...1. CanGo’s undefined Mission Statement The absence of a clear Mission Statement as a road map for the company is needed for the company to survive in the market place and stay competitive. The mission statement of any establishment, defines the clear intension of a business in term of which road it will travel in the market place to stay competitive. In the week -1 introductory video, CanGo seems to be doing very well in the market place. This was evidence by the telephone call that was made to Liz by the President of the Hudson Valley business association. When Liz was inverted to speak at the Hudson Valley business meeting to share her expertise with the rest of the business community, she could not define how the business was organized the system she and her management team have used to be so successful in the Hudson Valley. She could not clearly say where she came from as a business, where she is and where she will be going as a business. This seems clear to us that CanGo lacks a mission statement for the smooth operation of the business. If CanGo continue on this path, the company may and will experience major setbacks in areas of business growth and development, accountability and the ability to stay in the market places if other market forces come against her. Recommendation: CanGo like any other business is in the market place to survive and be profitable. Therefore if CanGo must survive and be competitive it must develop a mission statement as a foundation for...
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...Is Sales Ethics an Oxymoron? Introduction It has been said that sales ethics is an oxymoron. In this paper, this topic will be discussed. First, what is an oxymoron? It can be explained as the bringing together of two apparently contradictory concepts such as 'a great defeat' or 'humiliating honor'. From this topic, it is saying that sales ethics is an oxymoron which indicates that there is no ethic in sales. It is suggesting that sales are in some degree unethical. For example, it may believe that ales or business is integrally harmful. Or we can say it is at best amoral and it is beyond the normal moral considerations. In order to better discuss the statement of the question, it is necessary for us to define the meaning 'sales ethics'. Sales or business ethics is the application of ethical values to business behaviour or sales function. When the first trade happened the argument of sales ethics (business ethics) has had drown a great attention (i.e. the Code of Hammurabi, created nearly 4,000 years ago, records that Mesopotamian rulers attempted to create honest prices. In the fourth century BCE, Aristotle discussed the vices and virtues of tradesmen and merchants. The Old Testament and the Jewish Talmud discuss the proper way to conduct business and even includes topics such as fraud, theft, misleading advertisements, environmental issues and just prices. ) Throughout the history of commerce to today, the issues of business ethics is a continuous source of debate as it...
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...Identification and Analysis of Critical Issues and its Impact on the Business Performance and Strategic Direction Bellevue University Assignment 9.1 May 4, 2015 Business situation analysis and its impact on performance and strategic direction Business situational analysis is defined as internal and external factors that affect the business’s environment in different way (the situational analysis, 2011). There are five situational factors that most businesses focus on: legal, regulatory, social, technological and ethical. Thus, each factor drives the business decision making. Therefore, situational analysis allows the business to determine the business strengths, weaknesses, opportunities and threats (The situation analysis, 2011) and make beneficial decisions. However, legal and ethical factors are areas where issues comes at any level of the business. In this topic, it’s important to describe and analyze the critical issues around legal and ethical factors and how they impact the business performance and strategic direction. A legal factor relates to new laws or directives governing how businesses behave. This can be in relation to other businesses, customers or the environment. Indeed, businesses need to watch out for new laws put on the market. In fact, businesses’ activities are restrained by laws and regulations (A hands-on introduction to business fundamentals in foundation, 2014). Those laws could be local, national or international and all depend on where the...
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...researcher was honest in his or her methods used to conduct the research.Rules and morals are often in disagreement with one another, thus requiring substantial interpretation. It is therefore important for researchers to learn how to interpret, assess, and apply various research rules and how to make decisions and to act in various situations (Gajjar 2013). Dishonesty is the number on research practice that should be avoided in a research project. When conducting research one should honestly report data, results, methods, procedures, and publication status. One should not fabricate, falsify, or misrepresent data, or deceive colleagues, granting agencies, or the public. Another unethical practice that should be avoided is biased research. Researchers should aim to avoid bias in experiments, data analysis, data interpretation, peer review, personnel decisions, expert testimony, and other aspects of research where objectivity is expected or required. The avoideance and minimization of bias and self-deception is strongly suggested. Disrespect of confidentiality and privacy should be avoided. Upholding...
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...Effect of Unethical Behavior Article Analysis ACC/291 December 23, 2012 Angela Giattino Effect of Unethical Behavior In late 2009 most of America, along with the company that I work for was suffering from an economic downturn. The future of company coming out of this unfortunate event was slim to none. Our company is a car prep company that prepares vehicles for brochure and commercial still and video shoots. Most of our clients are automotive manufacturers, and our largest client at that time was General Motors. General Motors was in the midst of filing for bankruptcy and the government stepped in to bail the large corporation out of its financial crisis. Many companies that worked with General Motors walked away from that business and took a loss. Our company on the other hand, took the wildest roller coaster ride that not only hurt us but also saved us. During this time the company laid-off many employees and stopped paying its debt for over a year just to stay afloat, including our lease payments for the building we occupy. One would think that the landlord would have thrown the company out of the building. Rather worked out an agreement with the owner of the company to allow him to get back on his feet with the terms that he would repay any monies when the company was once again stable. When both the owner of the business and the landlord realized that the company was in bad shape, the landlord agreed to cut the outstanding balance of more...
