...Ethics along with good corporate governance are essential to every successful company. Ethics are moral principles that guide the direction a business behaves. Behaving in an ethical demeanor encompasses deciding what is right from wrong and making the “right” decision. Ethics written into a companies mission statement assists in clarifying a company’s goals and intentions. In this case, Matt Dyson is the founder and president of an ethical bank primarily focusing on environmental sustainability. Matt is faced with the difficult decision between profitable business ventures or ethical ones. Matt began the Silver Lake Green Bank with an assembled board of directors out of concern for his hometown environment of Colorado. The image promoted was environmental stewardship. To solidify their image, a famous architect was commissioned to build an office that reflected environmental values. Solar-powered windows and a set of wind turbines are examples to showcase their environmental take. Articles and TV segments were marketing techniques used to gather support from local depositors and borrowers. The ethical bank became successful in attracting clients who have grown tired of global banks, but to succeed financially, the bank needed clients that will take out big loans. Two big companies answered the bank’s calling but with a price. The bank’s opportunity to reap profitable returns came in the form of a gun manufacturing company and an engineering company specializing in hydraulic...
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...without the manipulation of outside influences. The rights of individuals exist because they can justify behavior and also places limitations on behavior (Williams & Arrigo, 2012). The rogue behavior continued on throughout the film because there was no real checks and balances to their behavior. Even when the judge ordered for the jury to be sequestered, the manipulation of the jurors continued. The rights we value play a critical role in the consideration of moral behavior, as well as how one responds to controversial legal, social and political issues (Williams & Arrigo, 2012). Gun control in the movie and in real life remains a hot topic issue, especially after tragedy strikes. Therefore, what we value personal...
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...BUS 543 - ETHICS IN ORGANIZATIONS & SOCIETY Week 2 Interaction Paper Chapter 1 is an introduction to Business Ethics. The major message this chapter conveys is the various ethical viewpoints that can be applied by a corporation, an employee, and a culture. This chapter breaks these ethical issues down as Corporate, Individual, and Societal. The many theories and studies contained in this chapter are encompassed in how decisions are made and what logic is used to apply them. The process of identifying an ethical situation, identifying what course of action to take, deciding to do something about it, and finally, following through on the decision are all dependent on the morals of the individual. Those morals, and view of self, will ultimately determine the identification and the outcome. Several key words are used to support what has been identified as the major message detailed in the opening paragraph. Ethical Relativism (page 33) and Integrative Social Contracts Theory (page 36) both deal with differences on a societal scale. The book judges Ethical relativism as flawed, leading to the Integrative Social Contracts Theory as being a breakdown of hypernorms and microsocial norms. As a westerner the ISCT is easier to accept and supports the major message that society, self, and cultural influences affect identification of ethical issues. Moral reasoning (page 45) further refines an ethically aware individual’s process used to identify whether a situation is...
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...Inside Look into Ethical Concerns of For-Profit and Not- For-Profit Organizations Matthew Morton PHI445: Personal & Organizational Ethics Instructor: Robin McCart-Brown 10/12/2015 “Ethics: an area of study that deals with ideas about what is good and bad behavior: a branch of philosophy dealing with what is morally right or wrong (Merriam-Webster)”. The theory of ethical issues dates back to the first known human beings, as even the oldest settlers of this planet, had some guidelines distinguishing right from wrong doing. This day in age, the actual study of ethics and morals has come a long way, while many famous philosophers and ancient hierarchy’s have their own beliefs and set of rules they believe is right or wrong. When we look at the use of ethics and moral code in relation to business and organizations around the world there is allot to be said. In a world that has evolved beyond the imagination of our earliest settlers, ethics and business have allot in common as every business, for or not for-profit, strives to hold the highest reputation to acquire and retain as much public interest and business as possible. While there are many famous not- for profit organizations and even more for-profit business’s, they are not all as favorable and ethically inclined as they might seem on the surface, leaving the research of these organizations in the hands of the consumer and also the determining of whether a particular organization does good by their own ethical and moral...
