Business Society and Ethics- Week 2(2)
business ethics的英语作文
business ethics的英语作文In the contemporary world, characterized by rapid technological advancement and globalization, business ethics has become a cornerstone of sustainable corporate practices. Business ethics refers to the principles and standards that guide behavior in the world of business. These principles inform not only legal compliance but also the moral conductof individuals and organizations. Upholding ethical standards is essential for various reasons, which I will discuss in the following essay.Firstly, business ethics fosters trust among stakeholders. Trust is the bedrock of any successful business relationship, be it with customers, employees, suppliers, or investors. When companies adhere to ethical practices, they create a positive image and reputation, which can lead to customer loyalty and enhanced business performance. For example,businesses that are transparent about their sourcing methods, labor practices, and environmental impacts are more likely to win customer trust, leading to higher sales and long-term sustainability. In contrast, companies engulfed in scandals or unethical practices may face public backlash, leading to decreased customer loyalty and potential financial ruin.Secondly, ethical business practices promote a positive workplace culture. Employees are more likely to be motivated, engaged, and productive when they work in an environment that prioritizes integrity and fairness. Companies that advocate for ethical behavior are often seen as more attractive employers, helping them attract and retain top talent. Furthermore, a strong ethical foundation can mitigate risks associated with workplace misconduct, such as fraud or harassment, thereby promoting a safer and more respectful work environment.Moreover, business ethics and corporate social responsibility (CSR) are interconnected. Businesses that prioritize ethical practices often find themselves more aligned with the principles of CSR, which involve acknowledging the impact of their operations on society and the environment. By integrating ethical considerations into their business strategies, organizations can contribute to social good while also enhancing their market position. For example, companies that invest in sustainable practices not only help to protect the environment but also appeal to a growing demographic of socially conscious consumers.In conclusion, the role of business ethics in today’s corporate environment cannot be overstated. Upholding ethical standards fosters trust among stakeholders, enhances workplace culture, and aligns businesses with the broader goals of social responsibility. As the business landscape continues to evolve, organizations committed to ethical practices will not only navigate challenges more effectivelybut also contribute positively to society and the economy at large. In essence, ethics in business is not merely a regulatory requirement; it is a vital component of long-term success and sustainability.。
Business Ethics and Social Responsibility
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There is little evidence that ethical behavior increases profits or that unethical behavior decreases profits… so why bother?
Society as a whole benefits by encouraging economic competition; no one wants to compete with unfair competitors. People feel better when they behave ethically. Unethical behavior can be costly, if there is public outrage leading to a boycott.
Essentials of Business Law -- 4th Edition
© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
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What are the facts? What are the critical issues? Who are the stakeholders? What are the alternatives? What are the implications of each choice?
Chapter 4 Business Ethics and Social responsibility
Essentials of Management for Biz-English Program by John Zhang, GDUFS
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Understand Ethics
Ethics Defined
➢ Ethics, in a business point of view, means a set of moral rules, especially those that guide members of a profession or of an organizational group of business people to deal honestly and responsibly with the public and with each other （商业道德）.
Essentials of Management for Biz-English Program by John Zhang, GDUFS
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Overview of business ethics
• Western Classical view • The purpose of doing business
Essentials of Management for Biz-English Program by John Zhang, GDUFS
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Case illustration
• Sanlu Milk Power Manufacturer
➢ Melamine: ➢ Caused 290,000 infants kidney stones
• The bandwagon effect, closely related to opportunism, is a phenomenon—observed primarily within the fields of microeconomics, political science, and behaviorism.
