Current Ethical Issue in Business Learning Danielle Christine University of Phoenix Ethics in Management PHL 323 Laila Dabbagh Lambdin February 23, 2009 Current Ethical Issue in Business Learning Identify the ground rules manifested in the situation as well as which ethics theories apply. Circuit City is the nations 2nd largest retailer of consumer electronics, entertainment software and personal computers. On November 3, 2008, Circuit City announced that they would layoff and close 17% of it’s workforce by the end of the year. Due primarily to weakened economic environment and its potential impact on the timing of the overall sales of the companies inventory, cost and expenses. As a result of the companies deteriorating
It will also be a smart practice to assure employees that the changes in technology will not replace the human resources. Next corporate has to make sure that they emphasize in the vision and strategy that they are trying to achieve. Corporate must ensure that all employees comprehend the image of where the firm wants to stand in the future. They should make sure that they explain to the employees why they are implementing this system and how it will affect
Why are ethical behaviour and government regulations important to marketing? Ethical behaviour is used within many businesses to ensure the business provides accurate information to customers as well as other businesses to engage in fair competition. It is important for a business to have ethical behaviour in relation to the marketing side of the business so that goods produced, promoted then sold do not provide misleading information. If identified by consumers, it can have a major impact on all functions of the business as it has the potential to ruin the business’s reputation placing the business at a declining stage of the business’s life cycle. In a similar manner government regulations are also important and must be overviewed by all functions of a
Accurate tracking of all sales and incentives should be a must and should include a statement of any charges so that the customer is not questioning the accuracy of the system or the company’s ethics. The simple perceptions of Information Society ethics: responsibility, liability, and accountability, need to be reviewed to avoid these types of unethical decisions. Kudler Fine Foods needs to review and implement “The Golden Rule.” Train and retrain employees to follow the code of conduct that has been put into place by the company and this will gain the respect, trust, and most of all customer
Personal Values Ethics in business practice is critical to the longevity and livelihood of an organization. Without a true understanding of the ethics and values by which a company abides, one can never be successful within the organization. Kudler Fine Foods (KFF) has a distinct understanding of what is important to their organization and the people who run the organization. In this paper I will discuss my personal thoughts on ethics based on the Williams Institute Ethics Awareness Inventory (EAI) (2006) and relate how my ethics and values align with a managerial position at Kudler Fine Foods. Recently, I had the opportunity to use a tool to test one’s perspective on ethics.
The company manages information and identifies with the current weather season, and the weather season is what the company uses to base what produce will be best for the customers. All produce does not ship well in all weather, so management has chosen only the vest produce for each store based on the location and season of the store. Kroger’s and Save-a-lot Kroger’s has also identified with the disaster of the Haiti earthquake and has donated 200,000 dollars to help, and has also set up a system so the customers can donate while shopping right at the check outline, or online. Kroger’s is committed to helping out those in need during such a disaster. Kroger’s and Save-a-lot Kroger’s also help the Cincinnati food depository by donating food and money to help the families which are in need every day.
Some of the very important factors are: Government stability effects businesses in a great range by competing with businesses to lower their costs, transparency is another important factor where anything the business does is revealed to the government and the government know exactly what they are up to. Economic policy of government on businesses is also a very essential factor that effects businesses for example, government sets up rules and frameworks according to which the businesses compete with one and another, so from time to time government changes these rules which forces the businesses to change the way of their set ups. There are also beneficial political factors that help businesses in various ways, these factors can be defined as apprenticeships and funding of schools and colleges which will enhance the skills of the population that will affect McDonalds in having more skilled workers to work for them which will
It spreads the risk making the cost per person less. It is natural for one company to put all its employees in a group so they can all get insurance at a reduced cost than if they bought insurance as individuals. At 3/05/2012 10:19 PM, ws4whgfb said... Why single out medical care? Food is more essential to life than medical care. Why not exempt the cost of food from taxes if provided by the employer?
ALL WK 1, DQ’s: WK 1, DQ 1: What is a business’s obligation to build an ethical culture and balance its desire for profit with ethical responsibilities to employees, customers, society, and the environment? Ethics is different from one person to the next, so it is imperative that business clearly define the norm for staff members and management. The decisions organizations make influence more than business partners, affiliates, culture, and others. It is important for organizations center of attention on maximizing shareholder revenue. Therefore, maximizing profit without causing destruction to the business culture can be a balancing act for most organizations.
Now that the economy is in a downfall, that money should go towards creating more jobs, infrastructure repair, education spending and health care expansion. instead, this money is going towards a very unsuccessful war and the tax payer is having to pay more money in taxes. The most important problem is the fact that the troops and their families are the most affected by the war. In then ten years we have been involved more than 1,700 troops have been killed and over 13,000 have been wounded. From being deployed for a long time and seeing violence troops are extremely prone to developing PTSD (Post Traumatic Stress Symptom).