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
For Pharma to survive and become viable it was obvious that some decisions had to be made, but was the sale of the assets in the best interest of the corporation, or was it in the best interest of Adams and Barker? One can only conclude that the directors violated all their duties of financial interests, care and rational belief and were not acting with best information and, thus, cannot be shielded by the business judgment rule. 7. What type of lawsuit, derivative or direct, would be filed by Cornelius
CalPERS vs. JC Penney Overview CalPERS investment program began on February 22, 2000 when they included JC Penney on their annual Focus List. CalPERS further exclaimed that due to declining sales and a deteriorating customer base they had lost confidence in Penney’s management. Subsequent to the release of their focus list JC Penney made numerous strategic decisions to revitalize and boost the value of the company. Penney forced their current CEO James Oesterreicher to retire. Next instead of promoting from within, they searched for new blood and hired former Barney’s CEO Allen Questrom.
Break Breaker Inc. to some extent obey with some legal rules, but failed to comply with principles of morality and community, contribute to the society by producing honest high quality services, and account the consequence of damaging their reputation. I think that Solomon’s argument is fairly accurate, but everyone’s views are different on this. Some actions may be acceptable to some but unacceptable to others. Ethics provides the bigger picture in the business life and it must be understood. In my opinion, nothing is more dangerous to a business than a bad public image caused by being unethical.
English 102, 10:00 a.m. 5 December 2010 Midwest Meltdown Dear Mr. President, we are writing you today with great concern regarding the situation in the Midwest region of the United States. As the up 2012 presidential election quickly approaches we would recommend that your focus be directed to the Detroit, Michigan; Flint, Michigan and Youngstown, Ohio regions. Ohio and Michigan have lost anywhere from fifty –to-sixty percent of their population due to the reduction of available work, resulting in an influx of blight. Mr. President, there is much for you to gain by addressing the blight and lack of employment in the “Rust Belt” cities. Please address your attention to combating this through land banks, urban farmland, urban forest and
General Motor's decision to close 11 factories allowed the corporation to gain more money but put thousands out of work, devastating the workers and the towns they lived in. The corporations should think of how their decisions affect people. Although this move may provide Americans with cheaper jobs, it has added thousands more to the already high unemployment. After watching the movie "Roger and Me," directed by Michael More, one would notice the changes in the town of Flint after the closing of the factory. While senior management is getting raises and expanding their corporation, people are living in misery because of the lay-offs; this could change if the corporations gave those unemployed some compensation.
Discussion Board 1 Liberty University Legal Issues In Business BUSI-561 Professor Kathleen Tailer September 14, 2014 Discussion Board #1 Benji Watson’s ethical dilemma is unfortunately not uncommon in society today. Many of the values that were the cornerstone of doing business during our forefather’s time are now considered optional if staying true to said values threaten the profit margin. Benji has to ask himself a couple of questions before he makes his decision. The first question being, “ Can I work for a company that does not share my core values and beliefs?” The next question is a little more difficult to honestly answer when faced with the prospect of a good salary and benefits package fresh out of college, “ Can I remain
Wal-Mart’s main defense is all the jobs it creates for American citizens. While Wal-Mart does create many jobs it destroys more than it creates. According to the book, How corporation’s hurt us all, By crushing local businesses, this giant eliminates three decent jobs for every two low-paid Wal-Mart jobs it creates (Dan Butts 167). So basically every time a Wal-Mart comes to a small town, a lot of the employees have to join the superstore and work for less or lose their job all together. Another reason people like to defend Wal-Mart is because they have better prices than most everyone else which is easier on peoples wallets.
Then I got angry at the government (state and federal), and our Governor in this great state of Michigan. The many new homeless are people just like you and me. This is due to the downturn in the economy nationwide and especially with the auto industry here in Michigan. The parents of these children have lost everything except their children. This is one of the main reasons that we don’t know a true number of the “homeless children” in this state.
Would you want them <br>working for you? Plus, the financial impact on business is severely staggering <br>because of drug using employees (Psychemedics, 1). <br> According to federal experts, ten to twenty-three percent of Americans <br>have used or currently using dangerous drugs while on the job, and forty-four <br>percent of drug users even admit to selling drugs on the job. Drug abusers cost an <br>employer on average $7,000 to $10,000 per employee annually (Jussim, 14) <br>(Psychemedics,1). Today, millions of workplaces have begun giving test, hoping <br>to eliminate drugs from the employees and the workplace.