Wgu Ethical Situations in Business Task 1 - 680 Words

Ethical Situations in Business Task 1 John Mackey, founder of Whole Foods once said Business social responsibility should not be coerced; it is a voluntary decision that the entrepreneurial leadership of every company must make on its own. (Mackey, 2005) In today’s society it is increasingly common for businesses to actively identify and become directly involved in the country and the global social issues and needs. It is now common place for companies to market this information alongside of their logos, as a TV commercial and on the products they sell. When a company does not resemble its competitors it really stands out and unfortunately this is where we find Company Q. In the exercise Company Q is described as a small, local†¦show more content†¦cutting edge. Company Q should consider a partnership with the local food bank who has asked for their day old products. Meeting with the group and creating a comprehensive plan that would gain positive The food bank Choice is abundant in most markets in todays society and companies have to stay on the impacts for both the business and the non-profit organization would be quite simple. could offer a volunteer to pick up the day old product from the store and the store in turn could create an accountability system between the store and food bank. numerous. The opportunities with the partnership are The store could create a marketing plan to share opportunities for patrons to give to the The food bank in return could add the stores food bank by purchasing items from within the store. logo and other information about the store to handouts or brochures that might be given to their patrons and/or donors. It would be important for the two entities to meet on a yearly basis to review the partnership and share the results with the local community. Company Q, might want to consider conscientious capitalism. Conciouncious capitalism seems to be a more holistic approach that allows social responsonsibilty to be embedded in every decision or process of the company rather than just picking up a ball ( cause) and carrying it around to just enhance their brand. It would allow for the company to change the thoughtShow MoreRelatedC200 course5463 Words   |  22 Pages3018.1.2: Theories of Leadership The graduate uses contemporary theories of leadership to develop personal leadership skills based on a personal leadership philosophy. Competency 3018.1.3: Sustaining Business Performance The graduate applies management and leadership theories for long-term global business success. Competency 3018.1.4: Organizational Performance Methods The graduate analyzes appropriate methods to improve organizational performance. Course Mentor Assistance As you prepare to successfully

Lance Armstrong Ethical Dilemma Case Study - 1806 Words

Ethical Dilemma The decision maker for the ethical dilemma for the lance Armstrong case is Chris Carmichael, the coach. The decisions are: To always overlook the use of PED or to never always overlook the use of PED. These two choices both have undesirable outcomes. To always overlook the use of PED: This option is undesirable because it the discovery of PED usage will lead to termination from the sport, resulting in failed coaching business. Never overlook the use of PED: This option us undesirable because it will mean that coaching business will not develop. Utilitarianism: The stakeholders that have been identified are: Sponsors, administrators, athletes, The UCI, competitors, media, competitors. All reasonably foreseeable†¦show more content†¦For example, if everyone was never to respect contractual agreements no one would have legal obligations to restrict them from behaving in an unethical or illegal manner. The second (Humanity or End in itself formulation): The maxim does not pass the second categorical imperative. To never always respect contractual agreements would result in in people being used as a means to an end. Chris Carmichael is allowing the athletes to use PED as a means to an end because it benefits his couching business. The third (Kingdom of Ends formulation): The maxim does not pass the third categorical imperative because it is not sustainable and cannot be applied as a universal law because it would be considered unacceptable to act in such a manner. Conclusion: The application of the categorical imperative to the maxims: To always respect contractual agreement and never always respect contractual agreement in the Kantian analysis demonstrates that the correct maxim is to always respect contractual agreements. In conclusion, always respecting contractual agreement is more sustainable in the long run because it can be universally applied as a law, does not use people as a means to an end and is generally perceived more socially acceptable than the contrasting maxim: to never respect contractual agreement. The Kantian analysisShow MoreRelatedUnethical Conduct And Its Effects On The Workplace2129 Words   |  9 PagesWith the recent cases of unethical conduct in media, there seems to be few models of businesses and leaders operating on ethical principles. It is believed that because of the low ethical standards of leaders that employees feel justified to respond in kind, by increased absenteeism, petty theft, indifference, and poor job performance (Gini). The ethics of leadership has a direct impact on the workplace and affects the ethical choices and decisions that workers make in the workplace. It tricklesRead MoreIrony Ethical Execution2730 Words   |  11 PagesIrony Ethical Execution : A closer look at nonprofit behavior code Felecia M. Daniels August 24, 2012Fmdaniels7770@yahoo.com Nonprofit Organization Management Professor Jennifer Pryor Irony Ethical Execution: Table of Contents Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Page 3 Why is a Code of Ethics Important?..................................................................Page 4 Important Ingredients in the Code of Ethics†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Page 4 Administration of the Code of Ethics†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreStrategic Human Resource Management View.Pdf Uploaded Successfully133347 Words   |  534 PagesRESOURCE INVESTMENT CONSIDERATIONS ...6 INVESTMENTS IN TRAINING AND DEVELOPMENT ..... 14 INVESTMENT PRACTICES FOR IMPROVED RETENTION ............................................................ 32 INVESTMENTS IN JOB-SECURE WORKFORCES .......... 42 ETHICAL IMPLICATIONS OF EMPLOYMENT PRACTICES ............................................................. 56 NONTRADITIONAL INVESTMENT APPROACHES ......... 58 SUMMARY............................................................... 67 NOTES...............Read MoreDeveloping Management Skills404131 Words   |  1617 Pagesmymanagementlab is an online assessment and preparation solution for courses in Principles of Management, Human Resources, Strategy, and Organizational Behavior that helps you actively study and prepare material for class. Chapter-by-chapter activities, including built-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Read More_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 PagesStatistical Association’s Joint Committee with the National Council of Teachers of Mathematics on Curriculum in Statistics and Probability for Grades K–12. In addition to her texts in introductory statistics, Roxy is also co-editor of Statistical Case Studies: A Collaboration Between Academe and Industry and a member of the editorial board for Statistics: A Guide to the Unknown, 4th edition. Outside the classroom and the ofï ¬ ce, Roxy likes to travel and spends her spare time reading mystery novels. She

