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Business Ethics by Mind Map: Business Ethics
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Business Ethics

FINANCE

Debt Management

Falsifying financial reports, hiding funds

Paying out management

Buisness Scandals

HUMAN RESOURCE MANAGEMENT

Unions: create unsustainable conditions for employers create sustainable conditions for employees the longer you work the more rights you have?

SALES AND MARKETING

food/products, saying something is good for you when it isn't.

Transparency

Fairness in pricing and distribution

Advertising truth-fullness

marketing dangerous products/services

PRODUCTION

producing a product that is harmful to consumers:

environmental impacts

Outsourcing

PROPERTY AND INTELLECTUAL PROPERTY

Patent, Copyright, Trademark infringements. Misuse

native land

patent monopolies

patent protection

Gene patents

Monopolizing talent

INTERNATIONAL

dumping / selling products at a lower price, lower then value. Used as a competitive threat.

Different codes/Standards

Globalization

Cultural Imperialism

Outsourcing to cheaper labour / sweatshops

Child labour

POLICIES

many businesses have created internal policies pertaining to ethical conduct of employees:

A competitive business environment may call for unethical behaviour .

MANAGING ETHICS

Compliance

Relying on employee values

Ethics exhortation

Managing Values

Business is a game played by individuals, as with all games the object is to win.

What is Business Ethics?

business ethics is the study of standards of business behavior which promote human welfare and the good.

can extend to animal welfare, environment welfare

HOW INDIVIDUALS ACT IN BUSINESS

STRUCTURING BUSINESSES AND THE WAY WORK

how we structure our business society, our laws affecting business , our systems

Corporate Social Responsibility

Ethical Dilemmas

Shareholder Wealth

Profit Maximization

Return on Investment

Externalities

Fiduciary Responsiblity