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Aleksandr [31]
3 years ago
5

Business ethics are not divorced from personal ethics, which are generally accepted principles of right and wrong goverming the

conduct of individuals Our personal ethical code exerts a profound influence on the way we behave as businesspeople. Why do managers behave in an unethical manner? There is no simple answer to this question, for the causes are complex, but some generalizations can be made. Many managers have made poor ethical decisions while engaged in intenational business. Many of these ethical issues are rooted in the variations among nations in their political systems, law, economic development, and culture. What is considered normal practice in one nation may be considered unethical in another. Consider the following workplace scenarios and then match it with the corresponding determinant of ethical behavior Read the hypothetical company situations and drop them into the correct determinants of ethical behavior. Use the roll-over hints to help understand each term and company situation. Eliminates Values CEO Gift Giving Considerations Decision-making processes Personal ethics Unrealistso performance Leadership Organizational culture expectations..
Business
2 answers:
777dan777 [17]3 years ago
7 0

Personal ethics

Explanation:

Personal ethics applies to the ethics that a person who identifies with in respect to the people and circumstances that they contend with in everyday life. Professional ethics means the ethics a person has to adhere to in relation to their professional relationships and business transactions.

The principles of personal ethics are:

  • Concern and respect for the autonomy of others.
  • Honesty and the willingness to comply with the law.
  • Fairness and the ability not to take undue advantage of others.

Ethics also shield members from harmful actions, such as success, money and power. They also help individuals gain a sense of truth and meaning of life. Unless you have some idea of knowing what is right and what is wrong people have no way to live and feel free to do whatever they want.

An ethical culture community offers a culture that supports the ethical conduct of the organization's members. Unethical conduct is any activity of a member who does not comply with the standards established by the organization's culture.

nikklg [1K]3 years ago
3 0

Answer:

Personal ethics

Explanation:

Personal ethics applies to the ethics that a person who identifies with in respect to the people and circumstances that they contend with in everyday life. Professional ethics means the ethics a person has to adhere to in relation to their professional relationships and business transactions.

The principles of personal ethics are:

Concern and respect for the autonomy of others.

Honesty and the willingness to comply with the law.

Fairness and the ability not to take undue advantage of others.

Ethics also shield members from harmful actions, such as success, money and power. They also help individuals gain a sense of truth and meaning of life. Unless you have some idea of knowing what is right and what is wrong people have no way to live and feel free to do whatever they want.

An ethical culture community offers a culture that supports the ethical conduct of the organization's members. Unethical conduct is any activity of a member who does not comply with the standards established by the organization's culture.

THANKS

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Explanation:

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Sweetmeats Inc., a deli, produces its own grains, such as corn, wheat, rice, and oats. The employees create different types of b
Minchanka [31]

Answer:

Cost advantage.

Explanation:

In this scenario, Sweetmeats Inc., a deli, produces its own grains, such as corn, wheat, rice, and oats. The employees create different types of breads without having to buy the grains from other sources. This has helped them sell their bread items to customers at much lower prices than other neighboring delis. This scenario best illustrates a cost advantage.

Cost advantage can be defined as the factors, benefits or edge which an organization has to produce its goods and services at a cheaper rate and better quality, over its competitors or rivals in the same industry. Some of these factors include availability of raw materials, branding, skillful workforce, intellectual property, quality distribution channels, favorable location, great customer services, superior technology, etc.

6 0
3 years ago
The ideal, initial step leading to implementation of an effective employee communications program should begin with
Lyrx [107]
<span>Should begin with immediate and effective comments/responses from all employees. There should then be meetings held to discuss the findings and to elaborate on what can be done to begin forming an effective communications program for all employees.</span>
8 0
3 years ago
Shale Oil Corporation combines its assets and debts with those of Tierra Frakking Company to form Unified Resources, Inc. Shale
andriy [413]

Answer:

1. c. a consolidation

2. a. all of Shale's and Tierra's assets

3. c. all of Shale's and Tierra's debts

Explanation:

1. When multiple companies join up together to form a new company, this is called a Consolidation which is what Shale Shale Oil Corporation and Tierra Frakking Company did when they formed Unified Resources, Inc.

2. In a Consolidation, the previously separate companies move in with all their debt and assets to form the new company. As such, Unified Resources acquires all of Shale's and Tierra's assets.

3. As previously stated, in a Consolidation, the previously separate companies move in with all their debt and assets to form the new company. As such, Unified Resources assumes all of Shale's and Tierra's debts as well.

7 0
3 years ago
Justin, a real estate salesperson with City Brokerage, received a referral fee after referring a client to Mark, another real es
Ganezh [65]

Answer: Justin's sponsoring broker

Explanation:

From the question, we are informed that Justin, a real estate salesperson with City Brokerage, received a referral fee when he refered a client to Mark, who is another real estate salesperson with City Brokerage.

The person to pay Justin his referral fee will be Justin's sponsoring broker. It should be noted that when another agents gets a referral from an agent, the sponsoring broker is the one who gives the referral fee to the referring agent.

8 0
3 years ago
Below are approximate amounts related to retained earnings reported by five companies in previous years. Coca-Cola reports an in
NemiM [27]

Answer and Explanation:

The computation is shown below:

1. Amount of dividends of Coca-Cola is

=  net income - Increase in retained earnings

= $6.9 billion - $3.2 billion

= $3.7 billion

2. Amount of net income of PepsiCo is

= Increase in retained earnings + dividend paid

= $3.4 billion + $2.6 billion

= $6 billion

3. The amount of dividends of Alphabet is

=  net income - Increase in retained earnings

= $1.6 billion - $1.6 billion

= $0 billion

4. Amount of ending retained earnings of Sirius XM Satellite is

= Beginning retained earnings - net loss - dividend

= -$1.6 billion - $1 billion - $0

= -$2.6 billion

5. The amount of beginning retained earnings of Abercro is

= Ending retained earnings - net income + dividend

= $1.56 billlion - $0.43 billion + $0.06 billion

= $1.19 billion

4 0
3 years ago
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