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Business ethics – case studies and selected readings (Marianne M. Jennings)

CC-by-sa ethify.org & literature

In this sixth edition of the book the author, who also wrote The Seven Signs of Ethical Collapse, compiled and analysed 116 case studies, while also provided a further information about the topic in selected readings. The topics inspect the relations between corporations, public, governments, as well as employees and employer dynamics. Author also supplies discussion questions after each case study, to make reader truly consider the situation.

ETHICAL v/s LEGAL

CC-by-sa ethify.org & literature
CC-by-sa ethify.org & literature

 Wall Street Ethics. Millions of people worldwide are involved in trading almost $5.3 trillion per day at the market, but has anyone ever pondered over how much profit does the investment banks make? Let alone this, how much turnover do you actually make? Is it 50%? If yes, then you are outperforming the average profit of almost 76% of the traders worldwide. In this scenario if you realize that the bank initiating the investment is making 100% profit quarterly by trading your money, how would you feel? This is not fiction it’s based on facts. Do you feel cheated?

DILEMMAS IN LIFE

CC-by-sa ethify.org & literature
CC-by-sa ethify.org & literature

The author has different take on the values represented in our society. In the book, the author has written about a lot of theories. According to the Divine Command Theory, the resolution of the dilemmas is based upon religious beliefs. Ethical dilemmas are resolved according to tenets of faith, such as the Ten Commandments for the Jewish and  Christian faiths. Central to this theory is that decisions in ethical dilemmas are made on the basis of guidance from a divine being.

Filmzusammenfassung Workingman's death

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Der Dokumentarfilm „Workingman's death“ ist im Jahr 2005 erschienen und Regie führte der Österreicher Michael Glawogger. Der Film zeigt fünf Bespiele für körperliche Schwerstarbeit unter sehr extremen Arbeitsbedingungen an verschiedenen Orten der Erde. Der Film ist in fünf Episoden unterteilt. Die erste Episode mit dem Titel „Helden“ spielt im ostukrainischen Donbass-Kohlerevier. Dort versuchen Bergleute Kohle in illegalen Kohle-Minen abzubauen. Staatliche Kohle-Minen sind geschlossen und somit muss die lokale Bevölkerung schauen, wie Sie über die Runden kommt. Vor allem wird im Film gezeigt, unter welchen Bedingungen Sie ihre Arbeit verrichten. In einem Schacht von nur 40 cm und mit einfachen Werkzeugen versuchen Sie die Kohle aus dem Berg herauszuschlagen.

Importance of morality

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Summary of chapter 'Individual morality in organisations' from ',Managing Values and Beliefs in Organisations' by Tom McEwan

The summarised chapter can be divided into 2 main parts. First one study the influence of morality on the ethical studies. Second one show how great is the influence of moralities, and gives us examples of problems, as a result of them.

We feed the world

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„Die Botschaft ist: wir müssen anders leben. Wir können so sicher nicht weiterleben. Wir müssen anders leben, wir müssen anders essen, anders einkaufen, wir müssen andere Filme anschauen.“
(Erwin Wagenhofer auf http://www.we-feed-the-world.at/team_interview.htm#head13)

Einführung in die Wirtschaftsethik

Einführung in die Wirtschaftsethik
von Karl Homann und Christoph Lütge

In den ersten 2 Kapiteln beschreiben Homann und Lütge in ihrem Buch die wichtigsten Begriffe und Theorietypen der Ethik. Danach folgt ein Kapitel, welches über ein zweifaches Verständnis von Wirtschaftsethik, sowie deren Abhängigkeit zu einem zweifachen Verständnis der Ökonomik skizziert und das präferierte hervorhebt. In den letzten Kapiteln werden theoretische Optionen skizziert, die der Wirtschaftsethik zur Klärung des Problems von Marktwirtschaft und Ethik offen stehen.

Welche Werte hat der Autor im Sinn?
• Gerechtigkeit
• Umsicht
• Balance
• Kooperation
• Fairness
• Zufriedenheit

Natural Capitalism - The Next Industrial Revolution

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Natural Capitalism - The Next Industrial Revolution

Paul Hawken, Amory B Lovins, L.Hunter Lovins
Earthscan, London, 1999
ISBN: 1853834610

 

"The first rule of sustainability is to align with natural forces, or at least not try to defy them."

Why I chose this book?

CZECH DREAM

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Český sen / Czech dream

summary:

Czech Dream is the Czech documentary film, which premiered in February 2004.
The feature film about the preparation of an advertising campaign and opening hypermarket, which did not really exist.
The event was implemented by two film students, who hired an advertising agency to do a new advertising for new hypermarket called "Czech Dream" for them. They filmed and documented the whole preparation and conduct advertising campaigns and eventually crowd about 3,000 customers who came in Saturday, May 31, 2003 to a car park Letňany.

Czech Dream

CC-by-sa ethify.org & literature

Český sen / Czech dream

movie summary:

Czech Dream is the Czech documentary film, which premiered in February 2004.
The feature film about the preparation of an advertising campaign and opening hypermarket, which did not really exist.
The event was implemented by two film students, who hired an advertising agency to do a new advertising for new hypermarket called "Czech Dream" for them. They filmed and documented the whole preparation and conduct advertising campaigns and eventually crowd about 3,000 customers who came in Saturday, May 31, 2003 to a car park Letňany.

Wem gehört das Wasser

CC-by-sa ethify.org & rasos

The documentation “Wem gehört das Wasser” telecasted by the WDR discusses the handling and distribution of the water resources on earth. The documentation considers how the company Nestlé operates in different countries. Nestlé was chosen due to its global dimensions and is standing representative for many other big companies. In the selected countries, either the access of the population on drinking water is limited for example in Africa or there is a negative influence on the nature. In both cases it is also considered if the auctions are legal or against the law.

Why Managers Make Bad Decision

Why managers make a bad ethical choices? They try to do get more customers, make more profit and being a best manager. They believe that the activity is within reasonable ethical and legal limits – thats not “ really ” illegal or immoral. There is a line between right and wrong. In this line you are between your conscience and the corporation's benefit. In the business game if you want to be a winner you must be playing like a winner.

Grundlagen der Unternehmensethik

Das Buch „Grundlagen der Unternehmensethik“ von Horst Steinmann und Albert Löhr behandelt das Thema Ethik in Unternehmen. Dabei wird herausgearbeitet welche verschiedenen Ethik-Ansätze es in Unternehmen geben kann und wie Ethik in einem Unternehmen und den unterschiedlichen Unternehmensbereichen angewandt werden.

Was mir jedoch besonders gefallen hat sind die Beispiele von Ethik aus der Praxis.

European Business

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European Business is a book written by Simon Mercado, Richard Welford and Kate Prescott. Their aim is to raise the key issues facing European business today and to evaluate some of the strategic and operational responses to European’s evolving environment. Authors seem to be positive towards changes in European Union’s market. They believe that operational flexibility and innovation could be important to the future development and competitiveness of European companies. They also emphasise how crucial is to take account of cultural nuances in order to avoid expensive mistakes.

The Business of Europe is Politics. Business Opportunity, Economic Nationalism and the Decaying Atlantic Alliance

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“The Business of Europe is Politics” by  Dimitris N. Chorafas, is a book that describes the particular nature of the European mixture of business and politics, it explains how that mix influences trade and relationships between continental Europe and the UK with USA, Russia and Asia. Dr Chorafas explains and heavily critiques organization and practices of European Union, conflicting interests in the Europe and its lack of any business plan.

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