Thursday, February 20, 2020

Business Ethics Essay Example | Topics and Well Written Essays - 2000 words - 1

Business Ethics - Essay Example The situation is unexplainable. Indeed the new manger requires a lot of patience, inquiry to all procedures, consultations wit all the stakeholders and apt application of all the business ethics. It observable that, the business ethical conduct should be applied without fear or favor. It is expensive for the company to neglect business ethics (STEWART, 2006). The business ethics aspects touch all the sectors of an organization. For instance, the fairness in trading activities, sales practices, internal audit, transparency and fairness in human resource and so many others. Management, transparency in marketing strategies, safety in production process and many others. In essence, the business ethical conduct is a wide area, which includes numerous aspects (SORELL & HENDRY, 2004). However, there are some key departments such as production, which should be given much concentration particularly on the Delectable’s case. This paper intends to analyze the Delectable’s case in form of questions and providing of opinions. It is imperative to not that, the Delectables’case raises numerous questions on the intentions of both the management and employees. Consider the following analysis. Part A 1. What would you do? Would you blow the whistle? As a middle level manager and with the happenings at Delectables, an ethical manager should raise a whistle to unearth the events and behavior practiced by the employees. Indeed the status of Delectables depicts a rotten society that does not care about the welfare of others. Indeed, numerous questions arise when considering this case. The very first question that needs to be answered through a research is the reason as to why Delectables, which commands 35% of the market niche, is facing financial constraints (SNOEYENBOS, ALMEDER & HUMBER, 2001). Despite the competition created by Prince’s fare and the prevailing overall market conditions, there must be other self caused factors for the falling trend of t he this company. Indeed, from the case, it is observable that, the prevailing conditions in the market space contribute partially to the straining trend of Delectables. A fair part of the financial constraints in this company is a product of the self-caused conditions. These conditions have immensely played a role in diminishing the brand and reputation of Delectable’s. Delectables company’s decline falls further indicated in the fall of the stock price. A thorough research should be done to ascertain the appropriate answers to this question. The perceived research however has some indications of the perceived answers (SHAW, 2000). For instance, the company recorded few food safety cases in 2005, but the recent reports from Georgia plant were the manager reported the presence of Salmonella in peanut butter and similar salmonella food poisoning alleged to have been discovered in the Delectables peanut butter chocolate bars is adequate evidence to link the company with t he food salmonella food poisoning. In actual sense, the question that comes out is the reasons why Delectables refused to release the laboratory tests carried out on the alleged presence of the salmonella (SAGEN, 2002). The business ethics and principles do not give room for limited information dissemination on the status of products especially on the safety and health of the consumers. The issue of salmonella food poisoning might be the major cause of the declining of the company’

Tuesday, February 4, 2020

ANALYSIS AND EVALUATION OF EXTERNAL AND INTERNAL ENVIRONMENTS OF Essay

ANALYSIS AND EVALUATION OF EXTERNAL AND INTERNAL ENVIRONMENTS OF TOYOTA - Essay Example 8 million cars were recalled globally which has put the firm in a financial crisis. Moreover, Liker and Hoseus (2007) add that sine the brand’s reliability is now in question especially in the US; it is bound to face many financial challenges even though it is financially more table than rivals Ford and General Motors. Morgan (2010) adds that rrecently Toyota’s shares have fallen 17% since January 2010 which means that the firm is losing its customers due to such episodes. However, being one of the largest in the world, the firm can handle such financial crisis, however, with the economy downturns, and the malfunctions in their models have aggravated the problem and have added to their financial difficulties. Kotelnikov (2010) adds that they plan to alleviate the losses with their innovativeness and attracting new customers with their attractive new models, however, the recall has damaged their reputation and they have the customer trust which in turn has affected their financial position. Their financial position has been affected in the US and Europe though its repercussions will be felt r global sales as the consumers lose their trust in the brand. As per Liker and Hoseus (2007) Toyota is working globally and thus has operations in various parts of the world that include for both manufacturing and assembling lines in Japan Canada, Indonesia, Canada, Poland, South Africa , Turkey, UK, US Brazil France, India, Pakistan, Malaysia etc . They are manufacturing and assembling their different brands across the markets as per the needs of the markets. However, Morgan (2010) explains that Toyota has been known for using it’s just in time inventory which has made their production process much more efficient. Due to strong relations with its supplier Kim and Smith (2001, pp. 211-222) add that Toyota has been able to keep