The Moral And Ethical Responsibilities At Timothy & Thomas North America

Businesses today face a plethora of ethical duties such as upholding corporate governance, maintaining stakeholder relationships, and presenting an image of social responsibility. In review of Company Q’s (Q) current ethics culture, its image in regards to social responsibility is not equivalent to that of its competitors. In a growing market faced with increasingly challenging competition, there are several areas that Q can and needs to address to bring the company to a level of social responsibility that exceeds stakeholder expectations. First, attention Q needs to address market demands for additional locations to better

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.

In today’s society so many cases of people who have chosen to ignore ethics and values in the pursuit of success or financial gain only end in their demise. A closer examination of professional values and ethics in America certainly reveal that companies or organizations that adhere to a well defined set of professional values and ethics will stand the test of time. Many of America’s oldest and financially sound companies are strong today because they followed a well defined code of business values and ethics. Ford Motor Company is one example, Henry Ford believed so strongly in his company’s code of ethics that he doubled the pay of employs who complied with his code of conduct, which was based upon his personal religious beliefs – regular church attendance, no alcohol, no late hours, and no frivolous spending. J.C. Penney is another company that is a prime example of a successful company that was built on professional values and ethics. Penney took a stand against the unfair business practices of his time; he developed a code of ethics which is considered one of the first general codes for ethics in business. His business partners were required to pledge honesty, integrity, and moral leadership; they were required to follow a code of ethics which can arguably be attributed to the success of many American businesses.

Corporations can be large or small but they all have some sort of ethical impact on their employees, shareholders, customers, community, and surrounding environments. Richard DeGeorge writes, “We can speak of corporations having moral responsibilities to act in certain ways, and they are morally responsible for the consequences of their actions on people.” (p. 200). Large corporations are comprised of the board of directors, management, and their workers. They also deal with suppliers, customers, and have competitors. This essay will examine the moral responsibilities within a corporation.

The corporate world has an unfavorable view of itself by being selfish, evil, and against the average American. Companies market themselves and their products in certain ways that makes them and their products appealing to everyone and if not everyone then a certain group of people. Every company has a mission to follow and values to go by, but some companies lack ethics and morals. In this paper I am going to talk about one company that engages in ethical behavior and another that doesn’t.

a. Can a multinational firm adopt varying ethical standards [such as with regard to product safety (Pinto), employee benefits (Nike) and “kickbacks” to win business (HP)] in its global operations? Why or Why Not? Discuss in depth based

Ethics are values and principles that individuals use to govern his decisions and activities. Ethics are about moral judgment of an individual about right and wrong. In an organization, code of ethics refers to set of guiding principles and organizations use these principles in their policies, programs, and decisions for business. Within organizations, decisions are taken by groups or individuals and these decisions are influenced by the culture of the company. Decision making and relevance of ethics may also differ for nonprofit and for profit organizations. In contemporary business environment, organizations must have a clear ethical policy and implement it in proper manner. There are many social, legal and economic outcomes that company has to face in case of any ethical dilemma, so there must be a smart strategy to deal with ethical dilemmas. In this paper, we will address the ethics for nonprofit and profits organizations, ethical dilemmas being faced or faced by each of these companies and the outcomes of these ethical dilemmas. Critique of actions of each of these companies will be provided from the point of view of applicable philosophical theories of organizational ethics.

Breaking down an overview of Lockheed Martin’s organization leads to Terris’ elaborate plan to gain a general overview of the evolution of business ethics and revealing a balance between profits and stakeholder concerns. Responsibilities of top leadership involve several different form of involvement. These leaders have to be aware, decisive, honest, focused and inspiring. A top leader is usually referred to as a chief executive officer, CEO. CEOs have helped throughout the history of business ethics by seeking unfair advantages through immoral arrangements and creating new ways of business. With business changing occurring, welfare capitalism becomes a major aspect in the nineteenth and twentieth centuries. As a result of issues with welfare capitalism, corporate social responsibility has made its appearance in the twentieth century. Programs of corporate social responsibility now form many of corporate America’s largest advertising campaigns, especially in industries that have been vulnerable to public criticism for their social impact (Terris, 2005, p.42).

In comparing and contrasting two articles which analyze and evaluate ethics in business, the impact of corporate social responsibility and ethical behavior by corporation and their managers can be understood by the public perception documented in a survey of Hawaiian residents, as well as the argument of negative value to consumers when self-interest and lack of ethics are part of an organization’s business model. The survey results in Choy’s article demonstrate the impression of a decline in corporate ethical behavior over the past twenty years. Both articles use the environment of competition to discuss the characteristics of ethical and moral behavior in the corporate realm. The recommendation based on the evaluation of information in the two articles is for business organizations to employ ethical and moral practices that include the values of society, and use traditional morality in all business dealings. The value of corporate social responsibility will be acknowledged and appreciated by consumers, and both economic and social gains can be achieved.

Business corporations are a dog eat world. Business is made up of many aspects from political, social, and environmental responsibilities to those of ethics and responsibility. Every business and major corporation has to deal with these in a much different way. For example, small business’s need more of the social responsibility in order to have more trade and an increased profit. For the major corporations the focus is on what is going on in politics, social, and environmental due to the economy or the state of their countries.

In retrospect, all countries have their own balance and ethical beliefs, but none the less, globalization cast a wide net of possibilities. A business can operate internationally with the policies and procedures it has developed at home, or it can adopt its own practices depending on what is acceptable in each foreign country where it operates. “Individuals and corporations, no longer recognizing god's purpose for our work or seeing him as the source of law and ethics, engage in "situational ethics" and justify any act or transaction that adds to the bottom line”(Dumont, 1995). In some countries, child labor is acceptable and normal but is frowned upon in other countries, namely the United States. If a multinational company is discovered to have used child labor, it could end up being a public relations nightmare and lead to a decline in its domestic sales (Investopedia, 2015) like past company scandals with Nike, Adidas, and Victoria Secret. In the age of technology, media is key. News now spreads in minutes of occurrence and media agencies are now moving from being media-facing to consumer facing; uniquely positioned at the intersection of technology and the consumer (Avi, 2014). Nothing tends to be off

Ethics in the Lockheed Martin Corporation didn’t always have the message it has today. As I read through the book, Ethics at Work: Creating Virtue at an American Corporation, specifically chapter two, I came across some very interesting issues this corporation has had to deal with over the past few decades that go back to the 1920’s and earlier. In the following I’ll go over a few points that led to the development of Lockheed Martine’s current ethics program. Ill cover some ethics issues that were overcame on the way to a great ethics program. First let’s talk about the beginnings that started the Lockheed Martin Corporation so you can get an idea of the foundation of the company itself.

This paper will examine the Bhopal, India disaster of 1984 focusing on the ethical responsibility of Union Carbide. In the rest of this document is the case that a corporation has a responsibility to behave ethically if for no other reason than increase in long term profitability.

In the last few years the significance of communication and coaction has taken a whole new spectrum. Organizations are searching new ways of leveraging social media for employee and customer engagement.

Multinational corporations have financial power and resources to operate or move production from one country to another. Their objective should not only be to increase their profitability but they also have moral obligation to operate ethically. The ethical obligation of multinational corporations should be towards improving employing conditions, human rights, anticorruption laws, environmental pollution and energy saving.