...International Legal and Ethical Issues In Business Several issues keep emerging in the current business world. Some of these issues are legal while others are ethical. The management of modern organizations must ensure that their human resources have desirable ethical behaviour. This will ensure that their organizations maintain their clientele and in turn increase their profit margins. How would you effectively present the issue of potentially defective products to the CEO, other directors, and managers? A potential defective product can cause injuries if taken lightly regardless of whether the company’s ethical guidelines have been communicated. Such situations can cause significant legal repercussions and destroy the reputation of a company, which can cost the company if proper steps are not followed in correcting it. Normally, the senior management in current organizations fails to know what is happening at the ground level and it is the duty of the employee in charge to give out a report (Edwards, 2008). During such a presentation to the top management, it is important for one to give out sampled evidence to support the allegation in an honest manner. This should be made in comparison to the actual products to bring out the difference. Physical evidence brings out product defects and it will challenge the top management to act fast to avoid legal battles with the consumers (Brooks, 2012). How would you specifically notify customers of such an occurrence? It is an...
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...Course Schedule Course Schedule of Assignments Overview Session | Topic | Assignments | 1 | The Manager as a Systems Thinker | Discussion Activity 1 | 2 | The Manager as a Critical Thinker | Individual Paper 1 | 3 | Legal and Ethical Environment of Business: The Manager as an Ethical Decision Maker | Discussion Activity 2 | 3 | Team Work Plan | Team assignment | 4 | Organization Theory and Design | Discussion Activity 3 | 5 | Organization Theory and Design in the Global Environment | Team Project 1Individual Matching Exercise | 6 | Legal Environment: Courts, Alternative Dispute Resolution, and Agency | Discussion Activity 4 | 7 | Critical Thinking in the Legal Environment: Torts and Products Liability | Individual Paper 2 Discussion Activity 5 | 8 | Legal Environment: Contracts and Forms of Business Organizations | Discussion Activity 6 | 9 | Knowledge Integration | Take-home Final | 10 | Corporate Social Responsibility in a Global and Technological Environment | Team Project 2 | Assignment Details Session | Module/Topics Readings/Assignments | 1 | The Manager as a Systems ThinkerObjective 1: Apply models of critical thinking and systems thinking to address complex organizational issues.Objective 2: Reflect on seminar assignments and relate the skills and knowledge gained to personal and professional goalsCompetency : Systems Thinking | Read the following articles which you can find and download from the UMUC library...
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...Ethical and Legal Responsibility of an Organization Chadwick Slaughter Walden University The issue of public policy has changed dramatically over the years and the privacy of consumers has received considerable attention. The evolution of the Internet has produced a number of diverse concerns regarding the issue of confronting consumer protection for both international and domestic consumer privacy. High profile organizations are exposed to many breaches of personal information and puts these particular organizations are at risk of reputational damage and understanding the scope of an organization’s responsibilities for information security professionals is an absolutely essential. IT security professionals play an important roles managing liability for privacy and security risks for an organization in today’s world where hefty reparations can be bestowed to plaintiffs who place lawsuits upon organizations. Damages can range from big to small and can sometimes be retaliatory. Minimizing liability and reduce risks for an organization from physical and electronic threats can be a daunting task for information security specialists. This specialist must thoroughly comprehend the current legal environment, regulations, laws, and stay current with emerging issues regarding the responsibility of securing not only the companies’ vital information, but also consumers and users alike. An organizations responsibility to educate all employees all obligations and the proper use of...
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...Running Head: LEGAL AND ETHICAL ISSUES 1 Legal and Ethical Issues Herzing College Online U7A1: MBA 663-8: Health Insurance and Managed Care LEGAL AND ETHICAL ISSUES Legal and Ethical Issues The current landscape of the healthcare industry changes rapidly with new rules and regulations, placing many healthcare insurance and managed care organizations in jeopardy of litigation because of legal and ethical issues. Controversy surrounds the healthcare industry because of the decisions made by managed care organizations regarding patient treatment and payment to providers. The following examines the legal and ethical issues surrounding the everchanging healthcare insurance and managed care organizations. Managed Care Conflict The problem facing managed care organizations and health insurance is the inherent conflict with their goal of cost containment by reducing service utilization, with the healthcare delivery system that places the patient’s health first (Kongstvedt, 2013). According to Saunier (2011), the definition of managed care is: 2 Processes or techniques used by any entity that delivers, administers and / or assumes risk for health services in order to control or influence the quality, accessibility, utilization, costs and prices, or outcomes of such services provided to a defined population. (Saunier, 2011, p. 22) Saunier (2011) describes the purpose of these organizations that manage care is the control of costs by “implementing aggressive cost containment...
