Customer Loyalty and Business Ethics
Today, the contribution of customers in developing ethical programs and social responsibility standards is not quite clear. In a study, the ethical environment of a firm was found to be…
Keeping Customers on Top
Employees, customers, shareholders, and suppliers of a firm are the key organizational stakeholders. There are obligations to these subjects that are often considered to be affected by organizational self-interest. Customers…
The Role of Discussion in Morality
If morality in business ethics is primarily about shared values, then business discussion, which can take many modes of communication with various parties, takes a central place in moral business-decision…
Stirred-Flow Reactors
The ideal reactor for the direct measurement of reaction rates is an isothermal, constant pressure, flow reactor operating at steady-state with complete mixing such that the composition is uniform throughout…
Moral Decision Making
There is no crafted-out formula or algorithm for moral decision-making. Good moral decision-making includes knowledge of the facts, and careful consideration of the moral values (principles) relevant to a given…
Moral Questions are not Distinct
Moral problems are not a separate, special or particular domain to that is followed only on special occasions. Moral issues are present all the time. Most decisions that people make…
How have business ethics evolved over time?
Business ethics refers to how ethical principles guide a business's operations. Common issues that fall under the umbrella of business ethics include employer-employee relations, discrimination, environmental issues, bribery and insider trading, and…
The Importance of Relationships
Business morality largely depends on business relationships. Our rights and obligations spring largely from relationships. These include our relationships with shareholders, customers, and general stakeholders. These relationships can offer moral…
Batch and Semibatch Reactors
Consider the ideal batch reactor illustrated in Figure 3.2.1. If it is assumed that the contents of the reactor are perfectly mixed, a material balance on the reactor can be…
The Importance of Context
When we ask questions, such as "Which is more important, telling the truth or preventing harm?” often the context is more important. Context can be determined from factors such as…