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...Unethical conduct among co-workers may lead to standards of feeling helpless and annoyed with the conduct of their co-workers and or leaders. This frustration results of honest employees either searching for alternative employment or end up with high stress and health related problems. Unethical behavior in organizations may lead to the institution’s inability to no longer forge and maintain any long-term relationships with customers and employees. The organization becomes vulnerable to long and expensive litigations. Eventually the effects of unethical behavior in the organization are that clients and customers will completely alienate organizations products or services, hence some drop-in sales. Eventually this will drive investors and other stakeholders away from the...
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...BUS 475 Complete Course BUS475 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-475-complete-course-bus475-complete-course/25712 http://workbank247.com/q/bus-475-complete-course-bus475-complete-course/25712 BUS 475 Week 1 Discussion "Assessing Stakeholder Positions" Please respond to the following: * Apple is about to release its latest technology. The company needs to develop a plan to communicate with key stakeholders about the release. You have been tasked with identifying those main stakeholders and selecting the method for communicating with each group. Summarize your plan in a two to three paragraph post. BUS 475 Week 1 Quiz 1 * Question 1 | | | All of the following are external stakeholders of the firm except: | | | | | | | | | * Question 2 | | | Departments, or offices, within an organization that reach across the dividing line that separates the company from groups and people in society are: | | | | | | | | | * Question 3 | | | When something stands out from a background, is seen as important, or draws attention it is: | | | | | | | | | * Question 4 | | | With the explosive growth of technologies that facilitate the sharing of information, this kind of stakeholder power has become increasingly important: | | | | | | | | | * Question 5 | | | Which argument says that stakeholder management realistically depicts how companies really work...
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...argument is against the right to be forgotten because it might remove invaluable commercial information on which investors depend to make decisions. This has caused an intense debate between the right to privacy and the right to freedom of expression. Evaluation and Analysis It is possible to find a balance between the right to be forgotten and the right to freedom of speech. Especially, considering so much privacy has been threatened, privacy protection measures should be taken immediately. However, the current American privacy and free expression laws are suited to the times of paper-based media. They ignore the situation that web-based information can be accessed by the public forever. Europe's highest court's ruling to protect privacy in Europe actually has set a good example to the United States. Even though the right to be forgotten might impede the business intelligence in some cases, new laws could define what information is related to businesses and require the business-related information to be disclosed to public. A lot of people in the United States still don't realize their privacy has eroded on Internet. Their personal records, such as criminal records, drunk pictures and even revenge porn videos, could be easily posted and found at any time by their employers or their loved ones. Especially, some malicious searching and postings have been eroding basic...
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...investigated social behaviors if they can be acquired through observation and imitation. Strengths The experiment method that was used was precise controlled of variables. The variables were controlled are such as gender, time that the children observed this model and the behavior of the model among others. Strength of this model is that experiments can be replicated of the experiments. Instructions and standardized procedures were used which allows replicability. (Bandura, 1963 has replicated with changes using videos and results were found similar) Experiments are only means where cause and effect can be established. This gives room to demonstrate if the model had effect on a child to his/her subsequent behaviors since all the variables apart from the independent variables are controlled. Weaknesses Low ecological validity. Many psychologists have criticized laboratory studies on imitation. Because the model involves the child and the adult model and this is a very limited in social situations. The child has no interaction with the model and this makes it impossible to influence the model. And also the child and the model are strangers. Another criticism of this study is that demonstrations are measured immediately. Long-term effects cannot be discovered with such single exposure. The experiment also sounds unethical we don’t know whether the children suffered long-term consequences or not as a result of this study 2. Children behavior were used to demonstrate...
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...is a trending that they should put into practice since it is cool, harmless and sexy (Harrald, C., & Watkins, F. 2010). The organizations have done an excellent job since billions of cigarettes are smoked every year globally. From the history, there has never been a tobacco industry that has been in favor of human since they always encourage individuals to start using their products and support which uses them to continue using them. The theory has been proven by the strategies the organizations have in place through advertising targeting young generation globally. The organizations as well increase the rate of nicotine in their products to increase addiction of the products for the users. Tobacco industry goals The history of cigarettes video states that for many generations, the manufacturers of tobacco have been trying to convince millions of individuals it is considerably lovely to smoke since it is harmless, sexy and cool. According to research conducted by different individuals outside tobacco industry, it was usually discovered that smoking was not healthy for human beings since it possess different sickness risks. Cancer, among other unusual disease, were often linked to smoking although the industries tried to convince individuals that smoking is harmless. In 1954, the tobacco industry launched a great age advertisement in 448 American newspaper to bring awareness of the effects of smoking (Proctor, R. N. 2012). It was usually a truthful statement to all smokers since...
