Strategy, profits & ethics: Beyond the work of miles
MetadataShow full item record
A prominent feature of the management ? and increasingly marketing ? literature is offering normative prescriptions to corporate strategists for maximizing profits. However, with few exceptions, the ethicality of various profit making strategies has not been analysed or debated. Building upon previously developed ethical criteria, this paper assesses five profit making strategies widely discussed in the literature. Our results reveal that strategy approaches for making profits based on industrial organization (IO) economics seem to largely fail the ethical criteria while Austrian, core competency, dynamic capabilities and market orientation approaches seem to fair much better. For scholars involved in the teaching of strategy, this study clearly demonstrates that ethics cannot be ignored in the classroom. For corporate strategists, examining their approach to making profits should come under the careful scrutiny of an ethical lens, such as one described in this paper.
Showing items related by title, author, creator and subject.
Developing, implementing and evaluating the use of ethical frameworks in teaching bioethics issues in a Year 10 biotechnology programYap, Siew Fong (2012)With the re-emergence of values education in the school curriculum in the last decade, science is viewed as one of the key teaching domains, and in particular, socio-scientific education is increasingly perceived as ...
Bioethics education in the science curriculum : evaluation of strategies for effective and meaningful implementation.Dawson, Vaille (1999)Although science is viewed by some as objective, analytical and unaffected by morals and values, the practice of science does raise many ethical issues. From an ethical standpoint, science teachers have an obligation to ...
Ethical mindsets, aesthetics and spirituality: a mixed-methods approach analysis of the Australian services sectorIssa, Theodora (2009)This thesis reports on an interpretive mixed-methods approach research conducted in the Australian services sector. Deriving from two different yet related literatures on aesthetics and spirituality, this thesis focuses ...