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...Current Moral and Ethical Issues Organizations face a variety of unique issues; a company is defined by how the issues are resolved, not by the issues themselves. A company’s survival will depend upon the constant upkeep of training current employees to be the best fit for the organization while upholding the company’s code of conduct to fit the current times. When a company invests in the people and the environment the return is greater profit and a stronger sense of belonging in the community. Customer and employee loyalty are what can pull any organization through the tough current economic downturn. Current ethical issues faced by West Coast Grape Growers involve environmental concerns involving but not limited to using pesticides that can drain into the water systems, what type of pest control that can be used, and amount of water used to maintain vineyards quality. Other ethical concerns faced involve a communication barrier with non-English workers, hiring legal or illegal workers to increases or decrease profit, and types of contracts to set up with potential customers to sell to public or wineries only. Another ethical and moral concern is the current state of the economy and how much companies will be purchasing grapes when consumers aren’t purchasing at the same rate as before. Many solutions are available for each of the ethical issues faced by the company. First the company needs to decide how they want their organization to be publicly viewed. When determining...
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...Ethical Organizational Johnny Fuller, Chris Palmer, and Randal Cunning MGT/216 February 15, 2008 Paul Malard Introduction The organization ethics program examined is Taste Wine and Coffee Bar. Moral and ethical issues faced by establishments that serve alcoholic beverages can become extensive. Bars and restaurants have the ethical and moral obligation of serving adults of a certain age depending on the state’s legal drinking age. This is not only a moral responsibility, it is a legal obligation. Other legal and moral obligations include limiting patrons when their level of inebriation may become a hazard to themselves or others. When customers are obviously too drunk, employees must “cut-off” the clients for their own safety and the safety of others. The relationship between ethics, morality, and social issues in the legal environment will be explored. One ethical and social issue is the communities need for respect and order. Communities oppose establishments that stay open very late in residential areas with disorderly patrons. Loud and disorderly customers create unethical and moral dilemmas. Taste will be a fixture in the community that gives back when applicable. Social events for families and neighborhoods as well as community programs may be in conjunction with other businesses a part from the wine bar itself. Taste will require ethics training, monitoring, and enforcement. Employees will attend a class or provided with information on ethical work practices...
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...Project At the top of discussion in various arenas such as schools, work, church, and casual fellowship; is how ethical principles are being used to address organizational issues. Ethical principles can be applied in numerous ways that will establish a strong organizational structure that employees on all levels of hierarchy will appreciate and value. This paper will discuss the short film, “Greyston Bakery” and focus on why are the issues in the film important. As well as what role do external social pressures have in influencing organizational ethics? Wrapping up the paper, a look at how these issues are relevant to organizational and personal decisions along with the relationship between legal and ethical issues as shown in film (UOP, 2013). Film: Greyston Bakery The Greyston Bakery located in Yonkers New York is known for their gourmet sweets that populate restaurants to the White House but this organization started a social experiment over two decades ago (CBS News, 2010). Julius Walls Jr., President and CEO of Greyston Bakery, states “there is more substance to the organization besides the famous brownie recipe” (Liberty Mutual, 2010). The organization conducts business with the use of a balance between a double bottom-line model. The use of this model allows Greyston Bakery profits to support Greyston Foundation, an organization with ethical principles that supports a mission of social enterprise while making a profit (Liberty Mutual, 2010). The bakery...
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...A company has responsibilities to the shareholders, but some companies also think they have a responsibility to be ethical. The organization’s culture is important to how that organization fits in society and it is vital it operates by some ethical principles. The responsibility project video that I will be discussing will be on Greyston Bakery. Greyston Bakery was founded in 1982 and provides local products that can sustain the community. The bakery is also a benefit corporation. “A Benefit Corporation is a new class of business; a legal entity that is required by law to create a general benefit for society as well as for its shareholders” (http://greyston.com/). First I will go over the important issues discussed in the video, the external social pressures and how they are relevant to personal and organizational decisions. Also the relationship between legal and ethical issues talked about in the film. The Greyston Bakery is showing how an organization can be more than a profit driven company, by addressing some important issues. The bakery first takes on the issue of unemployment by having an open hiring process. This policy gives citizens in the local community an opportunity to get employment they might not get at other businesses. The unemployment by people with no skills, drug problems, and criminal background is a drain on society, so hiring them reduces the burden on society. The Greyston Bakery also addresses the issues of housing, healthcare, and childcare by offering...
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...Addressing International Legal and Ethical Issues LAW/421 Contemporary Business Law Addressing International Legal and Ethical Issues With the increasing globalization of business, organizations are finding themselves in an global environment full of legal and ethical challenges. In some international environments, the very legitimacy of a company doing business in a specific country can be a challenge. International transactions and dispute resolution require both an understanding of the law and sensitivity to foreign culture, formal and information power structures and decision-making approaches. This paper will ethical and legal issues involved in resolving legal disputes in international transactions. From an ethical point of view, an organization seeking to expand globally should first consider whether they should conduct business in countries after researching the specific country’s sociopolitical environment. Corrupt public officials, participating in racial or gender discrimination, polluting the environment or violate the human rights of their citizens through slave or child labor or inhuman working conditions (Trevino & Nelson, 2011) is considered corporate culture in some countries. For example, Foxconn is a multinational electronics contractor for major American, European, and Japanese electronic companies who has been involved in several controversies relating to how it manages employees in China. It is claimed that Foxconn uses underage workers and...
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...University Faculty of Economics and Business I. Introduction I. Background Ethics Behavior and Social Responsibility Ethical behavior is that which is morally accepted as “good” and “right”. And opposed to “bad” and “wrong”. Social responsibility is a moral principle of an entity, be it an organization or individual, to act towards betterment of society at large. It is a duty that every firm and individual should perform so as to maintain the balance between the environment and economy. Their actions should lead towards sustainable development so as to safeguard the interests of the coming generations and at the same time fulfilling the needs of present population. The responsibility can be active, by performing activities that directly advance social goals, or passive, by avoiding any engagement in socially harmful act. Organizations can manage ethics in their workplaces by establishing an ethics management program. Brian Schrag, Executive Secretary of the Association for Practical and Professional Ethics, clarifies. “Typically, ethics programs convey corporate values, often using codes and policies to guide decisions and behavior, and can include extensive training and evaluating, depending on the organization. They provide guidance in ethical dilemmas.” We need to give emphasis to a key word underlying activity in the ethical behavior and social responsibility in workplace: honesty. Currently there has been a reduction of the employee...
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...Ethical and Moral Issues in Business University of Phoenix Organizational Ethics and Social Responsibility MGT/216 Ethical and Moral Issues in Business Organizations promoting ethical operations while allowing employees to retain their moral compass will proactively solve issues and maintain successful operations even in times of turmoil. Individual or company values motivate effort and influence performance. Employee motivation directly relates to the encouragement a company exhibits while enforcing an ethical code of conduct to benefit and protect both the employee and the business. This essay comprises of the difference between moral and ethical issues pertaining to personal and business principles, as well as identifying common ethical problems that can impede organizational success. Morals can be referred to as an individual’s values and beliefs guiding one’s conscience to distinguish between right and wrong. Morals reflect a personal relationship with the individual influenced by family, friends, life experience, and etcetera. Change is difficult without a transformation in an individual’s personal belief system. Morality is based on “conforming to wide social beliefs” unspoken but “understood by most members of a society, including those who choose to act against the common morality” (Taylor, 2011, para. 4). Moral issues focus on social customs and opinions influenced by an individual’s belief system. An example is the moral objection to adult online...
