Business Ethics Article Reviews Samples For Students

Sustainable development and business ethics are interrelated in many respects. Sustainable development is understood as a form of human development where resource use aims to ensure as human needs are met the natural systems and the environment is sustained. Business ethics on the other hand refers to the principles that govern the acceptable conduct in business organizations. Any business organization that has sober set principles can easily respect the legal procedures that govern the use of resources found in the natural systems and environment. Many states have ratified laws that protect and regulate the use of resources fostering economic growth ...

1. Summary
The article “The perception of ethics in business: analysis of research results” written by Włodzimierz Srokaa and Marketa Lőrinczy represents a report based on a research conducted in the field of business ethics in Poland and the Czech Republic (Srokaa & Lőrinczy, 2015). The scholars state that business ethics is of utmost importance for modern companies that want to position themselves as serious and successful enterprises in the growing business environment. Therefore, they conclude that sustainable development of a contemporary company is not conceivable without taking into account basic elements of business ethics (Srokaa & Lő ...

Business Ethics

Business Ethics
Business ethics refer to the just principles that serve as a guideline on the conduct and management of every business. Generally, the ethical principles that apply to an individual are likewise applicable to most businesses. Some people claimed it to be just knowing about the right and wrong practices, however, a closer examination reveals that good ethical practice in the business may differ across organizations. This paper aims to provide an examination of different point of views towards business ethics.

In an article entitled The Merits of Self-leadership, the author came up with a commentary about the ...

Introduction:

The article talks about how the different ethical perspectives in the most modern world have lead to different answers to many problems. It seems that everything can be justified using the modern ethical theories as promulgated by John Stuart Mills and Immanuel Kant. It is the approach, or the perspective of looking at the things that leads to a different answer every time. In other words, there is no definitive answer to the ethical dilemmas. For example, the author of the article cites the example of closure of General Motors plan in the United States of America. He states that ...

The New York Times

Professional and Business Ethics: Managing Ethics Programs in the Workplace.
This article explains how organizations should manage their working areas. In every workplace, the organization must ensure that there is an existing ethics management plan. The Association for Practical and Professional Ethics Executive Secretary, Brian Schrag explains that a good ethics plan contains corporate values making use of policies and codes to help in decisions and behaviors. They can also involve extreme training and evaluation according to the organization. They offer guidance when ethical dilemmas occur since it is very hard to have two similar programs.
The article gives ...

Recent scandals involving the corruption of some of the biggest companies in the world has forced the public to call for the teaching of business ethics at universities. Some of the biggest scandals have included Saytam, Lehman brothers, Bernie Madoff, American Insurance Scandal, Freddie Mac, HealthSouth, Tyco, Worldcom, Enron and the Waste Management; the start of an endless list. It is hoped that ethical training will train students make better decisions however it does not address the realities of most organizations. Business ethics is useless in the face of problems with the governance and structures of an organization. It ...

Major Focus of the Article

The article titled, “Strategic Opportunity, And Anguish, For U.S. Companies That Are FIFA Sponsors” by Groves centers on the ethical decision that the sponsors of the world’s football governing body, FIFA ought to make regarding its recent scandalous allegations involving money laundering, bribery, and racketeering. Among these sponsors include the United States leading companies such as McDonald’s, Adidas AG, Nike, Coca-Cola Co, and Visa. Groves implies that all the FIFA sponsors are caught in the cross-fire, that is, between taking part in FIFA’s prosecution and capitalizing on profits. Just like all other organizations, FIFA sponsors have ...

Practices 7.3 and 7.4:

Practice 7.3
The social role of business has been predominated by the concept of corporate citizenship, which currently has several notions.
Corporate citizenship has two conventional views:
Limited view – corporate citizenship is “strategic philanthropy;” undertaking ethical, economic and legal responsibilities are done with self-interests in mind
Equivalent view – corporate citizenship is “corporate social responsibility;” undertaking ethical, economic and legal responsibilities are not presupposed with self-interests
Matten and Crane (2005) emphasized the need to introduce a “theoretically informed definition” of corporate citizenship, one that is not limited within the two conventional views, ...

