It would be unethical to market our mobile app as something only a "higher quality" of people should use. Instead we should simply focus on marketing the positive technical and ease-of-use values that our app would bring to customers. As with any firm, ethical behavior should be self-evident and steps should always be taken to avoid anything unethical. This will help to ensure the longevity of the firm, as well as the happiness of the stockholders, employees, and consumers alike. 2.
However, it can be argued that the government would do the best for the Country whether they wanted to win votes or not because they do not want to undergo the threat of putting the Country in a downwards spiral. By promoting the policies which will win them votes would jeopardise the UK or possibly even the World through a ripple effect and although it can be argued that the
These companies make a point of following the law to ensure that others cannot take legal action against them. For example, a company may create more waste than necessary, but it will remove of the waste in a legal method rather than dumping it illegally. Accommodating An accommodating stance signifies that a company believes social responsibility is important -- and perhaps as important as making a profit. These companies satisfy all legal requirements and attempt to meet ethical standards. An accommodating company does not
Explain. In a market without environmental regulations, the supply curve for a firm would only take into account the private costs of that firm, not the social costs. Because without environmental regulations firms would not need to worry about costs incurred by third parties, because it would not affect them in any way, which would be cheaper for them. 4. What is command-and-control environmental regulations?
Theory X and Theory Y In response to the two sides of the debate around employee motivation and the best ways to boost productivity, Douglas McGregor argued that managers would tend to pursue the approach which was most in line with their view of their employees. He claimed that managers who viewed their employees as lazy would be more likely to follow an approach based on control, whilst managers who believed the workers could be motivated and wanted to develop themselves would be more likely to attempt to create positive working environments and opportunities for advancement. McGregor referred to these theories as theory X and theory Y. It is important to note that, in contrast to popular opinion, McGregor did not state the theory Y was preferable to theory X, rather he held that both views had merit, and managers should not have too narrow a view of motivation. As such, he believed that scientific management approaches could benefit from focusing on the need to motivate workers, whilst motivational approaches could also benefit from greater managerial control.
I think that an organization should be very open in their decision so employees do not get shocked when they get laid off. After all some companies need to outsource to being able to compete and keep a sustainable competitive advantage towards their competitors. Do you agree with some politicians that we need laws to limit offshore outsourcing? The idea of passing laws to limit offshore outsourcing I think is a good idea as long as they are only applied to government contractors. Other companies need the opportunity to outsource to being able to compete.
There should be consideration for the worker’s culture too. 2. An MNC would be unsuccessful in an effort to insulate themselves from negative perception through the use of a third party contractor. Even though it would not be the MNCs direct operations and policy that abuses their employees, the public perception is that the business endeavor enables and funds this advantageous behavior. The only real way to insulate from these sorts of attacks would be to control the perception of activities.
This principle leads to the responsibility that Nike workers should receive a “living wage” by utilitarianism asserting that the action we should produce should be “the greatest good for the greatest number”. To Nike, being an ethical business should be important because if society finds you to be unethical in any way then they may not purchase their product because they do not support Nike’s choices. Along these same lines, one other principle that could be considered in the Nike case would be the principle of justice which involves the fair treatment of each person. In branching off of these two philosophies, the guidelines of the WRC seem most appropriate to me in that they account for the highest “living wage” that
Areas of Consideration: Environment: using TPU will not destroy the environment. Consumers: conduct surveys and provide some test to the buyers in order to know the customer’s perception. Business Ethics: if the company will continue to use PVC it will affect the environment. Companies have their own ethics and cultures, so they are able to differentiate what is right from wrong. Finance: using TPU they will incur higher cost in the production of Mirra Chairs in which it may affect their operations.
Being reactive or proactive is not just a mind-frame, it is also a potential business strategy depending on what the situation calls for. Reactive is when you react to situations affecting your business. For instance, say your competitor lowers the price of their goods. Your natural reaction is to cut down on prices too. This may seem like a viable solution at first, but reacting to situations the same way at all times may not the best solution for your business.