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Ethics and integrity in business
Relationship between business and ethics
Ethics and integrity in business
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1. What are the relevant facts? Don Bradish was recently hired to fix scheduling issues with the new company in which he works, The Fitzgerald Machine Company. There are a few relevant facts that were given in this case study. The first and foremost fact is Mr. Bradish was hired because the company is having issue with their scheduling. This is important because he comes in with a relevant degree and years of experience with a reputable company. He is going to be looked for to find a solution to the issue outlined in the case study. The second relevant fact in the case study is that the company that The Fitzgerald Machine Company is working with is having labor issues. This is considerable because the $300,000 order is a considerably large …show more content…
According to page 64 of the textbook Business Ethics Ethical Decision Making and Cases, “honesty refers to truthfulness or trustworthiness. To be honest is to tell the truth to the best of your knowledge without hiding anything”. As previously mentioned it is the most ethically honest thing for Don to do in this scenario. By him informing Jane as soon as possible she is able to work on fixing the issue. The second alternative of Jane informing the customer of accidently sending the invoice in the mail prior to the items completion is also ethically fine. She may lose the customer by being honest but it is the best decision for the Fitzgerald Machine Company because she doesn’t want to be known in the industry as a bad business partner. By admitting the mistake there is a chance the customer may forgive the issue of mailing the invoice prior to the items completion. The third alternative of not charging a storage fee for the items is also ethical. This is ethical because the items are not completed to even charge a storage fee. It would be unethical for the company to mail the invoice, not complete the items in the next week or more and charge a storage fee. This is a receipt for disaster and would almost guarantee losing the company the Fitzgerald Machine Company is working
Critical Response: Given the three possible responses from the book, I feel like #2 is the most ethical of the three. However, I feel like all three aren’t satisfactory ways to treat this situation. I will analyze them one by one, then give my opinion of what the salesperson should do.
When it comes to safety most people think they are safe, and they have a true understanding on how to work safe. Human nature prevents us from harming ourselves. Our instincts help protect us from harm. Yet everyday there are injuries and deaths across the world due to being unsafe. What causes people to work unsafe is one of the main challenges that face all Safety Managers across the world.
“Linen company A” cleans linens for local hotels and restaurants. The linen company has had a drastic increase in their amounts of work to the point that their labor force is insufficient. To hire more labor is feasible, but they would like to keep from doing this, allowing themselves to save money in the long run. They’re problem is lack of labor, and the want to maximize efficiency in the workplace.
A company known as Apex Art was recently asked to prepare a bid on 500 pieces of framed artwork for a new hotel. If Apex Art wins the bid, then the benefits would lead directly to sales representative Jason Grant, whose income relies on commission. In other words, he would receive a large sum of money as a result of the winning bid. The cost accountant for Apex, Sonja Gomes, prepared the bid and calculated the total product costs of the framed artwork to be $121,000. Since the company policy states that the pricing must be at 125% of full cost, Gomes provides Grant a total amount of $151,200 to submit for the job. Grant notifies Gomes that at the price of $151,200, the company is incapable of winning the job. He confesses to Gomes that he had spent $500 of company funds to treat the hotel’s purchasing agent to a basketball playoff game where the purchasing agent revealed to him that a bid of $145,000 would win the job. At first, Grant had no intention of letting Gomes know of this information because he was sure that she would have developed a bid that would be below the amount that the purchasing agent told him about, $145,000. Therefore, he thoroughly explains to Gomes that if the company does not take advantage of the important information that the purchasing agent had revealed to him, then the $500 of company funds that he had spent would go to waste. Nevertheless, Apex Art would still generate some profit if it wins the bid at $145,000 because it is higher than the full cost of $121,000. In order to come to fair grounds, Gomes advises Grant to use cheaper materials for the frame, which will assist him in attaining a bid of $145,000. Since the artwork was pre- selected and thus cannot be altered, the total amount of cost redu...
Under what conditions might the parties to the alliance discussed in this case dissolve or end the relationship?
Holley, Jr., W., Jennings, K. & Wolters, R. (2012). The labor relations process. (10th ed.). Fort
General Motors has made great progress towards diversity however, it took the lawsuit in order for the company to do so. Adding females and minority to the upper management. Had the HR department of General Motors followed the EEOC regulations, this lawsuit could have been avoided.
