A Corporation With No Morals - 1036 Words

A Corporation With No Morals Some teenagers today, may not know what business ethics are. Well, business ethics is the difference between right and wrong in the business realm. There are so many companies with good business ethics but in our world we only hear about the companies with the bad ethics. One of those companies is called Enron. Enron is a gigantic corporation that deals with the electrical power in Dallas, Texas. Enron may have destroyed many people’s lives due to the company declaring bankruptcy. Enron’s collapse has devastated the world; especially the market place because no one thought that a corporation that big would ever fall. What the Enron executives did was morally despicable, lying to their fellow â€Å"blue collar† workers and not telling them the truth behind all of Enron’s debts. â€Å"In the space of five days last week, the story of Enron’s collapse went from the merely unusual to the truly baroque, with plot elements lifted from the pages of Robert Penn Warren and John Grisham† (Time Feb 2002 18). Enron executives have brought loads of controversy upon themselves. How does the seventh wealthiest corporation collapse? Why did it collapse? Who was behind all of this? Questions like these are wandering through investor’s heads who invested their money in this company. Enron was a corporation that was built up through loans or â€Å"fake money†. One would call it fake money because Enron really had no clue on how many debts they owed and howShow MoreRelatedThe Moral Responsibilities Within A Corporation971 Words   |  4 PagesCorporations can be large or small but they all have some sort of ethical impact on their employees, shareholders, customers, community, and surrounding environments. Richard DeGeorge writes, â€Å"We can speak of corporations having moral responsibilities to act in certain ways, and they are morally responsible for the consequences of their actions on people.† (p. 200). Large corporations are comprised of the board of directors, management, and their workers. They also deal with suppliers, customersRead MoreThe Moral Responsibilities of Multinational Corporations (MNCs)1617 Words   |  7 PagesMultinational companies like Caltex have a moral obligation to improve the living conditions of the citizens who l ive and work in those countries. Their role cannot be limited to increasing shareholder value, while perpetuating and fortifying political regimes that persecute and discriminate a group, or groups of their citizenry. I liken this to reforestation, and the responsibility that governments and corporations have to our planet. A corporation cannot simply make a profit and deplete naturalRead MoreCorporations Are Moral Agents and Have Obligations Which Go Beyond Obeying the Law.Doc1479 Words   |  6 PagesQuestion 4. It is overwhelming how corporations have embedded a social responsibility in their mission statements and company objectives. This leaves us with one assertion that is that corporations do have some level of obligation towards society’s morality; however, the corporation itself is not a moral agent (Klaus M. Leisinger). The discussion that follows is about corporations being moral agents or otherwise; however I will reach a conclusion that corporations do have an obligation that extendsRead MoreCorporations Are Moral Agents and Have Obligations Which Go Beyond Obeying the Law.Doc1485 Words   |  6 PagesQuestion 4. It is overwhelming how corporations have embedded a social responsibility in their mission statements and company objectives. This leaves us with one assertion that is that corporations do have some level of obligation towards society’s morality; however, the corporation itself is not a moral agent (Klaus M. Leisinger). The discussion that follows is about corporations being moral agents or otherwise; however I will reach a conclusion that corporations do have an obligation that extendsRead MoreSocial Responsibilities And Moral Character Of Business1175 Words   |  5 PagesSocial Responsibilities and Moral Character of Business Milton Friedman was a 20th century American economist who advocated free-market capitalism. In 1970 he submitted an editorial article entitled â€Å"The Social Responsibility of Business is to Increase its Profits† to the New York Times. In the article, Friedman argues that in free market systems it is nonsensical to make corporate entities adhere to â€Å"social responsibilities of business† pushed by activists, as corporations are artificial in natureRead MoreAnalysis : The Corporation Joel Bakan878 Words   |  4 Pagesbook, The Corporation Joel Bakan, presents arguments: that corporations are nothing but institutional pathological psychopaths that are â€Å"a dangerous possessor of the great power it wields over people and societies.† Their main responsibility is maximizing profit for their stockholders and ignoring the means to achieve this goal. This in results portrays them as â€Å"psychopathic.† Bakan argues that: corporations are psychopaths, co rporate social responsibility is illegal, and that corporations are ableRead MoreThe Moral Obligation of Businesses Essay1326 Words   |  6 Pagescommon collaboration. By stages, cooperation will improve into activities that rise towards sustaining that niche society’s wellbeing. People who care about others who are not able to take care of them self like, poor, old, weak, sick, as also know as moral imperatives (Brenan, pg 114). Even though, helping isn’t partial to the above-mentioned groups. Basically thinking regarding citizens, land, atmosphere and nature is known as cultivation. Businesses and Government are also involved in civilizationRead MoreThe Corporation Joel Bakan Presents Arguments872 Words   |  4 PagesIn the book, The Corporation Joel Bakan presents arguments, that corporations are nothing but institutional pathological psychopaths that are â€Å"a dangerous possessor of the great power it wields over people and societies.† Their main respo nsibility is maximizing profit for their stockholders and ignoring the means to achieve this goal, portrays them as â€Å"psychopathic.† Bakan argues that, corporations are psychopaths, corporate social responsibility is illegal, and that corporations are able to manipulateRead MoreDirty Money : Corporations And Crake959 Words   |  4 PagesDirty Money: Corporations in Oryx and Crake In the words of Theodore Roosevelt, â€Å"To educate a person in the mind but not in morals is to educate a menace to society†. Yet, as humans, we all too often forget our own histories, sacrificing morality in order to walk the precarious path towards scientific progress. In Oryx and Crake, written by Margaret Atwood, corporations are elevated to a status that transcends governance, in an ever increasing search of profit. In the process, the younger generationRead MoreEssay on Business Ethics1066 Words   |  5 PagesBusiness Ethics The statement has been made that ethics has no place in business and the implications of this statement and its inferring characteristics provide a complex issue in the operation of national and multinational corporations. Because ethical decision making is often not as profitable as choices that do not embrace ethical elements, the perspective has emerged that the nature of an effective business mindset inherently brings about unethical behavior. In order to consider

