StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Business Ethics Article - Essay Example

Comments (0) Cite this document
Summary
Business Ethics Article Name: Institution: Business Ethics Article The chapters covered from week 1 to week 3 revolve around the concept of ethics in the business environment with significant emphasis on how the business environment interacts with the society…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful
Business Ethics Article
Read TextPreview

Extract of sample "Business Ethics Article"

Download file to see previous pages closely relates to the business issues covered in chapters 1, 3, 4 and 5. Ruud and Ruud (2011) explore different business concepts with great emphasis on ethics, law and how the business environment interacts with society. According to Ruud and Ruud (2011), business ethics results from the society values and generally demands that businesses operate in profit-making activities capable of benefiting the society and not amassing wealth at the people’s expense. The article particularly discusses the changing trends in business ethic, laws and corporate social responsibility in the global business environment. This paper explores business issues covered in chapters 1, 2, 3 and 5 and their link to issues discussed in the chosen article. Business Ethics and Good Life (Chapter one) Chapter one covers the concept of ethics in relation to the business environment and what entails good life in business. Good life is seen as the quest for pleasure and happiness throughout the lives of many people. The values of the business world have been greatly influenced by the ethos of our society, and the values of the society values have as well influenced activities in the business world. According to Ruud and Ruud (2011), business values have emerged from societal values overtime in which such values are transferred into the business environment. ...
Ruud and Ruud (2011) support the idea of society values influencing business ethos or values through the assertion that constantly changing societal values pose a significant challenge in the attempt of many businesses to sustain good relations with the society. Society and the business set up are inseparable with business ethos existing as guidelines to the coexistence between the business environment and the society. Finally, the concept of attaining good life in the business environment is easily achievable because it forms part of the business life. Business Life, Law and Ethics (Chapter two) This chapter progresses with the discussion of ethics in the business environment, where the view of business as solely pursuit of profits is widely disputed. The world of business is rather viewed as a community with communal values which guide its operations. Business is further seen as a tool for productivity and distribution of goods and services with the aim of benefiting the society at large. Ruud and Ruud (2011) hold similar views through the assertion that businesses must operate in ways that depict the best interests for the society. Modern societies favor businesses that pursue their profitability with clear social responsibility, thereby encouraging creation of socially responsible businesses. The importance of social responsibility in the society has seen the emergence of the corporate social responsibility. Corporate social responsibility forms part of strategic plans adopted in almost every business organization due to the societal emphasis on the need for businesses to have the interest of the society at the core of their operations. Corporate social ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Ethics Article Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Business Ethics Article Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/business/1448116-business-ethics-article
(Business Ethics Article Essay Example | Topics and Well Written Essays - 1000 Words)
Business Ethics Article Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/business/1448116-business-ethics-article.
“Business Ethics Article Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1448116-business-ethics-article.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business Ethics Article

Corporate Goverance and Code of Ethics

...Corporate Governance and Code of Ethics Corporate governance is a term that is broadly used to refer to the set of laws, customs, rules or policies and processes that forms the basis of the relationship between the managers, shareholders, suppliers, employees as well as other business stakeholders. It provides for the rights and responsibilities of the stakeholders thereby directing and controlling the way a business is operated. On the other hand, code of ethics is a set of rules and regulation that guides the behavior and conduct of employees in an organization. Code of ethics is designed to make employees make fair and moral choices in discharging their duties. This essay will focus on the role of corporate governance in creation...
3 Pages(750 words)Article

The Impact of Economics on My Life as a Business

...The Impact of Economics in My Life as a Businessman Table of Contents I. Introduction ………………………………………………………… 3 II. The Basics of Microeconomics …………………………………….. 4 a. The Economic Performance of the Country ……………… 4 b. Income-Leisure Choice Theory …………………………… 5 c. The Law of Supply and Demand on Prices of Goods ……. 7 III. The Principles of Macroeconomics ………………………………… 8 a. GDP Trend in the United States …………………………… 9 b. US Consumer Expenditure ………………………………… 11 c. Main Function of the US Monetary and Fiscal Policy……. 12 IV. Conclusion ………………………………………………………….. 12 References …………………………………………………………………… 14 Introduction Today’s world of business has changed a lot due to globalization. Globalization including...
10 Pages(2500 words)Article

Running a Small Business in Papua New Guinea

...Running a Small Business in Papua New Guinea Introduction Running a small business in Papua New Guinea is often expected to be broke because of the revenue and instability of cash that are usually redirected to the native non- market economy of the country. A lot of businesses are built in order to supervise exchanging gifts and developing the social status of the investors and business owners. Hence, this will be apparent to the motivation of the subordinates to get through the objectives of the business. Indeed this is one technique seen in most of businesses today is building public relations in order to acquire brand loyalty and to position the business in the market. In a narrower sense, developing strategies on how to market...
6 Pages(1500 words)Article