Business and Ethics
Businesses and EthicsEthics can be defined as the principles of behavior relating to moral conduct and judgment. One area in which ethics have been the subject of increasing debate is that of industry and business. While some people believe that robust business ethics often go unrewarded and may even reduce a company’s competitiveness, others argue that high ethical standards can be conducive and instrumental to the success of a business. I am a strong proponent of the latter view.The first benefit of maintaining a high standard of business ethics is that, in the long run, it will ensure a larger and more loyal customer base. Some businesses conduct their trade with no concern for the preservation of the environment or for the wellbeing of their employees. Examples include clothing retailers that use child labor and pharmaceutical companies that perform biased clinical trials. Most customers are unwilling to make any purchases that would perpetuate these kinds of unethical practices; ultimately, people will choose to spend their money on the products and services of ethically sound companies.In addition to attracting more customers, ethical leadership can also foster improved employee recruitment, retention and productivity. Not surprisingly, most people would prefer to work for a company that demonstrates honesty, integrity and responsibility. For this reason, a worker who found out that his or her boss was engaging in ethically questionable practices would be likely to “jump ship”at the first available opportunity. Furthermore, since ethically strong companies are more appealing to discriminating job seekers, such firms will be able to choose from a wider range of prospective employees and thus select the most talented individuals with the skills needed to further enhance corporate profits.Last but not least, strict ethical standards are instrumental to ensuring that a company does not get into legal or regulatory trouble. Firms with a high level of ethics and responsibility will not only safeguard themselves from potentially hefty fines, but also avoid negative media coverage that can leave a company’s reputation permanently tarnished. In extreme cases, lax ethics can even spell the demise of an entire corporation, as was the case with Bre-X Minerals Limited, World Com, and Enron Corporation. Such fates can be avoided by businesses that place an emphasis on corporate ethics.Admittedly, setting high ethical standards entails certain costs for a business. However, anycost associated with establishing an ethically favorable reputation will ultimately pay for itself as the company attracts more customers, maintains a loyal and motivated workforce, and avoids costly regulatory action. In today’s increasingly competitive business world, perhaps the question that companies should ask themselves is not whether they can afford to be ethical but whether they can afford not to be.Businesses and EthicsEthics can be defined as the principles of behavior relating to moral conduct and judgment. One area in which ethics have been the subject of increasing debate is that of industry and business. While some people believe that robust business ethics often go unrewarded and may even reduce a company’s competitiveness, others argue that high ethical standards can be conducive and instrumental to the success of a business. I am a strong proponent of the latter view.The first benefit of maintaining a high standard of business ethics is that, in the long run, it will ensure a larger and more loyal customer base. Some businesses conduct their trade with no concern for the preservation of the environment or for the wellbeing of their employees. Examples include clothing retailers that use child labor and pharmaceutical companies that perform biased clinical trials. Most customers are unwilling to make any purchases that would perpetuate these kinds of unethical practices; ultimately, people will choose to spend their money on the products and services of ethically sound companies.In addition to attracting more customers, ethical leadership can also foster improved employee recruitment, retention and productivity. Not surprisingly, most people would prefer to work for a company that demonstrates honesty, integrity and responsibility. For this reason, a worker who found out that his or her boss was engaging in ethically questionable practices would be likely to “jump ship”at the first available opportunity. Furthermore, since ethically strong companies are more appealing to discriminating job seekers, such firms will be able to choose from a wider range of prospective employees and thus select the most talented individuals with the skills needed to further enhance corporate profits.Last but not least, strict ethical standards are instrumental to ensuring that a company does not get into legal or regulatory trouble. Firms with a high level of ethics and responsibility will not only safeguard themselves from potentially hefty fines, but also avoid negative media coverage that can leave a company’s reputation permanently tarnished. In extreme cases, lax ethics can even spell the demise of an entire corporation, as was the case with Bre-X Minerals Limited, World Com, and Enron Corporation. Such fates can be avoided by businesses that place an emphasis on corporate ethics.Admittedly, setting high ethical standards entails certain costs for a business. However, anycost associated with establishing an ethically favorable reputation will ultimately pay for itself as the company attracts more customers, maintains a loyal and motivated workforce, and avoids costly regulatory action. In today’s increasingly competitive business world, perhaps the question that companies should ask themselves is not whether they can afford to be ethical but whether they can afford not to be.。
Business ethics
Business ethicsBusiness ethics (also known as corporate ethics) is a form of applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and business organizations as a whole. Applied ethics is a field of ethics that deals with ethical questions in many fields such as medical, technical, legal and business ethics.In the increasingly conscience-focused marketplaces of the 21st century, the demand for more ethical business processes and actions (known as ethicism) is increasing.[1] Simultaneously, pressure is applied on industry to improve business ethics through new public initiatives and laws (e.g. higher UK road tax for higher-emission vehicles).[2] Businesses can often attain short-term gains by acting in an unethical fashion; however, such behaviors tend to undermine the economy over time.Business ethics can be both a normative and a descriptive discipline. As a corporate practice and a career specialization, the field is primarily normative. In academia descriptive approaches are also taken. The range and quantity of business ethical issues reflects the degree to which business is perceived to be at odds with non-economic social values. Historically, interest in business ethics accelerated dramatically duringthe 1980s and 1990s, both within major corporations and within academia. For example, today most major corporate websites lay emphasis on commitment to promoting non-economic social values under a variety of headings (e.g. ethics codes, social responsibility charters). In some cases, corporations have redefined their core values in the light of business ethical considerations (e.g. BP's "beyond petroleum" environmental tilt).。
企业道德和社会责任 Business Ethics and Social Responsibilit
What Business Areas Does CSR Cover
• Ethics - discretionary actions. • Moral righteousness.
