BE Snippets

8/9/2019 BE Snippets

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Jan 29, 2015 Saju,VITBS 1


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Merck & cos refusal to wit!raw "io## , an artritis !ru$

%al Mart 'Te i$ cost of low (rice)*reenwal!,2005,+o"ie Sweatso( la-our an! .ifest/le $oo! +anufacturers

o/al utc Sellin i$eria,M/an+ar

I34 an! cil! la-our

6e(sis .o$o 7n +oon8')

ar$ill, Monsantoan! *M cor(s


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Jan 29, 2015 Saju,VITBS :

Business Ethics

;Te stu!/ of -usiness situations,acti"ities,an!!ecisions were te issues of ri$t an! wron$

are a!!resse!

Moralit/ ??????4tics ??????? 4tics Teor/ ????? Solution to (ro-le+s

Moralit/ @ or+s ,"alues, -eleifs e+-e!!e! in social (rocesses wic !efineri$ts an! wron$s

4tics@ Stu!/ of +oralit/ an! a((lication of reason to eluci!ate rules an!(rinci(les tat !eter+ine ri$t an! wron$ for a situation

Moralit/ can -e (ri"atise! -ut not eticsA its a-out oter (eo(le

4tics su((ose!l/ offers a solution to +oral uncertaint/

4tics' Bau+an199:, S+it,1999


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n o#/+oron' ollins,199>

i$ts an! wron$s kee( siftin$ fro+ +oral (ositionin$ to co++ercial -usiness,Strate$ic an! financial !i+ensions8

;ethics is a broad and murky area and the workplace is full of ethical dilemmasand issues

(Orsini and McDouggal,1999 !n corporate world as well as ones personal life ethics is knowing what is right

and wrong, and"or learning the same in the en#ironment in which one isin#ol#ed

An ethical issue may not have a concrete answer;therefore a persons decisionmay depend on that persons situation

4tics -oils !own to Ccoosin$ te $oo! o"er te -a!, te ri$t o"er te wron$, an!te fair o"er te unfairCD

4"en tou$ tese coices +a/ soun! si+(le te/ are oftenti+es co+(le# an!su-tleD


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Jan 29, 2015 Saju,VITBS E

Source'www.benetton.com


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Jan 29, 2015 Saju,VITBS F

%/)

Business scan!als an! etical failures utc tuli(o+ania' 1E:=6onG/ sce+e'1920,I"ar 3ru$er'19:0,ick

.eeson an! Barin$s -ank'1995

4tical infractions an! (ower to co+(l/

I+(ro"e u+an con!ition 'Micalos, 199F 4"er $rowin$ (ower an! influence of -usinesses, (u-lic uneasiness

'Bernstein,2000 ?? 7ccu(/ %all street, Sareol!eru(ea"els ?? %SH "s %4H

4tical +arket )) Business etics in!ustr/ ))


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%eter a -usiness is consi!erin$ ow to treat e+(lo/ees,createits (ro!ucts,ser"e its custo+ers or (artici(ate in te co++unit/, teetical answers all re"ol"e aroun! !oin$ te right thing< ratertan wat +a/ -e te +ost (rofita-le or e#(e!ient in te sort ter+

Keep asking when confronted by an ethical dilemma Is it le$al) Is it -alance!) %oul! /ou -e a((/ if /ou were in oter (art/s soes)

Is it ri$t )' re /ou (rou! of /ourself for te course of action /ouare takin$) 'S+it ,2002

; The more complex the dilemma, the more important it is to


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escri(ti"e tool to -e use! to sow ow !ecisions are +a!e, ratertan ow te/ soul! -e +a!e 'Sanfor! 3rolic

IIVI.ISM

WIIFM '%ats in It Hor MeTe concern for wat will a((en to

oursel"es as te result of

te !ecision we +akeD

Tis is were we fin! te i!!ena$en!as an! concerns for oneself

.TISM

Te concern for te i+(act of our!ecision on oters or on our

relationsi( wit otersD

Tis is were we fin! concern forwat te/ will sa/, tink,feel or !o

I4.ISM

Te concern for ow te !ecisionali$ns wit our -eliefs an!

"aluesDTis is were we fin! concern witweter a !ecision is ri$t,fair&$oo!

6*MTISM

Te concern for te (racticalconseKuences of te !ecisionD

Tis is were we fin! concern forwat will a((en as a result

of te !ecisionD

%at is te i+(act of te !ecisions on$oals an! o-jecti"es)


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Two (eo(le in i!entical circu+stances +a/ not +ake tesa+e !i"ision -coG of te !ifferences in etical "alue

%at !oes etics +ean to /ou )

'Sociolo$ist a/+on! Bau+art Kuestions e#ecuti"es; 4tics as to !o wit wat +/ feelin$s tell +e is ri$tLwron$: Q co+(anies use co++an! an! control +ana$e+ent '-lin!o-e!ience, 5>Q to( !own -ut wit skille! lea!ersi(, :Q self$o"ernance ? Source@ Boston esearc *rou( Stu!/,2010