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...proven in court. Most individuals know and understand ethics as a basic human guideline for behavior. With thing legal issues it is a bit more difficult. In order to take action toward GlaxoSmithKline legally the allegations need proving. There was an allegation of GlaxoSmithKline using drugs for purposes which they had not been approved. GlaxoSmithKline also failed to report safety data about top drugs. Ethical and legal issues often times overlap, however in some cases not. It is our job as consumers to hold those who jeopardize patients’ health, harm taxpayers, and violate the public trust accountable for their actions. (Deception Duke) The video displayed many legal and ethical issues. The ethical issues against Duke were insurmountable. There were several opportunities to stop the study. Information was brought to their attention that raised suspicion, but they chose to ignore them. It was stated that they did not know about the fraud. I believe this to be true, but most importantly I don’t think they wanted to know. Even after the introduction of several red flags Duke chose to ignore them. Duke may not have any legal obligations to put a regulatory system in place to prevention this from happening but they had an ethical obligation. It is abundantly clear that Dr. Potti was a fraud just like his experiment. In my opinion Dr. Potti was well aware that his behavior was unethical and should be prevented from working in the medical industry. Dr. Potti should be held accountable...
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...ability to affect businesses. Stakeholders provide both, tangible and intangible recourses that are more or less critical to a firm’s long term success. The key stakeholders in this scenario are a) The customers who are mainly US male teenagers between 13 -19 years of age that would be exposed to nudity through a video game that with increased levels of intensity revealing nudity of a female game character. b) The Broadway Corporation is a stakeholder that is affected if the “Lucky” game development and introduction would be stalled or entirely taken off the market. Since “Broadway” is a corporation, the outcome of this scenario will affect the company as a whole. The consequences could be that the company would lay off employees due to the lack of revenue. The shareholders would start selling their shares if dissatisfied which would eventually cause the company’s stock price to fall. Suppliers that build the arcade equipment would be affected as well as the entire surrounding infrastructure since Broadway is one of the largest employers in the Las Cruces. Ethical Analysis: The key ethical issues in this scenario are the possible exposure or teenagers to nudity in a video game and to increase the company’s profit through intensified game levels that require a second coin to continue the game. The importance to demonstrate and maintain the social responsibility of the firm that is developing the game...
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...customers are served at KFC restaurants. KFC Division is run by Cheryl Bachelder, President and Chief Concept Officer KFC’s Entry in INDIA KFC was the first fast food multinational to enter INDIA , after the economic liberalization policy of the Indian Govt. in early 1990s. KFC received permission to open 30 new outlets across the country & Opened first fast food outlet in Bangalore in June 1995 by targeting upper middle class population. Ethical Issues in Business organizations Ethics are “the code of moral values and principles that rule the behavior of a person or group with respect to what is right or wrong (McGraw-Hill, 1)”. Because business practices reflect the values, attitudes, and behavior patterns of an organizations culture, ethics are as much an organizational issue as a personal one. Ethical issues and standards relate to performance or behavior that is not covered by law, and the rule of law and it covers behaviors that may not necessarily be...
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...Building Brand Image With Ethics The Positive and Negative Effects of Ethical and Unethical Behaviors on Brand Trust Executive Summary In the market of today, businesses are faced with complex situations where they not only have to make decisions for the better of the company, but also for the better of society. In an economy and market that thrives on the competitiveness of various companies, business officials must abandon the focus on profit and focus on the needs of their consumers. Businesses cannot thrive without the support and trust of their primary and secondary stakeholders. These can include – consumers, employees, media, community leaders, etc. Businesses work to build and maintain meaningful relationships with these groups to ensure that they experience longevity and increased productivity. In order to obtain consumer preference over other companies, businesses must establish and maintain certain motives and incentives for their decision making. This will ensure two very important factors needed to maintain valuable business practices, positive brand image, and brand/consumer trust. Brand Image and Brand Identity When building a prosperous business, in the private or public sector, great focus must be dedicated to the brand’s image, equity, or value it holds. Brand image can simply be described as an impression; it is the consumers’ perception of a brand’s complete persona. Positive qualities, shortcomings, scandals, poor or effective...
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...The influence of new media PR campaign in changing and reshaping public’s attitudes about a brand (BP). Introduction BP (British Petroleum) is a British multinational oil and gas company headquartered in London, England, United Kingdom incorporated on April 14, 1909, is an integrated oil and gas company. The company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items as diverse as paints, cloths and packaging. BP operates in two business segments: Exploration and Production, Refining and Marketing. It’s Exploration and Production segment is responsible for its activities in oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas, together with power and natural gas liquids. Its Refining and Marketing segment is responsible for the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. (Reuters, 2012). However, on April 20th, 2010 a deepwater oil rig exploded, causing a massive oil leak nearly a mile underwater off the coast of Louisiana. This leak produced and oil slick of more than 200 million gallons, affecting more than 4,000 miles of shoreline in eastern Mexico and five U.S Gulf Coast states: Texas, Louisiana...
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