The Executive's Compass: Business and the Good Society

James O'Toole

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The emphasis on producing the greatest good for the greatest number makes _____ a social philosophy that opposes policies that aim to benefit only a small social, economic, or political minority. 60. We also appreciate the creative work of Günter Mayer ( www.comixart.de ) and thank him for his never-ending patience and his talents, which allowed us to illustrate the book and give it its own personality. Our interactive, engaging online ethics training is designed to help employees understand their critical role in maintaining company principles.

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Morality and Economics: De Moribus est Disputandum (Original

Viktor Vanberg

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Census data from the Small Business Administration. You have it backwards: I am able to charge $4.00 for a cup of coffee BECAUSE of the way I treat my employees.” In essence, it is because Starbucks employees are productive and motivated to provide good service that the company grew and prospered over several decades. There are many forms of body decoration other than clothes that are used around the world to send messages. Thus, it is important for small venture owners and managers to get onboard the new call for ethical responsibility by engaging in ethical reasoning when they make decisions about products and services, customers, business partners, processes and operations, and all aspects of conducting business.

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Downsizing Issues: The Impact on Employee Morale and

Bonita J. Manson

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Faith is to guide our life, and CST would guide the choices that leaders can and need to make in the public or social sphere of human existence, including business. Which of the following is a similarity between utilitarianism and stakeholder theory? a. At first sight, Enron looks like a mega-size illustration of the bad apple and/or the bad barrel disease and, hence, looks like good marketing for the business ethics business (which almost has a vested interest in such scandals and other bad examples).

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Return on Sustainability: How Companies Can Increase

Kevin Wilhelm

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Business attire is conservative but smart, consisting of dark business suits for men and smart suits or dresses for women. Hume, David, A Treatise of Human Nature (1739-1740), eds. Each persons life has an infinite value. of good for the greatest number of people. Situational ethics, on the other hand, is the belief that all of ethics are within the human condition; the only reality is the process and change is the only absolute. ... The Ottoman Code of Civil Law defines grave deception as higher than 5% (profit) on goods, 10% on animals and 20% on immovable property.

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Job Safety

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Until governments in every country consistently monitor and enforce anticorruption laws, bribery will remain a real and very challenging issue for global businesses. Open Discussion - You''ve got your degree - now how do you get a job in ethics? The values that The Qur'an and the Prophet's sayings prescribe address individuals in relationship to other persons, as we now do when we term other members of our society as ‘stakeholders [Extract from Foreword by Prof.

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Global Perspectives on Corporate Governance and CSR

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Likewise the threat of punishment and the lack of reward for unethical activities encourage ethical behavior. Where the legal system fails, violence begins. An ethical corporation is not an oxymoron. Challenging every employee to create content means tapping into their inner artist. In other words, if we increase global population, which is inevitable, in order to maintain environmental impact, we must reduce either the Affluence, or create Technologies that reduce individual and collective impact.

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Human nature in politics

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The author, his affiliates and related entities shall not be responsible for any loss sustained by any person or entity that relies on this publication. This nature of ethics makes it a(n) _____ discipline. 29. That�s the story you seem to see everywhere you look. Both were sentenced up to 25 years in prison after stealing hundreds of millions of dollars from the company. J., Zhao, H., & Henderson, D. (2007). ‹Servant leadership: Development of a multidimensional measure and multi-level assessment’.

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The Art of Worldly Wisdom

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The Leadership Quarterly, 16, 315–338. doi: 10.1016/j.leaqua.2005.03.001 CrossRef Google Scholar Bagley, C. The aim of Organizational Ethics is that union of effectiveness, efficiency, and excellence that involves the perfection of importance toward achieving organizational aspirations. Pooja Sharma Two norms are to be honored in all situations: Commitments are to be honored in almost all situations. According to a number of international organizations that monitor corruption, illegal and unethical business practices are pervasive.

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Weighing Reasons

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Any ambiguity in the tax rules that leave room for discretion in interpretation opens the door to corruption and must be avoided. 5. The Prophet, in the following words, conveys the relative value of wealth: “There is no harm in opulence for one who fears God. You’ll go on excursions that are off the tourist track, volunteer with locals, and if you like, go to work at an internship with a Spanish or international business. Larger economic issues such as immigration, trade policy, globalization and trade unionism affect workplaces and have an ethical dimension, but are often beyond the purview of individual companies. [71] [78] [79] Unions for example, may push employers to establish due process for workers, but may also cost jobs by demanding unsustainable compensation and work rules. [80] [81] [82] [83] [84] [85] [86] [87] [88] Among the many people management strategies that companies employ are a "soft" approach that regards employees as a source of creative energy and participants in workplace decision making, a "hard" version explicitly focused on control [89] and Theory Z that emphasizes philosophy, culture and consensus. [90] None ensure ethical behavior. [91] Some studies claim that sustainable success requires a humanely treated and satisfied workforce. [92] [93] [94] Marketing ethics came of age only as late as 1990s. [95] Marketing ethics was approached from ethical perspectives of virtue or virtue ethics, deontology, consequentialism, pragmatism and relativism. [96] [97] Ethics in marketing deals with the principles, values and/or ideals by which marketers (and marketing institutions) ought to act. [98] Marketing ethics is also contested terrain, beyond the previously described issue of potential conflicts between profitability and other concerns.

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Crisis in Governance: Business Ethics and the Race for

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Companies) and 16 leading faculty from top business schools to renew and enhance the link between ethical behavior and business practice. For if a company like Nike can get increased sales via a label that attracts socially-conscious consumers, this may pressure the FLA to develop its own label or risk losing clients to Fair Trade USA. To make the next Enron so unacceptable that it won’t happen? Parkinson points out that often these codes become useless and discusses the flaws that make them so.

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