Business Ethics and Law

This paper is composed for the individual assignment for week 2 of the MBA 633 Legal Issues in the Workplace course. The topic for this assignment consists of the differences between ethical and legal business issues. This paper will provide answers to questions related to employee behavior away from the office, and the Foreign Corrupt Practices Act and bribes. Both topics have been presented in the form of video cases (video 93 and 98) found in the Cengage digital video library.

Abandoned minors are no longer protected from liability on their contracts, merchants are still reluctant to deal with them on a credit basis, fearing that they may still attempt to disaffirm, or

Hartman, E. (2006). Can We Teach Character? An Aristotelian Answer. Academy of Management Learning & Education, 5(1), 68-81

Luke, an ABC employee, is currently working on a land development project consisting of building an adult entertainment store in a neighborhood where Luke’s brother, Owen, lives. Luke knows that Owen has been considering selling his home but that he is putting it off expecting the real estate market to improve in a few years, yet Luke knows that the project will cause the opposite effect.

15. How should the company resolve a claim for assault, battery and false imprisonment arising out of an altercation with one of the company’s employees and how can the company protect itself against such claims in the future?

Business ethics refers to the consideration of moral decisions and responsibilities in the process of operating a business. Business ethics, practiced throughout the deepest layers of a company, become the heart and soul of the company 's culture and can mean the difference between success and failure. Values drive behavior and therefore need to be consciously stated, but they also need to be affirmed by actions. Ethical business environments are created with foundations of integrity, accountability and commitment.

2. I feel like they might have had a contract but they didn’t actually agree to it. First off the contract was not defined right because both parties didn’t have an understanding of it. Plus he did not accept the offer confirming that he was accepting the price and when he did Hazelton’s amitted to the mistake. When he did that he took the offer off the table so in the end whatever contract they had was invalid.

This business featured on The Profit was in an awful situation. The Swanson Fish Market was rebuilt after their business burnt down in the past so they had to start over basically. However, they got a lot of insurance money to restart the business but they somehow weren’t doing very good. This business did a lot of unethical things to get into $900,000 worth of debt like employees buying the product with their own earned money just to keep the business alive and they aren’t willing to give up some things to keep the business running.

As businessmen, they should first be a person. As a person, they use their products to hurt another person, as if you invented a killer and kill others for you. Is it not a murder?

The current focus on corporate culture in managerial theory, on character development in business ethics, and on the work/family relationship in

The relationship between ethics and profit is regarded to be very crucial in the business world. In most of the cases business ethics and profits are considered to be at conflict, where we get to choose one and lose the other. There have been instances of both where a company attains profit by establishing ethical values and a company making profits while employing unethical methods. The ultimate motive of running any business is the maximization of profit, so people tend to forget the ethics which are vital while trying to make profits. Experts believe that it is not always necessary to forgo our basic ethics to attain the goal, though it may seem as a very subjective thing. How ethics can be followed

As a business owner or manager, one must always be aware of potential risks and liabilities, and perform necessary actions to limit or remove those liabilities in their entirety. These foreseeable risks are situations which can subject the owner to different types of torts. Furthermore, beyond just reducing the possible financial and criminal liability, owners have an ethical responsibility to provide an environment free of the risk of damages to their customers. The following is a discussion of a potentially tortious situation, legal and ethical responsibilities of the owner, and methods of mitigating risk.

In this ever evolving world that we live in today many problems and drastic things happen. I chose a web article discussing the facts of a real life business law ethics dilemma that involves something about 99 percent of society has today. Ten years ago it was a simple flip and few keys to make phone calls or a simplistic text message; today it has evolved into a hand held computer with advances that never would have been imagined. Phones are used in business to make clientele list, web videoing with clients, setting appointments endless uses. Cell phones have become an integral part of communication in businesses. Sales departments, field workers and traveling employees use them to communicate with the firm or with clients. Global Positioning Service allows you to take work into the field and become mobile. They fill an important void in distance communication used by appointments face to face. On the other hand cell phones do present some challenges for quality business organizations. Or in this case can lead to the conviction of a criminal who committed murder.

This case study was a powerful example to illustrate the presence of ethics within the

Ethics describes combination of values that guide the behavior and conduct of persons or entities. It facilitates them to distinguish between wrong and right, good and bad, what can be or should be done and what cannot and should not be done. Business contracts are lawfully binding. However, they are effectual with a robust ethical framework where parties observe and satisfy their contractual responsibilities. An efficient operative economy is enabled by competing for, acquiring and completing contracts ethically. In the case of engaging in unethical conduct a company may lose contracts, particularly government contracts, and waste resources in litigation while looking for damages. This article describes the strategy notion and different methodologies to the tactical use of social responsibility and ethics for the business environment and also impact to the employee