Application Of Ethical Theory To A Case Study Philosophy Essay

Application Of Ethical Theory To A Case Study Philosophy Essay John is a loyal employee and has been working at the same firm for many years, since the current manager was a child but a year ago John’s son and wife died in an accident, which led to John being depress. He turn up for work late, sometimes drunk and often absent. He has been repeatedly warned but his behaviour hasn’t change. The manager decides to keep him on the job; did he do the right thing? It can be acknowledge that business ethics is the process or the study of standard and principles that guide the expected behaviour in the business world. Although businesses must make a profit to ensure survival, efforts must be made in order to balance the aspiration for profit against the desires and needs of society. (Ferell 2002). Ethical decision-making is the process by which one makes choices about ethical issues, based on a set of standards that separate right from wrong. It reflects an understanding of the principles inherent in ethics, and the various philosophical approaches to ethical decision-making. Ethical decision-making also requires a systematic framework for tackling difficult and often controversial moral questions, as mention in the case study on whether Michael has done the right thing by keeping John on the job. With the business world changing all the time, a large variety of stakeholders may have an interest with an establishment, such as customers, shareholders, the media, government, non- government, employees and investors. Undoubtedly, they have a shifting level of authority on the growth and operation of the business. The case study illustrate 4 key stakeholder; Michael the manager, employees, family members and customers. It is vital that every stakeholder is taken into account before a decision is made. As mention by Freeman (1984) a stakeholder of an organisation is people who can influence or is impinge on by the achievement of the business objectives’. For instance to sack John, will it help his family? Will it help other employees? Will it benefit the business? All these questions must be taken in account before sacking John. A factor that determines a decision is based on how pertinent or important the case is, or the intensity of the issue.   The importance of issues varies from time to time, and is influenced by one’s values and beliefs. Individuals and their values is one of the greatest challenges faced as it relates to organizational ethics.   Individual factors are important in evaluating and resolving ethical issues.   Conflicts between co-workers usually arise in the workplace and decisions that are made are based on their beliefs and moral philosophies.  Ã‚   Ethical issues importance reflects an individual’s feelings, thereby activating the ethical decision-making process.   The management can influence an ethical decision through rewards or punishments.   Employees should train workers on how to handle ethical issues which is a step in developing the employees’ ability to make decisions which will also enhance organizational ethics. Without a doubt, the decision to dismiss John will have a major impact on him. This is due to the fact that he is unskilled. Getting back to employment will be difficult as all businesses will look for someone who has skilled. In addition it will be hard to get back into employment due to the fact that businesses may ask him why he left his previous job and to say â€Å"I got the sack† will not please to the employee.

How does Zillow.com fulfill these drivers of the internet economy Essay

How does Zillow.com fulfill these drivers of the internet economy - Essay Example 4. People are the key aspects of Internet marketing. Indeed, the people are the primary targets of internet marketing and it can be observed that the messages are designed to appeal to the interests of the people. 6. Marketers can be 1-1 with customers. The marketers and the consumers can interact directly through specially created websites. The marketers can also respond to customer queries and they can also give feedback to the clients. 7. Demand can be better predicted. The rate of internet usage such as daily visits to a certain page by the customers determines the level of demand. An increase in the number of internet users means that demand of a certain product or service can be predicted. 8. Cost patterns change because switching patterns are low. If the switching patterns are low, the cost patterns are likely to increase as a result of the fact that the customers are not shopping around. 9. Customers have power in information rich channels. The customers have the power to make their own decisions without being manipulated by the marketers. They can consume the information in private and can make independent decisions. 10. Information economy is characterized by choice. The customers have the opportunity to choose what they want from a list of products and services provided in the database of the company. This database can hold large volumes of

