Importance of Business Ethics - 988 Words

Topics of Content Introduction............................................................................................................................1 Business Ethics.......................................................................................................................2 Disadvantages of Unethical Behavior....................................................................................2 Case Study..............................................................................................................................3 Analysis of Case Study............................................................................................................4 Conclusion.............................................................................................................................. 4 Bibliography............................................................................................................................ 5 IMPORTANCE OF BUSINESS ETHICS INTRODUCTION: Ethics is a philosophy which identifies the difference between right or wrong. It serves as a pathway in almost all walks of life with minor differences of behavioral approaches in domestic or corporate sectors. Similarly when we discuss about business ethics, several questions comes in our mind that to what extent is it necessary? How can it be implemented? What grounds are to be set to govern business ethics in an organization? And what is the importance of business ethicsShow MoreRelated International Business: The Importance of Ethics in Business1636 Words   |  7 PagesInternational Business The business world has always relied heavily on contractual agreements while conducting business. These contracts while written in ink, are set in stone. Once your business partner signs his/her name on the dotted line the pact has been sealed and nothing else needs to be said. But what happens when you take away the physical contractual element and everything is agreed upon through ones word? The world of business ethics is an old discipline in most parts of the worldRead MoreImportance of Ethics in International Business1541 Words   |  7 PagesImportance of Ethics in International Business Executive Summary Ethics in the business world is important and global. Ethics  indicate what is right and what is wrong in  business branches and also lead employees and stakeholders with moral values. Due to the globalization of markets and production processes, business people have to deal with ethical issues in cross-cultural settings at an increasing number. The purpose of this paper is to explain the importance of international business, emphasiseRead MoreThe Importance of Business Ethics in Ireland2432 Words   |  10 PagesThe Importance of Business Ethics in Ireland Sonia Lorena Richards Cross cultural Human Relations and Negotiations April 27, 2010 Globalization has created opportunities for countries like Ireland to flourish. â€Å"Ireland is now classed as a high income economy by the World Bank on the basis of gross national income (Chhokar 365).† The importance of business ethics is fairly new in Ireland. Explanations for this might be sought in the country’s colonial history and late economic developmentRead MoreThe Importance of Ethics in Business Essay1475 Words   |  6 PagesEthics is the branch of philosophy that deals with the principles correlated to human behavior concerning the rightness and wrongness of specific conduct, and to the good and bad that influences and ends those actions (Ditonary.com, 2011). In other words, ethics is the choice people effect in regards to a decision they need to achieve. Without ethics directing the choice an individual makes, moral preferences of what should or should not be done becomes irrelevant. While ethical decisions areRead MoreThe Importance of Ethi cs and Values in Business Sustainability1326 Words   |  6 PagesBusiness Management Research Assignment (chapter 5 11) Q1: The importance of ethics and values in business sustainability: Ethics has to do with an individual’s judgment and their morals. Their ethics help us determine right from wrong. â€Å"Values are attitudes towards things like truths, justice, honesty etc.†( Nieuwenhuizen, Oosthuizen Drotskie 2012:95) Ethics and values are important within a business organisation because they influence morals and decisions within an organisation and need toRead MoreThe Importance of Ethics and Values in Business Sustainability1050 Words   |  4 PagesTHE IMPORTANCE OF ETHICS AND VALUES IN BUSINESS SUSTAINABILITY What are Ethics and Values? Ethics are the principles that regulate the conduct of an activity and values are the judgement of what is important in life. Businesses are often tempted to make short‑term gains by turning a blind eye to what’s right. Despite codes of conduct, regulatory omission and ever‑increasing public pressure, many firms routinely ignore ethical considerations. Some even claim that a business simply needs to abide byRead MoreThe Importance of Ethics and Values in Business Organizations1954 Words   |  8 PagesSection A Question one: Explain the importance of ethics and values in business sustainability? Introduction: Ethics is concerned with what is good for individuals and the society according to (BBC ethics 2014). Ethics in general builds a person’s character which is portrayed by his/her behaviour. Business ethics can be defined as a way of which people and institutions should behave in the world of commerce. Most businesses are profit driven and by examining constraints or profit for self-interestRead MoreImportance of Ethics in Business as an Academic Discipline8970 Words   |  36 PagesIntroduction to Business Ethics 2. Ethics as an Academic Discipline 3. Importance of Ethics in Business as an Academic Discipline 4. The Case Against Business Ethics Education 5. Conclusion 0.2 STATEMENT OF THE PROBLEM Question 1: Discuss the importance of Ethics in business as an Academic Discipline. 0.3 EXECUTIVE SUMMARY In today’s highly competitive, performance-driven business climate, regulations are not enough; professional ethics codes are not enough; the old model of â€Å"business ethics†Read MoreImportance Of Ethics On Accounting And Business At Large2556 Words   |  11 PagesThe Importance of Ethics in Accounting Zachary J. Blake ACCT 302--B01 LUO 06OCT14 â€Æ' The Importance of Ethics in Accounting Abstract: Ethics are of the utmost concern within accounting and business at large. Ethics are the standard by which we make moral choices and decisions in our lives. In business and accounting, ethics give external users such as stakeholders, venture capitalists, and others a measure by which they can weigh financial statements and information to see if they are accuratelyRead MoreThe importance of ethics and values in business sustainability. Before explaining the importance1000 Words   |  4 Pages The importance of ethics and values in business sustainability. Before explaining the importance of ethics and values in business, we have to define the following: Ethics: The ability of an individual to distinguish their moral judgements about right and wrong. Values: These are the moral standards and principles that a person considers to be important. They work hand in hand with ethics. Sustainability: meeting the challenges of ensuring that future generations can enjoy the same kind of lifestyles

Setting and Its Effect on Understanding Young Goodman...

