...Resolving Ethical Business Challenges Business Ethics Week 1 Everest University Amy Childers Resolving Ethical Business Challenges 1. What are the potential ethical issues faced by Acme Corporation? To me it seems that Frank is bribing Otis in order to with gifts in order to keep him as a buyer for Thermocare. Frank is thinking about himself and the praise and bonuses he is getting and really not focusing on the company and all that could result in the end. I think if other buyers knew this was going on it would probably hurt the company. Gifts should be given to everybody not just one person and in this scenario Otis seems to be the only one getting the personal gifts. That is probably why Frank is doing so well in the company and moving up faster than anyone else. Amber which is his boss is aware of the situation and she is covering up for Frank. Amber did invite everyone to Las Vegas for a Thank you party except Otis and his wife who went to Cancun. Not to mention the Adult Entertainment Club. To me this is acting unethically in the business. Amber’s ethical issues should be questioned as well. 2. What should Acme do if there is a desire to make ethics a part of its core organizational values? I think Acme should make sure to lay out all the rules and communicate them clearly to all of their staff. Also, let them know there will be consequences for those who don’t follow and abide by the rules for any reason. The main thing to let them know is no special...
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...BUS220 Ethical Business Challenge Chapter 5 Zyedego faces legal issues by hiring truck drivers such as if the employee has any infractions while on the job, which would cost the company money, the company would be responsible for that and whatever the insurance that covered the employee or company would not be willing to pay, such as in this instant, when there is a natural disaster, and insurance companies are not able to pay full claims. They also face ethical issues from the families of these or the employees themselves if something were to happen to the employee while on the job, whether the work was being required or not, that insurance companies may not be able to cover anything that happened, which could ultimately put that persons family at a great loss as well. Both of these mentioned issues could potentially have lawsuits against the company as well in worse case scenarios. I believe that Peter should recommend to Gwyn that unless she was able to get Dana to provide the correct documents required for her job, that they would try to hold her position until she could, without pay, or give her the option to go ahead and go to work for a competitor and offer her the severance pay. During a time that the company is not able to provide complete coverage if something were to happen to her on the job, and being that she is pregnant, could cost the company more money, especially if the insurance company required for her to prove her citizenship before being able to pay...
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...1. What are the ethical and legal issues? Kent has design a video game for teenagers that included sex, violence and some forms of nudity. Kent should know this type of video is not suited for teenagers. Brad does not seem to mind marketing this type of game to teenagers as long as his company makes a profit. Kent’s dad should not have encouraged him to continue working on the Lucky project. Although the project would create more jobs it would be at the expense of our teenagers. The game would have legal issues because it involves gambling, which is illegal in some states and definitely illegal for teenagers. There may also be legal issues with selling an American made game to under age children in other countries. 2. What are Kent’s options? Kent can take a moral stand and turn down the new assignment which would probably leave him without a job or demoted. He could also go back to the drawing board and recreate the games according to how Brad would like to sell them. He would still have to consider how the game will affect teenagers in other countries or even on the internet. If he decides to continue working on the project, this would benefit the company’s revenue and bring new jobs for the company. He has to decide what is more important making a profit or taking a moral stand. 3. Discuss the acceptability and commercial use of sex, violence, and gambling in the United States? In the United States sex and violence are a part of most American everyday routine. The videos...
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...1) What are the potential ethical issues faced by Acme Corporation? i. The ethical issue faced by Acme Corporation is that the comapany was facing a decline state in the culture. ii. The ethical issue faced by Acme Corporation was that few mistakes were allowed in the supplies industry because of there competitors. iii. The ethical issue faced by Acme Corporation was not connected to the right buyers. iv. The ethical issue faced by Acme Corporation is not having the knowledge on how to treat their consumers. 2) What should Acme do if there is a desire to make ethics a part of its core organizational values? • Must have means to practice social reponsiblity, while serving customers valuing, their employees and establishing trust with the public. Ethical conduct toward customer builds a strong competitive positon that has been shown to positivey affect business performance and product innovation. Also if generally accepeted that customer satisfaction is one of the most important factors in corporation, then the bussiness would become successful. The corporation must continue to develop and adapt products to keep pace with customers’ changing desires and perferences to develop long term relationships with its customers and stakeholders. 3) Identify the ethical issues of which Frank needs to be aware. • Franks needs to be aware of how to deal with personal moral dilemmas.also able to recognise the relationship between bussiness ethics and personal ethics...
