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.
Perhaps they believe that the employees are contributing to the revenue losses and are stealing merchandise. These are all self destructive in nature and could impact their ability to remain in business and keep good employees. Making the decision to close two stores without adequate justification drastically reduces it footprint in the market place. It appears that either the store supervisor or manager is not engaged with the employees and consumers; do not have sufficient training on company ethics policies to enforce them; or they do not have a fully robust ethics program in place to address to ongoing issues. PART B Company Q can take some immediate steps which I believe would turn a downward trend in to positive results.
Week Two Learning Team Reflection During Week 1, we discussed the basic components of business research. We were shown how to recognize dilemmas and address issues related to corporate America, such as declining sales, increase in costs and any other issues that may have adverse impact on business. With that, business research becomes a problem solving tool in the decision making. However, ethics must first be weighed to ensure the social bottom line and productivity remains at its highest. Unethical behavior undermines positive gains.
Provide examples to support your response. The CFO for a corporation deliberately misstates expenses on the income statement purely out of a sense of loyalty to his CEO and the company. The CFO will receive no financial incentive for this misstatement. In fact, he risks losing his job by doing this. Is this an ethical violation for the CFO?
BSA 310 Entire Course http://www.homework-bank.com/downloads/bsa-310-entire-course/ For Any Information or Any Class Which you Did not find on Our Website , Just Hit US Email On below address Email Address: firstname.lastname@example.org Visit Our Website : http://www.homework-bank.com/ BSA 310 Entire Course BSA 310 Week 1 DQ 1 And 2 A “business system”, as defined by Georgetown University, is “a combination of people and automated applications organized to meet a particular set of business objectives. Describe a business system you use in your work environment. What is the business objective of the business system? A companies “Business Model” serves to (1) articulate the value proposition, (2) identify a market segment, (3) define the structure
BSA 310 Entire Course http://www.homeworkwarehouse.com/downloads/bsa-310-entire-course/ BSA 310 Entire Course BSA 310 Week 1 DQ 1 And 2 A “business system”, as defined by Georgetown University, is “a combination of people and automated applications organized to meet a particular set of business objectives. Describe a business system you use in your work environment. What is the business objective of the business system? A companies “Business Model” serves to (1) articulate the value proposition, (2) identify a market segment, (3) define the structure of the firm’s “value chain”, (4) specify the revenue generation mechanisms, (5) describe the position of the firm within the value network, and (6) to formulate the competitive strategy.
Assignment 1 “The American Red Cross (ARC)” 1. Determine the impact of this even on ARC’s “benefits of business ethics” (employee commitment, investor loyalty, customer satisfaction, and bottom line). “Business ethics relates to rules, standards, and moral principles regarding what is right or wrong in specific situations. Business ethics comprises values, and standards that guide behavior in the world of business.” (Ferrell and Fraedrich 2011 page 7). Creating dependable leaders should always be a part of business education, but it seems over time it has become more of incident by result than by vital content.
Cost Club needs to implement a Business Code of Ethics, which can be reviewed with all employees at various Cost Club locations. By implementing this Code of Ethics, Cost Club will be able to introduce the legal principles of employment as well as the moral issues that tend to arise in employment. These ethical behaviors are pivotal to the overall success of Cost Club. The stakeholders of Cost Club can take guidance from the company Business Code of Conduct. When an ethical situation occurs, the Business Code of Conduct will become an important tool of Cost Club employee in dealing with workplace dilemmas.
Ethical standards are the code of conduct required by the organization for workers to follow. The relationship between organizational culture and ethics is that the organizational culture guides workers when faced with ethical problems. If the organization culture counters what they are required to do ethically, workers may put the organization in jeopardy by not act ethically. When a worker is faced with a decision that others within the organization think as appropriate, though it is unethical, the worker may follow what is acceptable as per the culture. It is the relationship between organizational culture and ethics that can get businesses into significant trouble in the long term.