COB Notes Chapter 4 - Introduction to Business Chapter 4...

Info icon This preview shows pages 1–2. Sign up to view the full content.

Introduction to Business Chapter 4 Ethics More than legality Standards are fundamental Ethics begin with each of us Top US Ethical Issues Improper Accounting Practices Deceptive Sales/ Marketing Practices Conflicts of Interest Lying on Reports/Falsifying Records Dishonesty with customers Lack of Public Trust in Corporate America Bribes and Kickbacks Ethics of MBA Students Percent of MBA students who would: Buy sock on inside information 52 Reveal Corp. Secrets to Spouse/Family 50 Let a Gift Sway Purchasing Decision
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 26 Pay someone off to close a business deal 13% Codes of Ethics Compliance-Based Integrity-Based Steps to Improve US Business Ethics 1. Top management support 2. Employees’ understanding 3. Managers’ training 4. Ethics office 5. Outsider must be informed 6. Enforcement of ethics code Most Admired Global Companies 1. General electric 2. Toyota 3. Procter & Gambel 4. FedEx 5. Johnson & Johnson 6. Microsoft 7. Dell 8. Berkshire 9. Apple 10.Wal-Mart...
View Full Document

  • Fall '06
  • Balmer
  • Business Ethics, Ethics , training Ethics office Outsider, Enforcement of ethics, Practices Deceptive Sales/, MBA Students Percent

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern