What ethical principles, Companies and other organizations

What ethical principles

Assignment Help Operation Management

Reference no: EM131375894

Companies and other organizations are faced with important, and often difficult, decisions all the time. These decisions, and the outcomes, could have a significant impact on a number of possible stakeholders including employees, customers, shareholders, and/or other members of the larger community. It is therefore important to consider the ethical implications of decision making.

What ethical principles or values do you think a company should consider when making decisions? Do you think organizations today meet these ethical standards? Give examples from your personal work experience or from the media that relate to these principles.

Many companies and professional organizations have ethical codes of conduct. If you were asked to develop a short document for an organization entitled “Ethical Guidelines for Making Business Decisions,” what key topics would you address?

Reference no: EM131375894

Questions Cloud

Labor intensive introduced by hicks brothers : Data for a new product that is very labor intensive introduced by Hicks Brothers in the operation in Hendersonville, TN is given below. The average labor cost including overhead expenses is about $20 per hour.

What are some of the advantages of electronic control system : What can happen if the pressure drop through a heating or cooling coil control valve is excessive?

Describe the nature and types of services of organization : Describe the nature, structure and types of services of your organization by using popular business media to profile/characterize its business, e.g., WSJ, Forbes, NYTimes, Yahoo Finance, etc.

What could cause vibration in a large air-handler fan : Why are direct digital control (DDC) systems sometimes referred to as energy-management systems?

What ethical principles : Companies and other organizations are faced with important, and often difficult, decisions all the time. These decisions, and the outcomes, could have a significant impact on a number of possible stakeholders including employees, customers, sharehold..

Explain the potential liable partners and their respective : Fully explain the potential liable partners and their respective potential liability for the following facts:A junior high baseball player aged 14 is warming up in the batter's box while standing next to another player doing the same. The two are a..

Great leaders helping to motivate : In order to have a successful business, we need to have great leaders helping to motivate and inspire their employees. Share with the class someone you feel is a great leader and how they have possibly helped to motivate others.

How does a refrigeration air dryer operate : How would a humidity control operate? What is an important consideration to take into account when replacing sensors?

What will be the firms quick ratio after petry has raised : How much can Petry's shortterm debt (notes payable) increase without pushing its current ratio below 2.0? What will be the firm's quick ratio after Petry has raised the maximum amount of short-term funds?

User Account

All Pages