Investment 1

South Africa Investment
August 30, 2010

Investment 2

I feel that Texaco and SoCal should be forced to terminate their operations in South African because of the unfit working conditions of the South African People. I find it absolutely amazing that such inhuman working condition and treat still exist towards certain minorities. The conditions that some of the oil refiners have to endure is not easy to bear. The workers that are unwilling to participate in the wrongful working condition are beaten, imprisoned and killed. The South African Minorities have no voice in society because they were never given any rights.
The South African apartheid system legalizes racial discrimination and limits the black population from their normal human rights. I cannot believe a company like Texaco and SoCal could have ownership in a country that has a government that has such discriminating practices.
Texaco and SoCal are opposed to ideal of terminating any involvement with South African oil refiners because they would stand to lose millions of dollars. This becomes of issues of whether it is ethical for a large oil company such as Texaco to stay loyal to its shareholders by making as much profit as possible or doing the right thing by pulling out of South Africa. You have to question how many other major companies that we rely to function day to day are actually involved in some form of corruption within their company. I think that Texaco and SoCal probably really benefit from the cheap minimum wages that the minority’s oil company work receives. Texaco management fear that the company would lose over 20 percent of its investment by pull out of South Africa. Management even tried to convince the stockholders to vote against any resolutions that could jeopardize annual income.

Investment 3

This case study shows how the development of human resource mandated Affirmative action policies have help create equal rights and fairness at many American based jobs. The first area of Human Resource management that will be discussed in this paper is equal employment opportunity. In my opinion, this is the head of the cycle. This area is the one that is in charge of making sure that all the areas work. Equal employment opportunity is a very strong area, because everyone deserves the chance to have an equal chance to become a great leader of a good firm or job. When there is equal employment opportunity for all races and gender, then firms can experience the advantages of being diverse. In today’s society, that is what a lot of companies are looking for. The more diverse a person is the better chance a company has of getting more clients and achieving more of their goals. By being diverse, I am not just talking about a person being more that one race. I am also talking about firm experience, people who have gone to diverse colleges and mingled with others who are also divers. These people in turn, have the ability to understand what it is that people want and can bring that to any company that is willing to hire them. The next area that helps to hold human resource management together is affirmative action. At first glance, someone would probably think that sometimes affirmative action can be a bit too stern for some employees to handle. It can be a bit tough sometimes because when affirmative action takes place that usually means that maybe goals are not being accomplished at the rate that they should be being accomplished at. Affirmative action is a good tool though, because it helps to maintain the stability of the company, and it also makes sure that employees are aware of when they are slacking off. Affirmative action takes place when problems arise, Investment 4
And they have the potential to really do harm to the company. Affirmative action takes a plan of action to accurately and in a very timely manner begin to take care of the problem before it gets to the point the company actually goes bankrupt or has a hard time coming back from debt. Another reason affirmative action is a good tool is because it also helps the manager to know when things are not going quite right. It is very important for the manager to stay on top of how the business is doing, because then he/she can be able to notice when affirmative action needs to begin to take place. I feel that one of the turning points for the movement of human rights that were a long time due happen when a Baptist Pastor name Dr. Leon Sullivan came up with principle that should be followed. In my opinion the development of the Caltex as a possible utilitarian movement was just as important as the possible violations of moral rights. The Caltex adopted reverend Dr. Leon Sullivan code of conduct principles that seemed to promote fairness and equal rights for minorities. The movement to create an equal playing ground for the black resistant of African was a great utilitarian benefit.

Investment 5

In conclusion, I feel that Texaco and SoCal are ethically wrong to be involved in doing business with South Africa because of its lack of respect of its black oil refinery workers. Texaco’s management team is morally wrong for trying to convince shareholders to vote against policy that would force the company to pull out of South Africa.

Reference

Velasquez, M. G. (2006) Business ethics: Concepts and cases. (6th ed.). Pearson Prentice Hall: Upper Saddle River, NJ