...Advantages and Disadvantages of Collaboration in the Workplace Teams and groups exist in all levels of industries and organizations. Groups can be small or large, local or remote, coached or self-directed. Teams are found at all levels of business, from a multi-billion dollar corporation that builds jets to a small waterpark employing lifeguards and clerks. Successful teams need some form of leadership, good communication, problem-solving skills, and a purpose. Successful groups can achieve tremendous results,. When teams work together, everyone is working toward one common goal and completing the project with successful results. Average groups do just enough to achieve a goal, and then there are groups that are extraordinary. They achieve superior results and team members come away from the group experience with a newfound respect of what he or she helped accomplish. A study revealed eight performance indicators linking extraordinary groups and group members agreed. Each team member agreed teams must: have a compelling purpose, a shared leadership role, team structure, full engagement among members, embrace member differences, learn the unexpected, build trusting relationships, and achieve outstanding results. Whether the team is for-profit or not, volunteers or employees, face-to-face or virtual, these eight indicators emerged (Bellman & Ryan, 2010). Athletics and businesses share many of the same qualities. The head coach sets goals for his team as does the business...
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...Ethics and Values in a Global Setting Jason Bokesch CMGT530 March 22, 2010 John Zupan Ethics and Values in a Global Setting This week we were asked to write a paper examining how we reconcile our personal, professional, and cultural values, and our ethics in a global setting. Personal values are individual beliefs that determine individual decision making. These values are not only inherited from our parents, but we also modify them as we experience different events in life. Personal values affect our attitudes toward people, cultures, and society. Professional values are our attitudes toward work, our conduct at work, how we are rewarded, and expectations of our employers. These values ultimately determine who will work for, how hard we will work for them, what we will work for and how we interact with our coworkers. Each group, society, and culture has their own set of beliefs and norms about what is right and wrong, just, or unjust. Ethics are defined as a set of values that determines an individual’s conduct when it comes to making sound decisions regarding what is right and what is wrong. Now that we have looked at how each term is defined, we need to examine today’s global setting in three different terms: cultural differences, economic conditions, and family backgrounds. Now more than ever, there are greater cultural differences in all areas of life. It used to be that cultures were divided by things such as sections of a town, positions in a company, type of company...
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...Current Location BUS100294VA016-1118-001 Week 4 Review Test Submission: Week 4 Quiz Hide Course Menu Menu Management Options Refresh Display Course Menu in a Window Folder View List View CollapseBUS100294VA016-1118-001 Course Entry Page Course Home Student Center Email Gradebook Week 1 Week 2 Week 3 Week 4 Review Test Submission: Week 4 Quiz Content User Michael H Kim Course Intro To Business Test Week 4 Quiz Started 10/25/11 11:14 PM Submitted 10/25/11 11:45 PM Status Completed Score 85 out of 100 points Time Elapsed 30 minutes out of 2 hours. Instructions This quiz consist of 20 multiple choice questions. The first 10 questions cover the material in Chapter 3. The second 10 questions cover the material in Chapter 4. Be sure you are in the correct Chapter when you take the quiz. Question 1 5 out of 5 points Correct Measuring international trade and its impact on individual nations requires __________ Answer Selected Answer: knowledge of balance of trade. Correct Answer: knowledge of balance of trade. Question 2 5 out of 5 points Correct If trade restrictions among nations were eliminated Answer Selected Answer: competition would increase, resulting in lower prices and increased choices for consumers. Correct Answer: competition would increase...
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...Ethics Monique Giron MGT/498 September 25, 2012 Robert Jenkins Ethics Ethics are a set of values subjected to analysis based on morals varying by each individual’s belief systems. Moral factors are represented differently given the nature and personal beliefs of human beings involved in certain social settings or working environments. Ethics deal with a person’s values, beliefs, virtues, and relevance of duties in an organization or working environment. When ethics are subjected to analysis the relevance of behaving ethically or unethically differ according to moral reasoning set by a person’s background or cultural upbringing. For the discussion on ethics details will explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Further along in the ethics discussion will include one example of a company overstepping ethical boundaries for stakeholder agendas and what types of preventative measures could be taken to avoid this type of situation. The relationship of ethics in a social setting can require strategic planning based on the responsibilities an organization sets for employees providing different components in a social setting. The strategic responsibility in developing a strategic plan is set into motion by strong leadership in management that should provide a guideline for a strategic management process. Role of Ethics and Social Responsibilities The roles of ethics based on a person’s...
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...Value Alignment Value Alignment A person looking to work in any organization needs to make sure he or she has a grasp on personal values. Identify what is essential to one’s way of life and personal goals will help him or her choose the right organization to work for. One may be a hard worker, but they must decide if that is more important than their values of starting a family or being a good spouse or parent. If you are a parent it does not mean that you cannot work, but you need to decide where personal values lie. Organizations have values just like people. Organizational values include setting goals, hiring the right people, standards on work ethics, pay rates, and time off offered to employees. These values are set by the owners and managers of the company. They are not defined in one day but created over years. Just as important as setting and defining values, is finding the right employees share these values. Starbucks maintains a desirable position with approximately 18,000 stores worldwide of which nearly 13,000 are in the North America and 255 are in New York City. Following is an exploration of the many ways that Starbucks aligns the organization’s values in their plans and actions. Evolution of Personal and Workplace Values The origins of personal values start at home with family and culture. As individuals grow, their values may change to incorporate new ideas. Workplace values start with individual values and then integrate the organization’s values...
