Ferrell, O. C., Ferrell, L., & Fraedrich, J. (2011). Business ethics: Ethical decision making and cases. (8th ed.). Mason: South-Western CENGAGE Learning.…
Interwest Healthcare Corp. is a non-profit organization. This organization has not been doing well in the healthcare industry for the last couple of months. Interwest’s CFO found that the employees are not giving full concentration while data entry. Interwest continuously making wrong report and for this reason it deprived of getting federal funds from Government, which is a huge loss for them. The CFO Mr. Sing addressed the problem and managed a meeting with the employees including the CEO in order to fix the problem; but, the result is zero. Moreover, the employees said Mr. Sing is not taking care of patients. The CEO feels pressure do not maintain the commitment he made with the high authority of the company. Finally, in order for properly manage the company; the CEO hired a consultant with respect to get a constant decision that arises daily.…
Discussion Questions 1. Evaluate this situation from the view point of David Edmondson’s ethical leadership. What could Radio Shack have done differently? In this world some people want money and power. To gain these two things often people choose the wrong ways. David Edmondson is one of them, because he cheated on his resume. David Edmondson is a fraud that means he is not an ethical leader at all. Because of Edmondson’s cheating his company RadioShack faced losses, so he didn’t do ethical leadership in his workplace. If a manager cheats, lies, steals, manipulates, take advantages of situations, or treat others unfairly that is not an ethical behavior. That is called unethical behavior. We can see lying on David Edmondson’s case, so we can say that he didn’t behave as an ethical leader. According to the text, “Ethical leadership is known as our core values and having the courage to live them in all parts of our life in service of the common good.” Before entering to a company a manager should know what is ethical leadership. If a manager doesn’t know what ethical leadership is, then he/she will never fulfill their job properly. If a manager doesn’t have knowledge about ethical leadership then he will do unethical things in a company. Also, unethical leadership can create many problems, such as ethical lapses and social irresponsibility. To prevent all of these things in an organization we have to give ethics training, independent social audits and also give knowledge about formal protective mechanisms.…
This paper will obtain information about a researched issue that deals with business ethics. The paper will include a summary of the Article and issue. This paper will also touch on the following topics, what seems to be the basis of the issue, what ethical change, deficiency, or conflict brought it about, and how did the organizational leadership come into play. The paper will conclude by proposing a plan for revising the ethical standards and communication of these standards in order to resolve the ethical issue. “Chalace Epley Lowry started working at Wal-Mart Stores (WMT) as an administrative assistant in the communications department, on Jan. 2 of the year 2008; she went through a day-long orientation with a heavy emphasis on ethics. Chalace stated that, "We were told that even if we see something that has the appearance of something unethical we should report it”.…
Businesses should be run using a set of simple ethical guidelines that will help ensure the cases like Iverson’s do no happen to them. If Iverson had followed the practical steps of the WPH Framework for Business Ethics, he would not be in his current predicament. When making an ethical decision for the company, the managers should consider three groups outlined in the WPH Framework for Business Ethics: Who the decision will affect, what purpose the company is pursuing, and how the business will meet the action-oriented business behavior.…
References: BSR Staff. (n.d.) Overview of Business Ethics, Retrieved on March 13th 2003, from http:/…
A Web quest Go to HYPERLINK http//www.politicalcompass.org www.politicalcompass.org and click on take the test. Take the test to find out where you land on the political compass and plot it here My Political compass Economic Left/Right 0.25 Social Libertarian/Authoritarian 0.87 Q Do the results surprise you Why or why not A No, they do not surprise me, because I dont really know a lot about political issues, they dont really spark my interest. However I do feel that the people of this nation deserve fairness and equality. Q Who does it say your views are similar to A My views were very similar to an authoritarian Q You have decided you would like to run for the Missouri City Council. What are the steps you need to take (What application When is the election) A The Election is November 3, 2015 Research elected positions that are going to be vacant in the next elections such as mayor, city trustee or councilperson. Determine which position to run for and where one stands a good chance of winning. Know other candidates, as you will be running against them and maybe serving with them. Get endorsements from influential figures and other reputable local people as early as possible. Do some homework. Research the history of the city, its demographics, action of predecessors and current events. Be prepared for formal and informal interviews. Attend school board meetings and other meetings that discuss issues affecting the council. Before establishing a campaign platform, get information about the council by reading local dailies and talking to locals. Find out the issues that concern individuals within the locality. People running for council seats should understand that their lives will be on the limelight and understand the ramifications of such situations. They should discuss their decisions with family members because their lives will also be radically altered. Practice public speaking. Practice speaking in front of large and…
point one may note that men must be either pampered or annihilated. They avenge light offenses; they cannot avenge severe ones; hence, the harm one does to a man must be such as to obviate any fear of revenge.…
4. How does Machiavelli’s advice concerning the prince’s conduct in chapters 15-19 conflict with the advice previous writers would have given?…
Ethical standards in business are important for every leader to know and understand. The book Ethics 101: What Every Leader Needs to Know by: John C. Maxwell discusses ethics in the world today. When people make unethical choices, the reason they do because of three main pitfalls. People do what is most convenient to them, people tend to do what they must do to win, and people rationalize their choices with relativism. In this summary, Maxwell’s definition of business ethics will be framed, examples of ethical standards and guidelines, the meaning and contrast of ethical thinking and ethical behavior, and how to avoid these major pitfalls to live an ethical life. The author’s definition of ethics is very basic and straightforward. “There’s no such thing as business ethics – there’s only ethics. People try to use one set of ethics for their professional life, another for their spiritual life, and still another at home with their family. That gets them in trouble. Ethics is ethics. If you desire to be ethical, you live it by one standard across the board.” (Maxwell, 1) Maxwell names this one standard as “The Golden Rule.” An ultimate goal to be used to guide and to help people find the way to live and work ethically and in doing so, achieve greater success in their lives. To begin the path to “The Golden Rule” each individual must look at how they chose to live their lives in any aspect of their life. To start this thought, think about the way you as an individual want to be treated. People want to feel valued. “There isn’t a person in the world who doesn’t want to be valued by others.” (Maxwell, 29) Secondly, people want to feel that they are appreciated. To start this effort, let people know they are appreciated by thanking them for all of…
Ethics and moral obligation are something that we all encounter at one time or another. Even in a professional setting, all persons should act in a manner that would uphold the good of society. Why is it that good, ethical and moral behavior is not always adhered to? Is it because some people do not understand ethics and what it means to be ethical? To be ethical, one has to decide between right and wrong, determine what is for the betterment of society and act accordingly. Ethics have three basic criteria that must be met obligations, moral ideas, and consequences (Ruggiero, 2004). Businesses have their own code of ethics and the individuals within that business have to determine whether or not they will follow that code of ethics. Ethical behavior in business is consistent with the principles, norms, and standards of business practice that have been agreed upon by society (Trevino & Nelson, 2004). At times, however, an individual decides to go against the code of ethical behavior for personal gain. This was just the case in the article researched by Team A.…
and could be illegal. Bank of America is one of our nation’s largest banks that has throughout its…
In this case, there are several stakeholders including Borries, the manager, Borries' colleagues, Borries' girlfriend (Swee Lan), Swee Lan's family and the client. In the following part, it will be mainly focus on two main stakeholders - Borries and manager who are facing ethical dilemmas. What are the ethical dilemmas and what choices are available to them.…
1. Advantages and disadvantages of ethics in business. [Apakah kebaikan dan keburukan mengamalkan etika dalam perniagaan?]…
After completion of this topic, you will be able to: 1. Describe the main ethical theories and apply it to business scenarios…