Law and Ethics in the Business Environment
Business ethics has been described as the very spirit of the law. That spirit emanates from morality, which in turn, draws from personal values. This paper discusses the approaches by which the law provides for standards and compliance in business. It discusses and demonstrates how ethics is applied in the business environment in 7 present-day scenarios: privacy, affirmative action, sexual harassment, product liability, safety in the workplace, environmental production and intellectual property.
Analysis of microfinance and rural entrepreneurship in developing contexts
The objective of this study is to conduct an analysis of the field of entrepreneurial finance and to describe important issues or current dilemmas in the field. Toward this end, this study will conduct an extensive review of literature in this area of inquiry.The difference between rural and urban entrepreneurship is reported in the work of Ahirrao and Chaugule (2010) to be "only a matter of degree rather than the content." (p.1) Ahirrao and Chaugule state that "It is essential to have a balanced regional development of the country and to avoid the concentration of industry in one place. Rural areas must try for better utilization of human resources to improve the rural economy." (2010, p.1) The industrial unit in rural areas or rural industries include such as "handlooms, handicrafts, sericulture, agro-based units, service industries, rural workshops, metal-based industries, dairy and related activities" as well as others. (Ahirrao and Chaugule, 2010, p.1)