Business Policy
November 10, 2010
Anatomy of a Corporate Takeover
What did you think of this video?
I think this video is a very informative series addressing ethical situations and dilemmas. As a business major it is very important to understand the challenging issues you will be faced with as you embark on the career path into corporate America. The video examines ethical conflicts and gives students a background the tradition of ethics. When there is always so much being said and written about the decline of ethical behavior in our country, a series like this was a appropriate effort to alleviate confusion over what we have a right to do and what is the right thing to do.
What questions are being addressed? …show more content…
Does the government have a role to play in this game of high finance? Also, with large amounts of money changing hands, what ethical concerns surround this issue? While consumers and producers in the world make most decisions that mold the economy, government activities have a powerful effect on the U.S economy. The federal government controls the general pace of monetary activity, attempting to preserve steady growth, high levels of employment, and price stability. By changing spending and tax rates or running the money supply and maintaining the use of credit, it can slow down or speed up the economy's rate of growth. As a result, it affects the level of prices and employment. With the rising focus on globalization of the financial system, ethical issues are often submerged by the objective of increasing success. Ethics covers an extensive area in …show more content…
The leaders of an organization or company must be determined to follow, a personal and business code of ethics. As a whole I believe we learn from examples, not by from what people tell us to do. The importance of ethics in business is that it sets the tone for a business’s success or failure. Ethical conduct is a very private matter, which requires that a person be honest and truthful in all business dealings. Since ethical behavior is so personal, it is unlikely to be given any acknowledgment. While there are many awards for corporate social responsibility, awards that recognize ethical behavior are rare. A well-communicated dedication to ethics sends a influential message that moral behavior is measured to be business essential. Companies, led by top management, are increasingly adopting ethical codes of conduct. As ethical performance comes to the forefront, more and more companies will be taking steps to make certain that the ethics of their corporation and its employees are