Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
12th Edition
ISBN: 9781259580093
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 2, Problem 5CTE
Summary Introduction

To provide: Two examples which would be considered unethical involving competition and the ethical principles that would be violated.

Introduction: Competitiveness, strategy making and productivity are three crucial aspects for a firm to withstand and succeed in present competitive business environment. These elements are interrelated which must be handled efficiently in order to attain competitive edge.

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Give two examples of what would be considered unethical involving competition and the ethical principles (see Chapter 1) that would be violated.
What are the rules that govern organizations and govern the social responsibility of business in the face of ethical scandals, corporate crimes and what are the legal implications for businesses that commit corporate crimes? Identify some rules or laws that govern social responsibility in business. Also what is the importance of those rules or laws to avoid corporate crimes.
Mention 5 principles of business ethics.
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