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

Business Ethics - Essay Example

Comments (0) Cite this document
How would you react to a CEOs statement that, on moral grounds, she had decided to let the workers in her chemical plant decide for themselves (1) whether or not to work overtime in the more dangerous parts of the enterprise and, separately, (2) whether or not to wear protective…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.6% of users find it useful
Business Ethics
Read TextPreview

Extract of sample "Business Ethics"

Download file to see previous pages the CEO’s statement, of giving the employees the liberty to choose whether or not they would like to wear the protective clothing are not ethical neither is it a right choice on moral grounds. There are numerous chemicals used on a daily basis and in some of the cases there is a high majority the use of the chemicals and the effects of the chemical in terms of immediate or even long term is not recognized. Being a CEO of a chemical company, it is essential and mandatory for them to consider the possible issues that will be faced by the employees in the company.
a) Whether Overtime is hazardous to health and the working environment: Based on the utilitarian theory and ethical concepts, it is seen that overtime is not very beneficial for any employee especially not in a chemicals industry (Blum, 1993). The effects of the chemicals are very high in the normal eight hours job basically. So leaving it for the employees to choose on whether or not to work for higher number of hours is not ethical. It is not even a choice based on the moral grounds and it is necessary that the CEO take up the responsibility to make sure that the employees have a fixed number of hours of work every week. Being a leader for an industry the CEO is expected to be aware of the damages that the chemicals can cause the employees in the time they are exposed to the chemicals, hence it is necessary that the CEO on humanitarian grounds at least ensures that the employees are not permitted to work for higher hours. Also it is the responsibility of the top management to bring in the rules and regulations in the company where the employees need to wear on the protective clothing during the shift hours and at all time while dealing with the chemicals. This should be the case not only for the harmful chemicals but for all chemicals irrespective of the degree of damage it could cause to the employee handling it (Blum, 1993). Although it has been clear from researches and studies that the amount of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Business Ethics Essay Example | Topics and Well Written Essays - 1500 words - 7”, n.d.)
Business Ethics Essay Example | Topics and Well Written Essays - 1500 words - 7. Retrieved from
(Business Ethics Essay Example | Topics and Well Written Essays - 1500 Words - 7)
Business Ethics Essay Example | Topics and Well Written Essays - 1500 Words - 7.
“Business Ethics Essay Example | Topics and Well Written Essays - 1500 Words - 7”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Business ethics

... than those that lack a clearly stipulated code of conduct (Weiss 72). Therefore, it is necessary for those businesses aiming to raise their profits to adopt and set an ethical approach that will govern the conduct of the employees and their mangers to enhance discipline and integrity. The levels of business ethics Business ethics is classified into the following three classes; the macro level, the individual and the corporate level. The macro level of business ethics defines and stipulates the role of business in the international fraternity. It further elaborates the different political and social systems like the free enterprise, centrally planned economies among others. The business tends to differentiate between ethical and unethical...
4 Pages(1000 words)Research Paper

Business Ethics

...? TEACHER 17 May Business Ethics Case Study This was an interesting case study where business and legalethics are to be considered. The issue in all four of these questions lies in the notion of whether an individual should receive preference over the masses, or should the interests of the masses be considered first. As with most ethical decisions, there is likely no one solid answer, but I have done my best below to provide some possible courses of action that the judge in this case could consider. Question 1 In this situation, Mr. Groetsch has done nothing wrong. As such, he is under no obligation to allow other people to handle his personal fight against Securities America. He is convinced that he has been financially damaged...
5 Pages(1250 words)Case Study

Business Ethics

..., structures as well as principles in the global context. However, the objective towards attaining significant development in the code of conducts gives rise to several challenges regarding an effective practice of business ethics within the organizational framework (DeGeorge 9). Thesis Statement This essay intends to evaluate the case of Electrocorp, a computer component manufacturing company allied with the automobile industry identifying moral issues in relation to the case at hand. Explanation to the Case at Hand Electrocorp is an US based electronic products manufacturing company that serves with computer components for automobiles. According to the case it has been observed that the organization is...
5 Pages(1250 words)Term Paper

Business Ethics focusing on low interest mortgage business. Entering emerging market will not be easy for HSBC due to strict regulatory framework of countries like India (Reserve bank of India) and China. Retail deposit might increase funding cost for HSBC in near future (Source: HSBC, 2011) Business Ethics Business ethics has evolved as a significant management concern for organizations in present time. Many organizations in USA have understood the importance of business ethics and have therefore designed ethical assistance lines for employees to report business and ethical concern...
13 Pages(3250 words)Essay

Business Ethics

Getting a Mortgage This is a bad period for banks and mortgage companies. A U.S. Army sergeant David Brash had taken out a $160,000 mortgage on ahome in Columbus, Ga. His monthly payments were set up for $1,300. But his mortgage payments, automatically deducted from his salary, were not going through. There has been a steady stream complaints of customers dealing with banks on their mortgages. Recently JPMorgan was found to illegally close on 14 military families, placing their homes in foreclosure after overcharging them on their mortgages. Currently the states attorneys general in all the states are investigating how mortgage companies have violated laws in pursuing foreclosures by "robo-signing" paperwork on mortgages. In court...
1 Pages(250 words)Article