Employer and employee sign working agreements that count for the employee’s working contract, agreements that amongst others, refer to non-disclosure policy, respecting the working norms and regulations, code and conduct and so on. This stands at the basis of the working relationship between employees and employer around the world. Violation of this relationship leads to terminating the working contract and in some cases, to inducing the offender employees on a black list, so that they cannot find employment in the same activity sector, as Clifford and Silver – Greenberg report (“Retailers Tract Employee”).
With these general information one could ...

Article review: Micro-moments, choice and responsibility in sustainable organizational change and transformation: The Janus dialectic.

The authors are forthright in stating the purpose of the paper as to examine and elaborate the crucial role in organizations of micro-moments in organizational transformation process. This objective of the paper is clearly reviewed across the paper as the author seeks to justify the implications to the sustainability of an organization during the change process. It is pertinent to note that the title of the article fails to acknowledge the center of the implications of the change process which the author claims to be the behavior exhibited across an organization. Both authors have a broad research scope with each ...

The financial managers are facing different challenges on a daily basis. Their duties consist of the preparation of reports, providing an oversight role in the function of accounting, managing cash of the company, and engaging in planning and investment strategies. Therefore, they are required to uphold the highest ethical standards. Ethics are the set of principles that are grounded on performing the right task by maintaining the moral values where the individual or business operates.

Article 1: The Challenges of Business Ethics – Management and the Question of Ethics

According to this article, ethics management may be considered as the component of the corporate social responsibility (Jamnik, 2011). Over the past five decades, ...

Nike is a company with a worldwide presence. The company, according to Forbes has a market value of over $86 billion as of May 2015 and stands to be 18th in the world’s most valuable brands (Forbes.com, n.d.). Nike’s most footwear products are majorly designed for a specific athletic use, for example for football, running, volleyball, cricket, just to name a few. However, a significant percentage of these footwear products are usually worn for leisure or casual purposes.
In the recent past, Nike has faced its fair share of the ethical dilemma. These ethical predicaments arise when the organization’s behavior or ...

Business Ethics

Article review
In contemporary business practice, completion among organizations is getting very keen especially as several of the communist countries have now adopted the open market system, where price mechanism determines the supply and demands of goods. Furthermore, the expectations and demands from organizations to continue to give back to the community where they operate in terms of social responsibilities and customers satisfaction are very high. Hence, it is expected that quality of service and products are not sacrifice despite these much demands and expectations.Thus, different types of quality were identified, representing stakeholders in contemporary business. These include: ...

Article Review

Hilton, Choi, and Chen’s article in the Journal of Business Ethics, “The Ethics of Counterfeiting in the Fashion Industry: Quality, Credence and Profit Issues,” discusses the ethical dilemmas that persist in the fashion industry relating to counterfeiting of fashion goods. The immensity of counterfeiting is illustrated by the authors’ example that “Worldwide the International Chamber of Commerce estimates that seven percent of world trade is in counterfeit goods and that the counterfeit market is worth $350 billion” (345). They identify the possible ethical basis for analyzing fashion counterfeiting as utilitarianism, distributive justice, the Moral Rights of Man, and ...

Article Review

The article has been written in order to find out the ethical procedures and systems adapted by organizations in developed nations and to determine whether one of the important factors responsible for explaining discrepancies in the ethical policies in various nations is culture. For this purpose, the writers carried out an extensive research which spans 2700 organizations across 24 nations and spanning across 35 diverse industries. The writers carried out a survey of these various companies over six diverse fields like governance, environment, human rights, ethical concerns, stakeholder problems and favourable services and products (Scholtens & Dam, 2007).
In order ...

Abstract

The relationship between leadership, trustworthiness and ethical stewardship is examined in Caldwell et al.'s (2010) "Leadership, Trustworthiness and Ethical Stewardship." The authors posit that ethical stewardship leads to trustworthiness, which is an important facet of leadership in organizations and businesses. In this essay, these three primary facets are reviewed and examined, the individual relationships weighed against other research on the topic. A subjective view of these facets is also included, considering the mediating lens as a potential drawback to the theory that behaving in an ethical and trustworthy way will lead to the perception of an effective leader by employees ...