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Business and Ethics Essay

… I thereby have the obligation to convert this alternative into a plan or a series of activities, and execute the plans in accordance with the concerned departments.

The most recommendable alternative is the formation of working groups, which include management representatives, communications professionals, as well as internal and external counselors. In this alternative, the coordination amongst the regulatory teams, public statements, quality assurance team, advertisement teams, and the team involved in protocols for addressing the consumer inquiries are quite essential to the company's management. This strategy helps in keeping the company on toes through the development of an ethical communication plan (Cockburn, 2005), which consequently helps in building a constructive relationship between the company and its target market hence good customer relationships. It would be…. [read more]


Business Plan for a Financial Business Plan

… Therefore, CleanDivision will have to set new international strategies while setting up its business in new geographical locations.

B4: Management Structure:

The ownership of the CleanDivision business is in the hands of both the partners. Michael Kothakota is the majority shareholder in the firm with 51% shares whereas Mike Programmer is the second major shareholder with 49% shares. The Management functions for the firm will be performed by both the partners. Planning and decision making, leading, staffing, organizing, and controlling of the firm's business will be done by the partners with mutual understanding, experience held, and the analysis of the present situation. The major shareholder, Mr. Michael Kothakota is a Certified Divorce Financial analyst and has gained experience with more than 60 attorneys. He also…. [read more]


Ethical Problems in Business Principle Research Paper

… his ethical obligations towards the firm (Ferrell, Ferrell, Hirt, 2010).

Federal Sentencing Guidelines for Organizations (FSGO) Details (Lawrence, Weber, Post, 2004):

In 1991, U.S. Sentencing Commission circulated FSGO to impose punishment upon those corporations or organizations whose employees or other agents have committed federal crimes.

The guidelines promote the use of effective programs to prevent these ethical issues from arising by prescribing seven measures that need to be taken care of.

Implementation and compliance of standard to reduce criminal conduct

Assignment of high level personnel for ensuring compliance

Avoid giving assignment to individuals who t have a risky past

Ensure all standards and procedures are properly communicated and the required training is provided

Establish compliance monitoring and audit systems along with proper reporting systems where…. [read more]


Starbucks Evaluation a Business Code Essay

… "Even the appealing health insurance benefit has prompted complaints. Some workers who claim to have worked at Starbucks say they weren't able to maintain their health benefit because managers deliberately shortened their work hours. (To be eligible for health coverage, employees must work a minimum of 20 hours a week, or 240 hours during a quarter.)" (Starbucks is hiring buts its jobs are overrated, 2012 Business Insider). Starbucks must retrain its managers as to what constitutes ethical treatment of employees, just as it has re-trained its baristas in how to make coffee. It must also redefine its ethical standards regarding Fair Trade and how the coffee that has made it famous is produced and sold.

Reacting to the code

Although Starbucks is far from problem-free…. [read more]


Business Summaries This Chapter Essay

… The central part of sharing a common set of goals is having a joint understanding of what the goals of the organization are and the best ways to achieve these goals. This does not mean that there has to be absolute agreement on every detail of every aspect of the organization, because a well-run organization will allow for open discussions when they are designed to improve the way an organization works.

One of the key ways in which organizations can be organized is along the lines of how specialized they are: Does each employee do only one job or does each one wear a number of different hats? The same question must be asked of each department, and even of the company as a whole.…. [read more]


Ethics Term Paper

… Indeed, many employees have been given the "take it or leave it" proposition and businesses have often-times not "spread the wealth" to the employees that make their success possible.

As far as international business goes and the implications that can be faced, the implications are quite obvious (Hill, 2013). Culture can be very different from country to country and being tone-deaf to that can be very dangerous. For example, Richard Nixon flashing the "A-OK" sign in the wrong part of South America was a huge faux pas given that this hand gesture is the equivalent of flipping the bird in that part of the world. However, that quick example lays bare that there are different nuances and variations with how people communicate, what things mean…. [read more]


Business Plan for Freelancer Website Business Plan

… Before starting up a freelancer website, the owners will have to conduct a full-fledged environmental scan of the freelance business industry in order to operate the website in an effective and profitable fashion (Allen, 2012). The major environmental forces that can affect the business operations and profitability of freelancer website include political and legal forces; economic forces; social and demographical forces; technological forces; and the most importantly, Globalization and international competition (Ilasco & Cho, 2010).

