Ethics & Business

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Situation No. 1: One of your company’s major suppliers is having an annual “Customer Appreciation Golf Outing” which includes a round of golf at an upscale private country club, a box lunch, a hat, and a sleeve of golf balls (with your supplier’s logo on the hat and golf balls), dinner and moderate prizes. Total value: about $400.00. Your boss wants you to go because it’s a chance to get to know the supplier’s personnel as well as your peers in other companies. Discuss and analyze the ethical aspects of this situation.

Situation No. 2: You visit a supplier overseas and find that it is a major polluter of a local river. Amazingly, that doesn’t violate any laws in that country. Discuss and analyze the ethical and socially responsible aspects of this situation.

Situation No. 3: You and your boss followed a long-standing practice of not divulging a bidder’s price to other competing suppliers. Your boss retired and her replacement from the government sector sees things differently; she wants you to divulge suppliers’ prices, the way she did it in governmental situations. She argues such open sharing is the way to get the lowest prices and thereby reduce your company’s costs. Discuss and analyze the ethical aspects of this situation.

Sample Solution

Business ethics is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations (Tony, 2017). Ethics concern an individual’s moral judgments about right and wrong. Ethical behavior and corporate social responsibility can bring significant benefits to a business. For example, they may: attract customers to the firm’s products, thereby boosting sales and profits (Tony, 2017).

ocial government assistance plans. The Government on account of Madagascar has been continually changing and there are profound – established auxiliary issues. The pace of prophylactic use in Mauritius could be contrasted with that in Europe and North America though in Madagascar, contraceptives have quite recently as of late become a free item for ladies. In this way, it is obvious that Madagascar despite everything has far to go and needs to rebuild its economy.

End

Madagascar is in the third phase of the segment progress model and is confronting a few obstructions in changing to the following stage. The greatest test looked by Madagascar, as stressed in the past segments, is political steadiness. Madagascar needs to rebuild its economy and so as to do this it needs a solid and stable government set up. Work creation is another achievement that needs earnest consideration in Madagascar. The degree of instruction and female work power support are significant determinants of ripeness conduct. Furthermore, henceforth, these require colossal consideration. In any case, instruction should be a need for the development and improvement of any nation. Hence, a desperate need is felt for the administration to put vigorously in every aspect of populace and financial improvement.

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