Serious consequences ensue when managers do not manage in an ethical way. At stake are jobs, reputations, wealth creation, efficiency, effectiveness, and whole livelihoods.
In this slide we discuss detail about social responsibilities.its dimension and individual social responsiability,cooperative social responsibility and student social responsibility.
Social responsibility refers to the responsibility of decision makers to take actions which help society & serve own interest . It is also known as corporate social responsibility (CSR) is understood as the obligation of decision makers to take actions which protect & improve the welfare of society as a whole along with their own interests.
In this slide we discuss detail about social responsibilities.its dimension and individual social responsiability,cooperative social responsibility and student social responsibility.
Social responsibility refers to the responsibility of decision makers to take actions which help society & serve own interest . It is also known as corporate social responsibility (CSR) is understood as the obligation of decision makers to take actions which protect & improve the welfare of society as a whole along with their own interests.
Fiduciary Responsibility vs. Corporate Social ResponsibilityKevin Brett, M.A.
Many PR pros worship exclusively at the altar of corporate social responsibility, and yet they do not have a seat at the boardroom table. Maybe they should be concerned about fiduciary responsibility? Doing good and doing well are not the same. They are both vital. They are not mutually exclusive.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Hunter LovinsStatsCommunications
OECD Workshop: Measuring Business Impacts on People’s Well-being, 23-24 February 2017, Paris, France, More information at: http://www.oecd.org/statistics/oecd-workshop-on-measuring-business-impacts-on-peoples-well-being.htm
DBA 7420, Organizational Behavior and Comparative Mana.docxShiraPrater50
DBA 7420, Organizational Behavior and Comparative Management 1
Course Learning Outcomes for Unit III
Upon completion of this unit, students should be able to:
3. Examine challenges and opportunities in applying organizational behavior concepts.
3.1 Apply behavioral concepts to organizational challenges and opportunities.
Course/Unit
Learning Outcomes
Learning Activity
3.1
Unit Lesson
Chapter 1, pp. 17–25
Article: “Introduction to the Brave New Workplace: Organizational Behavior in
the Electronic Age.”
Unit III Essay
Reading Assignment
Chapter 1: What Is Organizational Behavior?, pp. 17–25
In order to access the following resource, click the link below.
Gephart, R. P. (2002). Introduction to the brave new workplace: Organizational behavior in the electronic age.
Journal of Organizational Behavior, 23(4), 327–344. Retrieved from
https://libraryresources.columbiasouthern.edu/login?url=http://search.ebscohost.com/login.aspx?direc
t=true&db=bsu&AN=7181571&site=eds-live&scope=site
Unit Lesson
Introduction
The world as we know it now is much different than it was 100 or even 50 years ago. Without change, the
world, businesses, and life would become stagnant. Stagnancy is not where you want to be. The problem
herein is that one cannot expect to get different results, such as improved productivity, efficiency, or
profitability, if we continue doing the same things we have always done. Businesses especially want to better
their best. They want to get more with less. They want greater profits. As the wants continue to grow, the
world continues to evolve. If you do not change, surrounding businesses will continue to change and evolve,
and you and your organization could be left behind. In this unit, we will explore a few of the many challenges
faced by any business. While some of those challenges may pertain to economic pressures, demographics,
diversity, networked organizations, and ethical behaviors, there are even more. This unit will focus on the
economy, globalization, technological advancements, and social media. However, any of those challenges
mentioned leads to additional opportunities to be explored. Each situation presents an opportunity. It is what
you choose to do when faced with those challenges and opportunities that can make all of the difference.
A Gamut of Challenges
Let us look at the economy and its impact on an organization. To begin, you need to think of a business as a
dynamic entity that changes and reacts to its environment. In this sense, all organizations change and adapt
to what the economy is or is not doing, and, because of this, organizational behaviors change.
Some examples of these changes in behaviors are when the economy is bad and a company suspends pay
raises or bonuses. When an organization’s profits tank or are much lower than predicted, the company can
UNIT III STUDY GUIDE
Challenges and Opportunities in
Applying Organizational Behavior
...
