Argue for absolutism or relativism as it applies to business practices, policies, procedures, corporate culture, or norms of behavior within an organization in your profession or a profession you want to enter in the future.
Absolutism is the concept of following universally accepted moral norms and values like equality, justice, fair trading, human conditions and human rights at work and prohibiting child labour.
There are certain values which are universally accepted as moral code of conduct in business and ethics to be practised in business transactions like honesty, integrity and justice. At the same time, there are differences in cultures across the world which define different moral norms and values for example denouncing violence against animals while it may not be criticised in other cultures. Similarly, some cultures do not maintain hierarchy and practice equality while some countries have cultures which are based on authority and hierarchy.
It is important in global businesses to have an understanding of universal moral values and ethics in business as well as relativism . Developing tolerance for any cultural differences and values belonging to a particular group or nation can be helpful in balancing absolutism and relativism. Organisations should not let such differences adversely impact business or judge relativistic cultural values as wrong. It is subjective to a particular society and should be accepted as part of diversity in global culture as long as it is not having any negative consequences to business or hurting sentiments of the consumers of the organisation. The organisations can develop a common code of conduct and clarity of each other's cultures, beliefs and norms so that there are no conflicts in practicing their values and beliefs and cultural differences are acknowledged and accepted.
Argue for absolutism or relativism as it applies to business practices, policies, procedures, corporate culture, or...
You are opening your own small business and want to establish a culture of ethical behavior. What are some procedures you should implement to support an ethics culture?
What is your take on the “corporate culture” of a business that you support, shop, or possibly even have thought about working at? Is it, or should it be, important? Also, please share your thoughts about quality control. How does a company’s quality control have any impact or influence on you as a consumer?
Read: Required chapters for this week and view the assigned videos Questions: What is the impact of culture on the degree that organizational behavior is ethical? What examples of utilitarianism, the moral philosophy, in action within your organization? Which of the moral philosophies do you personally favor? How does it impact your decisions? Using the Framework for Understanding Ethical-Decision Making in Business, what are the most influential factors in the making of decisions in your organization? Business Ethics: Ethical Decision...
If you are not an HRM or business major, or you do not plan to take an assignment in the compensation function in the foreseeable future, you may be thinking that this section isn’t relevant to you. Let me assure you, it is. Whether you plan on a career in the compensation field, the lessons you learn in this course will help you in business and in your life. Also, it is only through the aggregate of your educational experience...
1. Government regulation of business changes over time, often in response to public sentiment, the political environment, and the economy. At times the pendulum swings toward more regulation, and other times it favors deregulation. Regardless of the case, businesses must work within the legal and regulatory environment as it applies to their business or industry. Discuss the major challenges facing business in today’s regulatory setting, giving specific examples of instances where regulation helps and hurts business. 2. Corporate social responsibility...
You are expected to prepare a recommendation in business memo format on what actions the hospital should undertake in order to ensure that it comes into compliance with the Act. As you prepare to formulate your recommendation, you may want to consider your answers to the following questions: 1. What is the overall purpose and intent of the Act? 2. What are the key provisions within the Act? 3. What prompted the passage of the Act? 4. What policies and...
According to ____ justice, individuals should not be held responsible for matters over which they have no control. discretionary normative procedural distributive compensatory 2 points QUESTION 2 Culture tends to differ between ____, but appears similar within ____. organizations; industries people; organizations groups; industries organizations; groups industries; geographical regions 2 points QUESTION 3 According to Spotlight on Skills in Chapter 1, all of the following are extremely important for long-term success as a manager EXCEPT: using lunches to...
A family business holds, as its two core corporate values, “compassion” and “fairness.” The CEO, who is the founder of the family business, has had his only brother on a payroll for about 5 years. The brother has had major financial and family difficulties. Four years ago, he lost all of his savings after investing with a Floridian wealth manager who stole the money and left the country. And his wife just gave birth to a baby with severe developmental...
You are the hiring manager within your organization, and you are tasked with the requirement to locate the best candidates to fill a few current openings. Your company is in need of individuals who can work effectively with a diverse population, who have previous experience leading others, and who display an eager attitude and willingness to learn from corporate training. Compile a PowerPoint presentation with your analysis of how hiring practices and effective leadership can enhance performance measures. Explain how...
1. When thinking about the global business environment, there are countries with policies and practices that encourage trade between nations and there are countries with policies and practices that discourage international trade. Discuss why a country would choose to encourage or discourage international trade. Also, as discussed in class, describe (using examples) the various tools that are used to encourage or discourage international trade. 2. The Bluenose division of Schooner Industries manufactures rocking chairs that are sold to consumers through...