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Ta# a"ens

Ta# as a +orall/ neutral -attle of wits a$ainst te fiscal autorities@ Kuite

!ifferent fro+ +one/?laun!erin$ or frau! )) o+(anies le$al !ut/ to sareol!ers necessitates usin$ offsorefinance to re!uce an! si+(lif/ ta#es

Bank secrec/ is u+an ri$t ))

? HTS4 100 in!e# as F>92 off sore su-si!iaries

? Mauritius is te -i$$est in"estor in In!ia , Britis Vir$in Islan! one of te-i$$est in ina ' Source@ ction i! e(ort, 2010

? ta# a"ens +ake it ar!er to $ain a true (icture of were !e-t an! risklie, for e#a+(le in e!$e fun!s tra!in$ e#otic !eri"ati"esD 4nronsfinances were o-scure! -/ its a-it of i!in$ !e-t in its un!re!s ofsu-si!iaries in te ari--eanD


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Te ike ase@ Te (ro+ise an! (erils of $lo-alisation' Source@ note on or(orate citiGensi(, Sloan Scool of

Mana$e+ent,MIT,200:

case of inerent -enefits an! risks in $lo-alisation

Now to -alance co+(an/ (erfor+ance an! res(onsi-ilities )

*lo-al atletic footwear +arket ? To( 10 control =0Q

ike focuses on esi$n,e"elo(+ent an! +arketin$A contract+anufacturin$

Houn!e! in 19E> -/ 6il 3ni$t

Manufacturin$ =0 Ja(anese

19F2 F0Q fro+ 3orea an! Taiwan ???late F0s In!onesia ,ina an!

Vietna+ To!a/ =00 factories,51 countries, 500,000 workers'onl/22000 !irect

e+(lo/ees

i"ersifie! into ((arel an! s(orts eKui(+ents


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Jan 29, 2015 Saju,VITBS 2:

7(eration st/les Hootwear ' =F su((liers ,+ostl/ in 3orea an! Vietna+,

((arel ' Source fro+ +ulti (ro!uct su((liers, sort lifec/cle,less control

ISS4S.ow wa$es in In!onesia @ E factories '> owne! -/ 3orean

su((liers,25,000 workers' Mini+u+ !ial/ wa$e ,P1 was not$i"en as co+(an/ was e#e+(te! -/ $o"t+nt , e"en wit P1 aworker coul! onl/ +eet =0Q of -are +ini+u+ e#(enses of anin!i"i!ual ,let alone a fa+il/

lso, u+an ri$ts "iolations, (oor workin$ con!itions,(/sical an!se#ual a-use ' ework Ti+es, %SJ,euters,STo!a/,6,BS ews

ikes res(onse@ ; we are +arketers an! !esi$ners Anot+anufacturers

' In 2000 ike sto((e! a((l/in$ for e#e+(tions an! starte! $i"in$P:0 (er +ont, after co+(an/s sales went !own worl! o"er


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Jan 29, 2015 Saju,VITBS 2>

il! la-our in 6akistan

=0Q of worl!s soccer -alls are +a!e in Sialkot

' Sa$a, ikes +ain su((lier,a! outsource! stitcin$ to in!ustrialunits were cil! la-our was ra+(ant

fter I.7 in"esti$ations -usiness sifte! to lesser known interiors8Nealt an! safet/ (ro-le+s in Vietna+

?'Toulene release in +ain su-contracters (lant

nti ike ca+(ai$ns @ Just Sto( It8

ike watc, 7#fa+ ustralia,lean clotca+(ai$ns


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ikes es(onse

? Su((lier co!e of con!uct @ riticis+ @ Mini+alist A illiterate workerscoul! not enforce co!e of con!uct

S occu(ational ealt an! safet/ nor+s for +anufacturers

.a-our (ractices an! 4n"iron+ental action Tea+s ins(ection in a((arel factories -/ own +ana$ers

SN64 initiati"es? a su((lier +entorin$ (ro$ra++e

Me+-ersi( in *lo-al o+(act, *lo-al alliance for workersan! co++unities

6 -litGkrie$ ))


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Jan 29, 2015 Saju,VITBS 2E

Business 4tics +ana$e+ent is te !irect atte+(t to for+all/ orinfor+all/ +ana$e etical issues or (ro-le+s trou$ s(ecific (olicies,

(ractices an! (ro$ra++eso+(onents

Mission or "alue state+ents o!e of etics e(ortin$ La!"ice cannels

isk anal/sis an! +ana$e+ent 4tics +ana$ers ,officers an! co++ittees 4tic consultants 4tics e!ucation an! trainin$ u!itin$,accountin$&re(ortin$' *I etcDD O roun! ta-le

$lo-al o+(act Social accountin$@ inten!e! au!ience -ein$ stakeol!ers oter tan

sare ol!ers, "oluntar/ (rocess, social,etical, en"iron+entalissuesRDDstakeol!er sur"e/ an! !ialo$ue 'HTS4>*oo!Low Jonessustaina-ilit/ in!ices


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Jan 29, 2015 Saju,VITBS 2=


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Jan 29, 2015 Saju,VITBS 2F

e"elo(in$ a cor(orate (olic/?o!e of eticalcon!uct

Ins(iration & *ui!ance Su((ort eterrence & isci(line 4!ucation &trainin$

ontri-ution to (rofessions (u-lic i+a$e 6rotectin$ te status Kuo 6ro+otin$ -usiness interest

