Current Ethical Issues in Business Essay - 2863 Words

Current Ethical Issue in Business Introduction Ethics and moral obligation are something that we all encounter at one time or another. Even in a professional setting, all persons should act in a manner that would uphold the good of society. Why is it that good, ethical and moral behavior is not always adhered to? Is it because some people do not understand ethics and what it means to be ethical? To be ethical, one has to decide between right and wrong, determine what is for the betterment of society and act accordingly. Ethics have three basic criteria that must be met Ââ€" obligations, moral ideas, and consequences (Ruggiero, 2004). Businesses have their own code of ethics and the individuals within that business have to determine†¦show more content†¦While Mr. Hathaway acknowledges the fact that he took the cars, one has to wonder about his personal ethical beliefs. Did he believe that it was okay to receive gifts for the work that he was supposed to provide and yet supposedly never did? How did the gifts alte r the relationship between the car dealership and the university? Did Mr. Hathaway feel that his personal association with the care company is legitimate and appropriate in his position as the athletic director for the university? One has to wonder about Mr. Hathaways judgment and the reasoning behind his actions. Mr. Hathaways ethical behavior seems to be skewed. If he knew upfront that accepting the cars was against the universities policies and the state law of ethics then why did he do it? When interviewed about his decision, Mr. Hathaway has decided to stay out of the controversy. He did state, however, that he planned to end his side of the agreement with the dealership in the coming weeks, to preserve the universitys relations with Monaco. The car dealership spokesperson denied any wrong doing. Ethical theories. The theories used in this scenario involved the deontological theory. This theory is based on duty. Deontologist base their decisions about what is right on broad, abstract universal principles or values such as honesty, promise keeping, fairness, loyalty, rights, justice, compassion, and respect (Trevino Nelson, 2004). Mr.Show MoreRelatedCurrent Ethical Issue in Business1476 Words   |  6 PagesCurrent Ethical Issue in Business Your Name Here PHL/323 Date Here Instructor’s Name Here Globally, Wal-Mart is the second largest revenue generating company. It is surprising to see so many discriminating issues within the company. Women working for the company are consistently treated unfairly, yet other issues exist. It is as if Wal-Mart has fallen into the negative economic routine. The company is guilty of everyday social discrimination;Read MoreCurrent Ethical Issues in Business Essay1266 Words   |  6 PagesCurrent Ethical Issue in Business Big Ben or Big Brother is an article that discusses a major aspect of todays ethical issues in the business world. This ethical issue has to do with invasion of privacy. Each year, the national members and affiliated organizations of Privacy International present the Big Brother awards to the government and private sector organizations which have done the most to threaten personal privacy in their countries. Big Brother awards are presented to the governmentRead MoreStarbucks Standards of Ethics and Compliance1647 Words   |  7 Pagescomes to their financial environment. Upholding ethical standards within a business is important if a business wants to become successful and maintains their credibility, Starbucks does not just operate on one ethical standard but eight different ones. They are all different sources that are used for different reason within the company. Starbucks has two specific organization standards they go by that deal with their financial portion of the business. Transportation, manufacturing, and supplies areRead MoreEthical Issue And The Ethical Dilemma882 Words   |  4 Pages In this week’s assignment, we have been asked to identify an ethical issue presented in the Devise Products Unlimited (DPU) case study. First we will discuss the issue and the ethical dilemma it creates. Next we will look at possible recommendations for the DPU CEO to handle this issue. The Ethical Issue First, let’s start by looking at what the ethical issue that DPU is facing. The issue that I have chosen to focus on is issue two from the case study: DPU outsources some of the manufacturingRead MoreEssay on Case17 Businesss Hire818 Words   |  4 PagesCase 17: Should Business Hire Illegal Immigrants? pp. 833-836 (textbook) 1. What are the ethical issues in this case? Just by entering the country illegal aliens are committing an unethical act; Breaking the laws of our Country. Two the employers who are hiring them are unethical and amoral. Knowingly violating the laws and operating at their best interests instead of the social norms. Come-on how hard is it to ask for a proof of citizenship? Around the world, governments have historicallyRead MoreThe Ethics Of The Business Brand1367 