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...How the military industrial complex works is that private companies give money to politicians during elections. Following this politicians then support military projects that will further the interests of these private companies. Then the military buys goods from these companies. This relationship can lead to corruption in the government. This has been happening in the United States for centuries, as far back as the Revolutionary War. In the United States, the military industrial complex can be traced as far back as the 1700s, to Alexander Hamilton and Eli Whitney, in whom it is said to have originated. These men carved the path for the national arms policy of the United States. This policy is emphasized a growing need for a public manufacturer of weapons. (Hiuston,...
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...Have Gun, Will Travel…to Work Kandida Noble Strayer University BUS. 309: Business Ethics Ale Yekpabo August 23, 2015 I chose to become an advocate for the consumer in regards to legalizing medical marijuana. I support the consumer because I feel there are cases where medical marijuana could make living in society possible for people who are dealing chronic pain, cancer patients and in some cases paraplegic or quadriplegic patients would benefit from the ability to use medical marijuana. According to a Bloomberg Business report the legalization of marijuana and this debate that surrounds this issue much resembles that of 1920’s Prohibition of Alcohol. So to the question of capitalism’s influence on corporate America, let’s talk numbers 25 million-60 million in illegal gains. So if marijuana becomes legal, the tax on marijuana cigarette is about $5.00 per joint with a total tax to be made for a year estimated at $45 billion - $110 billion a year. I don’t believe it is possible for a company to cater to both the interest of the company and that of the consumer conjointly. I believe that the company will always put there interest first especially if it will affect the bottom line. For example let’s look at what happened to cigarettes over the last decade. Originally tobacco when the demand wasn’t beyond what the tobacco companies could produce. Tobacco cigarette in its simplest purest form wasn’t harmful and did not kill people. What’s deadly is the chemicals that are...
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...Gun Control Anthony D. Torres COM 220 August 5th, 2012 Mary Trapasso Does gun control affect the way we live? Every year, in the United States, there are over thirty thousand deaths attributed to gun violence. Gun control and its laws are designed to save lives while ensuring a safer and more civilized society. Although these laws do nothing to prevent crimes; they are in place to ensure that those who violate them are punished and removed from society, thereby preventing future crimes. Supporters and opponents of gun control agree guns should be kept out of the hands of criminals. The ability for people to use a firearm while defending themselves from harm or possible death at the hands of a criminal is not debatable, it is a Constitutional Right. Gun control laws save lives and continue to have positive effects within our nation. The Second Amendment in the US Constitution grants law abiding citizens the right to own a gun for self-defense. The amendment states that “a well-regulated Militia, being necessary to the security of a Free State, the right of the people to keep and bear Arms, shall not be infringed” (Find Law, 2012). Even though it is a right to bear arms, the purchase of firearms has become more difficult and almost impossible for people with criminal backgrounds. Those with felony convictions, fugitives from justice, dishonorably discharged from the military, illegal aliens in the United States, convicted of domestic violence, and people who possess restraining...
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...these different dangerous situations that could have been avoided. Scenario One Scenario one deals with intentional tort, unintentional torts and strict liability tort. The first intentional tort is the battery by Daniel on Malik for accidently spilling cold beer on his son Ruben. Daniel shoved Malik which caused him to fall. Malik tried to break his fall and grabs the railing which didn’t support the weight of Malik. The railing broke and Malik hit the steps and knocked out two of his front teeth. This will fall under strict liability tort. Malik can file a law suit against the owners of the football stadium for not ensuring the railing was safe for everyone in the stadium. This fall under product liability “The liability of manufacturers, sellers, and others for the injuries caused by defective products.” Cheeseman (2010). “Defamation of character false statement(s) made by one person about another. In court, the plaintiff must prove that (1) the defendant made an untrue statement of fact about the plaintiff and (2) the statement was intentionally” Cheesesman (2010). Daniel can suit the woman in court for intentionally making a false statement about Denial. The statement wrongfully accused Daniel of giving Ruben beer at the game. Daniel boss over heard the statement and fired Daniel from his job. Daniel can also suit his boss for wrongfully termination of his employment. The concession worker gave Daniel to regular soft drinks instead of the...
