The class is about half way done and it has been a well spent experience for me as well as the class as a whole. Many of my colleagues would agree with me that the presentations and the content following gives us a good insight on issues and situations that are present in companies. Also what and what not to do if faced with a pressing ethical situation. So far our biggest discussions have been over the VW controversy with their faulty emission standards and others like the BP oil spill. They have been widely discussed in ethical settings and are huge environmental dilemmas. The articles too have been interesting to read, some of it is review from undergrad but it is to refresh on some of the concepts they discuss like moral standards and
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Our example of the VW scandal and the BP oil spill has shown that ignorance will never pan out in the end. In the case with VW the fact that the CEO and other executives knew that the emissions tests were faulty and still released the cars anyway goes to show that they are focused on other things besides emissions. If it was not for group of scientists at West Virginia University who wanted to base their engine off VW’s diesel engine (WVUtoday). They found out that their emission tests did not match up to specs and reported it to the EPA and from there started the downward spiral. Although this scandal will end up effecting VW’s earnings it will also hurt their reputation as a leader in environmental awareness since their whole sales platform is on the idea that they produce cars that are environmentally conscious. This scandal though has not cost any lives compared to the BP oil spill in 2010. The BP oil spill has been the worst spill the United States has seen since the Exxon-Valdes oil spill. The spill has caused both the ecosystem and the economy of the affected area to collapse, which will take years to regenerate …show more content…
These topics were mostly covered in the presentation but in some of the articles on Blackboard described corporate code of ethics and other moral stances in organizations. The article that interested me was Mark Schwartz’s article, “A Code of Ethics for Corporate Code of Ethics”. It touched on a few topics like the universal moral standards in which Mark collected from four different sources in the organization: employees, company codes, global codes of ethics, and the business ethics literature. In his set of standards he includes six fundamental
Our example of the VW scandal and the BP oil spill has shown that ignorance will never pan out in the end. In the case with VW the fact that the CEO and other executives knew that the emissions tests were faulty and still released the cars anyway goes to show that they are focused on other things besides emissions. If it was not for group of scientists at West Virginia University who wanted to base their engine off VW’s diesel engine (WVUtoday). They found out that their emission tests did not match up to specs and reported it to the EPA and from there started the downward spiral. Although this scandal will end up effecting VW’s earnings it will also hurt their reputation as a leader in environmental awareness since their whole sales platform is on the idea that they produce cars that are environmentally conscious. This scandal though has not cost any lives compared to the BP oil spill in 2010. The BP oil spill has been the worst spill the United States has seen since the Exxon-Valdes oil spill. The spill has caused both the ecosystem and the economy of the affected area to collapse, which will take years to regenerate …show more content…
These topics were mostly covered in the presentation but in some of the articles on Blackboard described corporate code of ethics and other moral stances in organizations. The article that interested me was Mark Schwartz’s article, “A Code of Ethics for Corporate Code of Ethics”. It touched on a few topics like the universal moral standards in which Mark collected from four different sources in the organization: employees, company codes, global codes of ethics, and the business ethics literature. In his set of standards he includes six fundamental