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...Christian Lewis- ECPI Unit 1: Resolving Ethical Business Challenges Sunday December 13, 2015 BUS/222 – Dr. Armando Salas-Amaro 1. What are the potential ethical issues faced by Acme Corporation? One of the most important issues that businesses must face are integrity and trust. Conducting business affairs with as much honesty and treating everyone as fairly as possible. In this situation I believe that Frank the salesperson is enticing Otis the buyer with perks to pick their product so that he could get the contract that Acme Corporation had been trying to get for so long. By Frank offering tickets to games or vacations he was able to get that contract. Sure, that seems enticing and it seems like Frank is building a relationship with Otis. However, if you really look at the big picture, Frank is actually using a tactic to bring Otis closer in to close the contract. Frank is not using the product he is making the decision to make the deal sweeter with extra perks. This is not ethical at all to do business this way. Yes you want to make your clients happy but you can make them happy using your company’s values and your company’s mission. It is not ethical to use gifts to get what you want in business. 2. What should Acme do if there is a desire to make ethics a part of its core organizational values? If Acme wants to make ethics a part of its values then they will definitely have to stop offering gifts just to get contracts. I mean you definitely want to make...
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...Emerging Business Ethics Issues Chapter Objectives • To define ethical issues in the context of organizational ethics • To examine ethical issues as they relate to the basic values of honesty, fairness, and integrity • To delineate abusive and intimidating behavior, lying, conflicts of interest, bribery, corporate intelligence, discrimination, sexual harassment, environmental issues, fraud, insider trading, intellectual property rights, and privacy as business ethics issues • To examine the challenge of determining an ethical issue in business Chapter Outline • Recognizing an Ethical Issue • Ethical Issues and Dilemmas in Business • The Challenge of Determining an Ethical Issue in Business Recognizing an Ethical Issue • An ethical issue is a situation or a problem that requires thought, discussion, or investigation to make a decision • Failure to do so puts corporations at great risk Honesty • Honesty: Truthfulness or trustworthiness • Dishonesty: A lack of integrity, incomplete disclosure, or an unwillingness to tell the truth Fairness and Integrity • Fairness: The quality of being just, equitable, and impartial – Equality – Reciprocity – Optimization • Integrity: One of the most important terms regarding virtue. It means uncompromising adherence to ethical values Ethical Issues and Dilemmas in Business • An ethical issue is a problem or opportunity that requires an individual or group to choose among actions that are evaluated as ethical or unethical...
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...ETHICAL CHALLENGES FOR BUSINESS IN THE NEW MILLENNIUM: CORPORATE SOCIAL RESPONSIBILITY AND MODELS OF MANAGEMENT MORALITY Archie B. Carroll Abstract: As we transition to the 21 s« century, it is useful to think about some of the most impor tant challenges b u s i n e s s and other organizations will face as the new millennium begins. What will constitute "business as usualI" in the business ethics arena as we start andiiiuvc iniu intonew i^eiiiuiyr iviy uvciaii iiiijugiii I3 tiioi wethought is that we will move me the new iry? My overall win aiiu pulsate into the future on our current trajectory and that the new century will not cause cataclysmic changes, at least not immediately. Rather, the problems and challenges we face now we will face then. Undoubtedly, new issues will arise but they will more likely be extensions of the present than discontinuities with the past. A s we transition to the 21*' century, it is useful to think about some of the most important challenges business and other organizations will face as the new millennium begins. As I write this essay, the public seems to be more concerned with the Y2K problem and whether their computers will keep working, their power will stay on, their investments will be secure, there will be food in the pantry, airplanes will still fly, and that life as we know it will continue as usual. Optimistically, by the time this is published we will all look back and conclude that technology is amazing...
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...Business Communication Essentials, 6e (Bovee/Thill) Chapter 1 Understanding Business Communication in Today's Workplace 1) Which of the following is true about the importance of effective communication to your career and to the companies where you will work? A) Communication is important for most jobs, except technical jobs such as engineering or finance. B) The higher you rise in your organization, the more time you spend using the technical skills of your profession, and the less time you spend communicating. C) Good communicators are generally more difficult to find than good accountants, good engineers, or good attorneys. D) Good communication has not been linked to financial advantages for companies. E) Communication is important for most jobs, unless you are an entrepreneur. Answer: C Explanation: C) The world is full of good marketing strategists, good accountants, good engineers, and good attorneys—but it is not full of good communicators. Acquiring good communication skills will provide you with an opportunity to stand out from your competition in the job market. Classification: Conceptual AACSB: Communication Abilities LO: 1 Difficulty: Easy Learning Outcome: Describe best practices in team and interpersonal communication 2) Which of the following is true about the importance of effective communication to your career and to the companies where you will work? A) Communication is important for most jobs, except technical jobs such as engineering...