Setting and its Effect on Understanding Young Goodman Brown nbsp;nbsp;nbsp;nbsp;nbsp;Every tale ever told shares similar formal elements. All of these formal elements have equally important consequence on a story. The setting of a story has direct correlations to the way that the reader consumes the meaning of the story. The setting in Young Goodman Brown allows its author, Nathaniel Hawthorne, to leave the ending ambiguous, without closure. The reader is constantly expected to decide for themselves truth. Literal interpretation, widely accepted after its initial publication, respected the story as a puritan fable. The message of which: Without faith in God you are defenseless against the evils of the world. This paper is written†¦show more content†¦The most haunted town in America at the time of publication was Salem, Massachusetts. It wasn’t by coincidence that Hawthorne chose Salem as the setting for his ghost story; he had family ties to the very events which mad e Salem infamous. So he sets the story in a forest outside the town of witches still inhabited by devilish Indians. The forest is an important part of the setting as well. The forest in those days seemed vast and endless and much of it remained unexplored and foreign. Safety was achieved by living in communities. Those who chose to wander into the forest oftentimes never returned. The early Americans did not trust the Native Americans or their ancient religions and practices. The settlers believed them to be the devils servants. nbsp;nbsp;nbsp;nbsp;nbsp;In this setting no illusion is beyond the devils control. Without his faith, Goodman Brown is helpless to resist the wickedness of the devil.. Hawthorne alludes to devil’s magic by comparing his own staff as the very one the Egyptian magicians transformed to a serpent. A witch who lost her broomstick appears along the path. Her identity: the old lady who taught young Goodman Brown his catechism. Goodman Brown sees the evil in everyone because as he journeys farther along the path with the devil the devil reveals members of his fraternity. Not only telling him of these people and their indiscretions but also by showing him those closest to him in the wickedShow MoreRelatedThe Puritan Influence in Young Goodman Brown by Nathaniel Hawthorne451 Words   |  2 PagesInfluence in Young Goodman Brown by Nathaniel Hawthorne Nathaniel Hawthorne’s â€Å"Young Goodman Brown† (repr. in Thomas R. Arp, and Greg Johnson, Perrine’s Literature: Structure, Sound, and Sense, 8th ed. [Fort Worth: Harcourt, 2002] 316) is a short story with strong Puritan influence. Puritanism is a religion demanding strict moral conduct and strong faith. Puritans held that Christians should do only what the Bible commanded. Analyzing â€Å"Young Goodman Brown† is dependant upon understanding the PuritanRead MoreAnalysis Of Nathaniel Hawthorne s `` Young Goodman Brown `` And `` The Yellow Wallpaper ``2005 Words   |  9 Pageschange in their respective eras and cultures. In three particular short stories, namely Nathaniel Hawthorne’s â€Å"Young Goodman Brown†, â€Å"A New England Nun† by Mary E. Wilkins Freeman, and lastly Charlotte Gilman’s â€Å"The Yellow Wallpaper†, each individual author speaks out against the established norms of their time in search for moral change. In Nathaniel Hawthorne’s short story, â€Å"Young Goodman Brown†, he addresses the value of the intense religious culture of that early American time period and the hypocrisyRead MoreChildren and Traumatic Grief1272 Words   |  5 PagesNader and Salloum (2011) made clear that, at different ages, children differ in their understanding of the universality, inevitability, unpredictability, irreversibility, and causality of death. They believed, despite the increasing understanding with age of the physical aspects of death, a child may simultaneously hold more than one idea about the characteristics of death. However, factors that complete the determining nature of childhood grieving across different age groups may be a difficult taskRead MoreMock