Business Ethics Case Study

820 Words2 Pages
bulb-icon

Recommended: Gender inequity corporate world

Do you agree with Schmeltekopf that business schools are not preparing students well for the for the ethical challenges they will face in the workplace? Why or why not? I agree with Schmeltekopf, since ethics are an overwhelming issue in today 's business world. Since the understudies are not being told into how to suitably oversee issues and conditions ethically. I don 't assume that its reasonable business universities coming up short here however in light of the fact that paying little personality to a people picked calling there are moral issues that will rise and with everything taken into account our overall population isn 't all around organized to oversee them. In 2 Timothy 3;16-17 states, “All Scripture is God-breathed and is useful Business has been in charge of the upgraded innovation that has generally supplanted the drudgery of most physical work, an outcome in part of the innovativeness of business and its readiness to take and bear the weight of money related hazard. Besides, maybe no establishment in our regular life is more proficient in its operations and more discerning in its association than business. No foundation is more receptive to the requests of its constituents than business. What does Schmeltekopf thinks is the meaning and purpose of business, according to Judeo-Christian tradition? According to Aristotle? Schmeltekopf thinks the meaning and purpose of business, according to Judeo-Christian tradition, is to be the foundation of our economy which permits us to live, upgrades innovation. As per Judeo-Christian the importance and motivation behind business is to finished your calling or work furthermore Judeo-Christian profound quality anxieties human equity under the watchful eye of God and the law as opposed to financial balance through legislative command (www.peopleof.oureverydaylife.com). You ought to finish the mission that God has made arrangements for you in view of your abilities whether a creator, a specialist, or handyman, that is your way to fulfill God 's

Show More
Related

  • Richard Scrushy Case Study

    711 Words  | 2 Pages

    In conclusion, all officers who are responsible for the Health South Corporation scandal is convicted and pay their penalty. Although Scrushy was not convicted the first trail, but the prosecutor tried their best and successfully bring justice on the Health South scandal. Ethical is one the fundamental virtue for all business student. All business student should be well train to maintain ethical judgment and prepare to have the courage to deny all kind of unethical situations and scandals(Works Cited).

    Read More

  • Were Philippe Kahn's Business Tactics Ethical?

    935 Words  | 2 Pages

    More and more people are holding businesses to a higher ethical accountability. A companies decisions effect its employees, costumers the environment, and even the community, so decisions should not be taken lightly. It also becoming more obvious that managers feel that trustworthy employees with good worth ethics are an intangible asset to their company. Managers will not receive such employees if they do not have high ethical and moral standards themselves. I think that people ultimately want ethics that will produce a productive and honest workforce that also increases profits.

    Read More

  • Reactionary Essay To If Aristotle Ran General Motors, By Tom Morris

    1257 Words  | 3 Pages

    Morris, Tom. “If Aristotle Ran General Motors: The New Soul of Business.” New York: Henry

    Read More

  • Free Market Ethics Or Social Responsibility

    1613 Words  | 4 Pages

    According with the textbook and other internet sources, Milton Friedman described in his thesis that the main goal of a business is to generate gains or profits. As a result, several business have been using such thesis as a justification for some of the decisions they made. In the case of “A Civil Action” we had the two companies contaminating the little town water with chemicals used during the elaboration of their products. The use of trichloroethylene was apparently causing some of the children of the place to developed respiratory and other cancerous diseases such as leukemia. After the death of several children, people on town began to worry about the situation and everything pointed out ...

    Read More

  • Overview of Business for the Glory of God

    1306 Words  | 3 Pages

    In the end this entire book was very informative and was quite enjoyable to read. What it really comes down to in the end is that any aspect of business can be used to glorify God, but that we must be careful not to fall into the temptations that come along with it. If we stay steadfast in our faith to God and surround ourselves with Godly examples it will help us to maintain our eyes on God and realize he is the reason we are in business in the first place. If we keep that in mind then God will bless our business and it will be profitable and successful

    Read More

  • Comparing Views on Business Ethics: Milton Friedman and John Hook

    413 Words  | 1 Pages

    Both Milton Friedman’s and John Hook’s primary purpose is persuading the audience. However, while John Hook tries to convince audience that ethics are necessary for business, Milton Friedman tries to induce them to that one and only purpose of business is to increase and maximize profits.

    Read More

  • The Art of War

    1319 Words  | 3 Pages

    All of Sun Tzu’s strategies in The Art of War have been adopted by American businesses in order for them to be successful. Chapter one of The Art of War is “Laying Plans” which has five fundamental factors: the moral law, heaven, earth, the commander, and method and discipline. In business the moral law means one’s mission or goal. Heaven compares to outside forces such as the market and dependencies. Earth would be the scene of action such as people, place, product, and process included in production. Commander is leadership like a sponsor or a bachelor of arts. Method and discipline are the guiding principles similar to business ethics, laws, and policies. Sun Tzu said, “These five heads should be familiar to every general; he who knows them will be victorious; he who knows them not will fail” (Tzu 2). Basically, what this means and how businesses relate to it is that before one does anything one evaluates all business options.

    Read More

  • Analysis: Lack Of Ethics In The 2008 Financial Crisis

    1022 Words  | 3 Pages

    Beth Gardner writes about the implications of the 2008 financial crisis as a “trigger” for business schools to teach their students ethics. Ethics is a broad term about moral conduct and how the decisions of an individual affect others. As discussed in class, the three goals of ethics include: preventing harm from occurring, stopping harm from continuing, and minimizing unavoidable harm (Bryan, 6). As witnessed in the 2008 financial crisis, ethics was submerged by the political and selfish nature of corrupt business leaders who focused solely on money.

