Ethical Decision Making and Contemporary Managers Essay

Ethical Decision Making and Contemporary Managers - Essay Example The Enron scandal a few years back and the JP Morgan failure are merely tips of the iceberg in the sense that they clearly point towards the fact that many times the managers in the corporations, moved by self-interest or a more than rational commitment to the shareholders, do end up resorting to unethical decisions which in the long run have a very destabilizing impact on the economy and the society. Hence, one big challenge facing the managers serving the corporations is to resort to ethical decision making in their day to day professional conduct, irrespective of the pulls and pressures they are always vulnerable to. As per the Oxford Advanced Learner’s Dictionary, ethics mean â€Å"moral principles that control or influence a person’s behavior (518)†. Going by the fact that managing corporations is a job that is about allocation and distribution of resources, exercise and delegation of legal and financial power, sharing and concealing of information, there is no denying the fact that contemporary managers do many times come across situations which could press them to waver from the established principles and ethics (Pava 17). The ethical challenges faced by managers within an organization could be of many types. For instance, many times the managers have to face a situation which requires them to strike a balance between reducing running costs and the health and safety of the employees. Here, a manager gave to ethical decision making while never cut upon the expenditure that assures the safety and well-being of the employees. ... Also, for instance, in the present age of technology and IT revolution, managers are required to respect the information pertaining to customers, while at the same time resorting to an optimal use of the available information to maximize sales and profits. No wonder, these calls for a dedicated ethical decision making and the weighing of the decisions taken in the light of the set ethical benchmarks. As employees, shareholders and customers expect the companies to be ethical and above board, a failure of the management in this area my mar the reputation and viability of a corporation in a serious way. Going by this, the most important question that comes to mind is that what can the managers do to act in an ethical way? First and foremost, a manager, to be able to act in an ethical way must have an internal map dedicated to ethical decision making. If a manager adheres to any religion, it is really good as it could serve as a source of deciding as to what is right or wrong. However, managers who are not given to religious affiliations could also draw inspiration from the available secular sources to develop a personal ethical compass that could guide them during their course of decision making. The next thing that could go a long way in promising ethical decision making on the part of the managers is that corporations should make sure that junior managers do always have access to senior mentors within the organization who have a reputation for ethical decision making (Sims 209). This will allow the young managers to have a practical exposure to the challenges involved in ethical decision making and will prepare them to be the leaders of the future. Besides, in their day to day working, the senior management should make it a point to encourage ethical

BUS599 - Integrative Project, Mod 4 Case Assignment Essay

BUS599 - Integrative Project, Mod 4 Case Assignment - Essay Example The model views an organization as a summation of different components that interact with each other. The model advocates that the success or failure of an organization is dependent on the effective functioning or dysfunction f the components; i.e. the degree of congruence of fitness among the components. As per the objectives the outputs of an organization on three different levels; such as over all organizational level, group level and at last but not the least at the individual level would be analyzed by using the Convergence Model. The organization chosen is: Whole Foods Market (Anderson, 2011). Company Overview Whole Foods Market is an Austin Texas based food retailer. The company sells natural organic products. The company has come a long way since the humble beginnings in the year 1980. Today the company is believed to be a leader in organic foods industry. It has over three hundred stores in UK and North America. Outputs at the organizational level As discussed before Whole F oods Market provides healthy organic foods to the customers. The product line of the company can be categorized as; 365 Everyday Value products provide valued prices on each day of the year. Exclusive products include new products launched by the company in the market. Premium body care products include personal care products that meet strict quality and environmental guidelines. The rest of the two members of the whole Foods Market include Whole Foods Market and Whole foods trade. In order to analyze the overall organizational output of the company three key factors needed to be considered such as overall goal attainment, efficiency in resource utilization and ability to adapt to different environment. The overall goal attainment will be discussed at the end of this segment as it is believed to be a dependent over the other two factors. The resources of the company can be categorized in to dimensions such as human resource, reputation and innovation resource. When it comes to human resource Whole Foods has really managed to excel in that department. It is quite difficult to measure knowledge. But going by customer loyalty and trust among the customers it can be summed up as an output of the knowledge and efficiency of the customers. The harmonious and beneficial relation of the company doesn’t end with the customers only. The same could be said about the suppliers also. Whole has managed to grab the number one spot when it comes to innovation. The health related movements has helped the company to promote the concept of healthy lifestyle among diverse age groups. Whole Foods have managed to create value of its own kind as far as reputation is concerned as the company has been able to develop an image of reliability. As far as ability to adapt to different condition is concerned the results speak for it. From the humble beginnings the company has expanded its business across the borders successfully. This only happens to be by product of the ability of the company to adapt to different conditions successfully. The organic food business is a large and growing industry. In the initial days the awareness of the products among the people was very low. Whole Foods played a key role in creating health related awareness among the people which has lead to the growth of the business. The market is expected to grow over the years. And it is needless to say that the company has is the leading market share holder of the industry. The third quarter earnings of the company increased by 32%. The sales stores increased

Analyze how instructors use strategies to ensure students' Term Paper

Analyze how instructors use strategies to ensure students' understanding in the reading and writing components of the reading lessons, including both mainstream and language minority students - Term Paper Example The assessment for this lesson will be a quiz with 20 items. The quiz will be consisted of 5 examples each punctuation (commas, quotation marks, colon and apostrophes). The students will be evaluated by asking them to make or provide their own examples of sentences using the punctuations. They will not only be evaluated about the lesson but also their ability to compose sentences. Using the spelling booklet, the students will have a quiz. There will be 22 words to spell from easy to difficult high frequency words. The students will also be asked to write 2 examples each for each pattern for a total of 18 words. The quiz will have a total of 40 items. There will be two assessments for this lesson. One is a conducted spelling contest and the second is a spelling quiz. The spelling contest will be conducted to 3 groups among the students. Using the dictionary, the students will answer and spell the words asked by the instructor. This is a fun way to test their ability to use the dictionary to spell correctly. There will be three categories: easy, medium and difficult. The easy category will have 10 easy questions. Medium category will have 5 questions and difficult category will have 5 questions. Using the spelling booklet, there will be a spelling quiz for 20 items. Without using a dictionary or thesaurus, students will have to answer individually using their spelling booklets the 20 words to spell. This will assess the students about the lesson. The lesson focuses on identifying the parts of the sentence and constructing correct simple and compound sentence. The assessment of this lesson is to create a minimum of 500 word essay on the topic of their choice. The students should be able to apply the lessons from day 1 to 5 to a bigger perspective. Thus, the students should be able to create an essay by using correct punctuations, spelling, and applying correct subject/verb agreement on simple and compound

World trade and money Essay Example | Topics and Well Written Essays - 3250 words

World trade and money - Essay Example National governments can often vary the levels of protection to reflect perceived national interests, and as a reflection of which countries they prefer to trade with. Protectionism is the restriction of trade through various means and measures. Protectionist measures such as import quotas tariff restrictions, and complete bans of imports of certain products or products from certain countries have been around for a long time. There can be less formal protectionist measures such as insisting that imported products have to meet certain quality or safety standards, and in the past some countries insisted that imports were only allowed through certain ports or airports that only limited storage capacity.1 Such measures have tended to be adopted by national governments to protect their own domestic producers and businesses from foreign competition. Tariffs and import quotas have been justified by arguments about protecting jobs, vital or sensitive sections of the economy, and of course bu siness profits. The criteria or justifications for adopting protectionist measures and policies will vary from country to country, sometimes those justifications can contradict each other leading to differing levels of protectionism for differing sectors of differing economies.2 Protectionist measures can be overtly restrictive such as the imposition of tariffs, custom, and excise duty charges, import quota levels or outright bans on the importing of specific products. The imposing of overt protectionist measures can have various responses.3 Protectionism can lead to trade wars between rival countries or increasingly between rival trading blocs. The adoption of protectionist measures can lead to trade discussions between those countries and trading blocs. Trade discussions can either involves direct talks or talks through trade organisations such

Performer is a man of action. He is not somebody who plays another. He Essay

Performer is a man of action. He is not somebody who plays another. He is a doer, a priest, a warrior... What is Acting - Essay Example The works by Aeschylus, Euripides, Sophocles etc, are the treasures of the classical drama. In different times drama has unfolded several new facets that have brought revolution on the stage. In the Restoration era, drama featured absolutely different characteristics. (Jahn, 2003) It became more vulgar and vigorous, portraying the lecherous and degenerated society. The works of Wycherley, Etherege, Moliere enriched this age with their worthy contributions in drama. However, these were mostly comedies. The revenge tragedies such as Thomas Kyd’s The Spanish Tragedy, the Seneca’s bloodthirsty tragedies and many others of this genre, exhibited a gory and violent trait of stage performances. On the other hand in later period the classical notes are represented again, in the Shakespearean drama (both tragedies and comedies) with a close connection with the modern psychoanalytic traits, such as Macbeth, Hamlet, Othello, Julius Ceaser etc. In the later period, nineteenth centur y ushered a whole new schools of drama with several innovative carves in it. The dramatists like G. B. Shaw, Henrik Ibsen, Brecht etc. came up with excellent notions that metamorphosed the entire figure of world drama. The versatility in the genre of drama has kept the definition of acting or performance moving continuously. Each genre exhibited his or her uniqueness. An actor cannot be captured in a certain frame of definition for a very general reason. He/ she always keeps changing their roles according to the drama. He is essentially a ‘doer’ and hence a performer too. Acting is an art that the performer procreates in each moment of his/ her lifetime by giving life to series of characters, and such a performer who cannot be categorized in any definite role because the art of acting is universal. Dissimilar from the actors in ancient Greece, who were honored, it is supposed that the actors of Rome in the

Contemporary Issues in Sport and Leisure Essay Example | Topics and Well Written Essays - 2500 words

Contemporary Issues in Sport and Leisure - Essay Example an as apathy or indifference – interpreted in parallel with the US’ approach to pressing modern-day issues; and 3) the globalization of soccer has been presented as a reflection of interdependency and unity among audiences, and among nations. The 202 Soccer World Cup has been acknowledged as the â€Å"greatest show on earth†, and it is said that the number of people who watch the event exceeds that for any other event (Sportsprof.com, 2005; Finance Professor.com, 2005; The Globalist, 2002; The Missouri Review, 2005). Moreover, it is a record-setter, establishing new breakthrough records every time it is staged every four years. However, only a handful of Americans will be among this number. The 2002 event will all the more boast of a large audience since Asia is among one of the most populated regions in the globe. The Globalist (2002) has estimated that for that year, pegging China at 350 million television sets, the total number of viewers may be just a little less than 3 billion. In the Sub-saharan region, there are only about 67 million television sets for a populace of around 530 million, but the zest with which Africans feel for the game would compel them to be tuned in to their radios instead. This passion for the game of other races and regions is placed in stark contrast against that of Americans, who have placed themselves in voluntary exclusion. It is interesting to note that soccer has been taken as a mirror of politics, where the US has taken a similar stance of apathy. It is said that soccer is more than just a game, but rather is a â€Å"microcosm of life itself†, along with its emotions and parallelisms. Further, some authors assert that this indifference indicates a more profound truth about world politics; that is, the United States has wilfully chosen to isolate itself in several critical areas, such as the struggle against global warming. The present study intends to assess the sociological aspects of the globalization of soccer in the

Son Of The Revolution Essay Example for Free

Son Of The Revolution Essay STRUGGLE AGAINST ONESELF; CRITICIZE REVISIONISM (p. 144) was a slogan often used during the Great Cultural Revolution. In reality, the Cultural Revolution was not great at all. It was an unwarranted attack on personal freedoms of Chinas people. The Chinese fought themselves, they even acknowledged it as a struggle. They looked upon this struggle as part of the great Cultural Revolution. At age 3, a boy should not be held accountable for his parents political status. Yet, Liang Heng was. One mistake on his mothers, Yan Zhi-de, behalf changed his life forever. Yan Zhi-de uttered the words that the leaders of the Party would not listen to the masses opinions when it came time to give raises. This led the Party to label her a rightist. What began as the Hundred Flowers Movement quickly changed to the Anti-Rightist Movement, leading many to the path of poor political performance. In turn, disgracing her family members, she was sent to become a peasant. For the rest of her life, Yan Zhi-de remained a peasant. After this incident, Liang Heng, Liang Wei-Ping, and Liang Fang had been labeled Rightists children. Though each of the children attempted to fit in, the other students picked fights with Liang Heng and the children never had the opportunity to join the Red Guards. Not until Liang Heng tricked his way into being admitted into the group. Liang Heng saw many different aspects of the Cultural Revolution. He became a student, a peasant, a basket ball player, factory worker, and finally an intellectual (writer.) Liang Heng had been falsely accused of many crimes throughout his life, and he held his ground firmly. Fate had another choice for Liang Fang. Though she would try desperately to join the Communist Youth League, she was never able to. However, she did join the Red Guards and later became a Rebel. Ultimately, she ended up as a peasant until her mid-twenties. Liang Wei-Ping joined the Educated Youth which was the determining factor that led her to become a peasant. Liang Shan had one of the most miserable situations out of the entire family. Once his wife had been declared a rightist, he immediately attempted to  break off all relations with her. This was unsuccessful. Everything in his life went downhill from there. He was publicly humiliated and suffered mental torture due to the fact that he had to criticize himself. Liang Shan was sent to a re-education center for a number of years, then spending the rest of his days in the countryside. He eventually had a stroke and lost the abilities of his left side. The Cultural Revolution was a serious mistake. A mistake that took many happy homes and destroyed them. Neglecting to seriously care about the people of his country, Chairman Mao started a disaster. Thankfully, this disaster ended with his death. That allowed people to live somewhat normal lives, compared to the horrible lives the lower class was forced to live during the Cultural Revolution.