...as most of my international friends went with business administration. I did not like business because of two reasons. First of all, I was not interested in dealing with numbers, money in particular; secondly, at that time on, if someone asked me to describe the defining characteristic of businesspeople with one word, venality would be the first that came into my mind. In my opinion, I thought that business people do not and should not care about anything other than maximizing profit; otherwise they are not good business people. But now, especially after I encouraged myself to take some business courses at school (Business Ethics in particular), I am embarrassed to have to admit this because I realized that I was totally ignorant and biased to have such negative impressions on all the business people. According to Chimamanda Adichie’s words, I have been “reading a single story”. (Adichie, 2009) I found Adichie’s speech was a mind-blower to me. I have always considered myself to be more considerate and knowledgeable than others who are about my age and have similar amount of experience as I do. Even so, whenever people talk about Africa, poverty and epidemic of certain diseases always come into my mind first. I even tried to rationalize my opinion by searching for data from my limited book selections, which I realized later that I was merely using particular cases to generalize the whole, just as how unfairly I judged all business people. I also realized that I was caught up...
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...Business Ethics Reflection Jean J. Kesner XMGT/216 April 1, 2012 Jeff Harris Business Ethics Reflection We all face ethical dilemmas from time to time in our lives. Making the right decision when faced with these dilemmas is what separates people apart. We all have values and morals that we have been taught or learn from experiences through our lives. Some peoples morals and values are much stricter than others, but nonetheless we all have them. After being hired at my new job three years ago, I was faced with an ethical dilemma that forced me to challenge my own values as well as the company’s values. I had been working for my present employer for about two months. I loved my job, the people I worked with were great, and the company was very supportive of all the employees. I was truly as if I had finally found the place for me. My new boss was awesome; no other words could describe her. She made work fun and also taught me a tremendous amount about banking within those first two months. I will never forget that Friday afternoon when everything would suddenly change. One of my co-workers approached me with a question about loyalty. Would I be loyal to a friend or to my company if I were to have to choose? This was a hard question for me to answer; I wanted to be loyal to both. In this situation there was no way that I could, she explained. My co-worker has suspicions that our boss might be stealing from the bank. This changed things for me. It was no longer a question...
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...Business Ethics Reflection XMGT/216 July 22, 2012 Business Ethics Reflection In my previous position as a business manager, I had different types of responsibility that were given to me by the Company to run their Telecommunication store properly. After working and training myself for a few months, I was able to employ people who would work full time in the customer service section, such as taking payments from clients and answering the phone. Therefore, I was happy to employ some of my friends that I thought were trust worthy able to make ethical decisions. After a few months of working together in a great path, I decided to take two weeks of work and go on vacation. After returning to work it was time to collect the payments from those clients who prefer to pay cash and deposit into the company’s account. I developed a automated spreadsheet for clients who were paying their monthly bill in cash, after reviewing all the income payments, I noticed that they were an larger amount missing of what it was stating on the spreadsheet. I first thought that it was my error in counting the money, but then quickly realized that the money was not there. I confronted my coworkers, and no one knew were the money went. After a little research of the work schedule, and matching the dates where payments were received. I quickly realized that it could only been two employees. I confronted both without a doubt that I would have no chance but release them both. If there is no trust in an employee...
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...Business Ethics Reflection Business Ethics Reflection Before the ethical dilemma can be described, the understanding of values, morals and virtues must be explained. Values provide an internal reference of what is good, bad, beneficial, and important. Morals is relating to principles of right and wrong behavior; conforming to a standard of right behavior (Merriam-Webster, nd). Virtue identifies the duties or actions and the consequences of them (Stanford Encyclopedia, nd). Each of the concepts is interchangeable and unless knowing the parties involved in the ethical dilemma, the thought that either of these principles was neglected would not have been foreseen. A part of business virtues has a sense of pride, self-respect, the ability to harmonize with others in the workplace and establishing a position in the community. The value system is the written and unwritten codes or ethics that govern the decisions and actions within an organization. The business culture sets the standards for good and bad decision-making and behavior. Organizations attempt to hire employees whose values match their own. They try to find employees...
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...Assignment: Business Ethics Reflection Jessica Ybanez-DeLeon XMGT/216 April 3, 2011 Gary Cedrone Business Ethics Reflection Upon thinking back over several ethics dilemma I’ve encountered throughout my employment with the State of Arizona for 18 years, although there are many to choose from, only one comes to mind. My duties and responsibility were to establish and enforce child support cases. In this employment all employee’s were given access to many computer data base such as; social security information, all major credit bureaus, Department of Motor Vehicle(throughout all nation state database), telephone companies including mobile phones, apartment complex to verify tenants, and etc… One of the business ethics that was the most important ethic was the confidentiality, this ethic was not to be broken for there were very serious consequences for not just the business but for the parties related to the information. The dilemma in the business environment description is that I was a Lead Supervisor in my unit, and during my evaluation I’ve come across an issue regarding the confidentiality on a particular employee. The moral personal values that are important to me are as follow; acceptance, diversity, respect, loyalty, and success. But at work my moral ethics are; competence, responsibility, discipline, honesty and trustworthy. When the discovery was made that a female employee used the data base for her own personal purpose, I called her in the office to discuss...
