Business Ethics Essay

study “Miscommunications With a Brazilian Auto Parts Manufacturer” is a prime example of how a major business deal can quickly turn into a failed business deal due to miscommunication by not doing the proper investigative research involved when dealing with an organization located and owned in another country. The case study begins with two organizations collaborating on whether they should do business with each other on a global scale. According to Central Intelligence Agency (2015) Brazil’s…

“Cynthia Cooper Blowing Whistle At WorldCom” Abstract An ethical behavior in the corporate world is paramount and every employee working in the organization has the right to blow the whistle in case of sensing fraudulent activity in the organization. At the interest of the stakeholders, it is very important every penny invested in the company is property taken care and has been optimally utilized towards fetching better returns in the organization. An…

Pyramid of global CSR and performance. The base of the pyramid and possibly one of the most important aspects in a healthy economic responsibility policy, states that the economic responsibilities of business are to produce goods and services that society wants at a price that perpetuates the business and satisfies its obligations to investors. For example, multibillion dollar tech-giant Google,…

In a narrative format, discuss the key facts and critical issues in the case. Using valid peer-reviewed sources on the Internet, update any dated facts in this case with more current information. Nike has had bad publicity in the past with the workforce, low wage, abuse of workers, and scrutiny over not being concerned about the environment. The list of challenges they have faced relates to social responsibility, however, they stated they were guilty of those actions they, and asked how do we…

Today, people do illegal activities which are threatening to society just for the sake to earn profits. The ongoing debate on whistleblowing raises conflicting issues that draw public attention. Although governments and many business leaders have adopted various measures to incriminate the activities of whistleblowers. Whistleblowers contribute a great deal to the society by sanitizing the system. The heroic deeds of whistleblowers exposed unethical and shady deals when some authorities hide…

revenue, and concealing its debt.CFO, Andrew Fastow, was another mastermind and contributor of the fall of Enron. The New York Times, reported that “he raised huge amounts of capital that Enron needed as it moved beyond its roots in the natural gas business to blaze trails as an innovative energy powerhouse.” (The New York Times, 2006). Ben F. Glisan Jr. joined Enron in 1996. Working mainly on Enron’s account he contributed to the scandal by meticulously executing false accounting that…

integrated report aims to make the link between sustainability and economic value by focusing in the interrelationship between EGSEE dimension aspects of sustainability performance (Brocket & Rezaee, 2012). By reporting about Economic, Government, Social, Ethic and Environmental aspects, companies could have higher quality information to providers of financial capital in order to enable more efficient and effective allocation of its capital (IIRC,2013). Based on the research done by KPMG…

“With great power comes great responsibility.” As companies grow, so do their responsibilities. Companies have a constant decision as to whether or not they want to do right by their stakeholders, and this is what determines their social responsibility. Company’s stakeholders consist of their employees, customers, communities and investors. And it is their duty to perform in ways that are ethical to them, as they need one another to strive. Some companies strive to have relationships with their…

The example of a whistleblower that I found through research was Stefan P. Kruszewski, he was involved in multiple suits involving inadequate care, retaliation, and fraud. Kruszewski was a psychiatric medical consultant for the Pennsylvania Department of Public Welfare (DPW), one of his duties was to “root out fraud, waste, and abuse so that neither the federal dollars… nor the state funding… would be forced to pay for unnecessary, inferior, or substandard care” (Kenney, P. 7). After reporting…

ESCP EUROPE Business Ethics Nestlé and the chocolate industry facing child labor in cocoa production Clusellas Ramon Drago Alba Fernando Lochana Lala Marta Mindlin Tomas 3/23/2015 Table of Contents Introduction to Nestlé 3 The Scandal 4 Legal aspects 5 National Labor Laws 5 2013 National Action Plan 5 The Nestlé Cocoa Plan 6 Helping farmers 6 Improve plantlet expertise 6 Supply chain management 6 Better working conditions 6 Work with various certification and other related…