Students must answer TWO questions with equal weighting, a compulsory question on stakeholders and a further question from a choice of THREE optional questions. HCBE’s mission is to give leadership in the creation of organizational cultures that align effective business performance with ethical business conduct. As an integrated part of the business ethics procedure, all relevant employees go through mandatory training on this and other ethics issues. But short cuts are rarely the ethical choice, and they certainly aren’t in this case.
Primarily, ethics is concerned with the consequences of future actions, as a method to evaluate whether an action that has not yet occurred should be undertaken. Although it is rarely the conscious intent of a business to harm the public interest, reality dictates that the businesses ability to increase profits will determine its success. He’s the one who first introduced me to the then-editor of Canadian Business and got me this gig.
Enron’s auditor, Arthur Andersen, was found guilty in a United States District Court of illegally destroying documents relevant to the SEC investigation which voided its license to audit public companies, effectively closing the business. Consider the case of Healthy Buildings International (HBI), an independent building inspection business. Another case study involves quality control for a company that manufactures electronic components for computer servers.
The primary problem in applying Maslow’s hierarchy to ethics is that Maslow explores the motivations of the individual to act in his own benefit, whereas ethics most often considers the effect of actions upon others. Governments use laws and regulations to point business behavior in what they perceive to be beneficial directions. The primary ethical duty of managers is to apply their business skills and keep up the good work.
The international business school offers a full-time MBA, an executive MBA, a master’s in management, as well as open enrollment and customized executive education programs. In this sense, the action of the business is influenced by the perceived future action of the intended customer.