Michael Clayton Is A Legal Drama

2. What role did top management commitment play in developing the ethical work climate and organizational performance seen at Alcoa? What other ethical safeguards are mentioned in the case to support the company's effort at developing a strong ethical culture?

Whirlpools Ethical responsibilities are interpreted differently among society. Society expects companies to produce “green” products while keeping prices fair but do not realize that to meet those expectations placed on them they must change the way the corporation is structured for business. The community and Whirlpool employee’s ethical responsibilities were not kept because they were ultimately damaged by the companies change. The community and Whirlpool’s former employees have had to endure financial hardships due to the reduced wages allowed in Mexico. Other companies located in this community suffered because they were no longer providing supplies to Whirlpool which caused them to go out of business, and unemployment spike. However the shareholders and consumers ethical responsibilities were met because they did in fact gain a more energy efficient appliance while paying less. Shareholders are pleased for the fact that cost of production has been reduced there for, a spike in profit.

Task 1 (P1) Explain the ethical issues a business needs to consider in its operational activities

“I 'm responsible for this company. I stand behind the results. I know the details, and I think the CEO has to be the moral leader of the company... I think high standards are good, but let 's not anybody be confused, it 's about performance with integrity. That 's what you have to do.” This quote is from Jeffrey Immelt the CEO and Chairman of the Board of General Electric. In this paper I will analyze General Electric’s (GE) ethical, social, and environmental standards and practices. This analysis will include, but is not limited to discussions about GE’s code of conduct, how the organization responds to social responsibility, the environmental standards they employ, and the culture within the organization.

Washington Post writer Desson Howe describes The Shawshank Redemption by saying, “It wanders down subplots at every opportunity and ignores an abundance of narrative exit points before settling on the aforementioned finale.” (Howe). However, The Hollywood Report writer Duane Byrge describes The Shawshank Redemption by saying, “In the lead roles, both Robbins and Freeman are outstanding, layering their performances with snippets of individuality: Their small, daily sustenances and minor triumphs are wonderfully inspiring.” (Byrge). Following in the same theme of Byrge’s review, another film reviewer, Janet Maslin of The New York Times, praises the delicacy of director Frank Darabont and the hard work of the actors Morgan Freeman and Tim Robbins are praised immensely (Maslin).

Ethical issues are a significant area for companies doing business deals on a daily basis. In today’s high tech and the ultra-competitive business world, unfortunately, ethical conduct is often ignored. Many huge companies like Enron, Arthur Anderson, AIG, Fannie Mae and Freddie Mac, as well as Bank of America, are crushed, or seriously damaged with the lack of ethics compass in place. Organization ethics is the guidelines and principles by which businesses operate; “the principles and values of each person in a business” will have “a direct influence on the company’s success” (Renshaw, Kubat & Angellotto, 2013, p. 11).

The Shawshank Redemption is a prison movie that is based on a book by Stephen King and directed by Frank Darabont. The movie is not the average bloody horror movie; instead, it takes you to a place where your worst nightmares come alive. The tremendous performance by Morgan Freeman and other actors has truly brought this film to life. The emotions characters portrayed were so real that every one could feel compassion toward them. The Shawshank Redemption, a contribution to the working man, illustrates the dark side of the prison and the power of hope within that helps a prisoner to survive.

Section two of chapter 6 covers teamwork in a corporate setting, as well as employer and employee rights. To promote the morally responsible actions of employees, corporations need to promote an ethical work climate. Four main tenants of an ethical workplace are presented. The first is that both employees and managers acknowledge ethical values, and that responsibilities to stockholders, customers, and other stakeholders are kept. The second tenant is the use of ethical language in corporate dialog, such as introducing a code of ethics. Third, managers need to set a moral tone in actions and words, and through examples and personal behavior. Finally, companies should have a conflict resolution procedure.

Describe the social implications of business ethics facing a selected business in its different areas of activity.

In this essay i will include examples of unethical behaviours done by companies, ethical and unethical activities and illustrate it.

Identify two of the main ethical issues of your industry (or your company). Recall from the lecture that the ethical Issues of an industry (or company) are behaviors, practices, or policies (e.g., company policies) that are thought to occur in the industry, and that raise questions about their ethics or morality because 1) they involve behaviors that harm or could harm others or oneself (either directly or indirectly); 2) they involve behaviors that violate or appear to violate or have the potential to violate one’s own moral standards or the moral standards of one’s society, and 3) they involve behaviors that if made public would normally produce in the agent the moral emotions of shame, guilt, embarrassment, and remorse.

One of the most important factors that plays a huge role in the success of a company – is ethics, which can have long-term impact on the company. It does not matter how high the company’s profitability level is, if there is unethical behavior or a lack of corporate social responsibility it will eventually damage company’s reputation and make it less appealing to stakeholders.

Corporate ethics and social responsibility has increasingly become a way for a company to market itself to consumers and shareholders alike. In the wake of recent scandals at organizations such as Enron and WorldCom and the 2008 credit crisis that was widely attributed to corporate greed, some organizations are using their ethics as platforms to market their goods and services. This is seen as advantageous for the company as well as the investor or consumer. However, this may not be true for all, but merely some organizations.

Unlike the old ethical principles, these days they have regulated their own set of ethical principles in this industry. Nowadays, these business functions through power, lies,

It is nearly impossible to pick up any newspaper and avoid reading a section that deals with the unethical or even illegal conduct of the people who run our companies. Whether it’s stock manipulation, dubious accounting practices, or discarding of environmental waste, the stories keep on emerging. Ethical standards mostly relate to performance or behavior that is not covered by law, and the rule of law covers behaviors that may not necessarily be covered by moral or ethical standards. The principles for social or ethical conduct are embodied within each member of staff as well as within the business itself. Ethics are “the code of moral values and principles that rule the behavior of a