Thursday, January 2, 2020

Essay on Business Ethics and dilemma - 632 Words

Action Items 1. Review the assigned readings from the text and article by Carroll (1991). 2. Prepare a 3- to 5-page paper titled, Corporate Social Responsibility. 3. Reflect upon your text readings from Chapters 1 and 9 with a focus on the following core concepts: Organizational Social Responsibility (Chapters 1 and 9) The Ethical Decision-making Process (Chapter 1) Corporate Reputation (Chapter 9) The Corporate Social Responsibility Pyramid (Chapter 9) The Importance of Trust (Chapter 9) The Pyramid of Corporate Social Responsibility (article by Carroll and Chapter 9) 4. Read The Merck and River Blindness Case at the end of Chapter 9 of your text. 5. Compose your paper in Microsoft Word. Include your name, the assignment name†¦show more content†¦If Merck decided not to pursue development of the new drug, what implications do you see this having for stakeholder relations such as the scientists who desire the development. E.g. Is this a trust and leadership consideration? Final Decision: If you were the CEO of Merck and the final decision on this risky new drug development was yours, what would you do and why? Justify your decision. Using Carrolls theory, are you comfortable stating your opinion to the board of trustees, employees, and media? NOTE: Since this is an actual, real-life case, your focus should be on producing creative and new thinking that applies the ethical concepts to the material. Also, include an introduction and conclusion in your paper. You are encouraged to use the headings above in Action Item 7 in your paper for organizational purposes. 7. Submit your paper to Turnitin.com. NOTE: Turnitin.com is used by Franklin University to assist students in detecting plagiarism. Turnitin generates a report within minutes of submitting your paper. Your results will not be e-mailed to you; you must login to review your results. Submitting a paper ahead of an assignment deadline provides you with the opportunity to take action if you need to rewrite any part of the paper. Your professor will provide you with a class ID and password as an e-mail or a ClassShow MoreRelatedThe Ethical Dilemma Of Business Ethics995 Words   |  4 PagesIntroduction Today, business ethics is one of the most important topics in discussion. With recent scandals come to the public of huge corporations, the public has lost its trust of businesses and require ethics be important to companies. Ethics, however, is not based solely on individual employees. In order for companies to comply with ethical standards, teamwork is necessary between the employees and the organization as a whole to create an ethical company culture that guides the actions of allRead MoreBusiness Ethics Of A Real Life Business Law Ethics Dilemma1099 Words   |  5 PagesCaleb Holbrook Michael Fore GBU 204 April, 15 2016 Business Ethics Paper Two In this ever evolving world that we live in today many problems and drastic things happen. I chose a web article discussing the facts of a real life business law ethics dilemma that involves something about 99 percent of society has today. Ten years ago it was a simple flip and few keys to make phone calls or a simplistic text message; today it has evolved into a hand held computer with advances that neverRead MoreBusiness Ethics, The `` Gray `` : Ethical Theories That Will Make The Decision Easier For Her Dilemma1103 Words   |  5 PagesIn business ethics, the â€Å"gray† areas are the toughest aspects that don’t have a clear right or wrong answer, but the reaction of the other party can have a potential negative impact on the business itself. Ethically, Jill will want to avoid the negative consequences as much as possible to avoid a conflict with William Potter and Henry. Objectively reviewing Henry delegated from William to Jill will have huge impli cations as the review moves forth. In making the decision, Jill will answer the questionRead MoreQuestions On The Ethical Dilemma1625 Words   |  7 Pages1. Briefly explain the main ethical dilemma(s) in the case study. (450 words) According to the World Class Bull (2009) Chris, who is one of the SFS sales team, had sign a contract with one tough customer by using manipulative scheme towards the customer, Dale who is the CFO of Armadillo. First of all, Chris lied that he does not knows about Dale and his company, Armadillo. Besides, Chris feigns an interest on the bull and manipulates a prospect by introducing himself to Dale’s wife and then getsRead MoreEthics And The Ethical Dilemma1324 Words   |  6 PagesEthics in business has to do with making the right choices - often there is no apparent one right way and one must choose the best in the circumstances. Managers are sometimes faced with business choices that create tensions between ethics and profits, or between their private gain and the public good. Any decision where moral considerations are relevant can potentially give rise to an ethical dilemma, for example: †¢ A decision that requires a choice between rules †¢ A decision where there is no ruleRead MoreEthical Dilemmas Of A Business Leader1268 Words   |  6 PagesA business leader is seen as an influential and ethical authority figure. This ideal notion of a business leader is not always demonstrated. There are many business leaders that engage in unethical behaviors. â€Å"Ethical issues arise in every organization and throughout operations† (Collins, 2009, p. 13). Business leaders run into ethical dilemmas every day and it is up to them to make the best decision possible for the organization. Being ethical is not always easy to do in business. There are businessRead MoreEthics Code Of Professional Ethics980 Words   |  4 Pagesthe importance of AICPA’ â€Å"Code of Professional Ethics† and its components, and the influence of management perceptions on firms’ ethical environment (p. 919). Introduction. The authors study business ethics, compliance with ethics code, ethical issues, and ethical behavior of company management. The researchers concern with ethical believes of company employees and executives, and growing number of legal proceedings due to ethical issues. The ethics code help professionals maintaining independenceRead MoreAnalysis Of Seven Days, By Tim Thomas1182 Words   |  5 Pagesphilosophical movie by using business ethics as a viewpoint. â€Å"Seven Pounds† does not illustrate the difference between good and evil. This movie’s theme is to show an individuals purpose on earth. Instead of trying to pinpoint right from wrong, good against evil, the movie shows the trials and tribulations of Tim Thomas’s life. â€Å"Seven Pounds† is able to convey this with the usage of business ethics. Business ethics is a form of applied ethics or professional ethics that looks at ethical principlesRead MoreManagerial Ethics: Enron Case Study1392 Words   |  6 Pagesethical dilemma in the Enron case. A true ethical dilemma would have a dilemma component, whereas Enron was outright criminal behavior from the outset. Nevertheless, we will use this example to discuss some of the issues in managerial ethics. Theoretical Frameworks There are a number of different theoretical frameworks that have been proposed to evaluate ethical decision-making in business. Most of these are loosely based on philosophical tradition, the thinking of Kant (deontological ethics) andRead MoreAccounting Ethics677 Words   |  3 PagesAccounting Ethics: Ethics is a term that is commonly used to describe a code or moral system that serves as a criterion for assessing right and wrong. Professionals operating in the business world usually face ethical dilemmas, which are situations where a person or group is faced with a decision that tests the moral system or code. While most of these dilemmas are easy to identify and resolve, they come with temptations that test a persons or groups ethics. Similar to others operating in the

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.