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Economic issues in business ethics
Ethical issues in business environment
The impact of ethical issues on business activities
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Recommended: Economic issues in business ethics
Expecting loyalty and honesty from employees in a fast paced, cut throat industry carries little if any integrity from the employee, leaving a company owner in a very unstable and
sometimes hostile environment. Additionally, being the owner facing this undesirable
environment you must create and protect a completely opposite reality for your customers, more
specifically, your customers must never be subjected to any environment from an employee other
than an honest, friendly and professional interaction!
It is imperative that an owner in this particular industry knows this and protects the
company’s interest, and by doing it in a manner that is conducive to all involved. Having a
business that has very few employees and earns a lot of revenue is a very tempting scenario for
many especially in the ‘Pool Cleaning Service” industry. If a confrontation should occur between
the owner and the employee over theft or loyalty it can easily spillover to your customer.
Example: Newly hired pool cleaner “Joe” is taken on the route and introduced to all of your
Customers, the customers are told that “Joe” now works with me and, “you” will be seeing a lot
more of “Joe”. One day “Joe and I” have it out over Joe going and servicing other pools that are
not mine under my license, with my chemicals, and even does repairs under my name, and keeps
all of the money. In the pool industry it’s called laying the foundation. More specifically,
preparing for the quantitate hijack of accounts in one sweep.
Setting Description:
South Florida, where all of my customers enjoy my work, my work can lure and draw
customers outside and enjoy feeling of fresh sanitized water in their pools. Loyalty,
accountability, honesty, professionalism, and discounts are sub-factors of True Blue Pool.
Commercial accounts are double the work yet, quad-drupel the pay. An optimum action research
model will implement and integrate loyalty and reputation. Lack of evaluation of your newly
hired help can build or end your business in a few months. Creating a culture that would almost
subliminally and psychologically mold my employee into working with “loyalty’ or looking very
silly and dishonest within the industry’s environment that ultimately marks him negatively. The
approach is neither direct authoritarian, (Webber, M.
Top management is spending too much time on employee development and not enough on the overall strategy of the business.
This is a complex case, involving multiple parties and several variables that need to be examined thoroughly. The parties mentioned include Knarles operator of the facility maintenance company, his son Barkley, their employee, a licensed plumber, and Mr. Chetum. Although in the end Chetum is suing the facilities maintenance firm for a breach of contract, all factors must be examined to determine proper fault.
Effective organizations are able to clearly define their ethical expectations by setting high moral standards, writing codes of conduct, and utilizing mentoring programs. “Masters provide your servants with what is right and fair, because you know that you also have a Master in heaven” (Col. 4:1). When organizations clearly define their ethical expectations to their subordinates, they are much more likely to treat their customers fairly. Customers who are treated fairly are much more likely to be loyal consumers of the products or services that the company provides. This helps to establish a loyal customer base that a business can depend upon, thus providing a predictable source of annual revenue. If an employer treats their employees with respect, honesty, and with candor they’ll give the customer 110% (Rion, 2001).
The company has a culture of unquestioning when something wrong surfaced in the company. Take for example the Lockheed documents incident, where the 25000 documents were seen in the company for nearly 3 years before someone voiced his concerns regarding it. This unhealthy culture not only allows unethical practices to prevail, it also hinders company’s growth.
Different levels of breach among different levels of management can cause a lack of concern for ethics as the level of trust between manager and subordinate differ in the amount (Mclean, Litzky, Holderness, 2015). Ultimately, an employee with a high threshold of trust will be more affected by a lack of ethical behavior from their manager than that of a lower trusting employee with less of a relationship with their manager (Mclean, Litzky, Holderness, 2015). The other disconnect is that can occur is the dislike for the company an employee works for (Mclean, Litzky, Holderness, 2015). Organizational cynicism is caused by the negative attitude towards the company and in turn causes the employee to disregard the rules and regulations. Employees who have high levels of corporate distrust will be more inclined to have organizational cynicism (Mclean, Litzky, Holderness,
In addition, the company doesn’t work in ethical manner, and those in authoritative positions never share the decisions with employees because the company tends to operate more by using monologic communication where bosses always speak, while employees always have to listen. For example the consultants find out that an employee called Milton was laid off five years ago but there was no one to tell him. The Bobs try to fix the payroll problem in order to make sure that Milton doesn’t get paid but still they don’t tell him that he is fired, and let him to his job because he no longer receives his paychecks. Moreover, one of the consultants says that “they always try to avoid confrontation if possible”. The way how they fire employees is completely unethical. The consultants usually laugh and make jokes about employees that they let them go which clearly illustrates the lack of care that they have for them. Due to this
There is no doubt that effective leadership requires trust, if the organization wants to behave in virtuous and upright manner, it must maintain ethical standards and have good leadership. If the corporate encourage unethical behaviors, then it will be difficult for the employees to resist the temptation of bending the rules.
2) Big cosmetic retailers across South Florida, near business areas and suburbs (Miami Downtown, North Miami Fort Lauderdale, West Palm Beach.
Duboff, R. (1999). Loyal Employees Are a Key Link to a Firm's Value. Journal of Management in Engineering, 9.
In many circumstances, employees’ behaviors are likely to follow their leader. Enron’s leadership has been extremely influential due to exemplified charismatic. For example, Heffrey Skilling and Kenneth Lay, CFO and one of executive member in Enron, greatly encourage employees to follow their lead. Their incompetence accounting profession directly affects lover level of employees. Eventually, those manipulating accounting activities affect company collapse. Once leadership has done unethical professional accounting behaviors, unethical acts become accepted. Employees have many reasons for remaining quiet. While Enron still have ethical internal rules, when leadership in Enron did not abide and did not provide corresponding example of employees to follow (Prentice 2003, p. 417). Which eventually make Enron’s become one of the largest corporate scandal frauds.
Weakness in my business is lack of marketing expert and kind of small; only be able to fill 40 people in maximum.
Wasserman, Michael. 15 Techniques When Dealing With Customers. My Success Company. 25 January 2005. .
their employees, especially in regard to ne ethical issues that emerge. You must have an ethics
A twenty first century company is not only going to need the ability to please their customers, but to delight them. In order to accomplish this goal, employees need to understand who the company is, and what it stands for. Not only do they need to understand these values, but an employee needs to be committed to upholding them on an everyday basis. Every employee represents their company individually, and the impression that they give the customer is the perception that the customer will have of the company. This is something that many employees don’t think about, or don’t care about. Many fast food restaurants are good examples of this. These companies are operated in such a manner that their employees don’t have any pride, or satisfaction in what they are doing. If you have been to a fast food restaurant lately, you can see how that reflects in the service that you get.
... needs of the business, legal and personal responsibility, as well as the needs of employees and customers and the general public.