Ramona faces a difficult decision after her trip to the headquarters of Next Step Herbal Health. Next Step offered her a lucrative starting salary plus commissions, and a junior manager position. Ramona should not take the position with Next Step due to its questionable business practices, the dismissiveness of the Next Step recruiter when questioned regarding the company’s ethics code and the CEO exhibiting non-ethical and immoral behavior. First, Ramona was able to research and discover that Next Step may be using forced purchase tie-in agreements with its distributors, which is legal in some cases. According to Cornell University Law School, while not all tying agreements are illegal, they can be if they meet certain criteria. Tying …show more content…
people in the corporate world,” inferring that researchers are not sent around the world in search of innovative products. If Ramona easily found this on the internet, Next Step is likely practicing false advertising. Dillon states, “In many industries, false comparative advertising is still common. Companies therefore need to remain vigilant in monitoring the development of this legal field so that they can readily identify competitor false advertising.” According to Dillon, false advertising is harmful to a company as it has the potential to damage their reputation and lose goodwill among its customers (2015). This should also damage the credibility of the company in the eyes of potential employees similar to Ramona. She will remember when the recruiter laughed at the false claims that she obtained through little research, which damaged some credibility she had of the organization. Finally, the CEO of Next Step exhibited certain unethical characteristics that would call himself and his organization into question. He was exceptionally insincere while making statements of how much he cared about people and wanting to improve their lives, to later act harshly to one of the pep rally participants. This is not Christian behavior, and undoubtedly do not coincide with the same values and morals as Ramona. His flashy display was …show more content…
Similar to Matthew 7, in the Twelfth Book of Matthew, verse 33, he states “Make a tree good and its fruit will be good, or make a tree bad and its fruit will be bad, for a tree is recognized by its fruit” (2015). If Ramona disapproves of the CEO’s behavior and actions during the pep rally, she should not sign the contract simply to earn “big bucks” and represent a company with conflicting values. Ramona should not accept the position with Next Step due to its questionable business practices, the dismissiveness of the Next Step recruiter when questioned regarding the company’s ethics code and the CEO exhibiting non-ethical and immoral
Johnson & Johnson, a healthcare company that has dominated its industry for several decades, is currently undergoing managerial upheaval in light of recent blunders amongst its top-tier managers. It has spent years priding itself on appeasing stakeholders and being a safe provider of various pharmaceuticals, but product recalls and subsequent revenue drops have plagued the company as of late. Alex Gorsky spearheads Johnson & Johnson’s revival after previous CEO William Weldon resigned due to missteps. The cause of which stems from misinterpretation of common business ethics through poor leadership and social responsibility that damage the stakeholders.
It's difficult not to be cynical about how “big business” treats the subject of ethics in today's world. In many corporations, where the only important value is the bottom line, most executives merely give lip service to living and operating their corporations ethically.
The movie “Glengarry Glen Ross” presented a series of ethical dilemmas that surround a group of salesmen working for a real estate company. The value of business ethics was clearly undermined and ignored in the movie as the salesmen find alternatives to keep their jobs. The movie is very effective in illustrating how unethical business practices can easily exist in the business world. Most of the time, unethical business practices remain strong in the business world because of the culture that exists within companies. In this film, the sudden demands from management forced employees to become irrational and commit unethical business practices. In fear of losing their jobs, employees were pressured to increase sales despite possible ethical ramifications. From the film, it is right to conclude that a business transaction should only be executed after all legal and ethical ramifications have been considered; and also if it will be determined legal and ethical to society.
Assess: If the preference parameters are sufficient, apply them to the full set of alternatives to obtain preferences.
The eight-step module is a framework tool used to help analyze and assist you in thinking through an ethical dilemma. After Koch Industries acquired Georgia-Pacific, they immediately took steps to transfer its unique and highly ethical culture to their new “family member.” Tom Butz along with a few other Koch employees and Georgia-Pacific employees were in charge of getting the transition started immediately. Butz says “The key, was the commitment from leadership across the company to our vision for compliance and to building the desired culture.”(Travion & Nelson, 2011, p.247) There were some breakdowns in communication at the beginning that may have possibly led to the firing of some employees but I do not believe this can completely be the blame. They have to take responsibility for their own actions, when you deliberately go against something you have to be prepared for the consequences. Letting the employees go will benefit the company and other employees in the long run. I will begin my analysis by gathering facts and defining the ethical issues. Once the ethical issues are defined I will identify who these issues affect and think about the potential consequences. Then I will identify the obligations and reason for each one depending on the people involved. I will then ask myself what a person of integrity would do in this specific situation. And before making any decisions I will think creatively about any potential actions and check my gut feelings about the situation.
