Ethics In Business Decisions And Competitive Advantage


Ethics In Business Decisions And Competitive Advantage
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Ethics In Business Decisions And Competitive Advantage


Ethics In Business Decisions And Competitive Advantage
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Author : JOHN. TRIANTIS
language : en
Publisher: Productivity Press
Release Date : 2024-10-16

Ethics In Business Decisions And Competitive Advantage written by JOHN. TRIANTIS and has been published by Productivity Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-10-16 with Business & Economics categories.


Business ethics are the set of practices and policies that companies use to guide them through decisions about finances, negotiations and deals, corporate social responsibility, and more. Without a strong set of ethics, a business can run afoul of the law, encounter financial pitfalls and moral dilemmas. The objective of this book is a practical, fair, balanced, and objective treatment of the role of ethics in business performance of companies in competitive markets that demonstrates how ethics affects business culture, strategy, decision-making, and value creation, which then determine competitiveness and business viability. The universality of corruption and prevalence of unethical conduct is the background from which the narrative describes how ethical issues enter all functional areas. The ethics effects on the complexity of decisions and challenges are examined and the questions of why bother with ethical business and whether businesses invite government regulation are answered. Next, a framework is developed to identify and trace links and influences of business ethics on strategic decisions, corporate culture, and decision-making. The effects of strategy and culture on key business success factors and their interdependence are reviewed along with those with competitive advantage elements. These assessments then form the basis of characterizing competitive advantage in the framework developed. Decision-making and strategy links with competitive advantage elements and the inter-competitive advantage element interactions are evaluated along with competitive advantage organizational effects. The uniqueness of this book is the creation of a method to identify and assess how ethics impacts business decisions and competitive advantage based on accepted economic tenants. It lays the plan for quantitative assessments of the impact of ethical behavior and it is written from the perspective of a business economist. Other books deal with business ethics elements only; none explains how ethics effects permeate to business sustainability. The main contribution of this book is demonstrating that ethics is a necessary factor for business sustainability. It provides insights to regulators at all government levels and counter-balances ethicist claims about business ethics and points out how ethical business conduct affects the economy.



International Business Ethics And Growth Opportunities


International Business Ethics And Growth Opportunities
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Author : Wolf, Ruth
language : en
Publisher: IGI Global
Release Date : 2014-12-31

International Business Ethics And Growth Opportunities written by Wolf, Ruth and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-31 with Business & Economics categories.


In the modern business environment, companies strive to create a sense of moral obligation within their employees in an effort to foster a concern for social welfare and justice among global organizations. Despite the efforts of managers and directors, many companies continue to find it difficult to overcome the moral dilemmas of the corporate sector. International Business Ethics and Growth Opportunities presents the necessary methods and resources for managers and directors to be successful in leading their corporations in a responsible and morally conscious manner. Examining the dangers of unethical behavior, this book provides the strategies and tools for proper management to encourage company strength and success. This publication is an essential resource for academicians, researchers, officials, post-graduate students, and professionals in the fields of business and business education interested in ethical decision making on the individual and company level.



Ethics And Decision Making For Sustainable Business Practices


Ethics And Decision Making For Sustainable Business Practices
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Author : Oncioiu, Ionica
language : en
Publisher: IGI Global
Release Date : 2017-12-15

Ethics And Decision Making For Sustainable Business Practices written by Oncioiu, Ionica and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-15 with Business & Economics categories.


Alongside increasing demands for transparency and accountability, business governance is transforming due to decades of economic turmoil, regulatory reform, and technological change. There is now a holistic approach to this concept, as it is no longer just about running companies and organization efficiently. Ethics and Decision-Making for Sustainable Business Practices is a critical scholarly resource that examines issues of sustainability, ethics, governance, and cultural influence in the business world. Featuring coverage on a broad range of topics such as entrepreneurship, cost management, environmental business, and cultural diversity, this book is geared towards managers, leaders, researchers, and organizations interested in the integration of sustainable business practices.



The Ethical Leader


The Ethical Leader
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Author : Morgen Witzel
language : en
Publisher: Bloomsbury Publishing
Release Date : 2018-12-13

The Ethical Leader written by Morgen Witzel and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-13 with Business & Economics categories.


Ethical behaviour by businesses, or their staff, is often seen as the corporate and social responsibility icing on an organizational cake – something that is nice to do but never really essential. But by turning this view around – and making ethical behaviour a primary focus – Witzel shows how businesses can create and maintain long-term competitive advantage. Trust and respect among key stakeholder groups, particularly employees and customers, cannot be overstated in their importance to an organization's success: trust engenders loyalty and good reputation, which in turn builds brand value. However, while ethical behaviour is key to trust-building, in order for an organization to see lasting, positive outcomes it needs to go deeper than something managers do out of a sense of moral duty. The Ethical Leader shows why ethical practice has to be the platform on which a strong and enduring business can be built, and leaders and managers need to provide the necessary tools and insights to enable this to happen. Witzel offers a practical introduction to some of the key concepts in ethics, including how to deal with ethical paradoxes and making ethical decisions. The book explores the specifics of what makes an ethical leader, and how leaders can communicate values and standards across an organization in order to engage the trust of employees, consumers, shareholders and the wider community.



