International businesspeople often are confronted with difficult moral or ethical decisions. Since conscience is conditioned culturally, decisions may vary according to the culture. Businesspeople generally agree that individuals must remain loyal to their conscience. However, they also have an obligation ...
We’ve noted that business ethics refers to moral principles that serve as the foundation for how a nonprofit conducts itself and the behavior of individuals and organizations in the business world. By contrast, social responsibility is concerned with the impact of those behaviors on society and th...
Why ethics are important in such fields as business, medicine and politics? Why is ethical behavior important in the field of finance? Why doesn't every firm have an ethics officer? What are the benefits of business ethics? Why is business ethics becoming increasingly important these days? Expl...
However, the desire to succeed is both internal and external pressure, and it frequently leads to people making ethical decisions based on those pressures rather than their possess moral judgment. As consumers become more skeptical of those with whom they do business, it is important to understand...
Over the next five episodes, I visit with Vin DiCianni, founder and CEO and Eric Feldman, Senior Vice President both of Affiliated Monitors, Inc., who is the sponsor of this series. In it, we explore ethical culture and its relationship to ethics and compliance. In this first episode I ...
Why benchmarking is important in business? Importance of Bench Marking in Business: Bench marking entails comparing one's business performance and processes to the industry's best. Various dynamics like time, quality, and cost are used to evaluate its performance. ...
“Plenty of...companies donate to good causes,” she says. “It is about creating an ethical foundation, an ethical culture, and staying true to that.” Strategies For Handling Current Ethical Issues in Business Business owners looking to be ethical capitalists...
There are four important factors to consider when evaluating ethical behavior. Integrity One common factor that often plays a role in business ethics is integrity. Integrity refers to a workplace culture that is fair, equitable, honest, and just. Integrity is especially important in business ...
Play is important, even for adults. Here are some great reasons to get outside and play.【1】.Being outdoors brings the senses to life. In fact, 75 percent of students surveyed by Weekly Reader said they felt better after spending time outside. “Hiking, exploring, and fishing help ...
Chinese modernization, as has been elaborated, is the modernization of a huge population, of common prosperity for all, of material and cultural-ethical advancement, of harmony between humanity and nature, and of peaceful development. These features can find reflections in traditional Chinese culture....