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- "CEOs are often tasked with selecting the most efficient level of ethical standards for the businesses they oversee." what considerations must CEOs make when determining the most efficient level of ethical standards for their businesses.Ethical management is a cornerstone of responsible and sustainable business practices. Organizations must navigate complex ethical considerations to build trust with stakeholders, including employees, customers, and the wider community. Ethical management involves establishing clear codes of conduct, promoting integrity, and ensuring compliance with legal and regulatory standards. Leaders play a pivotal role in setting the tone for ethical behavior within an organization, emphasizing transparency and accountability. Balancing the pursuit of profit with ethical decision-making is essential for long-term success and positive societal impact. Question: How can organizations effectively integrate ethical considerations into their decision-making processes while maintaining competitiveness in a global market that may not always prioritize ethical standards uniformly?hi solve 1 , 2 and 3
- For this assignment, you are expected to demonstrate an analytical knowledge and critical understanding of different ethical perspectives, including ethical business objectives. In doing so, you are required to find and present three crucial ethical issues that have been faced by actual organizations through the years (such as equality at the workplace, racial and sexual harassment, corporate sustainability, corporate governance, corporate citizenship, environmental sustainability and/or globalization) and explain why it is essential for a management team to handle them.What does it mean for an organization to be ethical? What is the difference between an unethical and an illegal act? Explain with examples.2. Professional ethics and end-of-year actions Janina Reyes is the new division controller of the dessert division of Specialty Foods. The company has reported a minimum 20% growth in annual earnings for each of the past five years. The dessert division has reported annual earnings growth of more than 22% each year in this same period. During the current year, the economy went into a recession. The corporate controller estimates a 12% annual earnings growth rate for Specialty Foods this year. One month before the December 31 fiscal year-end of the current year, Reyes estimates the dessert division will report an annual earnings growth of only 7%. Raymond Arellano, the dessert foods division president, is not happy, but he notes that “the end-of-year actions” still need to be taken. Reyes makes some inquiries and is able to compile the following list of end-of-year actions that were more or less accepted by the previous division controller: a. Deferring December’s routine monthly…
- Read the article posted in this module titled "Confucius on Management: Understanding Chinese Cultural Values and Managerial Practices" and watch this short (4:29) video: https://www.youtube.com/watch?v=wFt_VGG0kJU Choose one of Confucius's teachings and describe how that principle relates to your personal ethical perspective. Does it support your perspective or contrast with your perspective? How does this principle compare to one of the other ethical perspectives covered in Chapter One (Utilitarianism, Altruism, etc.)? Is it quite similar or quite different? Be sure to cite your sources.Subject: Business Ethics The COVID19 pandemic affected business. You are the President of a medium-scale firm. Your firm has been severely affected by the pandemic. It has been operating on a negative bottom line over the past ten months. You have a total human resources complement of 40 rank and file and four supervisors. Your firm has no other option but to let go of some of the employees to address financial losses. What do you think is the most ethical thing to do in letting go of some of your employees?In five sentences,What do we gain from studying ethics?
- what are the key factors to be considered when we plan a ethical programme in a company. I want a sample proposal for that proposed ethical programme.In a paragraph of 150 words, Summarize Kantian Ethics. Include descriptions of the key terms/concepts: Universality and Respect-for-Persons. Do not use quotations.