Ethics and performance management

Article Abstract:

Corporate ethics has become an important strategic management issue. Its adoption creates a socially responsible organization with improved corporate image and better physical and moral environment. On the other hand, companies that fail to have business ethics may lose their customers, discourage potential employees and restrain their relationship with the government. Corporate ethics can be promoted within organizations if all stakeholders are treated fairly and morality and responsibility are integrated in the decision-making process.

Corporations, Business Ethics, Investor Relations, Stockholder Relations, Stockholders, Ethical aspects

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Critical success factors in the machine-tool industry

Article Abstract:

Technology can fulfill its potential to improve competitiveness in the machine-tool industry only if it improves vendors' understanding and support for their customers' needs. Moreover, technology can play a major role in the industry's efforts to improve both its products and processes, which are essential for enhanced competitiveness.

Metalworking Machinery, Machine Tools, Metalworking Machinery Manufacturing, Competition (Economics), Tool industry

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Business ethics: Myth or reality, tool or essence?

Article Abstract:

Business ethics are discussed.

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