Political and Legal Infrastructure:

Being an international freelancing services provider, the freelancer website will have to adhere to the local and international laws and regulations that govern freelancing industry. For example, it will have to pay taxes on its sales, technical services, software acquisitions, etc. (Entrepreneur magazine, 2012). It will…. [read more]


Business Plan for a Software Business Plan

… 3. Promotional Strategies:

Nerd Patrol is a purely service oriented company in the Information Technology industry. In addition to a large number of potential individual customers, the significant portion of Nerd Patrol's target market constitutes high profile businesses from almost every type of industry. Therefore, it will have to promote its services in all the major promotional and advertising mediums to attract the largest number of customers from all over the country. First of all, Nerd Patrol should develop a comprehensive website as an introductory marketing medium for its business. This website will serve as the information agent for its customers as well as potential investors and other primary stakeholders from the country (Stair & Reynolds, 2010).

Nerd Patrol should ensure that its website contains…. [read more]


Business Lawsuits Summarize the Actions Essay

… This is because the information is overwhelming that the firm has broken federal and state laws. At the same time, the company must invest in aggressively addressing issues with its supply chain and challenges that are impacting franchisees. (Hyman, 2010)

If these cases, go to trial there is the possibility that the company will lose and have damage to its reputation. This could result in even more franchisees abandoning the company. It is at this point that Ace could face tremendous challenges in adjusting with a number of unique problems from an increasingly competitive marketplace. (Hyman, 2010)

Settling these cases, will prevent the firm from having to deal with the negative publicity, the possibility of being found guilty of wrongdoing and it will quietly eliminate…. [read more]


Business Plan Concept History Marketing Plan Legal Business Plan

… Business Plan

Concept History

Marketing Plan

Legal Requirements

Form of Ownership

Organization, Management & Staffing

Special Considerations

Industry Analysis

Cornerstone Books and Gifts is a retail store selling music, books and gifts. The idea came about because I noticed a need for this type of store in town that was not being met. The store not only will be profitable but will provide employment and education opportunities for the community's youth and contribute to the revitalization of downtown.

The marketing plan will be based on having a diverse product line that brings in a wide range of clientele. Prices will be fair. The store will be located in a high-traffic, high-visibility location. The location, product selection and service offering will be the key promotional components,…. [read more]


Business Model Innovation Term Paper

… Business Model Innovation: MAERSK

Grade Course

Innovation and Maersk

Innovation is defined as the act or instance of making changes. Also, the introduction of new things, techniques and ideas is known as innovation (Fuglsang, 2008). Innovation in business means the implementation of new techniques and ideas in the marketplace. This is done by introducing new services, products or features. Due to increasing competition in the market, innovation has become a crucial and vital part of corporate strategy for existing and emerging companies, to gain market shares. The bottom line of the business innovation plans is to move forward or block the competitor from succeeding.

The innovation market model suggests a few steps for the innovation process, namely:

The innovation challenge

Collaborative idea generation

Combination of…. [read more]


Business Proposal in Ghana Business Proposal

… Business Proposal in Ghana

Giam's Clothing:

Business Proposal in Ghana

Company Description

Giam's Clothing is an apparel manufacturer which produces clothing articles for the American middle class. The company was founded in 1990 by current chief executive officer John Whitehouse. The middle size company has little over one hundred employees and an annual turnover of 1.5 billion dollars. The firm operates through a single location within the United States. This location is composed of two facilities: one for production purposes and one for administrative purposes, containing the offices of the CEO, the CFO and other business departments, including the Finance and Accounting or the Human Resource Department. Twenty people work in the administrative facility and one hundred in the production facility.