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...an ethical dilemma, and we must solve it as some kind of a practical life examination. My past place of work, a small general contractor's office, was no exception either. In retrospect, I feel that the environment there was especially conducive to circumstances that led to a person facing ethical dilemmas, and demanding resolutions for them. Practically every work day brought an ethical dilemma that could directly affect the company's business future - be it about how to, and how much to, reduce pay checks for sub contractors' for poor quality jobs, or controversial and doubtful spec loans performed by the joint construction company, amongst others. During my employment there, I faced numerous ethical dilemmas, but the most noteworthy among them were the ones dealing with moral concepts, values and virtues. The most striking incident which comes to my mind is when the owner of the joint company was confronted with an ethical dilemma on whether to help the other business owner or not. That person was also involved in the new construction business, and had even completed four homes for sale. But then suddenly, the real estate market slid down, making it difficult for him to either sell his homes or afford paying up for all of them. The situation would be clearer with some background information on this person. He was father to seven young children, and was thus in a very harsh situation. Our joint company's owner was obviously better placed than this person obviously. Our company...
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...While working as the Assistant Director of a Summer Camp (for the sixth consecutive year), there was a child, a 10 year old girl, and her younger two brothers. I noticed this particular 10 year old little girl (Krystal) because she not only had a dynamic smile, but she was very loving and very protective of her two little brothers. The ethical dilemma that soon surfaced was the neglect of her mother. Krystal and her brothers often opened the summer camp with me, meaning they were the first children of the day - at 6:00am in the morning and they consistently closed the camp at 6:00pm Monday through Friday. It was difficult to tell whether or not Krystal and her brothers had breakfast before they came to camp each morning, but it was evident (early on) that feeding her children was not the priority of Krystal’s mom; fore although Krystal’s mom drove a brand new Cadillac Escalade, wore brand new clothes, always had her nails done, and dripped of gold - a ring on each finger, long dangling ear rings (3 piercings each ear lobe) and several layers of gold necklaces, Krystal and her brothers only had a corn dog for their long 12 hour day at camp. Not wanting to embarrass Krystal, her brothers or their mom, I started bringing food for all the campers; in fact, I started a snack list and was able to get many parents to donate snacks and juices weekly - this way every child was fed and no one was the wiser. Never did I image that the neglect would continue and actually get worse. ...
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...My Reflection on Business Ethics Introduction: For the purpose of this paper, I will briefly talk about my experience in class this semester as a business student. The university has started a new academic period to complete a course. It was rough at first but as time when by, things became quiet and I became more involve in class. I had a great experience with class members who were totally engaged in the class and we had a lot of stimulating conversations. While the pace was so fast, a little hard to keep up with the time, I tried my best to stay on track. It has been a great experience with the new eight weeks process. It astonishes me how business ethics is an important part of the business world as ethic play a significant role in our daily lives. We as individuals need to know how to behave as we move around the world. There are so many people from different cultural backgrounds; we also have the responsibilities to learn about different cultures as we move around. Business ethic has prepared me as an individual to know these things. We come from varieties of backgrounds; ethics are viewed at different prospect in various parts of the world. I had a great Professor who has mastered the subject matter to the fullest, he clearly explain the course as we moved on to the end of the semester. My professor understands that student sometimes go through rough times and he willingly understood their problems. The professor is always physically present, so if there...
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...Date: 27th October, 2014 Title: Morrisons breaks pledge on low prices Link: http://www.thesundaytimes.co.uk/sto/business/Retail_and_leisure/article1475669.ece The ethical issue was related to credibility of a company. It was about Morrisons the supermarket increased prices of some products marked with “I’m cheaper” sign after promising to cut prices permanently on over 1000 goods six months ago. The supermarket claimed the rise in prices was only a reflection of “commodity inflation” and still “lower than they would have been” without the “I’m Cheaper”cuts. No doubt by increasing the price of goods, the supermarket could compensate the losses from the inflation in supply costs. This do help to maintain profitability of the supermarket and strengthen the confidence of its investors. Also, even though the prices had been raised, they were still lower than the general prices of these goods. The promise of enduring price cut was kept. It was a win-win situation in the eyes of Morrisons. One of the problems arose in this issue was the reputation of Morrisons towards the customers was deeply affected. Although action of increasing the prices due to inflation was justifiable, Morrisons still broke part of its vow of long-lasting price cut. A credibility gap between Morrisons and customers might have been develop as a result. Moreover, the intention of the supermarket was to maintain its profitability while the issue of the news had leaded to a fall in its share price of 0.46...