Gasoline Essay Research Paper Why are we free essay sample

Gasoline Essay, Research Paper Why are we paying so much for gasolene? If you haven? T noticed you must non drive, but at that place has been a drastic addition in gas monetary values in the past twelvemonth and a half. It seemed similar merely the other twenty-four hours when I was at the gas station and I said? Can I acquire 20 dollars on pump 3 please? ? and that would vouch a full armored combat vehicle of gas. But those were the good old yearss when gasolene was a low, low, low monetary value of.99 cents per gallon. 20 dollars has my gage making for the halfway grade on the gas metre. Nowadays it takes dual that money to acquire a full armored combat vehicle. We will write a custom essay sample on Gasoline Essay Research Paper Why are we or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Anyone who drives a SUV has it the worst of all drivers. SUV? s have some the largest armored combat vehicles and acquire the worst milage. The last clip I went to the pump it cost me 40 dollars to make full up my armored combat vehicle. That breaks down to about $ 2 a gallon. That? s me giving a whole twenty-four hours? s worth of work toward make fulling up my gas armored combat vehicle. Who is to fault for all this? The major perpetrators behind all these lifting monetary values are the Big Oil companies. They decided non to bring forth their standard gasolene stock lists due to the high costs of rough oil before Memorial Day of 2000. The cost of rough oil is $ 34 per barrel. Which leaves the Midwest fuel market extremely vulnerable to provide break particularly since supply in the Midwest is depends largely on grapevines. In bend, three major Large Oil grapevine breaks wreak mayhem on the market because of the deficiency of gasolene stock lists. With the deficiency of supply, brought on by determinations by the Big Oil companies, gas monetary values skyrocket in the Midwest. Now, the Big Oil companies gather record net income borders as a consequence of their ain supply misdirection. The Big Oil companies blame ethanol ( a fuel made from maize to cut down emanations from the autos ) , to cover up their net income. Now, conjecture who is stuck with paying the monetary value at the pump? ? ? I was reading the paper and I read? California gas monetary values fall? and it mad me laugh. What did it fall to? The mean monetary value in Sacramento is $ 1.92 and falling a whole.2 cents from a month ago. Merely a twelvemonth ago you could hold bought that same gallon for $ 1.46. The province norm is now at a $ 1.85 with Lake Tahoe at the top of the list at $ 2.10 per gallon and Salinas at the underside at $ 1.86 When the monetary values are $ 1.20 or below I would name that a autumn but.2 cents is merely a faux pas. Right now there is merely one logical solution to the job and that is by utilizing ethanol-blended fuel. Ethanol is produced through a agitation and distillment procedure that turns the sugars in the maize into intoxicant. Ethanol utilizes about 7 per centum of the U.S. maize harvest yearly. It greatly reduces tailpipe emanations, helps to keep up the agricultural economic system, and straight displaces imported oil. The monetary value of ethyl alcohol is cheaper than leadless gasolene. Because the monetary value of oil is at it? s highest while the monetary value of maize for the usage of ethyl alcohol is at it? s lowest. A bushel of maize, which is like 2.5 or 3 gallons, is equal to 1 gallon of gas. Since the 1970? s autos can fire up to 10 per centum ethyl alcohol. In the Midwest they use 10 per centum ethyl alcohol and the remainder unleaded gas. Ethanol is clean combustion and reduces toxic emanations by 22 per centum and nursery causation gases by 40 per centum. It is renewable because we grow more maize every twelvemonth that can be used to bring forth more ethyl alcohol. Gas can neer be reproduced because it comes from oil. It is made in the U.S. from maize in the U.S. so we don? Ts have to cover with the importation of oils that chiefly come from the Middle East. It is a great trade for is as consumers and helps the husbandmans and the economic system, and helps us salvage money by equilibrating the trade with the Middle East. It enhances engine public presentation by increasing the octane in the gas and cleans and prevents engine sedimentations. It even acts as antifreeze for your fuel line. The Big Oil companies know what they are making and it was a smart move by them. Everyone in the U.S. drives an car and to drive you need gas. You need gas, without it you can? t thrust. There is no alternate that you can set inside your armored combat vehicle to do it run so you have to pay the traveling rate. Since the gas monetary values have gone up at that place has been no alteration in the sum of gas that is being bought in fact there are more people purchasing gas now than earlier. So, why would a marketer privation to take down the monetary value of their merchandise if people will pay for it no affair what the ticket says? The monetary values of gas may skid but neer? fall. ? The Big Oil companies will go on what they are making for every bit long as we pay the monetary value. If you don? Ts like the gas monetary values you better stock up on places and get down walking because they aren? T traveling anyplace but up. 317

