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Importance of unethical behavior in business
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The case study of Jacob Franklin, aged 25, offers an analysis of how unethical decisions can damage a company and the repercussions that these decisions cause. Jacob was aware of the unethical situations happening around him, but he was new and unexperienced to the business and it seems that at some point, his hands were tight and he did not have much control to change them. On the other hand, he had plenty of opportunities to make ethical decisions.
Jacob Franklin had recently graduated with a bachelor and MBA from an Ivy League University. He was offered a job at Richardson Drilling Equipment. During a short span of time, he was promoted and he was also offered a job in Seattle. This job seemed to be a better opportunity for his growing family. Although things seemed to be going great for Jacob, he faced different ethical issues.
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Jacob was introduced to the company’s policy. Their policy seemed to prohibit bribes, however he clearly realized that one of the ethical issues was inequality of materials that were exported to other countries like Brazil. In this case, the company chose to disobey the rules and provided countries in Latin American countries a lower quality of their products. This was extremely unethical because the company broke the rules and jeopardize businesses in other countries.
Kant theory “believes that the best reason for acting is a sense of pure moral obligations or duty” (Bredeson, 2012, p.21). The company not only exploited poor nations, but employees also follow these unethical practices. In this situation Jacob had a moral obligation to say something, but instead he chose to keep quiet. Deontological ethics consider this to be intolerable and Jacob should have taken the steps and inform the authorities of this
African or black history was not a study that was done by many until the last century. Studying African Americans accurately as part of American History was an even newer field of history. John Hope Franklin’s obituary calls him, “the scholar who helped create the field of African-American history and dominated it for nearly six decades.” He would call himself an historian of the American South.
It is obvious that executives and managers at both British Petroleum and Transocean have changed the civil right statement “by any means necessary” to reflect their desire to make profits. The unethical behavior that has been engrained within both business cultures calls in the question the ethics of all powerful oil based companies. Leaders must be attentive and adhere to all safety and maintenance concerns. The damage and loss that was incurred could have been avoided if executives would have made more logical and ethically based decisions. Leaders should be able to recognize their psychological tendencies and correct them when making ethical decisions for their businesses. Through striving to make ethical decisions, organizations can set the tone for company morale and success.
One must wonder, if a man dies at a young age from congestion of the stomach, is it because he didn’t listen to his gut instinct to do what is right and moral? Robert H. Gudmestad presented some evidence that it might be possible in his article, The Troubled Legacy of Isaac Franklin: The Enterprise of Slave Trading. From the beginning of his career in slave trade to near the end of his life, Isaac Franklin dealt in business that was less than moral and humane. Isaac Franklin made his fortune selling and transporting slaves, then tried covering up his profession with genius public relations, and subsequently at the end of his life tried to absolve his past by planning a future.
The Autobiography of Benjamin Franklin is a representation of the new prospect of upward mobility in colonial America during the 18th century and the development of the Age of Reason, which assisted in the conception of the idea of the “American Dream”; a dream that includes fundamentally social ideals such as democracy, equality, and material prosperity. Furthermore, Franklin’s autobiography exemplifies a significant shift in focus from religion to enlightenment and reason. Additionally, there were forces specific to Benjamin Franklin's Philadelphia, that played an important role in his perspectives and the changes that occurred within colonial America during the 18th century.
However, unfair acts are not always illegal acts. For the most part these men stayed within the boundaries of the law. In the cruel world we live in it is necessary to be ruthless in your work. There are several people who took their ruthlessness too far and contributed nothing to society but worked only for their own personal fortune. An example of this type of industrialist is Jay Gould (Maury Klein pg. 34).
In conclusion, the film was 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. By following Ricky Roma, we learned 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.
Benjamin Franklin was born in Boston, Massachusetts January 17, 1706. Benjamin Franklin was one of a ton of children. His father's name was Josiah Franklin. He made soap to take care of his family. Benjamin Franklin’s mother’s name was Abiah Folger, she was Josiah's second wife in his life. Josiah was a father and caretaker of 17 children. Benjamin Franklin lived in a large and poor family.
