Personal Ethics Situation #1 In this situation, which involves a company complaining about another company, the values of honesty and time are reflected. The status indicated, where consideration should be given to the selling company because time is not an important factor in their culture, is quite disappointing and has changed my views. Based on my point-of-view on ethics, any parties involved in a business transaction must respect the culture of the other

" This particular cultural value system in fact helped me to assimilate more easily into the two institutions in which I spent most of my working life. The work ethic is defined as follows: The work ethic is a cultural norm that advocates being personally accountable and responsible for the work that one does and is based on a belief that work has intrinsic value." (Hill, R.B. and. Petty, G.C. 1995)

Despite its conservative image, IBM is known for its philanthropy as well as its technical innovation. Thus, I became an IBMer. My mother, as a woman still struggling with her career in the business world almost thirty years ago, at first disapproved. IBM had a reputation as a male-dominated company -- but male did not necessarily mean misogynist, in my mind. For twenty years, it was my home. Although I

Therefore, corporations have had to change their viewpoints and start looking at the long-term consequences of their behavior, as well as looking at the bottom line. Businesses also have to be concerned because consumers have also become aware of environmental concerns, and many consumers are demanding earth-friendly products and have shown a willingness to pay more money to competitors who observe environmentally-friendly practices. Interestingly enough, this demand has given rise

Ethics According to the dictionary definition, ethics refer to the "set of principles of right conduct, or more specifically, "the rules or standards governing the conduct of a person or the members of a profession." Ethics and morals are closely related, but ethics is the term more commonly used in the professional realm, whereas morals generally refer to guidelines for personal behavior. Both ethics and morals are reflections of beliefs and

Ethics and Decision Making Values and Decision Making The process of making a moral or ethical decision is governed largely by the values that are applied when making the decision. In any case where a decision is being made, there are a range of values that can potentially impact the decision. These include personal values, organizational values, and cultural values. The value system that is most significant will depend on both the