As the proceedings of the past few years have shown, these labors, regrettably, have not prevented companies from engaging in unethical behaviors that lead to larger corporate disgraces. As a result there is augmented force to make accessible more structured power and ethics programs so that companies are more accountable to the societies in which they function.
Understanding the setting of business ethics can be very difficult. The field is vast, often encircling such concerns as corporate governance, reputation management, precise accounting, fair labor practices and environmental stewardship. In fact, the field addresses the complete range of responsibilities that a company has to each of its stakeholders like those who have a vested interest in the judgments and actions of a company, like clients, workers, shareholders, suppliers and the society. Depending upon the company in question, one may even be able to distinguish additional stakeholders. The field of business ethics…...
Trying to arrange away conflict and difference in a dynamic atmosphere necessitates great quantities of energy, and will also repress any affirmative results that may come from variance, such as enhanced decision-making and novelty (Organizational Leadership Managing Conflict, Power and Politics, 2004).
The functional view of organizational conflict sees conflict as a creative power, one that can inspire associates of the company to augment their information and skills, and their involvement to company originality and output. This advance considers that the keys to organization achievement lie not in arrangement, clearness and organization, but in originality, receptiveness and compliance. The triumphant company needs conflict so that deviating views can be put on the table, and new manners of doing things can be produced. The functional view of conflict also proposes that conflict supplies individuals with feedback about how things are going. On the other hand, this necessitates that conflict not be…...
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References
Baligh, Helmy H. (2006). Organization structures: theory and design, analysis and prescription.
New York: Springer Science & Business Media, Inc.
Organizational Leadership Managing Conflict, Power and Politics. (2004). Retrieved March 11,
Mark Young, a professional painter who previously worked as an independent contractor lands a job as the head of the painting department in a large health facility. He starts of as a task-oriented leader, geared towards goal attainment at the expense of the personal and work-related needs of his employees. With time, however, Mark relaxes his style of leadership, and begins to interact more with his subordinates - both at the professional level and personal level. He enjoys seeing his employees develop professionally, because such personal development drives the success of the department as a whole. In fact, he aids in such development by delegating some of his duties to subordinates. The department's performance has improved substantially since Mark took over, and a fair share of this improvement can rightly be attributed to his interactive style…...
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References
Daft, R. (2014). The Leadership Experience (6th ed.). Stamford, CT: Cengage Learning
Northouse, P. (2012). Leadership Theory and Practice (6th ed.). Thousand Oaks, CA: Sage.
This would lead to a new round of calls for increased ethical standards. (De George, 2005)
Name at least three reasons why ethics are important to your job/profession or a job/profession you would like to work in Three reasons why ethics is important would include: it helps improve decision making, allows us to go beyond traditional business theories and it creates a culture of acceptable behavior within an organization. Decision making is improved, because executives can see the impact of their actions. Ethics help managers to choose the outcome that will have greatest impact, resulting in improved decision making. Once this takes place it allows, executives will be able to see what is occurring beyond traditional business theories. Where, ethics will shape how each theory is applied and to what degree. Over the course of time, the consistent application of ethical standards will become a part of the business culture,…...
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Bibliography
Business Ethics. (2010). National American University, 6 -- 146.
It is projected that at least 10% of the individuals receiving the survey will respond.
There are a variety of reasons for using qualitative methods in a study such as this one. Even though there are drawbacks to the qualitative method including (but not limited to) the fact that respondents are not known and could be lying, the responses are very subjective, and the questions themselves are quantitative in nature, it is still deemed that the expense and time necessary to employ other methods would be to exorbiant in nature.
It is also determined that there are a number of others studies currently available that can provide data that shows the effectiveness of direct mail advertising, therefore, the focus would be on the sports magazine aspect rather than direct mail per se. Qualitative methods are therefore deemed the most appropriate for this study.
eferences
De Chematony, L.; Cottam, S.; (2009) Interacting contributions of…...
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References
De Chematony, L.; Cottam, S.; (2009) Interacting contributions of different departments to brand success, Journal of Business Research, Vol. 62, Iss. 3, pg. 297
Payne, a.; Storbacka, K.; Frow, P.; Knox, S.; (2009) Co-creating brands: Diagnosing and designing the relationship experience, Journal of Business Research, Vol. 62, Iss. 3, pg. 379
Roderick, J.B.; Whittome, J.R.M.; Brush, G.J.; (2009) Investigating the service brand: A customer value perspective, Journal of Business Research, Vol. 62, Iss.3, pg. 345
Teddington; (2008) the innovative media offerings for a man's world, Campaign, Oct 10, 2008, pg. 17
Theory vs. Creativity in Design
Leaders have a task of moving the organization forward in a fashion that is supported by all stakeholders. After allocating resources to bolster organizational success, leaders must primarily assess and accept the risks related innovation. Innovation includes accepting new management theories to replace the outdated philosophies widely incorporated into an organization's procedures and policies over time (American Evaluation Association, 2004). This study aims to identify, discuss, and recommend strategies to create tension between existing management theories and management's ability to create new business paradigms. The study will also identify and discuss stakeholder attitudes towards innovation, ethics, and inclusion as primary drivers of a successful organization. While focusing on innovation and ethics, the study will suggest ways in which organizational leadership can prepare a company for the future and current environmental changes.