Infos/s$%&!'

usto+er !eli$t .ea!ersi( -/ e#a+(le Inte$rit/ & Trans(arenc/ Hairness & (ursuit of e#cellence


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)okia % $ode of *usiness $onduct and thics

okias $oal is not +ere +ini+u+ le$al co+(liance, -ut as an

in!ustr/ lea!er to -e a+on$ te worl!s -est in cor(orateres(onsi-ilit/, (racticin$ $oo! cor(orate citiGensi( were"er it !oes

-usiness Trust reas

4tics an! te .aw

Nu+an i$ts onflicts of Interest, *ifts & Bri-es %ork(lace 6ractices 4n"iron+ent Su((liers I+(le+entationokia e+(lo/ees co++unities i+-i-e tis tru

In!uction, Trainin$ & Internal co++unities


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Jan 29, 2015 Saju,VITBS :0

iscri+ination n/ factor tat is unrelate! to jo- (erfor+ance +i$t -e use! to

!iscri+inate a$ainst e+(lo/ees

nco++on') +arital status,(/sical a((earance, se#ualorientationDDetc

Mana$in$ !i"ersit/ )

4Kual o((ortunit/ (ro$ra++e'474

RDD%ats e"erse iscri+ination)' retri-uti"e justice)

4+(lo/ee (ri"ac/ 6/sical (ri"ac/ ; own s(ace


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If s(/in$ on e+(lo/ees is counter(ro!ucti"e to fosterin$ trust an! inte$rit/ inte work (lace)

?? %it te a-use of co+(an/ ti+e is a (erfectl/ le$iti+ate co+(laint of

co+(anies, we +i$t ask if (olicin$ to (re"ent or i!entif/ suc an a-usele$iti+ates su a far reacin$ incursion into workers (ri"ac/ ' rane&Matten ,200=

So+e oter issues R

6resenteeis+

%ork?life -alance

In!ustrial s(/in$

Hair wa$es

Hle#i-le workin$ (atterns '(art ti+e instea! of full ti+e jo-s))

Hle#i-ilit/ RD+ana$e+ent can !o wat it wants))))

Tea+ workin$ RD e!ucin$ in!i"i!uals !iscretion)))' .e$$e,199F


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%istle -lowin$ %en an e+(lo/ee -lows te wistle on Kuestiona-le or ille$al con!uct , is

retaliation un lawful, unetical or just to -e e#(ecte! ) ;%istle?-lowin$< ? te act of a +an or wo+an wo, -elie"in$ tat te (u-lic interest

o"erri!es te interest of te or$aniGation eLse ser"es, (u-licl/ ;-lows te wistle< ifte or$aniGation is in"ol"e! in corru(t, ille$al, frau!ulent, or ar+ful acti"it/

(Nader, Petkas, and Blackwell, 1972)

Incompetence

Criminal Behavior

Unethical Policies

hreat to P!"lic #a$et%

In&!stices to 'orkers

Te S7O' Sar-anes? 7#le/ act,2002, (ro"i!es for ci"il an! cri+inal(rotection for wistle -lowers

Sat/en!ra u-e/ Inci!ent '200: S Manjunat inci!ent '2005 '6u-lic Interest isclosure an! 6rotection to 6ersons Makin$ te isclosure

Bill, 2010


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Bo6 tesis ' 6rala! an! Nart


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eli+inate (o"ert/ trou$ (rofitsCD ; Botto+ of te (/ra+i! tesis


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Jan 29, 2015 Saju,VITBS :E

in!ustries like foo! retailin$ an! financial ser"ices, wictra!itionall/ ser"e lower?inco+e consu+ers in %estern+arkets, a"e faile! to esta-lis su-stantial +arketsare in lar$e !e"elo(in$ countr/ +arkets

+an/ cor(orate -reaktrou$s in B76 +arkets a"e-een secure! eiter -/ co(/in$ te +o!els !e"elo(e! -/ci"il societ/ or$aniGations 'S7s or -/ esta-lisin$-usiness (artnersi(s wit S7s

Micro cre!it -oo+ in Sout sia to Soli! waste Microenter(rises of sout +erica, SN*s, o++unit/networkin$


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Sustaina-ilit/

e"elo(+ent tat +eets te nee!s of te (resent witoutco+(ro+isin$ te a-ilit/ of future $eneration to +eet teir own

' %orl! co++ission on 4n"iron+ent &e"elo(+ent,19F=

? 4cono+icLSocialL4n"iron+ental

Tri(le -otto+ .ine '4lkin$ton,199F

6eo(le, 6rofit an! 6lanet

B6s -acktrackin$ on sustaina-ilit/8

*I '*lo-al e(ortin$ Initiati"es, *lo-al o+(act

' 4lectrolu# ,Bo!/so(, Britis irwa/s


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Te tree co+(onents of sustaina-ilit/

Source@ rane an! Matten '200>, Hi$ure 1D5, (a$e 22

4cono+icSocial

4n"iron+ental

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