Research at least one company and describe the strategic management process that the company uses. Format your paper according to APA standards. MGT 498 Week 1 DQs 1 ,2 ,3 Included MGT 498 Week 2 Individual Assignment Ethics Paper Write a 700- to 900-word paper in which you do the following: Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and what types of preventative measures could be taken to avoid this type of situation. Format your paper according to APA standards.
Maurice Brown 11/18/13 Assignment 7: Business Planning (20.0 points) In Section 7, you learned about forming a company purpose, making a business plan, and doing a SWOT analysis. Now, you'll apply what you learned to analyze real companies and develop your own business idea. 1. Visit the Web site for a well-known company, and find the section that states its mission. Then answer the following questions about it.
It is best to provide explanation to employees regardless of the situation. The information provided above regarding the possible situations provided in each email gives a starting point for Cost Club to further research what would be the best route to take to ensure the company is protected. References Bennett-Alexander, D., & Hartman, L. (2007). Employment law for business (5th). New York, NY: McGraw-Hill Irwin.
This code shall cover all aspects of corporate behavior, from discrimination, sexual harassment, conflict of interest, et cetera. The designated ethics officer will be responsible for foreseeing any potential noncompliance and putting into place applicable and reasonable consequences for doing such. B. Training Program Training should be provided, if not made mandatory, to all employees and subcontractors on an annual basis by a designated compliance officer. Once a code of ethics is established, everyone should be made aware of and bound by it.
Running Head: Phase 1 Individual Project Leadership and Ethical Decision-Making Phase 1 Theories of Ethics (Individual Project) INTD670-1303B-05 Theresa Birchfield August 26, 2013 Who are the stakeholders in this situation? The stakeholders in this situation I believe are the companies of Uwear and Peninsula Hotels or Joe Smith and Bill Bateman. Each company may be influenced by the overall conclusion in the situation because Uwear is attempting to keep the business with Peninsula Hotels by making the best bid to Peninsula Hotels. However, Threads4U is also making the attempt to take the advantage Peninsula Hotels business as a customer with a counter offer that will be lower than what Uwear originally contracted for uniforms for Peninsula Hotels last year. If the representative for Uwear submits an offer lower than last year and lower than the competition of Threads4U the company of Uwear will then lose a reliable customer and may eventually suffer from the loss of the financial gain that Peninsula Hotels has been supplying for the company.
All six elements are present in the above case, therefore, the company should be held accountable for paying the tuition. I have learned through this critical analysis paper the importance of understanding the basic concepts of an oral contract, in order to understand the essentials of business law. I will be able to use what I have learned in this course to show the essentials of business law process within a company. I have realized the importance of knowing what is required in an oral contract and now recognize the legal enforcement elements of every contract. This paper has shown me that corporations and individuals can use these elements to legally enforce the oral contracts that are made on a daily basis.
To implement the new policies and procedures, call a meeting with all employees to inform and introduce the new Livewire Electrical Systems Policies and Procedures Manual. Employers should provide employees with written documentation of the policies and procedure that has been established for the company. "Having a set of written policies enhances employee understanding of company rules and expectations, and encourages communications between employees and supervisors and among workers in general (Ferry, 2006)." The manual will be issued to each employee. Each employee will sign stating that they have received and understand the policies and procedure that have been set before them.
Everyone one from their employees all the way up to upper management and partners must adhere to the code of ethics put into place at the corporation. Microsoft recognizes that they face intense competition and will continue to face harsh competition across the markets of products and services, but yet they refuse to bend any rules in order to make it to the top. Microsoft also has a code of standards for their finance division that is separate but in addition to their ethical standards. The finance code of ethics demands the executives and the employees to act in a responsible manner and to avoid conflicts of interest. It also demands the employees to abide by the laws and regulation set forth by the state and federal governments.
This Code of Ethics is supposed to comply with the requirements of Section 406 of Sarbanes-Oakley Act of 2002 and is not meant to replace the Company Code of Ethics updated in 2012. (UAC (b), 2012) Company Code of Ethics 2012 is applied to all employees of the company, officers and directors including its subsidiary (UAC, 2012) and is being reviewed annually for applicable modifications. Latest modification is done in November 2011. Why Ethics? Business ethics has been defined as a behavior that business holds on in its every day dealings with the
Ethics Program Kimberly Blagg EST1 February 23, 2015 WGU Ethics Program Company X has a code of ethics guides with all managerial decisions, creating a common framework upon which our company finds all decision. Company X will contribute to creating a cohesive understanding of the boundaries of the enterprise. Company X will provide a well-communicated code of ethics that will help to protect the company’s reputation and legal standing. Company X has four acceptable standards and procedures. 1) Responsibility-You will be accountable for our duty or task that you are required to do or expected to do.