How leaders integrate innovative principles while adhering to industry and market mandates
Integrity and honesty: Organizations must…...
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References
American Evaluation Association. (2004). American evaluators association guiding principles for evaluators. American Evaluation Association. Retrieved from http://www.eval.org/p/cm/ld/fid=51
Bogan, C.E., & English, M.J. (2010). Benchmarking for best practices: Winning through innovative adaptation. New York [u.a.: McGraw-Hill.
Burton, R.M. (2008). Designing organizations: 21st century approaches. New York: Springer.
DiMaggio, P. (2011). The twenty-first-century firm: Changing economic organization in international perspective. Princeton, NJ [u.a.: Princeton Univ. Press.
Business Before Referencing
Tzu, Sun. The Art of War. Forward by James Clavell. New York: Hodder & Stoughton Ltd.,
What does an ancient Chinese classic about the nature of a now-obsolete form of warfare have to teach us, in modernity, about how to manage others and navigate the current business environment? A great deal, The Art of War's presence in many business class syllabuses would suggest. Indeed, certain aspects of The Art of War by Sun Tzu seem even more relevant today than in the past. How to combine moral authority with fierceness and tenacity in an increasingly competitive environment is a challenging question faced by many organizations.
One of the first principles stressed by Sun Tzu is the need for a leader to follow a moral law, what we might call a vision statement in modern business vocabulary. It is not enough for a leader to command and reward, there must be…...
Mexico
Despite the fact that extreme poverty exists in many areas, Mexico's rising middle class is increasingly seeking out the trappings of American success. "The middle class in Mexico includes 39.2% (44 million people) of the country's total population. Mexico's middle class increased 11.4% during between 2000 and 2010" and these consumers are seeking out cellular phones and flat screen TVs in record numbers (Flannery 2013). Unfortunately, an increasingly affluent culture has brought forth one of the problems of industrialized prosperity, namely a rise in obesity. To take advantage of this concern, one possible product to market to the population coping with more sedentary jobs and a taste for highly caloric foods is that of gym memberships. Introducing a chain of low-cost gyms modeled on popular chains such as WOW and Planet Fitness, particularly in cities with high concentrations of white collar office workers would be an ideal way to capitalize…...
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Reference
Theory X and Theory Y (2015). Mind Tools. Retrieved from:
Sustainability is a term that is often used in reference to environmental responsibility. This is the most common use of the term that many people have come to associate with "sustainability." Seldom do people consider sustainability to be associated with other areas of the business environment. Upon reading the article by Swartz (2010), two different connotations of sustainability stood out in my mind. The issue that Swartz addressed which created his very long day was accusations that Timberland was engaging in corporate irresponsibility concerning the environment. This is the only definition of sustainability that many people consider.
Swartz's reaction to 65,000 emails made me think about what I would have done as a CEO, if I had been the one to open my own e-mail inbox to find 65,000 angry emails. Upon reflection of Schwartz's response, I feel that he acted in the best way possible. First, he knew that his…...
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References
Friedman, M. (1970). The social responsibility of business is to increase its profits The New York Times Magazine, September 13, 32-33 (and then continued on pages 122 -- 126). Story of Stuff ( http://www.youtube.com/watch?v=gLBE5QAYXp8 )
Porter, M.E., & Reinhardt, F.L. (2007). A strategic approach to climate. Harvard Business Review, 85(10), 22-26.
Swartz, J. (2010). "Timberland's CEO on standing up to 65,000 angry activists." Harvard Business Review, 88(9), 39-43.
Accounting for Disruptive Technologies
There is a significant amount of insight found in Christensen and Overdorf's "Meeting the challenge of disruptive change," especially for those in a managerial position or studying to be in such a position. The article is useful because it combines theoretical knowledge with a solid application of real-world examples, so that the reader is best able to grasp the author's concepts. Moreover, the article takes a wide and integrative approach at addressing the various challenges and potential solutions organizations can implement pertaining to a very real facet of conducting business in the 21st century, "disruptive changes," typically in the form of technological innovations.
Quite frankly, however, a number of points that the authors make are trenchant and can aid those who are looking to prevent disruptive change from ruining their organization or its method of conducting business. One of the more notable of these is the fact that…...
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References
Bower, J.L., Christensen, C.M. (2000). Disruptive technologies: catching the wave. Harvard Business Review.
Christensen, C.M., Overdorf, M. (2000). Meeting the challenge of disruptive change. Harvard Business Review.