Prompt What can average employees do in an ethical environment t.docxbfingarjcmc
Prompt:
* What can average employees do in an ethical environment that they can't do in an unethical one?
* If we believe that employees are more attracted to ethical organizations, does that support the contention that moral motives are every bit as powerful as economic ones in peoples' decision making?
* What are the flaws in thinking only about economic motives?
* What are the flaws in thinking only about moral motives?
* Initial Post
*
* First Reply
In an ethical environment employees can report ethical violations without fear of repercussion. "...You and your employer have a special relationship, and each owes the other a modicum of loyalty based on the relationship" (Trevino & Nelson, 2014, p. 131.) As an agent of a company, an employee is a representative of the brand; the brand embraces this loyalty in an ethical environment.
Employees are more attracted to ethical organizations, because loyalty is comforting. The notion supports the contention that moral motives are as powerful as economic ones in peoples' decision making. "The evidence suggests that employees are more attracted to and more committed to ethical organizations" (Trevino & Nelson, 2014, p. 23.) In addition, the clear communication offered by ethical organizations is a key performance indicator of employee retention, as it engages in structured processes.
The flaws in thinking only about economic motives entail an oversight of moral values for short-term fiscal gain. The flaws in thinking only about moral motives are that one may overlook cost-analysis. "The economic responsibilities of a business involve its primary function of producing goods or services that consumers need and want, while making an acceptable profit" (Trevino & Nelson, 2014, p. 325.)
References:
Trevino, L., & Nelson., K. (2014). Managing Business Ethics: Straight Talk About How To Do It
Right. John Wiley and Sons. United States
*
* Second Reply
Average employees could most likely get away with having less than stellar sales in an ethical environment. They could not do that in an unethical environment. Unethical environments will do whatever it takes to get a sale. Sometimes managers will even encourage their sales representatives to engage in deceit to make a sale. Average employees in an ethical environment would be in a situation where their director/manager is more understanding if the market isn’t there.
If we were to believe that employees are more attracted to ethical organizations, it does support the contention that moral motives are every bit as powerful as economic ones in people’s decision making. “A 2006 study found that 82 percent of Americans would actually prefer to be paid less but work for an ethical company than be paid more but work for an unethical company” (Trevino & Nelson, 2017, p. 155). Money is an extremely powerful motivator, but to say that Americans would prefer to work for less money just to .
Traditionally, the term business commonly referred to commercial activities aimed at makinga profit or to organisations formed to make a profit. Indeed, in the past, economic theory madea fundamental assumption that profit maximisation was the basic objective of every firm. Themodern outlook, however, is different. For them, profit is only secondary. There are, moreover,
many organisations, both private and public, which do not aim at profit from their business.
In short, the definition of a business as a commercial activity to make a profit or an organisationformed to make a profit is a narrow one. Yet, to a layman, business still means industry andcommerce.
The old concept of business, confining it to commerce and private profit, has undergone aradical change. Today, business is regarded as a social institution forming an integral part of thesocial system. As Davis and Blomstorm observe, business is “social institution, performing a social mission and having a broad influence on the way people live and work together.”1 As Calkinsremarks: “It is now recognised that the direction of business is important to the public welfare,that businessmen perform a social function.”2
Thus, “viewed in a broad way, the term business typically refers to the development andprocessing of economic values in society. Normally, we use the term to apply to the private (nongovernment)portion of the economy whose primary purpose is to provide goods and services tocustomers at a price, but the lines of distinction are getting hazy as business and government overlap their functions in organisations such as the Communications, Satellite Corporation and
the Tennessee Valley Authority. In addition, business is a term applied to economic and commercial activities of institutions having other purposes, such as the business office of an opera association.
Thus, organisations which do not aim of making a profit, like the Delhi Development Authority,charitable hospitals, or other institutions, public relations organisations, government departments,etc., invest capital, price and market their products, services or ideas, manage their human
resources, and so on.According to Davis and Blomstorm, “our modern view of society is an ecological one.
