International Mangement of Ethics and Values Assignment

International Mangement of Ethics and Values - Assignment ExampleAcross the Tasman Sea, in New Zealand, he owns nearly half. Further, he is the possessor of two fifths of the Australian Associated Press. (Knowlton & Parsons, 1995, p. 200) These holdings are notwithstanding his considerable market share in Britain and the United States. These statistics bear testimony to the Murdochs media monopoly. Between the lines one give the gate read the dangers posed by monopoly in an industry that is crucial to socio-cultural discourse. This report will evaluate how News potbellyoration holds up to the scrutiny of their stated enter of Ethics as well as against the triple bottom line criteria for ethical evaluation. Official ensamples of Business Conduct proclaimed by News Corp News Corps official Standards of Business Conduct (SBC) document makes some bold claims. In the area of building invest with business enterprise partners and customers, it claims that trust and integrity are of ut most importance. The SBC goes on to outline generic principles that underlie the culture of trust that is at the heart of News....While it is impossible to formulate rules to govern both possible situation, these Standards seek to assist us in continuing to avoid misconduct and the appearance of misconduct. (Standards, 2013) Further, under the heading Ensuring integrity and transparency of conduct, the SBC defines what constitutes a conflicting situation and how the News Corp Management will resolve it A conflict of interest arises when personal interests or divided loyalties interfere with our power to make sound, objective business decisions on behalf of the Company. We are committed to a work force that is clearly and obviously motivated by the best business interests of our Company. (Standards, 2013) Under the heading Maintaining Credibility, the SBC lays out three commandments for ethical management of news gathering and reportage. These rules were also meant to apply to its r elationship with other business partners, establishment contacts and the readership. These are We do not make deliberately false or misleading statements about our businesses, or about other companies....We obtain competitive randomness legally. We do not obtain information about competitors through theft, blackmail, wiretapping, trespassing or other methods prohibited by law. (Standards, 2013) The Triple Bottom Line (TBL) Standard At the core of the TBL standard is the principle of sustainability. Equally applicable to nonprofits, governments as well as businesses, the TBL measures the degree to which an organization is being sustainable or engage sustainable growth can be difficult. (Slaper & Hall, 2013) Scholars like John Elkington were instrumental in devising quantitative measurement scales for TBL. Under the system, conventional focus on profits is excluded. It its place, new parameters such as environmental and social effects of business actions were added to the usual mea sures of return on investment and shareholder value. By snap on comprehensive investment results that is, with respect to performance along the interrelated dimensions of profits, people and the planettriple bottom line reporting can be an important tool to support sustainability goals. Many businesses and non-profit organizations have adopted the TBL sustainability framework to evaluate their performance, and a similar approach has gained currency with governments at the federal, state and local