Theory vs. Practice
When it comes to working in any sort of organization or corporation, one of the obvious chasms that becomes clear here is the relationship between theory and what is practiced in a small business setting. To truly look at and assess that paradigm, the author of this report has interviewed an owner/manager at a small business to discuss what they do to make things work, what is suggested in theory and scholarly literature and how those frameworks and lessons do or do not work for their particular situation. The author of this report will personally be making a comparison and contrast between what is asserted within the literature and compare it to the feedback and personal experience narrative of the owner/manager. A common refrain seen in the blogosphere and elsewhere is that there is a disconnect between what is suggested in the minds of theorists and within the…...
Business -- Annotated Bibliography
Drucker, P.E. (1994,). The theory of business. Harvard Business Review, September-October. Retrieved from http://www.mindz.com/images/Ronaldvandenhoff/file/the_theory_of_business_drucker.pdf
Credibility: Author Analysis
Peter Drucker was the Clarke Professor of Social Science and management at the Claremont Graduate School in Claremont, California. The university has named the Drucker Management Center in his honor. This article was the thirty-first article for Harvard Business Review. Business students across the globe know Drucker's seminal work in business theory as it plays a prominent role in business school curricula.
Credibility: Intended Audience
The intended audience for this article is executives in the C-suite -- particularly chief executive officers (CEOs). This article is a call to action pointed at business executive and directors who are equipped to influence business thought leadership.
Credibility: Findings
Drucker cites many actual businesses in his argument for addressing the obsolescence of business theories.
Content Summary
Drucker presents four specifications for a valid theory of business: 1) "The assumptions about environment, mission,…...
The office and administrative expenses would remain constant even to that point, as would the insurance expense.
Exhibit B: Cash Flow Statement, Year Two
At this point, the business is earning a healthy return and Mr. Ahn is receiving will be able to bring in a reasonable salary. The nature of the business may well change at this point. At the maximum revenue of $144,000 per year the pretax profit would be $63,600. As a result, it is likely that a clinic will be formed with other practitioners in order to minimize expenses and increase profitability.
e did not include taxes in our cash flow examples because the company is going to be set up as a sole proprietorship. This means that the income from the company will be rolled into the income for Mr. Ahn, as well as his liabilities. Mr. Ahn's personal expenses are therefore not included in the model,…...
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Works Cited
No author (2007). Traditional Chinese Medicine. Alternative Medicine Foundation. Retrieved December 18, 2008 at http://www.amfoundation.org/tcm.htm
No author (2008). HIV / AIDS, the U.S.-China Partnership for Public Health at Work, and Traditional Chinese Medicine in the U.S. Fact Sheet. U.S. Department of Health and Human Services. Retrieved December 18, 2008 at http://www.hhs.gov/news/facts/chinahiv.html
Business Ethics
An ethical issue refers to a situation whereby an organization is required to choose amongst alternatives that must be evaluated as either wrong or right. For example, an ethical issue arises when a business company opts to make as much profit while pollution the environment, the dilemma here being the regulation and social consequences. The company management may opt to bribing the regulation implementing organization as long as they continue making short-term profits before the law catches up with them, by then they may be forced to attire with the rule or shut down but they will have made as much finances than when they may have started and the consequences on the social life will have reached the stage where it affects their health and made the environment unbearable. The principle of autonomy; which requires individuals to be left on their own independence to conduct their activities, make…...
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References
Andrew, J. (2008). Utilitarianism and deontology theories. New York: John and sons ltd.
Ferrell, O.C., & Fraedrich, J. (2012). Business Ethics: Ethical Decision Making & Cases. Salt Lake: Cengage Learning.
Joanne, B. (2010). Ethics and Business success. Mexico: Greenwood press.
John, K., & Berlyn, M. (2009). Assessing the effectiveness of decision making models. Normative and rationale models, 15 (14), 319-325.
Business Environment
Interaction of the Business Environment
The environment of a company is much like the natural world in that there are many layers to any single organization (Marques, 2007). Political forces are present because there are factions and beliefs within a company which cause different politics to be formed. The economics of running an organization are a different facet of the environment which many consider the most important part of the business (after all the business of business is to make money), but it is actually a piece of the larger while which is neither more important or less than any other. Very business also has a social component. All of the different relationships that occur in the wider world can be found in any large organization. Another part of the environmental whole that affects every other part has to do with the technical functioning of the business. Technology can make…...
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References
Laumer, S., Eckhardt, A., & Weitzel, T. (2010). Electrojnic human resources management in an e-business environment. Journal of Electronic Commerce Management, 11(4), 240-251.
Loewe, M., Blume, J., & Speer, J. (2008). How favoritism affects the business environment: Empirical evidence from Jordan. The Middle East Journal, 62(2), 259-272.
Marques, J. (2007). The influence of the global business environment in realizing the millennium development goals. Journal of Global Business Issues, 1(1), 17-25.
Ruff, F. (2006). Corporation foresight: Integrating the future business environment into innovation and strategy. Research Technology Management, 278-295.
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