Consultation Case Study3374 Words   |  14 PagesMock Consultation: Bobby Per Brown, Pryzwansky, Schulte (2011) consultation is a process of solving problems, or aid consultees with the knowledge to exercise their abilities to work more efficaciously within their organization, an individual, or group. Ideally, the consultant and consultee share an egalitarian relationship, and the skills in play mirror those of a counselor-client relationship, both consultant and consultee share ideas to solve an issue (Brown, Pryzwansky, Schulte, 2011). Read More Allegory, Symbolism, and Madness – Comparing the Demons of Edgar Allan Poe and Nathaniel Hawthorne3842 Words   |  16 Pagesreader to observe man’s thoughts and behaviors from within his mind and demonstrates how his behavior influences his surroundings. As opposed to Hawthorne’s writing, where a man’s behavior is affected from outside influences, as such, placing him in settings that will manipulate his emotional and mental behavior in an effort to deliver a moral theme. Each a uthor would write their own version of a Gothic tale that would spin the reader’s imagination into places it might not otherwise go. Read MoreThe Tale Of The Fairy Tales2911 Words   |  12 Pagesthese tales, but in some cases they can have particularly, harmful personal effects on them, although there is nothing completely or visibly â€Å"bad† about them or about the characters in them. Before we divulge our youth to these stories, we should assess their substance and see what sort of effect they may be having on them. They have received so much scrutiny and have been studied by many. Recognizing fairy tales effects on the minds of children is vital in their development. This paper will focusRead MoreEssay about Obesity in America3291 Words   |  14 Pagesto the extent that it may have an adverse effect on health, leading to reduce life expectancy and/or increased health problems. â€Å"The problem of obesity is increasing in the United States. Understanding the impact of social inequalities on health has become a public health priority in the new millennium. Social, political, and economic fa ctors now are acknowledged to be fundamental causes of disease that affect behavior, beliefs, and biology.† (Goodman, 2003)   In the United States today, obesityRead MoreA Case Study of Reverse Inclusion in an Early Childhood Classroom4433 Words   |  18 Pagesrestrictive environment. However, according to Smith Rapport (1999), only about half of preschoolers with disabilities are being educated in inclusive settings. Studies recognize that preschool years are an ideal time for children to begin to learn to respect differences between people, and appreciate the contributions each individual makes (Brown, 2001). Reverse inclusion has been proposed as a viable option to achieve this appreciation. Reverse inclusion consists of integrating several studentsRead MoreOral Language and Reading Comprehension3534 Words   |  15 PagesIntroduction: This paper is intentionally made to show the comparison between oral language and reading comprehension. Oral language and reading comprehension are both essential to every individual. All of us had undergone oral language when we are still young and as it develops and as we grow and mature, it enables us to be more knowledgeable and prepares us to a more needed comprehension in reading. This two are significant and are interrelated to each other. As a parent, talking to the child helpsRead MoreANALIZ TEXT INTERPRETATION AND ANALYSIS28843 Words   |  116 Pagesoccupy an entire chapter or more. Some plots require more exposition than others. A historical novel set in a foreign country several centuries ago obviously needs to provide the reader with more background information than a novel with a contemporary setting. COMPLICATION: The complication which is sometimes referred to as the rising action, breaks the existing equilibrium and introduces the characters and underlying or inciting conflict (if they have not already been introduced by the exposition).