In The Autobiography, Benjamin Franklin recounts the many paramount experiences throughout his life that shaped him into great American figure he was known to be. On the opening page, Franklin reveals the book’s epistolary format by writing, “Dear Son,” going on to admit that he’s made some mistakes in the past and to recollect that past is a way to relive it. By divulging his desire to “change some sinister Accidents & Events” (Franklin 3) the author indicates how important it is for his son to observe as he amends his mistakes. Pride, virtue and vanity play a pivotal role in Benjamin Franklin’s life and the way he portrays himself to others. Instances occur where the author is shown gloating about his great accomplishments and he puts emphasis on his need to live a virtuous and morally perfect life. Throughout his story, Benjamin Franklin tells his son of his many virtuous acts and momentous achievements, motivating the question as to whether he seeks his own approval more so than the approval of his peers.
The purpose of this paper will be to identify and describe ethical tactics used in the Jeanne Lewis case. The writer will also discuss Jeanne Lewis's ethical behavior in light of her decision to work with her employees until she was confident in the strength of her team.
The Autobiography of Benjamin Franklin begins with several anecdotes in the form of a letter to Benjamin’s son. This is the first encounter we have, as the reader, with the aspect of the written word. Franklin writes that he has “had pleasure in obtaining any little anecdotes of my [his ancestors]” (1). Franklin sought a purpose to write about his own life so that it would be shared with his son. He shares his life story of how he went from being poor to rich and famous, and provides a blueprint for the life he hopes his son will be able to embody, as he grows older. The power of the written word is seen through this letter as Franklin can’t relive his life, but he can rewrite anything that he wishes. Franklin proceeds to admit that he may “change some sinister accidents and events for others for favorable” (1) as he attempts to recollect his life through writing. Franklin is able to establish formal reasons for writing this letter to his son, while incorporating playful chatter as well. Benjamin Franklin learned of his family ancestry through notes written, and passed down by his uncle. These notes reaffirm the importance of the written word in keeping
In my opinion Ben Franklin was the most influential of the founding fathers. He did a lot more than just help found our nation though. He was also a scientist, diplomat, businessman, and philosopher. I can't think of any person who is more quoted than he is, and he lived 200 years ago!
Benjamin Franklin, an inventor, scientist, Diplomat, philosopher, educator, writer and without mention a public servant. Franklin wrote a number of books sharing his profound wisdom and advice on life, one of the books being his very own Autobiography. “The Autobiography of Benjamin Franklin” written by Franklin himself between 1771-1790. Although the memoir was never finished, but still gave us a vast amount of insight of Franklin’s Character. Franklin shared the thirteen virtues to become a better person. As listed in the book: Temperance, Silence, Order, Resolution, Frugality, Industry, Sincerity, Justice, Moderation, Cleanliness, Tranquility, Chastity and Humility (301).
Jacob is disappointed and his situation has left him with a decision on what to do with the money. This case study will pinpoint Jacob’s ethical dilemma and what ethical action he should take. Also, the roles and responsibilities of an employee dealing with an ethical situation, as well as the ways of an organization to maintain ethical practices in the workplace, will be discussed. By doing so, Jacob will maintain his honesty and not let his personal interest be in the way resulting trust within the workplace will be maintained.
Throughout this essay I will be arguing if unethical behaviour can make a business fail, this will be done by analysing various case studies such as Ford, Starbucks, Fashion Café and Volkswagen. I will also discuss how corporate social responsibility links in with ethical behaviour.
Many managers and organisations make the mistake of assuming that what’s wrong is illegal and what’s legal is right and if it’s legal it must be ethical. Yet many ethical dilemmas present themselves before the decision makers where right and wrong can not be clearly identified. They involve conflict between interactive parts – “the individual against the organisation or the societ...