The product line includes…. [read more]


Business Ethics Everybody Research Proposal

… Business Ethics

Everybody can agree that business needs to be conducted ethically. The problem with business ethics, however, is that there is no clear concept of what precisely is meant by the phrase 'ethical'. Managers have different stakeholders to concern themselves with. They operate businesses that are subject to multiple sets of laws simultaneously. They are subjected to the ethical judgment from dozens or hundreds of different cultures, each with its own ethical standards, and some with many different sets of ethical standards. It is no wonder that many firms stick to basic platitudes regarding ethical behavior. Pinning down specifics is almost impossible. As a consequence, however, we have situations that arise with alarming consistency in which managers make choices that would seem to violate…. [read more]


Business Impact of Exxon and Ethical Considerations Term Paper

… Business Impact of Exxon and Ethical Considerations

When discussing business ethics, one corporation, in particular, often comes to mind Exxon.

Since the late 1980s, Exxon has been the poster child for unethical corporate conduct.

The ecological disaster that occurred in Prince William Sound following the Exxon Valdez's running into Bligh Reef and spilling millions of gallons of oil is infamous. The scandal at Grand Bois, Louisiana further exacerbated the organization's poor ethical reputation.

Good people, acting as corporate agents, can make harmful decisions. By understanding the ethical implications of their decisions, senior executives may be able to avoid making these harmful decisions in the future. In addition, presenting the ethical and business implications of the experiences of Exxon can reiterate the importance of raising ethical…. [read more]


Business Ethics the Code of Business Conduct Essay

… Business Ethics

The Code of Business Conduct covers a wide range of business practices and procedures of a medium sized company producing medical supply. The company's name is "Best Medical Supply Company Inc."(BMSC). The Code of Ethics suggest does not cover every issue that may arise, but it sets out basic principles to guide all employees and officers of the Company (Company includes BMSC and all its subsidiaries). All of BMSC's employees, officers and directors must conduct themselves accordingly and seek to avoid even the appearance of improper behavior. The Code should also be provided to and followed by the BMSC's agents and representatives. In addition, Company policies apply to various Company operations. If a law conflicts with a policy in this code, all employees,…. [read more]


Business Ethics - Masters Essay

… 3.2. The proposed solution

Within the context presented above, the proposition of the Quality and Environment Manager is that of engaging in some initiative to respond to the social claims. In other words, the company should implement a more suitable effort of waste management. This could be ensured by following the next steps:

The minimization of the waste generated by the company through internal processes of better planning, resource allocation, ordering and inventory management

The segregation and containerization of the waste, which is completed into two separate steps. At the first level, the company should emphasize on identifying the different categories of waste, and separating the different categories; this step is to be completed at the time of waste generation. Secondly, the company should dispose…. [read more]


Ethics Vary Within Different Nations. Korean Business Research Proposal

… Ethics vary within different nations.

Korean business defines ethics within a very loose individualized context; yet show unfavorable opinions regarding the ethics of foreign business and their marketing practices.

In order to improve the ethical reputation of foreign marketing campaign practices within Korea, more understanding of how Korean business professionals define proper business ethics.

Description of Recent Procedure

452 Korean managers were asked to evaluate the ethical practices of businesses within a marketing setting.

Flaws in Procedural Design

Only managerial staff was included within the context of the study. This leaves out the opinion of other classes of workers.

Analysis of Data

ANOVA was used to provide measurable elements that helped define the way Koreans saw as ethical practices.

Conclusion

Results showed that Korean managers…. [read more]


Business of Ethics the Importance Term Paper

… Company property is less likely to "disappear" if a worker thinks of his place of business as "his" company. Rivalries between personnel can be more easily channeled into healthy competition. And of course, the worker who takes pride in his company will deal better with outside clients, as he will take pride in "his" work. The companies reputation will be enhanced and profits increased.

