Premium Essay

Bus 600 Wk 5

In: Business and Management

Submitted By jalharris
Words 777
Pages 4
News Article

BUS 600
Dr. Baldonado
November 28, 2013

Abstract
The success or failure of a company depends on a series of decisions made by the company’s leadership. Although there are companies that have had short term success by making unethical decisions history has demonstrated that a company tends to have more long term success when the leadership makes ethical decisions. A prime example is when Johnson & Johnson’s CEO in the 1980s made a series of ethical decisions that contributed to the success of the company. During the Tylenol crisis James E. Burke made decisions that cost the company a substantial amount of money in the short term to protect the public’s safety. In the long term Johnson & Johnson’s productivity increased and it is still a profitable company today.

A CEO’s decision making skills often have a direct impact on the success or failure of a company. Although there are many examples of unscrupulous business practices across industries this paper will examine a case where a CEO acted ethically. Specifically, it will discuss the impact of former CEO James E. Burke’s leadership decisions on his company Johnson & Johnson in the 1980s. Both the financial impact and the ethical impact of his decisions will be analyzed. James E. Burke’s heroic decision is a classic example of ethical leadership in action. In late September 1982 a twelve year old girl died after taking Tylenol painkillers (Fletcher , 2009) Later that day a postal worker died after taking the same drug (Fletcher, 2009). In less than a week seven people died and the only thing that linked them is that each of them had taken extra strength Tylenol(Fletcher, 2009). Investigators found that the Tylenol had been laced with very high levels of potassium cyanide (Fletcher, 2009). Although Tylenol generated seventeen percent of Johnson & Johnson’s net income in

Similar Documents

Free Essay

Bshs 441 Complete Class

...Neutral Facilitator (Mediator) BSHS 441 Week 3 Team Assignment Interview of a Social Service Agency on Their Use of Mediation BSHS 441 Week 3 DQ 1 BSHS 441 Week 3 DQ 2 BSHS 441 Week 4 Individual Assignment Paper Based on Literature Review BSHS 441 week 4 Team Assignment Interview With a Social Services Lobbyist BSHS 441 Week 4 DQ 1 BSHS 441 Week 4 DQ 2 BSHS 441 Week 5 Individual Quiz BSHS 441 Week 5 Team Assignment Presentation on the Use of Mediation within an Agency Setting BSHS 441 Week 5 DQ 1 BSHS 441 Week 5 DQ 2 Activity mode aims to provide quality study notes and tutorials to the students of BSHS 441 COMPLETE COURSE in order to ace their studies. Activity mode, BSHS 441 COMPLETE COURSE, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting), ACCT 344 (Entire Course) - Devry, ACCT 344 Final Exam Latest 2014 - Devry, ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 - Grantham, BA 225, BA 260, BA 265...

Words: 1003 - Pages: 5

Free Essay

Bshs 441 Entire Course

...Neutral Facilitator (Mediator) BSHS 441 Week 3 Team Assignment Interview of a Social Service Agency on Their Use of Mediation BSHS 441 Week 3 DQ 1 BSHS 441 Week 3 DQ 2 BSHS 441 Week 4 Individual Assignment Paper Based on Literature Review BSHS 441 week 4 Team Assignment Interview With a Social Services Lobbyist BSHS 441 Week 4 DQ 1 BSHS 441 Week 4 DQ 2 BSHS 441 Week 5 Individual Quiz BSHS 441 Week 5 Team Assignment Presentation on the Use of Mediation within an Agency Setting BSHS 441 Week 5 DQ 1 BSHS 441 Week 5 DQ 2 Activity mode aims to provide quality study notes and tutorials to the students of BSHS 441 ENTIRE COURSE in order to ace their studies. Activity mode, BSHS 441 ENTIRE COURSE, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting), ACCT 344 (Entire Course) - Devry, ACCT 344 Final Exam Latest 2014 - Devry, ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 - Grantham, BA 225, BA 260, BA 265 (Business...

