Category: Ethics

In the light of the globalization, the problem of corporate responsibility and ethics in a business problems have come to the fore. In order to promote corporate responsibility in a business balance, it is necessary to strike the balance between compliance-based and integrity-driven approaches. In particular, managers should pay attention to the way employees adhere…

Table of Contents Introduction Summary Conclusion Introduction Ethical and legal issue are some of the most important issue that a company has to ensure that they well taken care of. Any business organization, whether profit or non profit, must have a clear outline of code of ethics as well it must adhere to the laws…

Social welfare should be among the priority of any financial institution and business organization that strives to receive regular profits. Threats imposed to moral and ethical stability of human environment can also create challenges for all financial structures ignoring business ethics. Before the collapse of the Stock Market in 1929, the security business experienced significant…

Table of Contents Role of Corporate Reputation Factors considered in assessing corporate reputation Steps to remedy concerns raised by Coca Cola stakeholders Coca-Cola’s environmental initiatives Role of Corporate Reputation Corporate reputation is normally based on the past actions as well as the likelihood of the future behaviuor of a company. Good corporate reputation enables a…

Table of Contents Introduction Ethical Dilemma Description in the Dow Chemicals’ Scandal Ethical dilemma Justification Solutions to the Ethical Dilemma References Introduction In the business environment, there are series of moral dilemmas that often arise in the process of running or managing a situation. Reflectively, the moral dilemmas may be experienced in the balancing, management,…

Table of Contents Introduction Ethical codes and standards Monitoring, auditing, and reporting misconduct Training Section to review ethical training programs and standards Conclusion References Introduction Ferrell, Fraedrich & Ferrell (2008) discuss that organizations are shifting from “legally based compliance initiatives in organizations to cultural initiatives that make ethics a part of core organizational values” (p.…

Table of Contents Introduction Discussion Conclusion Reference List Introduction This assignment is a discussion on the topic of ethical climate of corporates. The discussion is centered on corporate governance, which constitutes ethical conduct of corporates among other things. In the discussion, my argument is that corporate leaders (Board Members or Senior Executives) are more responsible…

The debate on whether employees should smoke at their workplace has been on going for a long time and in the process sparking a lot of controversy. Charles Renfold, a supervisor at Redwood Associates finds himself in a tight spot and finds it difficult to make a decision on what to do with two of…

Businesses have moral and ethical responsibilities toward their customers. Ethical responsibilities cannot be imposed on businesses but it is necessary to be observed for their success. To shed more light on business ethics, Gerber Company is reviewed. Gerber-Product-Company is a company that was founded in 1927 to produce baby products. It is now operating as…

Even though Carolyn Clark was forced by her boss to volunteer her services to the charity program, she ought to realize that there is a need to help the needy in society. Volunteering is not evaluated during employee appraisal but it counts when the conduct of the overall team is assessed. Employees should not wait…