Wednesday, May 6, 2020

Business Ethics Of Microsoft Corporation - 989 Words

Business ethics is the set of moral rules that govern how businesses operate, how business decisions are made, and how people are treated. In business, moral rules are applied by a corporation to determine how best to treat its employees, shareholders and customers. Microsoft Corporation is an American based company offering software solutions worldwide. Microsoft Corporation is one of the largest American based corporations when it comes to product sales. It faces competition from Apple and other software production companies in the United States and around the world. The company has roots in over one hundred countries in the world, with its owner rated as the richest man in the United States. Microsoft upholds high ethical standards when it comes to conducting business and internal company values, it’s been on the Ethisphere Institute’s list of the World’s Most Ethical Companies every year since they began issuing the list in 2011. Their mission is to enable people and organizations throughout the world to do more and achieve more by creating technology that transforms the way people learn, work, play, and communicate. Well known for development and market software, services, and devices that deliver new opportunities, gre ater convenience, and enhanced value to people’s lives. Principle 1 of the Caux Round Table’s Principles for Responsible Business is respecting Stakeholders beyond Shareholders. Businesses should have goals that extent beyond economic survival,Show MoreRelatedInternal and External Factors of Management1396 Words   |  6 Pagestop 500 largest companies in the United States (Time Warner Co., 2008). Being ranked no. 44 in 2008, Microsoft has increased its revenues 15.4% since 2006 because of its continued efforts to release latest technology (Time Warner Co., 2008). 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