Assignment title: Information
An individual Essay need to be written on following topic ' Do Codes of business Ethics Really work'?Do code of ethics really work'? Kaptein, M. and Schwartz, M. (2007) 'The Effectiveness of Business Codes: A Critical Examination of Existing Studies and the Development of an Integrated Research Model', Journal of Business Ethics. Springer, 77(2), pp. 111–127. Referring to several research studies, this article demonstrates a critical examinations of existing empirical studies on effectiveness of business code and the expansion of an integrated research model. A noticeably mixed outcomes on effectiveness of business code has presented as a result of many conceptual views and empirical studies. The authors notice the mixture of key definitions, methods and samples used in these studies come up with confusing outcomes. This article spends quite some time explaining many scholars view on explaining importance of having a business code for altruistic reasons. A need of overall research model for determining effectiveness of business code has been discussed and sufficient supportive studies and experiments are shown as a part of developing such model. The usefulness of this article is in drawing a dissimilarity between measuring the actual and potential code of business ethics. The article states that effectiveness of any current business code can be measured by filling in the given Figure 1 for each department. Verschoor, C. C. (2011) 'Pharma Ethics code isn't working!' 92(8), pp. 17–61. This article mainly focuses on how some unethical marketing strategies used by pharmaceutical companies in America to advertise their products and their unacceptable interaction with healthcare professionals is making the PhRMA (Pharmaceutical Research and Manufactures of America) code ineffective. The author includes the research studies done by ProPublica (An independent non-profit organization) on violation of PhRMA code by seven renowned drug manufacturers and reveals their inappropriate tactics used through prominent health care professionals by promoting medicines uses which are not approved by U.S. Food and Drug Administration(FDA). This article contains statistics of payment and other benefits many pharmaceutical companies in America giving to health care professionals in order to continue their unethical marketing strategies. The key understanding of investigation and research studies shown in this article is medical schools concerns about next generation medical professional as these current unethical behavior is just favoring pharmaceutical companies and how it effects professionals commitment to abide by rules and integrity. The utility of this article is to understand how code of business ethics remains ineffective in some large organizations if no proper actions are taken towards its violation. Jalil, M. A., Azam, F. and Rahman, M. K. (2010) 'Implementation Mechanism of Ethics in Business Organizations', International Business Research, Vol. 3, Issue 4, pp. 145-155 This article emphases on importance of having a code of business ethics in every business organizations. It also discusses the academic scholars and corporate practitioners concern about growing number of unethical practices happening in many organizations around the world. An analytical research shows how governments of various countries requesting associations and organizations to implement proper code of business ethics. The authors include supportive examples to explain the adverse effect of neglecting the unethical business practices. Business ethical models explains how implementation and development of ethical content ensures consumer satisfaction and loyalty. In this article, author talks about how governments can be capable in forcing organizations to implement a code of business ethics and penalize them if any unethical practice or violation of code happens. In evaluation, this article is really good in understanding how organizations can form long-term lucrative relationships with its stakeholders by effectively implementing ethical practices Kaptein, M. (2010) 'Toward Effective Codes: Testing the Relationship with Unethical Behavior', Journal of Business Ethics. Springer, 99(2), pp. 233–251 This article aims to explain the various factors to test the effectiveness of business code of ethics as empirical studies challenges that even how effective codes become counter effective. A research studies done on 2390 members of the U.S. working population focuses on up to what extent business code of ethics help to curb unethical behavior. In this article, A hypotheses done on five facts Description: The essay will use the same topic that was chosen for Assessment 1, the annotated bibliography. The topic for your annotated bibliography was phrased as a question. It is this same question that now forms the title of your essay and which the essay must address. NOTE: If you wish to change topics for the essay then please consult with your lecturer as soon as possible. This is important because if you change topics, then you will need to begin an essay literature search from the beginning again. The essay requires: • Research and review of the contemporary literature in the topic area. • A range of citations and references that should demonstrate breadth and depth of research. • Industry and/or organisational examples to be incorporated into the essay as illustrative evidence. • A original argument to be built through the use of critical thinking. • Critical evaluation in the essay's conclusions. • Appropriate and accurate use of the Harvard referencing system You must use a minimum of 10 references. These must comprise: • At least 6 academic articles (up to five of which may be the same ones as in your annotated bibliography). • Up to 2 text books (including the prescribed text) • Up to 2 other authoritative sources of your choice. E.g. quality newspaper or professional journal, government or NGO website. Please avoid the use of corporate websites as these tend to be promotional and not authoritative. • Wikipedia and other 'popular' or non-academic sources are not to be used