Business Essentials (12th Edition) (What's New in Intro to Business)
12th Edition
ISBN: 9780134728391
Author: Ronald J. Ebert, Ricky W. Griffin
Publisher: PEARSON
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Question
Chapter 2, Problem 2.12A
Summary Introduction
To explain: The pros and cons of a formal business policy or individuals own ethical standards.
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What are normative business ethics, and how can their application enable a business to create an ethical atmosphere? Discuss your opinion and support your claims/arguments with key research findings.
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Chapter 2 Solutions
Business Essentials (12th Edition) (What's New in Intro to Business)
Ch. 2 - Prob. 2.1QRCh. 2 - Prob. 2.2QRCh. 2 - Prob. 2.3QRCh. 2 - Prob. 2.4QRCh. 2 - Prob. 2.5QRCh. 2 - Prob. 2.6QACh. 2 - Prob. 2.7QACh. 2 - Prob. 2.8QACh. 2 - Prob. 2.9AECh. 2 - Prob. 2.10AE
Ch. 2 - Prob. 2.11ACh. 2 - Prob. 2.12ACh. 2 - Prob. 2.13ACh. 2 - Prob. 2.14ACh. 2 - Prob. 2.15TECh. 2 - Prob. 2.16TECh. 2 - Prob. 2.17TECh. 2 - Prob. 2.18TECh. 2 - Prob. 2.19EECh. 2 - Prob. 2.20EECh. 2 - Prob. 2.21EECh. 2 - Prob. 2.22CCh. 2 - Prob. 2.23CCh. 2 - Prob. 2.24CCh. 2 - Prob. 2.25CCh. 2 - Prob. 2.26CCh. 2 - Prob. 2.27CCh. 2 - Prob. 2.28CCh. 2 - Prob. 2.29CCh. 2 - Prob. 2.30C
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- Why are ethical values useless unless they are continually reinforced within the company?arrow_forwardDecribe perspective on an ethical decision as it pertains to the conduct of individuals, firms, nonprofit organizations, and government entities, including why and how you either made or supported/opposed that decision.arrow_forwardshould companies only focus on what is legal, rather than what is ethical? why or why not?arrow_forward
- Using the definition in course readings define Ethics, Business Ethics and Corporate Social Responsibility. The course text identifies the following approaches to ethical principles for individuals and businesses; Utilitarianism, Universalism, a Rights Approach, Justice, Virtue, Common Good and Ethical Relativism. Identify your approach of choice and explain why you prefer it.arrow_forwardIf business ethics is understood under the concept of universal values then most of the conflict among ethical values, the laws of state and the codes of the corporate world could be eliminated. Any individual, professional, corporation or small & medium business can make one or more of these universal values the focal point of their business; be it trust, integrity, fairness, compassion etc and the rest of the values will follow. Identify which two universal values influence you OR your organization/business and discuss how this influence & focus has led to ethical decision making and a better reputation for you OR your organization (Write about any ONE - yourself or your organization).arrow_forwardPlease reflect on and briefly discuss Ancient Greek Ethical philosophy. How do you think they could be relevant to the present ethical concerns/dilemmas?arrow_forward
- Choose a minimum of three key topics and describe why they should be viewed as important ethical considerations for business culture. https://www.youtube.com/watch?v=wzicXbnmllcarrow_forwardHow can a business company or organization solve unethical issues? Alternatively, how would you solve it? Justify your answer using at least two ethical views or theories.arrow_forwardUse movie the proposal to answer questions in terms of business ethics 1. What makes this situation unethical? 2. What would you do if you were in this situation? 3. Do you agree or disagree with the outcome of the situation?arrow_forward
- Why should a short-term or long-term consequence make a difference in resolving an ethical dilemma?arrow_forwardDevelop a code of ethics for your business. Tip: Your code of ethics should reflect some of your company values.arrow_forwardDoes your organization (or one you are familiar— STATE FARM INSURANCE ) have a code of ethics? What are important elements to ensure the code is effective? How can firms best ensure that their code of business ethics is read, understood, believed, remembered, and acted on, rather than ignored?arrow_forward
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