Is the grant of a loan as well as issuance of a credit card to illegal immigrants ethical, moral or legal? Is Bank of America justified in ignoring the ethical, moral and legal issues of granting loans and credit cards to illegal immigrants? What could have been the more superior reasons for granting loans and credit cards to individuals without Social Security cards and who […]

Ethics refers to the practice of applying morals and values to various situations. In a business or professional setting, ethics can be defined as a professional code of conduct. Most professional organizations ask that their members abide by a code of ethics and have an ethics committee. Companies have a code of ethics, as well, which dictates how employees deal with stakeholders – coworkers, customers, […]

What, in your view, makes a company “good” or “bad”, particularly if you start with the idea that ethics is an important part of your evaluation? Why? According to the Webster dictionary, good is defined as a favorable character or tendency. Every company has the option of being good or bad. One wrong move can turn a good company bad and one right move can […]

Business Ethics Some commentators, such as Milton Friedman, believe that the “primary and only responsibility of business is to make money” while abiding by the law. Supporters of this point of view argue that companies’ self-interested pursuit of profit benefits the whole of society. Profitable businesses clearly benefit shareholders, but other commentators, such as Edward Freeman, argue that businesses should also benefit other stakeholders. Stakeholders […]

Over time, political intervention in business operations across the world has done more harm than good. The field of business ethics has received widespread interest resulting into a raging controversy regarding the effectiveness of the established moral codes within the business industry. Of importance to ethicists, sociologists, educators and other interest groups is the role political affiliation plays in influencing the course of business operations […]

Prior to the World War II, the industrialists of Germany, Walter Urethane, declared that the corporations have turned out to be huge and that they have developed to be an important part of the community or the society. As said by Walter Urethane, although a corporation significantly intends to pursue the personal and individual interests and revenues for the owners or the leaders of the […]

Business Ethics within Today’s Business See Yang University of Phoenix Business Ethics within Today’s Business Ethics are very important to all business people. Yet, many neglect ethics as an important part that plays a major impact upon a person’s success as a leader or advisor. Ethical dilemmas are faced everyday in the society. Which in today’s business world ethical issues like harassment, conflict of interest, […]

NOTE: 1. CASE 2, p316~324 1. Business ethics comprises A) the laws and regulations that guide behavior in the world of business. B) the morals, values, and customs that guide behavior in general. C) the principles and standards that guide behavior in the world of business. D) the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders. E) the […]