Honesty Is a Best Policy free essay sample

The facts demonstrate that trustworthiness is the best approach. Today, we see numerous things around us which are not fair. Numerous people are untrustworthy. Deceptive nature may sparkle for quite a while. It might gain cash, force and men. In any case, this Is for a brief timeframe. Genuineness Is fearless, contemptibility is a quitter. Genuineness will undoubtedly sparkle after the evening of deceitfulness. There is a bad situation for deceptive individuals on the earth. They lose the fight at long last. A fair individual just can win a spot in the hearts of people.Double-confronted men get impermanent reaction however they are tossed out of people groups hearts. Deceptive nature can't confront the truth. It needs to express hundred deceives shroud one demonstration of deceitfulness. In this manner trustworthiness Is the best strategy. Genuineness really Is the best arrangement. Trustworthiness Is the best approach It Is a generally perceived saying of Ben]amen Franklin and it is viewed as perhaps the most astute saying. We will compose a custom paper test on Genuineness Is a Best Policy or on the other hand any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page It implies that trustworthiness was a significant quality even a few centuries prior. Benjamin Franklin composed Poor Richards Almanacs, which comprised of shrewd adages, or maxims. Trustworthiness is the best approach is one of his adages that is all around perceived and supported. This expression connotes the significance of being a good and honest individual Honesty is an Important and outstanding trademark that an individual can have. I concur with the announcement trustworthiness Is the best strategy. Everybody, to prevail in their life, ought to tail It. Despite the fact that we can bring in cash by ill-advised ways, it would not give us great status in the public eye. I accept that genuineness is significant for both individual life and business life.As we experience the historical backdrop of the incredible pioneers, they all prevail in their life essentially by their way of life. They all followed reality and genuineness. Trustworthiness is significant in numerous parts of our life. On the off chance that we are straightforward, everybody will trust us. For the most part, genuineness is the best strategy In any circumstance. A few people are entirely solid and they abhor the individuals who lie under any circumstances. Others acknowledge harmless embellishments when circumstance emerges, regardless of whether they ordinarily don't care for lying. I unequivocally concur that being straightforward is the most significant thought in a relationship.Honesty is the establishment of any well-working relationship. Regardless of whether it is with guardians, companions, or any one else, trustworthiness is significant. No relationship can be effective without trust, which is picked up from being straightforward. Numerous individuals get familiar with this the most difficult way possible. Taken in this brutal exercise In a way that truly caused me to comprehend the Importance of trustworthiness. It was over the mid year going in to my sophomore year. I had quite recently gotten my drivers permit and I was driving all over the place, spending time with companions, and exploiting being ceaselessly from my parents.My guardians had arranged an outing away for the end of the week and explicitly instructed me not to have anybody over to the house. As I educated a couple of my companions regarding the excursion and being without anyone else, we plotted to set up a gathering. We proceeded with the arrangement; we had a couple of companions over and hung out for a spell. A couple of my nearby packages went through the night also. The following day we went through an hour or two tidying up the house yet it despite everything looked very dubious. There were a couple of minor subtleties that I over looked and my folks noticed.I came up with a couple of reasons to conceal the circumstance, however they didnt totally trust me. Reality at long last surfaced; I was in a difficult situation. As I confessed all on the occasions of that night I could see the trusts reduce from their countenances. Previously, they had extraordinary trust In me and I had numerous . After activities. The night when the trustworthiness strategy really engraved itself in me was the point at which they revealed to me that the more terrible part about the trial was me lying and attempting to cover it up. The genuine party itself is Just a minor issue since everybody commits errors. That night I truly grew up as a person.I despite everything settle on errors and terrible choices as every other person, yet the thing that matters is by conceding them, it makes my soul understood and my folks regard me. The results are not as extraordinary when you are straightforward. Through my encounters with being exploitative, I have taken in a lot about being straightforward. Being straightforward just helps terrible circumstances and being unscrupulous just damages them. Through trustworthiness I have increased more grounded associations with my loved ones and become a superior individual. I have inferred that to lead a fruitful balanced life, genuineness is the best strategy.

Corporate finance Assignment Example | Topics and Well Written Essays - 3000 words

Corporate account - Assignment Example Mill operator and Modigliani capital structure insignificance recommendation In the year 1958 Franco Modigliani and Merton Miller featured that in â€Å"perfect capital markets† the capital structure doesn't have any impact on the estimation of the firm rendering it immaterial. The ideal capital markets are not portrayed by any market grindings like exchanging costs, charges and the data is effortlessly transmitted between the financial specialists and the chiefs. M&M made an understood differentiation between the money related hazard and business chance looked by a firm. While the money related hazard alludes to the decision of hazard dispersion between the bondholders and investors, the business chance alludes to the vulnerability of incomes of the business. It has been called attention to by Miller and Modigliani that adjustments in influence doesn't cast any critical effect on the incomes produced by the business. Along these lines changes in influence can't modify the estimation of the firm. ... The organizations just as people can get or loan at the hazard free financing cost. The organizations utilize dangerous value and hazard free obligation. There exist just corporate charges for example nonattendance of individual annual duties or riches charges. They accepted unendingness of incomes for example accepting the development rate to be zero (Lee, et al., 2009, p.202). According to M&M model the estimation of turned firm (VL) is equivalent to the estimation of unlevered firm (VU). Assume there are two organizations Company 1 and Company2. It is accepted that the two organizations have indistinguishable incomes and have a place with same hazard profile. The contrast between the two organizations is as for financing. M&M express that the market estimation of the two organizations is same. Assume the result of Company 1 in great state is 160 and in awful state is 50. This organization is financed uniquely by the value method of financing. Thus the result of Company 2 i s 160 in acceptable state and 50 in terrible state. It is financed by the blend of obligation and value. Assume the complete obligation of Company 2 is $60 and its reasonable worth is $50; the market estimation of its value is $50. At that point the estimation of the Company 2 is-VL = Value of its value + Value of obligation = 50+50 =100 Now if the estimation of Company 1 is not quite the same as Company 2 state 103. At that point an exchange methodology can be made A financial specialist can sell Company 1 at 103. He can purchase the value of Company 2 at $50 and obligation at $50. The net income is-= 103-100 =3 This procedure will proceed until the Value of Company 1 is equivalent to Company 2 (Banal-Estanol , 2010). The expansion in influence part raises the hazard and return of the investors. This can be expressed as-RE = RO + (B/S)(RO †RD) RE is the arrival on turned value RO is return on unlevered value B is the obligation esteem S is the

Seeples Spotlight Mark Jamias COLUMBIA UNIVERSITY - SIPA Admissions Blog

Seeples Spotlight Mark Jamias COLUMBIA UNIVERSITY - SIPA Admissions Blog Next, please welcome Mark Jamias! He is studying Economic and Political Development  with a specialization in International Conflict Resolution (ICR). As a five-year student between Columbia College and SIPA, Mark will be graduating in May 2018. Before SIPA, Mark worked at the U.S. Mission to the United Nations during the annual sessions of the UN General Assembly. Prior to that, he also worked for a major U.S. airline, and most recently gained experience in the maritime shipping industry. What were you doing before you came to SIPA? Before SIPA, I was an undergraduate at Columbia College, majoring in Political Science. During my junior and senior years, I was working at the U.S. Mission to the United Nations for the duration of the annual sessions of the United Nations General Assembly. I briefly interned with NYC Councilwoman Helen Rosenthal, and I spent my summers working for a major U.S. airline at JFK International Airport. What attracted you to SIPA and Columbia University? The Five-Year program was one of my primary motivations when I applied to Columbia. The scope of schools to which I was applying was fairly small, and one of my high school teachers encouraged me to apply to Columbia. I read about this opportunity for undergraduates to pursue graduate study during their four years, finishing their Master’s degree after five years. Furthermore, I knew New York would be brimming full of opportunities, whether cultural, professional, or just pure fun, all of which would teach me a lot about how the world works. Like many current Columbia students, however, I didn’t think I would get in; by chance and luck, I arrived on campus in August 2013. How did you find the core curriculum at SIPA? Love Core! The Core Curriculum is a quintessential part of the Columbia experience. This school invented Core. Every school within the university has some derivative of the Core. These aren’t gen-ed classes that you choose off a list to fulfill a requisite. The Core classes are specific classes almost everyone in a program takes. You know that every Master of International Affairs student watched the lively debates of a Conceptual Foundations lecture, and every Master of Public Administration sat through Politics of Policymaking. I was by no means an advocate of the Core when I came to Columbia; I didn’t even know I had a set of courses I had to take. After four, going on five, years of this place, I’ve come to appreciate the Core, a fundamental and time-honored academic tradition that links each and every SIPA student. Do you feel like you have gotten to know some of the faculty members? For sure! In fact, I used to run into many faculty members while working at the UN! I’d catch Professor Jean Krasno sitting in a lobby or coffee shop chatting about the prospects of a female Secretary-General. My former colleague from the U.S. Mission, Walter Miller, was recently here leading SIPA students on their Capstone Projects on Peacebuilding in the Middle East. I’ve also had the pleasure of learning from Prof. Edward Luck and Richard Gowan, both of who are esteemed practitioners in the field of Conflict Resolution and Mediation. I’ll be reading an article and their names would suddenly pop-up, likely speaking from their offices right upstairs in IAB. SIPA features lots of events for students to attend. Is there any interesting presentation that you have attended that you could comment upon? The World Leaders Forum is an amazing opportunity to hear and learn from international heads of state in town for the annual UN General Assembly. I make it a point to attend at least one speech in each year’s series. Have you taken classes at other Columbia Schools? Something I highly encourage students to do is to take courses outside SIPA. While SIPA has tremendous resources, taking advantage of the Columbia University community at-large ensures getting the most out of one’s two years on-campus. My first class at SIPA was a joint SIPA-Columbia Law School class. Taking classes outside of SIPA allows students to gain new insights and perspectives from peers with different understandings, priorities, and concerns; our shared challenge is to find the best common solution. What advice do you have for current applicants? When writing your application materials, tell us a story. We know what you did, where you worked, and what you studied; tell us why you did the amazing things you accomplished. What drove you? What did you learn? Where did you fail? Don’t leave out the good and the bad bits. Last, tell us how you’re going to use your future SIPA education. What do you hope to do? What do you hope to not do? Will you use your newfound superpowers for good or for evil? Each and every person at SIPA has a story; share yours with us.

Salem Witch Trials Essay - 876 Words

Salem Witch Trials The Salem Witch Trials was probably considered the darkest time for the New England Colony. This was a mass murder of women and a few men that were supposed witches. All of this started from two little girls and a bacteria in the bread that affected the brain. This all started on January 20,1692 when nine-year-old Elizabeth Parris and eleven-year-old Abigail Williams started to exhibit strange behavior. Blasphemous screaming, Seizures, Trance-like states and Mysterious spells. After this was noticed other young girls from around Salem began acting the same way. By February No one was able to find any physical causes that could explain why this was happening. So when no physical ailment was determined the†¦show more content†¦Accusations spread far and wide among the town. Interesting enough most that were denounced from witchcraft were those women whose behavior or economic circumstances were somewhat disturbing to the social order and conventions of that time. Most of the accused were already with a criminal record that included witchcraft, but others were faithful churchgoers and people that were high in the standings of the community. The witch-hunt brought many people in accused of witchcraft. Martha Corey, Rebecca Nurse, Elizabeth Proctor, Sarah Cloyce and others high in the Salem community were examined. Nurse and Nehemiah Abbott were the only ones that were denounced as witches. John Proctor was the first of many males accused of witchcraft and none of the males were ever denounced. On May 10 Sarah Osborne Dies in a Boston Prison still accused of witchcraft. Mary Easty, who was accused of witchcraft in the early stages of the witch-hunt was released from prison only to be put back in when public outcry from here accusers. Two months after the witch-hunt began an official trial began. Those appointed were Lt. Governor William Stoughton, Nathaniel Saltonwall, Bartholomew Gedeny, Peter Sergeant, Samuel Sewall, Wait Still Winthrop, John Richards, John Hathorne, and Jonathan Corwin. Under the control of Governor Sir William Phips, this Court of Oyer and Terminer, as he called it put to trial all witches in the Salem area denounced or not. WhenShow MoreRelatedSalem Witch Trials And The Witch Trial1494 Words   |  6 PagesFirst of all, I wanted to talk about what Salem Witch Trial is and who are the persons involve in this event. Salem Witch Trials, according to Encyclopedia Britannica is â€Å"A series of investigations and persecutions that caused 19 convicted â€Å"witches† to be hanged and many other many suspects to be imprisoned in Salem Village in the Massachusetts Bay Colony.† There are many people involve in Salem Witch Trials and I’ll be going to describe their role in this e vent, followed by the different case studiesRead MoreSalem Witch Trials And The Witch Trial Essay2225 Words   |  9 Pagesaccused of witchcraft in Salem Village, Massachusetts, many more died in jail, and around 200 people total were accused of witchcraft during the Salem Witch Trials. Records from the event indicate that the Salem Witch Trials started when a group of young girls began acting strange, claiming they had been possessed by the Devil and bewitched by local villagers. The Salem Witch Trials is a much debated event; historians argue over the motivation and causes behind the trials and executions, not overRead MoreThe Trial Of The Salem Witch Trials905 Words   |  4 PagesI. Introduction In January 1692, when a group of juvenile girls began to display bizarre behavior, the tight-knit Puritan community of Salem, Massachusetts couldn’t explain the unusual afflictions and came to a conclusion. Witches had invaded Salem. This was the beginning of a period of mass hysteria known as The Salem Witch Trials. Hundreds of people were falsely accused of witchcraft and many paid the ultimate price of death. Nineteen people were hung, one was pressed to death, and as many asRead MoreThe Salem Witch Trials691 Words   |  3 Pageswere the Salem Witch Trials? The Trials happened in 1692 in Puritan Massachusetts, in a town called Salem. Nineteen men and women were hanged on grounds of practicing dark magic and making a pact with Satan (in other words, for being witches). Hundreds of people were imprisoned; several died there. Additionally, one man (of over seventy years!) was crushed to death with heavy stones and the lives of many were