¶ … business ethics in the 21st century. Business ethics are under increased scrutiny today, and companies like Enron and WorldCom redefine corporate business ethics, lack of ethics, and their punishments when greed prevails over ethics. Business ethics today may be in question in many areas, but the Enron scandal and others have caused people to take a closer look at ethics in business and create new ways to thrive in business without suspending business ethics. To say that every business in America was ethically corrupt after the Enron scandal would be as far from the truth as saying that every business in America straightened up their ethics after the Enron scandal broke. There will always be unethical businesses in America, and there will always be highly ethical businesses. However, the evidence suggests that in order for businesses to survive, thrive, and grow, they must inherently be corrupt. One ethics expert states that trickles down into education, subtly continuing the trend toward unethical business practices that eventually become accepted and widely used. He writes, "This...
] that successful businesses are by their very nature corrupt is itself corrupting to students in business-ethics classes" (Berlau & Spun, 2002). This view that business ethics classes are teaching a cynical view of business is held by many in the educational and business world, and the continued reliance on "cooked" books may indeed indicate that generations of business majors have somehow come to believe that ethics and business simply do not go together, if businesses want to survive.
21st Century Leadership What does leadership mean today? The 21st Century environment presents totally different challenges and needs from the previous centuries with regards to leadership. Studies have shown that emotional and social intelligence are two big areas that pertain to 21st century leadership, as they relate to how well leaders can effectively establish positive relationships with followers (Boyatzis, 2008; Den, Deanne, Belschak, 2012; Higgs, 2013; Schyns, Schilling, 2013). There are,
ethics in the workplace. In your analysis provide an example of a specific organization that represents a model of ethical (or unethical) conduct. Current State of Ethics in the Workplace Ethics in the public sector has been a research agenda for decades especially in the public sector. The article "Public Ethics and the New Managerialism" represents the latest research in the administrative sector. The article features new contributions from leading researchers
Global Warming Major Issues of the 21st Century: Who is Responsible for Addressing Global Warming? Global warming is one of the most pressing issues in the 21st century. In the last few decades, the world has experienced higher temperatures, increased melting of ice caps, rising sea levels, more regular and more adverse weather events (such as storms, floods, heat waves, and drought), and changing rainfall patterns. We have also observed increased rain
Aviation Management is a complex issue in any environment. In the 21st century environment Aviation Management faces many challenges. These challenges are related to Globalization, Challenges specific to legacy airlines, Air Traffic control shortages and Ethics including the impact of greenhouse gas emmissions. The purpose of this discussion is to examine the Challenges of the 21st century in Aviation Management and the forces of change. Globalization Challenges for Legacy airlines Like any industry,
Japanese-American Biopharmaceutical Industry in the 21st Century Optimizing Ethical Drug Availability Between These Two Pharmaceutical Superpowers" The Japanese-American biopharmaceutical industry represents an ongoing international effort between the two top pharmaceutical markets in the world. These two economic powers provide consumers with a majority share of all pharmaceuticals produced in the world. However, a number of pharmaceutical products that are currently available to U.S. residents are unavailable to Japanese consumers. From a humanitarian perspective, this
Inventory Management Strategy. In his book, Streetwise Project Management, Dobson (2003) advocates the use of a just-in-time inventory management strategy to keep inventories low and manufacturing process more productive. This approach, though, will require close coordination with a Brazilian supplier, warehousing operations, planners and forecasters, and transportation directors throughout the inventory management process. In this regard, Epps (1995) advises, that such an approach requires the efficient transportation of materials from
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