Words   |  6 Pagestopic for many years. Every business must encounter situations where they are required to find solutions to fix a problem. There must be standards set by a business and these standards are expected to be a symbol of representation from leadership straight to its employees. In marketing, problems will arise. It is up to the individuals or parties involved to decide how they will act or react when the problem faces them or the business. An individual with strong ethical background will sense when somethingRead MoreEthical Issues in Relations Between Business and Customers.1562 Words   |  7 PagesEssay Ethical issues in relations between business and customers. Suleimenova Nazira. Management 11.852 Ethical issues in relations between business and customers. Nowadays, people the most part of their life spend at the work. At work, person has a contact with other employees, meets the requirements of management or personally gave orders to his subordinates. But also, the organization (enterprise, firm) in which employees work, constantly interacts with other organizations, the stateRead MoreOrganizational Ethics934 Words   |  4 PagesIdentify typical ethical problems of managers. †¢ Recognize differences in ethical behavior and responsibility between an employee and a manager. Course Assignments 4. Readings †¢ Read Ch. 6 7 of Managing Business Ethics. †¢ Read this week’s Electronic Reserve Readings. 5. Learning Team Instructions †¢ Begin preparing for the Ethics in the Workplace Case Study Action Plan Presentation due in Week Five by reading one of the following case studies from Managing Business Ethics as assignedRead MoreImplementing an Applied Ethics Course at The University of Tampa1506 Words   |  6 Pagesall disciplines, which raises such questions as, is there a need for an ethics course? Do students know enough about ethics for ethical thinking and action? Ethics encompasses a set of principles, philosophy, or theory relating to principles. Knowing how to best resolve difficult ethical dilemmas is never easy especially when any choice violates the societal and ethical standards we have been taught to govern our lives. Ethics is important and goes beyond common sense. However, if ethics wereRead MoreMarketing Analysis Of Jayne s Sandwich Shop1096 Words   |  5 PagesShop has been a very successful mobile sandwich trailer for the past five years. The business produces quality and tasty sandwiches with a devoted clientele made up of employees and shoppers. Jayne success has forced her to add several bicycle-towed concessions to the work force, and strategically placed in locations around the city to meet the demands of her customers. Targeting the urban worker, Jayne’s business core hours are 10:00 AM to 2:00 PM, Monday through Friday and uses Facebook to promote

The Islamic State Of Iraq And Syria - 1195 Words

The events which transpired on January 7th and 9th in Paris were merely an act by terrorist vermin. Unlike people like us, these radicals are disaffected renegades who crave things they never had. The root of all evil, terrorists seek to destroy the lives of innocent people by any means necessary. They infringe on our God given rights. The horrific brutality inflicted by these extremists instills fear among people. These cowards seek to destroy the beauty of freedom. A recent emergence of an international threat has brought up the attention of the United States, and their name is ISIS. ISIS, or The Islamic State of Iraq and Syria (ISIS) or Levant (ISIL), is a radical group situated in parts of Syria and Iraq. ISIS intends to create a†¦show more content†¦ISIS threatens the rights and more importantly, the lives of citizens. Freedom of expression is one of the most fundamental rights an individual can enjoy. It is fundamental to the existence of democracy and the respect of human dignity. In America we have the freedom of religion, speech, press, assembly, and petition built into our founding documents. Many European nations also have these fundamentals, but have greater restrictions and enforcements. It is also one of the most dangerous rights, because freedom of expression means the freedom to express one s discontent with the status quo and the desire to change it. As such, it is one of the most threatened rights, with governments, activists, radicals, and terrorists all over the world constantly trying to curtail it. This is the root of radical Islam. The conflict with radical Islam is persistent in European nations, especially in France. The Muslim population in France is the largest among European countries, with a total of 5 million. In fact, many immigrants are told â€Å"not to conform to western, liberal lifestyles - including traditions of religious tolerance and free speech† (Wyatt). These radicals see the attacks as a right to kill those who offend their religion. It is so persistent those living in the area can see â€Å"the battle within Islam itself between Sunni and Shia, so evident in the

Dna Barcoding Using Coi For Species Identification For...

