Preventing Conflict And Ethical Issues

Mr. Kovach was far from the most liked teacher at Fort Osage High School. In fact, before joining one of his classes my senior year, I remember a friend of mine telling me, “I had him last semester. It was a really hard class.” Still, having been told to not give in to “senioritis,” I entered into his college credit english class with a determined mindset. I still remember the first day: him standing imposingly across the hall from his domain, seemingly trying to weed out the poor unfortunates that may wander into his trap of a classroom. When the door closes behind him after passing time, so did my means of escape.

Although the author has demonstrated that the ethical code of business, as an instrumental requirement for justice, has difficult to prevent the company from misconducts, personal thinking, we should have

essay all about. Along with this explanation, the relevance to the business world will be stated. Furthermore, the essay will approach the ethical problem both from a consequentialist and a

Conflicts between stockholders and creditors Conflict between shareholders and creditors is common for the company which use debt capital to form an optimum capital structure. As mentioned earlier, agency relation exist when one party works as an agent of the principal. In an organization management

In this paper I will discuss the conflict that is occurring at General Hospital, the conflict management styles that are evident in the case, and how General Hospital could have used teams to address the cost reductions needed to stay competitive. I will also describe how the CEO of General Hospital, Mike Hammer can us negotiation skills to get buy-in for the cost reductions and finally I will recommend a strategy for Hammer to resolve the problem.

An example of an ethical conflict is, I was working with a 16 year old who admitted he wanted to commit suicide. He is half Native American and half white. He started thinking about suicide when his grandmother terminated her rights as guardian and he was now living at the group home where I work. During the next couple of months we noticed his behavior was becoming more erratic and he started drinking alcohol more frequently, skipping school, hanging with gang affiliated youth, and was detained by police multiple times only to be let go the same day. This was an issue my coworkers and supervisor thought was unacceptable to be living in the group home where actions of youth can potentially shut down the facility and which are behaviors that

Conflict is a fact of life - for individuals, organizations, and societies. The costs of conflict are well-documented - high turnover, grievances and lawsuits, absenteeism, divorce, dysfunctional families, prejudice, fear. What many people don't realize is that well-managed conflict can actually be a force for positive change.

Cultural diversity is defined as “the different combinations of cultural and subcultural minorities (e.g. ethnic, racial, national, religious, generational, marital status, socioeconomic, occupational, health status and preference in life partner orientations) coexisting in a given location” (Estes, 2014). The Mexican and Chinese cultures are two cultures from separate geographic continents that I will be analyzing in this paper. The Chinese culture has numerous different cultures. Hans Chinese will be the focus here.

As already observed above, the leaders have the responsibility of making the decisions in the firm. They should consider the ethical as well as moral aspects as they make the decisions, and should be sure to make decisions that lead to the benefit of the parties involved. In order to make such decisions, there is need to observe some procedures as indicated in the essay below.

In life, the strength of a person`s ambition determines their level of effort to pursue their goals and aspirations. In the play, Macbeth, William Shakespeare utilizes this concept by incorporating it into two crucial contrasting characters. To begin the play, ambition`s importance is immediately presented when Macbeth and Banquo comprehend the mysterious prophecies in a dissimilar way. Moreover, the actions taken by both of these characters after the prophecies evidently convey who benefits from a powerful ambition. Clearly, ambition is a valuable asset for a person and it influences people to advance towards a better future. On the other hand, a lack of ambition leads to no progression and an unsuccessful life.

Agency relationships in a business organization exist between the principal, who are the owners or capital providers of the firm and the management, who form the agents. To avert conflict between the agents, the management should seek to fulfill the duties and responsibilities vested upon them by the principal. However, management actions may lead to agency costs, which may be excessive or unnecessary emanating from the agency conflict. The agency costs may entail excessive remunerations to self, neglect of duty, empire building by the management, pursuit of sales growth at the expense of shareholder wealth or profits, inadequate investment of corporate resources in potentially profitable ventures at the expense of the shareholders, assigning excessive perks to self, manipulation of dividend policy rather than wealth creation, and employee welfare objectives.

(This research has been grounded in agency theory, which seeks to solve what is known as the agency problem: that company owners and agents who work for them (management), don’t have the same economic interests, so the solution is to use incentives to align management’s interests with those of shareholders)

Organizational changes include, but are not limited to mergers, acquisitions, affiliations, and consolidations, which affect the roles of the governing bodies, professional staff organizers, senior level managers and the chief executive officer in differing ways. The GBs of an organization play an instrumental role in the modification process of organizational ownership and control. One of the core responsibilities of the GB is to represent, balance, preserve, and advance the interests of its various stakeholders in the entity (Longest & Darr, 2000, pg.68). The various stakeholders include employees, shareholders, the government and the surrounding community of the organization. Board members are obligated to act in good faith and use their authority to promote the best interests of the stakeholders and the organization they govern (Kazemek, 2009). Furthermore, it is necessary for GBs to exercise their fiduciary duty to preserve the organization’s long‐term goals and to sustain the mission that it has originally played a part in formulating. In this context, a fiduciary responsibility is one of trust; it means that one acts to the best of one’s ability in the interest of another, not in self-interest; GBs act on behalf of the stakeholders (Schyve, 2009).

Managers and shareholders are the utmost contributors of these conflicts, hence affecting the entire structural organization of a company, its managerial system and eventually to the company's societal responsibility. A corporation is well organized with stipulated division of responsibilities among the arms of the organizational structure, shareholders, directors, managers and corporate officers. However, conflicts between managers in most firms and shareholders have brought about agency problems. Shares and their trade have seen many companies rise to big investments. Shareholders keep the companies running

Harry was the employer of the company who worked as a network programmer. In this case study, he started working against the policies of the enterprise by selling his product with the use online platform.