 End-of-Chapter Questions and Exercises

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26/01/2010 · In your heart you believe that the company is just being
careful to confirm what the problems actually are and is not intentionally covering up the
problem. This morning you read a piece in USA Today about Toyota vehicles in the United
States experiencing similar problems.
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In your heart you believe that the company is just being careful to confirm what
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problem. This morning you read a piece in USA Today about Toyota vehicles in the United
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careful to confirm what the problems actually are and is not intentionally covering up the
problem. This morning you read a piece in USA Today about Toyota vehicles in the United
States …
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Through a filipino classmate from your college days, you learn about the skin lightening product
market and how rapidly it is growing in emerging markets. What are some of the ethical
considerations you might want to take into account as you evaluate this market and make
recommendations to your colleagues at P & G?

Concerns about quality, value, and honesty, as well as the area of corporate responsibility, are all
ethical challenges in business. Business ethics essentially boil down to being honest about what
products and services are in respect to their origin and price, in addition to proper treatment of all
workers.
Outsourcing, working standards and conditions, workplace diversity and equal opportunity, child
labor, trust and integrity, supervisory oversight, human rights, religion, the political arena, the
environment, bribery and corruption are some of the most common ethical issues in international
business.

Ethics refers to moral ideals, ethical standards, and 'doing the right thing.' Even if it is not
required by law or in order to maximize profit, an ethical business will act in a socially
responsible manner, doing what is right. Workers, suppliers, and customers are involved in the
majority of company activities.

Operational planning takes the organization-wide or subunit goals and specifies concrete action
steps to achieve the strategic and tactical plans. Operational planning is short-range planning
(less than a year).

Organizing is a management function that develops an organizational structure and coordinates

human resources within that structure to achieve organizational objectives.

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