are known for their customer service, such as Disney and Ritz-Carlton. As a matter of fact an entire industry has evolved, filled with a cadre of consultants that tells companies how to improve their customer service. A quick search of ...
Is Good Neighborliness Good Business
by Larry Winebrenner Introduction He was the least likely of neighbors to do this thing, a Buddhist turned Roman Catholic, patriarch of a California wine-growing clan. I was a Southern Baptist youth, only recently learned how to shave, and served in the new "Korean War" as a sailor. You know the rashness of youth. I wondered aloud, "How is it that you, a Japanese Buddhist, came to be sending your son to Mary Knoll Seminary to ...
Professional Ethics
Jacob Parker There are many professions in the world that require strong will, stamina and courage to get occupied. Thousands of policemen, doctors, firemen, rescue teams save people every minute. Graduating form the University and mastering one of the professions mentioned above you think only about successful application of your knowledge in practice. A couple of years after you become a famous doctor, an honorary resident and a dedicated family man. But then one accident in your ...
Sarbanes-Oxley: The Wrong Solution To A Legitimate Problem.
Sarbanes-Oxley: The Wrong Solution To A Legitimate Problem. by: Joseph Quinones Genesis Corporate Advisors Sarbanes-Oxley Act or the accountants full employment act as I like to call it, refers to legislation introduced by Senator Paul Sarbanes (D) MD and Representative Michael Oxley (R) Ohio and passed in July of 2002 in response to the Enron and Worldcom scandals. Whenever the nation is confronted by a problem or crisis Congress feels that they ...
Ethical Decision Making
Ethical Decision Making by: Mike1968 http://lulu.com/MikeHazelwood Ethical decisions are things we must make each and every day. According to the Josephine Institute of decision making we must learn six steps to making the right decision. The decision process can be a tedious process at times, but with the proper techniques we can all become better decision makers in our personal lives, on our jobs, and in everything that we do. Proper ethics must be ...
Business Ethics: Would You Buy From You?
Business Ethics: Would You Buy From You? By Mike Dandridge You can never find yourself until you face the truth. – Pearl Bailey AT the beginning of the twentieth-first century, it seemed that business ethics had become an oxymoron, that integrity was for suckers and that profit was the singular force driving business. Then, as mega-corporations collapsed and scandalized companies fell, we witnessed the fragile framework of a ...
Values Matter - Even for Super Bowl Champions
Values Matter - Even for Super Bowl Champions By Keith Starcher I was trying to figure out a way to work the Pittsburgh Steelers into a Weekly Insight, particularly after our hometown team earned the right to be called “World Champions.” I realize that not everyone who reads these Weekly Insights hails from Western Pennsylvania (and some of you might not care for the Steelers at all), but hang in there with me on this one. “Steelers mean business” ...
Corporate Greed The New Agenda Violates us All
Corporate Greed The New Agenda Violates us All by: Dana Glenn Smith ¶Have you seen a man who is expert in his business? he will take his place before kings his place will not be among low persons. Proverbs 22:29 BBE There is truth in the Proverb above. When a man or woman is expert in his business, the power and prestige bring him to the corridors of top nobility. Within reach of the President and an associate of kings. The power ...
Ethical Considerations of Privacy and Cyber-Medical Information
Ethical Considerations of Privacy and Cyber-Medical Information by Jonathan Klemens, RPh, FASCP, FAAIM In 1818, British author Mary Shelley’s tale of Dr. Frankenstein’s infamous creation startled and captivated a receptive audience. Just as the macabre, but resourceful, doctor created life from non-life that terrorized the local countryside, we have created a “cyberspace monster" that “lives" and knows no boundaries. It may not actually terrorize ...
The Advantages, Considerations and Risks of Employee Satisfaction Surveys
The Advantages, Considerations and Risks of Employee Satisfaction Surveys Martin Day Although there are distinct advantages to conducting regular employee satisfaction surveys online - there can also be risks. Listed here are some of the main advantages, considerations and the possible risks to conducting employee satisfaction surveys online. Advantages Identify Problems - Surveys are can be very effective in ...
Corporate Social Responsibility
Corporate Social Responsibility Dr Shanker Adawal A Statement Of Intent Generating wealth in a manner that is socially and environmentally sustainable must be the common goal of domestic and international business. In this age of open world economy, brand reputation, repositioning of government activities and privatization, it is increasingly important to do business ethically, morally and with concern for the society. Business today are ...
The Trust Factor: Effects of the Enron and Barry Bonds Scandals
The Trust Factor: Effects of the Enron and Barry Bonds Scandals by Roy Wooten Whether you believe they are guilty or not, the effect of the scandals of Enron’s leadership and performance enhancing drugs in baseball is clear. Trust in corporate leaders and sports figures has waned. The damage to the individuals at the center of the scandals and their respective associates has been generalized to others with similar roles throughout America.
Corporate Greed The New Agenda Violates us All
Corporate Greed The New Agenda Violates us All by Dana Glenn Smith Have you seen a man who is expert in his business? he will take his place before kings his place will not be among low persons. Proverbs 22:29 BBE There is truth in the Proverb above. When a man or woman is expert in his business, the power and prestige bring him to the corridors of top nobility. Within reach of the President and an associate of kings. The power wielded ...
Wholesale Fraud
Wholesale Fraud By Michael Russell There is an old saying that goes like this. "You get what you pay for." In the wholesale business this is way too true. We're going to take a look at some of the wholesale scams that go on constantly and how to avoid them. It's not as easy as it sounds. Let's face it. We all want to pay as little for something as possible. It costs so much to live as it is and the last thing we want is to overpay for something. So it is ...
Pre-Employment Screening: The Watchful Eye That Mitigates HR Risk
Pre-Employment Screening: The Watchful Eye That Mitigates HR Risk By Hitesh Asrani Education qualification is one of the intrinsic factors on which an organization bases the eligibility and remuneration of an employee. However, the bubble of sanctity is fast bursting in this arena. In the last 18 months, the frequency of frauds connected to fake certificates have increased drastically. The latest fraud blockbuster was released when the ...
Building Relationships for your Business By Volunteering.
Building Relationships for your Business By Volunteering. Dannielle Brantley "...entrepreneurs need to interact with their target market and then communicate effectively with them in order to build any relationships that may lead to a sale. How do you reach your customer if you can't afford well-placed advertising, need a larger budget to produce a radio or tv spot and want more of a connection than one night networking events?..." Everyday, ...
Slaughterhouse Ethics
Slaughterhouse Ethics By Shailesh Gopale In a village, there was a slaughterhouse, its owner, butchers and many goats. As time passed the number of goats increased in the slaughterhouse but number of butchers was same. The owner thought instead of looking for new butchers, lets make one of the goat a butcher. He had a doubt in his mind that a goat might not fit into butchers role, but then he thought "Lets take a chance and see how it goes. If this ...
On the web:
Actions Of Probate Judge's Law Partner Prompt Ethics Complaint (Hartford Courant)A lawyer trying to drum up business for his law firm online recently touted the fact that his firm includes a Connecticut probate judge, a statement that has prompted an ethics complaint with the state.
World Petroleum Council calls for ethics in oil business (Khaleej Times)MADRID - The World Petroleum Council on Thursday stressed the importance of ethical values as one of the main challenges facing the energy business.
Don't Ride A High Horse In Policing Work Ethics (Investor's Business Daily via Yahoo! News)Hans Gieskes ran a $1.3 billion company. But for nearly a decade he has rued a $180 business decision.
Brick official disputes ethics rap (Asbury Park Press)Councilwoman Kathy M. Russell says she wants Mayor Stephen C. Acropolis to file an ethics complaint against her.
World Petroleum Council calls for ethics in oil business (EARTHtimes.org)Madrid - The World Petroleum Council on Thursday stressed the importance of ethical values as one of the main challenges facing the energy business. Decision-making in the oil industry needed to be linked with ethical values, legal compliance and re...
Professor elected to leadership role in engineering ethics (The Times of Northwest Indiana)A Valparaiso University engineering professor who has won national recognition for his scholarship on ethics and emerging technology has been elected to a leadership position in the American Society of Engineering Education's Engineering Ethics Division.
Blue Cross Blue Shield tabbed for ethics award (BizJournals)Blue Cross Blue Shield of Kansas received the 2008 Northeast Kansas Business Ethics Award for its long-standing tradition of ethical business practices.
Ethics review plan hits delays (The Fayetteville Observer)Six months after Mayor Tony Chavonne proposed an ethics panel to hold government more accountable, the group has yet to form. The idea for an independent commission to review complaints of misconduct or help officials navigate murky areas of the law arose during the “Ticketgate” controversy.
Business-school test maker seeks Web cheaters (AP via Yahoo! News)Prospective and current graduate business students who used a Web site to cheat on entrance examinations over the last five years could have their scores thrown out.
How much skin is too much at the office? (CNN.com)NEW YORK (AP) -- Here's a scenario very likely to happen at a small business this summer: The owner arrives in the morning, and is greeted not only by the company's receptionist, but her exposed navel. And maybe her nose ring too.