1. The key ethical issue of American clothing company. a) The key ethical issue of American clothing company is it has to do something to meet the losses in slack sales periods caused by too many workers such as layoffs. However, such behavior is deviated from the company’s fundamental tenet for this company take the concept that apparel manufacturing should treat worker as well as possible. b) Reasons for such ethical issue are 1) Treating employees well is the company’s core belief. Randomly laying off workers contradicts to the values, but 2) the reality force determines that the company has to do something to avert the loss. Therefore, American Clothing Company faces the dilemma of making trade-offs between these two. 2. Two …show more content…
2) American Clothing Company enjoys high reputation for its no-exploit belief. 3) American Clothing Company cannot afford so many employees between October and March if they do not lay off their employees. 4) American Clothing Company has spent thousands of dollars to train each new employee and is alarmed for whether or not the new employees would be ready for the massive amount of orders in the spring. 5) Employees may still return next year if they cannot find another job with better salaries and working conditions, which is not likely to happen. b) The impact of such facts can be listed as following: 1) given the fact layoff is what most apparel companies do; the public would have to tolerate layoff issues of the company. 2) Their reputation may be damaged if the company fires employees. 3) If American Clothing Company still hires so many employees at the slack sales period, it is hard for this company to get a stable profit. 4) It is expensive for American Clothing Company to train completely new workers in the spring and could cut into their profits. Lack of employees may damage the company’s order fulfillment rate. 5) There is good chance that employees would come back next year due to inability to find another job with good working conditions and manageable wages. So lack of experienced employees may not be a problem next year. Based on such facts, American clothing company sinks
The author of “Working At Wal-Mart,” a case study, provides a stunning overview of a day in the life of a Wal-Mart employee. The sheer number of ethical issues that present themselves for the average Wal-Mart worker are beyond astounding, as Barbara Ehrenreich covers in her study. The sheer morality and care for Wal-Mart staff that is far from evident in this piece speaks to the way that corporate culture has become ethically and morally bankrupt in numerous ways.
Decisions made in the organizations by either individuals or groups are a result of the company’s culture. Ethical decisions are moral, and the decision makers in the company have to take the right course of action no matter what it costs (Cadbury Schweppes par.1) as this has its advantages such as attracting many customers, employee satisfaction and bringing more investors into the business. Unethical acts, on the other hand, damage the reputation of the firm making it not appealing to the stakeholders. Wal-Mart is the largest employer in the world, and for many years, Wal-Mart has had to get away with many illegal and unethical acts.
A recent study done at the University of Chicago by Prof. Curtis Verschoor and published in Management Accounting found that companies with a defined corporate commitment to ethical principles do better financially than companies that don’t make ethics a key management component. Public shaming of Nike’s sweatshop conditions and slave wages paid to overseas workers led to a 27% drop in its earnings several years ago. And recently, the shocking disregard of ethics and subsequent
During the announcement of the seventh annual list of most ethical companies in the world in 2013, Alex Brigham of Ethisphere, noted that more companies find that ethical business practices increase their competitiveness in their respective industries, helping to further substantiate the notion that a culture of ethic is crucial to sustainable excellence (Smith, 2013). Researchers in the field of Organizational Behavior has found that employees are subjected to an environment of ethical dilemma constantly. During such moments employees have a choice either to pursue with ethical conduct or engage in an unethical behavior which results in harming the organization or its stakeholder (Trevino & Brown, 2004). How the employee behave greatly depends
The author argues from how American workers are forced to take an ethical decisions to make enough to
In difficult financial times, companies face various moral issues to try to keep up with their competitors. Although these issues have a direct impact on employee decision making, businesses rarely address how employees should assess the ethics of their actions and incorporate ethics into their decisions. Often this can be alleviated by creating and maintaining a corporate culture with a focus on
The biggest dilemma that we as humans face in the work place is what we as individuals see as personal values may not be the same values that everyone else holds. We are each our own individual and we have all been raised in different cultures with different values. We all come together within the work place to not just do a job, but to try and work together with people that are different from ourselves. When we find ourselves in a dilemma that goes against our ethics, one has to ask themselves, “how does this affect my values, and does it affect our values so much that we need to report it to a higher authority”. “Educating the mind without educating the heart is no education at all” (Quotes About Ethics, 2012). If one see something that goes against their personal values and does nothing about it than they need to reevaluate their values. If it is something important to them, than they will do everything within their power to stop whatever they see is wrong.
