Ethical Theories
The objective of this study is to explain ethical theories and apply that knowledge to how organizations would function were they to adopt those ethical principles. In addition, this study will examine punishments for corporations and present ideas about the relationship between ethical demands on business entities vs. those on individuals in society This study will first select a Not-for-Profit and a For Profit organization specifically those of Susan G. Komen and Merck.
Nancy G. Brinker made a promise to her sister Susan G. Komen, who was dying that she would do all in her power to bring an end to breast cancer and in 1982, Susan G. Komen, a not-for-profit was launched and became the global movement for breast cancer. More than $2.5 billion has been invested in fulfilling the promise that Brinker made to her sister and toward working to bring about an end to breast cancer in not only the United States but throughout the world.. This is being accomplished through "ground-breaking research, community health outreach, advocacy and programs in more than 30 countries." (Susan G. Komen, 2014, p. 1) The Komen corporation has held a critical role in the fight against breast cancer including: (1) more early detection and more effective treatment; (2) more hope; (3) more research; and (4) ultimately more survivors of breast cancer. (Susan G. Komen, 2014, paraphrased) Merck is a for-profit...
This calls for both physical and mental strength (Army Regulation 600-100, 2007). Comparing my organization's code of ethics with my own, I conclude that on literal grounds it is similar in many ways. The ethical code of the U.S. Army calls for being dutiful, honest, fulfillment of obligations and tolerance towards others. However, I feel that in many ways these ethics are not practically put into practice the way they
Ethics and Morality: The Theories of Ethics and Morality The subject in this case faces an ethical dilemma, where she has to choose between reporting an ethical concern and just playing along or doing nothing at all. Both choices have serious consequences -- reporting would mean that i) she loses her job and livelihood because of a confidentiality breach, and ii) she stops her organization from producing the environmentally-friendly hovercraft, and
Organizational Ethics and Corporate Social Responsibility A. Create three corporate policies that reflect the organization’s culture and ethical viewpoints · Encourage the empowerment and engagement of all employees in corporate decision making · Collaboration within the workplace at all times and leadership development · Active involvement and participation in the communities in which our business operations are present 1. Explain the rationale behind the policies, including how they align with the organization’s culture · The rationale
PERSONAL & ORGANIZATIONAL ETHICS Personal and Organizational Ethics Values for, for-Profit and Non-Profit Organizations Ethics is a requirement of the society to both individuals and organizations. Ethics are applied to business and personal behaviors, and are used to determine how companies and individuals abide to policies. To indicate the application of ethical principles in organizations, an analysis is carried out of For-Profit and Non-For-Profit organizations, in this case Bank of America and
D.). Values are the personification of what an organization stands for, and should be the foundation for the behavior of its members. A disconnect between individual and organizational values often leads to dysfunction. "Additionally, an organization may publish one set of values, perhaps in an effort to push forward a positive image, while the values that really guide organizational behavior are very different. When there is a disconnect between stated and
Asian and Indian Approaches to Ethics and Theory Business ethics is a form of applied ethics dealing with moral rights and wrong. (Thite, 2013). In the contemporary business environment, a firm orientation to corporate ethics is influenced by its organizational culture, and India has become one of the rising superpowers in the contemporary global economy where HR (human resources) are very critical for organizational strategic advantages because effective management of employee
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