Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 8.1, Problem 1MED
Summary Introduction
To determine: The consequences of not paying attention towards the environment and safety rules.
Introduction:
Ethics refers to the moral principles that define what is right and what is wrong. Ethics are different for every individual. One thing that is right for one individual may not be right for other individual.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
In your own words, cite other ways businesses do to improve the ethical performance of its employees and organization as a whole. (Not less than 150 words)
please read and answer questions:
What did you think about while participating in the journal on Ethics as it pertains to your current workforce or personal experience?
What attitudes have you gained from participating in the journal on Ethics?
What did you know before and what did you learn in the journal on Ethics?
Why is Ethics important and how does it impact the workforce and/or community as a whole?
What did you learn in the journal that you won't forget tomorrow on Ethics?
Why is a code of ethics important to stakeholders?
This should be a 1-2 pages paper
Chapter 8 Solutions
Understanding Business
Ch. 8.1 - Prob. 8.1AQCh. 8.1 - Prob. 1MEDCh. 8.2 - Prob. 8.2AQCh. 8.2 - Prob. 8.2BQCh. 8.2 - Prob. 1TPCh. 8.2 - Prob. 2TPCh. 8.2 - Prob. 3TPCh. 8.3 - Prob. 8.3AQCh. 8.3 - Prob. 8.3BQCh. 8.3 - Prob. 4TP
Ch. 8.3 - Prob. 5TPCh. 8.3 - Prob. 6TPCh. 8.3 - Prob. 7TPCh. 8.4 - Prob. 8.4AQCh. 8.4 - Prob. 8TPCh. 8.4 - Prob. 9TPCh. 8.4 - Prob. 10TPCh. 8.5 - Prob. 8.5AQCh. 8.6 - Prob. 8.6AQCh. 8.6 - Prob. 8.6BQCh. 8.6 - Prob. 11TPCh. 8.6 - Prob. 12TPCh. 8.6 - Prob. 13TPCh. 8 - Prob. 1CTCh. 8 - Prob. 2CTCh. 8 - Prob. 3CTCh. 8 - Prob. 4CTCh. 8 - Prob. 5CTCh. 8 - Prob. 2DWSCh. 8 - Prob. 3DWSCh. 8 - Prob. 4DWSCh. 8 - Prob. 5DWSCh. 8 - Prob. 1TITCh. 8 - Prob. 2TITCh. 8 - Prob. 3TITCh. 8 - Prob. 1VCCh. 8 - Prob. 2VCCh. 8 - Prob. 3VC
Knowledge Booster
Similar questions
- You work for Shaheen Traders in capacity of Marketing Executive. You have MBA degree and 2 years’ experience and your salary is Rs.50,000 payable on monthly basis. The other people having similar experience and degree in your firm gets the same amount of salary but two of your friends having similar experience and degree works for Lasani Traders and their salary is Rs.60,000 payable on monthly basis. Discuss the situation in relation to the Justice Theory.(limit 400 words)arrow_forwardYou have been hired by your dream company as an Ethics and Compliance Officer. Your job is to ensure compliance with ethical business practices, company policies, and local legal/regulatory requirements. The company provided you with this list of situations that could cause problems in the future if not resolved in the next few months: Employees have been taking office supplies (paper, pens, and ink) home with them when leaving work. A supervisor had been seen outside of work having drinks with an employee that works for them. William has worked for the company for 11 years. Recently he was passed over for a promotion. Co-workers have commented that William has been making negative comments on various social media sites about the company. Bob, a senior buyer with the company, has been participating in a rewards program from one of your main suppliers. Bob has been receiving gifts, under the rewards program, for his personal use based on the amount of merchandise he is buying from the…arrow_forwardIf we were to apply Utilitarian ethics within workplaces and companies, would that change what compensation and benefits people at different levels would be assigned? Why would a utilitarian who was put in charge of compensation and benefits for everyone from the bottom-level all the way to the top likely adjust what people receive for their contributions? What would a Utilitarian distribution look like? Make sure that you account for how the various stakeholders would be affected by these changes.arrow_forward
- From an ethical perspective, an employee can advance her/his own interests over the interests of the company. False Truearrow_forwardThe oil and gas company you work for wants to invest in fracking. They also want to maintain their reputation for ethical conduct. After investigating fracking, what recommendations would you submit to the CEO about how to make this process safer? Be sure to address: Ethical responsibility Safety risks in the oil and gas industry Ethical leadership’s rile in managing risKarrow_forwardSuppose an employer charges all employees the same premium, regardless of their health habits. Who benefits? Who is harmed? Is this ethical?arrow_forward
- Write what you have learned from business ethics & society. Please write it in your own words in 100_200 words.arrow_forwardYou will then write an expository essay on the organizational policies and legal factors that influence employee behavior in an organization. Moreover, you should mention which ethical disputes are most common in a business when faced with discriminatory situations related to employees. Explain how organizations strive to maintain high standards in the face of the continuous evolution of technology in business. You should also substantiate the importance of privacy and what ethical implications exist when using technology in business.arrow_forwardIt is easy to say that an organization should hire, reward, and dismiss employees based on their character as well as their knowledge and skill, but how could such a policy be implemented?arrow_forward
- An organization's code of ethics establishes the moral standards or guidelines that each employee must follow when making decisions and acting. As you evaluate the content, organization, and tone of the code, keep this statement in mind.arrow_forwardHow do you think the problem of moral hazard might have affected the safety of sports such as football and boxing when safety regulations started requiring that players wear more padding? Explain with examples.arrow_forwardYou work for Shaheen Traders in capacity of Marketing Executive. You have MBA degree and 2 years’ experience and your salary is Rs.50,000 payable on monthly basis. The other people having similar experience and degree in your firm gets the same amount of salary but two of your friends having similar experience and degree works for Lasani Traders and their salary is Rs.60,000 payable on monthly basis. Discuss the situation in relation to the Justice Theory.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill Education
Management (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSON
Business Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSON
Fundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON