Essay about Business Ethics - 1439 Words

What is ethics? Ethics can be defined as a set of principles used by an individual to govern his or her decisions in an effort to ensure fairness and equality. Business ethics, as defined by the Stanford Encyclopedia of Philosophy is the applied ethics discipline that addresses the moral features of commercial activity. The same source also gives a history of business ethics which states that the concept as an academic principle is relatively young-only about forty years old; but in general is as old as trade itself. In this paper, the following aspects of ethics will be discussed: Ethical issues faced in business; recent trends in business ethics; international considerations in business ethics; quantitative techniques and ethics.†¦show more content†¦As such, business people go to great lengths to protect the company’s ideas; even going so far as to require employees to sign confidentiality agreements. If an employee gives out confidential information, whethe r voluntarily or involuntarily, it has the potential to set the company back and cause them to lose money. According to Miranda Morley in her article titled ‘What Are the Major Ethical Issues Businesses Face?’ Other issues faced are employee behavior, employee work conditions and supplier/customer relations. If, for example, a supervisor discriminated against an employee because off race, religion or gender it would be deemed unethical. It may also be seen as unethical for an employee to spend company time doing personal activities. In respect to employee work conditions, it is unethical for employers to subject employees to unsafe work areas; to not compensate employees adequately for the work done; or to require an employee to do an unusually difficult task or work unusually long hours. With regard to supplier/customer relations, business owners must consider whether it is ethical to do business with a supplier that has unethical practices. For example a clothing store must decide if they will continue to do business with a supplier who utilizes child labor. Businesses must also ensure that they do not falsely advertise products or services or produce anything sub-standard for clients. Recent Trends in BusinessShow MoreRelatedBusiness Ethics : Ethics And Business943 Words   |  4 Pagesdiscussions in Business is Ethics. Some people believe that the decisions businesses make in interest of the business has no place in ethics and that they are essentially amoral. These businesses believe that their main objective is to simply make a profit and that it does not affect the success of the business. Whereas some businesses believe that they have to take ethics into consideration, in order for their business to be a success. Richard T. De George (1999) states that ethics and business do notRead MoreThe Ethics Of Business Ethics1471 Words   |  6 PagesReview Nowadays, the concern for business ethics is growing rapidly in the business community around the world. Business ethics are focused on the judgment of decisions taken by managers and their behaviors. The issue regarding these judgments is the norms and cultures that shape these judgments. Business ethics are concerned about the issue, how will the issue be solved and how will it move ahead along the transition analysis as well (Carroll, 2014). Business ethics can be addressed at differentRead MoreEthics And Ethics Of Business Ethics1304 Words   |  6 PagesBusiness Ethics Varun Shah University of Texas at Dallas Business Ethics Morals are a crucial part of life. Without having principles one would never be able to distinguish the right from wrong and good from evil. Just as it applies to life in general, ethics is an integral part of doing business as well. When we here the term Business Ethics in our work place, we usually do not take it seriously and brush it off saying ‘it’s just a simple set of basic rules like not cheating and so on’. ThisRead MoreThe Ethics Of Business Ethics Essay1097 Words   |  5 PagesResource A discusses how ethics is crucial in business. There are three key ideas used to understand this. Firstly, making ethically wrong decisions tend to cause more upset than other general mistakes as purposeful unethical actions are not as easily forgiven or forgotten. Secondly, ethics provides businesses with a broader understanding of everything to do with their business. Business ethics is effectively just business it its larger human context. Thirdly, being unethical ca n tarnish the publicRead MoreThe Ethics Of Business Ethics1064 Words   |  5 Pages　　　　Business Ethics Ethics can be viewed as the rules and values that determine goals and actions people should follow when dealing with other human beings. However, business ethics can be defined as moral principles of a business. It examines moral or ethical problems that arise in a business environment. Generally, it has both normative and descriptive dimensions. Organization practice and career specialization are regarded as normative whereas academics attempting to understand business behaviourRead MoreThe Ethics Of Business Ethics757 Words   |  4 Pagesdeciding what to do in certain situations, ethics is what guides an individual to act in a way that is good, or right. Those involved in business settings apply ethics to business situations, known as business ethics. It is expected of businesses, small and large, to follow business ethics. There is a particular framework businesses are to follow. However, the reoccurring news headlines of poor business ethics prove differently. Poor busine ss ethics include bribery, corporate accounting scandalsRead MoreEthics And Ethics Of Business Ethics1200 Words   |  5 PagesEthics meaning in simple way for average person is what is right from wrong. According to Chris MacDonald (2010)† Ethics† can be defined as the critical, structured examinations of how we should behave - in particular, how we should constrain the pursuit of self-interest when our actions affect others. â€Å"Business ethics is the applied ethics discipline that address the moral features of commercial activity (Business ethics, 2008).Working in ethical way in business has a lot of benefits which can attractRead MoreBusiness Ethics Essay944 Words   |  4 PagesUnderstanding Business Ethics Unit 37: National Diploma Assignment brief TASK 1: Scenario: Business ethics - a study of a selected company With growing interest among consumers regarding the business ethics of the businesses brands that consumers buy, Westminster council wants to conduct an independent review of some of the organisations that sell their goods and services in the borough. You have been asked to select one of the following brands and conduct research into their business ethics. Read MoreThe Ethics Of The Business Ethics1431 Words   |  6 Pages BUSINESS ETHICS INTRODUCTION:- Presentation Ethics are exceptionally regular and essential good esteem that helps us to take the right choice where we think that it hard to pick between our own advantages and the correct thing to do. We are going to talk about three sections of morals Behavioral morals, Bounded ethicality and last one is irreconcilable situation. As from the names of these parts of morals, its verging on clarifying the significance of it. It clarifies why great individualsRead MoreThe Ethics Of Business Ethics Essay2711 Words   |  11 PagesBusiness Ethics Business ethics is a type of professional ethics or applied ethics which examines moral problems and ethical principles that come up in a corporate environment. It is applied to every aspect of conducting business. According to Milton Friedman, a company has the responsibility to generate as much revenue as it can while still conforming to the basic rules that society has set. These rules include the ones embodied in customs as well as in law. Similarly, Peter Drucker stated that

Myers Briggs Type Indicator Of Personality - 2295 Words

Myers Briggs Type Indicator Personality is a challenging trait to measure and many personality tests do not stand the test of time once they are applied and researched. Why then, do we find it important to measure personality? Isabel Briggs Myers once said â€Å"It is up to each person to recognize his or her true preferences.† I find this statement to be true in theory and in practice. In today’s social media, one of the most common online quizzes or assessments I come across, is personality test. There appears to be countless ways to find out one’s personality type, but many have not been proven true or accurate. The Myers-Briggs Type Indicator, also known as the MBTI and it is a well-known and established, personality inventory. It is a way to do, as Isabel Briggs-Myers said, to find and know your own preferences. The MBTI is based on Carl Jung theories of personality types and commonly used today. It was developed by the mother-daughter team of Katharine Briggs and Isabel Briggs Myers in order to assess personality types. The MBTI was published in 1975 by the Consulting Psychologists Press, Inc. (The Myers Briggs Foundation - Isabel Briggs Myers 2014). Test Description The MBIT was meant to coincide with Jung’s four dichotomies which Katharine Briggs and Isabel Myers followed. After a great deal of research, they came up with a â€Å"self-report instrument with questions on four separate dichotomies† (Myers, Creation of the MBTI ® Types, 2011). Much like Jung, their questionsShow MoreRelatedThe Myers Briggs Personality Type Indicator1700 Words   |  7 Pagesand insightful exercise we have done throughout this course has been the Myers Briggs Personality Type Indicator (MBTI). MBTI has helped me better understand who I am as a person and what strengths and weaknesses I have based on my results. It is crucial for success in college and beyond that I match my major and career to who I am as person. The results for the exercise gave me an ENTJ personality. The ENTJ personality type encompasses a person, who is outgoing, a visionary, argumentative, has aRead MoreMyers Briggs Type Indicator Is A Personality Inventory1352 Words   |   6 PagesMyers-Briggs Type Indicator in Business Introduction I chose the Myers-Briggs Type Indicator topic for my paper because I find it interesting. I have taken the actual Myers-Briggs Test through the career-counseling center on campus, and it gave me a bit of direction in my life. However, I thought it would be more useful to discover the background on it and see how it functions within business. I think using an inventory can tell people a great deal about themselves. Similar to the collectionRead MoreThe Myers Briggs Type Indicator ( Mbti ) Are Both Personality Assessments Essay1096 Words   |  5 PagesThe Birkman Method and The Myers-Briggs Type Indicator (MBTI) are both personality assessments. The Birkman Method is based on the theories of Dr. Roger W. Birkman and the work of Dr. Roy B. Mefferd, Jr. and Dr. Timothy G. Sadler. The MBTI is based on the theories of Dr. Carl Gustav Jung and the work of Katharine Cook Briggs and Isabel Briggs Myers. Both are non-clinical assessments. The working manuals for both assessments have rec ognized and documented, content, construct, criterion-related validitiesRead MoreThe Myers-Briggs Type Indicator is probably the most accepted personality assessment used today.800 Words   |  4 PagesThe Myers-Briggs Type Indicator is probably the most accepted personality assessment used today. It is used by many leading companies including Apple and General Electric. (Carr 2000, pg 29) This test was first developed by the mother/daughter team of Katherine Briggs and Isabel Myers-Briggs whom expanded on Jung’s philosophy. They added a fourth category, which describes how people relate to their environment. This third pair is judgment (J) and perception (P). Judgers are people who evaluateRead MoreMyers Brigg Type Indicator, And The Four Dimensions Of Personality Types1539 Words   |  7 PagesMyers-Brigg Type Indicator The Myers-Brigg Assessment, and the four dimensions of personality types based on the findings of Carl Jung, Isabel Myers and Katharine Briggs, indicates Katie as an ISFJ (intuitive, sensing, feeling, and judging). People falling into this category are often known as nurturers. Additionally, individuals of this personality type tend to be practical, and sensitive towards other’s feelings. These traits make the ISFJ personality ideal for careers such as counselingRead MorePersonality Testing : The Big Five Model And Myers Briggs Type Indicator1767 Words   |  8 Pages Personality is defined as consistent behaviour patterns and intrapersonal processes that come from an individual themselves (Burger 2014).In other words, who we are as a person. Personality factors can be attractive to particular parts of the employment industry for example; being neat and tidy or loud and creative could be an attractive factor to the employer. There is an ongoing debate throughou t society on whether Personality tests are a good indicator of employment strategies and whether theyRead MoreGender Correlation Of The Myers Briggs Type Indicator1531 Words   |  7 PagesRegards to the Myers-Briggs Type Indicator Mary E. Pyper Aquinas College Abstract One hundred seventy-eight anonymous participants (120 females, 48 males, and 10 non-specified genders) between the ages of 18 and 26 participated in a fifteen question survey regarding how portions of the Myers Briggs Type Indicator (MBTI) relate to age and gender. The participants were selected by convenience sampling. Using questions designed to determine two aspects of each subject’s personality type—whether theyRead More Different Learning Styles: Exploring the Myers-Briggs Type Indicator1600 Words   |  7 PagesExploring the Myers-Briggs Type Indicator Thesis: Students on a secondary level of education will learn more effectively if their MBTI have been assessed and accommodated to. All students process information differently. These differences can be explained using the Myers-Briggs type indicator. Students on a secondary level of education will learn more effectively if their MBTI have been assessed and accommodated to. The Myers-Briggs type indicator (MBTI) is a type of personality test toRead MorePersonality Type Assessment1336 Words   |  6 PagesPersonality Type Assessment (Week-2 Individual Assignment) CMGT/530 - IT Organizational Behavior July 1, 2012 Personality Type Assessment The first section of this paper details the elements that a personality type assessment typically measures. The second section contains discussion on the personality type assessment of the author of this paper. In the third and last section, the author shares how his personal assessment outcomes could affect his workRead MoreMyers Briggs Type Indicator ( Mbti )1335 Words   |  6 PagesMyers-Briggs Type Indicator The Myers-Briggs Type Indicator (MBTI) is used to identify an individual’s psychological characteristics the personality. This assessment coincides with Carl G. Jung’s theory that objectives and drives of a person ascribes to the individuals course in life (Schustack, 2012). Isabel Briggs Myers and Katharine Briggs developed the Myers-Briggs Type Indicator by concentrating on the principles of Jung’s theory. According to the Myers Briggs Foundation, Jung’s theory is

Challenges of Adopting Cloud Computing

Question: Discuss about the Challenges of Adopting Cloud Computing. Answer: Introduction: According to Grant (2016) the stakeholders of Google are highly diverse because the vast array of offered products by the company. The diversification of the company includes the original products of the company such as Gmail, Web Browser, YouTube, as well as new products like Google Ventures, Google Green, and Google.org. The stakeholders of Google come from different groups and through various businesses. If the company needs to maintain its leadership in the digital market, it should address the interest of its stakeholders through appropriate corporate social responsibility policies (Rothaermel 2015). The current CSR efforts of the company are quite comprehensive and satisfactory, although still there are opportunities to improve the CSR efforts to grow stronger in the international business arena. The Stakeholder Groups of Google The stakeholders are those people who have an impact on the business or are impacted by it. The stakeholders of Google are from different groups of shared interest, so several CSR policies of the company is focused towards these stakeholder groups (Peters et al. 2014). The most important stakeholders of Google are the users, advertisers, investors, employees, Governments and communities. These stakeholders affect the interest of the company by pushing their satisfaction range. Google considers its users to be the most significant stakeholders in terms of affecting the firm and effectively considers the interest of stakeholders to design and develop the CSR policies of the company. Like other big organizations, Google has also faced ethical issues; the concept of the firm was not being evil, after it was questioned regarding the privacy issues. The individuals and the organizations using the services of Google are the user generally. However, the users do not pay for using the services like Chrome or Gmail or the search engine by Google, but this group is mostly interested in the usefulness of the company and its services. According to Mason and Simmons (2014), these stakeholders are the most significant for the company because they define the popularity of the company. The main problem aroused with the users of Google is the privacy issue. Nowadays modern technology lets the software systems like Google track the online activity of the users and might use those information to modify the advertisements and sell those to the marketers. Many customers feel that this is just a pay for using the free services provided by the company. However, Google states clearly in their privacy policy that how they collect the information of users and use them to stay transparent, there are gray areas arise regarding the use of information ( Hrisch, Freeman and Schaltegger 2014). It might create legal and reputational problem for the general users. As far as the reaction of the company is concerned, they find the issue to be less complicated and simple because if an individual does something which he does not want others to know, he should not be doing the thing as well. Many surveys had shown that around half of the users of Google are concerned with the privacy issues while surfing internet (Sinclair 2016). Government issues Another ethical issue comes with tracking the information of users is that Google can provide any of that information to government anytime (Nissenbaum 2015). However this is crucial for the company in order to stay transparent. Many governments have asked for the user information to Google. It might be surprising that US government tops the list of asking users information from Google, even though the country has the largest population of Google users (Young and Kim 2015). It is very obvious that users do not feel good about governments using a private company to track the commoners. This is a clear instance of Google not implementing the same strategy for all the stakeholders. The success of Google mostly depends on the advertisers and the investors. They are the primary source of the revenues of the company. Generally Google uses the personal information of the users to modify the advertisement shown to them. This is the primary issue regarding the privacy problem. This instance can also be the reason that Google does not use the same strategy to all its stakeholders. Respecting the privacy of the users and maintain the profitability of Google Google is the most admired search engine on a regular basis since its start from 1998. Started from a small search engine, Google became one of the most profitable companies in the digital market and qualified as one of the best. However, what problem the users are facing now is the privacy policy of Google and the after use with the user information (Cortez and Hay 2014). However Google is trying to find new ways to protect the personal information of users and not exposing them to public. Google can use its influence to resolve the issue and improve the lives of stakeholders. It can find methods to secure the personal data of users so that it does not get into wrong hands and get misused. The amount of power and resource the company has it can create secured files. As Google states in the privacy policy that even if they share any information to its partners the data cannot be identified. Therefore Google ensures that it has the capability of protecting the data of users and placing it in different folders. The company can respect the privacy and make profitability but Google is dealing with this issue for quite some time. As Google tracks the user information to modify the advertisements and other services offered to the user, it has a large stake on the privacy issues. Google has been trying to work on the update of their privacy policy and to comply with what the users searches and asks to appear. Google refurbished their privacy policy in 2012, and merged all the information that was gathered from users from several services of Google. The company drafted a letter to answer the questions rising and states that the users will have the option to turn off few features which collects the personal data of the users. Also, the policy states that it will not impact the information amount it collects or deletes and remains committed to the privacy of the user. If Google sticks to this new policy it will make the users very much comfortable in using the services of Google, as most of the users wants to ensure that their information do not reach in the wrong hands. However, there are many governments that restrict the usage of Google and the company has to abide by those rules and regulation as it works as a multination. For instance, when Google entered the digital market of China, the government blocked several search engines by Google (Campbell, Goldfarb and Tucker 2015). The company could not lose a great market but those rules caused plenty of problems with the search engine. Google had to leave the market because of a lot of pressure and moved its platform to Hong Kong. Impact of increasing global regulations on the operations of Google The unified privacy policy of Google has allowed the search engine to manipulate the personal information gathered from the free services. There are several cases against Google due to the privacy issues challenging the acceptability of the policy. However, Google has to comply with the rules and regulations of certain country while entering the market. Several users have sued the company for bypassing the security settings in their iPhones and Mac computers. Google have faced this problem from the very beginning as it tracks the data to tailor the advertisements. There are ample numbers of international and domestic laws that affect the business of the company. In addition, the rules and regulations regarding the privacy of users, freedom of expression, advertising, content, data security and intellectual property rights are debated and can be considered to adopt by many countries around the globe (Avram 2014). The US laws regarding the legal responsibility of online service providers for the online activities of their users have been tested by several claims that include slander, vilification actions, invasion of privacy and other unlawful activity based on the nature and material content. Several laws and new explanations of existing regulations might have impact on the business of Google. The Digital Millennium Copyright Act doe s not eliminate but limits the activity of listing or hosting the third party content which might include contents with infringes (Campbell, Goldfarb and Tucker 2015). The Child Online Protection Act and Childrens Online Privacy Protection Act limits the sharing of materials that can be considered injurious to children, also pits additional restrictions on collecting data from children under thirteen (Cortez and Hay 2014). Similarly, there are others laws that could impact the operations of Google and the business of their advertisers like financial services, online gambling, adult content and alcohol. The applications of these rules and regulations can impact on the business in an unexpected way and restrict the capability of delivering services to the users. Reference List Avram, M.G., 2014. Advantages and challenges of adopting cloud computing from an enterprise perspective.Procedia Technology,12, pp.529-534. Campbell, J., Goldfarb, A. and Tucker, C., 2015. Privacy regulation and market structure.Journal of Economics Management Strategy,24(1), pp.47-73. Cortez, P. and Hay, D., 2014. Privacy Disclosure and Auditing: An Exploratory Study. Google 2017 Google.co.in. N.p. Web. 21 Jan. 2017. Grant, R.M., 2016.Contemporary strategy analysis: Text and cases edition. John Wiley Sons. Hrisch, J., Freeman, R.E. and Schaltegger, S., 2014. Applying stakeholder theory in sustainability management: Links, similarities, dissimilarities, and a conceptual framework.Organization Environment,27(4), pp.328-346. Mason, C. and Simmons, J., 2014. Embedding corporate social responsibility in corporate governance: A stakeholder systems approach.Journal of Business Ethics,119(1), pp.77-86. Nissenbaum, H., 2015. Respecting context to protect privacy: Why meaning matters.Science and engineering ethics, pp.1-22. Rothaermel, F.T., 2015.Strategic management. New York, NY: McGraw-Hill. Sinclair, J., 2016. Shift or Stasis| Advertising and Media in the Age of the Algorithm.International Journal of Communication,10, p.14. Young, D.R. and Kim, C., 2015. Can social enterprises remain sustainable and mission-focused? Applying resiliency theory.Social Enterprise Journal,11(3), pp.233-259.