For his part, Zuckerberg conducted himself with weak moral standing, having stolen a valuable idea and taken steps to register and launch it without stating his position to the Winklevosses. He countersued out of jurisdiction and misled during mediation, allowing the Winklevosses to enter into a financial settlement without having full access to financial records. However, Zuckerberg remains protected in all of these actions because he did not have a formal work agreement in
PART A Company Q is missing an opportunity to be a leader in the area of social responsibility within the community they serve and to their employees. Its current attitude towards social responsibility could impact their business for the long-term. They may continue to lose customers if it continues on this current self-destructive business path. They appear to be of the opinion that the high crimes rates are leading to losses. Perhaps they believe that the employees are contributing to the revenue losses and are stealing merchandise.
Frank may be the leading salesperson who has to deal with the situation when it actually happens (customer dissatisfaction). Ricardo, on the other hand, coming from a different culture with a different work experience may be the one that feel hostile regarding to Frank’s response, or depending on the scenario. Louise has lost her leadership skills in handling the situation after sensing of what her team is likely to be thinking and feeling in the situation. 2. How does Louise's personality (according to her MBTI score) play a role in this scenario?
However, many employees chose to left the firm despite the retention bonus which points towards lack of attention to hygiene factors. The financial crisis and the looming possibility of inevitably losing their jobs may have caused dissatisfaction among those employees. In addition, by analysing the behaviour of AIG employees after receiving the retention bonus many of their needs can be conceptualized in the context of the need hierarchy. Many of the employees feared strong response from the public if
The learning curve will present challenges in that, employees will maintain the need to refer to the old system to proceed with business as usual. Possible struggles presented by the learning-curve are expected from several employees. Some will adjust more than others, but the main challenge is in the adaptation or orientation phase. Technologically, since the system is equipped with back up software, it should eventually eliminate the need for hard copy records and files. This will save time in the long run, which should encourage most employees despite their initial frustration with the management system change.
1. What were the key factors leading to the unethical business practices at Procomp? -Factor one: high stock bonus incentive (Pressure from the company) - There were high motivation or pressure from the board of directors to the employees by introducing stock bonus plan as the incentive scheme in the company. This practice will likely to cause the unethical practices due to high pressure from the employment and the opportunity for the employees’ personal gain such as high stock bonus incentive. - Factor two: lack of independence in Procomp’s board.- many of board members had arm length relationship with Yeh, including her family and close friends.
The demographic makeup of leaders differs from organization to organization which reflects in policies and procedures differing and resulting in no concrete principles for all organizations to follow (Hellriegel & Slocum, 2011). If no organizational policies and procedures were in place, the organization would be susceptible to major problems which could undermine their profits or bottom line. By having these organizational policies and procedures in place, employees are aware of the significant consequences that can result if unethical activity occurs, which can include or lead up to termination of employment. Also, these policies and procedures lay the groundwork for defense against frivolous lawsuits set off by employees who have acted
To prevent this, one needs to create good budget plans for the company and manage his money wisely. Also, responsibilities can turn into pressure when owning a business. If there is an issue, it falls in one’s lap and there is no one to blame but himself. Sometimes, if there are unfinished business tasks, it will be one’s job to complete even if the business day is over. Both benefits and risks can be mirrors of each other and they can be switched to the other side from one’s control and decision, which is why one has to be careful in every choice that he makes (Scott
Ethics Paper MGT498 Ethics Paper One of the biggest things that big named organizations sometimes tend to forget is that when difficult decisions must be made, they affect everyone within that organization. Whether it be budget cuts leading to loss of hours or layoffs, lower stocks percentages for the shareholders or it can even change things positively, and require more production of hiring. Either way, when issues come up and things change, it is important to keep everyone involved well informed and made in the best interest of those directly affected. In the business world, corporations have a responsibility to the employees as well as the stakeholders to be ethical in their decision making by staying true to their beliefs and behavior to society. When unethical decisions are made, everyone involved in the corporation and its well being are affected in a negative way and will jeopardize the well being of the business.
This has a negative impact on the individual and on the company. If an employee is being discriminated against, he develops a negative attitude towards the company and the managers. It is even very likely for the employee to start being less productive and to develop a low self esteem meaning that he cuts himself of from any possible contributions he could have made. I handed out some questionnaires to a sample of employees to gain some insight on how they feel and to see what type of discrimination might be common in my workplace. I spent the time and effort on this topic to be able to put myself in the employee’s shoes, to feel what they feel and to see what they see and hopefully I can gain some understanding and