Words: 1003 - Pages: 5

Free Essay

Leg 505 Assignment 5

...LEG 505 ASSIGNMENT 5 To purchase this visit here: http://www.activitymode.com/product/leg-505-assignment-5/ Contact us at: SUPPORT@ACTIVITYMODE.COM LEG 505 ASSIGNMENT 5 LEG 505 Assignment 5 - Recommendations to Manage Common Compliance Issues A guide to best practices for contract administration•Refer the following resources to complete this assignment: (http://www.acquisition.gov/bestpractices/bestpcont.html) As the Contract Officer, you know it is time to assemble a team to manage compliance of the contract. Create a PowerPoint presentation based on the scenario you created to bring the team you have assembled up-to-date on what has occurred thus far. Prepare a twelve to twenty (12-20) slide PowerPoint presentation with speaker notes in which you: Analyze the importance of roles and responsibilities of contracting officers and administrators. Identify the various options of administrative and judicial processes available and select the appropriate process to resolve the dispute. Analyze the importance of improving methods of creating contract schedules and using a compliance matrix in government contract situations. Present ideas for brainstorming with your team in order to develop a policy that explains the role the Contract Officer should have played in the dealings between the government and the contractor, from the time the contract was awarded through completion of the work. Recommend three (3) best practices (one [1] from each section...

Words: 1265 - Pages: 6

Premium Essay

Ldr 531 Week 3 Individual Leadership Style

...LDR 531 WEEK 3 INDIVIDUAL LEADERSHIP STYLE To purchase this visit here: http://www.activitymode.com/product/ldr-531-week-3-individual-leadership-style/ Contact us at: SUPPORT@ACTIVITYMODE.COM LDR 531 WEEK 3 INDIVIDUAL LEADERSHIP STYLE The paper has two parts. 1. Select and describe a leader you admire. Your selected leader may be either a real-life individual or a fictional character from television, the movies, or a book. Using leadership theories, analyze your selected leader to identify characteristics and provide specific examples of leadership qualities you think contributed to that person's success. 2. Evaluate your own leadership style and identify your own leadership characteristics in the same way ALONG with a plan to improve upon your leadership - which could include things likeundertaking specific training, joining professional association, seeking out situations at work or as a volunteer to develop your abilities.  1500 words  Format your paper consistent with APA guidelines  Evaluate your chosen leader and yourself, based on the leadership theories.  This is a graduate program paper. Use the texts and course readings to analyze/discuss leadership style and characteristics. The texts have specific theories and models of leadership style. How does the style of your selected leader compare to such models? How do you compare to such models?  Use two peer reviewed journal article in your discussion. There is a list of suggest journals in a posting...

Words: 1139 - Pages: 5

Premium Essay

Law 531 Week 6 Presentation

...LAW 531 WEEK 6 PRESENTATION To purchase this visit here: http://www.activitymode.com/product/law-531-week-6-presentation/ Contact us at: SUPPORT@ACTIVITYMODE.COM LAW 531 WEEK 6 PRESENTATION Prepare a Powerpoint presentation of no more than 15 minutes. In week 5, I will assign teams a set or multiple sets (depending on the number of teams) the Question #(s) to answer. Your presentation should explain to the class the answers to the following questions: Question 1: Explain the term of office for board of directors. Give an account of the director’s and corporate officer’s duty of care towards the corporation. Explain Self-dealing. And finally, What is the CEO and CFO provision laid out by the Sarbanes-Oxley Act of 2002? Question 2: Distinguish between general government regulation and specific government regulation. Explain in brief the types of federal administrative agencies with examples. Distinguish between substantive rules and interpretive rules. What is a statement of policy? When are searches by administrative agencies considered reasonable? And finally, How is the general public protected from harassment by administrative agencies? Question 3: What is the United Nation’s Biosafety Protocol for genetically altered food? Give an account of the regulation of medicinal devices in the United States? What are the powers of the Consumer Product Safety Commission? Name some consumer products excluded from the purview of CPSC. Question 4: Describe the purpose and...

