Dear silent partners of Chocoholics Anonymous,
The purpose of this memo is to discuss the opposing views of shareholders and stakeholders, evaluating our decision based on multiple ethical principles, focusing on Chocoholics Anonymous profitability and ethical integrity.
Chocoholics Anonymous has a decline of sales and decrease of profits during the economic downturn, and so do the other companies in town; and those companies fired employees to save money which caused a rapidly growing unemployment rate. In order to control the increasing of unemployment rate, the local economic development group cautioned local firms, in attempts to lower layoffs, and the internal managers of Chocoholics Anonymous now has a conflict about the decision to keep or fire a full-time manager. By discussing and analyzing the different views of shareholders (silent partners) and stakeholders (employees), in addition to acknowledging government recommendations, it will be clear for Chocoholics Anonymous to make an applicable and ethical decision.
When encountering the decision of Chocoholics Anonymous, silent partners voiced their greatest concern, which was to guarantee and maximize profits; however, based on current corporate culture, making decisions using the shareholder’s view will be harmful to the company. The silent partners, who are the shareholders in the company, believe they are most socially responsible when maximizing profits, for this shares the maximum wealth from their company.
Dominique Steinburg describes mutual aid as a process through which people develop collaborative, supportive, and trustworthy relationships; identify and use existing strengths and/or to develop new ones; and work together toward individual and/or collective psychosocial goals. (Steinburg, 2010)
In today’s 21st century, it takes good ethics for every company to strive competitively to maintain as the best top competitor in their industries; and has its provocations of smart goal as to how successfully they anticipate their business to function, when it comes to finances, attracting and recruiting employees, begin an admirable corporation to citizens, and while showing customers and employees love, courteous, and appreciation. Companies forestall unethical behavior of bad reputation to uphold the organization values. These atrocious speculations can permanently cause decreased revenues and will degrade the company name, sometimes irreparably damaged.
Alcoholics Anonymous is a group composed of men and women who want to stop drinking and help each other stay on the path towards sobriety. They are not affiliated with any other organization, denomination, or institution and the only requirement for membership is the desire to stop drinking (Fisher & Harrison, 2013). They meet at least once a week, if not more to support one another and to share their experiences, struggles, and successes.
Now that I am participating in my first practicum, counseling complete strangers with real problems sitting in on an Alcoholics Anonymous meeting is more interesting than ever. For the sake of confidentiality no names will be provided and only the bare minimum amount of details otherwise. For this assignment, I attended a local church in Longview, Texas that holds weekly Celebrate Recovery meetings. No warning was provided to either the group leader or the group members about my attendance as is sometimes required for projects such as this. We are all broken to some extent or another so my being there was not too far from the truth (Rom. 2:10; 3:23). Upon arrival, I helped myself to the complimentary coffee and snacks, took a seat with an excellent vantage point and made small talk with a man to my immediate left.
I spent the early evening this past Friday at an open discussion meeting of Alcoholic’s Anonymous at Boone’s own Club 12 establishment. I attended this meeting as an able-bodied young woman capable of hearing and seeing the happenings around me. The pressing concern on my mind for the evening was to consider barriers I might experience if I were attending this meeting as a deaf person.
Furthermore, my visit to the open Alcoholic anonymous group was very informed and it provided me an understanding and knowledge on this specific population. It provided me an opportunity to understand the process of a group meeting. The impression I had when I left was that even though these people were affected by alcoholic, they are hopefully and determined to overcome this challenge in their life.
There are millions of people who have and who are suffering from alcoholism. For those seeking help with their addiction, Alcoholics Anonymous (AA) may be the right for them. While this program is not promised to be a cure, and the authors of this program does not promise full recovery, it provides an atmosphere where members can be honest about their dependency on alcohol. Furthermore, AA provides support from other alcoholics, and rewards for meeting certain sobriety anniversary dates. This paper explores the history and major developments of AA. Furthermore, this paper explains the structure of meetings, and the roles the leader and members play during meetings. This paper also touches on AA’s definition of success and how it handles members who relapse. Additionally, this paper explains this student’s experiences of two AA meetings she attended, which include what she learned from attending the meetings, and what she learned from the people she met at the meetings.
This essay will aim to investigate the ethical treatment of shareholders and workers in a traditional, capitalist corporation; The Ford Motor Company and compare and contrast the findings with the treatment of these stakeholders in the Mondragon Cooperative Corporation. The structure of this essay will be as follows; firstly the fundamental differences between the two contrasting organisations will be examined and how these differences impact the ethical treatment of the relevant stakeholders; secondly, the ethical treatment of shareholders in regards to corporate governance and the executive’s accountability and control will be investigated, and lastly, the ethical treatment of workers within the two contrasting organisations will be
2. The CEOs took action by implementing the health and smoking programs. Although there we many alternatives, their action was focused on the individual’s choice: to participate or not. The decision then became that of the employee and not the “for the group.”
The community members did not agree with the trust board decision to sell 33% of Hershey shares to other investors. Milton Hershey did a lot to his community as a result the community felt like they have high stake in Hershey Company. Hershey himself had a sign in his office saying “Business is a matter of human services”. After his death the board rearranged the company from operating at loss while maximizing community needs to operate at profit to maximize shareholders wealth.
P&G not only has unethical relations with their internal stakeholders, but also with their external relationships. When looking at P&G’s relationship with their customers, suppliers and partners, community, and the
The movie The Insider literally provides a seeing glass perspective into the summation of ethical issues in businesses that directly affects the consumers physical and psychological health and the alleged methods that the tobacco company would resort to in order to safe guard itself from litigation and from disclosing information that will adversely affect the sale of its sole money making product yet is ultimately crucial to its customers understanding of the contents of the product that they are purchasing and its implications on their personal health.
Nevertheless, the decisions should not be unethical that the reputation of the corporation is risking (Wheelmen, T. & Hunger, J. (2010)
Coca-Cola is a big recognized brand that produces many products than just soda drinks. With all the money and brand recognition the company possesses, there are possibilities for the company to past the scandals and keep up in the business market, like we have discovered the company has invested money to cover illicit activities. However, it is very important for the company to act ethically and respond to the scandals that the company has been accused. If Coca-Cola responds morally correct, it will shows the customers that the company cares about social responsibility, but if the company does not act fast and ethically, it exists the possibilities that the company’s sales keep declining.
Companies with extensive responsibilities even argue about the system in pursuing social responsibility of business. According to Ulrich Steger, the company should prioritize the shareholders’ incessant interest but they should also be concerned of their social responsibilities, morals and environmental goals that the public expects them to be. Without a doubt, companies’ primary goal is to earn a profit. Emphasizing on profitability affects the fundamental values in the company, its morality. Companies ignore the ethics just to earn a mountainous income. This often causes extensive repercussions in the companies.