Ecology is concerned with the mutual relations of human populations or systems with their
environment. It is necessary to take this broad view because the influence and involvement of
business are extensive. Business cannot isolate itself from the rest of society. Today, the whole
society is a business’s environment
Davis and Blomstorm point out that, in taking an ecological view of business in a systemrelationship with society, three ideas are significant in addition to the systems idea. The three ideas are values, viability and public visibility
Values
Business, like other social institutions, develops certain belief systems and values for whichthey stand, and these beliefs, and values are a source of institutional drive. These values deriv
The impact of CSR on corporate behaviour and performance – by London Business...London Business School
How to achieve Corporate Social Responsibility? Professor Ioannis Ioannou’s research includes a very practical list of what sustainable organisations are doing different.
Jessalynn Strauss. Exceeding Expectation: Social Responsibility in GamingHorizons RG
Jessalynn Strauss. Exceeding Expectation: Social Responsibility in Gaming
Session 6B
Presented at the New Horizons in Responsible Gambling Conference in Vancouver, January 27-29, 2014
Fiduciary Responsibility vs. Corporate Social ResponsibilityKevin Brett, M.A.
Many PR pros worship exclusively at the altar of corporate social responsibility, and yet they do not have a seat at the boardroom table. Maybe they should be concerned about fiduciary responsibility? Doing good and doing well are not the same. They are both vital. They are not mutually exclusive.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Hunter LovinsStatsCommunications
OECD Workshop: Measuring Business Impacts on People’s Well-being, 23-24 February 2017, Paris, France, More information at: http://www.oecd.org/statistics/oecd-workshop-on-measuring-business-impacts-on-peoples-well-being.htm
DBA 7420, Organizational Behavior and Comparative Mana.docxShiraPrater50
DBA 7420, Organizational Behavior and Comparative Management 1
Course Learning Outcomes for Unit III
Upon completion of this unit, students should be able to:
3. Examine challenges and opportunities in applying organizational behavior concepts.
3.1 Apply behavioral concepts to organizational challenges and opportunities.
Course/Unit
Learning Outcomes
Learning Activity
3.1
Unit Lesson
Chapter 1, pp. 17–25
Article: “Introduction to the Brave New Workplace: Organizational Behavior in
the Electronic Age.”
Unit III Essay
Reading Assignment
Chapter 1: What Is Organizational Behavior?, pp. 17–25
In order to access the following resource, click the link below.
Gephart, R. P. (2002). Introduction to the brave new workplace: Organizational behavior in the electronic age.
Journal of Organizational Behavior, 23(4), 327–344. Retrieved from
https://libraryresources.columbiasouthern.edu/login?url=http://search.ebscohost.com/login.aspx?direc
t=true&db=bsu&AN=7181571&site=eds-live&scope=site
Unit Lesson
Introduction
The world as we know it now is much different than it was 100 or even 50 years ago. Without change, the
world, businesses, and life would become stagnant. Stagnancy is not where you want to be. The problem
herein is that one cannot expect to get different results, such as improved productivity, efficiency, or
profitability, if we continue doing the same things we have always done. Businesses especially want to better
their best. They want to get more with less. They want greater profits. As the wants continue to grow, the
world continues to evolve. If you do not change, surrounding businesses will continue to change and evolve,
and you and your organization could be left behind. In this unit, we will explore a few of the many challenges
faced by any business. While some of those challenges may pertain to economic pressures, demographics,
diversity, networked organizations, and ethical behaviors, there are even more. This unit will focus on the
economy, globalization, technological advancements, and social media. However, any of those challenges
mentioned leads to additional opportunities to be explored. Each situation presents an opportunity. It is what
you choose to do when faced with those challenges and opportunities that can make all of the difference.
A Gamut of Challenges
Let us look at the economy and its impact on an organization. To begin, you need to think of a business as a
dynamic entity that changes and reacts to its environment. In this sense, all organizations change and adapt
to what the economy is or is not doing, and, because of this, organizational behaviors change.
Some examples of these changes in behaviors are when the economy is bad and a company suspends pay
raises or bonuses. When an organization’s profits tank or are much lower than predicted, the company can
UNIT III STUDY GUIDE
Challenges and Opportunities in
Applying Organizational Behavior
...