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...distinct ethics approaches, as discussed in this chapter, was Alcoa’s approach more compliance or integrity? Alcoa since its inception had a very strong values and the people itself enforce these values, all the employees knew clearly that all the decisions should be done according to the Alcoa’s Core standards. Since my point of view the corporate culture sets the ethical work climate of the firm as principle (integrity approach) because Alcoa expected personal morality from their workers, the rules and procedures with to be followed by the organizations, and laws and professional codes were to be followed in society. I would classify Alcoa’s ethical work climate one of high standards. Using Professor Paine’s ethics studies, Alcoa’s has an integrity based approach that combines a concern for the law with an emphasis on employee responsibility for ethical conduct. Employees are told to act with integrity and conduct their business dealings in an environment of honesty and fairness. That’s why O’Neill fired the manager, because none employee could have a misperception about the company values, even though this manager had a record of increased sales and profitability. The top management commitment played a significant role in developing the ethical work climate and organizational performance seen at Alcoa. In the 1990’s Paul O’Neil the CEO implemented the health and safety to the global ethics and compliance program (Lawrence & Weber, 2011). Alcoa had an ethics and compliance...
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...effort at developing a strong ethical culture? Management role is always vital in any work climate and in that respect the role that Alcoa played cannot be ignored. From the beginning the company incorporated their values and documented what they thought was relevant regarding health and safety of their employees. Furthermore, they devised a plan for employees to follow the codes of health and safety so the company could achieve their goal of providing for stakeholders. The company considered the U.S. Federal Sentencing Guidelines, and Sarbanes-Oxley Act with all of the basic elements included. 4. Can Alcoa's "values in practice" be adopted by other organizations as a universal set of ethical standards leading to ethical employee behavior? Measures that Alcoa implemented were crucial to setting a standard for universal ethical codes and enhanced the ability of each employee to act in an ethical way. Furthermore, by employees complying with polices and procedures set by Alcoa, this created an environment of success for all. Elements of ethics and compliance program include: • Publishing the Guide to Business Conduct and other directional documents; • Deploying global business conduct training and communications to all employees; • Managing the global Ethics and Compliance Line; • Administering the annual Business Conduct and Conflict of Interest Survey Certification that focuses on violations of the business conduct, insider trading, and anti-corruption compliance policies; ...
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...Burns & McCallister Mark Stone Ohio University Legal & Ethical Environment of Business -MBA-560-VC November 20, 2013 Burns & McCallister Ethics & Global Business Being a successful global business is a balancing act. It is easy to assume that what works in America will work abroad. Nothing could be further from the truth. Multi-national companies need to be aware of the unique set of values, customers and traditions of the foreign countries they wish to do business in. Some areas of international business ethics are easier to define than others. For instance when it comes to working environments it is easy to say child labor performed in unsafe and hazardous environments coupled with unreasonable working hours is wrong as it goes against the ethical treatment of human beings but is discrimination against women in business management equally as wrong? Let’s explore this question in more detail. The Dilemma The company Burns & McCallister has come under scrutiny from a series of reports by both the Los Angeles Times and the New York Times regarding their policy on female executives managing accounts in certain nations. This has been surprising since Burns & McCallister is known for their equal treatment of women. Working Mother magazine lists Burns & McCallister as one of the top fifty firms in the United States for employment of working mothers and by Working Woman magazine as one of the top ten firms for women. However, the dilemma...
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...Females evaluated unfavorably when they used e. a democratic leadership style f. a directive or autocratic style g. a goal-oriented style h. a situational style 3. Women were devalued when they worked in i. Female- dominated environments and when the evaluators were female j. Male-dominated environments and when the evaluators were men k. Male-dominated environments and when the evaluators were female l. Female- dominated environments and when the evaluators were men 4. While overall effectiveness did not differ for male and female leaders, comparisons of leader effectiveness favored men more under which of the following conditions: m. In a female-dominated setting n. In a male-dominated setting (particularly the military) o. In an equal dominated environment p. None of the above is true 5. Do Female and...
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...Business Ethics Across Cultures Article Review XMGT/216 Business Ethics Across Cultures Article Review The first article I reviewed was titled Islamic finance: Notion of stewardship imbues business ethics. The author discussed the global economic crisis of 2008 in Islam. He reviewed how the lack of training of Islamic employees in ethics contributed to the economic crisis. Several of the ethical lapses that occurred during the ethical crisis were caused by risk also known as gharar and gambling. Both gharar and gambling are banned by Islamic law (Smith, 2012). The author argues that religious beliefs not limited to Islam can influence more responsibility within a business’s leadership. Omneya Abdelsalam, the director of the El Shaarani Research Centre for Islamic Business believes the belief of god and his power brings an acute level of accountability and responsibility (Smith, 2012). The suggestion of Dr Abdelsalam is that the belief of religion has a direct power of the way individuals conduct business. Islamic businesses primary ethical perspectives are to fulfill social responsibility of the business to the best of its capabilities, have fair treatment for employees, care for the environment and customers, and fulfilling the obligation toward shareholders and other stakeholders (Smith, 2012). Challenges faced by Islamic businesses are the views of tangible assets and some principles. Cedomir Nestorovic, a professor of Islamic business and management states that...
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...Summary This case study presents about a chemical manufacturing joint venture in China that involves a German parent firm and its Chinese partner. The German firm has conflicts on different aspects with China in terms of industrial safety, business ethics, and the environment. The Chinese however was upset that they cannot use gift, commissions, and other bribes to favorite their customers to gain more potential customers from China. Disagreement has arisen over whether the joint venture should pay a commission to a potential customers purchasing agent in order to gain a larger piece of the market value in China. Liu’s role is not that of sales manager or HR administrator. His job is to be translator between the two firms, to explain the perspective and reasoning of the Germans in terms that his Chinese colleagues can understand, and conversely, explain the minutae of Chinese business in way that resonates with the German head office. Liu must be able to sell the decisions and policies of the German parent company back to the employee in China. Simply saying to employees that they are a part of global company is meaningless when many of them lack of overseas experience to give context to this statement. Liu must frame the company policies in terms that have meaning to the local Chinese employees. Almond should focus on gaining target customers such as large international firm that do not go after companies that insist on bribes and commissions. Liu plays a major role...
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...Ethics Reflection Paper July 13, 2015 Professor Carlos Pineda Ethics Reflection Paper The purpose of this paper is to explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholders needs. Included, in this paper will be a reflection on the author’s ethical perspective and how it has evolved. Ethics plays an essential role in both the business and social environment. Ethics reflects the morale beliefs and principles that demonstrate society’s opinion of an action performed by a group or individual that are considered right or wrong (Pearce & Robinson, 2013). Ethics and Social Responsibility Corporate Social responsibility is best defined by the concept that an organization has a commitment to serve society on an overall basis and to meet the financial interests of its stakeholders (Pearce & Robinson, 2013). A good practice would be to separate the needs of the inside and outside stakeholders as this would allow the organization to first determine the needs of each type of stakeholder and secondly meet their social responsibility. In order for an organization to have in a depth knowledge and range of social responsibilities that must be included in their strategic plan, the strategic managers must study the four types of social committee. The four types of social committee include: economic, legal, ethical and discretional social responsibilities (Pearce & Robinson, 2013). Economic responsibilities involves...
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... |COM/537 Version 1 | | |Organizational Communication | Copyright © 2011 by University of Phoenix. All rights reserved. Course Description This course prepares graduate students to apply written and oral communication principles to the roles they play as managers. Students will learn how to persuade a variety of stakeholders to commit to a proposal. Other topics include the role of perception in communication techniques, aligning communication to an audience, business justifications, presenting data, and ethics in organizational communications. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Spatt, Brenda. (2011). Writing from sources (8th ed.). Boston...
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...The Securities and Exchange Commission (SEC), responsible for deciding what accounting rules apply in the United States, involved in enforcing them (Norris, 2012). But, efforts have been under way for years to accomplish this convergence and in a number of areas they have been unable to reach agreements. Because of the expansion of commerce worldwide by many businesses, other issues have arose in this process, such as the need for common global regulation of banks and a need for a global set of ethical standards. In the 1970s, the Foreign Corrupt Practices Act (FPCA) sent a chill throughout the business community by criminalizing the act of making payments outside the US in pursuit of contracts (George, 2008). Making payments to obtain business is common practice in many developing markets and some companies feel that they need to “play the game” in order to compete. The fact that many US executives lobbied to relax these provisions, arguing that they were at a competitive disadvantage in bidding against non-US companies, has increased the ethics debate, in particular the need for a set of ethical policies that can adapt to the local...
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...their social responsibility in the business arena. What is clear is the need for businesses to act in a responsible manner, including implementing actionable measures that include environmental factors, community involvement, financial stability, and corporate sponsorships, as well as having senior leaders who are willing to accept accountability for the actions of the businesses in which they are leading. However, there remains conflicting definitions of ethical business behavior, and “ethics is, after all, not a recent discovery. Over the centuries philosophers in their struggle with human behavior have developed different approaches to ethics, each leading to different conclusions” (Drucker, 1981, p. 18), In other words, it is no surprise that what one business leader views as ethical may be viewed as unethical by another. Peter Drucker’s work was a hallmark that attempted to evaluate business ethics and how its definition could be applied to business models. The model of business ethics by Peter Drucker are clearly defined within the roles of...
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