The Ethics of Corporate Downsizing In this reading, John Orlando discusses ethics when corporations deem it necessary for layoffs and cutbacks on personnel. The reasons why corporations downsize is because profit is low, which Orlando sees as being justified. However he views downsizing as unethical when corporations do it in an effort to increase profits. Cutbacks lead to a decline in employee earnings, widening of the gap between rich and poor America, psychological depression, drug abuse, homelessness
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TITLE OF THESIS: THE IMPACT OF CORPORATE AMERICA DOWNSIZING FOR BANKS ON CORPORATE ETHICAL STRATEGY THESIS STATEMENT The thesis statement of this research paper is “The impact of corporate America downsizing for banks on corporate ethical strategy”. The paper shall cover issues such as the causes of downsizing, how to go about the downsizing process, impacts of downsizing and measures that can be put in place to curb such adverse impacts to the downsized and those employees left behind at
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OPEN UNIVERSITY MALAYSIA FACULTY OF BUSINESS AND MANAGEMENT COURSE CODE: OUMM 3203 COURSE TITTLE: PROFESSIONAL ETHICS FATHIMATH ADAM S0942950 TUTOR’S NAME: MR MUSLIM ANEES LEARNING CENTRE: VILLA COLLEGE TRIMESTER: SEPTEMBER 2012 Table of Contents 1. Introduction 3 2. Identification of Ethical dilemma 3 2.1. Reasons why it is an Ethical dilemma 4 3. Analysis of Dilemma 5 3.1. Effects on Stakeholders 8 3.1.1. Deceptive Argument 8 3.1.2. Normative Argument 9 3.1.3. Instrumental
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DOWNSIZING: SAVING MONEY WHILE REMAINING ETHICAL Downsizing has become a commonplace strategy for organizations to adopt in an effort to cut costs, eliminate redundancies, and streamline organizational systems. Over the last 15 years, many organizations have engaged in downsizing more than once. Most companies have learned from the mistakes of the past, but some companies are still trying to use the same tactics today that were used in the mid 1980s, that leave employees reeling. Read the scenarios
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Organizational Downsizing Techniques and Handling Layoffs Team 1 Christina Berardi Bridget Quinn-Carey Tung-Yueh, Lee Over the last two decades, organizational downsizing has been a key management strategy favored by many organizations attempting to cope with fundamental and structural changes in the shifting economy. In the mid-1980’s, downsizing was implemented primarily by companies experiencing difficult economic times (Gandolfi
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Research Management, Marketing and MIS 1-1-2001 Employee Relations Ethics and the Changing Nature of the American Workforce Chong W. Kim Marshall University, kim@marshall.edu Dennis Emmett Marshall University, demmett@marshall.edu Andrew Sikula Sr. Marshall University, sikula@marshall.edu Follow this and additional works at: http://mds.marshall.edu/mgmt_faculty Part of the Business Law, Public Responsibility, and Ethics Commons, and the Labor Relations Commons Recommended Citation Kim
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Running head: HERSHEY’S SWEET MISSION Assignment 1: Hershey’s Sweet Miss Running head: HERSHEY’S SWEET MISSION Recommend the redesign of Hershey’s performance management system to appeal to the diverse groups that it employs: Hershey’s company deals mainly with confectionary products. Their products consist mainly of chocolates and the candies. It has existed in the market since 1890’s. They market their products worldwide. My recommendation to the redesign of Hershey’s performance
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Lesson 1 Optics vs Vision There are optics and visions in ethics. Optic is a specific way to approach things.. This can be a legal, fi nancial or marketer point of view. Vision is different ways of seeing through the optic. In other words, visions are different opinions. You can have multiple visions under one optic. Norms and values Rules can be made to try and protect a value. Its important to know whether obeying a norm leads to protecting a value. Your moral
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foundation of basic concepts that guide its development. There are some certain philosophical concepts in organizational behavior also. The concepts are; Individual differences, Perception, The nature of organization, Social Systems, Mutual interest, Ethics and Motivated behavior. Robbins et al (2004) explain that OB concepts are considered as an applied science as it provides theoretical concepts that are applicable to real life situations. The knowledge gained with regard to the OB concepts practices
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Business Ethics Business ethical cases can be divided into different categories. According to Board on Corporate and Business issues, different cases can fall under any of these categories and topics. Individual Values and the Business Organization • Employee Conflicts of Interest • Inappropriate Gifts • Security of Company Records • Personal Honesty Individual Rights and Business Organization • Corporate Due Process • Employee Screening • Employee Privacy • Sexual Harassment AffirmativeAction
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