Business Ethics

...? SEC Charges India Company in $18 Accounting Fraud The SEC charged Indian company Satyam Computer Services $10 to settle a fraud case against them. The company was listed on both the Indian stock exchange and the New York Stock Exchange. Their business was mainly outsourcing. Between 2005 to 2009 they created over 6,000 phony invoices to doubled their assets on the company's books, reflecting an overall increase in value of the company. The SEC also fined the company's accountants, Price Waterhouse, $6 million for allowing the fraud to go on without reporting it. In effect, the accountants were complicitors in the scheme. The was recently taken over by the Indian government who also placed criminal charges against its several executives...
1 Pages(250 words)Article

Business Ethics

...? (Assignment) Business Ethics I According to Kant’s principles, it is the intention behind an action, not its consequences, that makes the action good. In other words, persons of good will do their duty because it is their duty to do so. Kant identified two kinds of duty (imperatives). The first one is hypothetical imperative which states “if you want to achieve Y, do A”. For example, to achieve good grades, one requires to study. The other group of duty is categorical in nature, and is based on the fundamental principles of ethics. In this case, there are no ifs and buts. However, a close look reveals the fact that applying Kant’s principles into the modern business world is a tough task due to many reasons. The first such issue...
6 Pages(1500 words)Essay

Business ethics

...ISSUED 1,749.0 908.0 1,201.0 1,180.0 Long Term Debt Repaid -1,335.0 -1,112.0 -503.0 -1,058.0 TOTAL DEBT REPAID -1,335.0 -1,112.0 -503.0 -1,058.0 Issuance of Common Stock 20.0 54.0 45.0 43.0 Repurchase of Common Stock -226.0 -501.0 -575.0 -- Common Dividends Paid -569.0 -604.0 -637.0 -658.0 TOTAL DIVIDEND PAID -569.0 -604.0 -637.0 -658.0 Other Financing Activities -96.0 -18.0 -97.0 -37.0 CASH FROM FINANCING -457.0 -1,273.0 -566.0 -530.0 Foreign Exchange Rate Adjustments 5.0 3.0 1.0 1.0 NET CHANGE IN CASH 660.0 -601.0 -281.0 -64.0 (Waste Management, 1) Business Ethics Business ethics engrosses the principles and standards that guide conduct in the business arena. Many organizations face significant threats to control business ethics....
4 Pages(1000 words)Term Paper

Business Ethics

... of ethics in business. In line with this, the definition of business ethics vary based on the conception of the topic under discussion. One topic of discussion in business ethics involves the issue of child labor, which is crucial as business organizations seek to achieve a global perspective in conducting business. In effect, it is important to understand the issue of child labor, as an important topic in business ethics, and highlight approaches that business organizations take in order to deal with this issue. To begin with, it is crucial to understand the concept of child labor. There are varying international principles provided by labor organizations, such as ILO, which provide different definitions of intolerable and tolerable forms...
5 Pages(1250 words)Research Paper

Business Ethics

...?Business Ethics Contents Ethical Theories 3 Corporate Social Responsibility 6 Ethical Issues in Advertising 6 Ethical Issues in Environment 7 Ethical Issues relating to Consumers 7 Ethical Issues regarding the Employees 8 Ethical Issues & Suppliers 8 Employing ethical approach for running a business 9 Report on an ethical issue 11 Reference 14 Meaning of Business Ethics Business Ethics describes the individual’s as well as the firm’s character which decides what is morally correct for the business & the society. In simple terms, it is nothing but a set of guidelines mentioning the acceptable & not acceptable part of the operations. These guidelines sets a boundary for the conduct of the staff which shows them what is right & what is wrong...
12 Pages(3000 words)Assignment

Sample Exam Solution in IT and Ethics

...workforce with artificial, dependent and limited knowledge. So we also have to practice the critical thinking criteria. This also enlarges our caliber but also makes us more efficient in other field of life. References 1. Akula, J. L.: 2000, Spring, ‘Business Crime: What to Do When the Law Pursues You’, Sloan Management Review s41(3), 29–42. 2. Allmon, D. E. and J. Graneet: 1990, ‘Real Estate Sales Agents and the Code of Ethics: A Voice Stress Analysis’, Journal of Business Ethics 9(10), 807–812. Amgen: 2003, codeOfconduct.html. 3. Hafner K., Markoff J. 1992. ‘Cyberpunk: Outlaws and Hackers on the Computer Frontier’; New York: Simon...
13 Pages(3250 words)Assignment

Business in Japan and South Asia

The Allies later overthrew it. ‘In the heyday of the main bank system, a stable system existed in which banks and other financial institutions mobilized and allocated savings in a high-growth economy regulated by controls over a loan, deposit, and bond issue interest rates.’ (Masahiko Aoki & Hugh Patrick, ‘The Japanese Main Bank System’ p 21).
The structure of the keiretsu was analogous to the tree layout or branched format. It was this very structure that also seems to have lent a lot of stability in the early years of its inception. Each major keiretsu had one particular bank as its primary funding nucleus. This bank lent a specific keiretsu’s member companies money because they held positi...
10 Pages(2500 words)Case Study

Business Ethics in the Case of Timberland-City Year

The purpose of this study is to focus on the ethical considerations and dilemmas faced by the organization Timberland in terms of its coalition to City-Year and the steps that are taken and should be taken for the solution of those ethical issues.