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...International Business From A Global Perspective – BUSI 321 27 April 2012 Abstract This paper will provide an analyse on the Article “Black Canyon Coffee Business”. The article mainly talks about the evolution of the company and the difficulties they had to face in order to be one of the biggest business chain in Thailand. The paper will focus on how Black Canyon coffee manage to deal with the cultural challenges that faced during their expansion and how their procedure was difference from their competitor. The paper also talks about the ethical consideration that the company had to face during their expansion. Finally, the paper will discuss about the probability of black canyon Coffee in meeting their goals. Black Canyon Coffee Black Canyon Coffee (BCC) is one of the biggest business chains in Thailand. The business started about ten years ago (in 1993) with a single location in Bangkok. The beginning was difficult because none of the stakeholder was specialise in coffee and they had to face a big completion with company like Starbucks. Somehow, Pravit, founder of BCC, manage to build up a successful company despite his lack of knowledge on coffee and food. BCC is now looking for a worldwide range of customers and have already started their expansion in Asia. The successful story of BCC did not happen without any difficulty. BCC had to face several cultural challenges during their expansion and there was also many ethical concerns...
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...of Phoenix Nana Offei MGT/448 Global Business Strategies Case Study Nike: The Sweatshop Debate July 5, 2012 Professor, Marc Mosko Nike, the sweatshop debate Nike Inc. was started by Bill Bowerman and Phil Knight, who met each other in 1957 Before going into business, Knight became a certified public Accountant (CPA) the original Nike Inc. was founded in 1964 by Phil Knight and his friend Bill Bowerman with a collective investment of 1000 to fund the business tries (Nike repository, 2010) The company began with Bill and Phil being local distributors for the Onitsuka Tiger footwear brand now own by Asics footwear, Bill and Phil did business out of their cars at local track meet and sporting event to athletes in the vicinity of the University of Oregon, the first sport retail store open in California in 1966 as where the company profit began to grow they realized that their financial limits imposed by Onitsuka Tiger would limited their long team profits (Nike repository, 2010) This paper will describe the legal culture ,and ethical challenge that confront the global business as personated on the case study, in addition the paper will determine the various roles that the host government played in global business operation .at the end it will summarize the strategic and operational challenges facing global managers illustration in Nike organization Global business doesn’t come without challenges Nike organization plan to become a global...
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...Global Peter Drucker Challenge Essay Contest Social Responsibility and Managerial Ethics A Focus on MNCs Prepared by: Kidus G.Mehalu Addis Ababa, Ethiopia August 2011 Social Responsibility and Ethics of MNCs The 2nd Peter Drucker’s Challenge Social Responsibility and Managerial Ethics -A Focus on MNCs . 1.1 Introductory Remarks Managers today are usually quite sensitive to issues of social responsibility and ethical behavior because of pressures from the public, interest groups, legal and governmental concerns, and media coverage. It is less clear where to draw the line between socially responsible behavior and the corporation’s other concerns, or between the conflicting expectations of ethical behavior among different countries. This essay on social responsibility and ethics set externally to international managers and thus in a sense outside their realm of control, is the expectation of appropriate behavior. This behavior is measured both in terms of social responsibility of the organization as such, as well as ethical behavior of individual managers. In addition to these expectations there is an onus on organizations and managers alike to manage the relationship with the host country. Having noted this, I shall now move on to the main issues this essay has set out to address in the following manner: 1.2 Global Interdependence Global interdependence is a compelling dimension of the global business environment, creating demands on international managers to take...
