ipl-logo

Michael West: An Explanation Of Ethical Business Practices

630 Words3 Pages

Business ethic is a moral principle that leads the way of each business action. In today business, when it is time to make decision, both company and individual will make it by using ethic as a tool. Ethic can be separated into two parts, which are right and wrong. The job of business is to choose the right choice for the business. In addition, it is extremely easy to identify the unethical business practices, for example; companies use child labor, companies engage in bribery, and companies unlawfully use copyright materials. According to the case study, Michael West believes that it is ethical to pay gifts to the local government officials in Brazil because in the South American countries, they have a culture of the small gift payment. Whenever they trade or do some businesses, it is necessary to make the small gift payment. Moreover, because West makes this small gift payment to the local government official, he is able to get the contract, which is worth more than one million dollars for International Harvester. He feels unfairly because he does his best and be able to get the big contract for the company but International Harvester dose not see what he has done for the company. International Harvester sees only that …show more content…

Most American companies might afraid that the gift seems to move beyond normal courtesy and friendliness, which is wrong. Furthermore, many companies suggest 50 dollars, as a top limit price for the gift and International Harvester is also one of them. Because Michael West makes payments of 1,000 dollars instead of 50 dollars to the local government official, this is why the company thinks that it is wrong and fires him out. The company also wants to take Michael West as the example of people who do not follow the rules. Therefore, employees will not take Michael West as a

Show More
Related
1447 Words | 6 Pages

(150 Years Of International Harvester, pg

Read More
960 Words | 4 Pages

As a Christian, one should strive to have an ethically sound business. John Wesley once suggested that our purpose is to “do all the good [we] can. By all the means [we] can. In all the ways [we] can. In all the places [we] can.

Read More
778 Words | 4 Pages

ASSIGMENT 1: ETHICAL DILEMMAS INTRODUCTION Jean McGuire is working as a salesperson for Sunrise Land Developers, company specialized in offering and helping prospects who looking to buy land and property. Sales director of Sunrise Land Developers, Wright Boazman has brought up new technique that will increase the prospect’s interest in specific lot of land or property. In particular, Wright has told Jean to impact prospect’s decision making by presenting sequences of false actions and information about the land to prospects. The main purpose is to motivate the prospects into buying because they feel this would be the deal that they will never have a second chance to get.

Read More
541 Words | 3 Pages

1. What special emphasis does Solomon find in Aristotle's ethical approach that he believes to be so important in the corporate world? He found that individual virtue and integrity are important, with this good corporate and social policy will then follow. Both of these will result in cultivation and encouragement.

Read More
722 Words | 3 Pages

First of all, Jeffrey Swartz has been the President and the Executive officer of the Timberland. He chose a strategy which was nothing for his own benefit, but just for the finance. He left the company immediately after his earnings rather than arranging a financial deal that may help and get him ready for the life after Timberland. In this article, Jeffrey shows some examples of an ethical behaviour. ‘Ethical behaviour’ is characterized by honesty, fairness, and equality which respects dignity, diversity, and the rights of individuals.

Read More
964 Words | 4 Pages

He says that such law was made to reduce the crime rates, because they are morally incorrect, no matter they are done for good or bad. In the early 20th century, W.D Ross devised a pluralist approach where he focuses morality in various duties such as keeping promises, repairing the previous mistakes, returning to those who have benefitted us previously, promoting goodness, and lastly not to harm anyone. In this scenario, considering the aspects of both these scholars, the action of bribing a foreign official doesn’t favor an ethical behavior, but as per the pluralist theory by W.D. Ross, this action is promoting goodness being beneficial to the people of Kalao, who would be working in the company. It also doesn’t harm anyone considering the consequences of such bribe.

Read More
803 Words | 4 Pages

What is Foxconn’s unethical issue? In mid 2010, Foxconn Technology Group (Foxconn) was facing a crisis of having its workers held protests and riots against the company in Shenzhen, China. Being the world’s largest contract electronics manufacturer (Pun, 2010), the company exploited its migrant workers by providing them with exceptionally low pay and allowing unacceptable number of overtime working hours in the manufacturing site. Such method of raising workers’ efficiency is unethical in the eyes of many.

Read More
857 Words | 4 Pages

It accounts a person morale, motivation and reputation when rating an unusual and irregular behavior that is considered unethical. Following Walmart’s bribery scandal, it is immoral. This is due to the fact that bribe taking and giving is not done by a virtuous person; instead, bribery is seen as an act of an individual who has a deficiency of moral values (German, n.d). As Walmart receives numerous complaints of bribery every year, the company should integrate this ethical theory in their people and system. As a conclusion, this will change their people towards bribes, leading them to restrain from more corruption and bribery

Read More
938 Words | 4 Pages

In this report, there are several examples of the situations which puts or causes ethical dilemma and even describes the ethical theories which are best suitable to explain it properly. Most importantly it evaluates whether it right to do charity and fight for justice afterwards or simply take a step from the beginning to stop such situations to

Read More
1685 Words | 7 Pages

Utilitarianism is a teleological ethical theory based on the idea that an action is moral if it causes the greatest amount of happiness for the greatest number of people. The theory is concerned with predicted consequences or outcomes of a situation rather than focusing on what is done to get to the outcome. There are many forms of utilitarianism, having been introduced by Jeremy Bentham (act utilitarianism), and later being updated by scholars such as J.S. Mill (rule utilitarianism) and Peter Singer (preference utilitarianism). When referring to issues of business ethics, utilitarianism can allow companies to decide what to do in a given situation based on a simple calculation. Many people would agree that this idea of promoting goodness

Read More
2662 Words | 11 Pages

1.0 Introduction Business ethics refers to what is right and wrong, good and bad, harmful and beneficial regarding decisions and actions in organizational transactions (Weiss, 2009). So how to identify the unethical business practices? It is very easily. For example, which are company use child labor, produce tainted products, false advertising, infringement, polluted environment and etc.

Read More
1262 Words | 6 Pages

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.

Read More
958 Words | 4 Pages

The virtue theory, which pursues virtuous principles, strategies and actions, can lead companies to understand their values, including mission, purpose, profit potential and other objectives. Virtuous employees tend to perform their roles consistently and competently in the direction of the company's goals. Virtues are the kind of thing you allow someone to take action to appreciate. Business people increase their likelihood of reaching their values and goals when they reach Objectivist virtues. Virtues emphasize the importance of each employee's valuable contribution.

Read More
2901 Words | 12 Pages

Business ethics also referred to as corporate ethics can be considered as either a form of applied ethics or professional ethics. Its purpose is to analyse ethical principles and also moral as well as the ethical problems that might arise in a business environment. Business ethic is applicable to all parts of business conduct and also takes into consideration the conduct of individuals and the business organizations as a whole. Business ethics can be divided into normative and descriptive discipline. For the purpose of this assignment, the Nestle Company has been chosen.

Read More
1039 Words | 5 Pages

Basically, ethics are at their essence which is it is the moral judgments about what is right and what is wrong. Business ethics is focusing on examine the policies and conduct within the context of commercial enterprise in an organizational as well as in an individual level. In business, the ethics in business is an applied ethics where professionals and researchers use principles and theories to solve any ethical problems that exist in business. At the quarter of the 20th century, as technologies like internet have made world business or international business all more viable, the business ethics domestically have grown in importance along with the power and significance of major businesses. So that, international business ethics take center stage as a major concern of the modern era.

Read More

More about Michael West: An Explanation Of Ethical Business Practices

Related Topics

Open Document