Entreprenuership By Kak Husna

Assalamualaikum

Salam jumaah and have great fully everyone where are give more chances to ibadah. Firstly, I want to tell that this part of my writting is not a part of my assignment, I just attract with the paper work of kak husna doing their master in management. She had post and help us to identify and understand the meaning of entreprenuership from diffrences scholar. There are several definition made by same scholar attract me most, short and precise but bring a complete definition.

Davids (1963) and Mescon & Montanari (1981) also defined the entrepreneurs as “founders of new businesses” (Gartner, 1989). Draheim (1972) also agreed that entrepreneurs are “new company founders.

The creation of something new is usually preceded by identifying an opportunity. Opportunity as described by Moriatti, 2007 “is an idea that is based on what consumers need or want. A successful business sells products or services that customers need, at prices they are willing to pay.

From my understanding, founder of new business is something that new that can gain profit and benefit to the seller also the buyer. That something is the new brand,product or good that need by people around. There also can be new product or good that any one who have not sell it or any good that have been produced but they only renew it.

New company founders is like example one company sell the product like phone, the company always have to brainstorming the new idea to against other company. Like samsung, always creation the new idea like almost one year there will be 5 new phone style  at least will be produced.

Based on Moriatti,2007 definition,I am totally agree with her term of she found oppurtunity. Unfortunately, in Malaysia even we are almost businessman are malay and practised islamic way of business, they are totally against the definition of Moriatti found the entreprenuership is. Many muslim business are cheating each other, supress the customer, and hide the good especially during festival because they want to make a mark up when the demand is higher, but supply deficit." supply deficit" because of their act of hide the good to sell with double price.

REFERENCES

http://dinalorstar.blogspot.com/search?updated-max=2013-03-04T00:26:00-08:00&max-results=3&reverse-paginate=true

Assignment 2

ADOPTION FROM CHAPTER 3

UNETHICAL DILEMMA

DEFINITION AND WHAT IS THE EXAMPLE OF UNETHICAL DILEMMA IN BUSINESS ?

UNETHICAL : Not conforming to approved standards of social or professional behavior; "unethical business practices"

Ethics is based on the recognition of certain human rights. An individual has the right not to be deliberately deceived. He has the right not to be forced to go against his conscience. He has the right to expect other parties to live up to their commitments and to behave according to the law. In the workplace, the employer has the right to expect employees to behave according to company policy.

1. Deliberate Deception

Deliberate deception in the workplace includes taking credit for work done by someone else, calling in sick in order to go to the beach, sabotaging the work of another person and, in sales, misrepresenting the product or service to get the sale. There are other examples of deliberate deception, but these show how damaging deception can be by using a person's trust to undermine his rights and security. In a workplace environment, this results in conflict and retaliation. In a sales function, it can result in lawsuits from deceived customers.

2. Violation of Conscience

Your sales manager calls you into his office and threatens to fire you unless you sell 50 large toasters. You know the large toasters are inferior products and have been selling the small toasters to your customers, instead. To keep your job, you must violate your conscience and recommend that your customers buy the large toasters. Your boss is engaging in unethical behavior by forcing you to do something you know is wrong, and also risking the ire and potential loss of valuable customers to meet a product sales goal. He may be engaging in unethical conduct because top management has forced him by threatening his job, too. Coercion is also the basis for workplace sexual harassment and results in lawsuits. Unethical behavior often causes more unethical behavior.

3. Failure to Honor Commitments

Your boss promises you an extra day off if you rush out an important project by a certain date. You work late hours and finish the project before the deadline. Ready for your day off, you mention it to your boss who responds "No, we have too much work to do." Your boss engaged in unethical behavior that has virtually guaranteed your future distrust and unwillingness to extend yourself to assist in department emergencies. In addition, you are likely to complain to your co-workers, causing them to distrust the promises of the boss and be unwilling to cooperate with his requests.