• Strategic brand management - Brand building, Brand insurance.’
Corporate social responsibility (CSR) is concerned with the ways in which an organisation exceeds its minimum obligations to stakeholders specified through regulation
• This poses a challenge as there are many different stakeholders with different, perhaps conflicting, expectations.
• Managers will need to take a view on: i. Which stakeholders have the greatest
development in LDCs. • Importance of global brands and corporate
reputations.
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Key Drivers in CSR
• Changing social expectations - Consumers and society in general expect more from the companies whose products they buy. This sense has increased in the light of recent corporate scandals, which reduced public trust of corporations, and reduced public confidence in the ability of regulatory bodies and organisations to control corporate excess.
商学概论chapter 2
2.2. Social Responsibility 企业社会责任 • Social Responsibility
– Balancing the organization’s commitments to groups and individuals (stakeholders) in society 企业在创造利润、对股东承担法律责任的同时，还要 承担对社会环境中相关群体和个人的责任，这些群体 或个人称为组织的利益相关者。
Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 2-17
2.2. Social Responsibility 企业社会责任的主要理论 • 古典理论 明确反对企业承担社会责任。代表人物： Friedman。他认为企业社会责任为经理人提 供了违背股东信托责任并得以自我服务的 途径。即可以通过花股东的钱来追求其个 人的社会，政治和职业抱负，是资源的不 恰当配置
As an employee of Autoliv Australia I am committed to :
• Acting honestly and with the utmost integrity • Respecting the rights of all people within the workplace regardless of race, sex, age, social status or religion • The pursuit of excellence in all that I do • The ongoing improvement of products and processes • Conducting myself in accordance with all company policies and procedures with special consideration of safety requirements for myself and others • Resolving difficulties through consultation • Respecting the rights of co-workers, customers and suppliers to confidentiality • Consistently providing excellent service to all customers • Behaving at all times in a clam manners • Working as part of the team
医药行业专业英语词汇
医药行业专业英语词汇（非常有用）FDA和EDQM术语: CLINICAL?TRIAL：临床试验? ANIMAL?TRIAL：动物试验? ACCELERATED?APPROVAL：加速批准? STANDARD?DRUG：标准药物? INVESTIGATOR：研究人员；调研人员PREPARING?AND?SUBMITTING：起草和申报? SUBMISSION：申报；递交? BENIFIT （S）：受益? RISK（S）：受害? DRUG?PRODUCT：药物产品? DRUG?SUBSTANCE：原料药? ESTABLISHED?NAME：确定的名称? GENERIC?NAME：非专利名称? PROPRIETARY?NAME：专有名称；? INN（INTERNATIONAL?NONPROPRIETARY?NAME）：国际非专有名称? ADVERSE?EFFECT：副作用? ADVERSE?REACTION：不良反应? PROTOCOL：方案? ARCHIVAL?COPY：存档用副本? REVIEW?COPY：审查用副本? OFFICIAL?COMPENDIUM：法定药典（主要指USP、?NF）．? USP （THE?UNITED?STATES?PHARMACOPEIA）：美国药典NF（NATIONAL?FORMULARY）：（美国）国家处方集? OFFICIAL＝PHARMACOPEIAL=?COMPENDIAL：药典的；法定的；官方的? AGENCY：审理部门（指FDA）? IDENTITY：真伪；鉴别；特性? STRENGTH：规格；规格含量（每一剂量单位所含有效成分的量）? LABELED?AMOUNT：标示量? REGULATORY?SPECIFICATION：质量管理规格标准（NDA提供）? REGULATORY?METHODOLOGY：质量管理方法? REGULATORY?METHODS?VALIDATION：管理用分析方法的验证COS/CEP?欧洲药典符合性认证ICH（International?Conference?on?Harmonization?of?Technical?Requirements?for?Registration?of PharmaceuticalsforHumanUse)人用药物注册技术要求国际协调会议ICH文件分为质量、安全性、有效性和综合学科4类。
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Ethical Issues In the USA: 1960s
Environmental Issues Civil Rights Issues Increased employee-employer tensions Changing work ethics Rising drug use
Ferrell, Fraedrich and Ferrell, pg 11
Ethical Issues In the USA: 1980s
Bribes and illegal contracting practices Influence peddling Deceptive advertising Financial fraud Transparency issues