irrevocably changed. (Salem Witch Museum) IQ #2- How and why did the Salem WitchRead MoreThe Salem Witch Trials1202 Words   |  5 PagesThe Salem Witch Trials were a prime part of American history during the early 17th century. During this time, religion was the prime focus and way of life within colonies. This was especially true for the Puritan way of life. Puritans first came to America in hopes of practicing Christianity their own way, to the purest form. The Puritans were fundamentalists who believed every word transcribed in the Bible by God was to be followed exactly for what it was. The idea of the devil controlling a womanRead MoreThe Trials Of The Salem Witch Trials1866 Words   |  8 Pagessurrounding the cause of the Salem Witch Trials 1692 makes the topic captivating as many historian perspectives offer explanations for the causation of the trials, yet the personal context of each historian has determined its historic reliability. This questions the level of objectivity each historian has in their responses to the Trials. The aims and purposes of a historian, as well as their differing methodologies may alter the approach the have towards the investigation of the Trials. Many interpretationsRead MoreThe Trials Of Salem Witch Trials Essay1267 Words   |  6 PagesThe notorious witch trials in Salem began in Spring of 1692. This started after a young group of girls in Salem Village, Massachusetts, professed they were possessed by the devil. These young girls even went as far as accusing some local women of practicing witchcraft. As a frenzy spreaded throughout colonial Massachusetts, a specific court was summoned to hear cases. Bridget Bishop was the first convicted witch and she was hung in that June following her trial. Eighteen other people followed BishopRead MoreThe Trials Of Salem Witch Trials1069 Words   |  5 PagesEven though the Salem witch trials were made to seem formal, they were actually subjective and not based on fact. Since there were multiple people being accused of witchcraft, the trials were short and quick to sentence. The witch trials lasted less than a year. The first arrests were made on March 1, 1692, and the final hanging day was September 22, 1692. The Court of Oyer and Terminer was dissolved in October of 1692. The Salem Witch Trials occurred in the spring of 1692, when a groupRead MoreThe Trials Of The Salem Witch Trials1635 Words   |  7 Pagesovercome was the Salem Witch Trials. The Salem Witch Trials occurred in 1692 and 1693 in colonial Massachusetts. â€Å"More than 200 people were accused of practicing witchcraft – the Devil’s magic – and 20 were executed† as detailed by Jess Blumberg on the web article A Brief History of the Salem Witch Trials (Blumberg 2007). The trials had a major impact on the American society and the effects could be seen in colonial America as well as today. Why did the injustice of the Salam Witch Trials occur and whyRead MoreThe Trials Of The Salem Witch Trials2197 Words   |  9 Pagesestablish colonies based on the word of God. Salem, like many other towns at the time, had little distinction between church and state and focused all aspects of their society on God. (Roach) Due to these conditions, Salem became the site of the largest and most violent witch hunts in America. The significance of the trials comes from the large impact they had on American law. The conditions before, during, and after the Salem Trials were unlike the witch hunts in any other colonies in the New World

Essay on Reality Television Shows - 1317 Words

In 1968 American artist Andy Warhol said In the future, everybody will be famous for 15 minutes.’ The expression is normally linked to people in the entertainment industry and more recently related to those figures, involved in Reality TV. There is no exact definition of Reality Television and people also have different opinions of what it is. But it tends be a combination of genres such as: documentary, drama and many other genre’s depending on the type show. It can also be described as ‘ a hybrid of non-fiction and entertainment elements’. Charlie Parsons, creator of the television show, Survivor defines reality TV as ‘Shows containing producer created environments that control contestant behaviour. But this definition does not†¦show more content†¦This deliberate manipulation begins to question the authenticity of reality TV. In almost every episode of MIC there is some sort of gathering where the majority of the cast get together and either resolve or worsen current issues. Observation and surveillance is an element of documentaries, reality television is dependant on observation. The constant visuals, allows us into the peoples live and eventually lead us to form emotional connections with them. Professor of media studies Mark Andrejevic, this is a natural outcome of the culture of CCTV we live in now. ‘Reality television is suggesting that surveillance can be fun!’. ‘Voyeurism. A voyeur is a peeping tom. Many commentators believe that reality television has moved beyond surveillance into voyeurism. Audiences are positioned as peeping toms who gain pleasure from the exhibitionism of the participants. There is also voyeuristic pleasure to be gained from knowing the emotions displayed are real. If someone is crying, for instance, it means they are really upset.’ We enjoy the dramatization performed in each episode, this eventually hooks us and you feel as if you must continue watch to find out what happen in the next episode to fill a void created by not watching it. A lot of the themes in Made In Chelsea are quite overt, money, power, materialism, love, relationships as well as other subjects. From a Marxist point of view underlying themes would include alienation. ThatShow MoreRelatedThe Reality Of Television Shows962 Words   |  4 Pageswe see on television and magazines eventually becomes our standard of reality and desire. George Gerbner made that statement. He was a professor of communication, the founder of cultivation theory and a media critic. I agree with him, what the media shows us is what becomes norm in our lives, because the media can shape how we view certain things and how we feel about ourselves, changing our reality at a whim or over time. Television shows are very influential, especially reality TV shows, more specificallyRead MoreTelevision And Reality Television Shows Essay1776 Words   |  8 Pagesviewers’ lives. People do not just watch a television show, they tend to normalize the characters and their roles into their day to day lives. When analyzing the media and focusing on drama and reality television shows, the impact that these shows have on some of their women viewers are noticeable. Television drama shows are fictions that the average person can relate to. They are made with real life problems that people can sympathize with. Television dramas have become the newest therapy to peopleRead MoreThe Reality Of Television Shows1276 Words   |  6 Pages This Is What The Reality Of TV Is. The popularity of reality TV shows lately do not amaze me, in the society today, people admire excessive pride than high moral standards. A lot of shows which need to be cancelled portray and teach a lot of bad behaviors. Although these reality TV shows may make us laugh or even amaze us with its characters, who are bad influences to the society especially children. These shows gives us a picture of how people are drasticallyRead MoreThe Reality Of Reality Television Shows Essay2087 Words   |  9 PagesReality TV shows are a type of program that film real/ordinary people, with a notion of entertainment than information. These programs attempt to show how an ordinary person behaves or react in their daily life or in certain situation. Shows that promise more drama, suspense, romance, laughter, etc. that one could relate to real experiences, is what audience enjoy. Reality TV shows are a genre in which real people are shadowed closely by cameras. Television shows have the power to shape one perspectiveRead MoreThe Effect of Reality Television Shows2018 Words   |  9 PagesTelevision has become a significant part of our daily lives.Despite vast internet network developments, many people in the world still spend significant timewatching television. According to the article â€Å"Television viewing at all-time high† from the Los Angeles Times, â€Å"†¦the average American now watches more than 151 hours of TV a month. That is about five hours a day†. (www.latimes.com). People still get important information from their TVs and are also entertained from this same source. TelevisionshowsnowadaysRead MoreThe Reality Of Television Shows Influences The Politics And The Culture Essay1446 Words   |  6 PagesReality television shows are the usual genre of programs in the 21st century. These programs show the reality of what happens in real life. They are not like