We are sourcing our 12 oz. aluminum cans from Southern Virginia from one the largest aluminum product providers in the region, Ball Corporation. Since this is a domestic transaction we will not be using Incoterms but we still will negotiate a contract with the supplier. Ball Corporation has many corporate accounts that buy in much large quantities than we are currently capable so we are facing a higher unit price. Industry averages for companies our size indicate Patriot Brewery will pay $0.06 to $0.07 a can. Ball Corporation has an extensive distribution network and those cans, which are hard to ship because of their volume and weight, will be delivered to our manufacturing plant within one business day. Because of their superior logistics capabilities, we are using the Uniform Commercial Code FOB Destination, Freight Collected. We decided upon freight collected because of the difficulty and risk of damage associated with shipping aluminum cans.
As we learn from the case study, the Lincoln Electric Company is the largest global manufacturer of machines for welding, which are used in all kinds of construction projects. This means that the company has a large global presence and many employees, so its culture affects thousands of its workers. Even though it is now 2014, the company still has a large market share and very satisfied employees, so clearly the culture leaves employees satisfied and motivates them to work hard for the company.
The owner could have had the job done correctly the first time and should have double checked everything to make sure it was done on the day his workers finished the job. By doing this he would have prevented a lot of phone calls from Stu and it would have made Stu a lot happier. On the other hand, say if they would have forgotten to do the small things, the owner should have had one of his employees go out to Stu Murphy's house and finish the job the day after he received the phone call. If one of his employees was not able to finish the job then the owner should have gone out to the house and finished the job himself. It is ultimately his job to make sure that all of his customers are satisfied because like stated in the case, his main form of advertisement is word of mouth. After the job was finished, the owner should then call Mr. Murphy or go by his house and make sure that the job was everything the Stu was looking for, even if he does not get a
Callahan & Associates, LLC is a leading private investigating agency with operations spanning 4 states in the US, Tennessee, Alabama, Florida and Georgia. Our Private Investigator Knoxville, TN services are focused on a number of industries including insurance, companies, law firms, government agencies and private clients. The investigators at Callahan & Associates include retired federal agents, surveillance specialist, criminal investigators and undercover narcotics agents. Our core investigative services are centered on the following key areas:
Keda Industrial Company Ltd. (Keda) is a world leader in building materials machinery. Established in 1992 as a small ceramics machinery manufacturer, rapid growth in the past decade has granted Keda recognition as one of China’s top 500 national machinery manufacturers as well as one of the world’s top 10 building materials machinery enterprises. Recognizing their current systems were no longer sufficient, Keda recently underwent a remarkable, successful SAP enterprise resource planning (ERP) implementation.
Corections corporation of America was started in 1980 by Don Hutto, Tom Beasley, and Dr. Robert Crants. They created the first private prison that was able to save the government and tax payer’s money. They did so by industrializing the industry and specializing in the industry. Since 1980 they have become one of the largest prisons in America. CCA define itself as “being the first and leading corrections corporation in America that partners with the government agencies Federal Bureau of Prisons, Immigration & Customs Enforcement, and the Unites States Marshals Service. CCA considers itself an innovative and cost efficient business that provides safe, nurturing, educating, and rehabilitating service facilities. “ (We Are CCA, 2013) CCA aims to be the best corrections company in the United States. I think that CCA mission statement applies for both present and future, they want to be the best and will need to continuously be innovative in order to obtain the results and benefits for all people that are affected. “the company states that it is the fifth-largest corrections organization only outdone by the federal government and three states (Who We Are, 2013). The corporation is proud to be a private corrections company but with close ties to
Volkswagen of America (VWoA) over the years has had to adapt many of its processes and business objectives to meet an ever-changing environment. VWoA has been subjected to several iterations of IT management and project guidance solutions changes and is no better for it. More recently, funding for many projects deemed high priority by business units of VWoA was cut or reduced, by selection of a committee that organized, reviewed, and prioritized all projects. With a budget of $60 million not all of the projects, in total $240 million, could be completed but the question remains - is this the right way?
On June 1st 2009, General Motors entered bankruptcy protection and has been fighting there way back ever since. In November of 2010, they sold a portion of their stock holdings and bought them all back by the end of 2012 allowing the company greater financial flexibility (General Motors, 2016).