...Problem The Role of Ethics and Social Responsibility when developing a strategic plan - consider stakeholder needs Ethics paper: write 700 - 900 word paper in which you do the following: explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. *include at least 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. Solution Loss of employment and retirement funds, double bonuses, tax evasion, and the dark side of office politics are some of the challenges affecting organizations like a virus causing professionalism and efficiency to be questioned. Walker and Lanis (2009) found that an organization influences and is influenced by the society within which it operates (Cengage, 2009); therefore, an organization needs to take into consideration issues such as product safety, regulations, legal, ethical and economic responsibilities to the society within which it functions. One of the methods which could be used to do so is to integrate ethical and socially responsible techniques in an organization’s strategic plan whilst taking into consideration the needs and agendas of stakeholders. This concept is supported by Drozdenko, and Jin (2010) who suggested core values and beliefs exhibited at the strategic level influences decision making and outcomes throughout an organization. The...
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...Abstract The purpose of this paper is to identify and examine social and ethical issues within the global market. This document will also review how international management and cultural diversity are pertinent to the success of an organization that is operating in a foreign country. Based upon the above mention, this paper will focus on examining and providing frameworks and strategies that implement the concept of corporate social responsibility and cultural diversity. A number of factors are identified in the study, using literature reviews and numerous online research engines. Introduction Business firms that operate in foreign countries face an assortment of ethical and social challenges. These challenges run from fair treatment of employees, stakeholders, and customers, product safety, plant safety, advertising practices, human resources management, environmental problems, business practices, corruption, bribery, kidnapping, torture, and even murder. Therefore, organizations are increasingly concerned about how their actions affect the environment and social welfare. This in turn creates a demand by employees, consumers, investors, lenders, governmental agencies, and other stakeholder groups for demanding firms to operate in an ethical and socially responsible manner. Nevertheless, organizations cannot wantonly abandon their profit maximization aims while internalizing societal goals. As with other organizational decisions, ethical and social...
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...This paper concerns creation of value by a firm through the improvement of customer relationships. In today’s world of competition it has become a major concern for firms to create and maintain value. A firm has to offer goods and services at prices and conditions that make them unique and favorable. This will offer a survival tactic which has economical considerations and not illegal in any way. This could be implemented through performing exceptionally to increase profit. Additionally, some value should be created for the customer. The customer forms the backbone of any industry. Good investment should be directed towards identifying who the potential customers are, their nature and creation of value for them. The firm needs to publicize itself to the fullest. The awareness that the customer is given concerning the firm should quantify the firm as the most excellent in the marketplace. It is a noble idea for a firm to take good care for the customer and ensure their needs are met satisfactorily. The benefit will be worthy it. As a beginning point a firm will set out to win customers loyalty. When the firm sees a value from the customers perspective this works to create some reliable loyalty. A rapport of trust existing between the customer and the firm is the way to go in the world of business (Ulaga, 2001). A product designed to satisfy the needs of the customer at lower cost works extraordinarily in customer satisfaction. It is the obligation of the firm to ensure that...
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...Siemens AG Bribery Scandal This paper will focus on the analysis of the well-known and popular bribery scandal in the world, such as Siemens AG Bribery Scandal which occurred in November, 2006. Siemens AG is one of the largest and most popular electrical engineering companies operated in the world. The present company was founded in 1847 in Berlin and is now headquartered in Munich, Germany. The discussion and the proper analysis of this bribery scandal will help to learn many effective lessons from this situation helping organizations and individuals to avoid such cases and experiences in the future. Siemens was considered one of the most powerful and productive companies in the field of electronics and that bribery scandal surely affected its business and popularity in the world greatly. It was difficult to understand the underlying causes of this bribery scandal, especially on the part of such large, successful and popular company known not only in Germany but also all over the world. In fact, several employees and even executive board members were charged guilty in this scandal and imposed huge monetary fines for illegal and unethical behavior harming the business of the company greatly. Brooks and Dunn stated that the company developed a corrupt organizational culture “in which hundreds of millions of Euros were put into slush funds that were then used to pay bribes in order to obtain lucrative contracts” (Brooks and Dunn 290-291). There were several cases of such bribery...
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...Products Liability Research Paper Tonya Bailey Strayer University LEG 500---Law, Ethics, and Corporate Governance Professor Lynn Macbeth June 2, 2012 Products Liability Introduction As consumers, we purchase products that we feel are beneficial to us in some way or another. The products that we decide and choose to purchase are solely up to the individual. If there is a problem or accident that may occur a result with use of that product, then the consumer is liable. But producers and manufacturers are not exempt being that it is there product, and this is where legal liability issues occur. “Product liability refers to the responsibility of manufacturers for injuries and damages caused by their products” (Hellriegel & Slocum, 2011, pg. 52). In this paper, I will examine the Toyota Motor Company and how this company has been the subject of a product liability lawsuit. First, I describe the company and the product safety issue that led to the lawsuit. Next, I will discuss the legal theories used by the plaintiff to recover in this lawsuit, how the lawsuit was resolved, and why I agree with the decision in the case. Then, it will be relevant to mention the changes that have taken place in the company to ensure greater safety of this product or its products, including specific policies that the company has put in place to protect consumers and end users who purchase and use its product. Afterwards, I will discuss the regulatory agency that oversees the particular...
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...1974 to protect individuals, the public and industry players from manipulation, fraud, and potentially abusive practices while at the same time fostering competitiveness, openness and creating markets that are sound (Teall, 2012). There are four basic elements of a contract as Miller (2012) writes. The first important requirement in the formation of a contract is an agreement. In an agreement there should be a party that offers to enter into the legal agreement and another one that accepts the terms of the offer placed. The terms of the contract should contain wording that allows meeting of the minds of both parties that allows them to consciously read and or understand what is in store for them before they can agree mutually to proceed with the agreement. Secondly, a consideration should be made in the value of the actual cost of what is being agreed upon. This consideration can be in the form of love and affection, money (legal tender), goods, services, or any form that the law has a capacity to recognize as a legal way of executing this contract. In addition to an...
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...Abstract In this paper, I will analyze a video that addressed the issues of electronic surveillance of employees. I will explain if workers can reasonably get privacy in the workplace, the difference between an open and enclosed office area, if Herman’s need for electronic surveillance is a sufficient reason, how an employee can engage in electronic surveillance, and finally explain to what extent the inclusion of innocent, unaware third parties in such surveillance is legal. In the conclusion I will explain how important these five questions are, why it is important to understand these questions and finally how it is important to understand and answer the questions so we can be clear about the issue. Explain where an employee can reasonably expect to have privacy in the workplace. There are not a lot of places employees can go to have privacy, unless they are leaving the workplace doing their lunch hour and going somewhere to be alone. Privacy for employees is hard when you are working in a public environment. In the video Electronic Surveillance of Employees, Herman is the boss at a car dealership and he has an enclosed office. He can close his door whenever he needs some privacy. The other two employees, Tony and Shelly, have a cubical and are in an open workspace. Pursing this further, managers in a fast food restaurant work closely with their employees. During the rush hours, which normally occur from 11:00 am – 1:00 pm, managers are working closely...
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... follow direc7ons Tuesday, January 15, 13 4 (I am trying to help you get prepared for the real world) 1. All email goes to this email address only: barnesjw@seaEleu.edu 2. Meet the deadlines. One email message said, “Hey professor, sorry I was traveling.” 3. Save papers with your name, class name, and assignment name in the file name. Example: John Doe, MGMT 280, Nonverbal Assessment. Do not save your papers with file names such as: “paper” “first paper” “MGMT 280” “nonverbal paper” “280 paper” 4. All email messages must have an email signature. Tuesday, January 15, 13 5 A Review of the Basics Library Review Tuesday, January 15, 13 6 Focusing on Interpersonal and Group Communication And Nonverbal Communication Tuesday, January 15, 13 7 Today: Class 3 • Read Chapter One in the ...
