Business Ethics Case Studies Samples For Students

Heileman Brewing Company was struggling under a load of debt, and it was looking for a segment of the market for beer that could help it stay afloat. As well as the internal financial problems, the brewing company was stuck in an industry full of problems. A few years back, the beer market was supposed to reduce by 2.1 percent in the previous year. This reduction was due to the rising awareness of many social and health issues associated with alcohol. Heavy drinking affects the functioning of the liver and as a result, cirrhosis. Alcoholic beverages were required to carry warnings ...

Ethics is the principle of conduct governing an individual or group. It is also a study of morality. Ethics is the discipline that examines the moral standards of a person or the moral standards of the community. Ethics asks whether those standards are applied to our life and whether they are reasonable or unreasonable. Business ethics is the specialized study of moral right or wrong that focuses on business institutions, activities and organizations. Business ethics is the study of moral standards and how they apply to social systems and organization through which modern societies are supplied with goods and services. Business ...

Starbucks vs McDonald´s Business Ethics and Compliance

This document aims to compare Business Ethics and Code of Conduct of two competing companies: McDonald´s and Starbucks. Strategic values and the image of the brand illustrate the differences between the two companies and their approach and formulation of the constructs of Business Ethics. Starbucks mission statement is: “To inspire and nurture the human spirit—one person, one cup, and one neighborhood at a time”. The statement is concise and inspiring, bringing the core idea of the business – be part of the community and grow together with internal and external stakeholder. Starbucks does not try to position itself as a ...

Introduction

People have always adhered to compliance with rules, regulations and standards that govern everyday living. Most people are aware that there are universal codes of ethics and morals that guide in decision making, as well as in the assuming the expected conduct of behavior. Ethics, most especially, is crucial in business. As asserted by Pitts & Kamery (2003), “ethics are important to firms for a variety of reasons: including the legal responsibilities of the executives, costs of violations, and reputation” (p, 79). Likewise, organizations that design ethical codes of conduct were proven to be more successful and last longer (Wadhwa, 2009; Worcester, ...

Nineteen seventy-one Starbucks opened in Seattle’s popular Pike Place Market. Joining the company in 1982, Howard Schultz proved the driving force behind the rapid success of the company by creating a retail coffee-bar culture. By 1985, Schultz’s confidence in his European inspired idea presented Starbuck’s first café latté in the new downtown location as well as introducing its Christmas Blend. This set the momentum resulting today in the organization operating close to 17,000 stores across 55 countries around the world and remains “the third largest chain restaurant in the Unites States” (Farrell, Fraedrich, and Ferrell 319).
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Introduction

- Background of the Organization
In this paper, the Four-Part Model is applied in the context of the social responsibility activities of the Coca Cola Corporation. In this regard, the specific components of this model will be discussed, and the effects of their application within this organization will also be analyzed. The Coca Cola Corporation is one of the largest soft-drinks` manufacturer in the United States and the globe at large. The company`s operations are found in almost all the countries in the world, and its corporate social responsibility programs are also run parallel to the company` ...

Module 1 – Case

Part A
1a. Sims, R. (2002). Teaching business ethics for effective learning (1st ed.). Westport, Conn.: Quorum Books.

1b. Reflection through Debriefing in Teaching Business Ethics

1c. The Environment for Teaching Business Ethics is very important (Sims, 2002).
1d. There is an ascent in the in teaching business ethics in various faculties with the level headed discussion of who is obligated to teach the topic begins. Since most business faculties have zero formal training with the regards to ethics, the presumption made is, faculty trained especially in ethic ought to play the part. Be that as it may, there are critiques against ethics and the most critical ...

Business ethics

Business Ethics

Walmart Stores Inc. is founded on value-based and code of ethics principles. The value based and code of ethics helps the organization’s leadership in making appropriate decisions. The basic beliefs of the Walmart Stores Inc. focus on excellence achievement and code of ethics. The vision of the Walmart Stores Inc. is based on the global ethics in promoting ethical culture to its global stakeholders. Business codes of ethics are essential for an organization in making right decisions and acting with integrity (Kenny, 2007). Walmart Stores has strived in serving its customers with acts of integrity within ...

