Category: Ethics
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Gamestop and Tesla: Ethical Analysis of Rearrangements
Introduction As part of this work, two articles from recent months are analyzed, devoted to rearrangements in the internal organization of two companies, GameStop and Tesla. The analysis identifies the nature of the ethical problem that accompanies changes within companies. The social nature of the problem is revealed in the decisions of Tesla leader Elon…
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Mattel Inc.’s Code of Conduct and Virtue Ethics
Introduction Over the last few decades, multinational companies have faced serious issues concerning exploitation of workers. Additionally, multinational companies have been accused of unethical behavior in their overseas operations. Particularly, the companies have faced issues in their management strategies. The case study examines Mattel, Inc., which has encountered several issues related to virtue ethics. Mattel,…
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Ethics in Relation to Business Activities
Ethics are socially acceptable principles and standards established to guide the undertakings, activities, and decision-making processes in business. Over the years, organizations have increasingly embraced and embedded moral ideals and values throughout their operations. These ethical codes articulate the expected conduct and behavioral parameters to be followed and adhered to by the members of a…
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Code of Ethics Necessarity Within the Industry or Field
Introduction This part begins with a set of fundamental ethical principles that have found general international acceptance. Next is a brief list of general principles of informatics ethics that follow from these fundamental ethical principles when these are applied to the electronic gathering, processing, storing, communicating, using, manipulating and accessing of health information in general.…
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A Company’s Ethics Guide: The Document’s Name and Its Content
To function in the business world setting with its challenges, a company needs well-developed ethics. Traditionally, ethical principles by which company’s decisions are guided are explained in a company’s ethics guide, which lists key principles of the company’s ethical standards. Typically, the content of the specified document is mostly the same in any organization, yet…
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Corporate Ethics: Creating an Ethical Workplace
Ethical behavior at the workplace seems to be one of the top topics in the world agenda, considering the number of scandals occurring in the world-known enterprises. The trend of the ethical workplace spread is still in process: the developing countries are still getting acquainted with the new ethical standards while developing their ones. It…
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Empirical and Normative Theories in Business Ethics
The article by Donaldson (1994) argues that since two theories, empirical, or descriptive, and normative, or prescriptive, are opposing in nature, they take completely opposite logic and, therefore, cannot be relevantly combined in a single integrative theory. However, Weaver and Trevino (1994) discuss three approaches to the combination of the two theories, including parallelism, symbiosis,…
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Profit Maximization Ethics and Corporate Social Responsibility
Table of Contents Introduction Main text Government regulations Reasons for government regulations References Introduction Traditionally, the duty of company’s management is to improve the financial welfare of the shareholders of the company by maximum profits provided it is under the law. This is the canonical law and economics account (Elhauge: 2004) Companies are therefore liable…
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Ethical Theories in a Work Environment
Introduction Barns Group Limited is an organization like many others that encounters different forms of unethical acts. For instance, looking at the IT department, there is a scenario that has been mentioned earlier concerning asking for an employee’s login details from a manager. It is hard to judge whether the act is unethical or not…
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Nike’s Example of Business Ethics
Table of Contents Nike’s case study The ethical and CSR issues arising out of Nikes case Conclusion and recommendation Reference Business ethics is the business way of doing things within its environs and when interacting with the world as a whole, or with a single customer. Good and admirable business ethics should be observed in…