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Business Ethics

What is business ethics? According to International Business Ethics Institute, understanding business ethics can be problematic in the sense that, this field is vast, often encompassing many concerns such as corporate governance, social responsibility, reputation management, accurate accounting and audits, fair labor practices and environmental stewardship to name a few. Moreover, it generally addresses the entire scope of responsibilities and obligations that a company has to each of its stakeholders like clients, employees, shareholders, suppliers and the community. To simply define business ethics, it is a form of applied ethics where it inculcates a sense within a company’s employees on how to conduct business responsibly. Business ethics seems easy to understand but when you get to the real one, you could find yourself in a confusing situation. Since the term ethics can pose many definitions in a broad context and it can be difficult to find a common understanding of the term, hence, most companies refer the concept of the term ethics as integrity, business practices or responsible business conduct. After you have known the basic definition of business ethics, you would now begin to know the business ethics of a chosen company. This paper aims to give some views on how Hewlett-Packard, an international company which provides mostly computer technologies worldwide, imposes their generally-established business ethics which means to say that it is enforced to their branches all over the world. Hewlett-Packard has business ethics which is driven and guided by enduring values that reflect fundamental ideas about who they really are and those values leave a unique mark which make them stand out to other competitors. Perhaps, their business ethics could be the reason why they were able to establish a reputable name in the market and eventually succeed especially in the field of technology. The ideas which probably helped them to ...

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Business Ethics. (1969, December 31). In DirectEssays.com. Retrieved 21:48, September 01, 2014, from http://www.megaessays.com/viewpaper/3879.html