Management Essays

Every organizations, clubs, society even a small group have their own environment and behavior. Each and every behavior gives an impact to the environment. Behavior plays a big role in our life. Due to this matter, we, ourselves, should find the initiative to act good and ethical. That is how the business ethics comes out. […]

Introduction The BRIC countries are Brazil, Russia, and India. The BRIC states, consisting of Brazil, Russia, India, and China, are undergoing comparable levels of economic growth. In the last ten years, these nations have achieved notable advancements in industrialization and economic progress. To cement their positions as influential economies and attract more foreign partners for […]

Corporate policies Equal opportunity: All employees are required to adhere to ethical background principles in order to promote a goal-oriented employee culture. Legal issues: Standards related to employees, such as wages, fair treatment, and safety, must comply with government averages. Products: Techfite has the right to provide environmentally and ethically standard products that do not […]

Business ethics issues in the movie “Boiler room”Business ethics issues in the movie “Boiler room” Business comprises principles and standards that guide behavior in the world of business. Stakeholders-investors, customers, interest groups, employees, the legal system, and the community often determine whether a specific behavior is right or wrong, ethical or unethical. Judgments of these […]

Established in 1969, Countrywide Financial became a major lender by providing subprime mortgage loans to individuals who wouldn’t normally qualify for conventional loans, such as those with low income, no credit history, or poor credit scores. However, when the economy slowed down, many people struggled to repay these mortgages. This had a negative impact on […]

De Beers Diamond Company provides a variety of products and services, including rough diamonds for industrial use, constituting 70% of their total production. The remaining 30%, known as “gem quality,” is distributed to specialists who cut, polish, and create jewelry. With an annual production value amounting to $13 billion, the company employs approximately 10 million […]

Aristotelian Approach is a way to look at individuals in a corporation the same way Aristotle looked at people in the environment, by taking individuals into consideration over society, it focuses on individual habits of character to do good. Aristotle believed rights are important but the concern is more with the individuals’ virtues. There are […]

Business ethics, which involves the examination of suitable business policies and practices such as corporate governance, discrimination, and bribery (Madsen & Shafritz 1990), is influenced by the law. These ethics serve as a foundation for businesses to gain public approval and aim to establish trust between consumers and various market participants. In order to maintain […]

This article shares observations on the importance of Trust in making business work well. It affirms that the corporate culture must be built on a set of eight values called OCTAPACE (Openness, Confrontation, Trust, Authenticity, Proactive, Autonomy, Collaboration and Experimenting) and that trust-based working relationships decide the success of a corporate. The authors also argue […]

The notion of exporting dangerous jobs is one that is deeply associated with business and organisational ethics, especially in the contemporary global condition wherein corporate outsourcing on an international and trans-cultural scale is becoming a burgeoning reality. From this perspective, we can see a rationale for businesses exporting such jobs. In terms of the key […]

Nowadays, people the most part of their life spend at the work. At work, person has a contact with other employees, meets the requirements of management or personally gave orders to his subordinates. But also, the organization (enterprise, firm) in which employees work, constantly interacts with other organizations, the state, and the various institutions, the […]

1. Discuss why Ethics is important in business. Without Ethics, people, especially businessmen, will set their own moral standards, moral rules and moral principles. This would result to a kind of subjective morality in which case, what is good for one may be bad for another and vice versa. Ethics as a science does not […]

IKEA is the world’s largest retailer of home furnishings. It strives to provide simple, functional, modern, and useful products at affordable prices to as many people as possible in as many places regardless of their geographical location. IKEA concept is implemented from the start of idea, implemented into the design, manufacture, logistics, sales and final […]

In a market economy, businesses strive to maximize profits while also taking into account the interests of other businesses. Ethics pertains to a set of principles that guide individuals and organizations in making decisions. Ethical conduct is essential for all professions, including business, as it entails discerning between what is right and wrong when engaging […]

2. What elements in BP’s past led to their involvement in dubious actions? It appears that during the company’s establishment, the main emphasis was on monetary gain. There seemed to be an excessive focus on substantial financial returns, potentially neglecting other critical aspects. When disasters such as blasts causing 15 deaths began happening, they might […]

“The fact of the matter is that today, stuff-selling mega-corporations have a huge influence on our daily lives. And because of the competitive nature of our global economy, these corporations are generally only concerned with one thing…the bottom line. That is, maximizing profit, regardless of the social or environmental costs. ” —David Suzuki Bottling of […]

Ethics of doing business in a country with totalitarian government is considered oppressive because business ethics are such that business houses do not feel that they are independent and have to constantly act under the pressure of the government. Not only this bribery and moving ahead through contacts is considered normal and there are very […]

A labour law instrument known as an employment contract delineates the responsibilities and rights of its associated parties. The contract involves two parties, one termed the “employee,” who is “hired” by the other party referred to as the “employer.” This agreement has roots in the master-servant legislation prevalent before the 20th century. In broad terms, […]

The topic of “Business ethics”, which has long been relegated to the background in business literature and educational syllabi, has recently begun to rise in prominence. The term “ethics” was once dismissed as nonessential by business enthusiasts, but its discussion is now often viewed as crucial to a company’s prosperity. Up until the 1990s, business […]

Ethics in management is concerned with those parts of organizational, operational, occupational and professional conduct that relate to standards and moral principals. It is concerned with human character and conduct, the distinction between right and wrong, and the duties and obligation that exist in all situations. 1. In each of the cases, who benefits and […]

Can Profitability and Morality Co-exist? Business Ethics and Corporate Governance  Introduction To Business Ethics What is Business?? Business is a legally recognized organizational entity existing within an economically free country designed to sell goods and/or services to consumers or other businesses, usually in an effort to generate profit. It is a commercial activity engaged in […]

Amanda Hamilton November 30, 2010 The Importance of Ethics in Business Part of being a fair and effective manager is making good decisions. Knowing what is right is very important to personal and business ethics. However, doing what is right is critical to personal and business ethics. A strong unwavering commitment to your core values […]