Business Ethics: The Practical side

After landing in controversy in year 2015 over patent infringement, Xiaomi, was asked to stop the sale of some of its handsets by the Delhi High Court-            Sony Ericsson       VS              Xiomi

There are many ideas about the factors that contribute to the ethics of an organization.  These ideas range from ethical leadership to a concern for stakeholders to having a mission beyond economic success. While these ideas seem likely, there is very little evidence to support them. More importantly, there is often little you can do to affect these factors. A company that makes coat hangers is limited in the extent to which it can make its mission inspiring. So a team of researchers set out to isolate actionable factors that contribute to an organization’s ethics. By relying on publicly available data together with survey research on over 100 companies, the team built a survey instrument now widely used to measure the ethical performance of organizations.  Their research found three factors that any organization can use to improve its ethics. Source:  https://en.wikipedia.org/wiki/actionable%20factors%20that%20contribute%20to%20an%20organization%E2%80%99s%20ethics. The