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Essay / Research Paper Abstract
A 3 page paper discussing the ethical operation of a furniture business and how failure to be cognizant of ethical behavior can destroy trust, diminish financial stability and invite government intervention. The paper discusses the goals of ethical behavior and how they apply to retail furniture operations. No sources listed.
Page Count:
3 pages (~225 words per page)
File: CC6_KSbusEthFurn.rtf
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Unformatted sample text from the term paper:
furniture business in the United States, and a long-term goal for the business is to grow it into "a most valuable and known company in the furniture" business. The
issue of ethics in business typically invokes thoughts of large multinationals and their behavior in offshore markets, but there is reason to be cognizant of ethical behavior even in the
furniture business as well. Aside from the obvious ethical practices of being fair with customers, employees and vendors, there are other ethical positions
that apply to my business. Among these are ensuring that my business deals with suppliers who also exercise ethical practices, particularly when dealing with those maintaining overseas operations. Goals
of Ethical Behavior The goals of ethical behavior are to establish and maintain trust, the cornerstone of capitalism; secure financial stability resulting from
sound business practices; and avoid government intervention based on the need to protect either consumers or other businesses. Trust is essential to the
profitable and continued operation of any business, and from a variety of directions. Employees who believe they can trust their employer are far more productive and willing to invest
their own financial futures into working for the company. Customers who have trust in the company not only return for future purchases, but they also tell their friends and
relatives about the positive - and negative - experiences they have had with a local merchant. In this sense, ethical behavior equates with increased market share. Vendors trust
is essential as well. Whenever any supply issue arises with a specific vendor, it will first supply the inventory needs of that business customer that pays its bills promptly
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