Bus Ad 502 Business Ethics And Environment

The Cheesecake Factory has been one of the more successful chain restaurants in recent years because they have provided great food and outstanding customer service in a fun atmosphere. The cheesecake factory employs a high standard of general conduct and moral aptitude. As a chief executive officer in today’s society, it is my responsibility to ensure The Cheesecake Factory abides by the laws and ethical duties that are mandated by today’s society. There is a copious amount of benefits to being a chief executive officer, however there is an equal amount of risk as chief executive officers are held liable for almost any action or infraction that their company has induced.

What is principle of justice in acquisition? Our book gives us an analogy concerning basketball player, Wilt Chamberlain that was used by Nozick. The idea

Hello Mr. Poulson, I hope all is well and thank you for the opportunity you have given me to offer a recommendation on how to solve the crisis INDE is currently facing. As you know the technological crisis that arose from corrupted Augmented Reality software we produce for our Augmented reality products has affected our servers very severely. As a result, this is the first technological crisis the company has ever faced. The misuse of confidential information gave hackers the all access to infuriate our servers which lead to the start of the crisis. However, technological crisis occurs frequently in the industry.

Excellence of an organizational leadership determines how well an organization is doing. Effective leadership is influencing the behavior of individuals and groups in positive way to work towards a predefined organizational goal (Baack, 2012). An effective leader creates vision for the organization and effectively communicates with employees to set the organizational direction for growth, align the structure of the organization to meet the goals, and define organizational culture where employees can perform and grow along with the organization. Effective leaders create organizational strategies to inspire and motivate employees to achieve organizational goals and vision. There are many leadership theories evolved in organizational behavior over time. Some of the examples for leadership theories include great man theories, trait theory, behavioral theories, situational leadership, contingency theories, transactional leadership, transformational leadership and charismatic leadership.

The Volkswagen (VW) corporation experienced a major scandal after it conspired to manipulate data for diesel emissions. Business ethics, legal issues, and a Biblical worldview are common areas of failure and are clearly present in this case. Lippe (2015) stated that these acts were deliberate and examined the responsibility of legal counsel to mitigate such acts. If not for road testing by engineer, John German, excess emissions may not have been detected, and due to outcry, VW admitted to their technologically sophisticated fraud (Patra, 2016). God’s Word reveals, “But there is nothing covered up that will not be revealed, and hidden that will not be known” (Luke 12:2 New American Standard

an action can't be right if the people who are made happy by it are outnumbered by the people who are made unhappy by it.

On December 2, 1984, water inadvertently entered a storage tank containing more than 80,000 pounds of methyl isocyanate, or MIC, which reacts violently with water. A subsequent runaway reaction generated heat and pressure causing a relief valve to open and resulted in a massive toxic gas release. A dense, lethal cloud of approximately 40 tons of MIC was released to the city exposing to thousands of people. An estimated 3,800 people died immediately, and tens of thousands of people were injured. As of 1994, more than 50,000 people remained partially or totally disabled as a result of exposure to MIC. This tragedy led to the establishment of laws and Process Safety Management system.

Business Ethics is a set of moral principles applied in the commercial world. Business ethics provide guidelines for acceptable behavior by organizations in both their strategy formulation and day-to-day operations. An ethical approach is becoming necessary both for corporate success and a positive corporate image. Following pressure from

Bhopal is the capital city of Madhya Pradesh, the largest and one of the most economically depressed states in the nation. At 1970s, the public health infrastructure, sewage and waste system in Bhopal are still in very poor condition . Besides, mass casualty emergency response system also lacking in Bhopal.

Business Ethics can be defined as the critical and structured examination of how people & institutions should behave in the commerce world. Furthermore, it particularises the involvement of examining appropriate limitations upon the pursuit of complete self-interest; however, this may also apply for firm profits when the actions of each individual or firm affects others in some form. If the business really has no ethics, it can be concluded that the environment will suffer since the intention of business growth is far greater than environmental responsibility.

Ethical dilemmas are virtually impossible to avoid if you are a participant in the workforce. The definition of an ethical dilemma stands as a situation that challenges two or more “right” values that arise in a conflict (Treviño & Nelson, 2014). As ethical persons, how may we overcome ethical dilemmas and finish on the “right” side? The research mentioned in Trevino’s and Nelson’s book, “Managing Business Ethics: Straight Talk About How to Do It Right,” suggests that preparing for specific ethical challenges before a situation occurs can adequately prepare the workforce to better handle real-world applications when an ethical situation transpires. The notion that ethics is teachable inspires the following case analysis. The case analysis involving chemical safety will discuss the facts and issues, stakeholders, decision alternatives, and real-work constraints. Focusing on each of the previously mentioned topics, I will describe the applications using Utilitarian, Kantian Ethics, and Rawlsian Justice Analysis’s.

On the Night of December 2, 1984, there was a horrific accident at the Union Carbide Pesticide Chemical Factory in Bhopal, India. The factory produced a chemical called methyl isocyanate (MIC) also know by Union Carbide as “Liquid Dynamite”. It is an organic compound with the molecular formula CH3NCO MIC is a highly reactive intermediate chemical used to manufacture various pesticides. This chemical reacts exothermically with water and produces a poisonous gas that can be fatal. Carbide’s greed for a profit proved to be catastrophic for both Union Carbide and the town of Bhopal. Carbide reduction of the safety features in the factory resulted in the world’s largest industrial disaster in history. Safety features are in place for the safety of the workers, the surrounding area, the environment, and the repetition of the company and its owners and sure always be adhered to.

This case study was a powerful example to illustrate the presence of ethics within the

ITC Ltd has worked exremly hard to start several procedures that have led to compliance of the standards of social responsibility. ITC’s dealings within the tobacco industry have contributed to the increase in company revenues and the company has worked towards following the triple bottom line and giving back to society. Most, businesses pay little attention to their social responsibilities and make it part of their overall strategy, instead they concentrate more on financial benefits from the sales of products. Consequently, managing business in a socially responsive manner contributes to the best combination of business success and societal acceptance, trust and loyalty. Giving back to the community in ways that benefits only society such as planting trees to curb pollution and help the environment or using biodegradable materials in packaging can reap financial benefits to a company by building loyalty among the community. The notion of business ethics and corporate social responsibility is becoming a defining concept in all industries worldwide. ITC believes in the Triple Bottom Line philosophy where the performance and perception of a corporation should not be judged only on the basis of its financial statements or revenues, but its environmental and social performance as well. ITC is one of the only companies in the world to be carbon positive, water positive, and conduct solid waste recycling. ITC provides water to areas where water is very

The Gas Leak Tragedy of Bhopal, India is considered the worst industrial disaster in history. Originally, the Bhopal pesticide plants were to be some of the best and most beautiful plants which would have huge production capabilities. However, in 1984 there was a massive leak of methyl isocyanate (MIC) which spread out to local communities and has negatively affected the health of hundreds of thousands of people.