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Business ethics ethical decision making and case 9e

Business ethics ethical decision making and case 10e chapter 1

Business ethics ethical decision making and case 10e chapter 1

... Source: Adapted from Business Ethics Timeline,” Ethics Resource Center , http://www .ethics. org/resource /business- ethicstimeline (accessed June 13 , 2 013 ) Copyright © 2006, Ethics Resource Center ... guide individual and group behavior in business Ethical decisions occur when accepted rules no longer serve and decision makers must weigh values and reach a judgment  Values and judgments play ... part, 12 19 80s: Consolidation  Business ethics became an acknowledged field of study and firms established ethics committees  Ethics centers provided publications, courses, conferences, and seminars...
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Business ethics ethical decision making and case 10e chapter 2

Business ethics ethical decision making and case 10e chapter 2

... http://www.corpgov.deloitte.com/binary/com.epicentric.contentmanagement.servlet.ContentDeliveryServlet/USEng/Documents/Board %20 Governance/Top %20 10 %20 Topics %20 for %20 Directors %20 in %20 2011_Akin_ 120 610.pdf (accessed February 15, 20 11) © 20 15 Cengage Learning All rights reserved ... Corporate Governance Changed from 1986 20 10,” Business Week , http://www.businessweek.com/managing/content/nov2010/ca2010118_316346.htm (accessed April 2, 20 13) © 20 15 Cengage Learning All rights reserved ... Relationships and Business Building effective relationships is one of the most important areas of business today    Business ethics is a team sport and few decisions are made by only...
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Business ethics ethical decision making and case 10e chapter 3

Business ethics ethical decision making and case 10e chapter 3

... Determining Ethical Issues in Business    Most ethical issues become visible through stakeholder concerns Determining ethical issues is a challenge  Changing societal standards over time The ethical ... classroom use Ethical Issues and Dilemmas in Business  An ethical dilemma is a problem, situation, or opportunity that requires an individual or group to chose among several wrong or unethical actions ... failure to understand and manage ethical risks was a key problem in the recent financial crisis   Many firms rewarded risk-taking Difficult-to-understand financial instruments and murky accounting...
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Business ethics ethical decision making and case 10e chapter 5

Business ethics ethical decision making and case 10e chapter 5

... Improve Ethical Decisions Impossible to objectively determine if a business decision is right or wrong  Understanding how ethical decisions are made will not solve ethical problems  Business ethics ... to ethical decision making © 20 15 Cengage Learning All rights reserved May not be copied, scanned, or duplicated, in whole or in part, Framework for Understanding Ethical Decision Making in Business ... Framework for Ethical Decision Making in Business  In business, people make decisions differently than at home  Organizational pressures have a strong influence  The ethical decision making process...
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Business ethics ethical decision making and case 10e chapter 6

Business ethics ethical decision making and case 10e chapter 6

... 13 Virtue Ethics Ethical behavior follows conventional moral standards and compares behavior against a standard “good” moral character  Can be summarized as     Good corporate ethics programs ... classroom use 15 Moral Philosophy and Ethical Decision- Making Individuals use different moral philosophies for personal decisions than they use for work-related decisions  Two things may explain ... act produces value, accept it as ethical Idealism: Places special value on ideas and ideals as products of the mind  Positive correlation to ethical decision- making Realism: The view that an...
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Business ethics ethical decision making and case 10e chapter 7

Business ethics ethical decision making and case 10e chapter 7

... Source: Ethics Resource Center, 2011 National Business Ethics Survey: Workplace Ethics in Transition (Arlington, VA: Ethics Resource Center, 2012), 21 2 371 5_ch 07_ lores_181212.indd 195 13/ 07/ 13 5:14 ... in part, 10 Ethics and Corporate Culture  Ethical corporate culture is a significant factor in ethical decision making  If a firm’s culture encourages/rewards/does not monitor unethical behavior, ... benefit and the risk of being caught is low * Estimates based on the author’s research and reports from ethics and compliance officers from many industries 2 371 5_ch 07_ lores_181-212.indd 205 13/ 07/ 13...
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Business ethics ethical decision making and case 10e chapter 8

Business ethics ethical decision making and case 10e chapter 8

... the best and most ethical producers of goods and services Source: “Ten Benefits of Having an Ethics Code,” Josephson Institute Center for Business Ethics, http://josephsoninstitute.org/ business/ blog/2010/11/tenbenefits-of-having-an -ethics- code/ ... for Ethics/ Compliance Standards and procedures, such as codes of ethics, that are reasonably capable of detecting and preventing misconduct High-level personnel who are responsible for an ethics ... whole or in part, 14 Ethics Officers Ethics officers are responsible for managing the ethics and legal compliance programs         Assess needs and risks Develop and distribute the code...
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Business ethics ethical decision making and case 10e chapter 9

Business ethics ethical decision making and case 10e chapter 9

... Volunteer Vancouver, July 199 9), and Sandra Waddock and Neil Smith in “Corporate Responsibility Audits: Doing Well by Doing Good,” Sloan Management Review 41 (2000), 79 © 2015 Cengage Learning ... use Stages of an Ethical Disaster   Ethical misconduct disasters progress in stages  Ethical issue recognition  The decision to act unethically  Organization’s discovery of and response to ... accessing and reporting a business s performance in fulfilling its economic, legal, ethical, and philanthropic responsibilities expected by stakeholders   Broader in scope than an ethics audit An ethics...
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Business ethics ethical decision making and case 10e chapter 11

Business ethics ethical decision making and case 10e chapter 11

... Strong Ethical Leaders Ethical leaders have strong personal character Ethical leaders have a passion to right Ethical leaders are proactive Ethical leaders consider all stakeholders’ interests Ethical ... models for the organization’s values Ethical leaders are transparent and actively involved in decision making Ethical leaders take a holistic view of the firm’s ethical culture © 2015 Cengage Learning ... necessarily unethical, but they care little for ethics within the company  Does not listen to employees and does not communicate well Ethical leaders include ethics at every operational level and stage...
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Business ethics ethical decision making and case 10e chapter 12

Business ethics ethical decision making and case 10e chapter 12

... is a tool for ethical decision making and financial performance © 2015 Cengage Learning All rights reserved May not be copied, scanned, or duplicated, in whole or in part, Ethical Decisions Affect ... reaching and controversial issues relate to the air we breathe  Water  All businesses must think about water conservation, purification and allocation  Land  Businesses have an ethical responsibility ... information, both positive and negative  Companies can use their brand identity to create social value, quality and customer loyalty  Allows a firm to differentiate themselves and promote their products...
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DECISION MAKING AND THE ROLE OF ACCOUNTING pot

DECISION MAKING AND THE ROLE OF ACCOUNTING pot

... cost accounting, accounting information systems, budgeting, taxation and internal auditing Not-for-profit accounting involves many of the problems and decisions Decision Making and the Role of Accounting ... mechanically sound? 10 Decision Making and the Role of Accounting 1.2 No set answer, but remember the steps outlined in the chapter in the decisionmaking process? 1.3 The purpose of accounting is to ... main users of the reports, (2) the types of reports produced, (3) the frequency of reports, (4) the content and format of reports, and (5) external verification How the accounting profession is...
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