Building ethics in construction partnerships pdf

#Building ethics in construction partnerships pdf free

What is an Ethical code? - Th This is is a se sett of pr priinc ncip iple less gov ove ern rniing mor oral alit ity y an and d ac acce cept ptab able le behaviour It is likely to cover: Issues relating to international businessД«ehaviour in relations to mergers and takeoversД®thical issues concerning directors and managers Relations with the government and the local community Relations with shareholders and other investors Institute of Business Ethics Suggestions for Good Practice The In The Inst stit itute ute re reco comm mmen ends ds th that at or orga gani nisa satio tions ns is issu sue e st state ateme ment ntss of ethical practice in respect of: It first needs to be stated that bribery to secure a contract (especially a contract with a public sector body) is against the law and severe penalties can result However, it is sometimes seem (wrongly) as a victimless crime and is often rationalised rationalised in terms of вЂњif we donвЂ™t offer a bribery, others willвЂќ From a moral or ethical perspective it should be approached not in terms of вЂњcan we get awayвЂќ with it but is it right to offer a bribe to secure a contract Bribery This is a key ethical issue in business Ignoring of health, safety and environmental standardsДЄn ethical producer has to be concerned with what is practiced by all firms (upstream and downstream) in the supply chain. The use of child labour and forced labour Inaccurate and incomplete testing of productsД®thics and the supply chain - It would be hypocritical to claim to be a ethical firm if it turned a blin bl ind d to un unet ethi hica call pr prac acti tice cess by su supp ppli lier erss in th the e su supp pply ly ch chai ain. Omitting to provide information on side effects Selling goods abroad which are banned at home Unethical practices relating to products - examples Pricing lack of clarity in pricing Dumping вЂ“ selling at a loss to increase market share and destroy competition in order to subsequently raise prices Price fixing cartels Encouraging people to claim prizes when they phoning premium rate numbers вЂњBaitt an вЂњBai and d sw swit itch chвЂќ вЂќ se sell llin ing g - at attr trac acti ting ng cu cust stom omer erss an and d th then en subjecting them to high pressure selling techniques to switch to an more expensive alternative High pressure selling - especially in relation to groups such as the elderly Counterfeit goods and brand piracy Copyin Copy ing g th the e sty tyle le of pac acka kag ging in an at atte tem mpt to mis isle lead ad consumers Deceptive advertising Irresponsible issue of credit cards and the irresponsible raising of credit limits Uneth thiical practic ice es intelligence Unethical practices in marketing - examples

Working conditions and treatment of workers honouring the spirit as well as the letter of the law in respect to warranties and after sales service The number and proportion of women and ethnic minority people in senior positions The organisationвЂ™s loyalty to employees when it is in difficult economic conditions tobaccoД®thical issues arising from internal and industry practices - examples The extent to which a business accepts its alleged responsibilities for mishaps, spillages and

The degree of safety built into product design

Honesty, truthfulness and fairness in marketingДЄgricultural practices e.g. World wide inequality of income can result in unethical practices such as the child labour Monopsony buyers can exploit supply firms

#Building ethics in construction partnerships pdf free

Ethical issues arising from the nature of markets - The 18th Century economist Adam Smith demonstrated how in a free market the self interest of producers and consumers will produce an outcome desirable to all concerned - But the market can also lead to inequality of income, wealth and market power: