Case Study Of David Oyedepo Foundation

Culture is an observable, powerful force in any organization. “Made up of its members’ shared values, beliefs, symbols, and behaviors, culture guides individual decisions and actions at the unconscious level. As a result, it can have a potent effect on a company’s well-being and success” (One Page, n.d.).

The author Robert Solomon argues that ethics has to an integral part with regard to business management. He does not believe that business management must include unethical or illegal methods to be able to succeed. Solomon preaches that business management is not as simple as obtaining revenue. “Businesses need to abide by fair policies and their owners have to be ethical in dealing with their customers” (Shaw p. 37). The author acknowledges that while illegal practices in business management could bring positive results at first, eventually the business is bound to fail. This is why Solomon recommended eight important policies that can help businesses in integrating ethics into their operations.

Every business develops a set of ethical principles that they abide by. The business ethical principles intentions: it construct the business certainty in the community , maintain the employees liveried in what the business attempt to have as structural conducts and aid the employees consume principles to make ethical choices that guards the business. In a culture with a diverse assessment structure and augmented judgment visibly by companies with changeable ethics and interests, there appears to be further difficulties on business individuals to make tougher ethical assessments. In our day-to-day performances, we depend on on our ethical principles to monitor us in the correct path and do the correct things. The substance of any efficacious and perpetual business is they segment a mutual ethical matter concentrating on presenting and generating value along with allocating their business values with the citizens they network with on a day-to-day basis.

Under this task I will explain the ethical issues that business needs to consider in its operating activities and how a business they could improve the ethical of their operations and also I will evaluate the influence of stakeholders exert in one company.

All people have personal values and ethics, just as they have cultural values. Often times, those personal values and ethics may clash with those of their employer. As an example, as an individual, a person's ethical guidelines might require honesty, integrity and respect. If that individual works for a company that does not necessarily operate under those same tenets, the employee may well face an ethical dilemma. This paper looks into how personal values, organizational values and ethical values come into play in the decision-making process.

By identifying the key problems related to business ethics throughout several organizations, a person would be categorized as an ethnographic researcher. In order to fulfill the needs of this title appropriately, a person must be able to analyze whether the current and past actions are done and performed in an ethical manner and from those performances examine and review the changes that must be made for appropriate future endeavors. One of the major important details within any organization is the ethical concerns that are developed or continued within the company. Ethical concerns give employees, consumers and investors a view and presentation on how the company acts within their moral practices and business ventures. Without appropriate ethics, businesses can crumble under societal scrutiny.

The ethics of the organization has been formed from the combination of interests and different backgrounds. The ethics have been developed on a

State the background and context of the dilemma. Identify the main ethical issues causing the dilemma. List possible solutions to the dilemma. Consider the likely impact of each solution.

The purpose or aim of every organization is to establish such an organizational culture and behavior among its employees that helps in achievement of ideal ethical standards. There are certain determinants that play a critical role in helping achieve the right organizational culture. Some of these include personal moral intensity, social ties, codes of ethics, locus of control and Machiavellianism. These

The research or investigation is built on the proposition that the elucidation for the conflict or ethical issue like agency dispute stay in the amalgamation of numerous procedures (Boshkoska, 2015).

He suggests that should be consider culture when doing business in South Africa as different cultures are promoted continually to implement a fourth C, which is culture to let Ohmae’s theory toward constructing a successful strategy. Thus, incorporating the concept of culture into company’s strategy will change the accepted way of doing business.

Organizations are facing ethical dilemmas while making decisions in the international business markets, where several societal lax legal legislations on unethical behavior, and where corporate governance instruments may be less useful. These decisions can whether cost or save the organization

“The more one knows ethics, the more it is used and the more useful it becomes”-Plato, The quote by Plato is a reminder on just how important ethics is and how important it is to educate yourself on proper ethical practices. In the following paper I would like to look at the topic of global business ethics. Recent studies in business ethics have shown both remarkable similarities and differences across cultures with respect to attitudes toward questionable business practices. First I would like to talk about the affect that culture has on ethical behavior. Next, I would like to talk about ethical complexities and challenges facing businesses that operate internationally, mainly focusing in on multinational corporations and the ethical

While the rise of globalization has brought about a great deal of opportunities for corporations, with it has materialized a new complexity in business transactions. Ethics relies heavily on the norms of one’s culture. Different ethical standards can reside not only within a country, region, or community; but also in a person-by-person basis. Therefore, there is no such thing as a strict protocol that a corporation can adhere to. The ability to adapt to situations in a case-by-case scenario is vital for the success and longevity of any international businessperson.

According to Greet Hofstade, “Culture is the collective programming of the mind distinguishing the members of one group or category of people from others” (Hofstede, n.d.). It can be analysed from the definition that, not all groups of people are same. People of different regions-nations have different understanding and ways of doing things that differentiates them from the other. Thus, an organization should try to adapt to the host country’s culture to ensure success. Failure to do so seizes the corporation from achieving its goals (Gudykunst, 2000).