movies or series that are being acted or are done based on actual stories. The cha racters shown in these shows are the real people who act. Keeping up with Kardashians, Love and hip-hop, and the Police women of Cincinnati are some of the recent reality TV shows that are aired on American TV channels. Keeping up with the Kardashians is aboutRead MoreThe Reality Of Television Shows1370 Words   |  6 Pagesthousands of people tune in to watch their favorite television shows. A 2015 study found that the majority of the viewers are women and some of the most popular television shows are based on crime drama (Parrott 70). It does not matter if the shows are complete fiction or narratives and reenactments of a real crime that has taken place the gore, violence, and pure disgust keeps these viewers coming back week after week. These crime based television shows portray women in traditional gender roles, normallyRead MoreThe Reality Of Television Shows1374 Words   |  6 Pagesfavorite television shows. These people sit down with snacks in hand, waiting for new drama t o unfold. A 2015 study found that the majority of the viewers are women and some of the most popular television shows are based on crime drama (Parrott 70). It does not matter if the shows are complete fiction or narratives and reenactments of a real crime that has taken place. The gore, violence, and pure disgust keeps these viewers coming back week after week. These crime-based television shows portray womenRead MoreThe Reality Of The Television Show Friends1385 Words   |  6 Pages Friends is a popular American television show that aired on NBC. The show first aired on September 22nd 1995 and the last episode aired on May 6th 2004. The show lasted ten years, which covered two decades, and covered a lot of what is considered to be America’s culture today. The producers of the show wanted to represent what people’s lives of that age and time were like on a daily basis; the purposelessness, the non-stop coffee drinking, the quest for spouses, and the feeling that they were â€Å"stuckRead MoreThe Concept Of Reality Television In The Truman Show And The Truman Show742 Words   |  3 PagesThe concept of reality TV was amplified with the film The Truman Show in 1998. On television, it is largely debated which show was the first â€Å"reality TV show† since some may class them anywhere from game shows to documentaries, such as â€Å"Survivor† or â€Å"COPS†. Reality TV centers around characters who engage in current day life and s ituations, often true situations which are unscripted and spontaneous, captivating audiences by putting them in the shoes of cast members to see if they judge situations

A Critical Study of Sainsbury’s Managing information systems (MIS) Free Essays

string(73) " not gives any sound one can assume that it has not been read correctly\." INTRODUCTION: Managing information systems (MIS) is a process which provides information to an organization to manage effectively. managing information system(MIS) is a system that combines both the human and computer based resources which can be used to collection of raw data, retrieving data, storing the data, processing the data and converting it in to the information which is able to communicate with all levels of management using the information technology. MIS enables the user/organization to manage things effectively. We will write a custom essay sample on A Critical Study of Sainsbury’s Managing information systems (MIS) or any similar topic only for you Order Now it provides the base to an organization to make better decisions and to handle critical problems, controlling and coordinating the organization successfully. Information system is not a option but it is a essential requirement by any organization. it is also the mediator between different levels of management. it plays very important role in organizational level. it also makes easier to communicate each other effectively. it is also updates the information across various levels and gives a chance to rethink of future plans. it gives the external information about other firms to stand in the competitive environment successfully. it is not only a useful tool but it must be included in any organization to run their business. MIS in any organization is supposed to provide information to their customers. MANAGING INFORMATION SYSTEMS ACROSS VARIOUS DEPARTMENTS IN J.SAINSBURY’S SUPERMARKET: Information systems is very crucial factor to any organization from top level management to employees, manufacturers, suppliers, retailers, marketing analysts, warehouses, supply chain management.. Etc. Based on the information system, an organization management could include planning, organizing, directing, controlling, evaluating and reporting etc.. An information system is the heart of any organization to assess the companies past review’s and performance and to plan the present and future organizational objectives. Information system uses the database to store large amounts of data, statically analyzing the data, and to produce it in to useful information that can be used by various levels of management. Information system is used by the managers of their own departments to identify the critical issues occurred in the past activities, discussing about the issue with the other team members of the department and planned to solve and overcome the problems. Managing information systems in Sainsbury’s stores: Sainsbury’s supermarket is the uk’s largest major food retailing chain. It has 525 supermarkets and 303 convenience stores, a Sainsbury’s bank. For the big corporate organization like Sainsbury’s, it is essential requirement to managing information systems in an efficient way. Information systems is used in Sainsbury’s at various levels of management and various departments. The information systems are used in a supermarket stores at various levels from stock handling controlling to maintain appropriate temperatures in fridges and freezers. In the supermarket stores uses the several computer systems which can be called LAN (LOCAL AREA NETWORK). These computer systems are aims to operate the stock control and checkout systems. These are one that incorporates the functionality of multiple devices. Every authorised person can access these data base systems. In stores, hand held devices are introduced and allow the administration staff, shop floor colleagues and stock control staff to change the price of products and creating price labels, and for future deliveries. The hand held devices are also called shelf edge computers (SEC). Every individual product has unique code to identify the product details; the item has a unique barcode which can be scan by the hand held scanners. Electronic point of sale (EPOS) is a machine located at every checkout. EPOS co ntains a digital display to display , a keyboard, a scanner which can read bar codes, a set of scales, a printer, a debit card reader and a till drawer. All of these components are attached to a till. Each and every item should have a unique code number that is independent of all other product. Even the same product of different sizes needs a unique code to identify the product. The unique bar code numbers are printed on the outside of the product packaging or attached label to that product which is shown in the figure (a) below. Figure (d): hand held system Barcodes are combined with a set of thick black lines and white lines. Ex: Figure(c). Figure (e) : EPOS Information systems in checkouts: The EPOS reads the product barcodes at the checkouts till machine, and identifies the product and it finds the cost of the product, after scanning the product the machine gives an option to the customer whether they have any nectar card, staff discount card, any voucher card. After all it charges the customer appropriately. Each card mentioned above also has barcode on it, and the machine identifies it uniquely. All till machines are connected together with a branch server system via cables. Each and every product information stored in the branch system, it gives the information to tills when it needed. When scanning an item by the scanner the machine sends the product details to the database. So that the server system can identify that how many remaining items of the same product are available in shelves, it gets the information about that particular product such as how many number of items are sold out, how many are left in the shelves, how many product details are totally sold out . After getting the information about all products it stores the information about that product in the database. It helps to identify the number of product are totally sold out, and in out of stock. So the store can order the delivery of that product. Also the system checks that the product has any special offer and it gives discount where it is needed. Each and every