Prompt What can average employees do in an ethical environment t.docxbfingarjcmc
Prompt:
* What can average employees do in an ethical environment that they can't do in an unethical one?
* If we believe that employees are more attracted to ethical organizations, does that support the contention that moral motives are every bit as powerful as economic ones in peoples' decision making?
* What are the flaws in thinking only about economic motives?
* What are the flaws in thinking only about moral motives?
* Initial Post
*
* First Reply
In an ethical environment employees can report ethical violations without fear of repercussion. "...You and your employer have a special relationship, and each owes the other a modicum of loyalty based on the relationship" (Trevino & Nelson, 2014, p. 131.) As an agent of a company, an employee is a representative of the brand; the brand embraces this loyalty in an ethical environment.
Employees are more attracted to ethical organizations, because loyalty is comforting. The notion supports the contention that moral motives are as powerful as economic ones in peoples' decision making. "The evidence suggests that employees are more attracted to and more committed to ethical organizations" (Trevino & Nelson, 2014, p. 23.) In addition, the clear communication offered by ethical organizations is a key performance indicator of employee retention, as it engages in structured processes.
The flaws in thinking only about economic motives entail an oversight of moral values for short-term fiscal gain. The flaws in thinking only about moral motives are that one may overlook cost-analysis. "The economic responsibilities of a business involve its primary function of producing goods or services that consumers need and want, while making an acceptable profit" (Trevino & Nelson, 2014, p. 325.)
References:
Trevino, L., & Nelson., K. (2014). Managing Business Ethics: Straight Talk About How To Do It
Right. John Wiley and Sons. United States
*
* Second Reply
Average employees could most likely get away with having less than stellar sales in an ethical environment. They could not do that in an unethical environment. Unethical environments will do whatever it takes to get a sale. Sometimes managers will even encourage their sales representatives to engage in deceit to make a sale. Average employees in an ethical environment would be in a situation where their director/manager is more understanding if the market isn’t there.
If we were to believe that employees are more attracted to ethical organizations, it does support the contention that moral motives are every bit as powerful as economic ones in people’s decision making. “A 2006 study found that 82 percent of Americans would actually prefer to be paid less but work for an ethical company than be paid more but work for an unethical company” (Trevino & Nelson, 2017, p. 155). Money is an extremely powerful motivator, but to say that Americans would prefer to work for less money just to .
Traditionally, the term business commonly referred to commercial activities aimed at makinga profit or to organisations formed to make a profit. Indeed, in the past, economic theory madea fundamental assumption that profit maximisation was the basic objective of every firm. Themodern outlook, however, is different. For them, profit is only secondary. There are, moreover,
many organisations, both private and public, which do not aim at profit from their business.
In short, the definition of a business as a commercial activity to make a profit or an organisationformed to make a profit is a narrow one. Yet, to a layman, business still means industry andcommerce.
The old concept of business, confining it to commerce and private profit, has undergone aradical change. Today, business is regarded as a social institution forming an integral part of thesocial system. As Davis and Blomstorm observe, business is “social institution, performing a social mission and having a broad influence on the way people live and work together.”1 As Calkinsremarks: “It is now recognised that the direction of business is important to the public welfare,that businessmen perform a social function.”2
Thus, “viewed in a broad way, the term business typically refers to the development andprocessing of economic values in society. Normally, we use the term to apply to the private (nongovernment)portion of the economy whose primary purpose is to provide goods and services tocustomers at a price, but the lines of distinction are getting hazy as business and government overlap their functions in organisations such as the Communications, Satellite Corporation and
the Tennessee Valley Authority. In addition, business is a term applied to economic and commercial activities of institutions having other purposes, such as the business office of an opera association.
Thus, organisations which do not aim of making a profit, like the Delhi Development Authority,charitable hospitals, or other institutions, public relations organisations, government departments,etc., invest capital, price and market their products, services or ideas, manage their human
resources, and so on.According to Davis and Blomstorm, “our modern view of society is an ecological one.
