Romaine D. Nuyda
4 TE-2
Book Report: PEOPLE OVER PROFIT
By Dale Partridge
A. INTRODUCTION
Dale Partridge’s book had a quote from George Orwell, “In a time of universal deceit, telling the truth becomes a revolutionary act.” This statement says a lot about how the book sees our current business practices, acknowledges it, and gives us a few tips as to why valuing people over profit results to real entrepreneurial success. Partridge started with a short story of how his visit to the physician made him realize the unethical practices in most, if not all, businesses today. He was asked to wait for his physician for more than an hour, but was surprised when the actual consultation lasted only 3 minutes tops. He felt as is his time was completely disregarded and was dishonored as he look at the numerous people still waiting outside for a 3-minute talk. This reflects the state most of our industries are in today. Those who tend to lower product or service quality to maximize their profits, without considering their customers.
He saw an opportunity for “Social Good Movement” or “Conscious Capitalism” where customers pay more for more ethical standards and better quality products or services. Some of these SGM or Conscious Capitalism companies include Trader Joe’s, Ben & Jerry’s, Whole Foods and TOMS. Inspired by these, Partridge started his own social enterprise, Sevenly. His company focuses on selling quality goods, and for every purchase he donates seven dollars to their
The bizarre economy that we live in has affected us in many ways than our simple mind can fathom. After World War II there was massive push in innovation. Human were gifted with inventions like the Airplane, color T.V., polyvinyl cups, and precooked dinners. Nevertheless, these “gifts” came at an enormous cost. That cost was pushed onto the environment and people living in that environment. “The Market Economy” by Marge Piercy illustrates the movement in American aimed at bring attention to a global problem as well as an effort to save the planet along with the people living on it.
Barbara Ehrenreich 's showed that she didn't have the mind set or worries of a working class person by reminding us as readers the fine line between the kind of performance she is doing and the kind her fellow coworkers do every day on the job. Time and again she lets us sink into her new world of a low-wage worker, only to pull us back with a reminder of the act. 1 She does this experiment to determine whether or not she could both live off the money earned and have enough money at the end of the month to pay the next month's rent. Working class people depend on the money they make on these jobs to survive and provide for their families. She could drop all these jobs she experimented with and go back to her real life without a worry in the
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John Mackey, founder of Whole Foods once said "Business social responsibility should not be coerced; it is a voluntary decision that the entrepreneurial leadership of every company must make on its own." (Mackey, 2005) In today’s society it is increasingly common for businesses to actively identify and become directly involved in the country and the global social issues and needs. It is now common
In “Cheating in a Bottom Line Economy,” author David Callahan explains the fundamental reasons for the decay of simple business ethics in today’s economy in order to meet bottom line standards. Callahan draws conclusions from everyday businesses such as auto mechanic services, law offices, and even professional medical firms to prove that people will almost always choose financial stability over integrity. The economic life in America has transformed itself into a vast land of professionals focused on achieving “lean and mean” businesses in efforts to achieve the “American Dream,” but in essence lose sense of their morals.
Robber Barons such as John Davison Rockefeller and Andrew Carnegie were a large part of the propelling force that led the United States into a new frontier, setting the standard for the American dream. These men were known for their ingenuity, intuition, and innovation as business men. Each setting a high standard in their field, these men set out to accomplish greatness by revolutionizing their industry. They were known in history as the first men to become giants of the industrialized world, they created a new ear, and with it legacies that have lasted centuries.
This case study review will show that ethics and honesty are more important than pleasing the customer.
In this article “A Toxic Work World” Anne-Marie Slaughter (2015) argues that talented females and males are driven away out of the office in untied state society because of the extreme and toxic competition in the workplace environment, where women face the problem of having families to care for and men face inflexibility. Slaughter serviced on the faculty of the in university of Chicago of law school where she had a focus on integrating the study of international relations and international law She then moved to Princeton to serve as dean of the Woodrow Wilson School and she was the first women to hold that position she is also responsible for the creation of several research centers in the International political economy and national securityAffairs.
An obsession of any kind is usually unhealthy, but obsession with money can destroy the soul. Karl Marx believed that human activity is paralyzed by the capitalist system. To be sure, the all-encompassing passion for wealth and power is unchristian, but is all capitalism evil? If the answer were yes, then abandoning capitalism, with its central goal of profit, would seem to be an obvious solution to the social ills of mankind. Of course, eliminating capitalism is not the answer. The fact is that capitalism, based on free competition without deception or fraud, can lead to justly obtained profits, while serving the common good.
Do you believe in absolute truth? Is there more than one way/religion to understanding absolute truth about God and the meaning of life?
In the book “All Money in the World” by Laura Vanderkam discusses about ways that people get and spend money in their lives and the relative between money and happiness. Each title, the author shows us different ways to use and earn money like getting, spending and sharing. But in chapter 3, “Rethink Retirement” of getting, Laura Vanderkam shows the creative way to approach retirement. There are three of the ways that the author suggests people can rethink and plan for retirement such as saving, making extra, and using time efficiently.
Business ethics is a vital element to the growth and success of any business. To be ethical means to have a system of moral principles. Ethics alone is a branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and ends of such actions. To have business ethics you would take the meaning of ethics and apply it to the things that go on it the work place. We are going to take
The movie “Glengarry Glen Ross” presented a series of ethical dilemmas that surround a group of salesmen working for a real estate company. The value of business ethics was clearly undermined and ignored in the movie as the salesmen find alternatives to keep their jobs. The movie is very effective in illustrating how unethical business practices can easily exist in the business world. Most of the time, unethical business practices remain strong in the business world because of the culture that exists within companies. In this film, the sudden demands from management forced employees to become irrational and commit unethical business practices. In fear of losing their jobs, employees were pressured to increase sales despite possible ethical
Collins illustrates a persuasive profile of what it takes to be the leader of not a good but a great organization in the modern day. He also demonstrates the development of successful organizations as a consequence of ethical behavior rather than despite
The Confessions of an Economic Hit Man by John Perkins is a well-known book in the past and even more well-known book in the present. To have experienced and lived through the hardship of being an economic hit man is astonishing. This novel contains knowledge and informative information, that even one who is not that knowledgeable about this field of study can understand and become further informed of how corrupt the major organizations in this global economy are like. Additionally, it can further inform those who already are in this field of study and suggest possible solution, that could lessen the impact and the control on an economic and political science standpoint. This SWOT analyse paper will provide informative points to show how the strengths of this novel outweighs the weaknesses, as well as how the author discuss the opportunities that can improve development outcome that outweighs the possible threats that can arise from such opportunities.