DNA Barcoding using COI for Species Identification for Conservation Introduction and Literature Review The DNA Barcoding is becoming more popular in the present times due to its accuracy in the identification of different species. It has been approved to be more accurate than other taxonomic methods. The DNA Barcoding employs in the use of Polymerase Chain Reaction to magnify the COI gene. The amplified COI genes of the organisms are sequenced and compared with a known database of the organisms. The DNA Barcoding aids in understanding many characteristics of the species. These characteristics of the species include; trophic interactions, species boundaries, conservation of the biodiversity and functional feature of evolution (Kress et al. 1). Biologists use DNA Barcodes to single out an unknown species by matching a particular genetic marker to a reference genetic database. DNA Barcode can be one or short sequences of the genes taken from the standardized genome (Nagy et al. 2). This paper discusses the use of DNA Barcoding to determine the prohibited parrot trade. The prohibited wildlife trade can affect the existence of a species in a habitat by introducing other species that interfere with the living of the species in that habitat. In most cases, the illegal wildlife trade leads to extinction of particular species in the ecosystem. The molecular markers are fundamental in forensic sample analyses because of their success in analyzing samples that cannot beShow MoreRelatedThe Challenges Of Amphibians867 Words   |  4 Pagesalmost 20.41% species (among the total of 49 species) in Bangladesh has been recognized as threatened (IUCN, 2015), yet an enormous unrecognized diversity is calling for a taxonomic exploration. But there are several challenges for amphibian taxonomists as they have remarkable cryptic diversity phenotypic plasticity as well as many frogs are morphologically similar but can be distinguished by genetic divergences. DNA barcoding could be a quick means to obtain species identification precisely. The

Strategy Planning and Implementation Research

Question: Disscuss about the Strategy Planning and Implementation Research. Answer: Introduction In the modern day business, competition among different organizations has become more intense than ever. Every business fights for the top position and aspires to leave the competitors way behind them. The series of actions and reactions which an organization follows in order to achieve its goals is known as corporate strategy. These actions are highly correlated and can be very complex in nature. The main aim of corporate strategy developed by any organization is to make the most of the opportunities available to them and minimize the threats in order to magnify their chance of successful goal attainment. The complete collection of these steps and decisions to act, react, or not to take any steps at all, form an integral part of corporate strategy (Mintzberg, 2015). This report discusses two major types of strategies known as Planned Strategy and Emergent Strategy. Mintzberg and Waters (1985) divided organizational strategies into two major categories i.e. Analytical/Planned and Emergent. There are certain strategies that possess the features of both analytical and emergent strategies, giving rise to another kind of corporate strategy which can be called Analytically Emergent strategies. The report focuses on Planned and Emergent strategies, the main differences of these two kinds of strategies, how these strategies are relevant to the working of an organization and finally the advantages of these strategies to different stakeholder of the business. Planned Strategy vs Emergent Strategy Planned strategy consists of an intended series of steps that are considered to be most suitable for attaining decided business goals. These kinds of strategies are normally explained in detail within the action plan of an organization. Planned approach to strategy development mainly recognizes where the firm is now and what course of action is to be followed in order to achieve its predetermined goals. This kind of strategies clearly lays down the role and duties of different individuals in order to reach where the organization wants to go. It also defines the timing of actions and reactions to be carried around (Mintzberg Waters, 1985). Emergent approach