Why More People Eat Fast Food Free Essays

Fast Food In our American society today where waking up early each morning to get ready for work has becoming a very huge part of our daily life, we realize that people are becoming more busy even to the point of becoming lazy since they barely have any time to cook for themselves or for their families and therefore, this has lead to the increasing number of fast food restaurants everywhere we go. Pick McDonalds, Subways and Wendy’s for example; there is no corner you will step that you wouldn’t end up seeing their sign because all this fast food are very cheap, very convenient and they taste really good and therefore explains why more people eat fast food this days. In a society where money has become a very big financial problem to many people especially family, eating fast food majority of the time will help them save some money because it is very cheap. We will write a custom essay sample on Why More People Eat Fast Food or any similar topic only for you Order Now Many people will prefer eating at fast food restaurant much cheaper than eating at other restaurant because at a fast food restaurant, a person can get a full meal with less than ten dollars but at a fancy restaurants, ten dollars can only get you a beverage and nothing more people to eat fast food without even thinking about the health problems. Even though eating fast foods are very unhealthy, most people will prefer that over going to buy groceries for cooking because it is very cheap and saves a person more money but it can sometimes be healthy just eating a home cooked food depending on what you prefer to eat. More people today tend to eat more fast food rather than home cooked food because it is very convenient. We no longer live in a society where we wake up early in the morning to make breakfast for ourselves because we do not have enough time due to our busy schedule so therefore, making a quick stop at a local fast food restaurant will help us get our day started. The time limit we have when it comes to taking a break at work or at school these days has become very short that, you do not even have enough time to at least make the bowl of noodles or sandwich you wish to have for lunch. In the case of having short breaks at work or school, our only options we have to getting something to eat in the few minutes is to run, drive fast or even walk fast for not more than a minutes and we will be able to get something to eat because the fast food restaurant isn’t far from us. The convenience of fast food restaurants today has become very helpful to us especially to those who drive because it helps save gas, driving distance and it is very quick and this reason tends to explain why more people are eating fast food. More people are eating fast food this days because our taste buds have become more important to us than the content in the food we eat, whether it being healthy or not. Satisfying our cravings with some large fries and a cheeseburger from McDonalds or a long foot cheese steak from subway will make us feel better of ourselves even though it is unhealthy than eating some rice with vegetables made at home even though . People wouldn’t care about the percentage of fat in a McDonald’s burger because no one really thinks about what they are eating while they are eating it until they are done with it. As we all know, eating fast foods can bring about so many different types of sickness such as high cholesterol level, diabetes and obesity upon us but we still care because we just want to satisfy our cravings and our taste buds. Even though there are some fast food restaurants such as Subway that provide a nutritious and healthy meal but we will still prefer the other unhealthy fast foods over the healthy ones because they taste good and they satisfy our cravings. As our society keeps growing bigger and developing on a very fast pace, we realize that more people are eating more fast foods because they are very cheap, very convenient and they taste very good to satisfy our taste buds. People are getting so busy this days that, spending just some few minutes out of their business schedule to actually make something to eat has become a problem and therefore has also lead to the growing number of fast food restaurants and the increasing number of people who eat there. We realize the cost of buying groceries in order to put a meal on the table has increased to about two times the money you will spend to eat fast food and this explains why more people are eating fast food today. With money being a big problem in our economy today, people have learned to make tight budgets in order to keep them financially stable and spending more money on food needs to be the very last decision any one will make so therefore, eating fast foods will be the best way for people to save some money and also satisfy their taste buds. Even though we all know how unhealthy fast food, everyone eats them for their own reasons. How to cite Why More People Eat Fast Food, Essays

Ebay Case Meg Whitman free essay sample

In 1995, Pierre Omidyar founded eBay, an on-line company whose purpose was to facilitate an environment where people could not only exchange goods, but also have discussions, make connections, and form relationships. He carefully crafted a culture based upon, â€Å"trust, respect, autonomy, empowerment, and equality,† and sought for the eBay community and company to be reflective of those principles. eBay was successful because Omidyar realized that a respectful, symbiotic relationship with this on-line community was critical, â€Å"because eBay wouldn’t exist if it weren’t for [the] community. In 1998, Meg Whitman was brought in as CEO to strengthen the eBay brand and to develop a stronger marketing strategy. In this, she was remarkably successful. In little over a year, eBay registrants grew from 88,000 to 3. 8 million users. The company successfully went public, revenue just about doubled every quarter, and acquisitions and partnerships were made to increase the customer base. However, the rapid growth under Whitman caused a major problem for eBay: it put a strain on the culture and the community upon which eBay was successfully founded. With growth came the need for more rules and policies. For instance, Whitman made the decision to ban the sale of firearms to keep the company free of legal liabilities. Many in the community and company were shocked and outraged by this policy because it violated the eBay values of open communication and trust. Also, the acquisition of Butterfield and Butterfield, a prestigious, high-end auction house, was taken as a slap in the face. It violated the eBay value of respect, and the community saw this purchase indicative of the company’s priorities being focused on higher profit margins, not building and maintaining relationships with its existing community. There are clear reasons why the eBay community felt its culture was being left behind in the wake of rapid growth. First, the strategic design of eBay dramatically changed under Whitman’s management. eBay was previously built upon a small, flat and flexible team of engineers