Create a WH Framework chart, similar to Exhibit 2.1. Refer to L'Oreals core values and the primary
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Create a WH Framework chart, similar to Exhibit 2.1. Refer to L'Oreal’s core values and the primary values in Exhibit 2.3 to determine the guidelines to include in the WH Framework.
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Exhibit 2-3 Primary Values and Business Ethics VALUE Freedom Security Justice Efficiency ALTERNATIVE MEANINGS 1. To act without restriction from rules imposed by others 2. To possess the capacity or resources to act as one wishes 3. To escape the cares and demands of this world entirely 1. To possess a large-enough supply of goods and services to meet basic needs 2. To be safe from those wishing to interfere with your property rights 3. To achieve the psychological condition of self-confidence to such an extent that risks are welcome 1. To receive the products of your labor 2. To treat all humans identically, regardless of race, class, gender, age, and sexual preference 3. To provide resources in proportion to need 4. To possess anything that someone else is willing to grant you 1. To maximize the amount of wealth in society 2. To get the most from a particular output 3. To minimize costs Exhibit 2-3 Primary Values and Business Ethics VALUE Freedom Security Justice Efficiency ALTERNATIVE MEANINGS 1. To act without restriction from rules imposed by others 2. To possess the capacity or resources to act as one wishes 3. To escape the cares and demands of this world entirely 1. To possess a large-enough supply of goods and services to meet basic needs 2. To be safe from those wishing to interfere with your property rights 3. To achieve the psychological condition of self-confidence to such an extent that risks are welcome 1. To receive the products of your labor 2. To treat all humans identically, regardless of race, class, gender, age, and sexual preference 3. To provide resources in proportion to need 4. To possess anything that someone else is willing to grant you 1. To maximize the amount of wealth in society 2. To get the most from a particular output 3. To minimize costs
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ANSWER WH Framework The WH framework for business ethics is a set of ethical guidelines that urges us to consider whom an action affects the purpose of the action and how we view its morality In exami... View the full answer
Related Book For
Managing Supply Chain and Operations An Integrative Approach
ISBN: 978-0132832403
1st edition
Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb
Posted Date:
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