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Friday, May 15, 2020

Analysis Of Ethical Decision And Scandal - 1429 Words

Analysis of ethical reaction to scandal Introduction The reputation of an organization is crucial. Therefore, being a leader of an organization has to be able to react efficiently and effectively when there is a threat to organization’s reputation. Occasionally, a leader has to face a dilemma, whereby one has to decide how to deal with the scandals in the organizations. On one hand, some organizations treat their customers as a mean to gather the profits. On the other hand, other organizations regard their customers as an end, whereby the organizations really consider about customers’ interests as an ultimate goal of their services. Nonetheless, only the companies that mad the ethical actions survived. Lacking a focus on the welfare of their customers, some propaganda techniques, aiming to cover up the scandals, usually don’t work well. Instead, successful public relationship management techniques generally treat their customers’ welfare as an end not just a mean. For example, a successful crisis management usually contains the honesty and quick reaction. Enron Corporation is a great example to illustrate how damaging it is if company leaders try to hide up the scandals and lie to the public. From Kant’s perspective, customers, who are human beings objected to the service provided by organizations, should be treated with dignity, as â€Å"every rational being exists as an end in himself and not merely as a means to be arbitrarily used by this or that will† (Kant 428). Indeed,Show MoreRelatedEthical Discernment: The Adelphia Scandal1655 Words   |  7 PagesEthical discernment Adelphia scandal Statistical analysis This paper relies on secondary data on a past phenomenon. It combines data from journal and other internet sources to bring out aspects of unethical behavior by Adelphias top executive. The analysis of data takes two ethical frameworks. Ethics involve an individuals moral judgments concerning what is right and/or wrong. Individuals or groups of people are responsible for making decisions in an organization (shaw, 2008). Decisions withinRead MoreThe Ethics Of Business Ethics1064 Words   |  5 PagesHowever, business ethics can be defined as moral principles of a business. It examines moral or ethical problems that arise in a business environment. Generally, it has both normative and descriptive dimensions. Organization practice and career specialization are regarded as normative whereas academics attempting to understand business behaviour are regarded as descriptive. It seeks to provide ethical insight and guidance to individuals in business, business organizations, and to the society. ItRead MoreThe Fall Of Major Telecommunications Company Onetel And Enron1319 Words   |  6 Pagesmorals and lacking strong work ethics. If even a major corporation can fall into this â€Å"trap†, then avoiding doesn’ t sound easy, although accountants can easily avoid scandals by following a precise set of given rules and ethics. OneTel and Enron are prime examples which demonstrate the danger when a business is faced with an accounting scandal - which in turn could have been avoided. The fall of major telecommunications company OneTel came as a huge shock, many fell victim to this. The fall of OneTelRead MoreFinancial Collapse : The And Enron1320 Words   |  6 Pagesmorals and lacking strong work ethics. If even a major corporation can fall into this â€Å"trap†, then avoiding doesn’t sound easy, although accountants can easily avoid scandals by following a precise set of given rules and ethics. OneTel and Enron are prime examples which demonstrate the danger when a business is faced with an accounting scandal - which in turn could have been avoided. The fall of major telecommunications company OneTel came as a huge shock, many fell victim to this. The fall of OneTelRead MoreSiemens Ag Bribery1261 Words   |  6 PagesSiemens AG Bribery Scandal This paper will focus on the analysis of the well-known and popular bribery scandal in the world, such as Siemens AG Bribery Scandal which occurred in November, 2006. Siemens AG is one of the largest and most popular electrical engineering companies operated in the world. The present company was founded in 1847 in Berlin and is now headquartered in Munich, Germany. The discussion and the proper analysis of this bribery scandal will help to learn many effective lessonsRead MoreThe Basics Of Accounting For Small Businesses1472 Words   |  6 Pagesthem. A portion of business ethics is being transparent and allowing your reports to truthfully represent the financial position of your business. According to the article, â€Å"The Basics of Accounting for Small Businesses,† a financial report is an analysis of the financial data recorded in the books by a business. There are many types of financial reports, such as a balance sheet, income statement, statement of cash flows, and statement of retained earnings. A balance sheet is a report that presentsRead MoreThe International Council On Clean Transportation1395 Words   |  6 PagesRunning Head: Business Ethics 1 Business Ethics 2 Discussion Board Forum 1 - Volkswagen Scandal Rachelle Sepich Liberty University Volkswagen Scandal Overview In 2013, the International Council on Clean Transportation (ICCT) began conducting ?on-road emission tests for cars?. The investigation on Volkswagen identified the emission levels were nearly 40% higher than the defined limits (Jung Park, 2017). Ultimately in 2015, Volkswagen publicized a recall of more than 450Read MoreThe Ethics Of The Ethical Issues1603 Words   |  7 Pages When we look at the ethical issues, we can stream them into two categories that are the funder’s perspective and Livestrong’s perspective. The funders are in a dilemma whether they shouldcontinue funding and supporting the organization which in way has become so popular because of Lance Armstrong. Also, the other major point of discussion is whether it isethical for the funders to ask for their money to be returned considering the fact that the scandal took place in Lance Armstrong’s personal lifeRead MoreThe Nkf Scandal1426 Words   |  6 PagesOct ‘10 Nanyang Technological University[Type the company address] Yi Theng Lim Organization Behavior amp; Design Case Ethical Analysis NKF Singapore: Anatomy of a Crisis 08 Fall Introduction In July 2005, Singapore was shaken by a scandal involving the National Kidney Foundation (NKF), the nation’s largest charity. The scandal had surfaced many ethically controversial practices by NKF. In this paper, I will be focusing on the dilemmas surrounding NKF’S operations structureRead MoreManaging Human Resources1816 Words   |  7 PagesDATE: 1 December 2012. SUBJECT: Alternatives to address the Faulty Whistle. Organization business plan could not occur without integrity, and implementation of high-level ethical consideration enhances company value and market competitive advantages. The company needs to take immediate decision with regard to the ethical consideration to enhance organization market advantages. Three alternatives have been identified to address the problem regarding the whistle. First alternative is to ask the

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