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...whole. 7. Explain how you interacted with your team. 8. Explain how you overcame challenges you faced as a team. 9. Discuss what teamwork advice you would give to others who were beginning to work on the simulation. 10. Discuss the relevance of teamwork in the simulation to the context of your professional Task 2 1. Describe the impact the company strategy had on your functional area in the simulation. 2. Reflect on the decisions that were made in the simulation by doing the following: Note: Your reflection may include graphs and other data. 1. Discuss decisions that you would change. 1. Discuss decisions that had a positive impact. 3. Present your strategic outlook for your functional area in the simulation. 1. Recommend future decisions for your functional area in the simulation. 1. Submit the attached “Assignment Designation Form.” 1. Discuss the overall performance of the business compared to competitors using the financial reports from the simulation by doing the following: Note: The financial...
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...Critically discuss the importance of reflection in the practice of management Student ID:20583416 Course: The reflective manager (MD4046) Lecturer: Dr. Elias Hadjielias Fall 2012 Assignment no. 1 Table of Contents Introduction Page 1.1 General Introduction to Reflection 3 1.2 Objectives and Purpose of the essay 3 Main Body 1.3-1.6 Review of Literature 3-4 1.7 Personal opinion of the writer 4 1.8 A practical example of Reflection in a certain case 4 1.9 Recommendations from the writer 5 Conclusion 2.0 Summary pg.3 5 2.1 References ...
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...BC3401 Enterprise Systems Integrative Assignment/Reflection Instruction: Based on what you have gone through in this class, i.e., class presentation, SAP slides, lab exercises, discussion forums, projects, quiz, plus the 6 assigned articles on ES and 2 teaching cases on ES implementation, critically reflect on the things you have learnt about enterprise systems. Try your best to integrate the bits and pieces of the knowledge you have gathered thus far and reorganize them based on the way you see enterprise systems now. Your integrative assignment/reflection should be organized in a systematic manner. The following questions (not exhaustive) are intended to provide some pointers in structuring your thought process. You do not need to consider all these questions. * How are your initial perceptions of ES confirmed or rejected by what you have learnt? * Do you agree that ES offers a substantial competitive edge to organizations? * Do you agree with the common assertion that ES is highly rigid and inflexible, that it imposes substantial constraints on organizations? * What aspects of ES that you deem most powerful or impressive? * What aspects of ES that you find lacking or disappointing? * What do you see as the relationship between business processes and ES? * What do you see as the key challenges in selecting, implementing, and maintaining ES? * What do you believe to be the critical success factors in implementing ES? * What...
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...Table of Contents Internship Reflective Log 1 Executive Summary 2 Introduction 2 Reflections at work place 6 Conclusion 7 Bibliogrpahy 8 Executive Summary This review is mainly involved with the ideal promotion for Leading wholesalers, the retail sequence business. In this review I have mentioned that on what reasons the Leading wholesalers has separated its industry into different sections, how they existing the item in the brain of the customers. I have interviewed the industry and recognize the aspects which are impacting the outcome of the Organization. And after this procedure we choose the suppliers as customers of leading wholesalers. Introduction The Reflective Log helps in evaluating the learning experience that took place during the internship period. It presents critical insights on the entire learning experience and presents clear reflection. It helps in analyzing how far the individual has achieved, progressed, developed new skill, or the internship experience has change the learning style and enhanced skills for future growth and professional development. It is strictly about skill evaluation and critical study of skill improvement achieved through work experience (Bridges, 1999). In this assignment the reflective log is specifically included to help in systematic thinking and gap identification which is essential for career growth by improving positive thinking. In this analysis Gibbs Reflective Cycle may be...
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... identify the main lines of argument and differences in points of view between the commentators and the author. Justify your own point of view regarding the importance of reflection to individual and organisational performance. In his article, “I Don't Have Time to Think!, Versus the Art of Reflective Practice”, Joseph Raelin defined the importance of reflective practice, laid down organizational strategies that encourage reflection, and called for developing the skills of reflection. Two commentators, namely Phillip DiChiara and Philip McArthur, presented contra-arguments as to the standpoint of the author on reflective practices. DiChiara's main argument evolves around the creation of a “safe space” to make reflection viable, whereas McArthur reckons the key barrier to reflection-in-action is not necessarily time but skill. Besides, he disagrees with the author on how to apply certain skills of reflection at the individual or collective levels. Philip DiChiara opines that the concept of reflective practise is essentially unknown to many practitioners. His main argument is that reflective practice can never flourish if the organization or managers do not set the stage and create an environment for reflection. He argues that managers have to facilitate the correct balance between “getting down to business” and nurturing a conducive environment for refection in order to engage their peers. In his belief, this is essentially due to the differences from group to group, within...
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...your ability to integrate skills learnt in this unit of study, i.e. to analyse a real company from the auditor’s perspective. The successful completion of this case study requires extensive research on HVN’s internal and external environments, operations, strategies and an analysis of the 2012 annual report (the 2013 annual report is not expected to be available until late September 2013 and as such students are not expected to use it for their assignment). You are expected to demonstrate ability to synthesise relevant background financial and non-financial information and apply analytical skills to this information to critically evaluate potential significant audit risks in relation to HVN. The second component is an individual reflection report. Each student must make an independent (individual) submission electronically by the due date and time. The objective of the individual...
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