Beau’s Tuxedos Ethics Case Study Founded in 1990, Beau’s Tuxedos was established as a limited liability company by Cecil Beau Harlan in Fort Smith, AR to provide formalwear services to the River Valley area. Beau opened this store after working for another local formalwear business while in high school. His father was a successful local entrepreneur who owned Tri-State Speedway in Pocola, OK and gave him the money to pursue this endeavor at a very young age. The company structure has changed many times over the years due to the ebbs and flows of business, but Beau has always remained the main decision maker involved in daily operations even when not personally staffing the store himself. During prom season, if the business needs demand it,
1 Target missed alarms led to 40 million credit card numbers has been stolen. On Thanksgiving Day 2013, someone installed malware in Target’s (TGT) security and payments system designed to steal every credit card used at the company’s U.S. stores. And when the Christmas gifts had been scanned and bagged and the cashier asked for a swipe, the malware would step in, capture the shopper’s credit card number, and store it on a Target server commandeered by the hackers. Target claimed that the initial breaking- in its systems was traced back to network credentials that were stolen from a third party vendor.
As dramatic as these cases are the relevance of this topic is not limited to such notorious events. The news is littered with scandalous accounts of fallen heroes from all lifestyles. Recent deposed champions include Tiger Woods, Lance Armstrong and Arnold Schwarzenegger. Public downfalls of heroic leaders are not isolated to men only. Women in leadership positions also engage in unethical behavior that often tempt individual in position of power.
Although Bed Bath and Beyond (BBBY) seems to be performing well, it is important to underscore that they only have 4% of the market share. They are facing direct competitors in the domestic retail market, such as Linens ’n Things. They also face indirect discount store competitors including department stores, such as JC Penny, and mass merchandisers, such as Walmart and Target. In order to keep afloat in such a competitive environment, BBBY has placed emphasis on its merchandise and shopping experience, which must differentiate in price and quality from other retailers. Constantly updating the merchandise, employing a low-cost strategy, and having excellent customer service have enabled them to enjoy a competitive edge in comparison to competitors.
The biggest retail hacking in U.S. history started on its course early in the 2013 holiday season, just days prior to Thanksgiving. Cyber criminals made their way into Target’s payment and security systems and planed their attack on all of Target’s 1,797 stores. By November 30, 2013 all of the necessary traps and steps where in order to steal millions of customers card numbers and personal information. All for except one key ingredient, this was a data exit malware program.
The consequences of this interview were that the brand’s name was damaged, the employees morale feel and the sales fell too. Another consequence was that Mike Jeffries stepped down as CEO on 9 December 2014. Abercrombie & Fitch now tries to fight the competition with some important changes to change its image. They will stop sexualized advertising by no longer having shirtless models at new store opening, and eliminating sexualized pictures and advertising on bags, gift cards, and in stores. The store employees will also no longer be called “models”, but “brand representatives” and they will allow a more individualistic dress code for their employees.
Abercrombie and Fitch (A&F) CEO Michael Jefferies made a statement in 2006 that the company is exclusionary, goes after the cool kids and a lot of people do not belong in their clothes (Carroll & Buchholtz, 2015). Years later, his words resurfaced and sparked much debate pertaining to the ethical and legal stance of A&F. To address this issue, I will answer the following questions. 1. What are the legal and ethical issues in this case? One perceived ethical issue in this case is the practice by A&F to produce clothing designed only for certain people who fit A&Fs mold (cool kids).
Zappos is an online company which specializes in selling shoes, apparel, and accessories. Their approach to customer service and their business model make them stand out from other similar companies. Zappos offers free shipping and full refunds on returns. The unique core values the company follows are unconventional. It shapes their corporate culture and employees can pride themselves on respect and integrity to each other and to the customers.
Hypothesis Development Investigation Planning Fraud Investigation Process The process for investigating potential fraud includes: the initial case analysis, planning and preparation, fact finding, analyzing and reporting the evidence, and following-up. Before starting the WorldCom investigation, I need to know what the alleged crime is, who the perpetrators are, and if an investigation is necessary. Cynthia Cooper believes that fraud is being committed by more than one perpetrator, so an investigation is needed. Since the SEC is involved, I am seeking assistance from outside counsel.
It is an exemplary case demonstrating how today's Omni channel consumers behaviorally respond to radical changes in a store environment. Do they shop for a particular product on BestBuy first or its brand’s standalone outlet? Where do they spend the most time? What do they look at? In the retail paradigm of the future, it wouldn’t suffice to just measure footfalls (in case of in store retail) or net revenue / profit generated.
A Manager’s Ethical Dilemma Adam Oliver Business Ethics for Leaders (BSAD460-E1WW) September 11, 2017 Sears, Roebuck, and Co. really did a number on their once loyal customers trust in them. By completely switching their approach as a business from a trusted, long standing customer first company to something that isn’t them. They were trying to compete with the Wal-Mart’s of this world and Sears was never Wal-Mart. The management all but incentivized their employees to cut corners and be dishonest to customers to push sales. Background Sears, Roebuck, and Co. started small just selling farm equipment and made themselves a household name in just 30-40 years of catalog sales.
“Nordstrom knows it is not the price but the customer service that gains and retains loyalty customers that generate strong profit” (Nelson and Quick, 2015, p 508). Nordstrom is also one of the superior fashion specialty stores because of this approach of competing. The avoiding approach and compromising are related. In this article Nordstrom decides to take no action to avoid conflict.
In my research of Wal-Mart unethical behavior have lead me to believe their pass action was illegal. After time Wal-Mart unethical behavior eventually caught up with them. They violated the law civic rights for sex discrimination, falsifying employment time cards, forcing them to clock out, while still on the clock and not paying them for those hours and bribery are all illegal activity that they could get away with for a long period of time. Even though the company only must pay out money for those lawsuits, I surprise that know went to jail for their unethical behaviors. I feel that if the Wal-Mart upper-management followed the code of conduct that they set forth in their organization mission, vision and values, they will would have never cross the line in unethical behavior.
INTRODUTION Amazon is the multinational electronic commerce corporation which was established in 1994, by Jeff Bezos with headquarters in Seattle, Washington, United States. Mr. Jeff Bezos was insistent on naming his corporation with the letter A. As such he started perusing through the dictionary, and ultimately settled with Amazon. He considered the fact that the Amazon river was the largest on in the world and with a motive of estabilishing the organization’s supremacy in the market he confirmed the organization’s title as he same. Though , Jeff bezos had initially adopted the name ‘Cadabra’ on July 5,1994, he later on deferred to Amazon considering the above facts and the companys vision .The
Introduction The key ethical issues that were presented in this case study were quality control, lack of customer care, responsiveness, and harming the customer. The Johnson and Johnson case may have been seen as a turning point due to many things the company did right. However, there were many ethical issues in this case which will be explored more throughout this paper.