Mau Lo Business Expansion - 1569 Words

Mau Loa – Business Expansion Funding opportunities should be explored and increased for small businesses and entrepreneurs doing business in Atlanta, GA (Fulton County). Georgia State Legislators should use their influence to broaden funding opportunities in the City of Atlanta similar to the funding opportunities enjoyed by start-ups in Silicon Valley (Southern San Francisco Bay area). More specifically, State politicians should consider using their influence to assist young entrepreneurs (under the age of 20 years old) with funding for their small business ventures. There are a few successful business incubators and/or other business initiatives to provide education, training, business mentoring and bank financing in Atlanta, GA. However, a lot of these programs target more established businesses. Younger entrepreneurs find it extremely difficult to find the kind of support to truly launch a viable business concept. Mau Loa, LLC Mau Loa, LLC needs to raise business capital to expand its brand into other markets. For expansion efforts to be successful, Mau Loa needs funding totaling $10,000+. I am an eighteen year old, without established credit, running a business that is grossing under a $2,500 in revenue. I need to secure traditional or non-traditional funding for the expansion of the Mau Loa brand. Background The major issue experienced in the fashion industry is a lack of innovation. The CEO and Founder of Mau Loa, LLC, will function as a positive andShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagestwenty-four hours and â€Å"not more than one consecutive WORLD MIGRATION IN THE LONG TWENTIETH CENTURY †¢ 11 year for leisure, business or other purposes,† as tourists are described by the World Tourism Organization.5 Much of this mobility is a continuation and expansion of practices that have been going on for centuries: travel for trade and business, the colonization of agricultural lands, the movement of soldiers and sailors, and the constant ebb and flow of forced and free labor

Scientific And Behavioral Theories Samples †MyAssignmenthelp.com

Question: Discuss about the Scientific And Behavioral Theories. Answer: Problems The firm faces various challenges or problems. First, the workers are apathetic/show no interest but only want to be paid. Secondly, poor management approach is used where the manager is sergeant or so much commandeering. Third, the work is tedious and the production process is hard due to lack of automation. Fourth, the use of highly flammable chemicals is a risk to workers. Fifth, poor sales method is used because often sellers are just standard designers. Sixth, there is a high rate of turnover. Seventh, there is a persistent complaint that clients increasingly receive their products late. Alternatives There is a need to change the management styles in both production and sales department from the current commandeering (strictly administrative) to a shared leadership whereby every workers input is valued. This will make workers be interested in work rather than payment and hence reduce the current high turnover rate. Also, there is a need for the sales representative to be trained in order that delivery is done on time. This must go in hand with productions process enhancement to avail the product in time to eliminate complaints. This can be boosted through automation including online sales where sales representatives are connected to their clients in a manner that orders placed can be processed in time and delivered immediately. Management Theory The best management theories to be adopted is a merger between scientific and behavioral theories. The behavioral theory will help change the behavior of both the management and workers based on best practice behavior. [1] For example, the apathetic workers will become interested because this theory promotes social interactions between the management and workers. Scientific management will help simplify the tasks, divide work equally as well as use monetary incentives to make workers much interested. [2] This is because workers are lab rats and hence shall perform for cheese. Bibliography Hersey P, Blanchard KH, Johnson DE Management of organizational behavior. Upper Saddle River, NJ: Prentice hall; 2007. Waring SP Taylorism transformed: scientific management theory since 1945. UNC Press Books; 2016 Aug 1.

Death, Life, Values and Ethics in Literature free essay sample

An analysis of how each book The Death of Ivan Ilyich, Tuesdays with Morrie and The Trial and Death of Socrates brings the issues of death, life, social values and ethics. This paper compares three books The Death of Ivan Ilyich by Leo Tolstoy, Tuesdays with Morrie by Mitch Albom and The Trial and Death of Socrates by Plato. It explores the similarities and difference that the themes that these books raise. All three books centrally raise the same issues that of death, life, social values and ethics. It is interesting to note how little the mans ideas about these things have changed from 401 BC to present century. These books are a natural insight into the fact that human society is born with some central idea. The books should be used for education to show the development of civilizations and how some ideas are centrally basic to the human race irrespective of the time frame. We will write a custom essay sample on Death, Life, Values and Ethics in Literature or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page