Words: 1261 - Pages: 6

Free Essay

Bus 309 Wk 6 Quiz 5 Chapter 6 - All Possible Questions

...BUS 309 WK 6 Quiz 5 Chapter 6 - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-309-WK-6-Quiz-5-Chapter-6-All-Possible-Questions-BUS3096.htm BUS 309 WK 6 Quiz 5 Chapter 6 - All Possible Questions 1. In 2009 the FDA was empowered to regulate 1. Alcohol 2. Candy 3. Pornography 4. Cigarettes 1. Every year, consumer products electrocute approximately 1. 100 people a year 2. 200 people a year 3. 400 people a year 4. 600 people a year 1. The court case that established consumers’ rights to sue the manufacturer of products was 1. Roe v. Wade 2. Griggs v. Palmer 3. MacPherson v. Buick Motor Car 4. Brown v. Board 1. In 1972 Congress passed the 1. Consumer Produce Recall Act 2. Consumer Product Safety Act 3. Consumer Recall Liability Act 4. Consumer Product Liability Act 1. Had air bags been standard equipment in 1974, how many deaths might have been prevented? 1. 70,000 2. 80,000 3. 90,000 4. 100,000 1. When did a government agency begin testing candy for its potential to choke children? 1. 1987 2. 1997 3. 2000 4. 2003 1. Iacocca used to say “Safety doesn’t…” 1. Hurt 2. Sell 3. Corrupt 4. Produce 2. Cigarette fires are responsible for how many serious injuries a year? 1. 2000 2. 4000 3. 6000 4. 7000 1. The claim that a product is fit for its ordinary use is 1. An implied warranty 2. An explicit warranty 3. A condition of sale 4. A consumer risk 1. When manufacturers and retailers...

Words: 780 - Pages: 4

Premium Essay

Mgt 521 Week 2

...MGT 521 WEEK 2 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-2/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 2 week 2 complete 1- Complete the Effective Research and Writing at University of Phoenix Module. Save a screen shot of the completion screen as a Microsoft Word document on your computer once you finish the module. Click the Assignment Files tab to submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results.  How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals?  Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis?  How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. ...

Words: 2623 - Pages: 11

Premium Essay

Mgt 521 Week 5

...MGT 521 WEEK 5 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-5/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 5 Your manager tells you about a new department the company will be adding that is part of the company’s strategic plan to enter a particular market segment. Your manager would like you to manage one of the teams in this new department. Your manager has put together the team you will be managing. Your new team consists of the members of your current Learning Team. To be successful in the new market segment, your team must efficiently accomplish the goals set by the company. Your manager, therefore, would like you to develop a leadership approach for each team member on your team based on the theories of leadership and each member’s individual personalities. Write a memo to your manager of no more than 1,400 words in which you explain how you plan to successfully lead your team. Include the following:  Evaluate the individuals, including yourself, based on the personality assessment.  Evaluate the situation in terms of urgency, culture, and so forth.  Determine leadership approaches, based on individuals and the situation. Highlight the principles you have applied from various leadership theories. Format your memo consistent with APA guidelines. Click the Assignment Files tab to submit your assignment 2- Your Learning Team is a team of managers of a customer call center for timeshare vacations. Discuss, with...