But, as a matter of demonstrable moral fact, business owners do not have a duty to sacrifice their interests for the sake of their employees, and they should not be forced to do so. The owner of a business, having built
This paper will obtain information about a researched issue that deals with business ethics. The paper will include a summary of the Article and issue. This paper will also touch on the following topics, what seems to be the basis of the issue, what ethical change, deficiency, or conflict brought it about, and how did the organizational leadership come into play. The paper will conclude by proposing a plan for revising the ethical standards and
Today’s workplace in consistent with several diverse backgrounds, which include different aspects of a working relationships within an organization, including age, nationality, education, sexual orientation, socioeconomic status, and religion. Although the companies include the diverse backgrounds, upon entering employment, each individual brings their own set of values, goals, and perception of acceptable behaviors (Lankard, 1991). In respect to the organization, these multicultural individuals are asked to work together in obtaining the corporations goals and policies. However, in the workplace, several ethical dilemmas may arise, which is not limited to, downsizing employees, salaries, successful employing organization, these dilemmas are additional stress to a diverse working population. Resolving ethical dilemmas requires critical discussion, analyzing, problem solving, and decision-making (Lankard, 1991). Resolution cannot be completed with one or two individuals; this process needs to include all stakeholders, current, and future for legal and ethical purposes. Stakeholder’s views must be expressed and reviewed because it
Management constitute amongst major components of a company, organization or a business. As such, management oversees employees interactions with their supervisors and also control of people within a particular organization. Also, it includes critical and ethical decision-making process so as to address various ethical dilemmas experienced by employees while undertaking their respective assigned duties within the company. Ethical dilemmas are hereby to stay as issues usually arise now and then and place a variety of options that bear different repercussions. Therefore, it calls for ethical and critical decision-making skills so as to make the most appropriate option that bears more benefits in comparison to other options presented. While making ethical decisions, it 's substantially important to play heed to a certain ethical decision-making theory. This would enable an individual making the decision to ripe best possible consequences rather than living to regret. Moreover, ethical decision making is typically important in business as making a wrong decision may result not only in huge losses but also poor relationship amongst colleagues and miserable life for employee(s) working in a particular company or business in question.
Today’s business world presents numerous ethical issues. In today’s world above board/moral ethics in organizations do not often materialize intuitively. Organization must strive to provide employees with a clear understanding of the overall company vision. This will aid employees in practicing the code of ethics, policies and procedures in the workplace. Companies must be unwavering in continuously delivering the uppermost ethics of provision in which customers, applicants and employees are entitled to under fair business practices. One major core value is to uphold responsible and fair business practices.
The topic of this paper is business ethics within Gap Inc., a multinational retail – clothing company. The foundation of its corporate ethical approach is summarized in the Code of Conduct . This paper outlines the ethical problems Gap Inc. faced in the last years and more important, the solutions they found in order to remain a successful company. It shows how large companies deal with common issues like child labour and sweatshops.
Today, employees can be considered as the greatest strength of the company. They are the ones who help build the reputation of the company, it is their job to ensure the success of the business, which is why it is very important to keep them satisfied. A recent statistic shows that an American worker has an average of eight jobs in his career (Rudman, 2003). This stat shows how difficult it is to retain a core strength of a company. In this essay, an analysis of a case study is made. The case includes at first, a discussion between Chip Brownlee and Arch carter, the CEO and lead director of Galvatrens respectively. During this conversation, they discussed a lawsuit that a former employee sent to the company for being wrongfully relieved of his duty. Also in the case study after investigation the board of Galvatrens and their CEO made a meeting in order to tackle the problems and know what really happened. In this essay, it will explain the main ethical dilemmas in the case study, and according to these dilemmas a comparison will be made between utilitarian, libertarian, deontological and virtue ethics perspectives. Finally, as a form of an ethical point of view will be used to be the best solution to solve the dilemma of the recommendation.
Ethics refer to what is defined as right or wrong in the morality of human beings and social issues are matters which could directly or indirectly affect a person or many members of a society. In this case study, Nike has been accused of subjecting employees in their subcontracted factories overseas to work in inhumane conditions for low wages. The CEO and cofounder of Nike lamented that “The Nike product has become synonymous with slave wages, forced-overtime and arbitrary abuse.” Initially, the firm purchased two shoe-manufacturing facilities in the United States but eventually had to shut them down due to tremendous loss