Homework Help is Here – Start Your Trial Now!
Business
Management
Statement of Our Core Values Company Vision Principles Values Mission Company Principle 1 [word or phrase] Company Principle 2 [word or phrase] Company Principle 3 [word or phrase]

Statement of Our Core Values Company Vision Principles Values Mission Company Principle 1 [word or phrase] Company Principle 2 [word or phrase] Company Principle 3 [word or phrase]

Foundations of Business - Standalone book (MindTap Course List)
Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter1: Exploring The World Of Business And Economics
Section: Chapter Questions
Problem 2DQ
See similar textbooks
icon
Related questions
Question
100%
Please answer the following (refer to the picture.)
Instructions: Imagine that you have just set up your own small business, and you have become its General Manager. Based on the ideas contained in the two paragraphs above, write out a simple Company Code of Ethics that you and your company shall live by from now onward. The following is a suggested format: Statement of Our Core Values Company Vision Principles Values Mission Company Principle 1 [word or phrase]. Company Principle 2 [word or phrase] Company Principle 3 [word or phrase]
Transcribed Image Text:Instructions: Imagine that you have just set up your own small business, and you have become its General Manager. Based on the ideas contained in the two paragraphs above, write out a simple Company Code of Ethics that you and your company shall live by from now onward. The following is a suggested format: Statement of Our Core Values Company Vision Principles Values Mission Company Principle 1 [word or phrase]. Company Principle 2 [word or phrase] Company Principle 3 [word or phrase]
"When businesses and market economies function properly and focus on serving the common good, they contribute greatly to the material and even the spiritual well-being of society. Recent experience, however, has also demonstrated the harm caused by the failinas of businesses and markets. Alongside their benefits, the transformative developments of our era-globalization, communications technologies, and financialization-produce problems: inequality, economic dislocation, information overload, financial instability, and many other pressures that interfere with serving the common good. Nonetheless, business leaders who are guided by ethical social principles, Ilive through virtueș and illuminated for Christians by the Gospel, can succeed and contribute to the common good. Obstacles to serving the common good come in many forms-corruption, absence of rule of law, tendencies toward greed, and poor stewardship of resources-but the most significant for a business leader on a personal level is leading a divided life. This split between faith and daily business practice can lead to imbalances and misplaced devotion to worldly success. The alternative path of faith-based "servant leadership" provides business leaders with a larger perspective and helps them to balance the demands of the business world with those of ethical social principles, illumined for Christians by the Gospel. This is explored through three stages: seeing, judging, and acting, even though it is clear that these three aspects are deeply interconnected."
Transcribed Image Text:"When businesses and market economies function properly and focus on serving the common good, they contribute greatly to the material and even the spiritual well-being of society. Recent experience, however, has also demonstrated the harm caused by the failinas of businesses and markets. Alongside their benefits, the transformative developments of our era-globalization, communications technologies, and financialization-produce problems: inequality, economic dislocation, information overload, financial instability, and many other pressures that interfere with serving the common good. Nonetheless, business leaders who are guided by ethical social principles, Ilive through virtueș and illuminated for Christians by the Gospel, can succeed and contribute to the common good. Obstacles to serving the common good come in many forms-corruption, absence of rule of law, tendencies toward greed, and poor stewardship of resources-but the most significant for a business leader on a personal level is leading a divided life. This split between faith and daily business practice can lead to imbalances and misplaced devotion to worldly success. The alternative path of faith-based "servant leadership" provides business leaders with a larger perspective and helps them to balance the demands of the business world with those of ethical social principles, illumined for Christians by the Gospel. This is explored through three stages: seeing, judging, and acting, even though it is clear that these three aspects are deeply interconnected."
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Foundations of Business - Standalone book (MindTa…
Foundations of Business - Standalone book (MindTa…
Marketing
ISBN:
9781285193946
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS