Ethical Conflicts that can arise within Companies

The purpose of this paper is to examine an ethical dilemma faced by a company who manufactures critical components for a pacemaker developer. The consequentialist ethical theory of utilitarianism will be used to evaluate the moral implications this company has in continuing further manufacturing for their pacemaker client. An overview of utilitarian ethics will be discussed, focused primarily around 17th century philosopher Jeremy Bentham’s ideas about ethics. His framework will be used to present factors that influence the transistor company’s business decision. Finally, the Utility Test and Common Good Test will be applied to the company’s predicament to help determine the correct ethical course of action for this

What is ethically responsible management? How can a corporation, given its economic mission, be managed with appropriate attention to ethical concerns? These are central questions in the field of business ethics. There are two approaches to answering such questions. The first one is Milton Friedman’s shareholder theory of management and the second one is Edwards Freeman’s “Stakeholder” theory of management, two different views about the purpose and aims of a business.

Luke is an employee of ABC Company. He has been assigned to a construction of an adult entertainment retail store within a neighborhood his brother, Owen, lives in. The development of the retail store has not been made public yet and will be announced one month from today. This announcement will decrease the property values of the surrounding areas significantly. Owen is trying to sell his house. He told Luke that he recently received an ‘okay’ offer. However, in hopes that a better offer might be present itself in a few years after the real estate market improve, he has not taken the offer yet. Luke is very close to his brother, which makes him concerned about his confidentiality obligation to ABC Company.

Any employee who feels that he or she has been subjected to sexual harassment should immediately contact the Human Resources Department for investigation and corrective action. Protection from retaliation will be provided and confidentiality will be provided as much as reasonably possible. Any employee who witnesses someone engaging in what could be deemed as sexually harassing conduct is obligated to notify the Human Resources Department even if the victim says that they can handle it or that they can take care of it themselves. Sexual harassment is an illegal act and must be reported and investigated just like any other illegal activity.

Potential Solutions The Carlson Company has two potential solutions for their dilemma of whether or not to expand. The first one being they can reject the expansion and let this business opportunity slip away from them. Obviously, there was some conflict internally between the board and higher executives at the company which would lead to a tough expansion. When a business opportunity is this advantageous and consequential there needs to be cohesion among executives to ensure smooth expansion.

The contents of this document define specific consideration for the legal and ethical issues within the whole merger process, accompanying with suggested implementation plan for managing the prospect legal and ethical anxieties for the merger, the proposed plan clarifies establishing an ethical and healthy work environment with proposed resolution to the mentioned issues.

Dress Code: Company X requires business casual dress Monday through Thursday each week. Appropriate dress Monday through Friday includes slacks, khakis, corduroys, skirts or dresses no more than 3” above the knee, capris, polo collar knit or golf shirts, short-sleeve blouses or shirts, oxford shirts, jackets or sweaters, turtlenecks, company logo wear, sport coats, blazers, dress shoes, moccasins, casual heels, open-back shoes. Inappropriate items Monday through Friday include leggings, sweatpants, exercise wear, shorts, jeans, skirts or dresses more than 3” above the knee, low cut blouses showing cleavage, shirts with writing (other than company logo), beachwear, t-shirts, sweatshirts, sleeveless blouses or shirts, crop tops, clothing showing midriffs, spaghetti straps. * Friday is considered casual day, on which jeans and tennis shoes will be allowed. All other dress code rules remain in effect on Friday’s.

Globalization has led to reduced barriers and smudged out borders between countries. This allows more international manufacturing. As a result, sweatshops has arisen in developing countries, to serve as cheap labor for companies across the world. In many cases, it is cheaper to both produce and ship products from another country than to manufacture them nearby the business 's own location. Sweatshops are factories with unfair wages, excessive working hours , poor working conditions, and in some cases, child labor. The existence of sweatshops raises an important question: Is profit more important than morality? Whose responsibility is it to uphold standards of safety and pay? Some people argue that sweatshops are beneficial for both companies and workers. They claim that sweatshops create jobs for people who would otherwise be unemployed. Sweatshops give an opportunity for people to support their families. In this paper, I will argue that the existence of sweatshops are impermissible and unethical. To establish my position I will answer arguments that support the existence of sweatshops and explain why those reasons are unethical. Firstly, I will use Tom Morris’s book If Aristotle ran general motors to suggest a rule that we should guide our behavior after. This rule will lead me into Rawls 's theory of justice and how this idea applies to sweatshops. Secondly , I will

A Sticky Situation is a case that exemplifies the ethical dilemmas individuals face in the business world and how ethical theories can provide various solutions. In this case, Kent Graham has been an account manager at Dura-Stick Label products for two years, a deserved forerunner in the industry of label converting for durable-products. Although Kent was hired with 10 years of previous experience in label converting, his work at Dura Stick has not been up to par with the company’s reputation. Due to this, Kent believes that if he doesn’t close on some big accounts, he will lose his job and ultimately not have the resources to support his wife and two children.

Many questions on privacy and electronic monitoring of employees make complex answer. This paper will explain the ethical dilemmas that arises from the employer.

Write a paper on a specific problem of ethical leadership, such as environmental issues, shareholder or stakeholder responsibility, regulatory relationships or sexual harassment or discrimination.

Traits associated to a psychopath include irresponsibility, manipulation, grandioseness, lack of empathy, asocial tendencies, inability to feel remorse, refusal to take responsibility for one's actions and superficial relations with others. Modern day corporations display every one of the previously listed characteristics. Is it right that an institution, whose power now rivals that of the State that once created it to seek the better welfare of its citizens, display the psychological traits of a dangerous personality disorder? Many say no: there is a rising discomfort with the corporation and its pervasion into every sphere of human life and it is this uneasiness that has prompted many academics to further study the corporation and its

It seems like business morals and ethics are being whisked to the side in lieu of the ever growing demand of higher stock prices, rising budget goals and investor profits. Despite the increased regulation of corporations through legislation, such as, Sarbanes-Oxley, some corporations still find themselves struggling to maintain ethics and codes of conduct within the workplace. In reviewing the failings of the Enron Scandal, one can heed the mistakes that both individual and organization malaise, such as, conflicts of interest, lack of true transparency and the sever lack of moral courage from the government, executive board, senior management and others, contributed to the energy giant’s downfall.

Business ethics examines ethical principles and moral or ethical problems that arise in a business environment. Business ethics often encompasses many concerns such social responsibility, sustainability, labour practices and environmental development. Business ethics as a concept fundamentally applies to all aspects of business conduct and is relevant to the behavior of individuals and entire organizations. Desjardins (2011) suggests that business ethics is the study of business from an ethical viewpoint. It is about organisational conduct and the ethical consequences of business behaviour. Companies can define ethical business values by outlining clear examples of right or wrong, thus used as a way to guide the behavior of an organization. Carroll (1979) notes that the social responsibility of a business includes legal and ethical expectations that society has of organizations. Their legal responsibility is their obligations to fulfil their economic mission within the confines of the law. Their ethical responsibility is to act as a way to maintain the license to operate (Carroll 1999) which is why core values of business should be in line with core values of society. The World Business Council for Sustainable Business states that businesses have and should have a continuing commitment to behave ethically (Holme and Watts, 2000). Market economies once became stagnant which is an external pressure of business ethics, the concept was no longer the focus of a duty to society or

Ivanovic Djukic and Predic (2010) show that exceptionally valuable measure is the code of corporate administration that permits stakeholders to perform agreeing their privileges and energizes straightforwardness of the topmost supervisors (Predic and Ivanovic–Djukic, 2010). Hence, in the research paper, we are going to explain and discourse about the approach taken to solve the ethical concerns or conflict amid shareholders and firm managers known as agency problem or conflict.