The real business of real business

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TheRealBusinessofReal Business Corporatetrustandintegrity GordonPearson Downloadfreebooksat Gordon Pearson The Real Business of Real Business Corporate trust and integrity Download free eBooks at bookboon.com The Real Business of Real Business: Corporate trust and integrity 1st edition © 2015 Gordon Pearson & bookboon.com ISBN 978-87-403-1133-4 Download free eBooks at bookboon.com The Real Business of Real Business Contents Contents Preface 12 he Interdependent Business Context 16 1.1 Introduction 16 1.2 Business Legal Background 17 1.3 Management Revolution 21 1.4 Environmental Context 23 1.5 An Economic heory of Business 24 1.6 he New Financial Context 28 1.7 Conclusion 30 he Friedmanite Neoclassical Economic Belief System (FNEBS) 31 2.1 Introduction 31 2.2 Evolution of Economic Analysis 31 2.3 he FNEBS’ Impacts 38 2.4 A Footnote on Friedman 39 360° thinking Discover the truth at www.deloitte.ca/careers © Deloitte & Touche LLP and affiliated entities Download free eBooks at bookboon.com Click on the ad to read more The Real Business of Real Business Contents Business Evolution 44 3.1 Introduction 44 3.2 Evolutionary Stages 45 3.3 Evolution and Ethical Rules 48 3.4 Evolution of Culture and Psychological Contract 57 3.5 Industry Evolution and Competition 58 3.6 Conclusion 61 he Business Ethics Movement 63 4.1 Introduction 63 4.2 he Business Ethics Approach 64 4.3 Normative Ethical heories 67 4.4 Application to Business 75 4.5 Conclusions 78 Interdependence and Business Integrity 80 5.1 Introduction 80 5.2 Ethical Performance 81 5.3 Trust and Business Integrity 83 5.4 Enlightened Self-interest 87 Increase your impact with MSM Executive Education For almost 60 years Maastricht School of Management has been enhancing the management capacity of professionals and organizations around the world through state-of-the-art management education Our broad range of Open Enrollment Executive Programs offers you a unique interactive, stimulating and multicultural learning experience Be prepared for tomorrow’s management challenges and apply today For more information, visit www.msm.nl or contact us at +31 43 38 70 808 or via admissions@msm.nl the globally networked management school For more information, visit www.msm.nl or contact us at +31 43 38 70 808 or via admissions@msm.nl Download free eBooks at bookboon.com Click on the ad to read more The Real Business of Real Business Contents 5.5 Collaborations, Alliances, Networks and Teams 91 5.6 Moral Development 98 5.7 Conclusion 101 Business Perspectives 103 6.1 Introduction 103 6.2 Business Strategy 104 6.3 Business Objectives 109 6.4 Strategic Health and Performance 115 6.5 Conclusions 116 Objectives and Responsibilities 118 7.1 Introduction 118 7.2 Survival 120 7.3 Satisfying Stakeholders 122 7.4 Pleasing Customers 136 7.5 Beating Competitors 141 7.6 Conclusion 147 GOT-THE-ENERGY-TO-LEAD.COM We believe that energy suppliers should be renewable, too We are therefore looking for enthusiastic new colleagues with plenty of ideas who want to join RWE in changing the world Visit us online to find out what we are offering and how we are working together to ensure the energy of the future Download free eBooks at bookboon.com Click on the ad to read more The Real Business of Real Business Contents Business Integrity 149 8.1 Introduction 149 8.2 Enlightened Self-Interest Revisited 150 8.3 Perception or Reality 151 8.4 Characteristic or Style 153 8.5 Calculation or Value 154 8.6 Transcultural Integrity 155 8.7 Levels of Integrity 157 8.8 Conclusion 159 Action on Trust and Integrity 161 9.1 Introduction 161 9.2 A Culture of Openness 165 9.3 Corporate Governance 168 9.4 Internal Codes of Ethical Practice 174 9.5 Making Integrity Explicit 177 9.6 Conclusion 182 With us you can shape the future Every single day For more information go to: www.eon-career.com Your energy shapes the future Download free eBooks at bookboon.com Click on the ad to read more The Real Business of Real Business Contents 10 Alternative Economic Systems 183 10.1 Introduction 183 10.2 Welfare Economics 183 10.3 Social Balance 185 10.4 Behavioural Economics 187 10.5 he New Economics 189 10.6 What hey Don’t Tell You About Economics 191 10.7 Conclusion 193 Bibliography 195 Endnotes 202 www.job.oticon.dk Download free eBooks at bookboon.com Click on the ad to read more The Real Business of Real Business List of Figures List of Figures Figure 3.1 – Industry Phase Changes 59 Figure 6.1 – Hierarchy of Business Objectives 111 Figure 7.1 – Objectives and Transactions 119 Figure 7.2 – Product Attributes 138 Download free eBooks at bookboon.com The Real Business of Real Business List of Tables List of Tables Table 3.1 – Systematic Business Evolution 45 Table 3.2 – Phases of Ownership and Control 49 Table 3.3 – Control and the Psychological Contract 58 Table 3.4 – Control and Organisational Culture 58 Table 3.5 – Industry Progression and Competition 60 Download free eBooks at bookboon.com 10 ... develop professional expertise Download free eBooks at bookboon.com 13 The Real Business of Real Business Preface he importance of trust and integrity for the real business of real business is... proportion of these inancial businesses have changed their efective roles so that rather than supporting the inancial needs of the producers, they are extracting value from them So the second Real Business. .. bookboon.com 16 The Real Business of Real Business The Interdependent Business Context Businesses also necessarily interact with local communities and with the whole population in their treatment of the
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