4. Unlawful Conduct

Padding an expense account with non-business expenses, raiding the supply cabinet to take home pens and notebooks and passing around unregistered or counterfeit software are examples of unlawful conduct in the workplace. The person who steals from the company by padding her expense account or taking supplies for personal use risks losing her job. If a company decides to overlook such theft on the basis of maintaining employee morale by not firing a popular employee, other employees will also steal so they can feel they are getting the same deal as their co-worker. Passing around counterfeit software, if discovered by the manufacturer, can cost the company through lawsuits and fines.

5. Disregard of Company Policy

An employer is understandably concerned about avoiding lawsuits and angry customers because those things negatively affect profitability. Most employers clearly state company policies against deception, coercion and illegal activities. They also strive to convey an image of trustworthiness to their customers and employees. Corporate trustworthiness helps retain customers and valued employees, and the loss of either also negatively affects company profitability. To disregard company policy is unethical because it has the potential to harm the company and other employees.

REFERENCES

http://smallbusiness.chron.com/examples-unethical-behavior-workplace-10092.html
http://www.thefreedictionary.com/unethical

Part 1

SELF MOTIVATION

Assalamualaikum and hye to all my readers out there, this is my first entry of my service offered. I am going to show you and express you the feeling and basic thing in our life that is core and important to build life today is "OURSELVES". I am trust so many people outside now fell unlucky,sad, feeling bad and so on, I just want to tell and improve you to deleted all the worse memory and start to fell better from now on. I am always remember that life is short, make it happy and appreciate it. 

Sometime we fell that way because of losing someone that we care or love too much or have something bad happen. Trust me, it just only keep you feel this way only a few days, or maybe hours depends on how you control yourself. The expressed feeling is the process of self hormone that is neutral and happen to everyone. So you  do not need to worry too much about it. There are so many ways to expressed feeling by the people like sometime they are over exposed till make they feel it better to suicide. Together we avoid from feeling that way, and here I am going to give some tips to make you better confident after through all the worse thing :)

1. Remember, all the things happen have a reasons and its all from God

2. Try to memories and have a deeper thinking WH question about why it happen, how and what the causes, and the most important, how to solve it?

3. Have positive thinking and try to appreciate self

4. The bad will come better if we smart handle it

5. Expose to find someone and share all your problem to her/him, at least your fell get better

6. Take time to hangout with friends, relaxing your mind and have outdoor activity

"BELIEVE THAT YOU ARE WORTH THE TREASURE"

"THE PAIN IS WORTH THE PLEASURE"

"THAT MONEY AND PAIN CAN NOT MEASURE"

Question

a ) What Is The Definition Of “Business Ethic” , 

b) Why Business Ethics Is Considered “OXYMORON”

The  www.investopedia.com websites define "business ethics" as the study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities. Business ethics are often guided by law, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance.

Business ethics as being explained also are implemented in order to ensure that a certain required level of trust exists between consumers and various forms of market participants with businesses. For example, a portfolio manager must give the same consideration to the portfolios of family members and small individual investors. Such practices ensure that the public is treated fairly.

While "http://www.businessethics.ca" define "business ethics" as the critical, structured examination of how people &    institutions should behave in the world of commerce. In particular, it involves examining appropriate constraints on the pursuit of self-interest, or (for firms) profits, when the actions of individuals or firms affects others.

Other than that, "www.ndssbiz.wikispaces.com"define  "business ethics" as the study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities. Business ethics are often guided by law, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance

                  Besides that,we should know that business ethic is not law. it is ethic in the business life "structured examination of how people and institutions should behave in the world of commerce" but business ethics are often guided by law, while other times provide a basic framework that business may choose to follow in order to gain.

                  By oxymoron, that mean the bringing together of two apparently contradictory concepts like cheerful pessimist of deafening silence.

                  The main purpose of a business activity is to maximize profit. Many cases have been recorded till date on how ethics cannot be applied in business. Some of the famous cases on wrong conduct of business are the cases of Franklin Jurado guilty to money laundering and the cases of bribery in Malaysia.

EIB 20103

BUSINESS ETHICS (EIB 20103)  

PROFESOR SR DATO’ DR KAMARUDIN MOHD NOR, 

DSDK, AMK, PJK , BSc [Hons] HBP [Architecture] Universiti  Sains Malaysia; MSc [Construction Management] Heriot-Watt University, Edinburgh; Phd [Architecture] University of Wales, Cardiff ,FRISM,FRICS, MBEng. MCIArb.

What Is Business ?

:An economic activity.

:A transaction where an offer is made  by a seller and the offer is accepted by a buyer  for a consideration with the hidden agenda of a gain or profit .

What Is Ethics?

:The discipline dealing with what is good and bad.

:  A theory, system, or set of moral principles or values.

:  Ethics is beyond law. Ethics starts when the law stops.

:  The institute of global ethics defines ethics as : ‘Obedience To The Unenforceable.’

Business Ethics

The study of  business situations, activities,and decisions where issues of right and wrong is adress.

What Is Corporate Governance ?

 The process and structure by which business and affairs of corporate sector is directed and managed.

Objectives Of Corporate Governance ?

To build up an element of trust and confidence.

Enhance stakeholder's value.

Enhance corporate performance and accountability.

Why Ethics Is Important In Business?

*  Provide excellent service & retain customers.

*  Develop and maintain strong employee relations.

     - Suffer less turnover

*  To increase the lifetime of an organization.

*  To gain the goodwill of the community.

*  Produce safe and effective products.

*  Enjoy better employee morale.

Benefits Of Ethical Business 

1.  Maintains a moral cause in turbulent times.

2.  Cultivates strong teamwork and productivity.

3.  Supports employee growth and meaning.

4.  Helps to ensure that policies are legal.

5.  Helps to avoid criminal acts of “omission” and can lower fines.

6.  Helps to manage values associated with quality management and  

      strategic planning.

7.  Promotes a strong public image.

8.  Improves trust in relationships.

9.  Legitimizes managerial actions.

10. Strengthens the coherence and balance of the organisation’s culture.

11. Cultivates a greater sensitivity towards the impact of the 

        enterprise’s values and messages.

12.  Every significant management decision has an ethical value dimension.

13. There exists a clear vision and picture of integrity throughout the 

        organisation.

What is business? 

: Business is an economic activity, a transaction where an offer is made  by a seller and the offer is accepted by a buyer  for a consideration with the hidden agenda of a gain or profit .

How About Business Ethics ?

: The study of business situations,activities, and decisions where issues of right and wrong is adressed.

Why Ethics Is Important In Business?

  Provide excellent service & retain customer

  Develop and maintain strong employee relations.

    - Suffer less turnover.

  To increase the lifetime of an organization.

  To gain the goodwill of the community.

  Produce safe and effective products.

  Enjoy better employee morale.

Benefits Of Ethical Business 

1. Maintains a moral cause in turbulent times.

2. Cultivates strong teamwork and productivity.

3. Supports employee growth and meaning.

4. Helps to ensure that policies are legal.

5. Helps to avoid criminal acts of “omission” and can lower fines.

6. Helps to manage values associated with quality management and strategic planning

7. Promotes a strong public image.

8. Improves trust in relationships.

9. Legitimizes managerial actions.

10. Strengthens the coherence and balance of the

      organisation’s culture.

11. Cultivates a greater sensitivity towards the impact

      of the enterprise’s values and messages.

12. Every significant management decision has an

      ethical value dimension.

13. There exists a clear vision and picture of integrity

      throughout the organisation

Assalamualaikum 

Dear all the readers on my blog now, this blog I am preparing for business ethics course which is compulsory for me and it also one of the assignment need to complete. The purpose of Prof Sr Dato Dr Kamaruddin Mohd Nor ask we to have own blog to promote green house which is we don not need print out the assignment and send to him. Hai Pak Din ^^. We just need to post all the assignment in this blog. Together we achieve to support the earth and appreciate what we have now. 

On the next entry I will post about the information related to business ethics and the services I will make it freely for you all take it and adopt it in your life routine. The very suitable service that I think important for everyone in this urban population is motivation. And in this opportunity I want to help my lovely prof promote the awareness of green house.

EVERYDAY IS THE EARTH DAY, TREASURE IT LOVE IT