Ethics is the accepted code of conduct (principles of wrong or right) that control the behavior of an individual, an organization or group of a profession. It is always considered to be a factor of variation in politics, economic growth, culture and legal systems. Particular practices might be unethical when viewed by other countries' standards. Most common ethical issues are related to human rights, labor standards, and financial standards, accounting standards, environmental regulations, moral obligations, and corruption.
The international business setting, through its economic and cultural diversity, time and again exposes foreign executives to significant challenges. On a short ...

Introduction

There are certain actions that have to be considered by an organization in order to become economically and strategically prosper and perfect. It is profitability and economic expansion for that an organization always strives for and in order to expand positively, effective decisions should have been taken considerably. Apparently, cost and profitability are the only two elements that deem important for an organization, but it is also important for them to adhere with the compliance accordingly and effectively.
Ethics is basically referred as norms and dos of an activity and it is solely responsible for the economic and ...

1.
The case study is focused on describing unethical practices adopted by CompCARE a subsidiary of PharmaCARE. The company is involved in workplace discrimination, and not managing safe appropriate working conditions. All people involve in the processes and getting impacted by the ParmaCARE operations are stakeholders of the scenario. Major stakeholders in the case are: PharmaCARE, CompCARE, WellCo, employees working in the CompCARE, people of Colberia, and regulatory authorities of Colberia. WellCo recently acquired CompCARE and will get impacted by all the decisions taken by the old management in the past. Employees are facing major health challenges due to ...

Introduction

The fundamental knowledge of marketing helps organizations in developing and planning for perfect market entry strategies. Today business environment has many marketing challenges requiring an organization to use a sustainable business model that takes care of the current and future environmental changes. Entrepreneurs should focus on becoming better business people then they are currently are through following a practical approach to management. The study aims at developing a marketing strategy for R.J. Reynolds following the moral reasoning model of Caveat Emptor in order to improve the company productivity. R.J. Reynolds introduced uptown was a cigarette designed for the black smokers but the producing ...

Wal-mart is one of the largest companies in the United States and its’ neighborhood. With diverse economic activities across the world, it has managed to overcome the many impediments that are always associated with smooth running of large corporations. The company is among the top firms holding the economy of most cities across the world. In business, one has to implement ways of survival and competing successfully with other investors. For this regards one of the major strategic plans that can give you an upper hand in this field is lowering prices of your products and services. this made ...

Management Perspectives

The following Case Study will deal with QBE Insurance, revealing and discussing its organizational structure, strategies, role and legitimacy of management and also about the role of ethics and ethical practices.
QBE Insurance is one of the biggest insurance companies in the world with headquarter in Sydney. It works in all main insurance markets with general number of employers 14 500 people in 37 countries of the world. The company is listed in top 20’s largest insurance and reinsurance companies of the world. The major strategy of the company is that how they define it, to bring really ...

I. Background
The Explorer IV rig is one of three oil exploration facilities owned and operated by a large U.S. drilling company (Ciulla 221). The rig's structure and design is marked by notable segregation between U.S. expats and local Angolan workers as evidenced in galley size, dormitory privacy and, not least, hierarchical arrangement (by assigning expats to higher levels and local workers to lower ones) (Ciulla 221). Logistically and medically, U.S. expats and local Angolan workers receive different attention: where U.S. expats are moved by helicopter and are rushed to a British R.N. medical service, local Angolan workers spend ...

Executive Summary

There are set of standards and policies that guide how people behave in the places of work. These form workplace or business ethics. The ethical viewpoints include utilitarian view, deontology ethics, virtue ethics and intuitionism. From the case in accounting department, there are various considerations in the analysis of the case. This paper looks at the viewpoints mentioned and analyze them in relation to the case where Mr. Jones is reported to be developing a workplace relationship with Ms. Smith.

Introduction

Ethics in the workplace can be defined as the guidelines and policies that benchmark how the members of the organization ...

