Sam, a marketing manager, often makes ethical decisions based on what others feel about those decisions. He often considers opinions from other managers and employees. Which of the following ethical systems do Sam’s decisions follow? • Consequentialism • Utilitarianism • Relativism • Egoism Find the final exam answers here New UOP Course BUS 475 Capstone Final Exam Part 1 6. The depreciation of currency will: • improve a country’s comparative advantage.
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
D1). Evaluate the impact of the business’s ethical behaviour on its stakeholders and the business, what impact would they have on your business? Support with evidence of research. Ethnical organisations like Body shop have a code of conduct that they follow and applies mainly to their employees and suppliers. For example it states for the suppliers that “Employment is freely chosen”, “Working conditions are safe and hygienic” These principles are intended to guide your decision-making and workplace behaviour.
The results of my awareness Inventory originated my ethical perspective to be based on the result (R) or consequences of my actions. I think the ethical profile result was reflecting my personal values very well. From my background as a banker, I believe that conduct should be directed toward promoting the greatest good for the greatest number of persons. Based on my result on the awareness Inventory assessment, my ethical profile was most closely aligned with (R), and it was least closely aligned with (C). I believe that the goal
APPLICATION EXERCISE II – MKTG 3371, 1. I read in the chapter that business needs government regulation to protect innovators of new technology, to protect the interests of society in general, to protect one business from another, and to protect consumers as well. In my opinion the government should implement levels of measurement and regulations to every aspect of the marketing mix, as marketing plays an important role in society. As we all know, the fundamental objectives of most businesses are survival, profits, and growth. It is clear to me that marketing contributes directly to achieving these objectives, with government regulation to the degree of a clear transparency, and a system of checks and balances that works for all.
The tool that will be utilized to present the data as to whether or not the E-Time is more beneficial to the organization is a In the simulation Quality Management and Productivity a company Sergio’s Corporation had some severe quality issues. Sergio’s corporation was once favored by their customers for variety of products and their timely execution. In the simulation I was asked to help consult the company to get to the source of the problem and implement new ways to improve their declining quality rating from consumers who have began to decline the company’s products. The first issue was to pinpoint the quality issue. In my assessment of the issue it was my opinion that the quality issue came from welding the actual problem derived from stamping.
Expectations of issues like confidentiality must ethically be addressed so the clients understand the severity of the information they are being asked to keep private. Given the leader addresses all ethical concerns are and re-addresses them if necessary, the group stands to have a very successful outcome. Ethical concerns effect many professions including Human Services. Group counseling is no exception. Many issues can arise that potentially effect one or all of a group if their leader does not follow proper ethical guidelines.
The resource-based view (RBV) of a firm is another important framework for conducting internal analysis” (Pearce, Robinson, 2011). After reviewing different alternatives, the SWOT analysis is the best choice. As Pearce & Robinson (2011) state “the SWOT analysis is a logical framework intended to help managers consider their company’s internal capabilities and use the results to shape strategic options”. To conduct an internal analysis for Cablevision, I will have to consider their strengths (good customer service), weakness (slow internet speed), opportunities ( cheaper pricing ) and threats ( losing customers to other cable
Essentially, a company that has a strong, moral (ethical) foundation will generally conduct business in a transparent and trustworthy fashion. From a marketing perspective, the messages will likely follow the lead of the executives and will be presented to consumers in a transparent fashion. For example, Costco Wholesale has created an environment that is known for taking care of its members on all levels. On its website, Costco’s Code of Ethics states four things: obey the law, take care of our members, take care of our employees and respect our suppliers (Code of Ethics, n.d.). By being transparent in its business practices, marketing their services ethically, and standing behind their code of ethics on all levels, Costco has created a level of trust with their members and ultimately, meets its goals with its
Ethics Awareness Inventory Analysis Felishia Gibson University of Phoenix GEN 480 Dr. Senegal November 6, 2008 Ethics are the key concepts to professional and personal development. Many may think that there are separate ethics involved in professional and personal thinking. There are not. Because many people make judgments based on their personal beliefs this also extends into ones professional life. What one considers unethical in their personal life will have a direct effect on their professional behavior.