who worked together without many formal chains of authority. This open work environment perfectly mirrored the community Omidyar sought to create online, and the internal company practiced its values of respect and trust on a daily basis. However, Whitman correctly recognized that as the company grew, more formal structures and positions would have to be put into place to bear the burden of greater demand. With expert consultation, she reorganized the engineers. She eventually added eleven different vice presidents in upper management. In little time, the company transformed from an informal, flat model to a formal functional structure. This enabled growth, but it also created tall hierarchies that diminished the culture of open communication. For instance, lower-level employees and the eBay community both back-lashed at the decision of banning firearms for largely the same reason: they had no idea such a policy was forthcoming. Upper management made this decision without outside consultation. Even though it was the right decision for the company, it was handled and presented in a way that violated the culture eBay was built upon. In 1999, Whitman formally created a Community Watch group to monitor the website for fraud. Initially, eBay â€Å"counted on its users to abide by its user agreement and take much of the responsibility for safeguarding the site themselves. But, the community had grown too large to be self-monitored. Again, the decision was appropriate, but so many structural changes implemented in so little time was too much for the community to absorb without reaction. Moreover, the political nature of eBay changed rapidly. Pierre Omidyar, eBay’s founder and developer, had the rare gift of leading with b oth referent and expert power. He used this power to create a strong sense of community throughout eBay. He also used his referent power to give Whitman legitimacy in both her position as CEO and in her consequential actions. His support was effective at getting the company to align behind her decisions, but the external community did not see this support and were more suspicious of the company’s new direction. Whitman’s decisions were all sound and applauded by Wall Street. But the community saw what was once a democratic forum turning into a big business. Her lack of consultation with the community lead one user to brand eBay as having a â€Å"cavalier attitude,† and a â€Å"political agenda. † Lower level employees also saw this lack of communication. Where there were once full company meetings weekly, now they were held, at most, once a quarter. Power was concentrating. Clearly, this power shift was positively causing growth but negatively affecting culture. In her defense, Whitman was not indifferent to the culture at eBay. She stressed hiring people who understood and wanted to expand the eBay culture. But at the same time she outsourced customer service to a location in Utah, far from where the gatekeepers of the eBay culture were to be found. Therefore, those directly working with the community may have been the least in tune with its values. Also, she applauded and maintained the â€Å"no penalty† culture where everyone could voice their opinions and feel free to change their minds. However, with the growth of the company, there were fewer opportunities for a voice to be heard, less direct contacts with upper management, and fewer voices involved in major decisions. This led to decisions being made that were sound individually but not corporately when placed in the eBay culture. It also proved difficult to spread this culture to the plethora of newly added users. And it is critical because it built the community, which built the company, and if it is removed, those elements that made eBay a unique success will be gone. Therefore, eBay needs to find a way to maintain its culture. One way to correct this problem would be to implement more cross-functional teams internally. These teams would recreate the initial eBay structure of being team-based, autonomous, and flat. They would allow different departments to address problems and offer valuable input into pending company policies. This lateral flow would lead to decisions that would keep more in line with the original eBay culture, thus satisfying the community at large. The downside to these teams is that it gives Whitman and others less authority to use in making decisions for the company. Another alternative would be to create a formal system of distributing information and gathering feedback from the eBay community. This would create an opportunity to communicate values as well as pending or upcoming policy changes. This system of polling through email would empower the community to have a cogent voice once again and would reestablish the feeling of one-to-one communication. The downside is that if the company decided to go in a direction different than that of the community, those polled and involved could lose faith and optimism in exercising their voice. Finally, Whitman could create a separate company under the eBay name where she could make mergers and acquisitions without alienating the base users and without directly affecting the company. This would help maintain the existing eBay culture, but it would do nothing to repair any damage done. Moreover, having a different arm will not expand their user community of eBay, which is eBay’s vision. Whitman should create a formal system of distributing information and gathering feedback from the eBay community. This mechanism would be two-fold in design. First, eBay would create a oalition of the â€Å"top sellers,† those truly engrossed in the eBay community and whose interests are aligned with both company and community. Upper management would formally integrate the opinions and responses of this group (on issues ranging from policy to community values) into its decision-making processes. Also, the use of widely sampled polls of eBay users on the same issues would help th e company get a feel for how the broader community at large feels about important issues. This would be positive for the community because it would give them a legitimate voice in the company again, just as it had at eBay’s inception. It is important to remember that eBay is unique in that the community it serves is the company itself. Soliciting, responding to, and implementing the voice of this community improve eBay; even with its now more functional structure, it will only help the company know the needs and opinions of its community, which will strengthen business. The downside to this move is that after hearing out the top sellers and looking at the data of a poll on a particular issue, Whitman and upper management may still feel that an unpopular direction needs to be taken. Some users may feel patronized and refuse to participate in future polls. Even so, many in the community will be appreciative to at least be involved in the process and to be forewarned of pending changes. Once again there will be a dialogue with the community that will attribute value, trust, and respect to its opinions, even in disagreement. In this manner, eBay can grow and still stay small.