Ecology is concerned with the mutual relations of human populations or systems with their
environment. It is necessary to take this broad view because the influence and involvement of
business are extensive. Business cannot isolate itself from the rest of society. Today, the whole
society is a business’s environment
Davis and Blomstorm point out that, in taking an ecological view of business in a systemrelationship with society, three ideas are significant in addition to the systems idea. The three ideas are values, viability and public visibility
Values
Business, like other social institutions, develops certain belief systems and values for whichthey stand, and these beliefs, and values are a source of institutional drive. These values deriv
The impact of CSR on corporate behaviour and performance – by London Business...London Business School
How to achieve Corporate Social Responsibility? Professor Ioannis Ioannou’s research includes a very practical list of what sustainable organisations are doing different.
Jessalynn Strauss. Exceeding Expectation: Social Responsibility in GamingHorizons RG
Jessalynn Strauss. Exceeding Expectation: Social Responsibility in Gaming
Session 6B
Presented at the New Horizons in Responsible Gambling Conference in Vancouver, January 27-29, 2014
Week 5 Assignment 5Assignment 5 Creating Your Dream JobIn.docxcockekeshia
Week 5 Assignment 5
Assignment 5: Creating Your Dream Job
In this assignment, you get the chance to create your dream job and to build its compensation plan and appraisal performance.
Write a six to six (6) page paper in which you:
1. Create a job description and specifications for your dream job.
2. Design a compensation and benefits package related to your dream job.
3. Rationalize your compensation and benefits package. Be sure to indicate the research and considerations that went into the design of the compensation and benefits package.
4. Imagine this is the only position of its kind in the organization. From this perspective, design a performance appraisal program to assess your job performance.
5. Rationalize your performance appraisal program. Be sure to indicate the research and considerations that went into the design of the performance appraisal program.
6. Use at least four (4) quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
7. Format your assignment according to the following formatting requirements:
a. Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
b. Include a cover page containing the title of the assignment, your name, your professor’s name, the course title, and the date. The cover page is not included in the required page length.
c. Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.
****Post #1
The military does a pretty good job adhering to the CERES principle. Out of the 9 items, there is only one area that comes to mind that I would give them a low mark on and that is Informing the public. Informing the public states that a company will timely inform everyone who may be affected by a condition caused by our company that endanger health, safety, or the environment (Johnson, 2016). Recently during my military retirement process, I found out that being exposed to bird droppings may cause mesothelioma. For years I worked in an airplane hangar where I had to clean up the bird dropping that collected from the birds that made homes at the top of the hanger. We did this daily as part of our house keeping routine. I was never made aware of the potential hazards to my health while performing theses duties. According to the informing the public principle of CERES, I was supposed to have been notified in a timely matter.
I believe that it is possible to meet all of the stakeholders needs, just probably not all at the same time. I think there will times periods of times that some stakeholders’ needs may not be met. The trick is in managing those periods to as brief a period as possible. The goal is to have more ups than downs. For example, employees may not be happy during a period of extended hour, due the demand for a product, but at the same time the customer will be happy. According to the text, customers and employees are.
2000 words essay CASE STUDY Select a significant event o.docxlorainedeserre
2000 words essay
CASE STUDY
Select a significant event or a situation in a developing country setting that you have observed e.g. through the media or read about; and identify a prominent response to that event or situation, which you observed or read about. Note that the event or situation might include, for example, an emergency, security threat, development crisis, social or political unrest, discovery of valuable natural resources, among others. These are just a few examples.
The case study should address the following points:
o Assess the event or situation, the key issues involved and the impact on the society
o Discuss the key goals and results sought by the society in this situation
o Determine whether and how a leader emerged in that context and what factors demonstrated this
o Analyze the leadership process outlining the following:
▪ Whose ideas shaped the responses to the situation. ▪ What evidence supported these ideas and how were they received by the society? ▪ The nature of the relationship between emergent leaders and the rest of the group or society ▪ Who provided guidance toward the defined goal(s)? ▪ What leadership qualities were useful in that situation?
o What outcomes were produced from the responses to that situation? Were these outcomes consistent with the goals initially expressed by that society?
o Did this event or situation and the response to it produce a new situation?
o Would you say that the society was better or worse off as a result of the responses to this event or situation?
o What overall conclusions can you draw from this experience about leadership and the leadership process?
