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  • Return of Ethics into Business Activities – From Utilitarianism to Conscious Consumers (review)
    94-107
    Views:
    171

    According to the common understanding of economic science people following their own preferences looking for ractional decisions which might bring the biggest advantage available. General economic models take this pre-condition as an axiom, however while analysing real processes and motivation, human side, ethics and values cannot be ignored. Business ethics has always been part of economics though having a diminishing role occasionally. Current developing movements of conscious consumers reveal the importance of the topic, highlighting personal creed and moral principles. Analytical frameworks incorporating ethical considerations are albeit more complicated hence offer more realistic interpretation of economic activities and therefore practical benefits at the end. Our study is a general review on this phenomenon.

  • Management Practices from Christian Point of View
    14-30
    Views:
    167

    Globalisation is a complex and worldwide process overarching historical times and continents. However the phenomenon brought efficiency and new opportunities to companies, providing practically free access to raw materials, labour and knowledge, it also caused negative effects like the degradation of the biosphere, greater social and economic inequality especially in the developing countries. There are some companies operating worldwide which have acquired great economic power and influence. and governments have only limited possibilities (if any) to regulate their operation. The expenses of profit maximisation are high, which are often ‘paid’ by the socialnatural environment (as externalities) and/or by humans. The aim of our study is to overview how current business relations could be formed to be more „human friendly”. The research is done from a Christian philosophy point of view, focusing on the employees as the major stakeholder group of the comanies. As part of the study some practical examples and Hungarian organisations related to this topic are introduced in order to highlight the relevance of the topic.

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