Pride also has other rewards in terms of corporate effectiveness. Pride in his own achievements, and in those of his coworkers and managers, will inspire an employee to work harder. Ethical treatment, fairly and evenly applied, will ensure that all parts of an organization pull their weight, and that the whole operation functions smoothly. Input from personnel can lead to the…. [read more]


Business Ethics Company Case Study

… With that in mind, the follow principles have been developed:

Our Ideology;

Conducting our business in a way contributing to Turkey's cause to hold a respectable position in the world.

Our Objectives;

Establishing prestigious and everlasting companies in a global and multi-cultural world.

Our Core Values that shape us;

Conducting business in compliance with the laws and the commercial code of ethics.

Openness to improvement.

Being competitive.

Conclusion

MLS Holdings has a unique challenge in setting its code of conduct for all of its operations. The company owns a variety of subsidiary operations and thus their code of conduct for these organizations must be somewhat vague. However, the code of conduct can concentrate on values at a high level that would be relevant to all…. [read more]


Ethics According to the Dictionary Term Paper

… However, as an adult, individuals are free to leave behind the ethics of their parents to create a unique set of ethics. The development of ethics later in life can be based on personal experience and wisdom as much as from standardized codes of behavior. In the business world, ethics develop as a diversity of individuals tries to work together towards a common goal. Ethical business standards are based on several factors, including profitability. Many experts believe that ethical businesses are successful businesses because companies want to do business with companies with high moral standards. If a company is known to have unethical standards, clients will drop off in droves. No one wants to get cheated out of money or humiliated. Thus, ethics develop over…. [read more]


Business Ethics in the Fire Service Research Paper

… Business Ethics in the Fire Service

The fire service in most countries is held in high esteem and widely regarded as a paragon of ethical business practices. Because the fire service is funded with scarce taxpayer resources, though, it is vitally important that the lofty perceptions of ethical practices in the fire service are supported by consistent applications of ethical principles in their day-to-day operations. Although every public service organization is unique in some fashion, fire service managers and firefighters alike encounter a number of ethical dilemmas in the course of their work that require an informed, professional response. To gain some fresh insights regarding these issues, this paper provides a review of the relevant peer-reviewed and scholarly literature concerning business ethics in the fire…. [read more]


Business Ethics Dilemma Term Paper

… Ethics

The company I am studying is British Petroleum (BP). BP is a global, vertically integrated energy company. The issue is going to be the Deepwater Horizon situation. The timeframe will be present day, rather than dissecting the past. Today, the effects of that disaster are still being felt along the Gulf coast, especially with respect to shellfish. The official narrative of BP and even some environmental officials is that the Gulf has returned to normal, but the local fishermen disagree, and are paying a high cost today for the spill (Jacobsen, 2012).

The paper discusses what ethical obligation BP has, if any, to the fishermen of the Gulf Coast who continue to experience problems with respect to the aftermath of Deepwater Horizon. At particular…. [read more]


Ethics in the Workplace Organizational Essay

… However, they would also be at risk of getting laid off unless they bring in some business to the hotel.

The management of the hotel could face a cut in its salaries if the request is rejected and business continues to suffer. If the request is accepted, they would benefit from the increased revenue and raised profile of the hotel. However, it could lead to grievance issues and complaints of discrimination against black employees. Negative media publicity would also result in public humiliation and probably litigation and termination.

The guests would experience comfort as a result of compliance with their wishes. It would also give them the leverage to gain acceptance of further requests during their stay. They would also suffer from the service quality…. [read more]


Business Communication Is a Necessity Essay

… Communication in an organization may be hindered by a variety of factors (Mehrabian, 2007, pg 234). However, as much as a person wants to assume that some problems are normal, some are created by poor internal communication trends (Hartley & Bruckmann, 2001, pg 345). The impression a business makes to its customers is extremely beneficial, as every customer would want to feel valued and appreciated. One of the major problems to begin with is poor or wrong tones of voices (Locker, 2004, pg 88). Whenever customers are being addressed, the need to feel recognized by addressing then with the right tones and in a friendly manner. The tone used to address customers should give them the illusion that as an organization, it should be enthusiastic…. [read more]