Diversity at Workplace
The issue of workplace diversity has been at the center of battles and conflicts at many companies when doing recruitment. Some organizations believe that diversity is achieved by simply meeting the necessary proportions for the gender and race of the employees. However, there is more to this issue than meets the eye. Companies need to know that diversity at places of work is a multifaceted subject and needs the attention and comprehensiveness that it deserves. True diversity in most organizations has been a challenge to realize since many companies feel that they are good to go once they have a given number of employees from a certain gender, race, or religion.
Misconceptions about workplace diversity: what it is and what it is not
Diversity at places of work cannot be complete if there is no respect, acceptance, and collaboration regardless of the differences in gender, race, religion, political beliefs, native language, styles of communication, or sexual orientation among workers. Unfortunately, many organizations think that they have embraced diversity once they have employed people from different ethnicities, religious backgrounds, nationalities, races, sexual orientations, and gender. It should be understood that while this is a good step, it is just one of the ma ...
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
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"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
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➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
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➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
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1. By Aaron S. Robertson With supplemental notes and a small group activity to enhance discussion Copyright 2011 Aaron S. Robertson
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Editor's Notes
The explanation advanced by Jones & George as to why we should manage in an ethical way seems to hold even more credence for today. Granted, I respectfully submit that all business dealings should be (or should have been) conducted ethically, no matter what century, decade, etc. we are talking about. However, with such a greater dependence on one another today for our economic health, it is especially important today that ethics be practiced in business, because “collective disasters” are far more likely to happen.
“ Taliban Toyota” – This is a news story that broke on November 2, 2011, written by Reuters correspondent Kelli Dugan. In short, a sales manager and sales representative from one Toyota dealership attempted to snag potential customers away from a rival Toyota dealership by telling them that the rival dealership’s owner, a gentleman who is Iranian-born, supports terrorism. The truth is that he fled Iran in 1980, just as the leaders of the Islamic Revolution were coming to power, and has been a U.S. citizen for some time now. A jury awarded him $7.5 million in damages. This act, which is ignorant, unconscionable, and frankly un-American, not only victimized this man, along with his business and employees, but it will undoubtedly cause long-lasting repercussions for the other dealership and its employees, as well. Not only does the offending dealership have to hand over $7.5 million, but it could also face a long-lasting public relations nightmare that may cost it numerous potential customers, which in turn jeopardizes the livelihoods of all its employees and hurts suppliers who depend on the relationship they have with the dealership. All of this because of malicious and false accusations made by a rogue sales manager and a sales representative who went along with it. Enron – Thousands upon thousands of jobs lost, life savings and retirement accounts wiped out, complete infrastructures destroyed, all because a few managers, executives, and accountants at the very top got greedy. “ The Great Recession” – Banks and other lending and investment institutions get greedy, start lending to just about anyone, regardless of true ability to repay on these loans and mortgages. Naturally, many of these consumers start defaulting on these loans, and the ramifications spill into other sectors and industries. The result is Enron on a global scale. Millions of jobs vanish, life savings and retirement nest eggs lost, governments around the world have to bail out large corporations, even whole industries. The world is still feeling the effects in 2011. Experience at a fast food restaurant – As an undergraduate student, I spent around 2.5 years working at a fast food restaurant, which was owned by a franchisee. A couple supervisors got greedy, start helping themselves and their friends to free food on a fairly regular basis and not taking their jobs very seriously. Naturally, a number of non-supervisory employees begin to follow suit. Though there were other reasons that also contributed to the owner eventually having to close his doors (price wars, heavy brand competition, overhead, etc.), I have very little doubt that this played a significant role. The effects: not only were jobs lost, but suppliers and local charities and organizations were hurt, as well. One less business sponsor for the local little league team, less donations to the local food pantry, etc.