What Is Chiquita's Payments Ethical Or Unethical?

Cynthia Cooper was contemplating over this whole debacle with what was the right decision to make with her discovering “almost four billion dollars in questionable accounting entries”. (Mead) While contemplating something crossed her mind on deciding if she should speak up and become known as a whistleblower, is that her findings could cost WorldCom’s credibility, about seventy thousand employees would lose their jobs, and also pension funds that were loaded with WorldCom stock. Her job as an internal auditor she had a responsibility to WorldCom’s Stockholders and also her own conscious to do something like as the fraud that was uncovered was so

In my opinion the ramifications of noncompliance are absolutely justifiable actions. Our government often enacts legislation which may not be in the best interest of the people. Therefore, when a corporation engages in fraudulent activities which are illegal or immoral and these actions affect the livelihood of numerous individuals across the Nation our only recourse

Creating an adequate monitoring system not only protects the best interest of an organization but the consumer also. Furthermore, without these structured protections for the business and consumers, unethical behavior tends to flourish throughout an organization in several different forms. In the case of the Better Business Bureau, it appears that the proper protections were not in place to protect consumers or the organization should have updated its mission statement to account for the many consumer changes since the use of the internet globalized businesses. Furthermore, the leaders of BBB should have worked harder to ensure that employees and companies were punished for allowing his or her unethical behavior to tarnish the organization’s image.

This is a very corrupt action in many means because the government can't help every company.

In October of 2011 investigators ended Kerry F, Khan’s schemes of bribery and kickbacks. For several years Khan had managed the Army Corps of Engineers, and had collected 30 million dollars through his trickery. He did so by hiring subcontractors that he made inflate their bills by adding products of services they didn’t actually do. He would certify it and

Business Law helps to give a basis for right and wrong, beyond morality; therefore, it is an important consideration when deciding whether a business practice or decision is ethical. A company who is cutting corners to skirt regulations would be unethical. The discussion case on Chipotle using illegal immigrant workers for cheap labor would be an example of this. The company verified employees by obtaining documentation which met the minimum requirements of the law, but they did not have systems in place to verify that the documentation was valid, and they turned a blind eye to cases where false documentation had been presented. This made the company’s decision to not implement verification systems unethical. Knowing the laws and regulations

In your first reply, I have to agree with you that there are some business’ that are not honest and unethical because they feel that is the only way to be competitive but those types of companies do not last long and/or struggle for many years with damage control with their reputation. I worked at a company once that did everything unethically and it caused so much stress on everyone in the organization, specifically for our customer. Unfortunately, this company is still in business but has gone thru many structural reorganizations trying to correct their corrupt environment. They have created a dreadful reputation for themselves in the aviation industry amongst suppliers, workforce, customers, and other business’. It may not

In today’s society crime occurs everyday across all aspects of life. One particular crime is that of white collar and corporate level crime. It is important that we as a society study this type of crime in depth because many individuals believe that white collar and corporate level crimes are victimless crimes when in reality they have the potential to destroy major corporations and economies all with one single case. The news or media rarely talk about this type of crime because it is often difficult to understand and individuals typically lack interest in these types of cases. One particular case is that of Jordan Belfort. Dubbed the infamous “Wolf of Wall Street” Jordan Belfort is a former stockbroker who robbed investors of over $200 million dollars to create his wealth through “pump and dump” schemes, insider trading, money laundering securities fraud, and stock-market manipulation. As an attempt to further understand these complex cases I will break down Belfort’s case as far as the methods and means as to how he got started, his use of “pump and dump” schemes and other means as to how he acquired his wealth. In addition to this I will discuss the sanctions and disciplinary action that Jordan Belfort was given, how the case affected society and what new regulations were

It seemed that he was faced with an overwhelming load of problems from Chiquita’s past, but he quickly decided on the best way to fix it. He told CEO Magazine in 2007, “[Chiquita’s] key challenge is to control costs while supporting innovation efforts. Cost-saving programs have not been nearly enough to offset higher industry and other costs.” He said also that “the second challenge is to remain agile in a competitive, fast-paced marketplace that is characterized by growing consumer expectations […] and that in order to strengthen the […] power of the brand, [they] are developing strategies based on consumer brands for healthy, fresh foods and focusing on diversification and innovation” (5). He made it clear from the beginning that Chiquita would be transitioning from the low-margin operations to a company that produced more value-added products. Also, that they would begin to maintain an excellent record of food safety, quality, management, customer service, and in-store

