Ethics in business

Essay 5 pages Ethics about a X company and discuss why they were accused of unethical practices

Choose an International or multinational company (example: NIKE, Nestles, Wal-Mart, BP, Siemens, etc.) that was accused of unethical practices and write 5 pages of TEXT on what led up to the accusation and recommendations to the company. You may go over a few lines but not under. Plus the cover page or references.

Introduction: Ethics in business is critical for trust, however, there are many grey areas of what is, and is not, ethical. The business world has always relied heavily on contractual agreements while conducting business. These contracts while written in ink are set in stone. Many multinationals have been charged with unethical behaviors.

Policy: Use peer-reviewed articles from 2009 – present to support your research, in APA Format.

Referneces will be provided.

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Requirements: 5 pages   |   .doc file

Here are references and videos to assist you in understanding the content matter for your research.

Creating Ethics in Business

 

Creating Ethics in Business

Watch Video

YouTube URL: http://www.youtube.com/watch?v=wzicXbnmllc


What is Ethics and Why Does it Matter

Watch Video

YouTube URL: http://www.youtube.com/watch?v=vmVu66Fpd9U


India Economy

Watch Video

YouTube URL: http://www.youtube.com/watch?v=rMC-0vO2v0E


Why is India Growing So Fast

Watch Video

YouTube URL: http://www.youtube.com/watch?v=uyyjcior9Vo

Because you must choose a fortune 500 company from the NASDQ, you will have to conduct research.

https://youtu.be/7AlexLrZ14A

https://youtube/L2m4ogCvOW4

https://youtube/E0NkGtNU_9w

https://youtube/vmVu66Fpd9U

Ethics Link to assist

Bunker, R. B., & Casey, K. M. (2012). Facilitating payments versus bribes: Are we sending conflicting ethical signals in accounting education? International Journal of Business and Social Science3(8), 47-50. Retrieved from http://www.ijbssnet.com/

Boyd, C. (2012). The Nestle infant formula controversy and a strange web of subsequent

business scandals. J Bus Ethics106, pg. 283-293. doi: 10.1007/s10551-011-0995-6

Bris, A., (2010) The Lehman Brothers Case: A corporate governance failure, not a failure of

financial markets http://www.imd.org/research/challenges/upload/TC039-10PDF.pdf

Byrne, E. (2012). Appropriating Resources: Land Claims, Law, and Illicit Business. Journal of Business Ethics, 106(4), 453-466.

Chevron Company Profile. (2014, May 1). Retrieved November 8, 2014, from http://www.chevron.com/about/leadership/

Carroll, D. (2014, September 12). HP’s Russia unit pleads guilty in bribery case. USA Today. Retrieved from http://www.usatoday.com/story/mney/business2014/09/11/hp-russia-poland-mexico-bribery/15479533

Case 1-2 Nestle: The infant formula controversy. (n.d.). Retrieved from http://www.paceth.com/

Attachments area
Answer preview

 

Business ethics are increasingly becoming an integral component of the corporate world. The concept of business ethics refers to practices and policies adopted by companies that act as guiding framework when dealing with difficult and controversial situations (Hill, 2014). Having the right kind of business ethics enables an organization to create an atmosphere of trust with their clientele. Over the years, especially before introducing corporate governance ideals, which gave rise to the concept of business ethics, many organizations would find themselves entangled in a web of immoral business practices (Schwartz, 2002). One of these organizations is Nestle, a global leader in the manufacture and sale of infant formula. This organization will form the basis of this case study analysis, geared not only towards helping people understand the nature of the baby formula controversy but also elucidate on the various recommendations that might have helped address or avert the dispute.

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