Personal Ethics and Business Ethics
Form groups of 3 to 5 students. Prepare your answers to the following questions. 1. How are personal ethics and business ethics the same? 2. How are personal ethic and business ethics different?
National Business Ethics Survey
More misconduct was reported in large organizations. Most reporting of misconduct comes from higher levels of management, as opposed to supervisors and non-managers. Why do you think this is true?
Why study business ethics?
“Many people who have limited experience suddenly find themselves making decisions about product quality, advertising, pricing, sales techniques, hiring practices, and pollution control. The values learned from family, religion, and school may not provide specific guidelines for these complex business decisions.”
Ferrell, Fraedrich and Ferrell, pg 6.
Business in Society
What purposes do businesses serve in society? In a group of 3 to 5, list five benefits businesses provide society.
Ferrell, Fraedrich and Ferrell, pg 11
Ethical Issues In the USA: 1970s
Employee militancy Human rights issues Covering up rather than correcting issues
Ethics and profits
Do ethics and profits go together? Think up and list five cases where good ethics can lead to increased profits. Think up and list five cases where good ethics can lead to increased profits.
Ethical culture
Ethical culture describes the component of corporate culture that captures the values and norms that an organization defines as appropriate conduct.
Benefits of Business Ethics
-Ethics contributes to employee commitment -Ethics contributes to investor loyalty -Ethics contributes to customer satisfaction -Ethics contributes to profits (sometimes)
Ethics and the law
Can an action be ethical even if it is against the law or the company’s regulations? Can an action be unethical even if it is legal or in accordance to the company’s regulations? Form groups of 3 to 5 List 3 possible cases where being ethical may be illegal or against company policy. List 3 possible cases where following the laws or regulations may be unethical.
Ferrell, Fraedrich and Ferrell, pg 6.
Academic ethics?
“Several scientists have been accused of falsifying research data” Including the famous case “Hwang Woo-Kuk was found to have faked some of his famous stem-cell research.”
Ferrell, Fraedrich and Ferrell, pg 6.
Business Ethics
“Business ethics comprises the principles and standards that guide behavior in the world of business.”
Ethics Case Study
Might makes right
Ferrell, Fraedrich and Ferrell, pg 11
Ethical Issues in China
Are they the same as in the USA? What issues might be different? What issues might be the same?
Business Society and Ethics
Week 2
Ethics
“Ethics has been called the study and philosophy of human conduct, with an emphasis on determining right and wrong.”
Ferrell, Fraedrich and Ferrell, pg 11
Ethical Issues In the USA: 1990s
Cybercrime Financial mismanagement International corruption Loss of employee privacy Intellectual-property theft
Ferrell, Fraedrich and Ferrell, pg 11
Ethical Issues In the USA: 1990s
“Sweatshops” and unsafe working conditions in foreign environments Rising corporate liability for personal damages (e.g. cigarette companies) Financial mismanagement and fraud
Ferrell, Fraedrich and Ferrell, pg 8 and 9
Why do you think scientists have falsified data? What are the possible consequences for the scientists, the public and the organizations they work for?