In the merger of the two organizations, Timberland and City Year, there are many ethical considerations. To develop legal business relationships between Timberland and City Year and to consider the stipulations of the required business laws, the following ethical considerations should be deemed:
  • None of City Year’s earnings should be incurred to any private shareholder or an individual.
  • City Year cannot participate in any political campaign or...
6 Pages(1500 words)Case Study

The Main Threat to Small Business

When it comes to reliability factor big businesses are able to sustain because of their track record. Big businesses are able to pacify their customers using their past successful track records.
Nowadays most of the business opportunities and orders are posted online. This means that business providers need to be well integrated with supplier systems through online facilities. The infrastructure of the business model needs to be updated. But this is not an easy task for small businesses. E-based procurement is possible only with a well-maintained network on the internet. This requires a lot of financial and technical necessities which could not be supported by small businesses. On the other hand, Big businesses are well equip...
8 Pages(2000 words)Assignment

Business Finance: Activity Based Costing

At that time, the western manufacturing companies were facing serious competition from their Japanese counterparts. The Japanese automotive and electrical products were capturing the market by their low costs. That prompted the Western companies to innovate new costing techniques that would point out their problems and lower the costs. This reason was the main catalyst in the acceptance of ABC. There was resistance by the management of companies who viewed ABC as detrimental to their interests. In addition, the cost of the impletion of ABC was huge which further disinterested the companies. But what the industry was going through in terms of innovation and competition was enough to pave the way for ABC’s smooth transformatio...
7 Pages(1750 words)Case Study

Decisions in Paradise Business Scenario

This paper discusses solutions for the Kava case study along with an implementation plan.
Kava has topography and geographic location that makes it susceptible to natural disasters such as tidal waves, tsunamis, typhoons, hurricanes, floods, fires, volcanic eruptions, and earthquakes (Decisions in Paradise: How to Be, or Not to Be, 2009). There are other issues in Kava. The population is at high risk for Avian Flu and the population faces an HIV / AIDS epidemic. The island is susceptible to petroleum skills and is an undesirable business risk due to the potential ecological state of the entire island. The region is a high risk for both domestic and foreign terrorist attacks. The costs of importing raw materials into the islan...
6 Pages(1500 words)Case Study

Professional Ethics: Chemically-impaired Nurse

The outcome of the issue shall then be presented, and then followed by a presentation of an alternative resolution of this issue. A substantive conclusion shall be drawn from this discussion and evaluation.

The chemically-impaired nurse is a nurse who has a substance-addiction problem. These substances include drugs and/or alcohol. These nurses usually have impaired functions because of their addiction to drugs or alcohol and their nursing practice is often compromised as a result of their addiction (Ellis & Hartley, 2004). A study conducted by Sullivan and colleagues in the 1980s revealed that substance addiction problems are about as great as the percentage for substance addiction in the general population (as cit...
7 Pages(1750 words)Coursework

Globalization and Business Enterprise: Climate Change

Since globalization encompasses political, economical and environmental issues, there has been much debate amongst companies on how resources are to be allocated in order to minimize climate change. Climate change is being dealt with on a global scale. The “Green investing is on the rise”, where investors are buying stocks that are environmentally friendly. New Zealand, like other countries, is supporting the cause for environmental protection by legislative measures in trade, bills regarding carbon emissions and by being part of agreements with the UN and the Kyoto Treaty.

Climate change and globalization are intricately linked. With the passage of time, many environmental issues, like global warming, have...
6 Pages(1500 words)Coursework

The Impact of Culture in Overseas Business Transactions

Diversity in culture is eminent and is closely evaluated in terms of their impact and effect on business operations especially when negotiating business deals with overseas organizations. Culture affects people – their needs, wants, aspirations, all of which the leader must tap. The value of taking into account cultural dimensions in day-to-day operations of either multinational corporations (MNCs) or global organizations must be viewed by management as training grounds for business practitioners. The evolution of business organizations has transcended barriers due to the rapid technological advancement that occurred within the last century. The classifications and categories of enterprises continue to increase due to factor...
7 Pages(1750 words)Coursework

Business Ethics of Wal Mart Company

The lack of ethics is one that results in complications such as loss of customer loyalty, inability to continue to progress in society and legalities that can cause the business to become hindered when selling products or services.

A company that is taking shape in the global market is Wal – Mart a superstore that is known for low prices on a variety of products. Consumers that are familiar with Wal – Mart often attribute the products offered by this corporation as convenient, easy to use and at lower prices than other stores. However, there are also continuous questions of how the employees, suppliers, and customers are treated when looking at ethical considerations. One of the common problems that many ha...
6 Pages(1500 words)Case Study
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 for FREE!

Contact Us