994 words

Ethical obligations in Michael's Pasta Company contamination case

The ethical issues related here include the financial health of both Michael's Pasta Company (which now includes Southern Pasta) and of the restaurant chain affected by the tainted products, and the physical health of restaurant patrons.

~5 min read

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1,841 words

Ethical principles used to justify environmental pollution by businesses

An ethical issue refers to a situation whereby an organization is required to choose amongst alternatives that must be evaluated as either wrong or right.

~10 min read

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704 words

Ethical decision-making in the Empress Luxury Lines insurance incident

The situation faced by Antonio definitely is a difficult one. On the one hand, Kevin could be jeopardizing the health and well being of the company if he chooses to approach the insurance company and tell them about the incident.

~4 min read

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640 words

Countrywide Financial's role in the subprime mortgage collapse

What is the overall point of the chapter? The overall point of this chapter is that Countrywide, as the nation's largest home mortgage lender before the collapse of the housing bubble, engaged in such rampant fraud that it substantially contributed to the problem that lead to the collapse of the…

~4 min read

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1,558 words

Milton Friedman and John Mackey on corporate social responsibility

The author of this report is asked to review two articles, one by Milton Friedman from 1970 and another by John Mackey from 2005, and to review the principles, standards and ethics cited and pointed to by each article and the merits of both.

~8 min read

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667 words

How ethical behavior reduces transaction costs in business

Business ethics are important in conducting business transactions. There are several reasons for this. First, a firm that behaves ethically in conducting its business transactions reduces the cost of business transactions.

~4 min read

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648 words

Redefining ethics and management in organizational decision-making

Josep M. Lozano conducted a research using analysis of several studies on the topic of Business Ethics with a view to examine the controversial issue relating to ethics and management.

~4 min read

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1,814 words

Economic imperialism and corruption in post-Cold War reconstruction

The Cold War in essence refers to the fierce and open rivalry that started to develop between the United States of America and her various allies, and the Soviet Union and all her allies, after the conclusion of the Second World War.

~10 min read

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1,465 words

Corporate ethics and governance following the Enron scandal

In the rapidly changing business environment and all the industries suffering from very tight competition and numerous problems in the economies of different countries, it is vital for the business environment to work out the global morals and ethics which could be applied to any company operating…

~8 min read

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2,100 words

Manager ethics and shareholder wealth tradeoffs

Ethics in business has become a hot button issue in recent years, in light of a number of scandals in the early 2000s, but also with the whole issue of corporate social responsibility.

~11 min read

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