Organizations as Machines and Systems of Political Activity

An effective leader should understand major principles of organizational change, development and behavior. Morgan (2006) introduced (and provided an in-depth analysis of) certain metaphors to use to evaluate organizations’ effectiveness.Advertising We will write a custom essay sample on Organizations as Machines and Systems of Political Activity specifically for you for only $16.05 $11/page Learn More These metaphors help analyze effectiveness of the organizational structure and behavior; it can also help evaluate performance of the company and each employee (Renz, 2009). It is possible to consider two metaphors to illustrate this point. Organizations as machines and organizations as systems are two metaphors which can be used to evaluate different aspects of the organization. Organization as a machine is a metaphor that depicts the organization as a machine where all systems work according to some algorithms (Morgan, 2006). Departments are seen a s different subsystems of a single machine. The major focus is made on productivity and performance. Such concepts as bureaucracy and technocracy become central. In terms of this metaphor, organizations function according to a plan with no deviation (Morgan, 2006). This metaphor can help evaluate the effectiveness of the strategy chosen. When seeing an organization as a machine, it is rather easy to trace deviations from the plan if any. Performance can also be easily evaluated as it is rather easy to check whether the organization or a particular employee reaches goals set (or even starts working on time) or not. Nonetheless, there is a drawback in this metaphor which prevents leaders from evaluating interpersonal relationships within the company. However, effective leaders should be aware of the relationships existing in the company (Kinicki Kreitner, 2009). The use of this metaphor is also ineffective when concentrating on the change and development of new creative ideas as mach ines do not create, they only perform. Another metaphor can help focus on relationships within the organization. Unlike the metaphor considered above, the present one does not focus on performance or efficiency. According to Morgan (2006), it is possible to consider the organization as a system of political activity. Thus, such concepts as leadership, power, conflict and relationships come to the fore. In terms of this theory, the leader can trace a variety of links between employees and departments. This can help the leader understand needs and aspirations of the employees, which, in its turn, will help to develop proper approaches applicable in various situations with different individuals.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, this organizational metaphor prevents the leader from properly evaluating efficiency and performance of the employees and the entire company. It is hardly possible to trace development of innovative ideas. This metaphor is rather ‘narrow’ as it focuses on a particular aspect of organizational behavior. Remarkably, the two metaphors focus on different concepts and are somewhat ‘narrow’. Nevertheless, when used together, these metaphors can help evaluate performance of the organization. More so, leaders should exploit all the metaphors revealed by Morgan (2006) as they reflect a particular facet of organizational development. The use of these metaphors will help the leader get a complete analysis of an organization. In conclusion, it is possible to note that Morgan’s metaphors are helpful when it comes to analysis of organizational behavior. Each metaphor focuses on a particular facet and, hence, it is important to use all the metaphors to have all the necessary data to develop proper approaches and leadership strategies. More so, it is vital to switch between the metaphors in different period s of the organization’s lifetime as sometimes leaders should pay more attention to particular concepts. Reference List Kinicki, A., Kreitner, R. (2009). Organizational behavior. Burr Ridge, ILL: McGraw Hill. Morgan, G. (2006). Images of organizations. Thousand Oaks, CA: Sage. Renz, L.M. (2009). Metaphor: Imagery devices used by Morgan to describe organizations as culture and psychic prisons. Emerging Leadership Journeys, 2(1), 54-65. This essay on Organizations as Machines and Systems of Political Activity was written and submitted by user Nancy L. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Timeline of Events From 1840 to 1850