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...Adephia Scandal 1 Abstract The purpose of the paper is to explain deontological ethics, including Kant's Categorical Imperative, and their relationship to business ethics. I will explain how deontological ethics and Immanuel Kant’s Categorical Imperative more specifically relate to the two primary business ethics violations in the Adephia scandal. ADELPHIA SCANDAL The Adephia Scandal orchstrated by a family of Business men that had on goal in mind, which was tor created family wealth at all cost. The Rigas Family Members of Adelphia’s included John Rigas, founder and Chief Executive Officer (CEO); Timothy Rigas, John’s son, Chief Financial Officer (CFO), Chief Accounting Officer, and Treasurer; Michael Rigas, John’s son, Executive Vice President for Operations and Secretary; and James Rigas, John’s son, Executive Vice President for Strategic Planning. On December 31, 1999, five of the ten members of Adelphia’s board of directors were Rigas family members, John, his three sons, and Peter Venetis, John’s son-in-law. In 2002, John J. Rigas resigned as Adelphia’s CEO, Timothy J. Rigas resigned as CFO, and the Rigas family relinquished control of the company as John, Timothy, Michael, and James Rigas resigned as directors. John Rigas and sons Timothy and Michael were arrested on conspiracy charges. The company was founded in 1952 in Coudersport, Pennsylvania and incorporated in 1972. By 1998...
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...3D Printing: Manufacturing Randall Ballard, Jerry Boggs, Bol Bol, and Jiro Newton DeVry University LAS 432 Professor Lynn Wallace April 19, 2014 Table of Contents I. 3D Printing: Manufacturing – Randall, Jerry, Bol, and Jiro 4 II. How 3D Printing Works – Randall 4 a. 3D Printing or Additive Manufacturing? 5 b. Commercial Manufacturing 5 III. The Historical Development and Context of the Technology – Randall 6 c. Chuck Hall 6 i. Time line. 7 d. A 3D Printer in Every Home 7 IV. How New is the Technology? – Jerry 8 e. Is it Really Printing? 8 V. The Technology’s Potential to Disrupt Industries – Jerry 9 VI. Communicating With the 3D Printer – Jerry 9 f. The Process 10 ii. The 8-step process. 10 g. Reducing the Development Time 11 VII. Economic Considerations – Jerry 11 h. Rapid Prototyping 12 i. What Is the ROI? 12 j. Manufacturing Processes 13 iii. Economies of scale. 13 k. The Level of Interest 14 iv. Digitizing creative content. 14 v. Is it your creation? 15 l. Localization vs. Outsourcing 15 VIII. The Psychological Perspective & Social Effect – Jerry 16 m. A Paradigm Shift...
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...Q#1 Marketing has been described as being both an "art" and a "science." Discuss the differences and similarities between these two marketing thrusts. Provide your theoretical response and a "real-life" example where you have seen both processes work effectively at creating customer value and loyalty Marketing is defined as the science and art of exploring, shaping and fulfilling the need of the customers. As it is manifested in the definition that Marketing is a blend of Science and Art; therefore, it can be inferred that both the terms have a strong connection with it. Science is the study of theories and phenomena related to the physical world based on systematic experiments and observation while Arts is the practical reflection of human’s creativity and imagination. Marketing if taken as a science means considering all relevant variables and forecast that are crucial for the marketing or business on rational, systematic pattern. In contrast, when it is taken as Arts it is considered as the idea, soul, essence, spirit and the metaphysical characteristics of business that is actually helping it to thrive and prosper. For Instance, before launching a new product, all the necessary research is carried out on rational grounds. All the variables like market trend, number of competitors, price, product placement, marketing strategy and tactical plan are evaluated systematically. The use of historical data or past performance is also used in doing this. In a word; it involves...