Question 1

According to the article by Joseph Johnston, he argues that stakeholders’ interests are worth in a social aspect, but they prove to be hard in imposing them. In this case, Joseph explains the objective of starting a business enterprise and compares with the social responsibilities a company is obliged to fulfill. Additionally, the social responsibilities of a company usually conflict with the main objectives of starting a business enterprise. Generally, managers are owed the responsibility of social welfare and benefit for the community at large. Therefore, a business enterprise is expected to function in favor of both shareholders’ interests and stakeholders’ interests. In practice, stakeholders ...

Specifically, how would you advise the ethics steering committee?

Major Issues faced by the Ethical Steering Committee
The major issues faced by the ethics steering committee were as follows:
Fear of RetributionFear of retribution existed among employees, which inhibited employees from sharing their ethical concerns with the management .
Measuring Effectiveness of Ethics Programs
It was challenging to measure the effectiveness of ethics programs for organizations .
Recommendations for Ethical Steering Committee
I would advise the ethical steering committee to adopt the following initiatives in collaboration with the organizations:

Advise Internal Analysis of Organizations

According to the bad apple theory, people are good or bad; and the organizations are ...

Alistair is a chief legal officer in a well-respected company involved in making lifesaving drugs. He has been asked by the board of the company to investigate rumors of price-fixing within the firm’s European offices. In the course of him doing his mandated duty, he encounters a breach in the operation of one of his firms, involving a Bosnia contract in which a very large commission was paid to Romanian distributor to deliver the kits into Bosnia.
Problem statement: Alistair as a chief legal officer has to make a decision whether this is a form of bribe and if so, whether to write a report to ...

Introduction

There have been increased awareness on ethical business and environmental degradation within the recent decades. Just like human, organizations are held responsible for their actions. This paper explores the ethical theories and concepts as they apply to the case study of the OK Tedi Copper Mine. The new CEO of BHP, Paul Anderson had just come in office and faced with the task of managing what people had referred to as the world’s greatest ongoing “environmental disaster” (Velasquez, 2012).

Utilitarianism

Utilitarianism is a normative ethical theory that places the locus of right and wrong solely on the consequences or outcomes ...

Ethics is described to be a set of social principles, codes of one’s society or particular group. Business ethics can thus be defined as the social responsibility of a company to their customers and retailers. In the case study the managers need to be assertive in their decisions and consistently honest with retailers and consumers. The case discusses the aspect of ethics on nutritional food company after unpasteurized products were distributed to different regions causing food poisoning to the consumers. In this case the sense of responsibility for the mistake may either come directly from the management or from the ...

Summary of the Case Analysis

The case “Amazon’s Big Data Strategy” highlights the strategy implemented by the leading e-commerce company Amazon, which showed remarkable performance over the past two decades. Amazon was established by Jeffrey Bezos in the year 1994 and it started off as an online bookstore only. Today, it has diversified into a number of categories and National Retail Federation ranked Amazon among the top ten retailers in the US. Similarly, its subsidiary Zappos is also on the top ten list, which Amazon bought off in 2009 in a deal worth $1.2 bn. However, the case primarily focuses on the Amazon's ...

BUSINESS: UNETHICAL BUSINESS PRACTICES

L. Dennis Kozlowski, CEO of Tyco International Scandal
A fish rots from the top down. This phrase sums up the scandal of Tyco International when its CEO, Dennis Kozlowski, was found guilty on many fraudulent accounts. His actions were in direct violation of the accounting ethics. Kozlowski was arrested along with many of his company officials as partners in crime. When the CEO of a company is involved in violating code of ethics and professionalism, the employees and subordinates find it convenient to follow suit.
Former chief executive and chairman of Tyco International, Dennis Kozlowski and firm’s CFO ...

A billboard opens immense opportunities in marketing communications for any hospital. This is one of the best methods of advertisements as it is narrative and cost effective. Placement of its billboard directly adjacent to Brianwood Medical Centre gives an edge to Crestview hospital for many reasons. Firstly, the billboard will certainly influence many of the patients who patronage Brianwood Medical Centre. Some of them may tend to choose Crestview hospital for future medical services. This gives Crestview, a competitive advantage over its rivals. Secondly, there are many patients in Oakland who do not have relation with any hospitals. The ...