How the Internet has Simplified the Business Transactions

... Introduction This paper is going to describe how the internet has simplified the business transactions between the buyer and the company. Also, it will discuss the exchange challenges that is facing. Finally there will be an end-State Outcomes of e-commerce. E-commerce Nowadays the buyer and the seller have a close relationship with the perception of e-commerce. Currently, this is done through the internet where both the buyer and seller are linked on through a broad range of connections marketplaces, exchanges, and transactions. In the today’s technology, the interaction between the buyer and the seller is being narrowed through the use...
2 Pages(500 words)Article

Ethics in E-mail Communication and Internet

... don’t get jobs. Emails are much like many other forms of communication like phone calls, business letters, face to face conversations, and memos. The main advantage with emails is that it requires no face-to-face interaction, no voice-to-voice and no formal structures that exist for letters is required for interaction. When compared to usual postal mail, e-mail offers speed of delivery, permanent storage, and easy replication. Since email is electronic mail, the fact remains that email are recorded and saved, and they can be replicated legally or illegally. In any situations whether it is business, job or personal life, ethics can only help us to succeed. It involves mutual understanding to live and work together. It is also a method...
9 Pages(2250 words)Article

An Attorneys Book of Business

Document drafting is no longer the crowning glories of a lawyer’s worth but rainmaking abilities and a huge book-of-business have become the yardsticks of his legal competence. In gauging, for example, which associate should ascend the ladder of equity partnership, legal firms today decide almost solely on the basis of a lawyer’s book-of-business which should equal to the value of his clients. Moreover, a book-of-business’ crucial role does not end upon gaining equity partnership but is made a perpetual barometer of a lawyer’s value throughout his professional life. De-equitization, among others, can be slapped him once his book-of-business ceases being profitable to the firm. The inordinate emphasis on an...
41 Pages(10250 words)Article

The Dynamic Business Process Development Framework to Bridge the Digital Divide among the Aboriginal Community in Australia

...The Dynamic Business Process Development Framework to Bridge the Digital Divide among the Aboriginal Community in Australia ABSTRACT The implementation of information systems in government organizations in Australia with specific reference to the aboriginal community is the major topic under study. This paper proposes a master plan titled Dynamic Business Process Development Network showing the stakeholders and their inter-related activities. The proposed framework includes the development, training and maintenance of the Information and Communications Technology (ICT) and information systems for local communities specially for the Indigenous community. It also reviews the digital divide that exists between indigenous and non-indigenous...
13 Pages(3250 words)Article

Business Process Reengineering

...Business Process Reengineering Part – I Why should BPR be considered by an organization? Feltes and Karuppan, in an article written in 1995, had commented that reengineering actually consists of getting down to the business of doing business. (Feltes and Karuppan July 1995) Though it might sound rather rhetorical, but their definition of business process reengineering had quite aptly described a phenomenon that has become possibly the single most influential concept in the world of management. According to Hammer and Champy, leading proponents of business process reengineering; this new concept consists of “fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical, contemporary measures...
12 Pages(3000 words)Article

The Growth of Retail Business in India

...The Growth of Retail Business in India A - Area of Study Next was founded by Joseph Hepworth in Leeds in 1864 as a tailor under the name of Joseph Hepworth & Son. Next Plc is a FTSE-100 retail company employing over 40,000 people across the UK and Europe, and increasingly in Europe. The Head Office and Next Directory Contact Centers are based in Leicester in the East Midlands. It has 500 stores and numerous Distribution and Warehouse operations. It is a British retailer marketing clothing, footwear, accessories and home products. In India the growth of retail business is at its budding stage. Organized retail business has a grasp of nearly 7% in Indian Market and there is umpteen opportunity for its development. Off late big brands...
6 Pages(1500 words)Article

Running a Self-Owned Business

...Running a Self-Owned Business In the current market environment, where the degree of competitive rivalry is very high, starting a new business involves several risks particularly when it is a sole trading firm. The success of a sole trading organization depends on the nature of its business to a great extent, and hence developing a potential business idea is the key to running a sole trading business ensuring profitably and long term sustainability. In addition to the intense competition threats, increasing legal and environmental regulations become potential barriers limiting the market scope of new business ventures. However, running a self-owned business is much better than being employed for someone and working all day. When running...
6 Pages(1500 words)Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Business Ethics Article for FREE!

Contact Us