    Read More

  • Martin Luther King Jr

    2238 Words  | 5 Pages

    A Discussion and Analysis Of some of his Contributions As Well as their Social, Political and Economic Impacts Since the Thirteen Colonies first united, the United States has had one of the strongest economies in the world. Over the years, many theorists have had varying opinions concerning the reason for this nation's strong economic standing. One reason that has often been overlooked is that a great many of this nation's workers have been influenced by the Protestant work ethic. The philosophy behind this work ethic has driven many workers to attain as much as possible at their jobs during their lifetimes. If one man were to be given credit for the development of the Protestant work ethic it would have to be Martin Luther. In the course of the next several pages this researcher will examine the ethic that has had such a great impact on the United State's economy and on the economies of other nations. It has been suggested by such writers as Weber and Smith that the Protestant work ethic first developed around the word "calling." Basically, this term has a religious connotation which is a task set by God. However, gradually this term was expanded to the point where it covered many of man's activities. During the Protestant Reformation, the term "calling" started to take on a new meaning. Fulfilling one's duty in worldly affairs became a task of extreme importance. gradually, fulfilling one's duty was not only important but it became the moral obligation of every individual (the highest form of moral activity). Before the Reformation, the Catholic Church did not believe that everyday world activities had a religious significance. As a result of Luther these world activities were quite important in adhering to God's wishes. Rather than devote one's life to worshipping God through prayer, and instead of sacrificing all worldly goods to follow Christ, the Protestants believed that the task of every person is to fulfill (to the best of his/her ability) their tasks on earth. This unique conception of the word "calling" was developed by Luther during his first active decade as a reformer. At first he believed, like many other theologians, that everyday world activities were activities of the flesh. Although these activities were willed by God, they were nonetheless morally neutral. However, gradually Luther began to protest against ...

    Read More

  • Milton Friedman's Essay Analysis of The Social Responsibility to Increase Profit

    720 Words  | 2 Pages

    We probably all agree that the primary objective of any business is to achieve revenue and attain a certain profit. But then here is the question that we might ask, is profit the only element that should be considered when making business decisions? In my point of view the answer is no as I will try to demonstrate throughout this paper. One quick alternative of what should be the first top priority of a business is creating a customer as Dr.Peter Drucker said. According to him “The customer is the foundation of a business and keeps it in existence. He alone gives employment. To supply the wants and needs of a consumer, society entrusts wealth-producing resources to the business enterprise.” (Santayana, George. Is The Tyranny Of Shareholder Value Finally Ending? )

    Read More

  • The Lucifer Effect Essay

    1227 Words  | 3 Pages

    While some scholars argue for more teaching of ethics in college curriculum, others argue that a business culture or environmental change is needed. Some experts and experienced members of the field argue that business is not an inherently bad field, but that the reputation has been soiled by a few bad apples. Given all this information, I tend to agree with the argument that finance and business are not bad fields, they have just been soiled by a few evil people. I believe there are several bad businesses such as the Nestlé Corporation; and good businesses like Microsoft and the Bill and Melinda Gates Foundation that prove cases of evil and corrupt business practices can be linked to the actions of a few evil people in power. I find this argument to be relevant and interesting because unethical business practices often appear in the news, and this influences the public perspective on businesses. Many people tend to think most businessmen are evil, greedy, and corrupt. This is not always the case, and I aim to demonstrate why others should think in the same

    Read More

  • Can Business Ethics Exist?

    1610 Words  | 4 Pages

    Friedman (1970) is very clear on the line between individual ethics and business. An individual acts in his own right based upon his personal morality code. He takes on responsibilities unique to him in a singular fashion such as marriage. A business, however, is a collective of reasoning from group thought defined by social convention. It is soulless as societal pressures dictate the ethical code. Individual responsibilities however, are self-assign because he adopts his own code of ethics and consequences. When the individual is working as an executive, he is required to balance the needs of the stockholders and the owners of the business all the while producing profit. His individual ethical leanings, either consensual or conflicted, are su...

    Read More

  • What is Cheating and Why Cheating is Bad?

    1235 Words  | 3 Pages

    Sharland, A., Fiedler, A., & Menon, M. (2013). ETHICS IN THE BUSINESS CURRICULUM: DOES DELIVERY NEED TO BE REVISITED?. Southern Journal of Business & Ethics, 5.

    Read More

  • Studying International Business

    1012 Words  | 3 Pages

    ...ational business just involves or teaches how to manage things when we are running a firm and performing any tasks but it doesn’t matter if you are working in a small firm or a Large Multinational firm.

    Read More

  • Reflection Paper: Reflection On Business And Society

    736 Words  | 2 Pages

    As a student interested in one day starting a firm, learning the business models and its advantage is prepping me for the real world. Those models like the SWOT Analysis are bringing me closer to my dream of running my own business. Professor Sheldon’s experience in the business atmosphere has opened my mind to the experience of running an enterprise. This has helped me slowly develop my plans on what nature of business I want to enter and the stakeholders I’m obligated too. Apart from obligation I am also subjected to the laws of the land and a social responsibility. I must consider ethical behaviour in doing business as a lack of it has negative effects. Look at Enron for example, where the firm lied to their stakeholders just to keep stock prices up and later crashed the company. This resulted in many investors losing their pension and savings and now the board is serving long jail

    Read More

More about Business Ethics Case Study

Open Document