Purchasing Ethics

• Business Ethics: We knew this problem since October, but tried to hide it with the hope that it will fade away. We will be scrutinized from an ethical perspective.

The treatment of conflicts of interest and other ethical dilemmas that may arise in investment decisions.

Diworth, J. Perterson & Seligman, (2004). The Ethical Importance of Conflicts of Interest: Accounting and Finance Examples. Business & Professional Ethics Journal, 3(1), 25-40.

It is a relevant ethical dilemma because it is a situation in which an ethical decision needs to be made by a businessman (CFO of Gabriel Resources) where viable options to this case are available which will be judged further in this essay by applying ethical theory and concepts.

1.) Seller is inquiring about the removal order items that she created last Aug. 14 and she still doesn't receive the item.

Ferrell, O.C., Fraedrich, J., & Ferrell, L. (2015). Business ethics: Ethical decision making and cases (10th ed.). Mason, OH: Cengage.

Ethics is important to everyone for the society as a whole. Whether it is in a person’s professional career or personal life, ethics and morals play an important role. The key to an organization’s success is the way they handle business ethically. Although it is not always simple to do the right thing, it is something that must be done. Conducting an Ethics Awareness Inventory is a way someone can learn how they as individuals see ethics; what is important to them the most, and what is important to them the least. I completed this inventory, and will discuss how it relates to my

Some of these problems in the supply chain often go unnoticed as the number of links between supply network members. Supplier Ethics Management is the “management of suppliers and supply relationships with strategies, programs, and metrics that better align supplier business conduct with purchaser standards, with the goal of reducing the purchaser’s overall risk of corporate integrity failure in the supply chain.“ (www.s-ox.com)

MGT 615 Radio Shack Case Page 3 of 5 3. Do you think the board’s decision to fire Edmondson was “tough” as Len Roberts suggested? Why or why not? Why do you think Mr. Roberts would have described this decision as such? The board’s decision to fire Edmondson was “tough,” as Len Roberts suggested, but in terms of ethics it is not at all tough decision, because Edmondson’s behavior violates the company’s ethics and morality. Not only

Recommendation of Issues and Topics to address when establishing a Conflict of Interest Policy for the Board.

From your perspective, did John Mackey act in an ethical or unethical manner? Consider the perspective of those that defend and oppose his actions. Explain the reasoning behind your answer.

To fully understand the nature of the question posed one must know the meaning of ethics. Webster’s dictionary defines ethics as the philosophical study of the moral value of human conduct and of the rules and principles that ought to govern it; moral philosophy, the moral fitness of a decision, course of action, etc. Basically, I believe ethics is how one makes a decision according to the social norm that surrounds him. The social norm includes not only the culture but the laws and standard procedures of the environment. These laws and norms must be fully understood before one can understand the ethical significance of one’s decision.

very important to a business is the suppliers. Supplies provide organizations with training play a very critical role in attaining a competitive edge. In case a business the materials that they require so that they run their activities effectively (Cheese 2007). The way a supplier behaves tends to have a direct impact on the business. For instance, in a situation where the supplier provides poor services, it affects the quality of the products. It is, consequently, very vital to maintain a close relationship with the suppliers so as to remain secure and competitive. As businesses require investment to grow, they introduce shareholders in the company to invest their money in the organization (Damlin, Dietersdóttir, Fornander, Brykt, Polyantseva &Sundquist 2013). Shareholders bring pressure to an organization; this is mostly because they require a profit from the money they invested. It is, therefore, essential to manage the relationship with the shareholders as well.

1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse, but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model, the sales representative is not sure that the subsequent deliveries can be made on time. Any delay in converting to the new system would be costly to the customer; however, the blame could be placed on the manufacturer. Should the sales representative close the deal without advising the customer

Imagine this scenario, you wake up one morning excited about buying a car! When you get to the dealership you 're approached by Mike, the sales man. After a three hour search he finds a bank willing to help you finance the vehicle. Other major banks would not give you a loan because of your credit score and history. In his head, Mike knows that based on your income and credit report you’re not capable of making a monthly car payment but for the sake of meeting his quota and the commission he searches for a bank that would give you a loan and sell the vehicle to you. Was Mike wrong? Some would say that he was just handling business and he is not responsible for monitoring what you can and cannot afford monthly. I want to explore what it means to do business ethically.