Business Ethics

Ethics can be defined as the code of moral values and principles that govern how an individual or a group relate to what is good or bad. It constitutes parts of a corporate culture that deal with inside principles. As to decision-making and conduct, ethics sets standards as to what is wrong or right. In addressing moral and economic legal concerns, ethical business decision making plays a vital role in balancing both corporate and social responsibilities. This essay is going to discuss the considerations and the criteria for the process of ethical decision making in business. In addition, it ...

Many multinational corporations have a problem balancing ethics and value maximization. However, Starbucks does not have a very large problem with it because the ethics and moral responsibility is apparent in their decision making. According to their Business Ethics and compliance statement, Starbucks believes that conducting business ethically and striving to do the right thing are vital to the success of the company . Since Starbucks is traditionally known for their overpriced coffee the consumer is paying for their moral choices nonetheless. However there are some examples of questionable decisions that have been reported.

Questionable Practices

Starbucks is extremely understood furthermore thought ...

Q1: Does Monsanto maintain an ethical culture that effectively responds to various stakeholders?

The definition of whether a company has an ethical culture is usually based on what they do, how they do it, and the structures put in place by the topmost leaders to ensure that all stakeholders are duly taken care of and excesses to them are cut.
In the first instance, the activities of Monsanto are inherently problematic and carry a high risk. This is because most people and most groups around the world have an issue with the creation of genetically modified seeds and plants. Many religious people have views against interbreeding of animals and plants and since ...

Plumply’nut has been well received since its release. So far, it has been successfully serving its purpose of combating the worldwide problem of malnutrition. Most notably, it has started to affect one of the less industrialized countries and considered desperately poor in the world, Nigeria. Anderson Cooper from CBS News, together with the Nobel Prize awardee relief group Doctors Without Borders, featured the region. They stated that it was the worst and most rampant site of malnutrition. Two years later, it was claimed to have the lowest malnutrition rate (CBS, 2007).

Despite this, there are still millions ...

Determine the impact of this event on ARC’s benefits of business ethics. ( Employees' commitment, investor loyalty, customer satisfaction, and bottom line.)
Providing relief to disaster victims, facilitating people in preparing for disasters and responding to emergencies is the core business of the ARC. In the event of September 11 in 2001, the ARC benefits of ethics suffered negative impact. The organization operates independently and has about 35000 employees and about half a million volunteers. The organization has a set of policies and regulations that govern how everyday situations and issues are addressed. When the USA was under a terrorist attack ...

[Writer’s Name]

The setting is of a true story of a group of hikers on the Himalayas who came across a Sadhu, or a holy man on their way up. The group comprised Japanese, Swiss, New Zealanders, some porters and Sherpas who were very goal-oriented about their climb. They all come across the Sadhu, who was severely hypothermic and very close to death. All the group members were at different stages of their ascent and had the moral obligation of helping the Sadhu. They all did their little bit as far as it was convenient for them, but did not go the ...

Poverty and Pollution

Any environmental damage definitely and immediately threatens the present and future welfare of human beings, of plants, animals and entire ecosystem. Threats to the environment can come from two sources, namely pollution and resource depletion. Both can increase exponentially as industrialization expands. In the Third World, environmental mathematics works like this: the more factories we run the more pollution and resource depletion we have.
Pollution refers to the unintended and undesirable contamination of the environment by the producer or use of commodities like fossil fuels, plastics, chemicals and other materials organic or synthetic. Pollution seems to be the ...

Introduction

Insurance investment is a rather heated debate especially given the fact that insurance, at its core, covers risks traversing a vast range of fields and application. Investing in insurance and more specifically; when considering life insurance requires diversification of the investment field. However, in some regions and to some investment agents’, investment in one field that seems to be performing better in terms of returns becomes the most preferred option. This does not come without its challenges and inherent risks.
Leadership and administration is another important aspect that is so often neglected by many; yet its importance cannot be overemphasized. ...