Country Analysis Outline Example | Topics and Well Written Essays - 1000 words

Country Analysis - Outline Example is a landlocked country in north-eastern Africa with most of the people belonging to the different tribes but many of them are not Muslims unlike that of Sudan itself. South Sudan had one of the longest civil wars in Africa starting from 1972 and ending in 2005 with a Comprehensive Peace Agreement (CPA). Much of the country is dependent on subsistence farming due to the ancient nomadic agriculture. Frankly speaking, the country has very few resources except oil but has plenty of challenges to tackle before it can make any significant progress. (186) Political situation – it is quite ironic how a young country like South Sudan which had just emerged from a long and protracted civil war is now again embroiled in another civil war that is being fought between two former political allies. Its current president Salva Kiir Mayardit has accused his former vice president and other accomplices of trying to stage a coup detat. President Kiir belongs to the Dinka ethnic tribe while his ex-deputy Mr. Riek Machar belongs to the Nuer tribe. The conflict has drawn outside forces from nearby Uganda who are helping government troops fight the rebels lead by Machar and other allied tribes. This new ensuing political instability due to a power struggle along ethnic lines has disrupted the development plans of the young country and has killed at least 10,000 from both sides with 400,000 who fled to neighboring countries while another 1 million people are displaced internally. The current conflict poses a serious risk to South Sudan and if allowed to linger, it can be the source of further political instability that weakens government institutions and possibly make it a failed state like Somalia where there is no central government. Although the people of the country had identified themselves as members of a group distinct from pre-partition Sudan as they are not Muslims but Christians and animists, the new government has so far failed in its mission and vision to implement a new

Health care Essay Example | Topics and Well Written Essays - 250 words - 20

Health care - Essay Example Therefore, one should make financial options because they are many ways of receiving financial support in starting a health care business. These include receiving grants, loans, contribution from families, bootstrap or venture capitalist. For instance, an entrepreneur may choose bootstrap as a financial option. However, it is essential to focus on the external financing sources rather than internal financial sources only. 2. One of the significant steps of becoming a successful entrepreneur is making the decision on funding alternatives and employing target marketing strategies. One should evaluate the target market by employing strategies that can contribute to effective business performance. Many entrepreneurs fail to sustain the business venture because of failure to select  clear financial alternative and  the target marketing strategy. Therefore, before starting a business, an entrepreneur should evaluate the safety of business finance and focus on factors that will enable an entrepreneur to return the money. Moreover, determining the required finance for starting the business is crucial because it will enable an entrepreneur to make effective financial options. Thus, realizing the financing level of the business start-up will enable an entrepreneur to become successfully in the competitive health care

Samsung Research Paper Example | Topics and Well Written Essays - 1500 words

Samsung - Research Paper Example Diversification of the company’s products has enabled it to become a global leader in the electronics industry. The company produces display devices, television sets, digital cameras and mobile phones. However, the company has ventured in the tablets market and has already become a major player in this division. Global Marketing Strategy A robust marketing has enabled Samsung electronics to stay ahead of its competition. The current business environment for electronics dictates that companies become customer-centric. This is whereby companies have to put customer needs first as they develop products or services. This has called for customization of products to the end user specifications or needs. However, the use of customization as a global marketing mix strategy comes into conflict with standardization. In Global marketing, a company needs to try to balance between these two strategies of marketing mix so as to remain relevant and stay ahead of competition (Armstrong and Ko tler 35). Globalization has for years been a disputed phenomenon in various ways including in definition, magnitude and effects. Thus a company should come up with most appropriate measure to handle it. A. Marketing Mix a) Product i. Standardization vs. Customization Standardization as a global marketing mix strategy implies an organizational design that is centralized. A company that adopts this strategy trades its products in one form. Benefits of adoption of this strategy include low operational costs and thus better economies of scale and uniformity of products. However, standardization has drawbacks of lack of competitive edge on products and is heavily reliant on economies of scale for profit margins. Customization on the other hand is a marketing mix strategy that implies an organizational design that is decentralized (Birnik and Bowman 70). This strategy is customer centered and considers needs of customers as per their location and needs. A company that adopts this strategy in its marketing mix benefits in an increase in its revenues since their products will have more appeal to customers. Disadvantages of this strategy include lack of benefit on economies of scale by a company and lack of uniformity in the global image of a company. Samsung Electronics has been successful in maintaining a trade-off between customization and standardization strategies with the help of the internet. According to Hadjinicola and Kumar there should be a combination of these strategies because it maximizes performance of an organization (62). The company has established divisions depending with regions and continents where they are able to customize their products to needs of locals while at the same time availing some non-localized products in these markets. The company has also placed applications for the devices they sell on the internet with and option of individual customization. Using these ways the company has been able to cater for traveling customers and well as local residents in a market. A level of cooperation between the subsidiary products and the parent product optimizes the performance of company products in the market. ii. Cultural Factors Culture of people in a region plays a very key role in determination of a company’s strategic approach in international markets. This is a very vital consideration especially in product advertising and