Chiquita Brands International seems to have an autocratic leadership style locally but laissez-faire at headquarter level. In the 1960s, the Revolutionary Armed Forces of Colombia (FARC) and National Liberation Army (ELN) was founded and this cause guerrilla warfare. The FARC was against “the United States influences in Colombia, neoimperialism, monopolization of natural resources by multinational corporations, and paramilitary/government violence” (Schotter & Teagarden, 2010). They was aware of problems involving “farm workers labored long hours in dangerous conditions, agrochemical runoff contaminated water, and tropical forests were cleared for expansion” (Schotter & Teagarden, 2010). Furthermore, the drug cartels were within the country and providing illegal drug trades; which is when the United States backed the War on Drugs. Somewhere between late 1980’s and beginning of 1990’s, Chiquita paid “taxes” to the illegal drug trade while hoping to keep employees safe. No changes were made until 1992 when Dave McLaughlin, Managing Director and

It would be convenient to start this research paper by stating that corruption is a challenge mainly for businesses in developing countries and that it is unrelated to the current affliction of the economy in the United States. It would also be convenient to claim corruption has declined in America as a result of awareness raising campaigns and the numerous anti-corruption laws. But none of those aforementioned statements would be true. Corruption is not the exception, but rather the rule in today’s business practices. In 2004, Daniel Kaufmann, a senior fellow at Brookings Institution and former director at the World Bank, calculated an index of "legally corrupt" manifestations which is defined as the extent of undue influence

For example, in 1998 Chiquita fell a victim of an undercover investigation into dangerous and illegal business practices. The Cincinnati Enquirer, a paper based in Kentucky, accused the company guilty of “labour, human rights, environmental and political violations” in central America, leaving an “unsavoury impression of our company” according to Jeff Zalla, current corporate responsibility officer at Chiquita. (Luthans, F., & P. Doh, J. 2012).

Coca Cola had been accused of unethical practices in some of its locations overseas, in particular its Colombian location. Coca Cola had seen initial success, but had no idea what was about to hit them. The country had a past of violent uprisings, as the government has been relatively unstable in the past few generations. As such, there is a heightened political nature of many of the citizens there, who often fight hard for workers rights. The company was accused of showing "complicity in the murders of union leaders in Colombia" (Lane, 2012, 37-1). In Urabรก, a particularly violent and politically active city in Colombia, Isidro Gil, a major union leader, was reportedly apprehended and murdered on location at one of the company's bottling plants in Colombia. Union leaders had been bringing allegations of Coca Cola breaking the Alien Tort Claims Act and the Torture Victims Protection Act. Many of these efforts were in the midst of a major anti-globalization trend that was occurring in Colombia.

As stated by the Stanford Encyclopedia of Philosophy under Business Ethics, a business is a productive entity that provides goods and services for sale (Moriarty). “Business ethics can thus be understood as the study of the ethical dimensions of productive organizations and commercial activities. This includes ethical analyses of the production, distribution, marketing, sale, and consumption of goods and services” (Moriarty 1). In short, the idea of ethics can be described as morality, believing what is right and what is wrong morally. Big challenges fast food chains like the restaurant Chipotle Mexican Grill face in terms of ethics are requiring food safety, providing a safe environment for customers, giving the staff fair wages and secure working conditions. Ethics in business are important to the owners of restaurants such as the fast food chain Chipotle, owners of these fast food locations decide the difference between providing quality goods and maximizing profits. Figuring the efficiency of income comes to questioning if these actions are detrimental to the consumer.

“A Coke is a Coke, and no amount of money can get you a better Coke than the one the bum on the corner is drinking. All the Cokes are the same, and all the Cokes are good. Liz Taylor knows it, the President knows it, the bum knows it, and you know it."(Andy Warhol, 1975) Regardless of its corporate reputation, the organizational performance and its social responsibility of Coca-Cola makes it loved around the world. Ever since its creation in 1886 Coca-Cola has been a household brand known globally for generations of families. I have to mention, of all the cases researched this is my least favorite not only because of my childhood love for the product because the ethical issues in one way or another always manage to resolve themselves not before further tainting the reputation Coke worked so hard to obtain. Most times, whether an organization is innocent of an unethical act, it becomes secondary to the suspicion of the original act. Almost as if the court of public opinion has the power to ruin the reputation of an organization based on an unfounded accusation. In spite of my loyalty after having ready the case, I do believe Coca-Cola to be flawed. The contamination scare in Belgium is a great example of a public relations nightmare. The slightest hint of impurity should have pushed Coca Cola into crisis management mode but they were slow to react, citing it a minor issue (Ferrell, Fraedrich, & Ferrell, (2011). It was not until local officials