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...Foundations of Social Work Practice (SW 520) Journal #1 Debra Colter October 17, 2015 Professor R. Varghese In generalist social work practice, the systems perspectives use a planned model of change to clarify how individuals, families, groups, organizations, and communities function within their environment. This model is based on theory, problem solving, planned change, ethical principles, social work values, roles of professional practitioners, and competence in following through with effective intervention strategies. The dynamics of individual environment can be described using the micro, mezzo and macro framework. ( Kirst-Ashman & Hull, 2015). In this paper, I will use myself as the individual, my functions within groups, organizations, and my community utilizing the systems perceptive. Individual systems entail all the many aspects of personality, emotion, beliefs, behavior, interest, goals, strengths, and weaknesses that make a person unique. (Kirst –Ashman & Hull, 2015). As an individual, I am a productive single parent of five children, that possess a bubbly personality which seems to draw and a lasting effect on others. My interest in social work began in my early years while observing my mother care for children within our community. As I began my educational journey my set goal was to become a social worker. However, because of unforeseen circumstances which entailed me becoming a parent, I was forced to put my goals and dreams on hold....
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...Shanti Business School PGDM Batch 2015-17 Semester II Course Outline 1 Shanti Business School, Ahmedabad PGDM 2015-17: Program Structure Semester-1 Semester-2 Semester-3 Semester-4 Course credit Course credit Course credit Language Skills @ Written Analysis & Communication @ Soft skills II @ Employability Skills @ IT & MIS 2 Soft skills I @ Computing skills 2 Social Media Marketing @ 2 Legal Aspects of Business 2 Business Strategy 3 Management Control Systems 3 Micro Economics 3 Macro Economics 3 Business Environment 3 Business Ethics & Corporate Governance 2 Quantitative Methods-1 3 Business Research Methods 3 Quantitative Methods-2 3 Core Elective-1 3 Core Elective1 3 Core Elective-2 3 Core Elective2 3 Elective-1 3 Elective-1 3 Elective-2 3 Elective-2 3 Grand Project-1 3 Grand Project-2 3 Principles of Management Basic Building Blocks Autumn Break Executive Skills Organisational Behavior Human Resources Management 3 Marketing Management 1 3 Marketing Management -2 3 Understanding Financial Statements 3 Financial Mgt 3 Operation Management Management Domain 3 3 Basics of Business Planning 2 Electives Credits Autumn Break credit SUMMER INTERNSHIP Course ...
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...Running head: CASE ANALYSIS FOR INTERNATIONAL PAPER Case One: International Paper Lisa Pallock MKT 2300 September 20, 2014 1. Give some examples of how International Paper defies the common social criticisms of marketing as discussed in class. In the literature, no prices or packaging information was provided. International Paper defies common social criticisms of marketing regarding commercial noise. They do not practice aggressive advertising considering a large part of the population has yet to hear of this socially responsible organization. Also, International Paper does not experience an unnatural state due to false wants and too much materialism. They achieve this by keeping society’s welfare very close in their decision making. 2. Analyze International Paper according to the Pyramid of Corporate Social Responsibility. The first level of the pyramid is the economic level and states be profitable. International Paper has certainly met this requirement selling $25 billion last year, placing itself in the 105 slot on the Fortune 500 list. The second level is legal responsibilities and is focused on obeying the law. This company takes many steps to aid the environment, including cutting hazardous waste 8% in a two-year period, keeping it well in line with EPA restrictions (Case Analysis, 2012). Next, be ethical. David Struhs, vice president of Environment, Health and Safety said International Paper has been routinely sharing environmental, economical...
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...normal. To reverse the damage, the firm asked the medical facilities that had any unused product to return them to the company for credit. Additionally, Jumpstarter Inc. advised practitioners to remove any device that had already been implanted in the patients. Bob Hartley, a physician that had used the product in some of his patients, had to perform some serious open-heart surgeries to remove the pacemaker to correct any problems. Following the settlement negotiations between Hartley and the company, the practitioner sued Jumpstarter Inc. Bob claimed that the firm could have made their product safer through reliable tests as well as the use of substitute designs. This paper presents a case for Hartley against Jumpstarter Inc and the theory that he can use to recover from the company. Additionally, the paper presents the defenses the accused can apply in the case. Plaintiff Bob Hartley can recover from the company if he would stand in the theory of implied warranty. According to the theory, a promise made to a consumer from the operation of the law means that a product that is sold would be fit and merchantable to the purpose of its sale. In this case, the theory comes in two basic assertions, which are fitness and merchantability (Murthy & Blischke, 2006). In merchantability, the contract between the buyer and the seller is unspoken and unwritten, which guarantees the consumer that purchased goods adhere to the acceptable standards of care. Additionally, the goods should...
