Showing posts with label Behaviour. Show all posts
Showing posts with label Behaviour. Show all posts

Friday, 2 March 2012

Business Notes: Conclusion of ethical behaviour

Standard
Ethical behaviour is a much more common part of day to day business now a days.

A lot of businesses are now committed to morally and ethically correct behaviour.

Long term benefits help both the business and the wider society.


Esjae x

Follow me on Twitter: http://twitter.com/esjaeofficial
Creator of Esjae Official blog: http://esjaeofficial.blogspot.com/
Subscribe to me of Youtube: http://www.youtube.com/theofficialesjae
Add me as a friend on Facebook: https://www.facebook.com/esjaeofficial
E-mail me: esjae-official@hotmail.co.uk

Business Notes: Ethical behaviour or public relations?

Standard
Some companies have been accused of behaving in an ethical way just because it's seen as the right thing to do, ie. its just a public relations exercise.


Esjae x

Follow me on Twitter: http://twitter.com/esjaeofficial
Creator of Esjae Official blog: http://esjaeofficial.blogspot.com/
Subscribe to me of Youtube: http://www.youtube.com/theofficialesjae
Add me as a friend on Facebook: https://www.facebook.com/esjaeofficial
E-mail me: esjae-official@hotmail.co.uk

Business Notes: Examples of ethical behaviour

Standard
  • Paying staff above the minimum wage
  • Fair prices for raw materials (fair trade)
  • Environmental audits - independent organisations determine whether you are meeting certain targets such as level CO2 emissions, carbon footprint, % of recycling, publish environmental/ social report
  • Ethical training
  • Ethical codes of practice
  • Corporate integrity
  • Ethical investments

Esjae x

Follow me on Twitter: http://twitter.com/esjaeofficial
Creator of Esjae Official blog: http://esjaeofficial.blogspot.com/
Subscribe to me of Youtube: http://www.youtube.com/theofficialesjae
Add me as a friend on Facebook: https://www.facebook.com/esjaeofficial
E-mail me: esjae-official@hotmail.co.uk

Business Notes: The Disadvantages of Ethical/ Unethical Behaviour

Standard
  • Loss of custom/ sales (unethical behaviour)
  • Difficult to ensure ethical behaviour exists in large companies
  • It's difficult to define what is unethical
  • Damage reputation (unethical behaviour)
  • Illegal activities (unethical behaviour)
  • Decrease competiteness
  • Increase costs
  • You could be the only one behaving ethically

Esjae x

Follow me on Twitter: http://twitter.com/esjaeofficial
Creator of Esjae Official blog: http://esjaeofficial.blogspot.com/
Subscribe to me of Youtube: http://www.youtube.com/theofficialesjae
Add me as a friend on Facebook: https://www.facebook.com/esjaeofficial
E-mail me: esjae-official@hotmail.co.uk

Business Notes: Advantages of ethical behaviour

Standard
  • Fair, the right way of doing things
  • Morally correct
  • Could enhance or lead to a better reputation
  • Should make it easier to raise capital
  • Pressure groupds should see them in a better light
  • Higher levels of repeat business and customer loyalty
  • Word of mouth promotion
  • Easier to recruit/ retain employees
  • Reduces the chance of breaking the law
  • Higher product safety and quality
  • Gives the company a competitive edge or unique selling point
  • Suppliers more willing to supply
  • Recognition and awards
  • Media recognition
  • Lowers operating costs (lower emissions, government grants, recycling) - cost advantages

Esjae x

Follow me on Twitter: http://twitter.com/esjaeofficial
Creator of Esjae Official blog: http://esjaeofficial.blogspot.com/
Subscribe to me of Youtube: http://www.youtube.com/theofficialesjae
Add me as a friend on Facebook: https://www.facebook.com/esjaeofficial
E-mail me: esjae-official@hotmail.co.uk
Subscribe to: Posts (Atom)