One of the major ethical issues in this case study is the fact that Ford company and Bridgestone were both aware of life threatening security concerns about their product offerings but chose to let the issues go unaddressed, leading to a number of accidents, losses of lives as well as the incapacity of many users of their products, something that would have been avoided had the companies taken the least level of responsibility about the safety and well being of their consumers.
As explained in the case study, there was glaring evidence that both Ford and Bridgestone abetted the ...

Introduction

In the modern world, genetic testing at workplace is slowly trending towards becoming a controversial issue. Well from one perspective, genetic testing is perceived to be beneficial (Howard, 2011). For instance, through genetic testing organizations are able to determine side effects and illnesses in employees that might result from chemical exposure. However, there is still fear related to the testing outcome. In many articles that have previously researched on this topic, the utilitarian perspective seems to be supported. From this perspective, gene testing is highly disqualified as an invalid method of determining the hereditary diseases. Hence, gene testing has been ...

Business ethics is at present a very important business topic, and debates and dilemmas surrounding business ethics have drawn a lot of concentration from assorted quarters. This is Business misconducts have the potential to cause enormous damage on individuals, on society and on the environment. Through aiding people to comprehend more about the grounds and penalties of these malpractices, business ethics seeks, to improve the human condition.

When recounting to ethics at work, conflicts occur when one person gains at another's cost. Definitely, such scenarios of disparity can cause conflicts to happen and even outcome to condensed levels of efficiency for ...

The use of business ethics to assess business conduct in BP

In the recent years, there has been an expectation on companies to adhere to ethical standards. Every company desires to make profits and its known this is a goal that can compromise on ethics (Acheru, 2009). Employers are expected to take care of their employee safety, the environment and the public. When the ethical factors are not considered the results are catastrophic and company suffers many expenses (Flaxx, 2002). This was shown by the BP Texas city explosion. 15 workers were killed in the Texas plant explosion while 170 others were injured. There were trailers located to close to the ...

Every organization has to work on the principles of ethics and responsibility. Ethics make the foundation of every business and if ethics are not followed as such, then the functioning of the business suffers and it loses it image and reputation at a gradual pace. Sometimes, managers face ethical dilemmas where they are not able to decide whether to stick to the values of the company or opt for decisions which are better for the organization in the long run (Ford & Richardson, 2013). The given case is about the ethical dilemma being faced by George Cosgrove who is serving ...

Traidos Bank and Roche’s Drug Trial in China

Introduction
An organisation or a firm can set standards that may determine what is good or bad while making decisions. These are the ethics of an organisation, knowing what is right and wrong and deliberately choosing to do the right thing. Traidos bank prides itself on being ethical. It is guided by having six principles. The principles are, promoting sustainable development in everything that they do, respecting and obeying the laws of any country that they work in, respecting human right regardless of race and culture, respecting the environment by discouraging negative influence, being accountable for anything that they ...

Background

Enron case study dwells upon one of the most known scandals in business ethics and financial world. Founded in 1985 as a result of the merger between Houston Natural Gas and Internorth, Enron Corporation starts trading natural gas commodities in 1989. Throughout the 90s,the company was considered one of the most innovative and attractive for investment companies in the country. Renown for its unique business model and trading businesses, the company benefitted from a positive image, shareholder trust and external financing (Li, 2010). With a number of changes in leadership from Jeffrey Skilling to Kenneth Lay, who occupied ...

1. As a responsible leader, Yvon Chouinard made sure that he sets a good example to other people. He was an elite rock climber who started his career during the 1950s, but he did not only do it for the sake of the sport. He made sure that he was able to impart for the betterment of the environment. He was a leader who leads with passion, for example, his love for rock climbing made him establish the Patagonia Company that sell climbing shirts and apparels. He was not only a good leader to rock climbing enthusiast, but also ...

EXECUTIVE SUMMARY

This is a case study involving a situation where a textile manufacturer and exporter has received an order that was placed by one of their good customers in the early days of the off-season period. This offer presents equally awarding benefits but also poses a real threat in the event something goes wrong in the production process. Benefits vary from increased profits to customer satisfaction. The main danger in this offer package is late delivery which would lead to the client deducting the amount payable to the company or the manufacturer being stuck with goods that are immovable at ...

Summary:

Heinz’ wife is dying of cancer. He learned about the new drug that might save his wife but was unable to raise enough money despite tremendous effort. He asked the inventor of the drug to sell it for a cheaper price to which the latter declined. This prompted Heinz to break in to the inventor’s drugstore in an attempt to steal the drug. Should Heinz steal the drug or not?

Analysis:

Is it necessary to do a little evil to do greater good? This is one of the oldest questions that faced humanity. When a person is confronted by ...

Multinational organisations present serious challenges in complying with international and domestic ethical norms. Particularly, multinational organisations currently experience various complications in assuming full responsibility of their actions to the society and environment. The manner in which an organisation can effectively foster a culture of ethical code in all its countries of operations, how to education employees on the importance of complying with the set regulations, and the most effective means of meeting the intricate legal and compliance obligations are some of the main challenges that face most multinational organisation. Even though all these challenges are independent, the solution to these ...

PART I

British Petroleum Company Profile
BP plc, formerly known as British Petroleum, is a UK based multinational oil and Gas Company with its headquarters located in London, England, United Kingdom. As of 2012, BP is the world’s sixth largest energy company in terms of market capitalisation, fifth largest company by revenues, and sixth largest oil and gas company by production (BP. Financial and Operating Information, 2008-2012). BP is a vertically integrated organisation and it has a strong presence in all areas of the gas sector, including exploration and production, refining, promotion, distribution, power generation, and trading. The company also operates in the ...

The Monsanto Company was discovered in the year of 1901 in St. Louis, Missouri by John F. Queeny and since then has dealt in the production of diversified products intended for the agricultural and consumer market. The Company has had a tremendous development and growth rate in the past century considering their operations in a diversified range of products. These included petroleum, fiber, agricultural chemicals and also the genetically modified (GM) food crops. The companies operation has also had and experienced a fair share of economical and ethical challenges of functioning over the many years of industrialization.
The ethical issues that ...

On looking at the standards of business conduct of Starbucks, there are three aspects of the company profile that can be admired from it. Additionally, there are certain weaknesses that the business conduct generates. This is obviously based on the company’s view and explanation of what it considers their business heritage. Three positive aspects of the company’s business conduct are:
- Its detailed explanation of their ingredients sourcing: on the website, Starbucks commits to explaining in details on its ethical ingredients sourcing. This ethical sourcing information includes the company’s purchasing practices, their support of farmers ...

Discern how a more effective ethics programs and a more viable code of conduct could have mitigated the ethical issues faced by Nike.
An effective ethics program helps an organization establish a culture that has concern for their employees well being (Mullan 2010). The organization will consider employees as an important part of their business and strive to ensure that they are working in safe conditions. In the case of Nike a more effective ethics program would have ensured that they do not hire children to work for them in their factories. It is not ethical to hire children, Nike would have ...

Delineate the ethical issues and dilemmas the company faced.

The coca cola company has the largest distribution systems globally, and is also among the largest beverage companies marketing four of the world’s top five leading soft drinks (Ferrell et al 2011). There has been ethical issues and dilemmas which have caused it to lose its stand in the global market, stocks as well as deter its future growth. The company had ethical issues related to product safety where they were accused of selling hazardous products to consumers. This happened in Belgium in June 1999, about thirty school children became ill after consuming Coca Cola products. This contamination ...

Foundation Course-

- Article: Creating Shared Value
The shared value concept encompasses policies and practices to enhance a firm’s competition as well as social and economical decision in the area of operations. The government pressurizes firms and makes shared value hard to achieve. Porter and Kramer (2011, p.63) asserts that the government has to collaborate with the businesses to achieve success in the society. The shared value concept focuses to connect the society and economic progress. A society must regulate the market to influence the government policy decisions. Shared value concept recognizes societal needs created by the firms’ internal costs. ...

