Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 4, Problem 3CE
Summary Introduction
To determine: The task performed, skills needed, pay and opportunity outlook of the career.
Introduction:
Social and community
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Is virtue ethics the best model for persons who work in healthcare professions?
Utilitarian’s theory suggests that ethical action is one which promotes the greatest good for the greatest number of people. Describe different ways of defining what is good for people and explain how these might relate to the practical application of utilitarianism in business scenarios?
As a social entrepreneur, you are passionate about addressing food insecurity in your community. Outline the steps you would take to develop and implement a sustainable social enterprise aimed at combating hunger. a) How would you conduct a needs assessment to identify the root causes of food insecurity and the target beneficiaries for your social enterprise? b) Describe the strategies you would use to design a business model that ensures the long-term viability and impact of your social enterprise.
Chapter 4 Solutions
Understanding Business
Ch. 4.2 - Prob. 4.2AQCh. 4.2 - Prob. 1MEDCh. 4.2 - Prob. 1TPCh. 4.2 - Prob. 2TPCh. 4.2 - Prob. 3TPCh. 4.4 - Prob. 4.4AQCh. 4.4 - Prob. 4TPCh. 4.4 - Prob. 5TPCh. 4.5 - Prob. 4.5AQCh. 4.5 - Prob. 4.5BQ
Ch. 4.5 - Prob. 4.5CQCh. 4.5 - Prob. 6TPCh. 4.5 - Prob. 7TPCh. 4.6 - Prob. 4.6AQCh. 4.6 - Prob. 8TPCh. 4.6 - Prob. 9TPCh. 4 - Prob. 1CECh. 4 - Prob. 2CECh. 4 - Prob. 3CECh. 4 - Prob. 4CECh. 4 - Prob. 5CECh. 4 - Prob. 1CTCh. 4 - Prob. 2CTCh. 4 - Prob. 1DCSCh. 4 - Prob. 2DCSCh. 4 - Prob. 3DCSCh. 4 - Prob. 4DCSCh. 4 - Prob. 5DCSCh. 4 - Prob. 1PPTCh. 4 - Prob. 2PPTCh. 4 - Prob. 3PPTCh. 4 - Prob. 4PPTCh. 4 - Prob. 1VCCh. 4 - Prob. 2VCCh. 4 - Prob. 3VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- The three ethical theories are Ethical theory, deontological ethics, and Utilitarianism. For this discussion, identify two business practices that contradict each of the three ethical theories. Analyze and justify why do you think the practice you are providing as an example contradicts that specific theory. Please provide an accurate answer.arrow_forwardPlease help!Discuss the application of the following ethical theories/principles to public health. Provide recent examples within the field of public health which are consistent or inconsistent with these principles:UtilitarianismDistributive JusticePaternalismSelgelid (2009) wrote: âWhile public health ethicists often claim that the least restrictive alternative should be used to achieve the public health goal in question, I argue that a plausible but under-recognized idea is that the least restrictive alternative might sometimes involve improvement of global health via redistributive taxationâi.e., rather than coercive social distancing measures.â What did he mean by this? Provide arguments for and against his positionAssignment ExpectationsLength: Case assignments should be between 3 to 4 pages (750-1000 words) in length.References: At least two references must be included from academic sources (e.g. peer-reviewed journal articles)arrow_forwardExamine and clarify the significance of fairness and honesty in business as ethical issues. Analyze and outline some of the most important ethics issues that businesspeople encounter.arrow_forward
- Examine and clarify the significance of fairness and honesty in business as ethical issues.Analyze and outline some of the most important ethics issues that businesspeople encounter. Asaparrow_forwardDevelop a code of ethics for your business. Tip: Your code of ethics should reflect some of your company values.arrow_forwardHave you ever heard of the Ethisphere Institute? Take a few minutes to explore their website: https://ethisphere.com/ Summarize something that you learned about this organization on their website for your classmates. Do you think this institute has value for organizations who are attempting to build an ethical culture? Why or why not? Is your organization a member of a similar type of institute or ethical organization? If so, feel free to share your thoughts about that here.arrow_forward
- If 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_forwardFor this case, I would like for you to provide your opinion on three concepts covered in Chapter 14 (benefits). I would also like for you to support your opinion with logic, rationale, and/or accompanying information from outside sources (be sure to cite your sources). Social Security – Why is social security as it currently exists experiencing a crisis? What should be done to fix it? How do you think the plan should change? Healthcare – explain how healthcare has been affected since the passing of the Affordable Care Act. What do you think about this law? Is it good or bad? Support your opinion with data. Retirement – what do you think about employer-sponsored retirement programs? If you owned a firm, what retirement benefits (if any) would you provide your employees? What type of plans are better or worse?arrow_forwardi need this with explanation in own words not copy Utilitarian’s theory suggests that ethical action is one which promotes the greatest good for the greatest number of people. Describe different ways of defining what is good for people and explain how these might relate to the practical application of utilitarianism in business scenarios?arrow_forward
- Explain the major theories of corporate social responsibility and give a recent (2020-22) example of corporate social responsibility that falls into one of those theories. Discuss Ethical Fundamentalism, utilitarianism, Kantian ethics, Rawls's social justice theory, ethical relativism.arrow_forwardWhy is there a special need for ethical behavior by professionals? Whydo the ethical requirements of the CPA profession differ from those of other professions?arrow_forwardAs a business leader over the course of your career you will establish patterns of behavior that determine what's capable and what's not within your organization. Create a Code of Ethics for your organization that explains acceptable behavior towards employees, customers, and suppliers. Your Code of Ethics could be a list of guidelines that explains everyone's responsibilities within the organization, or statements of goals for everyone in the organization to meet or exceed, or policies that must be followed to promote ethical behavior from everyone in the organization.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON