That would be the employee. The well-organized companies effectively manage the agenda’s and prospects of its stakeholders. The stakeholders in this situation are customers and the child laborers who are working in the rug factories. Although Ikea prides itself on maximizing a dollar, I don’t think the were anticipating buying merchandise which had been manufactured by child laborers. Ikea’s customers may disagree with the Image of Ikea coming across as a capitalistic giant that is willing to practice unethical and unscrupulous practices to obtain a competitive edge.
Over time management concepts have evolved into modern techniques that rely more on listening to and understanding the needs of employees as more businesses realize how much more productive employees can be when they have some control in their team or work environment. I do feel that some leadership decisions can and should be made directly by the leader or manager in charge, as there is not always time available or valid reason to ask opinions or suggestions from the entire group. However, there are a lot of leadership decisions that can be better resolved with input from the people that will be directly affected by the decisions. Providing employees some control over their work situation can provide them with more work satisfaction; keeping employees happy in their workplace will
| Customers | Customers can stop buying products displaying the john Lewis logo, word of mouth means that john Lewis can be seriously damaged by customer shifts. They have a huge influence on the aims and objectives of john Lewis. However john Lewis may feel that it has sufficiently strong, brand loyalty to ignore customer input. | Employees | Employee can make john Lewis alter their aims and objectives to include staff needs and wants, john Lewis altered their company objectives to include the working conditions of its staff, however a set time when unemployment is high, employers are in a position of greater power as employment is harder to find. | Trade union | Unions mainly focus on the treatment and pay of the employees.
Without customers, there is no business and this will hurt this large company in the long-term. Not only is it right for the company to give more consideration to their employee’s desires but it will also contribute to the bottom line. Their customer will know the value of their company and employees will be more productive in what they do and proud of who they work for. Wal-Mart makes an average of $245 billion in revenues; therefore they have the resources to treat employees fairly. It is important for their corporation to take care of their workers and have a reputation of treating them fairly, which is important to the customers.
People claim the purpose of a corporation is to better the economy,but thats not true. If there come a time when companies need to cut back, they would start from the bottom(workers) to the top. Corporation follow a Utilitarianistic view. Which is the right thing to do even if its done from a bad motive.In the notion of consequences the Utilitarian includes all of the good and bad produced by the act, whether arising after the act has been performed or during its performance. Hormel build a factory in a town where most of the people depend on them to survive economically.
CANADA By Clark MacLean and Ryan Murphy The business world today is becoming more and more dependant on the goods and services of other countries. With the high amount of buying power the developed countries hold it is easy to get products at the lowest price. Canada’s low pricing has created a large amount of demand. The large amount of demand has stimulated the Canadian economy by allowing to people to purchase more goods with the same amount of money. This in turn has caused companies to increases their supply in order to keep up with the demand of the economy.
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.
Human Resources are a major aspect to every business. Management's presentation in human resources will say whether or not a business will be flourishing in the long run by recruiting with the right people for the right positions. A lot of businesses and their managers undergo the pressure to be completely staffed and take on people without actually evaluating their potential for quality effort as well as being a good fit for the atmosphere the managers desire the workplace to have. ACC has experienced employment issues in recent times since they are devoted to maintaining a definite standard of quality when offering a spot to a new member of staff and are reluctant to just settling for the regular. Managers at ACC have to cautiously examine their respective workers and decide if they require the need for extra people and if they do the managers have to estimate the different personalities they manage and what type of personality would fill the open spot effectively.
The inspirations of workers can a large problem for managers in business. To maintain a level of performance in every department including production, this problem can sometimes take away from the inspiration of employee problem. Workers do not only require one type of motivation but various
Labor Relations MGT/431 - Human Resources Management August 25, 2010 Labor Relations The economy of today limits the power of unions within an organization. Priorities of businesses focus on staying in business not the threat of unions. Open communication between businesses, employees, and labor relations is vital to the strategy of any company. This paper will define union and labor relations and the affect on organizations. This paper will also observe the effect of changes in employee relations strategies, policies, and practices on performance.