towards developing strategy on the other hand, does not involve a great deal of pre planning. Henry Mintzberg was the first person who coined the term emergent that explained the continuous evolvement in the strategy of an organization so that it is capable of keeping up and also overtaking the external factors of the marketplace in order to achieve the set goals. The real life situations tend to be very different from what is anticipated by the strategy planners. As the world is moving really fast, every new day brings an altogether different set of opportunities and threats (Root, 2017). There is a constant need of the organizations action plan to be dynamic and flexible. Emergent strategy focuses on the evolvement of both internal and external factors, whilst adapting to new changes and challenges quickly. Planned Strategy Emergent Strategy 1. A pre-planned course of action is laid out. 1. The strategy is developed with less planning and more focus on everyday changes 2. Static in nature. 2. Dynamic in nature. 3. More focus on internal factors and predictions (Chatterjee, 2009). 3. More focus on everyday changing external environment factors. 4. The role of every individual in the organization is defined in detail. 4. The role of individuals is not pre-determined and the best person to handle the situation is given the charge (Manuwa, 2014). Practical application of Strategies The life of a student works in a similar way to a business organization. There are goals, a mission, a vision and an action plan to achieve the goals. Strategy is not only required on the academic front but is also needed to achieve personal goals. Both Planned Strategy and Emergent strategy have their own perks and flaws, depending on the situation. But personally a mixture of both these approaches to devise strategies which can be termed as Realized Strategy is the best suited type of strategy (Hoskisson, Eden, Lau, 2000). Arealized strategycan be defined as a strategy that one actually ends up following. They are a mixture of a planned strategy that covers a series of actions and decisions to achieve the goal and an emergent strategy that shows what one did in the case of unexpected challenges. While being the leader of a group project my planned strategy was to equally allot different sections of research for everyone in the group (Ligrani, 2014). A course of action was decided and the role of different individuals was defined. Unfortunately, one of our group members fell sick and could not contribute. I instantly had to change the portion of research allotted to everyone in order to cover the sick member. This was the emergent strategy that helped me to get through the unseen challenge (Aarons, 2014). Now during this practical experience, the realized strategy that I developed for the future was working ahead of the deadline. If one plans to achieve the goal, working ahead of time is a must. It make s the strategy flexible and adaptable. Benefits to Stakeholders The stakeholders of any organization are highly interested in the profits. Stakeholders favor the strategy that results in profit maximization. There is no hard and fast rule as to which one of these strategies can fetch a higher profit. In fact the approach to strategy development depends greatly on the nature of the business. If the organizations environment is predictable and stable, planned strategy can be very effective. On the other hand, if the organization is highly sensitive to external environmental factors, then emergent approach to strategy development should be adopted. But again, the best strategy is a mixture of both these approaches (Linton, 2017). Frederick Smith while studying at Yale in 1966 had to develop a business plan for a company as a part of his coursework. In his plan he explained a delivery system that would acquire effectiveness by channelling parcels via a central hub and then transfer them to their final destinations (Enterpreneur India, 2008). After some years, Smith started Federal Express (FedEx), an organization that closely followed the strategy laid out in his plan for a business plan in his classroom. Today, Frederick Smiths personal wealth has exceeded $4 billion, and FedEx ranks eighth among the Worlds Most Admired Companies according toFortunemagazine. The planned approach to strategy, hence helped Smith to create an