product and service related details are stored in the database and it communicates with all the other systems including tills, it exchanges the information at all the times. When scanning the item it tells the customer that it has been read correctly by giving beep sound. If it not gives any sound one can assume that it has not been read correctly. You read "A Critical Study of Sainsbury’s Managing information systems (MIS)" in category "Essay examples" And there is also an option on the screen that without scanning a product, by entering the code number by using the keyboard can identify the product. For exampl e any reduced items that mean the item has short life and store reduced the cost of an item. After billing the customer receives a paper bill which is made by the printer. The printer is attached with every till and it shares the information and prints on a piece of paper. the customers are allowed to pay by cash or debit card. When the customers use the card, he/she is supposed to put the card on the reader, it also use the information system, whether the card is authorised and it is from authorised bank. The card reader shares the information with all associated banks, and assesses the card information and the debit the amount correctly. The processes of using debit cards are called electronic transfer funds. Stock control: the information systems play an important role in stock control in the super market stores. In the process of billing customers it is known to the server that the number of remaining products is available in the store. in fact, there are also some damaged products or expired products are remained on the shelves. Stock fillers dispose the expired one and use the reduced price labels with new barcodes on it , if the product has short life. Stock control department uses the information system, and it orders the products where it is needed, and stores the information about the number of products are delivered to the store when they get the delivery. The price labels are usually placed on the shelves borders, and the stock controllers scans the price labels where it is empty. Stock control is useful asset in finding the stores profit assessment. The assessment is based on the number of products are delivered to the store and number of products are sold out, the number of t he products are damaged, the number of products expired. This is the important information stored in the database by the stock control team. The each computer in the store is linked with branch server system, which is connected with a head branch of a supermarket computer sever. All the database of an individual store is stored in the head office server system. It maintains the chain of computer systems effectively via extranet sources. Extranet is like a internet but, completely private database network and is connected to internet via satellite. It is because of the process of exchanging information and managing information system of all the stores of the Sainsbury’s stores. Sainsbury’s head office is located in the heart of city of London. It has the database over nearly eight hundred store branches. Figure (f): branch computer link to headquarters visa satellite. Inter communication between the branch stores to head branch of the store: Every day the individual store sends the information about sales of the stores to main branch, the head branch estimates the number of items needs to be delivered to the store. The head branch also gets an overview of the sales of the individual store, and estimates the performance levels and suggests the improvements to the branch stores. Figure (g) network model Every individual store sends the daily report to the head quarters. Based on the store information head branch database system stores the updated information such as stocks, performance levels, etc.. Using the updated information the head quarters estimates need of improvement levels and stock deliveries to the stores. The information about stock deliveries are communicates with distribution of warehouses via information systems. The warehouse department which has large chunks of ready to deliver material delivers the stock immediately to the required stores. The whole Sainsbury’s maintain the same price levels and it updates any change of product prices are communicated to the branch stores. The product price changes are affects the branch stores immediately and followed work by the overnight workers. Human resource management information systems: information systems plays very important role in human resource department in any organisation. Maintaining the thousands of employees in a big organisation like Sainsbury’s is not a simple thing. The HR department uses the information system effectively to employ the staff to their needs and providing them training. Sainsbury’s HR department in all stores sends the information about new employees that the store employed, the employee details, employee position, contracted hours, employee salaries. Sainsbury’s HR department uses their website to employ the new staff that they required. The each and every individual store of Sainsbury’s sends the information about the need of staff resources in their store, the hours of work required, which department require the new staff. The head office then receives the information about all stores vacancies and posts on line at their website. It updates the information day to day as required. The hr department of head office sends the information to IT department in the head office about vacancy details and need to be posted on line. The IT department then receives the data and posted on their websites. It works effectively by the IT department. The IT department designed the website in an easy understandable form. When the candidate’s checks that there are any vacancies arise, and found their suitable position, they can apply immediately online. The website asks the candidates to register in the recruitment website. The registration in the recruitment website is very easy by following instructions. After registering in the site, they can progress their application. The website stores the candidates registration details and gives them unique id which is useful for the forth communication, the candidates information submitted on the site is very confidential and not known the third person, because of the successful maintenance of the informatio n and database systems. The Sainsbury’s website allows the number of candidates applying for a given position is set to a limit. So as to reduce the huge applications for the position that they might cause problem to selection department. All these limitations are set by the department by the use of the information systems. The website asks the candidates to attempt an online exam, which is used to tests candidate’s abilities as a preliminary test. The number of all limited allowed number of candidates attempts the exam and finish their application. The stored database system can get the result of the candidates test details automatically and sends to the HR department. HR department then assesses the candidate’s ability based on their test further forwards application to progress. All successful candidates information is stored once in the database available to head office hr department. The HR department assigns each successful candidate with a unique id to identify the colleague. Information systems in Accounts department: The HR department maintains the daily report of employees attendance, and their working hours each day and sends the information to accounts department for payrolls. The HR information systems maintains a report of each employees, that the contracted hours of the employees, holiday pay booked by the employees, the salary of the employees, and premium pay of work, bonus of the employees and their eligibility. Every week of the employees details in all individual stores accounts department sends the information to the head office HR department. The head office assesses the information and pays the employees every four weeks based on the information. Online shopping: Sainsbury’s is also become popular with their internet shopping facility. Sainsbury’s online shopping is responsibility of each store online department. The online department in the Sainsbury’s is called STY(Sainsbury’s to you). Sainsbury’s supermarket online shopping efficiently works with the support of Sainsbury’s IT department. The information systems use of this department is more compare to other departments of this organisation. Sainsbury’s online shopping is easy way for customers to shop their needs by clicking on the computer instead of walking to store and taking the risk of delivery of the goods to their home. It provides the customers a way of easy shopping online, the company’s website provides the online shopping