Business Ethics And Managerial Values


Business Ethics And Managerial Values
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Author : S. K. Bhatia
language : en
Publisher: Deep and Deep Publications
Release Date : 2002

Business Ethics And Managerial Values written by S. K. Bhatia and has been published by Deep and Deep Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business ethics categories.


The book covers key topics in the three fields of corporate social responsibility, business ethics corporate governance, and numerous other related topics to build corporations commitment to ethics management, critical role of value based managerial leadership.



Handbook Of Research On Business Ethics And Corporate Responsibilities


Handbook Of Research On Business Ethics And Corporate Responsibilities
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Author : Daniel E. Palmer
language : en
Publisher: IGI Global
Release Date : 2015-01-31

Handbook Of Research On Business Ethics And Corporate Responsibilities written by Daniel E. Palmer and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-31 with Business & Economics categories.


While skeptics once saw the concept of business ethics as an oxymoron, modern businesses are proving them wrong. Success depends not only on educating young professionals about ethical practices, but on the implementation of these practices in all aspects of a company. The Handbook of Research on Business Ethics and Corporate Responsibilities explores the fundamental concepts that keep companies successful in the era of globalization and the internet. Investigating the implementation of best practices and how ethics can be taught to the next generation of business experts, this handbook is an essential reference source for students, academics, business managers, or anyone interested in the increasingly interdisciplinary field of business ethics and its applications in the world today.



Business Ethics Of Innovation


Business Ethics Of Innovation
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Author : Gerd Hanekamp
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-05-06

Business Ethics Of Innovation written by Gerd Hanekamp and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-05-06 with Philosophy categories.


Firms generally depend upon innovations in order to achieve advantages on competitive markets, thus also raising societal questions. Business ethics provides a normative framework for balancing the different perspectives, values, and interests at stake. This balance must be achieved both at relevant firm and regulatory levels. Business Ethics of Innovation is thus necessarily an interdisciplinary endeavour. This volume assesses general questions of how business ethics may contribute to adequate innovations and specifically discusses respective case studies in pharmaceutical and IT sectors.



The Science Of Decision Making


The Science Of Decision Making
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Author : ANGELA ELDER
language : en
Publisher: ANGELA ELDER
Release Date : 2023-01-03

The Science Of Decision Making written by ANGELA ELDER and has been published by ANGELA ELDER this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-03 with Business & Economics categories.


"The Science of Decision Making: Rationality in Business" is a captivating exploration of the cognitive processes and psychological factors that influence decision-making in the business world. This insightful book delves into the principles of behavioral economics, neuroscience, and decision theory to uncover the underlying mechanisms behind human choices. From understanding biases and heuristics to applying evidence-based strategies for making sound decisions, each chapter offers practical insights and actionable techniques to help business leaders enhance their decision-making skills. Whether you're faced with complex strategic decisions or day-to-day choices, "The Science of Decision Making" equips you with the knowledge and tools needed to navigate uncertainty, mitigate risks, and optimize outcomes in business contexts. With real-world examples and expert analysis, this book is an indispensable resource for anyone seeking to make more informed and rational decisions in today's fast-paced and competitive business environment.



Business Ethics


Business Ethics
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Author : Manuel G. Velasquez
language : en
Publisher:
Release Date : 1988

Business Ethics written by Manuel G. Velasquez and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Business & Economics categories.


This book emphasizes the strategic importance of ethics to securing a competitive advantage in business. This systematic and comprehensive treatment of ethical issues in business is designed to introduce the reader to the ethical concepts that are relevant to resolving moral issues in business. It develops the reasoning and analytical skills needed to apply ethical concepts to business decisions. MARKE: For anyone interested in Business Ethics and/or Business and Society.



Bringing Business Ethics To Life


Bringing Business Ethics To Life
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Author : Bjørn Andersen
language : en
Publisher: Quality Press
Release Date : 2004-06-30

Bringing Business Ethics To Life written by Bjørn Andersen and has been published by Quality Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-06-30 with Business & Economics categories.


Maintaining solid corporate ethics goes beyond just being a ‘feel good’ story or a good public relations angle. Organizations that demonstrate strong ethical commitments can gain a real competitive advantage over others by keeping employees happy and productive and keeping customers satisfied and loyal, while avoiding some of the unexpected pitfalls that may beset a less ethical organization. These factors all lead to a more stable and consistent organization, and will improve the bottom line and drives higher profits. The erosion of business ethics affects everyone, from the employees laid off, stockholders losing investments, to customers paying a higher price or receiving lesser quality. In Bringing Business Ethics to Life: Achieving Corporate Social Responsibility, best selling author Bjørn Andersen has written an easy to read yet powerful book demonstrating the need for solid ethics in every organization. Andersen first explains the importance of creating a strong ethical culture within every organization, demonstrating the positive effects it will have throughout the business. He then shows how business leaders can make this happen, by introducing a holistic value-driven and ethically based model of leadership and management that can bring about dramatic changes for any organization.