Timeline of Events From 1840 to 1850 The years from 1840 to 1850 were marked by war, political changes, a gold rush in California, and many other important events in America and around the world. 1840 January 10: Penny postage was introduced in Britain.January 13: In a shocking maritime disaster, the steamship Lexington burned and sank in Long Island Sound. Only four men survived and more than 150 passengers and crew perished.February 10: Queen Victoria of England married Prince Albert of Saxe Coburg-Gotha.May 1: The first postage stamps, Britain’s â€Å"Penny Black,† were issued.Summer/Fall: The 1840 presidential campaign was the first to prominently feature songs and slogans. William Henry Harrison won the presidency thanks to his Log Cabin and Hard Cider campaign, and the slogan Tippecanoe and Tyler Too! 1841 March 4: William Henry Harrison was inaugurated as president of the United States. He delivered a two-hour inaugural address in very cold weather. As a result, he caught pneumonia, from which he never recovered.Spring: A free black New Yorker, Solomon Northup, was lured to Washington, D.C., drugged, and kidnapped into slavery. He would tell his story in the powerful memoir Twelve Years a Slave.April 4: President William Henry Harrison died after only one month in office. He was the first American president to die in office and was succeeded by Vice President John Tyler.Autumn: Land was purchased in Massachusetts for Brook Farm, an experimental farming community frequented by Nathaniel Hawthorne, Ralph Waldo Emerson, and other writers and thinkers of the era.November 9: Edward VII of England, son of Queen Victoria and Prince Albert, was born. 1842 January: The British retreated from Kabul, Afghanistan and were massacred by Afghan troops.August 29: The First Opium War ended with the Treaty of Nanking.November: Showman Phineas T. Barnum tracked down a child in Connecticut said to be peculiarly small. The boy, Charles Stratton, would become a show business phenomenon known as General Tom Thumb. 1843 Summer: Oregon Fever gripped America, beginning mass migration westward on the Oregon Trail. 1844 February 28: An accident with a cannon on US Navy warship killed two members of John Tyler’s cabinet.May 24: The first telegram was sent from the U.S. Capitol to Baltimore. Samuel F.B. Morse wrote, â€Å"what hath God wrought.†August: Karl Marx and Friedrich Engels met in Paris.November: James Knox Polk defeated Henry Clay in the U.S. presidential election. 1845 January 23: The U.S. Congress established a uniform date for federal elections, naming the first Tuesday after the first Monday in November as Election Day.March 1: President John Tyler signed a bill annexing Texas.March 4: James Knox Polk was inaugurated as President of the United States.May: Frederick Douglass published his autobiography Narrative of the Life of Frederick Douglass, An American Slave.May 20: The Franklin Expedition sets sail from Britain. All 129 men on the expedition were lost during their attempt to explore the Arctic.Late Summer: The Irish potato famine, which would become known as the Great Famine, started with widespread failures of the potato crop. 1846 February 26: American frontier scout and showman William F. â€Å"Buffalo Bill† Cody was born in Iowa.April 25: Mexican troops ambushed and killed a patrol of U.S. soldiers. Reports of the incident inflamed tensions between the two nations.April-August: Francis Parkman traveled from St. Louis, Missouri to Ft. Laramie, Wyoming, and later wrote of the experience in the classic book The Oregon Trail.May 13: The U.S. Congress declared war against Mexico.June 14: In the Bear Flag Revolt, settlers in northern California declared independence from Mexico.December: The Donner Party, a party of American settlers in wagon trains, became stranded in the snow-covered Sierra Nevada Mountains in California and resorted to cannibalism to survive. 1847 February 22: U.S. troops commanded by General Zachary Taylor defeated a Mexican Army at the Battle of Buena Vista in the Mexican War.March 29: U.S. troops commanded by General Winfield Scott captured Veracruz in the Mexican War.June 1: Cornelius Vanderbilt, one of Americas richest and most competitive men, raced a steamboat against rival Daniel Drew in the Hudson River. Many thousands of New Yorkers lined the citys docks to watch the paddle wheelers race.Late summer: The potato famine continued in Ireland, and the year became known as Black 47.September 13-14: U.S. troops entered Mexico City and effectively ended the Mexican War.December 6: Abraham Lincoln took his seat in the U.S. House of Representatives. After serving a single two-year term, he returned to Illinois. 1848 January 24: James Marshall, a mechanic at John Sutters sawmill in northern California, recognized some unusual nuggets. His discovery would set off the California Gold Rush.February 23: Former president John Quincy Adams, who served as a U.S. Congressman from Massachusetts after leaving the presidency, died after collapsing in the U.S. Capitol building.July 12-19: A conference at Seneca Falls, New York, organized by Lucretia Mott and Elizbeth Cady Stanton, took up the issue of Womens Rights and planted the seeds of the suffrage movement in the U.S.November 7: Zachary Taylor, Whig candidate and a hero of the Mexican War, was elected President of the United States.December 5: President James Knox Polk, in his annual address to Congress, confirmed the discovery of gold in California. 1849 March 5: Zachary Taylor was inaugurated as the 12th president of the U.S. He was the third, and last, candidate of the Whig Party to hold the office.