tool. All and every product that available in the individual store are available in the internet online shopping. The customers are expected to type in their postcode on the site, to find out which store is available nearly to their home. After typing in their postcode, clicking the access button the website tells the customer that the store is available to their home. The database of all postcodes and addresses are stored and processed by the information systems. Based on the customer information, the information system decides that which store is to be take care of the customer needs. When customer shops online and pays by card, the information first stored on the database of head office, then the assigned store. In the store, STY department automatically gets print out of the shopping list. The shopping lists are then stored in to the store database, and assigns the work to online shopping workers. The online shoppers in the STY department picks up all the items by the help of handset systems. The handheld systems are designed shortly for the use of wireless information exchange system. The manager of the STY department assigns the work into handheld systems, then the shoppers get order details one by one. The information about product details and in which aisle it is located is displayed on the handsets. So the shoppers are expected to scan the items and followed to delivery room. The information systems is more important in the department because of it is totally depended on the Information Technology. Decision making at three tiers of management in Sainsbury’s: There generally three tiers of management in any organisation. (1) top level management, (2) middle level management, (3) low level management. We can understand the management work at different levels by considering one example: When an organization is supposed to launch a new product, various people’s involvement should be included in the project. For an example, Sainsbury’s supermarket wants to introduce a â€Å"ready to eat sandwich† into their stores. This is not a simple thing and cannot be introduced directly into their stores, but various issues should be considered about this product. The sandwich may be a two pieces of bread slices with a cheese and some ingredients on it, it should have different approach than where people can make it on their homes. This should be treated as a advantageous to consumers. Sainsbury’s is a chain of five hundred thirty five supermarkets and a kind of convenience stores included in it. When this big food retailer wants to add this new product to their stores, a detailed research should have made and should communicate with the different parties using the information systems. From it’s product design to sales, a unique code must be as signed to each sandwich to specify the details and allocate value to the product. It is clear that the product designer should specify the required ingredients for the product , and should include right percentage of nutrition values, diets, less fat ..etc. the sandwich design, manufacturer, suppliers through stores requires a shared information system to have a good communication between them. The Sainsbury’s management will create a brief description about the product which the information shared by the manufacturer. Using of information systems in product life cycle management: product life cycle management is a process of managing a product from its conception through its design, manufacturing, delivering out. Plc gives product details and specifications to companies. Product design: uses the information systems to assess the features of the product and the requirements for manufacturing of that product, needs of the customers. And it also usable by the product control unit to test the quality control and it again stores the details of the product in to database for further use. The stored data can be accessed by the manufacturing unit and companies to assess whether the design is desirable for company requirements. It gives an overview of the product details i.e the cost of the production, the range of products which can be manufactured and this information available to the all authorised required data bases of the company. Manufacturing of the product: In recent years, the increasing of information technology in manufacturing increasing rapidly. Information is used to be at every level of an organization. In the competitive environment, there is need to understand the using of information systems and application of information technology in whole the process. In a process, from the raw material to the finished goods and shipping of the goods , information systems must be used to communicate at all levels. The information is important for money flow i.e payments can be paid out when delivery received to the recipient, information is usable by the manufacturer to buy and pay for the material, paying labour charges..etc. invoice can be issued by the manufacturer for right payments when he receives correct payments for the goods. A majority of manufacturing companies are using multiple computer network systems at their process. It is a challenge for the organizations to integrate the data bases in to their computer systems. Integrating the computer systems and data bases used to be the main priority for these organizations. By integrating these systems, the companies can know the required material, planning , directing and get the knowledge of market position of their system. Sainsbury’s consists of nearly eight hundred supermarkets and a finance. The head office department is located in the Holborn, the heart of London. It operates the whole Sainsbury’s by the help of middle level management. We can clearly observe the role of decision making of three tiers of management by the above example. Conclusion: I conclude that the Managing information systems is important at organisational level, to stand in the corporate competitive environment. It is not an option but essential to run big organisation like Sainsbury’s. However there is no disadvantage of using information systems except system failure, but there is a need to maintain the information system by the effective efficient team of management. It is clear that the managing information systems give good decision making deal to the managers in any organisation. References 1) Management Information Systems 9e T. Lucey, bized.co.uk. 2)Bocij, P. Chaffey, D., (2005) Business Information Systems: Technology, Development and Management in the E-business, Prentice Hall. 3) Chen, S., (2004) Strategic Management of E-business, J Wiley Sons. 4) Laudon Laudon, (2007) Management Information Systems, 10th Edition, Prentice Hall. 5) Clarke Steve (2007); ‘Information Systems Strategic Management: an integrated approach’. ISBN 978-0-415-38187-1; Routledge Printing, Canada 6) Fattahi. R and Ebrahim Afshar (2006), ‘Added value of information and information systems: a conceptual approach’; Library Review Vol. 55 No. 2 7) www.sainsbury’s.co.uk 8) information age journal How to cite A Critical Study of Sainsbury’s Managing information systems (MIS), Essay examples

Marketing Gimmick Or Business Ethics Tool â€Myassignmenthelp.Com

Question: Discuss About The Marketing Gimmick Or Business Ethics Tool? Answer: Introduction: Ethics is a term that defines proper moral philosophy. It can be conceptualised as the rules which defines the philosophy behind a conduct. These set of rules when projected in a business, several viewpoints are generated. From these viewpoints various codes can be found out that set the principles of working. These principles set the values for an organisation along with its vision and mission. Ethical codes are something that set the principles of any professional to run the business in an honest and appropriate way. Integration of honesty is the major objective of ethical codes[1]. The values of an organisation are constructed step by step with the proper application of ethical codes. These codes must be followed by each individual of the organisation. There is no certainty that all the ethical codes must be same for every organisation but overall it remains almost same. These codes are generally set up by the management of any organisation. The study of appropriate policies, strategies and activities regarding any business is called business ethics. These policies may be general or may be an approach to solve any issue related to that organisation. Different issues inside an organisation can be reduced by applying ethical codes, such as discrimination, insider trading, corporate and social responsibilities, corporate governance and others[2]. Ethical codes develop a general framework for all kind of businesses to become publicly accepted. The relationship between a customer and a business organisation is constructed through these codes of business ethics. Purpose of this essay is to understand different codes of ethics related to businesses and to gain a proper knowledge about them. This knowledge will develop a proper insight of business ethics and its implementation. Code of Ethics: Codes of ethics are necessary for a business as it develops the pathway to govern the conducts of all the members related to a business. The culture and viewpoint of any organisation is set by these codes of business ethics. Governance of conducts of members set the standards of their behaviour and generates expectation of the authority[3]. Moreover, marketing and management of any organisation depends on this tool as any consumer will prefer an organisation that has similar values. Ethical codes are philosophical endeavours rather than legal terms. It can be a co-incident that law exactly coincide with a code of ethics. In case of any business, to integrate the ethical codes, rules and regulations should be made in accordance with the ethical codes followed by the business. Core values of any organisation are reflected by codes of business ethics. Different concerns like developing satisfactory community relationship, protecting intellectual property, practicing safety measures for business or business related issues, different responsibilities and activities regarding nature, developing respect for the laws and customs of any country and response at the time when there is any conflict are the reflection of implementation of ethical codes[4]. Core values of business like employee relation management, human resource management, standards of compensation, accounting and commercial management, and regulatory compliance is maintained by the ethical codes that are used to build the business policies. A system is referred by ethics where a definite set of rules are developed as per the standards, values and believes of an organisation. The codes of ethics generally refer to a set of conducts which must be followed in order to achieve success. Ethical codes are generally set by the management of any organisation in order to be followed by the employees of that organisation. These ethical codes can be generated on the basis of various factors. A major objective of ethical codes is to set the principles of conduct within the organisation and related to business[5]. These principles are set as per the codes of ethics based on compliance. These codes just not only set those principles, but also set the punishment in case of ant violation to the guidelines. Different business industry like banking and others use compliance based ethical codes to govern their employees and maintain a follow up that all the legalities are maintained or not. These organisations generally have a department consisting compliance officers who are responsible to maintain the policies developed by ethical codes and monitoring the conduct of the employees[6]. Noncompliance creates just not only unethical issues for an organisation, but also various legal, professional and social issues for that organisation. Due to noncompliance the reputation of any company is affected, whereas the employee or employees have to undergo through an amount of penalties. These codes are mainly built on some well-defined, straight forward rules and penalties for noncompliance. These codes does not monitor the conducts of any employees, authority of the organisation does that. Therefore moral responsibility of any organisation does not get reflected by these codes. The set of values of any organisation is the definition that reflects the beliefs and culture of nay organisation and set the vision and mission of it. Public relation and environmental friendliness is developed using these kinds of ethical codes[7]. Major requirement of these codes are self-regulation rather than regulation of compliance. Value based ethical codes are consisted of both compliance and value based languages. Need for Code of Ethics: The requirement of ethical codes in business can further be discussed elaborately. Apart from deducing standards of any organisation, ethical codes are also majorly used in resolving many issues related to business. Business malpractices can be named such an issue. Different malpractices like harmful and duplicate product selling, black-marketing, artificial price hiking, cheating consumers with altering weigh and measures of products are some common example of business malpractices associated with product or service selling[8]. Confidence of a consumer can be enhanced by appropriate ethical policies of an organisation. Reflection of these policies must be shown into the quality and quantity of services and products of the business as that will build up customer trust. Customers right can be maintained with the use of ethical codes and this is another approach to build up customer trust. The perspective of this kind of ethical codes is to develop and maintain strong and trustworthy r elationship between the consumer and the business organisation. Furthermore, this helps to develop a good image of the business organisation to the society. A good set of ethical rules makes an organisation easily acceptable to a society and communities. Business survival is another prospect of developing and implying ethical codes. Without appropriate ethical rules a business can survive for a short period of time, but in long run the business ultimately collapses. Without proper ethical codes, consumers can easily be cheated, employee relations inside an organisation can easily degrade, the vision and mission of an organisation can easily be misunderstood and moreover the driving force of the business can easily be corrupted. This heavily affects the productivity and publicity of the business and organisation falls short in market competition. To stay in the business competition one must follow the proper ethical codes of conduct. Finally, in order to maintain the productivity of the organisation and balance the work environment, employees of any organisation must be dealt with proper ethical codes. Employees must be provided with proper wages, incentives, good working conditions and appreciation from the managers. Facilities assoc iated with welfare also should be provided to the employees. Evaluation of Ethical Codes: Depending on the principles, values, visions and missions of any organisation a business organisation can follow many ethical codes of conducts. An ethical code, at first builds the trust and credibility for any organisation. Success of any business depends on the confidence and trust that an organisation earns from its employees, shareholders and consumers[9]. An organisation can gain credibility from its firm attachment to its commitments and integrity, displaying honesty in its approach to achieve all the goals with proper strategies. This ethical code is the base for building a sustainable working environment as well as for building the pathway to strong customer trust. From my viewpoint this ethical code is mandatory as there is no meaning of business without customer satisfaction. Individual respect is another important ethical code to be mentioned. All the employees as well as manager of any organisation must be treated with respect and dignity. It is an ethical code that must be implemented as it brings out the full potential of any individual in his or her work. Work discrimination or any kind of harassment should not be encouraged in a work place and authority of that business organisation must take immediate actions to prevent it. I can say that respect and dignity are the key points of ethical codes that need to be implied on any business for its stability. Application of ethical codes into any business has a major objective is to enhance and maintain business communication. Every person regarding the business must speak freely or else many viewpoints get suppressed. The ultimately narrows down the pathways for a business and limits its progress[10]. Often it creates dispute inside a business organisation. Managers of any organisation are responsible in creating an environment where all the employees feel comfortable to share their views, raise their queries and submit their complaints. Many times it has been seen that an organisation has been affected by the improper and unethical behaviours of its employees. Authority of that organisation must settle those issues instantly by communicating with the employees[11]. From my understanding, open communication resolves any kind of problems and this one of my most preferable ethical codes. Behaviour or conduct of each employee cannot follow the ethical codes without the activity of the management. Responsibility of defining the ethical codes and showing their relevance and effects are the fundamental job for the management department of any organisation[12]. It can be said that demonstrating ethical codes efficiently is an ethical code itself. This code is a direct result of open communication. If I become the manager of any organisation, my priority will be to maintain my employees knowledge about the ethical codes that are fundamental for the organisation. I have to guide them strictly so that no violation can happen. Employees must be encouraged to follow the codes of ethics in order to gain their benefits and must be made aware about the consequences of violating any code. Benefits of implementing ethical codes into business can be clearly viewed from the organisational metrics and reports. Financial reports and public documents are the example of benefits. Increase in productivity indicates a steady work environment and a steady work environment indicates proper implementation of ethical codes[13]. Different Ethical Codes: Among several ethical codes, twelve most common codes are discussed here. These codes are honesty, integrity, trustworthiness, loyalty, fairness, respect, others concerns, excellence commitment, leadership, following law, accountability and morale and reputation. These ethical codes are very common and from my viewpoint every business organisation must integrate these codes with its operation. Executives or employees of any company must be honest in their objective and with their work. Any kind of deceptive or misleading activities like telling half-truths, showing misinterpretations or delivering overstatements or selective omissions must not occur inside an organisation. Fairness in work is another important code of ethics. Power inside an organisation cannot be misused or used arbitrarily. From the study of ethics I can say that many times it has been seen that within an organisation many people take advantages of others obstructions or mistakes, which is totally unethical not only in businesses but also in any sector of life. Fairness is an ethical code associated with justice rather organisational justice. Each individual should be treated equally. Nature and smoothness of human life heavily depends on trust. Thus trustworthiness has been proved to be an important ethical code. An organisation must keep their promises in every aspect. This task is same for employees as well management for any organisation. The prospect of trustworthiness can be viewed from a larger viewpoint. Any business can be successful with supports of the consumers and in order to gain supports of consumers a business needs to be trustworthy[14]. This ethical code prevents the escape from any commitment by means of unreasonable agreements. Loyalty develops from trust. Confidentiality of any organisation is maintained with loyalty. Neither employees nor managers of an organisation should share delicate and confidential information related to business of that organisation that can affect the organisation[15]. Avoiding various conflicts of interests among the individuals loyalty can be maintained. There are certain times when an employee wants to leave an organisation for the sake of improvement. That also can be performed loyally. The employee should give a notice to the organisation providing his or her reasons. Loyalty is self-work is the key to progress. More a person remains loyal to his work and to the organisation where he or she works, more quickly he or she progresses. Any work should be integrated with personal abilities and personal thoughts. Every person has the right to integrate their viewpoints in their work and this improves the quality of the work. I found that when personal ability is combined with company resources the work of any individual enhances by a good amount. Necessary ethical codes should associate two very important codes, which are concern and respect for the others. A workplace can improve in a better way when if each individual has concern and respect for each other[16]. Any problems can be solved very easily in this manner, ego clashes will reduce and employee relations can improve a lot from this way. Mutual respect enhances the quality of communication within an organisation and outside of an organisation. Executives of an organisation must follow the basic rules and regulations of business along with the specific rules provided by the organisation. Any violation in this case will not only hamper the reputation of the organisation but the individual or individuals will have to face the consequences[17]. This brings up another code which is the reputation of any organisation. I think that primary morale of any organisation is to maintain its reputation. Responsibility of setting the morale of any organisation lies with management and the responsibility to maintain those lies with the employees. Legal requirements that are associated with the rules and regulation of are competition, selective disclosure, proprietary information and health and safety. Commitment to excellence is a necessary ethical code for any business. An organisation consisting of more excellent employees progresses fast. Leadership skill is necessary to discover the excellence[18]. People must accept their responsibilities according to their positions so they can create ethical role models. Lastly, accountability for own decisions and work is another general ethical code that can be described as a code of ethics[19]. A person should always acknowledge his or her works and its consequences, good or bad. Apart from that, accountability is also related with the policies developed by the management of any organisation. Employment and organisational behaviour is closely related with conflicts. Any kind of conflict at workplace effectively reduces the productivity of an individual or an organisation[20]. It corrupts the work environment and creates dispute among employees and manager. From this concept, another ethical code can be discussed which is avoiding conflicts. Less the number of conflicts inside an organisation, more the employees are determined and pleased with their work. Consequences of Poor Application of Ethical Codes: Improper application of codes of ethics leads an organisation or any individual to severe consequences. These consequences can have short or long effects. Unethical works result in many legal and social issues[21]. Breakdown of integrity immediately causes a big loss in a business. Therefore a business needs to be protected from unethical issues. This can be done preparing effective management plan. Reasons behind poor application of ethical codes or unethical behaviour are many. These are excessive workloads, huge stress in work, poor management, personal grudge and many more[22]. There are many effects that caused by the non-conduction of ethical codes. Primary effect is a decrease in productivity of any organisation or any individual[23]. Unethical behaviours reduce the depth and integrity in employee relation. It also affects the relationship between a customer and an organisation. Reputation of an organisation or an individual is also affected along with the productivity. Managers of any organisation lose the respect of the employees which affects the work-force of any organisation[24]. An organisation loses its reputation as well as credibility in the market and it loses its position in the competition. The trusts of customers break rapidly with the increase of unethical issues in an organisation. Many severe legal issues with penalties and punishments are the direct resul ts of improper implementation of ethical codes. Conclusion: Therefore, from the above essay, we have a clear view of business ethics and implementation of ethical codes into individual or organisational businesses. The discussion clearly gives a view of ethics and its codes that can be related with business. Ethics gives a description of what is right and what is wrong. In many cases we notice that due to the work pressure of our lives we embrace some activities which are not right as per the moral values. Ethical codes can be implemented to any business in order to make it successful. Without application of ethical codes, a business can face many issues. Each and every organisation has some ethical codes integrated with its working principle. Managers as well as employees must obey all the codes as these codes are the keys to maintain the stability of working environment. Performance of any organisation depends on the proper implication of the ethical codes. Any unethical issue inside the organisation reduces its productivity as well as its reputation. Improper implementation of ethical codes, moreover the disregards of employees in following the codes of conducts develop several disputes which can result in a collapse of the business of the organisation. Following different ethical codes of conducts an organisation can stay ahead in competition. 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