Indian Culture‚ Ethics and Values-based Management PGP IInd Year Individual Assignment Submitted by – KIM Question (A): Describe an ethical failure by an organisation on an important business decision and its adverse downstream consequences. ETHICAL FAILURE BY SAMSUNG Samsung Electronic one of the largest multi-billion dollar corporations in the world recently found itself on the wrong side of ethical behaviour. In 2010 Samsung Electronic exceeded the $150bn mark in the annual sales
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Thinking back to some of my favorite past jobs I have had‚ were because of great supervisors. Nothing can make a job terrible like an ineffective supervisor. Having an ineffective supervisor can create a bad working environment which can negatively affect work and make unhappy employees. Three attributes of an ineffective supervisor is not following through‚ playing favorites‚ and unprofessionalism. As a result of not following through‚ employees do not care about the work they do. For example
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workforce diversity can help any country advance‚ because work diversity includes many aspects‚ such as age‚ gender‚ nationality etc. For the age diversity‚ the country’s workers can not only the young person‚ and also can’t only old person‚ because old worker have more work experience‚ they can help young people grow up fast‚ but old worker always have fixed mind-sets‚ so the young people can bring the spirit of innovation‚ they complement each other and learn from each other‚ they can improve together
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The Price of Unethical Behavior The Price of Unethical Behavior Tyco International as a whole was no different any other company in that it contained a chief executive officer (CEO) that wanted to achieve success. But at some point that success turned into greed. Dennis Kozlowski began working for Tyco in 1975 and was named the CEO in 1992. Kozlowski had a reputation for being aggressive in his field and during his tenure at Tyco was named one of the “Top 25 Managers of the Year” and became
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Wendy‚ the supervisor‚ has been in her position for the last 5 or 6 month. She heard the previous supervisor was “pretty strict”; the cause of Darla’s behavior might be the former supervisor. It seems like Darla is afraid of making mistakes‚ maybe the previous supervisor was harsh on her when she made a mistake. Or‚ perhaps the previous supervisor was a micromanager that wanted to be informed of every step of her work because Wendy states that Darla “won’t go ahead” and do stuff “unless I say so
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The Impact of Unethical Behavior The profession today called accountancy and the professionals today called accountants have been in practice by other names since 4000 BC (Giroux‚ 1999). As long as commerce of any kind in any form exists‚ the profession and the professionals will continue to be in the midst of the business world quietly making innovations that change the way the amassing of wealth is recorded. Most accountants are persons of integrity and ethics. Business ethics has many levels
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There are many different definitions for Conflict of Interest‚ but most all mean the same or point to the same direction. When gifts‚ outside activities such as consulting‚ or financial and fiduciary interest have potential to create a certain decision or commitment with a business it is considered conflict of interest. Although there are numerous definitions the one adopted by the Institute of Medicine is helpful. It states‚ “A conflict of interest is a set of circumstances that creates a risk that
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There are lots of policies and guidelines that can be found regarding pwd‚ there are relevant surveys that are carried out to obtain information from the people experiencing living with dementia and caring for someone with dementia the surveys are designed for people to be able to honest about how they are coping‚ or what services they use and how they help its thought that by delivering your version of events someone may take that information read it and decisions can be made to make improvements
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"You’re a new supervisor of 20 employees at a local fast-food restaurant. The recently departed supervisor was well liked by a few of the employees‚ but overall morale is low. There is very little teamwork‚ or shared sense of purpose. There is also stiff competition for labor and for customers." Given this situation‚ what would Attila do? Attila the Hun says that discipline is what builds morale; therefore‚ the initial step is to be a disciplined supervisor. Because the supervisor is disciplined
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consider their personal and professional development holistically‚ linking different units within their programmes and also their personal experiences. This unit explores the different ways in which learning can take place and how learning from individual experiences can be used to enhance the quality of knowledge‚ skills and practice. Learners will explore concepts of learning and relate these to their preferred learning styles and other factors that influence their learning. Learners will initially
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