Many in business use these life values to make decisions that have been passed down from family, educational and religious institutions. However, the message is not the same and each business person will apply their own unique interpretation. Nevertheless, everyone must have an ethical base that applies to conduct in the business world and in personal life. In this paper, I will explore some of these ethical issues as they pertain to marketing and advertising, intellectual property, and regulation of product safety. In the paper I will try to determine whether PharmaCARE was unethical in its dealings as it relates to the above mentioned areas.
The main purpose of this article is to discuss the Caux Round Table (CRT) Principles for Responsible Business which has described moral standards for suitable behavior in the workplace. Breaks in company honesty, whether among a small amount or a lot of individuals, compromise the beliefs of workers and for this reason the ability of an organization to provide people’s needs. The main idea of the article is to determine a universal code of ethics in the CRT and talk about the standards for behavior in the workplace. The most important information in this article is the principles themselves and the similarities and/or differences to Jerry White’s Biblical guidelines. The first principle of CRT is to respect stakeholder beyond shareholders
The law on confidentiality and restrictive covenants are in place to ensure that employer’s business interests are protected. Employers may rely on mechanisms such as the confidentiality clauses and restrictive covenants to protect their businesses from damaging competition, disclosure of trade secrets and confidential information. The objective of these provisions is to avoid employees from abusing they employer’s business interests when the employment has come to end. The degree of protection provided to employers differs if the employee has ended the contract of employment. The implied duty of fidelity protects business interests and imposes a obligation employee must not disclose any information or trade secrets of their employers business.
Unless the customer, whom Joe criticized, by using a company computer, came back and filed a complaint against John or the company, I strongly believe that Joe can be dealt with internally before our company takes any further action. Through the contract, the company has the right to monitor its employees’ usage of company computers and systems. Therefore, Joe can technically be disciplined for threatens to sue the company for invasion of privacy. I would review our company policies once again to explain the rights, privileges, and commitment of individuals involved as a means of governing working relationship. If Joe fails to improve, the best decision would be the termination of his employment under a mutual understanding to avoid going to
DQ1: Review the case study Just Because it’s Legal, Is it Ethical in Perspectives in Business Ethics. How might bankruptcy law provide an outlet for unethical behavior? DQ 2: Consider the topic of air pollution. Discuss whether a business should go beyond what the law requires. How might a company be rewarded or punished for making an ethical or unethical decision?
Workplace confidentiality requires that this information be identified and secured to prevent unauthorised access or release of the information and includes everything from policies on workplace Internet usage to nondisclosure agreements in employee contracts. Breaches of workplace confidentiality can result in a range of problems. Customers tend not to work with companies they think are untrustworthy, and consumers may specifically warn people away from companies that have mishandled private information like addresses, purchasing records, and credit card numbers. Companies can also experience compromises in their long term business plans if information about products in development or ideas a company is considering are released
Amy McGraw 1 Amy McGraw Assessment and Counseling Kristy L. Hardwick April 23, 2010 The Substance Abuse Subtle Screening Inventory is referred to as the SASSI. Dr. Glenn A. Miller developed the SASSI for a screening questionnaire to discover if people have a high likelihood of substance dependence disorder. Dr. Glenn Miller dreamed of owning his own business and making it grow and thrive. The business opened and was close to where the family lived. Dr. Miller and his wife called their new business “Quest for Camelot.” In 1967 Dr. Miller earned his Ph.D. from Illinois University in Clinical Psychology where he specialized in assessment.
The one problem with the code of ethics is that we can't always have the answers black and white. Sometimes there are grey areas where the answers aren't so simple. Business ethics - Generally it's coming to know what is right or wrong in the workplace and doing what's right with regard to effects of products/services and in relationships with stakeholders. Business ethics strive to evaluate proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities. Business ethics are often guided by law, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance.
Running head: PERSONAL VALUES Personal Values Kenneth L. Winkle University of Phoenix Online Management MGT 521 Allen Sutton September 29, 2008 Personal Values As a manager, many decisions require taking into consideration the needs of the company and the concerns of the employees affected. One determining factor in making these decisions are the manager’s personal values. Each manager is different on the personal values use to evaluate the situation and decide on the proper action for the current circumstances. The ethical profile of the manager is a useful tool in determining the key factors a manager may use in his or her decision making process. The Williams Institute Ethics Awareness Inventory Assessment is
Assignment 1 “The American Red Cross (ARC)” 1. Determine the impact of this even on ARC’s “benefits of business ethics” (employee commitment, investor loyalty, customer satisfaction, and bottom line). “Business ethics relates to rules, standards, and moral principles regarding what is right or wrong in specific situations. Business ethics comprises values, and standards that guide behavior in the world of business.” (Ferrell and Fraedrich 2011 page 7). Creating dependable leaders should always be a part of business education, but it seems over time it has become more of incident by result than by vital content.