what are some of the general ethical issues in business?
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['Accounting. “Cooking the books” and otherwise conducting unethical accounting practices is a serious problem, especially in publicly traded companies. ... ', 'Social Media. ... ', 'Harassment and Discrimination. ... ', 'Health and Safety. ... ', 'Technology/Privacy.']
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The specific ethical issues that characterised the financial crisis included manipulating credit ratings, the mis-selling of securities, unauthorised trading and the short-selling of bank shares. In addition, there are long-standing ethical concerns regarding practices such as market manipulation and insider dealing.
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Ethics in business is about knowing the difference between right and wrong and choosing to do what is right. There are three intricately related parts to the discipline of business ethics: personal, professional, and corporate.
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In an international business, the most important ethical issues involve employment practices, human rights, environmental norms, corruption, and the moral obligation of international corporations.
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ethical issue. A problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical). USAGE EXAMPLES. It was not a moral issue, but an ethical issue and required a lot of thought and planning to figure out a solution.
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['Maintaining Boundaries. The most common ethical issue faced by mental health professionals is maintaining boundaries. ... ', 'Professional Ability. ... ', 'Personal Problems. ... ', 'Maintaining Confidentiality. ... ', 'Respecting Patient Differences. ... ', 'Getting the Authorities Involved. ... ', 'Maintain Their Role. ... ', 'Maintaining Therapy.']
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Some examples of ethical considerations in operations management decisions include customer safety, employee safety, materials recyclability, waste disposal, pollutions, repetitive tasks, stress in workplace, restrictive company cultures, employment policies, fluctuations in working hours, consumption of energy, energy ...
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While crime, corruption, theft, and fraud are major problems for business owners, hotel managers also face a number of situations that create ethical conundrums. Part-time employment is a common feature in hotels and brings with it turnover, lack of commitment, and low educational levels.
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[' Environmental issues, civil rights issues, increased employee-employer tension, honesty, changing work ethic, rising drug use.', ' Employee militancy, human rights issues, covering up rather than correcting issues.']
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CSR Issues. ... CSR therefore covers a broad spectrum of issues that must be taken into account in business conduct. This includes working conditions, human rights, the environment, preventing corruption, corporate governance, gender equality, occupational integration, consumer interests and taxes.
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Economic globalization and technological change are posing new ethical challenges to multinational corporations. As companies operate across diverse cultural and legal frameworks, moral dilemmas arise in labor standards, marketing practices, environment, corruption and human rights.
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Social and ethical issues in engineering, ethical principles of engineering, professional code of ethics, some specific social problems in engineering practice: privacy and data protection, corruption, user orientation, digital divide, human rights, access to basic services.
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['Confidentiality. Confidentiality is related to Privacy. ... ', 'Commission procedures. Not all premises will be involved with commissions but where they are, certain ethical issues apply. ... ', 'Overbooking. ... ', 'Pricing. ... ', 'Tipping. ... ', 'Familiarization.']
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['The Utilitarian Approach. ... ', 'The Rights Approach. ... ', 'The Fairness or Justice Approach. ... ', 'The Common Good Approach. ... ', 'The Virtue Approach. ... ', 'Recognize an Ethical Issue.', 'Get the Facts.', 'Evaluate Alternative Actions.']
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Ethical behavior is acting in ways that are consistent with how the business world views moral principles and values. The four major factors that can cause ethical problems in the workplace are lack of integrity, organizational relationship problems, conflicts of interest, and misleading advertising.
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On an individual employee level, the most common ethical issue in accounting is the misappropriation of assets. Misappropriation of assets is the use of company assets for any other purpose than company interests. ... For example, a senior level executive may charge a family dinner to the company as a business expense.
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Ethical issues. Ethics are moral principles, or rules, that govern a person's attitudes and behaviour. Ethics apply to the use of computers as much as they do to other things in life. Ethical issues in computing include issues of privacy and cybersecurity.