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Categories :: Business : Ethics Articles
 


 

Category :: Ethics Articles Author :: Hitesh Asrani 
 
 Article Title :: Manage your Risk: Fire Fighting Can Prove Costly
 
The Securities and Exchange Board of India unearthed yet another Initial Public Offering (IPO) scam in the public issue of shares of Infrastructure Development Finance Company (IDFC) Ltd.The market regulator found that on August 8, 2005, one Roopalben Panchal received 266 shares each from 12,253 demat accounts aggregating to 32,59,298 shares and 532 shares each from four dematerialised accounts aggregating to 2,128 shares."Thus she had received a total of 32,61,426 shares in off market transactions from 12,257 dematerialised accounts," Sebi said. The regulator further said that it would investigate registrar to the issue, Karvy.As an encore to this, there was the IPO   (read full article)
 
 
Category :: Ethics Articles Author :: Lance Winslow 
 
 Article Title :: Franchisor Royalty Collection, Late Pays and Interest Charges
 
If you are a franchisor you will soon find how incredibly dishonest some humans are, as they attempt to hide, conceal or not pay their royalties as agreed. Honest men with integrity are so hard to find in this; gimme world. Indeed the most important part of any franchise system, especially a rocket ship fast moving entrepreneurial type franchise company is to stay up on cash flow, as there is never enough to do all you want to do. And you cannot stop growing once the rocket ship takes off.Like all franchisors our company was challenged by collecting royalties and getting paid on time, so I decided to implement late payment charges on past due accounts in order to collect what was o  (read full article)
 
 
Category :: Ethics Articles Author :: Lance Winslow 
 
 Article Title :: Franchisor Rights in International Franchising and Injunctive Relief
 
International Franchising is a tricky business and different cultures varying in their levels of integrity, yet as a franchisor it is important to extent brand name, collect royalties and to do so in as many parts of the world as possible. It makes since therefore to take a few risks, knowing that issues will arise.Since various nations have different laws governing franchising and business transactions and some countries have no laws it makes sense to have clauses in the franchise agreement to address this and in doing so I suppose you will need to consult a professional parasite scum [attorney] to assist you thru this process.We felt it necessary for our company to address  (read full article)
 
 
Category :: Ethics Articles Author :: Lance Winslow 
 
 Article Title :: Stealing Proprietary Information from Franchising Companies
 
Corporate Espionage is so great in America that competitors will go to lengths to find out what your company has that makes it so much better than everyone else’s. Often they will even go so far as to set up a dummy corporation or LLC and actually go thru the sales process to buy a franchise, sometimes even go thru the purchase process, just to get all the information they need to compete with you, using your proprietary methods.This is why I came up with a clause in our franchise agreements which helped us in knowing who we are dealing with up front and what their interests really are. Below is one of the clauses we use;7.16 Other PartiesIf Franchisee is a partners  (read full article)
 
 
Category :: Ethics Articles Author :: Kathi Traylor 
 
 Article Title :: Affirmative Action Versus Diversity - What's The Real Difference?
 
Providing all individuals with the opportunity to reach their full potential is about more than just compliance. It is about developing cultures that are conducive to meeting the needs of organizational members at all levels. An organization dedicated to diversity must go beyond placement of individuals, toward the long-term task of facilitating their upward movement in that organization. Though often used interchangeably, affirmative action and diversity are two separate concepts that have the ability to function together to improve representation of under represented groups in organizations.Affirmative action is based on legal directives requiring federal contractors to measure e  (read full article)
 
 
Category :: Ethics Articles Author :: Bill Tyler 
 
 Article Title :: A Career Built on Character - Part 1
 
"Personality can open doors, but only character can keep them open." ~Elmer G. Letterman"The best job goes to the person who can get the job done without coming up with excuses or passing the buck" ~Napolean HillWhat About Politics?Political Astuteness is something that you may not learn in school; however, it plays a significant role in success in business."Man is by nature a political animal." ~AristotleTake Control It's important to keep in mind that you are responsible for your own career. Don't Expect the Human Resources Department to plan your career. In fact, don't expect anyone else to be conce  (read full article)
 
 
Category :: Ethics Articles Author :: Shailesh Gopale 
 
 Article Title :: Slaughterhouse Ethics
 
In a village, there was a slaughterhouse, its owner, butchers and many goats. As time passed the number of goats increased in the slaughterhouse but number of butchers was same.The owner thought instead of looking for new butchers, lets make one of the goat a butcher. He had a doubt in his mind that a goat might not fit into butchers role, but then he thought "Lets take a chance and see how it goes. If this experiment succeeds I can make other goats a butcher."The owner picked one wise goat and told him, "I want to make you a butcher, are you ready for this?". Wise goat thought this is a good opportunity and said, "Yes."Next day the Wise goat came dressed like a butc  (read full article)
 
 
Category :: Ethics Articles Author :: Steven Schad 
 
 Article Title :: Passing the Smell Test: Corporate Social Responsibility and Integrity Must go Hand-In-Hand
 
The camera follows three teens as they enter the convenience store. Cut to the inside of the store as they approach the counter. We see the store clerk, with a bemused expression, point to a "We Card" sign on the counter.A woman's voice, assuming a serious tone, earnestly describes how Philip Morris cares about young people and has distributed over 900,000 "We Card" kits to retail stores. Various scenes follow of happy, equally earnest store employees responsibly taking steps to prevent young, average looking kids from getting their hands on Philip Morris' flagship product.Hmmm. Sniff.I visited the company's web site at philipmorrisusa.com. A text box dominate  (read full article)
 
 
Category :: Ethics Articles Author :: Johanna Lopez 
 
 Article Title :: Corporate Gift Giving
 
In business the need for exceptional and affordable gifts is a must. Corporate gift baskets are a great way to maintain existing relationships and welcome new business clients. Corporate gifts also make a great motivator for increasing sales and motivating employees to exceed the standard.Some occasions that warrant a business gift:Corporate Gifts for a new clients – Send thanks to new and important clients with a unique gift basket.Corporate gift baskets for major Holidays - Send an exceptional gift to employee and clients for Christmas, Hanukkah, New Years, Easter, Fourth of July and Thanksgiving to name a few.Corporate gifts for welcoming a new baby – Se  (read full article)
 
 
Category :: Ethics Articles Author :: Michael Knowles 
 
 Article Title :: Integrity and the Company Promise
 
Integrity and honesty. Seems they're always in the news these days. If it's not the lobbyist-incited exposure of someone's political misbehaviors, it's authors "embellishing" on their autobiographies. Oh, and let's not forget the hardy crew of the HMS Embellishment: Marketing people.Hmmm. That's us.Surely each of us has at one time or another used a little white lie to avoid trouble, make a resume seem better than we think it is, or add some "interest" to a story told in praise of a personal exploit. Even the squeaky-cleanest of us has some such fib to reveal.But let's examine integrity as though there were a trend here, a trend toward consistent truth-bending. Have w  (read full article)
 
 
 
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