Ramona was presented with what seemed to be the opportunity of a lifetime with a very successful company who would be able to provide her with a financially comfortable lifestyle. Due to her hard work and success acquiring her Masters, Ramona deserves to be a part of a great company, a company that will be loyal to her, one that shares the same values and beliefs. With that being said, looking at the situation from an ethical and spiritual perspective, accepting the job would most likely not be a very wise choice. I say this because of a series of things that occurred during her weekend long “get to know you event” which raised some red flags.
Benji's dilemma involves both ethical and business decisions whether to sign a potentially lucrative contract with New Gen Health Sciences or to pass on the oppertunity. To benji it would appear that New Gen operated with ethical business practices based on the evidence he saw in the articles praising the company's effort s around the world in search of natural and organic health remedies. After some digging Benji's found reports that the founder of the company built up businesses, sold them at a profit, as a man of faith Benji would not agree with tis practices if the information was infact true. Benji continued his meet and greet session at the company where he was given gifts. The recruiter told Benji's about the opportunities for advancement within the company as well as the potential to make s handsome salary. Benji asked about the reports of the company's
Most top corporations love to spoil their potential employees with luxurious items or pleasures to persuade them and win them over through buying off potential employees. After reading, I believe that Ramona should not take the offer
Written Case Analysis IBM Salient Case Facts at a Glance: John Akers became the CEO of IBM in 1985. By this time, IBM had registered a drop in earnings for the first time. This trend continued, creating various other problems till John Akers was forced to resign in 1993. IBM was perceived as a ruthless giant with tremendous growth.
For this paper Washington Mutual has been selected to show how the ethical decision making process can be achieve. When it comes to business ethics in the workplace Washington Mutual has designed what can be considered a well balanced workplace with behaviors that are aligned with their moral values and business ethics. Business ethics are sometimes depicted as resolving conflicts where one option can appear to be the correct choice. There are many different ethical dilemmas that are faced by managers and leaders everyday that are highly complex and have no clear choice or guidelines to assist in making the choices for resolution. There are times when an employee has to decide whether or not to cheat, lie, steal, or break their contract. These ethical decisions are real-life situations where they are forced to make on a daily basis. This is why it is ultimately important that all employee know the six steps to ethical decision making that the company uses.
P&G competes in five major industries: fabric and home care, beauty care, baby and family care, health care, and snacks and beverages.
In order to best analyze this case; I will use virtue ethics to help decide what Randall should say and to whom. Randall is clearly smart and educated, yet when presented with a promising job,
I discovered how sticking to one’s morals should be the topmost priority for everyone involved in business, whether personal or professional. Regardless of what the consequences may be, the intensity of the problem, and the complexities it may bring, sacrificing one’s integrity should never be an option, as integrity goes hand-in-hand with the morals of an individual (Duggan & Woodhouse, 2011). They further go on to say that having individuals take part in building a code of ethics that supports employee integrity, they will act ethically. Also, I believe that companies should place more emphasis on the moral behavior of their employees, and clear-cut policies should be set regarding such ethical situations. Furthermore, I realized how serving justice while making decisions really helps in the long run, and that opting to go for the ideal rather than they deserved is not always the best option, and could hurt a company in more than one
Additionally, the bonus money can be fairly divided between the two. Employees have the responsibility to follow and maintain business ethics and the code of ethics in the workplace. Employees have to be honest, communicate at all levels of the organization, deal with issues at the lowest possible level, and avoid conflict of interest that would lead to unethical decisions. Also, employees should be educated about the policies and regulations set by the company in order to maintain ethical practices in the workplace. Jacob and employees in general are bombarded by ethical issues and by abiding by their roles and responsibilities will guide them in making ethical decisions.
P&G’s purpose is to provide branded products and services of superior quality and value that improve the lives of the world’s consumers. P&G values their employees through leadership, ownership, integrity, passion for winning, and trust. P&G entices and recruits best people in the world, builds their organization by promoting and rewarding from within, and believes that their employees will always be the most important asset. P&G has many principles such as (1) showing respect to all individuals, (2) valuing differences, (3) inspiring and enabling employees to achieve high expectations, standards, and challenging goals, (4) valuing personal mastery, (5) believing that all individuals can and want to contribute to their fullest potential, (6)