StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Ethics Paper Management - Assignment Example

Cite this document
Summary
Ethics Paper Ivan Iliev Strategy is both, objectives and means. Objectives without means remind about dreams. Means without objectives could be a good everyday life, at best. It is widely accepted that these objectives should be set up in the long term. To succeed in both one needs to go through a challenging organization's process, the strategic planning…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.7% of users find it useful
Ethics Paper Management Assignment
Read Text Preview

Extract of sample "Ethics Paper Management"

Download file to see previous pages

The decisions concerning strategic planning and management are usually taken by the shareholders of the company or the top level executive unit (Board of Directors). These decisions are related to all resources and structure of the company. The strategic action plan has to be fundamental, stable and long lasting. For these reasons a company needs to involve in its strategy concepts like vision (where we go, what we want) and mission (who we are, what we do). Values and beliefs that are shared within the organization show additional consolidation and commitment of the unit and the staff.

Different types of mission statements are issued and among all those of importance to us are the “product – service oriented” and “customer – market oriented” ones. In her “Ethics Awareness Inventory” Williams (2011) argues that to succeed in the long run a company or an individual needs to consider topics like Character (what is good to be rather than what is good to do), Obligation (duty or obligation of individuals), Results (the consequences of our actions, where good should prevail over evil) and Equity (issues related to justice, trust and honesty).

Since strategic planning is done mostly by shareholders and Board of directors then “is it done for their sole benefit, only?” When being asked, managers make an interesting rating for the objectives of their business behavior placing customers and government at the top, followed by stockholders and employees. Clifton and Amran (2011) share that the “Stakeholder Approach” is supportive in corporate practices and this is a proper way to achieve a sustainable world. Freeman (1994) is even more straightforward by writing that “Corporation shall be managed in the interests of its stakeholders, defined as employees, financiers, customers, and communities”.

In most strategic and business managing sources stakeholders are described as the individuals, groups and institutions most deeply interested in the business of the company and its results. The short list would include customers, competitors and suppliers, as well as administrative, social and political institutions. Ferrell (2004) considers that “customers are key stakeholders that help establish the firm’s reputation and identification” and later “Understanding customer needs and wants and providing customers with high-quality products are the key to the company’s success.

” An interesting issue is to discuss one specific group of stakeholders – parents and family members. The Forbes columnist Scott Reeves (2005) cites M. Sophie Beckmann, a certified public accountant and certified financial planner at A.G. Edwards in St. Louis to have said that "Responsibility increases with children" and that "You're now responsible for your spouse and the children. That means planning." And we add: “That means strategic planning.” A family with three children will spent not less than 15 to 20 years being engaged in college-related topics and thus behavioral, money and housing issues.

Consider a possible student loan from the U.S. government Direct Loan Program with 10 years repayment period (U.S. Department of Education, 2011) and then it makes a period of nearly 30 years. People from that group of stakeholders would be delighted to learn and know about a company like the American Campus

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Ethics Paper Management Assignment Example | Topics and Well Written Essays - 750 words”, n.d.)
Ethics Paper Management Assignment Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/management/1432942-ethics-paper
(Ethics Paper Management Assignment Example | Topics and Well Written Essays - 750 Words)
Ethics Paper Management Assignment Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/management/1432942-ethics-paper.
“Ethics Paper Management Assignment Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/management/1432942-ethics-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF Ethics Paper Management Assignment

A Work Breakdown Structure as Aspect in Management of Projects

The paper "A Work Breakdown Structure as Aspect in management of Projects" presents an example of WBS for the provision of services in maintenance, repair, and rebuilding of equipment for the federal government, and the best approach to creating a comprehensive work breakdown structure....
8 Pages (2000 words) Assignment

Professionalizing the Organization

In the paper “Professionalizing the Organization” the author discusses the six elements to define the profession, which are mainly included in the requirement of having skills based on special knowledge, the requirement for advanced education, and training.... 1999)This paper clearly states that the Instruction and assessment of students' professional skills can be accomplished in senior project courses.... This paper has also proposed a process by which faculty development program learning outcomes based on the mission of the university, then develop learning and demonstration activities to determine the degree to which those outcomes are obtained....
8 Pages (2000 words) Assignment

Implications for Customer Relationship Management

The paper "Implications for Customer Relationship management " describes that customer relationship is imperative in business management.... Experts posit that its effectiveness depends on top management's commitment to exemplify leadership, strategic direction, and entrepreneurial goals … Modern businesses nowadays adapt Data Warehouse Technology and Enterprise Resource Planning (ERP) Technology to analyze customer purchases (Chen, 2001)....
7 Pages (1750 words) Assignment

Social Performance Part II: Ethics Program

or Stagecoach Bus, its code of conduct focuses on the management of complaints and feedback.... The company of the writer of the paper runs under the transportation industry since it is considered a necessary service in any community.... In the case of the company in the paper, it solves the transport problem of the people in the community.... This assignment "Social Performance Part II: ethics Program" analyzes ways ethical challenges affect your business and create a code of conduct for your company....
5 Pages (1250 words) Assignment

Analysis of Ethics and Business

This paper "Analysis of Ethics and Business" discusses the question of whether the management of businesses should behave ethically.... hellip; Ethical policies of management are thus building blocks in the establishment of trust which helps in the long term management relationship.... In addition to that, the nature of management being boundary spanning presents many of the ethical issues experienced in today's businesses world (Story & Hess, 2010)....
6 Pages (1500 words) Assignment

Ethical Issues of Australian Computer Society

Currently, her company got a contract to establish a database management system for a company that manufactures toys.... his paper seeks to explore ethical issues in the above case in reference to codes of ethics in the Australian Computer Society (ACS).... Moreover, this paper will seek to give recommendations to Leikkessa whether or not she should refuse to design the system according to the company's specifications.... … Title: ethics and Social Issues - Formal report and Survey and analysis of the IT employment market Word count: 1253/855@ 2010Assignment 2- Formal reportExecutive SummaryLeikkessa Jones established her software consulting company after quitting Title: ethics and Social Issues - Formal report and Survey and analysis of the IT employment market Word count: 1253/855@ 2010Assignment 2- Formal reportExecutive SummaryLeikkessa Jones established her software consulting company after quitting her job as a system designer....
4 Pages (1000 words) Assignment

Ensuring Social and Environmental Sustainability

In Corporate Survival: The critical importance of sustainability risk management by Anderson (89), it became clear to me that, today, businesses are less ignorant of their environmental activities.... The paper "Ensuring Social and Environmental Sustainability" analyzes that papers and journals on social and environmental sustainability introduced me to the wide definition of Corporate Social Responsibility and the roles to be played by businesses in fulfilling these responsibilities....
8 Pages (2000 words) Assignment

Engineering Innovativeness

Specifically, this research paper focuses on the field of geothermal heating and cooling system.... The paper will highlight on geothermal energy in regards to the environmental impacts or issues of the innovation.... Lastly, the research paper will expound on the competencies that engineers demonstrate in this innovation....
8 Pages (2000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us