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Walton Business Ethics: Business Ethics Term Paper

They have achieved gripping solutions to the two main questions put by the stakeholder's theory that underline the moral presupposition of running a business - which are regarding purpose and human relationships. Stakeholder theory initiates with the supposition that values are necessarily and unequivocally a part of performing business and shuns the separation hypothesis. This hypothesis of separation starts with the assumption that ethics and economics can be clearly and stridently de-linked. A lot of advocates of a shareholder, solitary objective view of the enterprise differentiate the economic from the ethical outcomes and values. The resulting theory is a constricted view which cannot probably do justice to the panoply of human actions which is creation of value and trade. (Stakeholder Theory and the Corporate Objective Revisited)

References

Business Ethics. Wikipedia, the free encyclopedia. Retrieved at http://en.wikipedia.org/wiki/Business_ethics....

Accessed on 5 July, 2005
Expanding the Value Horizon: Stakeholders as Source of Competitive Advantage. 2004. Retrieved at http://www.sustainablevaluepartners.com/svp_stakeholder_value.pdf. Accessed on 5 July, 2005

Freeman, Edward, R; Wicks, Andrew C; Parmar, Bidhan. Stakeholder Theory and the Corporate Objective Revisited. Organization Science. Vol. 15, No. 3, May-June 2004, pp. 364-369. Retrieved at http://my.t-bird.edu/files/personalfiles/133488/10Corp_Obj_Freeman_Reply.pdf. Accessed on 5 July, 2005

Murphy, J.J. The Concepts of Vision and Mission Revisited: Case Histories Wal-Mart, Hewlet Packward, Matsu*****a Appliances and the Body Shop. Retrieved at http://www.negotiationeurope.com/articles/mission-vision.html. Accessed on 5 July, 2005

Sam Walton- Wal-Mart Corporation. Retrieved at http://www.anbhf.org/laureates/swalton.html. Accessed on 5 July, 2005

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References

Business Ethics. Wikipedia, the free encyclopedia. Retrieved at http://en.wikipedia.org/wiki/Business_ethics. Accessed on 5 July, 2005

Expanding the Value Horizon: Stakeholders as Source of Competitive Advantage. 2004. Retrieved at http://www.sustainablevaluepartners.com/svp_stakeholder_value.pdf. Accessed on 5 July, 2005

Freeman, Edward, R; Wicks, Andrew C; Parmar, Bidhan. Stakeholder Theory and the Corporate Objective Revisited. Organization Science. Vol. 15, No. 3, May-June 2004, pp. 364-369. Retrieved at http://my.t-bird.edu/files/personalfiles/133488/10Corp_Obj_Freeman_Reply.pdf. Accessed on 5 July, 2005

Murphy, J.J. The Concepts of Vision and Mission Revisited: Case Histories Wal-Mart, Hewlet Packward, Matsu*****a Appliances and the Body Shop. Retrieved at http://www.negotiationeurope.com/articles/mission-vision.html. Accessed on 5 July, 2005
Sam Walton- Wal-Mart Corporation. Retrieved at http://www.anbhf.org/laureates/swalton.html. Accessed on 5 July, 2005
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