ADM 3318 Lecture Notes - Lecture 22: Decision-Making
Importance of technology for business
New products and services
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Presence of a global bandwidth organizationally
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Smaller companies push to develop technology, products services
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Freezing out competition
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Easy to go global and monetise brand and skills - licensing, relative production,
enhanced productivity
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Fundamental reduction in cost, job design
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Business and Ethics
Ethics of business
Business practices
Employment practices
Equal pay, gender equality, culture diversity, work hours, conditions
of work
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Human rights
Class, caste, nation, discrimination
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Ecology, environmental issues
Pollution, testing
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Corruption, fraud
Bribery, adjustments, politicking and favours
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Unfair and "illegal" practices
Unethical - 'parts' trade
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The core of unethical behaviour
Culture
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Personal/individual ethics
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Leadership and direction
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Performance goals
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Decision making process
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Risk on product quality
Unreliable, no trust
Class 22 -Mar. 28th
Wednesday, March 28, 2018
08:44