Kantian ethics is the best approach to the issues surrounding business ethics There are a number of issues which are created by business activity. Firstly, how are businesses relationships with their consumers? Secondly, how businesses relate to the environment, for example with pollution, or sustainability, or treatment of waste. Another is whether businesses follow moral principles like honesty in their dealings. Kant says that people in business should act out of duty alone, not self-interest or desire to earn huge amounts of money.
There are probably many companies out there that do not care about integrity ethics and only focus on making money, but investors should be aware that if they chose this money making company they risk much more than money. Discussion Question Suggestion Do you feel a company can have poor integrity and still maintain good ethical standards regardless of whether they follow the SOX laws or not? Reference Hazels, B. (2010, Nov/Dec). Eight Years After The Fact Is SOX Working?
Current Trends in Business Communication Danyiel Brown COM/285 University of Phoenix June 09, 2011 Monica Neloms Current Trends in Business Communication Communication will always be used as a skill in the workforce. No matter field of work you choose, whether you are a director, manager, secretary, or CEO of a company, you will have to communicate in some way to accomplish any of these job duties. Having very good communication skills is the key to being very successful. Knowing how to communicate a message effectively, clear, complete and correct is the only way you can get your point across successfully. This paper will attempt to describe the current trends in business communication today.
Camenisch’s view is that the goods and services are the center of the business ethics for they promote the profit. However, the goods and services must be in the interest of all persons and all future generations of people. Business should not use resources irresponsibly at the risk of leaving nothing for others. It should be the focus of business ethics to interact within society while enabling “its members to flourish, specifically that part which deals with the provision if the material means for sustaining and enhancing life.” (p. 288) D. W Haslett’s argument is that inheritance is unjustified. Wealth is the accumulation of money that is passed on to future generations which is different from income which is the money earned in one’s lifetime.
It is measurably more expensive to attract a new customer than to retain an existing customer. So why do so many companies focus their efforts and their dollars solely on new customers? It is because every organization is committed to growth and growth is associated with building new business. However, in order to maintain continuous profitability, companies must establish and maintain profitable relationships with all of their customers (past, current and future). Business leaders must do four things to have profitable customer relationships.
To expand your business and continue successfully you must consider employing non-CPAs. Economic and Ethical Issues of Pricing All CPAs and CPA firms have a vested interested in ethics but how do they keep those ethics and professional codes of conduct while growing their business? How do they add value to their services during these economic times? This paper explores the idea of changing from an hourly billing system to a fixed fee pricing structure in order to grow and thrive, the ethical challenges of hiring non certified accountants and personnel and the professional
Unit 01, Session 01, Page 11 What do you think are the likely long-term consequences for Business A and Business B? Your note: In my opinion Business A it's seems like a family business so they can't provide more money to the business. On the other side, Business B are more suitable rather than Business A because they recruit experience people and Business B following the all system of the management such a Multinational company. Unit 01, Session 02,
Roger Garvin August 10, 2014 Career Plan: Reflection Paper Rough Draft Professional Objectives are being financial stable, maintaining good customer service and, possessing a backup. Being financially stable is a goal/ objective for any company or owner. It will not be worth it if the company or employees are not paid for what their work is worth. This can cause issues from having workers who are either to lazy or work too hard. Another objective is to maintain good customer service which can make or break a business of any kind.
Ethics in business are not just a passing fad. Ethics are foundation of any business. Ethics are the values that you invest in a business. When your organisation is ethical the employees in the organisation feel motivated to work in the organisation. I visited a company in which the main motto of their company in their mission statement was "To deliver value products and services to customers NOT under any cost."
ETHICAL ISSUE(S) & DILEMMA The Foxconn suicides can be viewed from an ethical lens because China’s labour costs have been kept low for years, while expectations kept increasing. Global companies are tapping on the low-wage labour market in China to keep costs low, but many fail to fully understand or accept the moral implications. These problems are complex because they result in benefits for some and harms for others, because the exercising of the rights of some usually results in denying the rights of others. (Hosmer, L.T, 2009) The main ethical issue from the Foxconn case would be: whether it is ethical for Mr. Terry Guo, to place the firm’s benefits ahead of the personal well-being of the employees. Being the world’s largest contract manufacturer of computers and electronics (The China Post, 2010) – serving huge companies such as Apple, Dell, Sony and more, Foxconn may not be able to serve its clients if it is unable to maintain its aggressive cost-management policies.