actual company from a business plan on paper (Donahoe, 2011). Emergent strategies can also lead to huge success. The Southern Bloomer Manufacturing Company was created to make underwear of heavy cotton fabrics to make them suitable for use in prisons and mental hospitals. It was servicing the requirements of around 140 facilities, but unfortunately, this was creating a large volume of scrap fabric. One day, the cofounder Don Sonner visited a gun shop and noticed that the material of patches that was used to clean the inside of the gun barrels was of poor quality. He instantly spotted an opportunity to use his scrap fabric (Bloomberg L.P., 2017). The patches that the gun shop sold to clean the inside of gun barrels were of poor quality. The patches gained popularity quickly were in high demand among the military, police departments, and individual gun enthusiasts. In a short period of time, Southern Bloomer sold millions of pounds of patches every year. Hence, a normal trip to a gun store gave rise to an excellent emergent strategy (Jones Hill, 2014). Conclusion To conclude, I would say that stakeholders can be more inclined towards a planned strategy as it clearly defines the mission and vision of the organization. The stakeholders can be sure of what they are getting themselves into. There is a sense of security in this kind of strategy. But emergent strategy holds great importance when it comes to facing unexpected challenges and threats. Emergent strategy can also be very effective to take advantage of sudden opportunities. Hence a strategy that is a mixture of both these approaches would give best results to the stakeholders. References Aarons, G. (2014, March). Practical Application of Frameworks and Strategies for Evidence-Based Practice Implementation Research. Retrieved from https://cred.pubs.asha.org/article.aspx?articleid=2424186 Bloomberg L.P. (2017). Southern Bloomer Manufacturing Co.Retrieved from https://www.bloomberg.com: https://www.bloomberg.com/profiles/companies/0145047D:US-southern-bloomer-manufacturing-co Chatterjee, N. (2009, May 01). Intended or Emergent what is the ultimate strategy adopted by an organisation? Retrieved from https://niranjanchatterjee.wordpress.com/2009/05/01/intended-or-emergent-%E2%80%93-what-is-the-ultimate-strategy-adopted-by-an-organisation/ Donahoe, J. (2011, March 21). Forbes: Fred Smiths fortune grows to $2.1B. Retrieved from https://www.bizjournals.com/memphis/news/2011/03/10/forbes-fred-smiths-fortune-grows-to.html Enterpreneur India. (2008). Fred Smith.Founder of Federal Express Corp: An Overnight Success. Retrieved from https://www.entrepreneur.com/article/197542 Hoskisson, R., Eden, L., Lau, C. (2000, June). Strategy in Emerging Economies. The Academy of Management Journal, 43(3), 249-267. Retrieved from https://www.rcmewhu.com/upload/file/20150528/20150528111138_3012.pdf Jones, G., Hill, C. (2014). Strategic Management: Theory: An Integrated Approach. Cengage Learning. Retrieved from https://books.google.co.in/books?hl=enlr=id=Qy8aCgAAQBAJoi=fndpg=PP1dq=planned+strategy+vs+emergent+approach+to+strategyots=o8rLZnHXwssig=CyegnEi94WxjqKpjzbNWvs-vNFg#v=onepageq=planned%20strategy%20vs%20emergent%20approach%20to%20strategyf=false Ligrani, K. (2014, March 26). Narrowing the Gap between Intended and Realized UX Strategy. Retrieved from https://www.effectiveui.com/blog/2014/03/26/narrowing-the-gap-between-intended-and-realized-ux-strategy/ Linton, I. (2017). What Are the Benefits of Stakeholder Communication? Retrieved from https://smallbusiness.chron.com/benefits-stakeholder-communication-38875.html Manuwa, A. (2014, June 30). Deliberate vs. Emergent Business Strategy. Retrieved from https://www.linkedin.com/pulse/20140630061420-296333353-deliberate-vs-emergent-business-strategy Mintzberg. (2015). Crafting strategy. HBR. Retrieved from https://partnersinperformance.us/wp-content/uploads/2015/06/Mintzberg_Crafting_Strategy_HBR.pdf Mintzberg, H., Waters, J. (1985). Of Strategies, Deliberate and Emergent. Strategic Management Journal, 6(3), 257-272. Retrieved from https://strategy.sjsu.edu/www.stable/B290/reading/Mintzberg,%20H,%201985,%20Strategic%20Management%20Journal.%206%20pp%20257-272.pdf Root, G. (2017). Advantage Disadvantage of Emergent Strategy. Retrieved from https://smallbusiness.chron.com/advantage-disadvantage-emergent-strategy-10070.html