Words: 2512 - Pages: 11

Free Essay

Bus 309 Wk 6 Quiz 5 Chapter 6 - All Possible Questions

...BUS 309 WK 6 Quiz 5 Chapter 6 - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-309-WK-6-Quiz-5-Chapter-6-All-Possible-Questions-BUS3096.htm BUS 309 WK 6 Quiz 5 Chapter 6 - All Possible Questions 1. In 2009 the FDA was empowered to regulate 1. Alcohol 2. Candy 3. Pornography 4. Cigarettes 1. Every year, consumer products electrocute approximately 1. 100 people a year 2. 200 people a year 3. 400 people a year 4. 600 people a year 1. The court case that established consumers’ rights to sue the manufacturer of products was 1. Roe v. Wade 2. Griggs v. Palmer 3. MacPherson v. Buick Motor Car 4. Brown v. Board 1. In 1972 Congress passed the 1. Consumer Produce Recall Act 2. Consumer Product Safety Act 3. Consumer Recall Liability Act 4. Consumer Product Liability Act 1. Had air bags been standard equipment in 1974, how many deaths might have been prevented? 1. 70,000 2. 80,000 3. 90,000 4. 100,000 1. When did a government agency begin testing candy for its potential to choke children? 1. 1987 2. 1997 3. 2000 4. 2003 1. Iacocca used to say “Safety doesn’t…” 1. Hurt 2. Sell 3. Corrupt 4. Produce 2. Cigarette fires are responsible for how many serious injuries a year? 1. 2000 2. 4000 3. 6000 4. 7000 1. The claim that a product is fit for its ordinary use is 1. An implied warranty 2. An explicit warranty 3. A condition of sale 4. A consumer risk 1. When manufacturers and retailers...

Words: 780 - Pages: 4

Free Essay

Mkt 506 Week 9 Assignment 4 Strayer New

...campaign to address a world issue Benetton wants to draw attention to. Write a ten to fifteen (10-15) page paper in which you: 1. Copy or re-create the picture advertisement and include it on the title page. 2. Craft a message for this image and its appeal to the public on behalf of Benetton. 3. Define the goal of this campaign and the targeted audience with supporting rationale. 4. Develop a model for the advertisement strategy you will use and briefly discuss each stage of the model. 5. Formulate an integrated marketing communications plan that communicates the message to the targeted groups. Within this plan, be sure to address: 1. The technologies used along with expected benefits of each. 2. How the message and goals will be promoted. 3. Decipher and select at least two (2) types of individuals, groups, companies, etc., that you reach out to gain support for the campaign. Be sure to discuss the expected benefits that accompany each external partner you identified. 4. Use at least five (5) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements:  Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format....

Words: 1517 - Pages: 7

Premium Essay

Bus 375 Wk 10 Chapter 17 Quiz - All Possible Questions

...BUS 375 WK 10 Chapter 17 Quiz - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-375-WK-10-Chapter-17-Quiz-All-Possible-Questions-BUS37510.htm BUS 375 WK 10 Chapter 17 Quiz - All Possible Questions CHAPTER 17: (E) 1. The two primary components of a risk are: A. The event and the probability B. The probability and the impact C. The impact and the event D. The impact and the amount at stake (M) 2. Risk constitutes a lack of knowledge _____. A. Of future events B. About the environment C. About the estimates D. About the customer’s requirements (E) 3. Which of the following is not included in risk management? A. Risk planning B. Risk Assessment C. Risk handling D. All of above are part of risk management (E) 4. Proper risk management is reactive rather than proactive. A. True B. False (E) 5. If there’s a 40% chance of making $1 million and a 60% chance of losing $600,000, then the expected monetary outcome is. A. B. C. $360,000 D. (M) 6. The process that identifies, evaluates, selects and implements one or more strategies to set risk at an acceptable level is: A. Risk planning B. Risk assessment C. Risk handling D. Risk monitoring and control (E) 7. An objective source for risk identification is: A. Lessons learned files B. Program...