Case Study Essay Example | Topics and Well Written Essays - 500 words - 57

Case Study - Essay Example The vibrant changes in worldwide economics as well as the continuous evolution of technology require that companies reconsider the manner in which they deal with their shifting talent prerequisites. Some of the changes are contrary to what the companies have been facing in different markets as the new actualities make it mandatory for HR departments to device new and innovative ways of accessing talent all over the world. According to the case study, â€Å"the search for a purple squirrel† symbolizes the manner in which companies in the IT industry attempt to fill vacant positions through selecting and recruiting candidates who are â€Å"perfect†. This statement denotes the endeavors of a company in seeking an individual who brings the model qualifications and experiences to the position (Farrell, 2012). Nevertheless, it can be challenging and almost impossible to find this impeccable candidate in the same way that a purple squirrel cannot be found in the forest (Cohen, 2013). It is possible for the companies that are not IT related to search for the squirrel as in the recent times; companies have demonstrated a desire to hire only individuals who have already done the exact job they are being recruited for. In the process of spotting talent, it is critical to organize the approach to avoid lengthy and inconsistent lists of required traits, which make it had to focus on priorities. It is also important to look out for the candidates who are smart and are able to thrive comfortable in decision-making settings including those that are not completely clear and are able to see the effect of their decisions. Further, candidates that possess a significant degree of mental agility and are able to think on their feet are the most ideal for a company. During the recruitment process, exercises should be developed as a way of identifying the candidates who will be able to make the correct choices in the daily activities of the company. In the process of interviewing the

Implementing Strategy & Managing Change Essay Example | Topics and Well Written Essays - 1000 words

Implementing Strategy & Managing Change - Essay Example The crux of the solution is to facilitate a sense of participation to all the stakeholders associated with the issue to solicit maximum cooperation and compliance. This report concerns the implementation of the proposal regarding setting the standard time in which a fire engine arrives at a location at 12 minutes. This proposal though being placed as an inalienable part of the current RMP has come across stiff resistance from the trade unions, government officials and the public. A successful implementation of this proposal necessitates the appraisal and understanding of the external environment in which the organization operates and identifying the salient cultural, political and technical constraints responsible for augmenting such resistance for this proposal (Greener & Hughes, 2006). It was found that extending a sense of ownership and participation to the stakeholders associated with and impacted by the issue would certainly go a long way in assuring a successful implementation of this proposal (Beitler, 2006). As per the existing best practices corroborated three years ago, a fire engine is expected to arrive at 65 percent of the fire incidents within 5 minutes and at 90 percent of the locations in 8 minutes (London Safety Plan, 2008/2011). As per the available data, in the last three years, the fire engines failed to reach at 65 percent of the incidents within 5 minutes (London Safety Plan, 2008/2011). Hence, the attendance standards desperately need to be revised. Going by the current realities, there will also be instances where the fire engines will take more time then the one enshrined in the existing best practices, to arrive at a location. Hence, the setting the maximum time to 12 minutes is pragmatic and realistic. There exists a plethora of cultural factors causing resistance to the proposal under consideration. In the context of the fire and rescue services, London always commanded a peculiar background and attitude (Pepys, 1995).