leader gives instructions to follower to perform an unethical act, rather than straight away performing that task the follower will initially consider the cost and benefits analysis of compliance and resistance of leader’s unethical request. Even in the case study, we can see Susan having the characteristic of implicit followership, as she was quite observant when Mr. Moon was giving instructions to her and later she analyzed it that it is unethical to follow the
Unsound judgment due to inadequate training and/or supervised experience, or due to ineffective selection, causes unethical practice; since self-interest is not a primary factor, the behavior of the psychologist is not unethical (Milton Schwebel, 1995). Unethical behavior traditionally has been examined from a social learning perspective (Fallon & Butterfiel, 2012). Unethical behavior is commonly defined as behavior ‘‘that violates widely accepted (societal) moral norms’’ (KishGephart et al. 2010
Introduction: Pricing is the most important element in marketing mix and the most sensitive one, Marketing manager should pay a great deal of considerations before taking such important decision (Winer & Dhar, 2011), this paper will discuss a case study of pricing decision for a new revolutionary product of a biotech company called: Medi-Cult. 1. Source of economic values for In Vitro Maturation (IVM) Vs. In Vitro Fertilization (IVF) IVF Thinking of value-in-use method which has been explained by
In the article “Starbucks Won’t Slug It Out In Ad Wars” a study was done on an ad campaign launched by McDonalds against Starbucks. The company raised billboards in the Seattle area targeting Starbucks as being a snobby, pretentious alternative to their coffee line. The food giant has recently begun selling espresso in the Washington based Starbucks backyard. The slogans “four bucks is dumb” and “large is the new grande” have been posted to billboards in that area. McDonalds says their placement
The report shows that the tendency to corruption is constantly on the rise. Khan, Rahman & Siddique (1995) had drawn a picture of unethical behavior in Bangladesh such as neglect official duties, bribery, outright embezzlement of fund and etc. all these lead to unnecessary delay in decision making. Religion provides many with a language of ethics and often an actual “list” of rules by
When the consumers see that the product attributes of luxury brands and that of counterfeit products are somehow closely similar they are likely to buy counterfeits where the financial risk is also low. However, another study shows that luxury brands are not concerned about the availability of counterfeits in the market (Wiedmann and Hennigs 2013). Since, they believe that the availability of counterfeits does not make the luxury brands less desirable in fact they helps
Our presentation was on the case study of the NKF financial scandal, which took place in 2005. It all began when journalist, Susan Long, from The Straits Times published an article on the lack of transparency and accountability in NKF’s usage of the donated funds This led to the former CEO of NKF, T. T. Durai, suing Singapore Press Holdings (SPH) for defamation. The trial disclosed how Durai misused the donated funds and the financial mismanagement at NKF, greatly affecting NKF’s reputation. After
with an analysis of packaging as a strategic tool. The second section highlights the importance of packaging and its effect on consumer behavior. It also highlights the growth of green packaging the world over and possible effects on consumers and marketing. It touches on sources of competitive advantage and generic competitive strategies. The consumer decision making process and is highlighted. This chapter also highlights strategy and ethical behavior. Global trends and emerging challenges are also
Social responsibility or corporate social responsibility (CSR) is a form of corporate self-regulation that is integrated into a business model. The CSR policy functions as a self-regulatory mechanism whereby a business monitors and ensures it is actively in compliance with the spirit of the law, ethical standards and national or international norms. With some CSR models, a firm's implementation of CSR goes beyond compliance and engages in actions that appear to further some social good, beyond the
ethical element is part of the integral process of decision making on a business management problem. Business ethics, therefore, deals with the application of normative standards to specific business experiences. The study of business ethics is as essentials for a businessperson as the study of professional norms for a medical practitioner. We expect a doctor to diagnose correctly so that the right medication is given. There are chances that he could diagnose a simple ailment but report it as a serious