Financial Management case study 2 Essay Example | Topics and Well Written Essays - 750 words

Financial Management case study 2 - Essay Example Based on the probability distribution of the rate of return, you can compute two key parameters, the expected rate of return and the standard deviation of rate of return. This in fact is the measure of risk for a single asset. State Probability Return on Stock A Return on Stock B 1 20% 5% 50% 2 30% 10% 30% 3 30% 15% 10% 4 20% 20% -10% Given a probability distribution of returns, the expected return can be calculated using the following equation:Where, E [R] is the expected return on the stock; N = no: of states; pi is the probability of state i and Ri is return on the stock in state i. So we see that Stock B offers a higher expected return than Stock A. However, that is only part of the story; we haven't yet considered risk. Given an assets expected return, its variance can be calculated using the following equation and the standard deviation is calculated as the positive square root of the variance. Although Stock B offers a higher expected return than Stock A, it also is riskier since its variance and standard deviation are greater than Stock A's. Advantages of Risk and Return: It enables investors and entrepreneurs in taking capital budgeting decisions. In case of risk chances of future losses can be foreseen. Disadvantages of Risk and Return: Uncertainty lies in decisions taken based on these. Calculations might be difficult at times. (b) Explain, with examples, how you would measure the risk of a portfolio. Most investors invest in a portfolio of assets, as they do not want to pout all their eggs in one basket. Hence what really matters to them is not the risk and return of stocks in isolation, but the risk and return of the portfolio as a whole. Expected return of a portfolio: The expected return of a... Most investors invest in a portfolio of assets, as they do not want to pout all their eggs in one basket. Hence what really matters to them is not the risk and return of stocks in isolation, but the risk and return of the portfolio as a whole. Expected return of a portfolio: The expected return of a portfolio is simply the weighted average of the expected returns on the assets comprising the portfolio. For eg : when a portfolio consists of two securities then the expected return is Consider the following two stock portfolios and their respective returns (in per cent) over the last six months. Both portfolios end up increasing in value from $1,000 to $1,058. However, they clearly differ in volatility. Portfolio A's monthly returns range from -1.5% to 3% whereas Portfolio B's range from -9% to 12%. The standard deviation of the returns is a better measure of volatility than the range because it takes all the values into account. The standard deviation of the six returns for Portfolio A is *1.52; for Portfolio B it is *7.24.

Industrial Action Essay Example | Topics and Well Written Essays - 1500 words

Industrial Action - Essay Example The collective bargaining process in the U.K. has been described as adversary in nature because of the arms length bargaining style and the minimal communications employed, although it is a â€Å"representational system† since the labor movement is not seeking to overcome the political economic system. In sum, the degree of external control placed on employers by unions in the U.K. is limited in international comparison. Conditions of employment are set at the firm level and therefore more likely to give employers more flexibility in adapting HR policies to the firm context, although at times these policies also limit managerial flexibility, to wit, the restrictive work practices that evolved in U.K factories. The extent of industrial action : In the UK, official statistics on the use of industrial sanctions relate only to strikes. They measure three dimension of strike activity – their number (how frequent they are), their size ( number of workers involved) and their d uration (the number of working days lost). This last measure is often distorted by a few big strikes. For example, in 1979 an engineering industry- wide strike accounted for 55 percent of the 29.5 million working days lost in that year. In 2000 the number of working days lost in the UK was 499,00. However, disputes still happen – for example, the series of one day stoppages in 2002 on the railways over the widening of pay differentials between drivers, who were in short supply, and other railway employees.