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...Jump to main content Jump to navigation the WHITE HOUSEPRESIDENT BARACK OBAMA Contact UsGet Email Updates Home BRIEFING ROOM ISSUES THE ADMINISTRATION PARTICIPATE 1600 PENN Search form Search Search You are here HOMEBRIEFING ROOMSPEECHES & REMARKS Briefing Room Your Weekly Address Speeches & Remarks Press Briefings Statements & Releases White House Schedule Presidential Actions Executive Orders Presidential Memoranda Proclamations Legislation Pending Legislation Signed Legislation Vetoed Legislation Nominations & Appointments Disclosures The White House Office of the Press Secretary For Immediate ReleaseJanuary 05, 2016 Remarks by the President on Common-Sense Gun Safety Reform East Room 11:43 A.M. EST THE PRESIDENT: Thank you. (Applause.) Thank you. Thank you, everybody. Please have a seat. Thank you. (Applause.) Thank you so much. Mark, I want to thank you for your introduction. I still remember the first time we met, the time we spent together, and the conversation we had about Daniel. And that changed me that day. And my hope, earnestly, has been that it would change the country. Five years ago this week, a sitting member of Congress and 18 others were shot at, at a supermarket in Tucson, Arizona. It wasn’t the first time I had to talk to the nation in response to a mass shooting, nor would it be the last. Fort Hood. Binghamton. Aurora. Oak Creek. Newtown. The Navy Yard. Santa Barbara. Charleston. San...
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...Summarize the major features of Texas Instruments’ management systems. 2. How does Texas Instruments ensure that its operating managers appropriately allocate their time between short term and long term? 3. Why do you believe the OST System worked so effectively for TI in the 70s? why was not working effectively for company in the mid-to-late 80s? 4. Would systems like these be appropriate in other organizations, such as Harvey-Hudson Electronics? What implementation problems would you foresee? ANSWERS: NO.1 Texas Instruments (TI) is considered to be the pioneer of the American electronics industry. TI was first established in 1951 as an electronics company serving the American defense industry. In 1958, TI developed the first semiconductor integrated circuit. TI has three main lines of business in 1984: components, which included semiconductor integrated circuits, semiconductor subassemblies, and electronic control devices; digital products, which included mini computers, personal computers, scientific instruments, and calculators; and government electronics, which included radar system, missile guidance and control systems, and infrared surveillance systems. The major management system of TI is OST System, which is Objective, Strategies, and Tactics System. OST System is a system for managing change and innovation. The system was employed to define the strategies the company intended to follow for further growth and development and to identify the tactics required to...
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...GE 1301- PROFESSIONAL ETHICS AND HUMAN VALUES UNIT I & II – HUMAN VALUES The Story of a Carpenter An elderly carpenter was ready to retire. He told his employer-contractor of his plans to leave the house- building business and live a more leisurely life with his wife enjoying his extended family. He would miss his paycheck, but he needed to retire. They could get by. The contractor was sorry to see his good worker go and asked if he could build just one more house as a personal favor. The carpenter said yes, but in time it was easy to see that his heart was not in his work. He resorted to shoddy workmanship and used inferior materials. It was an unfortunate way to end his career. When the carpenter finished his work and the builder came to inspect the house, the contractor handed over the house key to the carpenter. “This is your house,” he said, “it is my parting gift to you.” What a shock! What a Shame! If only he had known he was building his own house, he would have done it all so differently. Now he had to live in the home he built none too well. (Modified from LIVING WITH HONOUR by SHIV KHERA) Do we find ourselves in similar situations as the carpenter? Moving through our work hours fast paced, driven to “get the job done”, without much thought to moral values. How do we regain our focus as individuals and organizations? This is the challenge for the employee and the employer. Ethics are fundamental standards of conduct by which we work as a professional. VALUES Values...
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...Medication Madness Book Review In partial fulfillment of the requirement of N3335 December 02, 2011 Online RN- BSN Medication Madness I chose to review “Medication Madness” by Peter R.Breggin, M.D. First of all I was attracted to this book by the name medication madness which made me to be curious to know what the book is all about. Madness, we know is a state of mental imbalance and when attributed to medication, it calls for interest. I came to understand that medication madness is an extreme expression of medication spellbinding leading to people to behave in ways that they would otherwise reject as hazardous or wrong (Breggin, 2008, p.19) .This book motivated me because it has elements of factual information, according to the author Bregggin, who is a psychiatrist that the stories are “true stories”. Breggin establishes reflection on the physical impairment due to drugs. In overall I was thrilled by the standard of effective educative communication by the author. Topic of interest: Medication Spellbinding One of the things that made the greatest impression on me is the word medication spell binding which “describes how drugs mask or hide their harmful mental and emotional effects from the people who are taking them” (Breggin, p.18). I always think that anti psychotic or antidepressant drugs are given to have a positive tranquil effect on patients not knowing that it could cause suicidality or make one violent without...
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