Corey Lott ETH 501 Case 2 Business Ethics Utilitarianism is a type of theory that was developed to come up with a proper course of action that maximizes the joy of the stakeholders involved. While consequentialism is defined as the view that value of an action derives solely from the value of its consequences. Today‚ consequentialism is the form that usually takes form. Utilitarianism tries to evaluate the moral worth of an action after one has considered the actual consequences‚
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Trident University International Daniel Carnley Module 1 Case Assignment ETH 501: Business Ethics Dr. Susan Gunn 24 January 2015 Introduction Adelphia Communications‚ one of the largest cable companies is the nation at its height‚ is now out of business as of 2006 due to several unethical decisions by the Rigas family. Any organization‚ if operated under unethical decision making to this extent‚ would be destined for failure and Adelphia Communications is no exception. The two main unethical actions
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Trident University International ETH 501 – Business Ethics Dr. Susan Gun Introduction In the fourth module case we will discuss ethical business behavior. Inside of this case we will examine two different companies in Anglo-American and Primark and how they are applying ethical business behavior. Next we will discuss the cost and benefits‚ if any is gained by an organization. Lastly we will determine the relationship of external stakeholder relationship and how this relationship
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ETH 501 Case 3 Business Ethics Introduction In reviewing the case for module three on Mattel I couldn’t help but notice how similar a case study this was to another multinational corporation (MNC). That corporation is Nike. It seems that around the time I was entering my teenage years more and more corporations where being placed under this microscope. This was a direct correlation of globalization. Every industry leader has gone through this as a result of being a industry leader and
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INTRODUCTION / NAME of YOUR ORGANIZATION. This Module 1 SLP will be the first part of an in-depth market analysis. The company I have chosen is Starbucks Coffee Company. The first Starbucks opened in 1971 at Pike Place market in Seattle‚ WA. Eleven years later‚ Howard Schultz was hired by the company to be the director of retail operations and marketing. The first Starbucks with the current coffee house look and feel was opened in 1984 in downtown Seattle. The Starbucks headquarters is still
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The European Tours - TUI Travels Plc TUI Travels Plc is one of the world’s leading leisure travel companies with over 250 of the best loved and market leading travel brands in 180 countries and more than 30 million customers. Question 1 - Value Chain Value chain analysis is the process in which a firm identifies its primary as well as secondary activities that add value to the final products or service. Primary activities. Inbound logistics – TUI Travels Plc has a global supply chain which
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TUI Travel PLC Market overview 2 business models: individualization and commoditization (best serve to changing needs). But How Does a Service Become a Commodity? Traditionally‚ services cannot be commoditized‚ as there are numerous variables that account for differences between the type and level of service offered by each provider. The commoditization of hotels started many years ago with the first rating systems. Companies like the American Automobile Association (AAA) and Mobil (now Forbes)
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TUI Porter’s Five force analysis of the tourism industry. Competitive rivalry Moderate Competitive Rivalry Global industry growth rate is 4.1% (UNWTO .2005 ) High fixed cost largely favours the incumbents Variation of sizes of incumbents The threats of Substitutes Low threats of substitutes Technologies (TV and Games ) could act as substitutes but cant replace travel. Low differentiation of product limits the substitutes. The bargaining power of the buyers
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Introduction This report is part of the management report to be written during the module strategic hospitality management at Stenden University. It deals with the external environment of TUI. First a PESTEL analysis is executed in order to get an overview about the macro environment. From there the key drivers of change for TUI are identified and further opportunities and threats are extended. After the macro environment the industry is analyzed with the help of Porter’s Five Forces. The impact of the
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The main objective of the paper is to critically analyse the operational activities in travel and for that reason the chosen company is Tui Travel. The paper will explain the operational activities of Tui Travel. Tui Travel is basically a British travelling group that was started in 2007. Tui Travel has now merged with TUI AG in order to become TUI group. This group is a company of opportunities for the customers‚ employees‚ and shareholders. Since the company is under one roof‚ all the companies
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