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...Behaviour Accounting for Management Quantitative Techniques Managerial Economics Business Communication Information Technology for Management Viva Voce Total Course Title 5 5 5 5 5 5 5 2 37 Credits Second Semester Course Code Contact Hours: 34 Hrs Load Marks Distribution Allocation L T P Internal External 4 1 40 60 4 1 40 60 4 4 4 4 3 27 1 1 1 1 6 40 40 40 40 40 280 60 60 60 60 60 50 470 MBA 201 MBA 202 MBA 203 MBA 204 MBA 205 MBA 206 BTHU 101* MBA 207 Business Environment Production and Operation Management Human Resource Management Marketing Management Financial Management Research Methodology Human Values and Professional Ethics Viva Voce Total Course Title 5 5 5 5 5 5 3 2 35 Credits Third Semester Course Code Load Allocation L T P 4 1 4 4 4 4 4 3 27 1 1 1 1 1 6 Marks Distribution Internal 40 40 40 40 40 40 100 300 External 60 60 60 60 60 60 50 450 Contact Hours: 32 Hrs. MBA 301 MBA 302 MBA XXX*** MBA XXX*** MBA XXX*** MBA XXX*** MBA 307** MBA 308 Management Information System Corporate Legal Environment Specialization I Specialization II Specialization -III Specialization -IV Presentation on Training Reports Viva Voce Total 5 5 5 5 5 5 2 2 33 2...
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...The Legal Environment & The Hiring Process La Toya Wright ENM 356 March 1, 2014 Dr. J. F. Ford From a human resources perspective, the hiring process is very important. There are so many factors to be taken into account when deciding how to hire someone for an opening in a company. Recruiting is a necessary party of any company's expansion efforts. But, there are a number of legal considerations in the recruiting process. Job postings, interview questions, checking references, and making hiring decisions / job offers all need to be done in a manner that decreases risk to the business. In fact, it is possible to ask unlawful or even discriminatory questions without realizing it. For example, employers are forbidden from discriminating on the basis of race, ethnicity, religion, marital or family status, physical or mental disability, gender, age, and possibly sexual orientation. The main thrust of all employment discrimination laws is to make it illegal for employers to treat employees or applicants adversely on the basis of something about themselves that they cannot change, or should not be expected to change. Such factors are called "immutable characteristics". For example, one cannot change one's race or color, gender, age, or national origin, cannot readily change one's disability status, and should not be expected to change one's religion, as a condition of getting or keeping a job. There are quite a few laws set in place to protect people in the hiring process:...
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...of drones, there is a great deal of interest in both public and private sectors in expanding drone usage. As drone use evolves in the United States, there are many legal ramifications to consider. This paper discusses current drone use, the future of drones, and the legal issues involved. Government Drone Use Drones or Unmanned Aerial Vehicles (UAV) have shifted the defense landscape not only in the US but also across various other nations. It is an additional layer of defense strategy that deviates from the traditional methods employed thus far. Although they may be used in strategically planned strikes, their primary purpose is in intelligence, surveillance and reconnaissance (ISR). The US amongst other countries has been spearheading the advancement and use of this growing technology for the last decade. The Department of Defense operates approximately 8000 of these vehicles in their fleet. The use of drones by the US department of Defense is only one arm of the several other that is operated by the government. Customs and Border Protection Agency, Homeland Security, State fire departments and police departments are other significant users of this controversial technology. Another important aspect to note is the interdepartmental use that is attracted much scrutiny in the recent times. There are very real legal and ethical concerns regarding drones and the Obama administration is working hard on establishing solid policies addressing their governance given the extensive...
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