Part 1: Profile of USAID

USAID is an acronym that stands for United States Agency for International Development. It is a non-profit organization that carries out interventions in hard hit areas, primarily in third world developing countries. It is a federal agency of the government of the United States of America primarily tasked with delivering civilian foreign aid.
- Areas of Interest
USAID has interest in many areas around the globe. Firstly, it is important to identify the areas of operational interest for the organization. USAID seeks to help overseas people who are struggling to live a better life, live in the reins of democracy ...

The problem at Avion Incorporations needs an immediate action plan. It appears as a result of poor and uncoordinated management. Although top managers, Susan and Bill now blame Foster Technologies for the problems faced by Avion, the fact is that they are to blamed for the poor performance and inconveniencies witnessed in the recent past (Douglas D., 2002). As Kevin states, Foster Technologies should not be linked to this problem. Even if it appears that the quality of services rendered by the supplier has deteriorated, it is as a result of the pressure mounted by it by Avon. It has increased ...

Kohlberg’s six Stages of Moral Development

Lawrence Kohlberg identified six stages in moral development divided into three levels or phases:
Preconventional Level
Stage 1 — The Punishment and Obedience Orientation
Stage 2 — The Instrumental Relativist Orientation
Conventional Level
Stage 3 — The “Good Boy - Nice Girl” Orientation
Stage 4 — The Law and Order Orientation
Postconventional Level
Stage 5 — The Social-Contract Legalistic Orientation
Stage 6 — The Universal Ethical Principle Orientation
Preconventional Level
As the name of the phase connotes, people do not have yet the discipline or habit to conform or adapt to conventions. They are ...

In the analysis carried out on the MAD mining business, there were assumptions made.

The growth projected during the 2012-2013 year is assumed to take a more or less non variation trend over the period over of study. Hence the growth of variables under consideration changes at the same rate.

There has been a general assumption that there were no credit lines at the start of the 2012-2013 periods. This means that all the financing arrangements are made for assets that require heavy financial cost.

There has been a general assumption that MAD mining picks up from mixed fortunes by ensuring $million ...

Business ethics

Capitalism is an ideology, which refers to an economic system whereby the methods of production and distribution is privately owned by individuals or corporate firms. According to Shaw et al, some of the features of capitalism include; free enterprise non-restrictive government interference in the economy and maximization of consumer welfare from a free market that is based on supply and demand. Capitalism also favors freedom of individual economic enterprise, which has been protected from abuse by the government. Such actions have varied over many years from country to country. An example is slavery in Britain and the United States and ...

The given case study reflects a perfect scenario of current society; on one hand it reflects how company management adopts dominating behavior over the employees and on the other hand shows the power of employees by taking the matter to print and electronic media and other organizations, working and concerned for the welfare of people.
(1) The case is about Wolverton Mountain Company which is mainly into managing and operating retail malls in the country and about an employee of the company, named Fife who is posted in the company as security guard. Everything was running normal until company ...

Introduction

Family business ownership is a common scenario in many of the largest publicly listed firms. In a family business, one or more members within the management team are drawn from the owning family which often precipitates in several challenges. The issue of business ethics is one of the major challenges faced by family businesses yet it is a key factor in determining the performance and success in any business. The other challenges in a family owned business enterprise include conflict of interest between the family members, lack of accountability, abuse of office and authority among other challenges.
In this case study, Frank ...

1. Are subprime loans an unethical financial instrument, or are they ethical but misused in a way that created ethical issues?

Subprime loans are not considered to be an unethical financial instrument. However, their misuse results in both ethical and legal issues. Original goal of subprime lending is helping borrowers with low credit ratings or those who cannot maintain their repayment schedule to receive loans at a rate above prime loans.

Subprime loans appeared in 1970s, when social activists mobilized President Administration and U.S. Congress to deal with social injustices in home ownership, and provide loan opportunities to people from low-income neighborhoods (Eastburn 14). Since then lenders could charge higher rates to this kind of borrowers due to added risk, and ...