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...makes a strategic decision it is important to evaluate the impact of the ethical consequences toward the company and the stakeholders. Often a company will make a strategic plan based on profit; however, social responsibility looks outside of profits and determines the effects on all stakeholders including customers, environment, and society. In addition, the strategic decision should also be based on the code of ethics set forth by the organization. Furthermore, when determining the development of a strategic plan, the organization may either use the views of Milton Friedman or Archie Carroll (Wheelen, 2010). Two Views of Social Responsibility Milton Friedman and Archie Carroll have two opposing opinions of social responsibility. Both opinions evaluate the effect a company invests in the environment or society to the effect of the shareholders dividends and investments. Milton Freidman suggests that the main view of the organization is to make money for the organization’s shareholders. Freidman views by investing in trivial projects that helps the environment and society, the company is taking away money owed to its shareholders. In addition, Freidman argues by not investing in society responsibility, the company can keep the prices on its products and services to a minimum which will result in more business transactions. Archie Carroll’s view is the opposite. Carroll suggests when an organization invests in society responsibility it will build a positive reputation...
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...wrong. There has been a lot of attention focused on ethics and integrity in business these days. Every organization is driving and pushing for changes in these areas. Any thoughts of quick-fixes for ethical behavior in businesses can be scary, but good ethical behavior for any business is fundamental to its success. For entrepreneurs, ethical conduct is usually missed or ignored. Many business experts regard ethics as something to preach, but not acted on and, therefore, make it even more unethical. According to Suttle and Demand Media, Organizational ethics is the principals and standards by which businesses operate (n.d.). They are best demonstrated through acts of fairness, compassion, integrity, honor and responsibility. The key for business owners and executives is ensuring that all employees understand these ethics. One of the best ways to communicate organizational ethics is by training employees to company standards. With these thoughts in mind, we need to address organizational ethics with awareness and support for all involved within the organization. External social pressures influencing organizational ethics External social pressures have driven most companies in business to be aware of the expectations on them to act in a manner that is ethically correct. They have to show awareness in areas of being involved in the community and areas of handling the environment. Walmart's social pressures involve the loyalties of consumers. The top business performance, prospects...
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...regarding potentially controversial issues are part of organizational ethics. These ethics are often guided by the law; most business uses ethics in order to be accepted by the public or to have a successful business. Ethical principles can address organizational issues which help the organization to follow good practices within their organization or company. I am part of the Parkland Health & Hospital System organization, and this organization is committed to providing the best possible care to our patients as well as the community we serve. Therefore it is critical to our staff that we provide patient centered patient valued care that is ethical when caring for our patients. The care of our patients along with our business operation it is an important part of how we are looked upon. The main goals of our organization is to adopt a culture of integrity, and accountability with ethical behavior, in order to establish internal controls that will abide by the laws and regulations which will maintain ethical practice within our hospital. Within the healthcare field and especially public health (county hospital) external social pressures has a big influence on the ethics within this organization. As part of public healthcare this organization has to follow strict ethical practices because we are constantly under public scrutiny from external was well as social pressure which has a high influences on the patients that we serve. In this day and time with the vast amount of people using...
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...their individual employees, but all shareholders within the global environment. Corporate Social Responsibility is analogous to Corporate Citizenship, which is defined as “The extent to which businesses are socially responsible for meeting legal, ethical and economic responsibilities place on them by shareholders.” Investopedia explains, “The aim is for businesses to create higher standards of living and quality of life in the communities in which they operate, while still preserving profitability for stakeholders.” (Investopedia, 2014) In today’s market, there are numerous applications of individual acts that define a Corporate Citizen and reflect positively and negatively on how a corporation is perceived. A corporation’s Social Responsibility level can be beneficial or detrimental to the sustained profitability and growth of the corporation. When corporations fail to acknowledge their own need for social responsibility, profitability and growth suffer. Implementation of socially responsible business practices and strategies show that a corporation is focused on helping and improving society and the environment. This social responsibility serves to increase profits and good will of shareholders in the long run. Corporate Social Responsibility (CSR) should be focused on four primary categories: • Environmental Impact • Ethical Leadership and Business Practices • Organizational Viability • Legal and Regulatory Compliance Environmental Impact For nearly...
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