Business Ethics Ethics in Business From a business perspective, working under government contracts can be a very lucrative proposition. ... From a legal and ethical standpoint, both the testers and the writers of the reports were merely acting as agents on direct orders from a superior. ... From a business law perspective this is the ideal case since a corporation is defined as being a separate legal entity. ...

• Word Count: 2249
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

What can we say about the basis of business ethics: moral norms and values? ... In the full sense of the word, business ethics is a set of rules and laws that are based on the generally accepted values. ... The basis of the contemporary business ethics is the social contract or the informal agreement of the company and its external environment on unified norms of behavior and social responsibility of the company, which affect both the participants of the business, and the society in general. ... If a businessperson wants to run business overseas, he/she should learn if this business is legal;...

• Word Count: 1639
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Corporate Social Responsibility Many moral reformers in business ethics argue that business managers should transform themselves from agents of capital into agents of society who are morally responsible in solving social problems by using economic resources under their control. The traditional agent of capital view states that a corporation's only responsibility lies in making a profit through fair and legal business practices. ... There are also a number of alternative theoretical bases, including the theories of procedural and distributive justice, virtue ethics and th...

• Word Count: 1730
• Approx Pages: 7
• Grade Level: Undergraduate

Brief notes on accounting differences with Anglo-Saxon practices In common with many other mainland European states, accounting in Germany is an integral part of the legal framework, governed by detailed rules set by the state. ... The profession was first given its legal basis in 1931, when the statutory audit of the annual financial statements of public limited companies entered into force. ...

• Word Count: 1649
• Approx Pages: 7
• Grade Level: Undergraduate

These are financial, political, legal and social/cultural influences. ... Legal influences are dispute resolutions; contracts; negotiated, mediated and arbitrated solutions; court solution; and patents, trademarks and copyrights. ... Influences from this are spoken languages; non-verbal language (refers to the messages we convey through body movements, facial expressions and the physical distance between individuals); tastes; religion; varying business practices and ethics; gifts; and bribes. ...

• Word Count: 1675
• Approx Pages: 7
• Grade Level: Undergraduate

These include the political, economic, and legal systems of a country, the culture differences, the availability and cost of resources, the host country's infrastructure, and the country of origin effect. ... (Robinson, Quayle & McEachern, 1994, pp. 40-41) Similarly, the legal system of a country can affect a firm's investment strategy. ...

• Word Count: 2144
• Approx Pages: 9
• Grade Level: High School

In such a situation, it becomes the responsibility of the government to provide an effective legally structured environment for corporates. ... Conclusion Higher profits, pleasing balance sheets, greater performance, nothing shall be effective or sustain a company for a long time if governance and ethics take a back seat. ...

• Word Count: 1427
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate