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Business Ethics
Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. These ethics originate from individuals, organizational statements or the legal system. These norms, values, ethical, and unethical practices are the principles that guide a business. Business ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization. Business ethics have two dimensions, normative business ethics or descriptive business ethics. As a corporate practice and a career specialization, the field is primarily normative. Academics attempting to understand business behavior employ descriptive methods. The range and quantity of business et ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Applied Ethics
Applied ethics is the practical aspect of morality, moral considerations. It is ethics with respect to real-world actions and their moral considerations in private and public life, the professions, health, technology, law, and leadership. For example, bioethics is concerned with identifying the best approach to moral issues in the life sciences, such as euthanasia, the allocation of scarce health resources, or the use of human embryos in research. Environmental ethics is concerned with ecological issues such as the responsibility of government and corporations to clean up pollution. Business ethics includes the duties of Whistleblowing , whistleblowers to the public and to their employers. History Applied ethics has expanded the study of ethics beyond the realms of academic philosophical discourse. The field of applied ethics, as it appears today, emerged from debate surrounding rapid medical and technological advances in the early 1970s and is now established as a subdisciplin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nikos Mourkogiannis
Nikos Mourkogiannis (, born March 9, 1952) is a business consultant, lawyer and writer. He is member of the board of the Stelios Philanthropic Foundation and Honorary Visiting Professor of Practice at Cass Business School. He is known as the author of the book "Purpose: The Starting Point of Great Companies", which is taught in universities and is considered an important asset for all businesses. It is a book about leadership and business strategy, in which there is a full analysis of the four primary business purposes: Discovery, Helping, Achievement, and Heroism. During his presidency of the Greek National Opera, the application of a restructuring program and the reorganization of GNO's financial situation, saved the organization's operation, leading to its continuous progress until today with great success. Studies * 1991-1993 Harvard Business School, MBA * 1974-1978 Harvard University, Kennedy School of Government, PhD Program in Political Economy * 1969-1974 Athens Law ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entrepreneurship
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entrepreneur () is an businessperson, individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, often similar to a small business, or (per ''Business Dictionary'') as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a Profit (accounting), profit". The people who create these businesses are often referred to as "e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rational Egoism
Rational egoism (also called rational selfishness) is the principle that an action is rational if and only if it maximizes one's self-interest.Baier (1990), p. 201; Gert (1998), p. 69; Shaver (2002), §3; Moseley (2006), §2. As such, it is considered a normative form of egoism, though historically it has been associated with both positive statement, positive and normative forms. In its strong form, rational egoism holds that to not pursue one's own interest is unequivocally irrational. Its weaker form, however, holds that while it is rational to pursue self-interest, failing to pursue self-interest is ''not always'' irrational. Originally an element of nihilist philosophy in Russia, it was later popularised in English-speaking countries by Russian-American author Ayn Rand. Origins Rational egoism () emerged as the dominant social philosophy of the Russian nihilist movement, having developed in the works of nihilist philosophers Nikolay Chernyshevsky and Dmitry Pisarev. However ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ayn Rand
Alice O'Connor (born Alisa Zinovyevna Rosenbaum; , 1905March 6, 1982), better known by her pen name Ayn Rand (), was a Russian-born American writer and philosopher. She is known for her fiction and for developing a philosophical system which she named ''Objectivism''. Born and educated in Russia, she moved to the United States in 1926. After two early novels that were initially unsuccessful and two Broadway theatre, Broadway plays, Rand achieved fame with her 1943 novel ''The Fountainhead''. In 1957, she published her best-selling work, the novel ''Atlas Shrugged''. Afterward, until her death in 1982, she turned to non-fiction to promote her philosophy, publishing her own Objectivist periodicals, periodicals and releasing several collections of essays. Rand advocated reason and rejected faith and religion. She supported Rational egoism, rational and ethical egoism as opposed to Altruism (ethics), altruism and hedonism. In politics, she condemned the initiation of force as immor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Primum Non Nocere
' () is a Latin phrase that means "first, do no harm". The phrase is sometimes recorded as '. Non-maleficence, which is derived from the maxim, is one of the principal precepts of bioethics that all students in healthcare are taught in school and is a fundamental principle throughout the world. Another way to state it is that, "given an existing problem, it may be better not to do something, or even to do nothing, than to risk causing more harm than good." It reminds healthcare personnel to consider the possible harm that any intervention might do. It is invoked when debating the use of an intervention that carries an obvious risk of harm but a less certain chance of benefit. Non-maleficence is often contrasted with its complement, beneficence. Young and Wagner argued that, for healthcare professionals and other professionals subject to a moral code, in general beneficence takes priority over non-maleficence (“first, do good,” not “first, do no harm”) both historically ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pragmatic Ethics
Pragmatic ethics is a theory of normative philosophical ethics and meta-ethics that is associated with pragmatism, a philosophical movement that developed around the turn of the 20th century. Ethical pragmatists such as John Dewey believe that some societies have progressed morally in much the way they have attained progress in science. Scientists can pursue inquiry into the truth of a hypothesis and belief, accept the hypothesis, in the sense that they act as though the hypothesis were true; nonetheless, they think that future generations can advance science, and thus future generations can refine or replace (at least some of) their accepted hypotheses. Similarly, ethical pragmatists think that norms, principles, and moral criteria are likely to be improved as a result of inquiry. Martin Benjamin used Neurath's boat as an analogy for pragmatic ethics, likening the gradual change of ethical norms to the reconstruction of a ship at sea by its sailors. Contrast with other normati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utilitarian
In ethical philosophy, utilitarianism is a family of normative ethical theories that prescribe actions that maximize happiness and well-being for the affected individuals. In other words, utilitarian ideas encourage actions that lead to the greatest good for the greatest number. Although different varieties of utilitarianism admit different characterizations, the basic idea that underpins them all is, in some sense, to maximize utility, which is often defined in terms of well-being or related concepts. For instance, Jeremy Bentham, the founder of utilitarianism, described ''utility'' as the capacity of actions or objects to produce benefits, such as pleasure, happiness, and good, or to prevent harm, such as pain and unhappiness, to those affected. Utilitarianism is a version of consequentialism, which states that the consequences of any action are the only standard of right and wrong. Unlike other forms of consequentialism, such as egoism and altruism, egalitarian utilita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consequentialist
In moral philosophy, consequentialism is a class of normative, teleological ethical theories that holds that the consequences of one's conduct are the ultimate basis for judgement about the rightness or wrongness of that conduct. Thus, from a consequentialist standpoint, a morally right act (including omission from acting) is one that will produce a good outcome. Consequentialism, along with eudaimonism, falls under the broader category of teleological ethics, a group of views which claim that the moral value of any act consists in its tendency to produce things of intrinsic value.Teleological Ethics " '' |
The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. Mostly written and edited in London, it has other editorial offices in the United States and in major cities in continental Europe, Asia, and the Middle East. The newspaper has a prominent focus on data journalism and interpretive analysis over News media, original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson (businessman), James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into political economy and eventually began running articles on current events, finance, commerce, and British politics. Throughout the mid-to-late 20th century, it greatl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Friedman Doctrine
The Friedman doctrine, also called shareholder theory, is a Normative ethics, normative theory of business ethics advanced by economist Milton Friedman that holds that the social responsibility of business is to increase its profits. This shareholder primacy approach views shareholders as the economic engine of the organization and the only group to which the firm is socially responsible. As such, the goal of the firm is to increase its profits and maximize Rate of return, returns to shareholders. Friedman argued that the shareholders can then decide for themselves what social initiatives to take part in rather than have an Board of directors, executive whom the shareholders appointed explicitly for business purposes decide such matters for them. The Friedman doctrine has been very influential in the corporate world from the 1980s to the 2000s. It has also attracted criticism, particularly since the 2008 financial crisis, caused by various Financial institution, financial institut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times Magazine
''The New York Times Magazine'' is an American Sunday magazine included with the Sunday edition of ''The New York Times''. It features articles longer than those typically in the newspaper and has attracted many notable contributors. The magazine is noted for its photography, especially relating to fashion and style. History 19th century Its first issue was published on September 6, 1896, and contained the first photographs ever printed in the newspaper.The New York Times CompanyNew York Times Timeline 1881-1910. Retrieved on 2009-03-13. In the early decades, it was a section of the broadsheet paper and not an insert as it is today. The creation of a "serious" Sunday magazine was part of a massive overhaul of the newspaper instigated that year by its new owner, Adolph Ochs, who also banned fiction, comic strips, and gossip columns from the paper, and is generally credited with saving ''The New York Times'' from financial ruin. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