Words: 749 - Pages: 3

Premium Essay

Bus 375 Wk 10 Chapter 17 Quiz - All Possible Questions

...BUS 375 WK 10 Chapter 17 Quiz - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-375-WK-10-Chapter-17-Quiz-All-Possible-Questions-BUS37510.htm BUS 375 WK 10 Chapter 17 Quiz - All Possible Questions CHAPTER 17: (E) 1. The two primary components of a risk are: A. The event and the probability B. The probability and the impact C. The impact and the event D. The impact and the amount at stake (M) 2. Risk constitutes a lack of knowledge _____. A. Of future events B. About the environment C. About the estimates D. About the customer’s requirements (E) 3. Which of the following is not included in risk management? A. Risk planning B. Risk Assessment C. Risk handling D. All of above are part of risk management (E) 4. Proper risk management is reactive rather than proactive. A. True B. False (E) 5. If there’s a 40% chance of making $1 million and a 60% chance of losing $600,000, then the expected monetary outcome is. A. B. C. $360,000 D. (M) 6. The process that identifies, evaluates, selects and implements one or more strategies to set risk at an acceptable level is: A. Risk planning B. Risk assessment C. Risk handling D. Risk monitoring and control (E) 7. An objective source for risk identification is: A. Lessons learned files B. Program...

Words: 749 - Pages: 3

Free Essay

Bshs 312 Complete Class

...312 Week 3 Learning Team Assignment Presentation on a Model or Theory of Helping BSHS 312 Week 3 Learning Team Assignment Report on Behavioral Tools BSHS 312 Week 4 Discussion Question 1 BSHS 312 Week 4 Discussion Question 2 BSHS 312 Week 4 Learning Team Assignment Paper on Cognitive Interventions BSHS 312 Week 5 Discussion Question 1 BSHS 312 Week 5 Discussion Question 2 BSHS 312 Week 5 Individual Assignment Paper on Personal Model of Helping BSHS 312 Week 5 Learning Team Assignment Report on Family Systems Tools BSHS 312 Week 5 Learning Team Assignment Annotated Bibliography Activity mode aims to provide quality study notes and tutorials to the students of BSHS 312 COMPLETE CLASS in order to ace their studies. Activity mode, BSHS 312 COMPLETE CLASS, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting), ACCT 344 (Entire Course) - Devry, ACCT 344 Final Exam Latest 2014 - Devry, ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 - Grantham, BA 225, BA 260, BA 265...

Words: 480 - Pages: 2

Free Essay

Nsci 280 Anatomy and Physiology 1 Complete Week 1

...the plasma membrane? 2. Differentiate among intracellular, extracellular, and intercellular. 3. List three ways that substances can move across the plasma membrane? Week 1 Quiz worksheet 1 worksheet 2 Click Here to Buy this; http://www.coursehomework.com/product/nsci-280-anatomy-and-physiology-1-complete-week-1 Course Home Work aims to provide quality study notes and tutorials to the students of NSCI 280 Anatomy and  Physiology 1 Complete Week 1  in order to ace their studies. Course Home Work - Best Home Work Tutorials NSCI 280 Anatomy and Physiology 1 Complete Week 1 Course Home Work, NSCI 280 Anatomy and  Physiology 1 Complete Week 1, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting),  ACCT 344 (Entire Course) - Devry, ACCT 344 Final Exam Latest...

Words: 522 - Pages: 3

Premium Essay

Mgt 521 Week 3

...MGT 521 WEEK 3 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-3/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 3 MGT 521 Week 3 Career Plan Building Activity Reasoning Aptitude,MGT 521 week 3 organizational planning,Week 3 Quiz, Reflection A++ GRADED!!! Navigate to the My Career Plan in Phoenix Career Services through the My Career Plan link. Complete the Career Plan Building Activity: Reasoning Aptitude. Review the Reasoning Aptitude results page.  Add tips to your career plan by selecting the opportunities tab and click the “tips” next to the competency you want to add to your career plan.  Click the “my career plan” tab on top of your page to view your populated career plan. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Reasoning Aptitude.  What do your results tell you about your individual thinking style or your thought process range?  How does knowing this information and your Competencies and Work culture Preferences help you to understand how work is done in teams?  What adjustments can you make to your own teamwork style based on your Career Plan Building Activities? Click the Assignment Files tab to submit your assignment. 2- Review the example SWOT Analyses located in this week’s Electronic Reserve Readings to see the types of information companies include. Complete the following tasks in the University of Phoenix Material: Organizational Planning...

Words: 1795 - Pages: 8