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...Two of the biggest challenges that financial managers face todayare controlling spending and improving profitability, and self-moraleand motivations. Although, healthcare has been a huge challengeand is being nationally debated about on a daily basis, (Forexample, Hobby Lobby), controlling spending and improvingprofitability, and self-morale and motivations takes preference, (inmy opinion), because they will always take precedence overhealthcare. Self-morale and motivations which refers to theaccountability or financial integrity is now being referred to as the “crisis”. (Ethical Conduct, Frederick Militello and Michael Schwalberg). As a result from lack of confidence in integrity-based financialleadership , “two ideal portraits of ethical behavior emerged: the“Ethical Intelligent Financial Executive” (EIEF) and the “EthicallyIntelligent Financial Organization” (EIFO).” (Ethical Conduct, Frederick Militello and Michael Schwalberg). Being aware that financial integrityembodies all activities that support the complete and accuratemaintenance of financial records at a company in which these records act as a fair representation of a company’s financial position to all stakeholders, the EIFE and the EIFO, has foundit imperative to implement ethical dilemmas training to ensure that one’s own integrity holds accountability for their actions. By implementing these situations, the financial executives becomesaware of the multiple pressures that may potentially impinge (have an affect or negative impact) on one’s integrity...
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...Global Business Strategies October 11, 2011 Professor Dana Moore Gray, Ph.D., APR Case Study – Google in China This case study paper will examine Google’s entry into China. This case study will be focusing on the following topics; the legal, cultural and ethical challenges that Google experienced, the role that the Chinese government played, and a summarization of the operational and strategic challenges that faced Google’s managers. Google in China Looking to gain access to China’s 100 million internet users, Google launched their services in China in 2000. However, in 2002, the Chinese Government blocked Google’s services. Than two weeks later the government restored Google’s services along with a censoring program to block out any political sensitive material. This censoring program significantly slowed down Google’s site in China, and therefore it became obvious that Google would have to, in accordance with the Chinese government, self-censor their own site in an effort to speed up the service (Hill, 2009) Challenges Google Faced There were many legal, cultural and ethical challenges facing Google when they decided to provide their services to China. The fact that China is ruled by communism made it difficult for Google to acclimate themselves to the legal and cultural complexities. They also faced ethical issues as the aforementioned decision to self-censor their site from certain political information was in direct opposition to their “don’t be evil” business approach...
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...“Since the early 1990s, large U.S. corporations have adopted corporate codes of conduct. It is unclear, however, whether these self-imposed ethical protocols are anything more than publicity gold, with no legal efficacy.”(Revak, 2012, p.1645). With companies adopt corporate codes of conduct; they require their employees and suppliers to follow these codes and the standards that are set in the company guidelines. In order to succeed the company needs to analyze the ethical challenges that companies face to determine what changes need to be made in order to prevent ethical issues in the future. Briefly describe your company and then benchmark the codes of conduct used by similar companies in the industry. Critique the codes of conduct of at least three (3) similar companies in order to write codes for your company. Winn-Dixie is a fast growing company in the supermarket industry. In order to write codes of conduct for Winn-Dixie, on must evaluate the codes of conduct of similar companies. When looking into writing them, I will look at Wal-Mart, Target and Kroger’s code of conducts to determine which codes I will need to implement in Winn-Dixie’s codes. Wal-Mart is a multibillion dollar corporation located throughout the world. With over two million employees worldwide, Wal-Mart’s code of conduct needs to be in place to ensure proper ethical behavior is being implemented. “The values that guide our decisions and our leadership are the 3 Basic Beliefs: respect for the individual...
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...Ethical Issues MGT/216 10/24/2011 Jennifer Stephens Ethical Issues Business ethics are a set of ethics that a business, a group of businesses, or an organization of any kind sets for themselves. These ethical standards are usually similar throughout the business world with varying degrees of differences. Unfortunately, the manner in which ethics are adhered to varies from business to business. Usually businesses are started and maintained with one major goal in mind, make a profit. Economist Milton Friedman stated that “management should make as much money as possible while conforming to the basic rules of society…” (University of Phoenix, 2007, para. 43). ). Unfortunately, this driving factor causes some businesses to set aside what is ethical to meet their financial goals. This happens to varying degrees, and the effects can be as minor as a guilty conscience or as serious as a death. Chapter two of the text tells a story about a man that spent a summer in the late 1960s handling asbestos, which later caused his untimely death (University of Phoenix, 2007). This would not have been an ethical issue if the business that this individual worked for had not been aware of the dangers of asbestos; however, the corporation did understand the dangers of it, and therefore this was a gross misjudgment in ethical behavior. Businesses face many challenges internally. It is a constant challenge for businesses to practice and maintain proper ethics company wide...
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