Ethics Must Be Global Essay

… The countries including East Asian, Asian, and Middle Eastern states are notable for unethical business polices in terms of government and corporations not following the code of conduct. The argument that the local business ethics are different from the ones upheld in most of the developed world is not valid in global business context. It requires a uniform approach for business to work towards the ethical business practices. The argument of supporting localized ethical policies is not in line with the concepts of globalization. It is required to maintain a highly effective global policy for business operations. The businesses operating in developing countries start their operations in pursuit of low cost labor, low operating expenses, and batter transport facilities. The business cannot be allowed to…. [read more]


Ethics Policies on 3 Companies Term Paper

… Ethics Policies on 3 companies.

Ethics Policies

Memo of transmittal

Ethics policies within companies

Microsoft Corporation

Nokia

Intel Corporation

Memo of transmittal

The current ethics policies are the outcome of years of debates as to what should define morality and fair and appropriate behavior. Nowadays, most institutions in the fields of economy, politics, medicine and law guide their activities by a set of morals rules concentrated in their internal code of ethics. To better understand the concept of ethic policies, one needs to analyze the code of ethics of at least three major organizations, preferably all three belonging to the same industrial sector, for instance electronic engineering.

Executive summary

The term ethics generally refers to the conduct and behavior of individuals and groups within our…. [read more]


Ethics in For-Profit Annotated Bibliography

… This article takes the form of a case study of the Starbucks organization, which the articles' authors praise as enhancing the spiritual lives of employees by connecting every level of the organization to a larger sense of mission. Rather than viewing ethics as antithetical to profitability as often was the case in the classical conception of the firm, this suggests that ethics can enhance organizational functionality.

Montoya, I.D., & Richard, A.J. (1994). A comparative study of codes of ethics in health care facilities and energy companies. Journal of Business Ethics, 13(9), 713.

This article takes the form of an ethnographic study comparing codes of ethics and compliance outcomes at not-for-profit health care facilities and for-profit energy companies. Despite the touting of the importance of ethics…. [read more]


Business Plan Essay

… 5. The explanation of the controls discussed most of the implementation as well. It is not expected that there will be any resistance to these controls, as all are relatively standard.

6. Sarbanes-Oxley applies to publicly-traded company. Coffee Co. is an LLC, therefore Sarbanes-Oxley does not apply to Coffee Co. The regulatory environment is a minimal risk for the most part. The most significant regulatory issues are with the health inspectors because this is a food service facility. We will work with the health inspectors prior to opening and will follow their recommendations carefully. A code of ethics will help to ensure that no criminal activity takes place, and the internal controls will help to ensure that tax codes are followed. However, as an LLC…. [read more]


Ethics Program Essay

… Ethics Program

Developing an ethics program

Increased scrutiny on the actions of businesses and organizations has directly necessitated the importance of ethical programs. However, there has been an increase in attention regarding the way businesses undertake their ethical practices. In turn, organizations have come up with meaningful ethical practices encrypted in detailed ethical programs to stipulate whether the actions of members' of an organization are appropriate or not. It is important that businesses develop prudent ethical programs to manage their operations. Most organizations in the U.S. such as Enron and Tyco have witnessed detrimental consequences as a result of management ignoring ethical practices. This study will seek to develop a prudent ethics program model for a non-profit organization.

Having an ethical program is good for…. [read more]


Value of a Business Plan Business Plan

… Business plan is critical for any organization. At its core, the business plan outlines the opportunities in the marketplace that the company intends to seize and the resources that will be marshaled in order for this to happen. For new and young companies, the business plan is essential in helping to obtain financing, but even for established firms it can help management to understand their business and its characteristics more precisely (Concord Business Development, 2001).

The business plan allows for the efficient and effective communication of the company's mission and how it intends to achieve that mission. The business plan helps to align priorities and resources such as new employees (Ibid). Ultimately, the business plan is less a document than the process by which that…. [read more]

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